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 | |
|---|---|---|---|---|---|---|
|
NEX
2351
DELISTED
NexTier Oilfield Solutions Inc.
NEX
| $1.22M | ﹤0.01% |
329,000
-30,556
| -8% | -$114K |
|
2352
Syndax Pharmaceuticals
SNDX
$1.34B
| $1.22M | ﹤0.01% |
54,600
-5,091
| -9% | -$114K |
|
2353
Thryv Holdings
THRY
$550M
| $1.22M | ﹤0.01% |
52,192
-5,052
| -9% | -$118K |
|
|
ALX
2354
Alexander's
ALX
$1.25B
| $1.22M | ﹤0.01% |
4,400
-401
| -8% | -$111K |
|
2355
Beazer Homes USA
BZH
$781M
| $1.22M | ﹤0.01% |
58,300
-8,862
| -13% | -$185K |
|
|
CMO
2356
DELISTED
Capstead Mortgage Corp.
CMO
| $1.22M | ﹤0.01% |
195,600
-17,389
| -8% | -$108K |
|
|
WTRE
2357
DELISTED
Watford Holdings Ltd. Common Shares
WTRE
| $1.22M | ﹤0.01% |
35,200
-3,318
| -9% | -$115K |
|
|
MSGN
2358
DELISTED
MSG Networks Inc.
MSGN
| $1.21M | ﹤0.01% |
80,700
-8,968
| -10% | -$135K |
|
|
GTS
2359
DELISTED
Triple-S Management Corporation
GTS
| $1.21M | ﹤0.01% |
46,600
-4,229
| -8% | -$110K |
|
2360
Liberty Latin America Class A
LILA
$1.5B
| $1.21M | ﹤0.01% |
93,900
-13,943
| -13% | -$179K |
|
2361
Ranpak Holdings
PACK
$395M
| $1.2M | ﹤0.01% |
59,800
| – | – |
|
2362
Gorman-Rupp
GRC
$1.13B
| $1.2M | ﹤0.01% |
36,200
-3,260
| -8% | -$108K |
|
2363
Sutro Biopharma
STRO
$74.3M
| $1.2M | ﹤0.01% |
52,700
-1,303
| -2% | -$29.6K |
|
2364
A10 Networks
ATEN
$1.26B
| $1.2M | ﹤0.01% |
124,700
-11,636
| -9% | -$112K |
|
2365
SunCoke Energy
SXC
$654M
| $1.2M | ﹤0.01% |
170,900
-24,286
| -12% | -$170K |
|
2366
Fossil Group
FOSL
$168M
| $1.2M | ﹤0.01% |
96,400
-14,092
| -13% | -$175K |
|
2367
Scholastic
SCHL
$691M
| $1.2M | ﹤0.01% |
39,704
-26,844
| -40% | -$808K |
|
2368
American Vanguard Corp
AVD
$160M
| $1.19M | ﹤0.01% |
58,500
-5,266
| -8% | -$107K |
|
|
NPTN
2369
DELISTED
NEOPHOTONICS CORP
NPTN
| $1.19M | ﹤0.01% |
99,800
-15,196
| -13% | -$182K |
|
|
LDL
2370
DELISTED
Lydall, Inc.
LDL
| $1.19M | ﹤0.01% |
35,300
-5,173
| -13% | -$175K |
|
2371
Mercer International
MERC
$206M
| $1.19M | ﹤0.01% |
82,600
-7,564
| -8% | -$109K |
|
|
CELL
2372
DELISTED
PhenomeX Inc. Common Stock
CELL
| $1.19M | ﹤0.01% |
23,644
-2,130
| -8% | -$107K |
|
2373
Carriage Services
CSV
$670M
| $1.19M | ﹤0.01% |
33,700
-3,088
| -8% | -$109K |
|
2374
Personalis
PSNL
$519M
| $1.19M | ﹤0.01% |
48,200
-5,419
| -10% | -$133K |
|
2375
Mitek Systems
MITK
$467M
| $1.19M | ﹤0.01% |
81,300
-10,244
| -11% | -$149K |
|