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 | |
|---|---|---|---|---|---|---|
1351
Hyatt Hotels
H
$13.7B
| $5.79M | ﹤0.01% |
69,977
-12,640
| -15% | -$1.05M |
|
|
AGR
1352
DELISTED
Avangrid, Inc.
AGR
| $5.78M | ﹤0.01% |
115,967
-18,417
| -14% | -$917K |
|
1353
BOK Financial
BOKF
$7.06B
| $5.75M | ﹤0.01% |
64,315
-14,441
| -18% | -$1.29M |
|
1354
Artisan Partners
APAM
$3.27B
| $5.74M | ﹤0.01% |
109,940
-18,558
| -14% | -$968K |
|
1355
Independent Bank
INDB
$3.56B
| $5.66M | ﹤0.01% |
67,191
-10,263
| -13% | -$864K |
|
1356
Sanmina
SANM
$6.24B
| $5.66M | ﹤0.01% |
136,688
-28,772
| -17% | -$1.19M |
|
1357
Lufax Holding
LU
$2.61B
| $5.65M | ﹤0.01% |
97,202
-4,222
| -4% | -$245K |
|
1358
Unity
U
$18.4B
| $5.64M | ﹤0.01% |
56,222
-7,391
| -12% | -$741K |
|
|
CTB
1359
DELISTED
Cooper Tire & Rubber Co.
CTB
| $5.63M | ﹤0.01% |
100,620
-17,292
| -15% | -$968K |
|
|
VG
1360
DELISTED
Vonage Holdings Corporation
VG
| $5.59M | ﹤0.01% |
472,798
-75,234
| -14% | -$889K |
|
1361
Axos Financial
AX
$5.17B
| $5.58M | ﹤0.01% |
118,666
-26,089
| -18% | -$1.23M |
|
1362
Navient
NAVI
$1.28B
| $5.58M | ﹤0.01% |
389,800
-65,944
| -14% | -$944K |
|
1363
Stepan Co
SCL
$1.09B
| $5.58M | ﹤0.01% |
43,874
-6,572
| -13% | -$835K |
|
1364
Badger Meter
BMI
$5.24B
| $5.57M | ﹤0.01% |
59,854
-9,600
| -14% | -$894K |
|
1365
Nu Skin
NUS
$596M
| $5.56M | ﹤0.01% |
105,199
-20,843
| -17% | -$1.1M |
|
1366
Fulton Financial
FULT
$3.54B
| $5.56M | ﹤0.01% |
326,464
-60,592
| -16% | -$1.03M |
|
1367
Golub Capital BDC
GBDC
$3.93B
| $5.53M | ﹤0.01% |
378,384
-58,501
| -13% | -$855K |
|
1368
Upbound Group
UPBD
$1.45B
| $5.53M | ﹤0.01% |
95,882
-14,578
| -13% | -$841K |
|
1369
Dorman Products
DORM
$4.93B
| $5.53M | ﹤0.01% |
53,855
-8,811
| -14% | -$904K |
|
|
PDCO
1370
DELISTED
Patterson Companies, Inc.
PDCO
| $5.52M | ﹤0.01% |
172,904
-30,990
| -15% | -$990K |
|
|
IBTX
1371
DELISTED
Independent Bank Group, Inc.
IBTX
| $5.49M | ﹤0.01% |
76,024
-15,885
| -17% | -$1.15M |
|
1372
Sunstone Hotel Investors
SHO
$1.85B
| $5.48M | ﹤0.01% |
439,648
-67,029
| -13% | -$835K |
|
1373
NewMarket
NEU
$7.87B
| $5.46M | ﹤0.01% |
14,359
-3,891
| -21% | -$1.48M |
|
1374
Amicus Therapeutics
FOLD
$2.46B
| $5.45M | ﹤0.01% |
551,478
-77,628
| -12% | -$767K |
|
|
UCB
1375
United Community Banks, Inc.
UCB
$3.94B
| $5.45M | ﹤0.01% |
159,649
-26,880
| -14% | -$917K |
|