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 | |
|---|---|---|---|---|---|---|
1676
Plains GP Holdings
PAGP
$3.7B
| $3.36M | ﹤0.01% |
357,000
-32,989
| -8% | -$310K |
|
1677
Celsius Holdings
CELH
$14.9B
| $3.35M | ﹤0.01% |
209,400
-27,570
| -12% | -$442K |
|
|
PSXP
1678
DELISTED
PHILLIPS 66 PARTNERS LP
PSXP
| $3.35M | ﹤0.01% |
105,690
-22,052
| -17% | -$698K |
|
1679
Tronox
TROX
$767M
| $3.34M | ﹤0.01% |
182,600
-26,947
| -13% | -$493K |
|
1680
HNI Corp
HNI
$2.07B
| $3.34M | ﹤0.01% |
84,461
-14,298
| -14% | -$566K |
|
1681
Gaotu Techedu
GOTU
$901M
| $3.34M | ﹤0.01% |
98,574
-4,531
| -4% | -$154K |
|
|
MFA
1682
MFA Financial
MFA
$1.04B
| $3.33M | ﹤0.01% |
204,785
-39,861
| -16% | -$649K |
|
1683
Empire State Realty Trust
ESRT
$1.34B
| $3.33M | ﹤0.01% |
299,500
-47,168
| -14% | -$525K |
|
1684
Eagle Bancorp
EGBN
$615M
| $3.33M | ﹤0.01% |
62,511
-9,608
| -13% | -$511K |
|
|
MIK
1685
DELISTED
Michaels Stores, Inc
MIK
| $3.32M | ﹤0.01% |
151,500
-22,404
| -13% | -$492K |
|
1686
Malibu Boats
MBUU
$629M
| $3.32M | ﹤0.01% |
41,700
-4,355
| -9% | -$347K |
|
1687
PRA Group
PRAA
$657M
| $3.32M | ﹤0.01% |
89,442
-8,404
| -9% | -$312K |
|
1688
TechTarget
TTGT
$427M
| $3.29M | ﹤0.01% |
47,400
-5,141
| -10% | -$357K |
|
|
WDR
1689
DELISTED
Waddell & Reed Financial, Inc.
WDR
| $3.29M | ﹤0.01% |
131,300
-20,913
| -14% | -$524K |
|
|
SWTX
1690
DELISTED
SpringWorks Therapeutics
SWTX
| $3.29M | ﹤0.01% |
44,698
-9,048
| -17% | -$666K |
|
1691
Kite Realty
KRG
$4.95B
| $3.28M | ﹤0.01% |
169,900
-28,996
| -15% | -$559K |
|
1692
Acadia Realty Trust
AKR
$2.64B
| $3.27M | ﹤0.01% |
172,600
-20,523
| -11% | -$389K |
|
1693
Verra Mobility
VRRM
$3.92B
| $3.27M | ﹤0.01% |
241,727
-47,450
| -16% | -$642K |
|
|
NOAH
1694
Noah Holdings
NOAH
$781M
| $3.27M | ﹤0.01% |
73,658
-2,959
| -4% | -$131K |
|
|
CSW
1695
CSW Industrials, Inc.
CSW
$4.2B
| $3.27M | ﹤0.01% |
24,206
-5,305
| -18% | -$716K |
|
1696
Ironwood Pharmaceuticals
IRWD
$213M
| $3.25M | ﹤0.01% |
291,024
-55,507
| -16% | -$621K |
|
1697
PJT Partners
PJT
$4.47B
| $3.25M | ﹤0.01% |
48,100
-5,033
| -9% | -$340K |
|
|
BRSL
1698
Brightstar Lottery PLC
BRSL
$3.12B
| $3.25M | ﹤0.01% |
202,500
-18,570
| -8% | -$298K |
|
1699
Gray Television
GTN
$598M
| $3.25M | ﹤0.01% |
176,600
-16,218
| -8% | -$298K |
|
1700
Northwest Natural Holdings
NWN
$1.73B
| $3.24M | ﹤0.01% |
60,010
-5,677
| -9% | -$306K |
|