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 | |
|---|---|---|---|---|---|---|
1851
Reynolds Consumer Products
REYN
$4.84B
| $2.59M | ﹤0.01% |
87,070
-19,268
| -18% | -$574K |
|
1852
CSG Systems International
CSGS
$1.86B
| $2.58M | ﹤0.01% |
57,554
-12,853
| -18% | -$577K |
|
1853
CNA Financial
CNA
$12.9B
| $2.58M | ﹤0.01% |
57,700
-6,332
| -10% | -$283K |
|
1854
BancFirst
BANF
$4.45B
| $2.57M | ﹤0.01% |
36,380
-3,447
| -9% | -$244K |
|
|
AAMI
1855
Acadian Asset Management Inc.
AAMI
$1.74B
| $2.57M | ﹤0.01% |
125,900
-12,997
| -9% | -$265K |
|
1856
Heron Therapeutics
HRTX
$193M
| $2.57M | ﹤0.01% |
158,242
-31,141
| -16% | -$505K |
|
1857
Interparfums
IPAR
$3.43B
| $2.56M | ﹤0.01% |
36,100
-3,334
| -8% | -$237K |
|
1858
Zymeworks
ZYME
$1.19B
| $2.56M | ﹤0.01% |
81,109
-5,881
| -7% | -$186K |
|
1859
Encore Capital Group
ECPG
$1.02B
| $2.56M | ﹤0.01% |
63,500
-10,178
| -14% | -$410K |
|
1860
Nelnet
NNI
$4.46B
| $2.55M | ﹤0.01% |
35,100
-3,189
| -8% | -$232K |
|
1861
First Bancorp
FBNC
$2.29B
| $2.55M | ﹤0.01% |
58,500
-8,492
| -13% | -$369K |
|
1862
MP Materials
MP
$11.2B
| $2.55M | ﹤0.01% |
70,800
-6,518
| -8% | -$234K |
|
1863
Cal-Maine
CALM
$5.37B
| $2.54M | ﹤0.01% |
66,191
-7,941
| -11% | -$305K |
|
|
LADR
1864
Ladder Capital
LADR
$1.48B
| $2.54M | ﹤0.01% |
215,000
-19,324
| -8% | -$228K |
|
1865
Safety Insurance
SAFT
$1.1B
| $2.54M | ﹤0.01% |
30,100
-2,739
| -8% | -$231K |
|
1866
Steelcase
SCS
$1.93B
| $2.53M | ﹤0.01% |
176,100
-29,406
| -14% | -$423K |
|
1867
TriCo Bancshares
TCBK
$1.48B
| $2.53M | ﹤0.01% |
53,382
-5,270
| -9% | -$250K |
|
1868
Kosmos Energy
KOS
$799M
| $2.53M | ﹤0.01% |
823,300
-121,126
| -13% | -$372K |
|
1869
Zentalis Pharmaceuticals
ZNTL
$107M
| $2.53M | ﹤0.01% |
58,256
-5,396
| -8% | -$234K |
|
1870
Compass Diversified
CODI
$527M
| $2.53M | ﹤0.01% |
109,090
-27,290
| -20% | -$632K |
|
1871
Employers Holdings
EIG
$983M
| $2.52M | ﹤0.01% |
58,600
-8,701
| -13% | -$375K |
|
|
PFC
1872
DELISTED
Premier Financial Corp. Common Stock
PFC
| $2.52M | ﹤0.01% |
75,700
-6,874
| -8% | -$229K |
|
|
VCRA
1873
DELISTED
VOCERA COMMUNICATIONS, INC.
VCRA
| $2.51M | ﹤0.01% |
65,300
-5,993
| -8% | -$230K |
|
1874
OceanFirst Financial
OCFC
$1.04B
| $2.51M | ﹤0.01% |
104,743
-35,367
| -25% | -$847K |
|
1875
Quanterix
QTRX
$224M
| $2.5M | ﹤0.01% |
42,800
-3,955
| -8% | -$231K |
|