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 | |
|---|---|---|---|---|---|---|
1751
Northwest Bancshares
NWBI
$1.83B
| $3M | ﹤0.01% |
207,519
-45,733
| -18% | -$661K |
|
|
PGTI
1752
DELISTED
PGT, Inc.
PGTI
| $3M | ﹤0.01% |
118,600
-10,629
| -8% | -$268K |
|
1753
Greif
GEF
$3.59B
| $2.99M | ﹤0.01% |
52,500
-8,345
| -14% | -$476K |
|
1754
Tennant Co
TNC
$1.5B
| $2.98M | ﹤0.01% |
37,300
-3,451
| -8% | -$276K |
|
1755
Laureate Education
LAUR
$4.33B
| $2.98M | ﹤0.01% |
218,900
-25,899
| -11% | -$352K |
|
1756
Cassava Sciences
SAVA
$102M
| $2.97M | ﹤0.01% |
66,063
| – | – |
|
|
ADAM
1757
Adamas Trust, Inc. Common Stock
ADAM
$644M
| $2.96M | ﹤0.01% |
165,544
-38,238
| -19% | -$684K |
|
1758
Inovio Pharmaceuticals
INO
$126M
| $2.96M | ﹤0.01% |
26,567
-350
| -1% | -$39K |
|
1759
NBT Bancorp
NBTB
$2.27B
| $2.95M | ﹤0.01% |
74,035
-18,209
| -20% | -$727K |
|
1760
Addus HomeCare
ADUS
$2.03B
| $2.95M | ﹤0.01% |
28,200
-2,786
| -9% | -$291K |
|
|
DRNA
1761
DELISTED
Dicerna Pharmaceuticals, Inc.
DRNA
| $2.95M | ﹤0.01% |
115,259
-25,212
| -18% | -$645K |
|
1762
ProAssurance
PRA
$1.22B
| $2.94M | ﹤0.01% |
109,800
-12,239
| -10% | -$327K |
|
1763
Domo
DOMO
$701M
| $2.93M | ﹤0.01% |
52,100
-5,645
| -10% | -$318K |
|
1764
Independence Realty Trust
IRT
$4.07B
| $2.93M | ﹤0.01% |
192,800
-18,104
| -9% | -$275K |
|
1765
Axsome Therapeutics
AXSM
$5.91B
| $2.92M | ﹤0.01% |
51,584
-8,773
| -15% | -$497K |
|
1766
Magnolia Oil & Gas
MGY
$4.41B
| $2.92M | ﹤0.01% |
254,300
-23,643
| -9% | -$271K |
|
1767
Newmark Group
NMRK
$3.41B
| $2.92M | ﹤0.01% |
291,600
-43,510
| -13% | -$435K |
|
1768
Schneider National
SNDR
$4.18B
| $2.91M | ﹤0.01% |
116,650
-11,197
| -9% | -$280K |
|
1769
Oxford Industries
OXM
$701M
| $2.91M | ﹤0.01% |
33,300
-3,512
| -10% | -$307K |
|
|
CEQP
1770
DELISTED
Crestwood Equity Partners LP
CEQP
| $2.91M | ﹤0.01% |
104,200
-9,311
| -8% | -$260K |
|
1771
Pitney Bowes
PBI
$1.96B
| $2.9M | ﹤0.01% |
352,400
-52,172
| -13% | -$430K |
|
1772
Repay Holdings
RPAY
$507M
| $2.9M | ﹤0.01% |
123,553
-13,736
| -10% | -$323K |
|
1773
Global Net Lease
GNL
$1.81B
| $2.9M | ﹤0.01% |
160,544
-46,862
| -23% | -$846K |
|
1774
Yext
YEXT
$1.07B
| $2.9M | ﹤0.01% |
200,091
| – | – |
|
1775
Lantheus
LNTH
$3.6B
| $2.89M | ﹤0.01% |
135,277
-12,426
| -8% | -$266K |
|