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 | |
|---|---|---|---|---|---|---|
1301
Insperity
NSP
$1.99B
| $6.2M | ﹤0.01% |
73,992
-11,341
| -13% | -$950K |
|
1302
Onto Innovation
ONTO
$5.44B
| $6.19M | ﹤0.01% |
94,219
-15,231
| -14% | -$1M |
|
|
MDC
1303
DELISTED
M.D.C. Holdings, Inc.
MDC
| $6.17M | ﹤0.01% |
103,945
-17,632
| -15% | -$1.05M |
|
1304
Qfin Holdings, Inc. American Depositary Shares
QFIN
$3.76B
| $6.17M | ﹤0.01% |
237,306
-16,233
| -6% | -$422K |
|
1305
Federated Hermes
FHI
$4.16B
| $6.16M | ﹤0.01% |
196,877
-45,631
| -19% | -$1.43M |
|
1306
International Bancshares
IBOC
$4.39B
| $6.16M | ﹤0.01% |
132,645
-20,540
| -13% | -$953K |
|
1307
CNX Resources
CNX
$4.25B
| $6.15M | ﹤0.01% |
418,657
-92,283
| -18% | -$1.36M |
|
1308
WSFS Financial
WSFS
$3.13B
| $6.15M | ﹤0.01% |
123,517
-21,867
| -15% | -$1.09M |
|
1309
Agios Pharmaceuticals
AGIO
$2.14B
| $6.12M | ﹤0.01% |
118,586
-18,447
| -13% | -$953K |
|
1310
Wolverine World Wide
WWW
$2.48B
| $6.1M | ﹤0.01% |
159,138
-28,176
| -15% | -$1.08M |
|
1311
Atlantic Union Bankshares
AUB
$5.05B
| $6.09M | ﹤0.01% |
158,772
-32,584
| -17% | -$1.25M |
|
1312
ServisFirst Bancshares
SFBS
$4.57B
| $6.09M | ﹤0.01% |
99,248
-18,189
| -15% | -$1.12M |
|
1313
Hecla Mining
HL
$7.51B
| $6.09M | ﹤0.01% |
1,069,459
-161,084
| -13% | -$917K |
|
1314
COPT Defense Properties
CDP
$3.46B
| $6.07M | ﹤0.01% |
230,439
-32,778
| -12% | -$863K |
|
1315
Fluor
FLR
$6.63B
| $6.06M | ﹤0.01% |
262,360
-44,737
| -15% | -$1.03M |
|
|
ESGR
1316
DELISTED
Enstar Group
ESGR
| $6.06M | ﹤0.01% |
24,539
-5,102
| -17% | -$1.26M |
|
1317
eXp World Holdings
EXPI
$1.75B
| $6.05M | ﹤0.01% |
132,855
+21,329
| +19% | +$972K |
|
1318
Westlake Corp
WLK
$11.3B
| $6.05M | ﹤0.01% |
68,148
-11,330
| -14% | -$1.01M |
|
1319
Energizer
ENR
$2.02B
| $6.05M | ﹤0.01% |
127,361
-18,693
| -13% | -$887K |
|
|
CMD
1320
DELISTED
Cantel Medical Corporation
CMD
| $6.04M | ﹤0.01% |
75,697
-5,292
| -7% | -$423K |
|
1321
First Merchants
FRME
$2.31B
| $6.04M | ﹤0.01% |
129,863
-30,649
| -19% | -$1.43M |
|
1322
Kulicke & Soffa
KLIC
$2.01B
| $6.02M | ﹤0.01% |
122,664
-20,845
| -15% | -$1.02M |
|
1323
Integer Holdings
ITGR
$3.55B
| $6.02M | ﹤0.01% |
65,395
-11,594
| -15% | -$1.07M |
|
1324
Treehouse Foods
THS
$882M
| $6.02M | ﹤0.01% |
115,155
-24,023
| -17% | -$1.26M |
|
1325
Forward Air
FWRD
$904M
| $6.02M | ﹤0.01% |
67,730
-9,914
| -13% | -$880K |
|