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 | |
|---|---|---|---|---|---|---|
|
FFG
2526
DELISTED
FBL Financial Group
FFG
| $753K | ﹤0.01% |
12,776
+2,722
| +27% | +$160K |
|
2527
National Bankshares
NKSH
$192M
| $752K | ﹤0.01% |
16,738
-1,000
| -6% | -$44.9K |
|
2528
PrimeEnergy Resources
PNRG
$281M
| $752K | ﹤0.01% |
4,971
| – | – |
|
|
TECX
2529
Tectonic Therapeutic, Inc. Common Stock
TECX
$332M
| $752K | ﹤0.01% |
+3,113
| New | +$752K |
|
|
PEI
2530
DELISTED
Pennsylvania Real Estate Investment Trust
PEI
| $751K | ﹤0.01% |
9,396
| – | – |
|
2531
Liberty Energy
LBRT
$1.73B
| $747K | ﹤0.01% |
67,160
+42,700
| +175% | +$475K |
|
2532
CytomX Therapeutics
CTMX
$330M
| $744K | ﹤0.01% |
89,500
+18,100
| +25% | +$150K |
|
|
UMH
2533
UMH Properties
UMH
$1.29B
| $744K | ﹤0.01% |
47,320
+10,308
| +28% | +$162K |
|
|
IGMS
2534
DELISTED
IGM Biosciences
IGMS
| $743K | ﹤0.01% |
+19,477
| New | +$743K |
|
2535
Investors Title Co
ITIC
$481M
| $741K | ﹤0.01% |
4,657
-700
| -13% | -$111K |
|
2536
Precigen
PGEN
$1.13B
| $739K | ﹤0.01% |
134,800
+69,900
| +108% | +$383K |
|
|
LORL
2537
DELISTED
Loral Space and Communications, Inc.
LORL
| $739K | ﹤0.01% |
22,876
+7,000
| +44% | +$226K |
|
2538
Cross Country Healthcare
CCRN
$411M
| $733K | ﹤0.01% |
63,105
+10,000
| +19% | +$116K |
|
|
RST
2539
DELISTED
ROSETTA STONE INC
RST
| $726K | ﹤0.01% |
40,004
+3,800
| +10% | +$69K |
|
2540
First United
FUNC
$239M
| $722K | ﹤0.01% |
29,986
-7,700
| -20% | -$185K |
|
|
WMC
2541
DELISTED
Western Asset Mortgage Capital Corporation
WMC
| $722K | ﹤0.01% |
6,985
+1,651
| +31% | +$171K |
|
2542
MarineMax
HZO
$556M
| $721K | ﹤0.01% |
43,206
+2,900
| +7% | +$48.4K |
|
2543
Artesian Resources
ARTNA
$340M
| $720K | ﹤0.01% |
19,361
| – | – |
|
2544
Stellar Bancorp
STEL
$1.61B
| $720K | ﹤0.01% |
23,140
+14,300
| +162% | +$445K |
|
|
GTT
2545
DELISTED
GTT Communications, Inc.
GTT
| $715K | ﹤0.01% |
63,000
+4,000
| +7% | +$45.4K |
|
2546
Owens & Minor
OMI
$412M
| $713K | ﹤0.01% |
137,822
+21,654
| +19% | +$112K |
|
|
RUBY
2547
DELISTED
Rubius Therapeutics, Inc
RUBY
| $711K | ﹤0.01% |
74,887
+23,887
| +47% | +$227K |
|
|
PWOD
2548
DELISTED
Penns Woods Bancorp
PWOD
| $710K | ﹤0.01% |
19,962
-2,700
| -12% | -$96K |
|
2549
Virgin Galactic
SPCE
$191M
| $709K | ﹤0.01% |
3,068
+2,131
| +227% | +$492K |
|
|
AVID
2550
DELISTED
Avid Technology Inc
AVID
| $709K | ﹤0.01% |
82,656
-8,600
| -9% | -$73.8K |
|