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 | |
|---|---|---|---|---|---|---|
|
GTY
2026
Getty Realty Corp
GTY
$1.6B
| $1.97M | ﹤0.01% |
69,500
-6,405
| -8% | -$181K |
|
|
RUBY
2027
DELISTED
Rubius Therapeutics, Inc
RUBY
| $1.97M | ﹤0.01% |
74,200
| – | – |
|
2028
Albertsons Companies
ACI
$10.5B
| $1.96M | ﹤0.01% |
102,700
-9,430
| -8% | -$180K |
|
2029
America's Car Mart
CRMT
$286M
| $1.95M | ﹤0.01% |
12,800
-1,579
| -11% | -$241K |
|
2030
Icahn Enterprises
IEP
$4.67B
| $1.95M | ﹤0.01% |
36,300
| – | – |
|
|
EVA
2031
DELISTED
Enviva Inc.
EVA
| $1.95M | ﹤0.01% |
40,300
-4,846
| -11% | -$234K |
|
2032
Leslie's
LESL
$62M
| $1.94M | ﹤0.01% |
79,370
-7,538
| -9% | -$185K |
|
|
RDUS
2033
DELISTED
Radius Health, Inc.
RDUS
| $1.94M | ﹤0.01% |
92,800
| – | – |
|
|
TRHC
2034
DELISTED
Tabula Rasa HealthCare, Inc. Common Stock
TRHC
| $1.93M | ﹤0.01% |
41,900
| – | – |
|
2035
BellRing Brands
BRBR
$4.8B
| $1.93M | ﹤0.01% |
81,600
-7,646
| -9% | -$181K |
|
2036
Center Bancorp
CNOB
$1.26B
| $1.93M | ﹤0.01% |
76,000
-13,235
| -15% | -$336K |
|
2037
RadNet
RDNT
$5.69B
| $1.93M | ﹤0.01% |
88,500
-9,816
| -10% | -$214K |
|
2038
Scorpio Tankers
STNG
$2.99B
| $1.92M | ﹤0.01% |
104,200
-15,145
| -13% | -$280K |
|
2039
Oaktree Specialty Lending
OCSL
$1.21B
| $1.92M | ﹤0.01% |
103,225
+12,808
| +14% | +$238K |
|
|
TGI
2040
DELISTED
Triumph Group
TGI
| $1.92M | ﹤0.01% |
104,300
-9,960
| -9% | -$183K |
|
2041
Enanta Pharmaceuticals
ENTA
$177M
| $1.91M | ﹤0.01% |
38,800
-3,595
| -8% | -$177K |
|
2042
Theravance Biopharma
TBPH
$720M
| $1.91M | ﹤0.01% |
93,700
-8,509
| -8% | -$174K |
|
|
COWN
2043
DELISTED
Cowen Inc. Class A Common Stock
COWN
| $1.91M | ﹤0.01% |
54,400
-10,056
| -16% | -$353K |
|
2044
Golar LNG
GLNG
$4.16B
| $1.9M | ﹤0.01% |
185,900
| – | – |
|
2045
Great Lakes Dredge & Dock
GLDD
$821M
| $1.9M | ﹤0.01% |
130,300
-22,204
| -15% | -$324K |
|
2046
Origin Bancorp
OBK
$1.11B
| $1.9M | ﹤0.01% |
44,700
-3,958
| -8% | -$168K |
|
2047
Alector
ALEC
$278M
| $1.9M | ﹤0.01% |
94,100
| – | – |
|
2048
First Foundation Inc
FFWM
$493M
| $1.89M | ﹤0.01% |
80,500
-7,414
| -8% | -$174K |
|
|
RPT
2049
DELISTED
RPT Realty Common Shares of Beneficial Interest (MD)
RPT
| $1.89M | ﹤0.01% |
165,600
-24,194
| -13% | -$276K |
|
2050
Suburban Propane Partners
SPH
$1.21B
| $1.88M | ﹤0.01% |
126,900
-21,899
| -15% | -$325K |
|