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 |
SPDR S&P 500 ETF Trust
SPY
|
+$334M |
| 2 |
Alibaba
BABA
|
+$274M |
| 3 |
Verizon
VZ
|
+$224M |
| 4 |
iShares MSCI EAFE ETF
EFA
|
+$201M |
| 5 |
Amazon
AMZN
|
+$156M |
Top Sells
| 1 |
UnitedHealth
UNH
|
+$185M |
| 2 |
CELG
Celgene Corp
CELG
|
+$168M |
| 3 |
Procter & Gamble
PG
|
+$121M |
| 4 |
Honeywell
HON
|
+$109M |
| 5 |
Progressive
PGR
|
+$102M |
Sector Composition
| 1 | Technology | 17.56% |
| 2 | Financials | 15.02% |
| 3 | Healthcare | 12.83% |
| 4 | Consumer Discretionary | 9.96% |
| 5 | Consumer Staples | 8.54% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
2501
Citizens & Northern Corp
CZNC
$311M
| $797K | ﹤0.01% |
28,217
-200
| -0.7% | -$5.65K |
|
|
CTT
2502
DELISTED
CATCHMARK TIMBER TRUST, INC.
CTT
| $795K | ﹤0.01% |
69,300
+16,440
| +31% | +$189K |
|
|
QTT
2503
DELISTED
Qutoutiao Inc. American Depositary Shares
QTT
| $791K | ﹤0.01% |
23,200
+51
| +0.2% | +$1.74K |
|
2504
China Yuchai International
CYD
$1.46B
| $790K | ﹤0.01% |
59,236
-47,273
| -44% | -$630K |
|
2505
Assembly Biosciences
ASMB
$173M
| $789K | ﹤0.01% |
3,212
+2,234
| +228% | +$549K |
|
2506
WideOpenWest
WOW
$442M
| $788K | ﹤0.01% |
106,136
-24,800
| -19% | -$184K |
|
|
STFC
2507
DELISTED
State Auto Financial Corp
STFC
| $785K | ﹤0.01% |
25,299
+11,096
| +78% | +$344K |
|
2508
NN Inc
NNBR
$117M
| $784K | ﹤0.01% |
84,800
+2,400
| +3% | +$22.2K |
|
|
AXNX
2509
DELISTED
Axonics, Inc. Common Stock
AXNX
| $783K | ﹤0.01% |
28,256
+20,800
| +279% | +$576K |
|
2510
Hyster-Yale Materials Handling
HY
$634M
| $782K | ﹤0.01% |
13,270
+7,900
| +147% | +$466K |
|
2511
TechTarget
TTGT
$427M
| $781K | ﹤0.01% |
29,930
+14,712
| +97% | +$384K |
|
|
FRTA
2512
DELISTED
Forterra, Inc
FRTA
| $778K | ﹤0.01% |
67,336
-12,200
| -15% | -$141K |
|
|
ARA
2513
DELISTED
American Renal Associates Holdings, Inc
ARA
| $778K | ﹤0.01% |
75,066
-16,200
| -18% | -$168K |
|
|
HIMX
2514
Himax Technologies
HIMX
$1.44B
| $774K | ﹤0.01% |
290,900
-19,100
| -6% | -$50.8K |
|
|
MTLS
2515
Materialise
MTLS
$302M
| $773K | ﹤0.01% |
42,238
-2,700
| -6% | -$49.4K |
|
2516
Berry Corp
BRY
$257M
| $772K | ﹤0.01% |
81,912
+51,690
| +171% | +$487K |
|
2517
Xenon Pharmaceuticals
XENE
$2.79B
| $768K | ﹤0.01% |
58,555
-3,700
| -6% | -$48.5K |
|
2518
Insteel Industries
IIIN
$749M
| $767K | ﹤0.01% |
35,704
+7,204
| +25% | +$155K |
|
2519
Catalyst Pharmaceutical
CPRX
$2.44B
| $765K | ﹤0.01% |
204,129
+67,876
| +50% | +$254K |
|
2520
Oil-Dri
ODC
$959M
| $765K | ﹤0.01% |
42,200
-10,200
| -19% | -$185K |
|
2521
NWPX Infrastructure, Inc. Common Stock
NWPX
$495M
| $761K | ﹤0.01% |
22,833
+1,533
| +7% | +$51.1K |
|
2522
Surgery Partners
SGRY
$2.8B
| $761K | ﹤0.01% |
48,610
+19,500
| +67% | +$305K |
|
2523
Southern Missouri Bancorp
SMBC
$628M
| $757K | ﹤0.01% |
19,746
-700
| -3% | -$26.8K |
|
|
TLND
2524
DELISTED
Talend S.A. American Depositary Shares
TLND
| $755K | ﹤0.01% |
+19,300
| New | +$755K |
|
|
PFBI
2525
DELISTED
Premier Financial Bancorp
PFBI
| $753K | ﹤0.01% |
41,520
-3,110
| -7% | -$56.4K |
|