California Public Employees Retirement System Portfolio holdings
The California Public Employees’ Retirement System (CalPERS), established in 1932 and headquartered in Sacramento, California, is the largest public pension fund in the U.S., managing over $510 billion in assets as of late 2024 to provide retirement and health benefits to more than 2 million state and local government employees, retirees, and their families. Operating as a defined benefit plan, CalPERS invests globally across equities, fixed income, real estate, private equity, and infrastructure, guided by a 13-member board and a commitment to sustainable investing and ESG (environmental, social, governance) principles under Chief Investment Officer Ben Meng since 2024. Known for its influential shareholder activism—pushing for corporate governance reforms—CalPERS serves over 3,000 employers, including state agencies and school districts, balancing long-term funding needs with a $100 billion unfunded liability challenge. As a cornerstone of California’s public sector, it blends financial stewardship with a mission to secure retiree livelihoods.
Top Buys
| 1 |
SPDR S&P 500 ETF Trust
SPY
|
+$334M |
| 2 |
Alibaba
BABA
|
+$274M |
| 3 |
Verizon
VZ
|
+$224M |
| 4 |
iShares MSCI EAFE ETF
EFA
|
+$201M |
| 5 |
Amazon
AMZN
|
+$156M |
Top Sells
| 1 |
UnitedHealth
UNH
|
+$185M |
| 2 |
CELG
Celgene Corp
CELG
|
+$168M |
| 3 |
Procter & Gamble
PG
|
+$121M |
| 4 |
Honeywell
HON
|
+$109M |
| 5 |
Progressive
PGR
|
+$102M |
Sector Composition
| 1 | Technology | 17.56% |
| 2 | Financials | 15.02% |
| 3 | Healthcare | 12.83% |
| 4 | Consumer Discretionary | 9.96% |
| 5 | Consumer Staples | 8.54% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
CBPO
1226
DELISTED
China Biologic Products Holdings, Inc.
CBPO
| $6.99M | 0.01% |
60,023
+8,735
| +17% | +$1.02M |
|
|
AGR
1227
DELISTED
Avangrid, Inc.
AGR
| $6.97M | 0.01% |
136,286
-87
| -0.1% | -$4.45K |
|
1228
Cathay General Bancorp
CATY
$3.39B
| $6.96M | 0.01% |
183,006
-32,561
| -15% | -$1.24M |
|
1229
WD-40
WDFC
$2.86B
| $6.96M | 0.01% |
35,868
-5,909
| -14% | -$1.15M |
|
1230
Cedar Fair
FUN
$2.38B
| $6.94M | 0.01% |
125,209
+10,222
| +9% | +$567K |
|
1231
NIO
NIO
$14B
| $6.92M | 0.01% |
1,722,184
+1,406,882
| +446% | +$5.66M |
|
1232
EQT Corp
EQT
$31.8B
| $6.9M | 0.01% |
632,861
+69,206
| +12% | +$754K |
|
1233
Brady Corp
BRC
$3.74B
| $6.89M | 0.01% |
120,359
-2,651
| -2% | -$152K |
|
1234
Federal Signal
FSS
$7.64B
| $6.87M | 0.01% |
213,130
+78,758
| +59% | +$2.54M |
|
1235
Openlane
KAR
$3.07B
| $6.87M | 0.01% |
315,265
-29,683
| -9% | -$647K |
|
|
ISBC
1236
DELISTED
Investors Bancorp, Inc.
ISBC
| $6.86M | 0.01% |
575,375
+28,009
| +5% | +$334K |
|
1237
Liberty Broadband Class A
LBRDA
$8.65B
| $6.85M | 0.01% |
55,023
-6,792
| -11% | -$846K |
|
|
NEWR
1238
DELISTED
New Relic, Inc.
NEWR
| $6.85M | 0.01% |
104,200
+14,800
| +17% | +$973K |
|
|
S
1239
DELISTED
Sprint Corporation
S
| $6.83M | 0.01% |
1,311,571
+42,983
| +3% | +$224K |
|
1240
CVB Financial
CVBF
$2.77B
| $6.82M | 0.01% |
315,971
+1,078
| +0.3% | +$23.3K |
|
1241
Adtalem Global Education
ATGE
$4.94B
| $6.77M | 0.01% |
193,515
+52,990
| +38% | +$1.85M |
|
1242
AllianceBernstein
AB
$4.19B
| $6.74M | 0.01% |
222,752
-2,012
| -0.9% | -$60.9K |
|
1243
Pinterest
PINS
$23.8B
| $6.74M | 0.01% |
361,557
+42,700
| +13% | +$796K |
|
1244
Sea Limited
SE
$116B
| $6.74M | 0.01% |
167,521
+11,722
| +8% | +$471K |
|
|
CMD
1245
DELISTED
Cantel Medical Corporation
CMD
| $6.73M | 0.01% |
94,886
+5,618
| +6% | +$398K |
|
1246
Benchmark Electronics
BHE
$1.41B
| $6.72M | 0.01% |
195,702
+53,650
| +38% | +$1.84M |
|
1247
Kontoor Brands
KTB
$4.5B
| $6.72M | 0.01% |
160,122
+78,133
| +95% | +$3.28M |
|
1248
CNO Financial Group
CNO
$3.8B
| $6.7M | 0.01% |
369,791
-2,262
| -0.6% | -$41K |
|
|
GWPH
1249
DELISTED
GW Pharmaceuticals Plc American Depositary Shares
GWPH
| $6.68M | 0.01% |
63,900
+8,700
| +16% | +$910K |
|
1250
Qualys
QLYS
$4.82B
| $6.68M | 0.01% |
80,082
+5,817
| +8% | +$485K |
|