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 | |
|---|---|---|---|---|---|---|
1826
US Physical Therapy
USPH
$1.22B
| $2.7M | ﹤0.01% |
25,900
-2,947
| -10% | -$307K |
|
1827
Codexis
CDXS
$219M
| $2.69M | ﹤0.01% |
117,700
| – | – |
|
|
OPI
1828
Office Properties Income Trust
OPI
$40.8M
| $2.69M | ﹤0.01% |
97,800
-14,364
| -13% | -$395K |
|
|
SILK
1829
DELISTED
Silk Road Medical, Inc. Common Stock
SILK
| $2.69M | ﹤0.01% |
53,031
-5,126
| -9% | -$260K |
|
|
ECOL
1830
DELISTED
US Ecology, Inc.
ECOL
| $2.67M | ﹤0.01% |
64,200
-5,887
| -8% | -$245K |
|
1831
Patterson-UTI
PTEN
$2.13B
| $2.67M | ﹤0.01% |
374,000
-55,034
| -13% | -$392K |
|
1832
AZZ Inc
AZZ
$3.52B
| $2.66M | ﹤0.01% |
52,900
-6,133
| -10% | -$309K |
|
|
FOCS
1833
DELISTED
Focus Financial Partners Inc. Class A
FOCS
| $2.66M | ﹤0.01% |
64,000
-5,781
| -8% | -$241K |
|
1834
Sixth Street Specialty
TSLX
$2.32B
| $2.66M | ﹤0.01% |
126,569
-13,400
| -10% | -$282K |
|
1835
ADT
ADT
$7.24B
| $2.65M | ﹤0.01% |
314,089
-29,040
| -8% | -$245K |
|
1836
Fulgent Genetics
FLGT
$670M
| $2.65M | ﹤0.01% |
27,397
-3,249
| -11% | -$314K |
|
1837
S&T Bancorp
STBA
$1.5B
| $2.65M | ﹤0.01% |
79,000
-7,100
| -8% | -$238K |
|
1838
Black Stone Minerals
BSM
$2.65B
| $2.65M | ﹤0.01% |
303,473
-53,098
| -15% | -$463K |
|
1839
Lennar Class B
LEN.B
$34B
| $2.64M | ﹤0.01% |
33,769
-6,051
| -15% | -$474K |
|
1840
First Busey Corp
BUSE
$2.19B
| $2.64M | ﹤0.01% |
102,900
-17,596
| -15% | -$451K |
|
|
TUP
1841
DELISTED
Tupperware Brands Corporation
TUP
| $2.64M | ﹤0.01% |
99,900
-15,581
| -13% | -$411K |
|
1842
Pilgrim's Pride
PPC
$10.4B
| $2.64M | ﹤0.01% |
110,800
-9,644
| -8% | -$229K |
|
1843
Sinclair Inc
SBGI
$972M
| $2.63M | ﹤0.01% |
89,800
-14,374
| -14% | -$421K |
|
1844
City Holding Co
CHCO
$1.83B
| $2.63M | ﹤0.01% |
32,100
-2,839
| -8% | -$232K |
|
1845
Supernus Pharmaceuticals
SUPN
$2.55B
| $2.61M | ﹤0.01% |
99,700
-14,714
| -13% | -$385K |
|
1846
Calavo Growers
CVGW
$489M
| $2.61M | ﹤0.01% |
33,600
-3,077
| -8% | -$239K |
|
1847
BJ's Restaurants
BJRI
$684M
| $2.61M | ﹤0.01% |
44,900
-4,127
| -8% | -$240K |
|
1848
Core Laboratories
CLB
$581M
| $2.61M | ﹤0.01% |
90,600
-8,372
| -8% | -$241K |
|
|
SHYF
1849
DELISTED
The Shyft Group
SHYF
| $2.61M | ﹤0.01% |
70,100
-8,496
| -11% | -$316K |
|
|
SWCH
1850
DELISTED
Switch, Inc. Class A Common Stock
SWCH
| $2.6M | ﹤0.01% |
159,800
| – | – |
|