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 | |
|---|---|---|---|---|---|---|
1451
Shenandoah Telecom
SHEN
$744M
| $4.78M | ﹤0.01% |
97,842
-16,780
| -15% | -$819K |
|
1452
Albany International
AIN
$1.71B
| $4.77M | ﹤0.01% |
57,163
-10,769
| -16% | -$899K |
|
1453
Ubiquiti
UI
$36.6B
| $4.77M | ﹤0.01% |
15,993
-3,125
| -16% | -$932K |
|
|
CADE
1454
DELISTED
Cadence Bancorporation
CADE
| $4.77M | ﹤0.01% |
230,091
-55,333
| -19% | -$1.15M |
|
|
CZZ
1455
DELISTED
Cosan Limited
CZZ
| $4.77M | ﹤0.01% |
228,220
-18,103
| -7% | -$378K |
|
1456
First Financial Bancorp
FFBC
$2.46B
| $4.75M | ﹤0.01% |
197,939
-51,291
| -21% | -$1.23M |
|
1457
Green Dot
GDOT
$751M
| $4.75M | ﹤0.01% |
103,677
-15,853
| -13% | -$726K |
|
1458
Installed Building Products
IBP
$7.27B
| $4.75M | ﹤0.01% |
42,808
-8,403
| -16% | -$932K |
|
1459
Ultra Clean Holdings
UCTT
$1.14B
| $4.74M | ﹤0.01% |
81,600
-7,517
| -8% | -$436K |
|
|
AVYA
1460
DELISTED
Avaya Holdings Corp. Common Stock
AVYA
| $4.72M | ﹤0.01% |
168,300
-24,888
| -13% | -$698K |
|
1461
RLJ Lodging Trust
RLJ
$1.15B
| $4.72M | ﹤0.01% |
304,669
-55,777
| -15% | -$863K |
|
1462
Telephone and Data Systems
TDS
$4.51B
| $4.71M | ﹤0.01% |
205,300
-47,153
| -19% | -$1.08M |
|
1463
AppFolio
APPF
$9.9B
| $4.71M | ﹤0.01% |
33,312
-5,206
| -14% | -$736K |
|
1464
Champion Homes, Inc.
SKY
$4.22B
| $4.7M | ﹤0.01% |
103,866
-9,861
| -9% | -$446K |
|
1465
Penske Automotive Group
PAG
$11.9B
| $4.68M | ﹤0.01% |
58,316
-15,351
| -21% | -$1.23M |
|
1466
Federal Signal
FSS
$7.64B
| $4.66M | ﹤0.01% |
121,591
-20,559
| -14% | -$787K |
|
|
B
1467
DELISTED
Barnes Group Inc.
B
| $4.66M | ﹤0.01% |
93,965
-17,973
| -16% | -$890K |
|
1468
Kontoor Brands
KTB
$4.5B
| $4.65M | ﹤0.01% |
95,897
-16,775
| -15% | -$814K |
|
1469
Sally Beauty Holdings
SBH
$1.48B
| $4.64M | ﹤0.01% |
230,600
-36,946
| -14% | -$744K |
|
1470
National Storage Affiliates Trust
NSA
$2.45B
| $4.64M | ﹤0.01% |
116,097
-22,157
| -16% | -$885K |
|
|
WWE
1471
DELISTED
World Wrestling Entertainment
WWE
| $4.63M | ﹤0.01% |
85,235
-16,415
| -16% | -$891K |
|
1472
Topgolf Callaway Brands
MODG
$1.76B
| $4.62M | ﹤0.01% |
172,847
-29,805
| -15% | -$797K |
|
|
SJI
1473
DELISTED
South Jersey Industries, Inc.
SJI
| $4.62M | ﹤0.01% |
204,544
-32,824
| -14% | -$741K |
|
|
VNE
1474
DELISTED
Veoneer, Inc.
VNE
| $4.62M | ﹤0.01% |
188,592
-32,784
| -15% | -$803K |
|
1475
Bloom Energy
BE
$15.7B
| $4.62M | ﹤0.01% |
170,593
-29,074
| -15% | -$787K |
|