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 | |
|---|---|---|---|---|---|---|
2201
Scansource
SCSC
$974M
| $1.55M | ﹤0.01% |
51,700
-7,614
| -13% | -$228K |
|
2202
Northfield Bancorp
NFBK
$492M
| $1.54M | ﹤0.01% |
97,000
-9,184
| -9% | -$146K |
|
|
SP
2203
DELISTED
SP Plus Corporation
SP
| $1.54M | ﹤0.01% |
46,800
-4,216
| -8% | -$138K |
|
|
FBMS
2204
DELISTED
The First Bancshares, Inc.
FBMS
| $1.53M | ﹤0.01% |
41,801
-6,398
| -13% | -$234K |
|
|
CAI
2205
DELISTED
CAI International, Inc.
CAI
| $1.53M | ﹤0.01% |
33,600
-4,997
| -13% | -$227K |
|
|
MAGN
2206
Magnera Corporation
MAGN
$393M
| $1.53M | ﹤0.01% |
6,854
-631
| -8% | -$141K |
|
2207
Dillards
DDS
$8.97B
| $1.53M | ﹤0.01% |
15,800
-1,357
| -8% | -$131K |
|
2208
Carlyle Secured Lending
CGBD
$999M
| $1.52M | ﹤0.01% |
115,400
-10,684
| -8% | -$141K |
|
2209
ImmunityBio
IBRX
$2.46B
| $1.52M | ﹤0.01% |
64,100
-6,260
| -9% | -$149K |
|
2210
Surmodics
SRDX
$457M
| $1.52M | ﹤0.01% |
27,100
-2,422
| -8% | -$136K |
|
2211
Harmonic Inc
HLIT
$1.13B
| $1.51M | ﹤0.01% |
193,000
| – | – |
|
2212
Johnson Outdoors
JOUT
$422M
| $1.51M | ﹤0.01% |
10,600
-930
| -8% | -$133K |
|
2213
Universal Electronics
UEIC
$62.3M
| $1.51M | ﹤0.01% |
27,500
-2,487
| -8% | -$137K |
|
|
PETQ
2214
DELISTED
PetIQ, Inc. Class A Common Stock
PETQ
| $1.51M | ﹤0.01% |
42,800
| – | – |
|
2215
Sportsman's Warehouse
SPWH
$117M
| $1.51M | ﹤0.01% |
87,300
-11,336
| -11% | -$195K |
|
2216
Karyopharm Therapeutics
KPTI
$55.9M
| $1.5M | ﹤0.01% |
9,533
-882
| -8% | -$139K |
|
2217
Modine Manufacturing
MOD
$7.86B
| $1.5M | ﹤0.01% |
101,800
-14,859
| -13% | -$220K |
|
|
PAYA
2218
DELISTED
Paya Holdings Inc. Class A Common Stock
PAYA
| $1.5M | ﹤0.01% |
136,920
-12,670
| -8% | -$139K |
|
2219
AdvanSix
ASIX
$576M
| $1.5M | ﹤0.01% |
55,900
-5,274
| -9% | -$141K |
|
2220
Energy Recovery
ERII
$764M
| $1.5M | ﹤0.01% |
81,700
| – | – |
|
2221
Kopin
KOPN
$412M
| $1.5M | ﹤0.01% |
142,766
| – | – |
|
2222
Axogen
AXGN
$755M
| $1.5M | ﹤0.01% |
73,800
| – | – |
|
2223
United Fire Group
UFCS
$807M
| $1.49M | ﹤0.01% |
42,900
-3,932
| -8% | -$137K |
|
2224
Liberty Energy
LBRT
$1.73B
| $1.49M | ﹤0.01% |
132,000
-13,848
| -9% | -$156K |
|
2225
Invesco Mortgage Capital
IVR
$502M
| $1.49M | ﹤0.01% |
37,147
-3,424
| -8% | -$137K |
|