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 |
Walmart
WMT
|
+$250M |
| 2 |
Target
TGT
|
+$142M |
| 3 |
Abbott
ABT
|
+$113M |
| 4 |
Verizon
VZ
|
+$87.4M |
| 5 |
NetEase
NTES
|
+$77.2M |
Top Sells
| 1 |
Alibaba
BABA
|
+$930M |
| 2 |
Apple
AAPL
|
+$258M |
| 3 |
Ross Stores
ROST
|
+$168M |
| 4 |
TIF
Tiffany & Co.
TIF
|
+$117M |
| 5 |
NVR
NVR
|
+$96.3M |
Sector Composition
| 1 | Technology | 21.88% |
| 2 | Healthcare | 14.24% |
| 3 | Financials | 13.06% |
| 4 | Consumer Discretionary | 11.15% |
| 5 | Communication Services | 9.49% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
1251
Eastern Bankshares
EBC
$3.47B
| $7M | 0.01% |
362,971
-51,958
| -13% | -$1M |
|
1252
Assured Guaranty
AGO
$3.94B
| $6.98M | 0.01% |
165,041
-37,145
| -18% | -$1.57M |
|
1253
Meritage Homes
MTH
$5.67B
| $6.96M | 0.01% |
151,528
-33,244
| -18% | -$1.53M |
|
1254
ABM Industries
ABM
$2.81B
| $6.94M | 0.01% |
136,044
-23,771
| -15% | -$1.21M |
|
|
BBBY
1255
DELISTED
Bed Bath & Beyond Inc
BBBY
| $6.92M | 0.01% |
237,515
-54,028
| -19% | -$1.58M |
|
1256
Acadia Pharmaceuticals
ACAD
$3.99B
| $6.92M | 0.01% |
268,183
+15,612
| +6% | +$403K |
|
1257
Commercial Metals
CMC
$6.56B
| $6.86M | 0.01% |
222,314
-57,638
| -21% | -$1.78M |
|
1258
Viasat
VSAT
$4.02B
| $6.83M | 0.01% |
142,144
+13,166
| +10% | +$633K |
|
1259
Adaptive Biotechnologies
ADPT
$1.96B
| $6.83M | 0.01% |
169,627
-19,708
| -10% | -$793K |
|
|
VNET
1260
VNET Group
VNET
$2.57B
| $6.82M | 0.01% |
211,224
-9,182
| -4% | -$297K |
|
1261
Fabrinet
FN
$12.8B
| $6.8M | 0.01% |
75,198
-10,730
| -12% | -$970K |
|
|
ETRN
1262
DELISTED
Equitrans Midstream Corporation Common Stock
ETRN
| $6.79M | 0.01% |
832,208
-160,836
| -16% | -$1.31M |
|
1263
Kennametal
KMT
$1.59B
| $6.77M | 0.01% |
169,383
-25,149
| -13% | -$1.01M |
|
1264
Insight Enterprises
NSIT
$3.94B
| $6.75M | 0.01% |
70,730
-10,444
| -13% | -$997K |
|
|
SIX
1265
DELISTED
Six Flags Entertainment Corp.
SIX
| $6.72M | 0.01% |
144,584
-23,285
| -14% | -$1.08M |
|
1266
CVB Financial
CVBF
$2.77B
| $6.71M | 0.01% |
303,621
-40,274
| -12% | -$890K |
|
|
WRI
1267
DELISTED
Weingarten Realty Investors
WRI
| $6.69M | 0.01% |
248,706
-46,364
| -16% | -$1.25M |
|
|
HMSY
1268
DELISTED
HMS Holdings Corp.
HMSY
| $6.64M | 0.01% |
179,673
-25,799
| -13% | -$954K |
|
|
GTM
1269
ZoomInfo Technologies
GTM
$3.69B
| $6.63M | 0.01% |
135,549
-19,417
| -13% | -$949K |
|
1270
Alkermes
ALKS
$4.53B
| $6.62M | 0.01% |
354,615
-56,251
| -14% | -$1.05M |
|
1271
PTC Therapeutics
PTCT
$4.93B
| $6.59M | 0.01% |
139,134
-9,076
| -6% | -$430K |
|
1272
Merit Medical Systems
MMSI
$5.12B
| $6.59M | 0.01% |
109,981
-17,480
| -14% | -$1.05M |
|
1273
Simmons First National
SFNC
$2.98B
| $6.57M | 0.01% |
221,422
-55,616
| -20% | -$1.65M |
|
1274
ESCO Technologies
ESE
$5.37B
| $6.55M | 0.01% |
60,170
-7,710
| -11% | -$840K |
|
1275
California Water Service
CWT
$2.76B
| $6.53M | 0.01% |
115,926
-14,887
| -11% | -$839K |
|