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 | |
|---|---|---|---|---|---|---|
|
ARR
2176
Armour Residential REIT
ARR
$1.72B
| $1.6M | ﹤0.01% |
26,180
-3,079
| -11% | -$188K |
|
2177
Anavex Life Sciences
AVXL
$805M
| $1.6M | ﹤0.01% |
106,800
-9,745
| -8% | -$146K |
|
2178
Acco Brands
ACCO
$361M
| $1.59M | ﹤0.01% |
188,700
-27,752
| -13% | -$234K |
|
|
TPC
2179
Tutor Perini Corporation
TPC
$3.37B
| $1.59M | ﹤0.01% |
84,000
-12,298
| -13% | -$233K |
|
2180
Amneal Pharmaceuticals
AMRX
$3.14B
| $1.59M | ﹤0.01% |
236,400
-35,170
| -13% | -$237K |
|
2181
Varex Imaging
VREX
$469M
| $1.59M | ﹤0.01% |
77,600
-6,966
| -8% | -$143K |
|
2182
Option Care Health
OPCH
$4.62B
| $1.59M | ﹤0.01% |
89,400
-10,683
| -11% | -$190K |
|
2183
Arcturus Therapeutics
ARCT
$470M
| $1.58M | ﹤0.01% |
38,363
-4,534
| -11% | -$187K |
|
|
EPZM
2184
DELISTED
Epizyme, Inc
EPZM
| $1.58M | ﹤0.01% |
181,600
| – | – |
|
2185
USA Compression Partners
USAC
$2.96B
| $1.58M | ﹤0.01% |
103,000
-9,443
| -8% | -$145K |
|
2186
SFL Corp
SFL
$1.06B
| $1.57M | ﹤0.01% |
196,300
-17,600
| -8% | -$141K |
|
|
CMRC
2187
Commerce.com, Inc. Series 1 Common Stock
CMRC
$370M
| $1.57M | ﹤0.01% |
27,206
-2,524
| -8% | -$146K |
|
2188
Prothena Corp
PRTA
$442M
| $1.57M | ﹤0.01% |
62,500
-5,884
| -9% | -$148K |
|
|
QADA
2189
DELISTED
QAD Inc.
QADA
| $1.57M | ﹤0.01% |
23,500
-2,227
| -9% | -$148K |
|
2190
Globalstar
GSAT
$3.79B
| $1.56M | ﹤0.01% |
77,167
| – | – |
|
|
CBB
2191
DELISTED
Cincinnati Bell Inc.
CBB
| $1.56M | ﹤0.01% |
101,800
-12,146
| -11% | -$186K |
|
|
ABTX
2192
DELISTED
Allegiance Bancshares, Inc.
ABTX
| $1.56M | ﹤0.01% |
38,500
-5,684
| -13% | -$230K |
|
2193
Alaunos Therapeutics
TCRT
$5.1M
| $1.56M | ﹤0.01% |
2,889
| – | – |
|
2194
Monarch Casino & Resort
MCRI
$1.9B
| $1.56M | ﹤0.01% |
25,700
| – | – |
|
2195
American Well
AMWL
$107M
| $1.56M | ﹤0.01% |
4,482
-417
| -9% | -$145K |
|
2196
MGP Ingredients
MGPI
$596M
| $1.56M | ﹤0.01% |
26,300
-2,410
| -8% | -$143K |
|
|
TGP
2197
DELISTED
Teekay LNG Partners L.P.
TGP
| $1.55M | ﹤0.01% |
108,000
-9,751
| -8% | -$140K |
|
2198
Adecoagro
AGRO
$806M
| $1.55M | ﹤0.01% |
197,300
-33,955
| -15% | -$267K |
|
2199
Innoviva
INVA
$1.22B
| $1.55M | ﹤0.01% |
129,800
-19,165
| -13% | -$229K |
|
2200
Ambac
AMBC
$413M
| $1.55M | ﹤0.01% |
92,600
-8,575
| -8% | -$144K |
|