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 |
Verizon
VZ
|
+$165M |
| 2 |
Oracle
ORCL
|
+$139M |
| 3 |
CME Group
CME
|
+$99.7M |
| 4 |
Gilead Sciences
GILD
|
+$94.9M |
| 5 |
Alphabet (Google) Class C
GOOG
|
+$94.2M |
Top Sells
| 1 |
SPDR S&P 500 ETF Trust
SPY
|
+$334M |
| 2 |
RTX Corp
RTX
|
+$289M |
| 3 |
iShares MSCI EAFE ETF
EFA
|
+$201M |
| 4 |
Alphabet (Google) Class A
GOOGL
|
+$192M |
| 5 |
Humana
HUM
|
+$149M |
Sector Composition
| 1 | Technology | 19.65% |
| 2 | Financials | 13.7% |
| 3 | Healthcare | 13.67% |
| 4 | Consumer Discretionary | 9.89% |
| 5 | Consumer Staples | 9.54% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
ALTA
2501
DELISTED
Altabancorp Common Stock
ALTA
| $415K | ﹤0.01% |
21,449
+1,400
| +7% | +$27.1K |
|
2502
BankFinancial
BFIN
$153M
| $414K | ﹤0.01% |
46,954
-6,419
| -12% | -$56.6K |
|
2503
Forrester Research
FORR
$195M
| $414K | ﹤0.01% |
14,167
+2,500
| +21% | +$73.1K |
|
2504
Global Industrial
GIC
$1.42B
| $414K | ﹤0.01% |
23,323
| – | – |
|
2505
Home Bancorp
HBCP
$433M
| $413K | ﹤0.01% |
16,893
-4,500
| -21% | -$110K |
|
|
RVI
2506
DELISTED
Retail Value Inc. Common Shares
RVI
| $413K | ﹤0.01% |
366,913
-281,849
| -43% | -$317K |
|
|
WTRE
2507
DELISTED
Watford Holdings Ltd. Common Shares
WTRE
| $413K | ﹤0.01% |
28,209
+4,680
| +20% | +$68.5K |
|
|
RUTH
2508
DELISTED
Ruth's Hospitality Group, Inc.
RUTH
| $411K | ﹤0.01% |
61,588
-101,516
| -62% | -$677K |
|
|
PBFX
2509
DELISTED
PBF LOGISTICS LP
PBFX
| $411K | ﹤0.01% |
60,800
+13,700
| +29% | +$92.6K |
|
2510
OneSpaWorld
OSW
$2.24B
| $410K | ﹤0.01% |
100,998
-253,188
| -71% | -$1.03M |
|
2511
Camping World
CWH
$1.04B
| $409K | ﹤0.01% |
71,948
+36,748
| +104% | +$209K |
|
2512
Ceco Environmental
CECO
$1.7B
| $408K | ﹤0.01% |
87,444
-75,825
| -46% | -$354K |
|
2513
SI-BONE Inc
SIBN
$677M
| $407K | ﹤0.01% |
34,100
+7,600
| +29% | +$90.7K |
|
|
TEN
2514
DELISTED
Tenneco Inc. Class A Voting Common Stock
TEN
| $406K | ﹤0.01% |
112,795
+1,700
| +2% | +$6.12K |
|
2515
iHeartMedia
IHRT
$389M
| $405K | ﹤0.01% |
+55,378
| New | +$405K |
|
2516
AMES National
ATLO
$182M
| $404K | ﹤0.01% |
19,739
-4,000
| -17% | -$81.9K |
|
2517
Byline Bancorp
BY
$1.33B
| $404K | ﹤0.01% |
39,004
+9,200
| +31% | +$95.3K |
|
2518
Hooker Furnishings Corp
HOFT
$111M
| $403K | ﹤0.01% |
25,834
-5,600
| -18% | -$87.4K |
|
2519
Geron
GERN
$810M
| $402K | ﹤0.01% |
337,663
| – | – |
|
2520
Daktronics
DAKT
$1.14B
| $400K | ﹤0.01% |
81,119
-31,600
| -28% | -$156K |
|
|
GSKY
2521
DELISTED
GreenSky, Inc. Class A Common Stock
GSKY
| $400K | ﹤0.01% |
104,663
+26,993
| +35% | +$103K |
|
2522
Antero Resources
AR
$10.2B
| $398K | ﹤0.01% |
557,618
-30,300
| -5% | -$21.6K |
|
2523
Gannett
GCI
$620M
| $398K | ﹤0.01% |
268,917
+15,718
| +6% | +$23.3K |
|
|
PHX
2524
DELISTED
PHX Minerals
PHX
| $394K | ﹤0.01% |
106,797
-38,035
| -26% | -$140K |
|
|
PWOD
2525
DELISTED
Penns Woods Bancorp
PWOD
| $394K | ﹤0.01% |
16,204
-3,758
| -19% | -$91.4K |
|