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 | |
|---|---|---|---|---|---|---|
2301
Sterling Infrastructure
STRL
$9.54B
| $1.32M | ﹤0.01% |
56,800
-5,480
| -9% | -$127K |
|
2302
Ducommun
DCO
$1.39B
| $1.31M | ﹤0.01% |
21,900
-2,017
| -8% | -$121K |
|
2303
World Acceptance Corp
WRLD
$900M
| $1.31M | ﹤0.01% |
10,100
-813
| -7% | -$106K |
|
2304
Arcos Dorados Holdings
ARCO
$1.43B
| $1.31M | ﹤0.01% |
261,140
-30,789
| -11% | -$154K |
|
|
AFMD
2305
DELISTED
Affimed
AFMD
| $1.31M | ﹤0.01% |
16,540
-1,604
| -9% | -$127K |
|
2306
First Mid Bancshares
FMBH
$945M
| $1.31M | ﹤0.01% |
29,700
-4,370
| -13% | -$192K |
|
2307
Thermon Group Holdings
THR
$844M
| $1.3M | ﹤0.01% |
66,600
-6,014
| -8% | -$117K |
|
2308
York Water
YORW
$445M
| $1.3M | ﹤0.01% |
26,500
-2,414
| -8% | -$118K |
|
|
GB
2309
DELISTED
Global Blue Group Holding
GB
| $1.3M | ﹤0.01% |
106,522
-7,430
| -7% | -$90.5K |
|
2310
OrthoPediatrics
KIDS
$493M
| $1.3M | ﹤0.01% |
26,600
| – | – |
|
|
RFP
2311
DELISTED
Resolute Forest Products Inc.
RFP
| $1.3M | ﹤0.01% |
118,300
-15,777
| -12% | -$173K |
|
2312
Replimune Group
REPL
$447M
| $1.29M | ﹤0.01% |
42,400
-5,121
| -11% | -$156K |
|
2313
Haverty Furniture Companies
HVT
$371M
| $1.29M | ﹤0.01% |
34,700
-4,966
| -13% | -$185K |
|
|
TSC
2314
DELISTED
TriState Capital Holdings, Inc.
TSC
| $1.29M | ﹤0.01% |
55,900
-8,473
| -13% | -$195K |
|
2315
Clover Health Investments
CLOV
$1.57B
| $1.29M | ﹤0.01% |
170,000
| – | – |
|
|
SDC
2316
DELISTED
SmileDirectClub, Inc. Class A Common Stock
SDC
| $1.28M | ﹤0.01% |
124,500
-11,754
| -9% | -$121K |
|
|
RADI
2317
DELISTED
Radius Global Infrastructure, Inc. Class A Common Stock
RADI
| $1.28M | ﹤0.01% |
87,106
-8,315
| -9% | -$122K |
|
2318
Allegro MicroSystems
ALGM
$5.51B
| $1.28M | ﹤0.01% |
50,327
-4,769
| -9% | -$121K |
|
|
SRG
2319
Seritage Growth Properties
SRG
$237M
| $1.27M | ﹤0.01% |
69,300
| – | – |
|
2320
Cooper-Standard Automotive
CPS
$667M
| $1.27M | ﹤0.01% |
35,000
-4,945
| -12% | -$180K |
|
|
CNR
2321
DELISTED
Cornerstone Building Brands, Inc.
CNR
| $1.27M | ﹤0.01% |
90,500
-13,465
| -13% | -$189K |
|
2322
Kimball Electronics
KE
$741M
| $1.27M | ﹤0.01% |
49,100
-7,217
| -13% | -$186K |
|
2323
Revolve Group
RVLV
$1.59B
| $1.27M | ﹤0.01% |
28,200
-2,581
| -8% | -$116K |
|
|
NWLI
2324
DELISTED
National Western Life Group, Inc. Class A
NWLI
| $1.27M | ﹤0.01% |
5,089
-990
| -16% | -$246K |
|
2325
Legend Biotech
LEGN
$6.11B
| $1.27M | ﹤0.01% |
43,600
-5,164
| -11% | -$150K |
|