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 | |
|---|---|---|---|---|---|---|
1926
Scholar Rock
SRRK
$3.04B
| $2.34M | ﹤0.01% |
46,100
-4,806
| -9% | -$243K |
|
1927
OFG Bancorp
OFG
$1.95B
| $2.33M | ﹤0.01% |
103,100
-12,156
| -11% | -$275K |
|
|
BWIN
1928
Baldwin Insurance Group
BWIN
$2.22B
| $2.33M | ﹤0.01% |
85,350
-9,205
| -10% | -$251K |
|
1929
Oceaneering
OII
$2.43B
| $2.32M | ﹤0.01% |
203,500
-29,815
| -13% | -$340K |
|
1930
Huron Consulting
HURN
$2.44B
| $2.32M | ﹤0.01% |
46,100
-4,274
| -8% | -$215K |
|
|
ATCO
1931
DELISTED
Atlas Corp.
ATCO
| $2.32M | ﹤0.01% |
170,200
-19,819
| -10% | -$271K |
|
1932
Buckle
BKE
$3.04B
| $2.32M | ﹤0.01% |
59,000
-5,441
| -8% | -$214K |
|
|
DHC
1933
Diversified Healthcare Trust
DHC
$1.07B
| $2.31M | ﹤0.01% |
484,200
-50,504
| -9% | -$241K |
|
|
HIBB
1934
DELISTED
Hibbett, Inc. Common Stock
HIBB
| $2.31M | ﹤0.01% |
33,500
-4,965
| -13% | -$342K |
|
|
ENLC
1935
DELISTED
ENLINK MIDSTREAM, LLC
ENLC
| $2.31M | ﹤0.01% |
537,400
-79,079
| -13% | -$339K |
|
1936
Usana Health Sciences
USNA
$557M
| $2.3M | ﹤0.01% |
23,600
-2,182
| -8% | -$213K |
|
1937
nLIGHT
LASR
$1.43B
| $2.3M | ﹤0.01% |
70,900
-6,613
| -9% | -$214K |
|
|
RAD
1938
DELISTED
Rite Aid Corporation
RAD
| $2.3M | ﹤0.01% |
112,200
-13,162
| -10% | -$269K |
|
|
EVOP
1939
DELISTED
EVO Payments, Inc. Class A Common Stock
EVOP
| $2.3M | ﹤0.01% |
83,400
-7,695
| -8% | -$212K |
|
|
MTSC
1940
DELISTED
MTS Systems Corp
MTSC
| $2.29M | ﹤0.01% |
39,400
-3,600
| -8% | -$210K |
|
1941
Enova International
ENVA
$2.88B
| $2.29M | ﹤0.01% |
64,612
-10,396
| -14% | -$369K |
|
1942
Benchmark Electronics
BHE
$1.41B
| $2.29M | ﹤0.01% |
74,100
-8,654
| -10% | -$268K |
|
1943
Denny's
DENN
$264M
| $2.29M | ﹤0.01% |
126,300
-11,614
| -8% | -$210K |
|
|
TBIO
1944
DELISTED
Translate Bio, Inc. Common Stock
TBIO
| $2.29M | ﹤0.01% |
138,600
-12,761
| -8% | -$210K |
|
1945
TriMas Corp
TRS
$1.59B
| $2.27M | ﹤0.01% |
74,940
-18,993
| -20% | -$576K |
|
1946
EchoStar
SATS
$21.5B
| $2.27M | ﹤0.01% |
94,618
-8,970
| -9% | -$215K |
|
1947
German American Bancorp
GABC
$1.53B
| $2.26M | ﹤0.01% |
48,965
-5,618
| -10% | -$260K |
|
|
VIVO
1948
DELISTED
Meridian Bioscience Inc
VIVO
| $2.26M | ﹤0.01% |
86,200
-9,841
| -10% | -$258K |
|
1949
Brookdale Senior Living
BKD
$1.78B
| $2.26M | ﹤0.01% |
373,400
-55,458
| -13% | -$336K |
|
1950
New Mountain Finance
NMFC
$1.11B
| $2.26M | ﹤0.01% |
182,200
-16,800
| -8% | -$208K |
|