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 | |
|---|---|---|---|---|---|---|
2526
Investors Title Co
ITIC
$481M
| $391K | ﹤0.01% |
3,057
-1,600
| -34% | -$205K |
|
2527
Utz Brands
UTZ
$1.12B
| $390K | ﹤0.01% |
38,099
-8,109
| -18% | -$83K |
|
2528
Bank First Corp
BFC
$1.26B
| $389K | ﹤0.01% |
6,944
+200
| +3% | +$11.2K |
|
|
SOGO
2529
DELISTED
Sogou Inc. American Depositary Shares, each representing one Class A Ordinary Share
SOGO
| $387K | ﹤0.01% |
115,068
+2,119
| +2% | +$7.13K |
|
2530
Central Garden & Pet
CENT
$2.24B
| $386K | ﹤0.01% |
17,528
+2,625
| +18% | +$57.8K |
|
2531
Geospace Technologies
GEOS
$209M
| $386K | ﹤0.01% |
60,238
-23,662
| -28% | -$152K |
|
|
BREW
2532
DELISTED
Craft Brew Alliance, Inc.
BREW
| $384K | ﹤0.01% |
25,797
-10,093
| -28% | -$150K |
|
2533
Hess Midstream
HESM
$5.15B
| $383K | ﹤0.01% |
37,722
-20,686
| -35% | -$210K |
|
2534
Cooper-Standard Automotive
CPS
$667M
| $382K | ﹤0.01% |
37,174
+433
| +1% | +$4.45K |
|
2535
Village Super Market
VLGEA
$580M
| $382K | ﹤0.01% |
15,546
-5,343
| -26% | -$131K |
|
|
FBM
2536
DELISTED
Foundation Building Materials, Inc. Common Stock
FBM
| $382K | ﹤0.01% |
37,078
+14,414
| +64% | +$149K |
|
|
CBMG
2537
DELISTED
Cellular Biomedicine Group, Inc.
CBMG
| $380K | ﹤0.01% |
24,000
| – | – |
|
|
CNBKA
2538
DELISTED
Century Bancorp Inc/Mass
CNBKA
| $380K | ﹤0.01% |
6,099
-12,513
| -67% | -$780K |
|
2539
Bally's
BALY
$487M
| $378K | ﹤0.01% |
29,061
+3,263
| +13% | +$42.4K |
|
2540
Neurogene
NGNE
$271M
| $377K | ﹤0.01% |
1,655
-1,185
| -42% | -$270K |
|
2541
Tejon Ranch
TRC
$448M
| $376K | ﹤0.01% |
+26,778
| New | +$376K |
|
2542
Transcat
TRNS
$697M
| $376K | ﹤0.01% |
14,204
-3,700
| -21% | -$97.9K |
|
|
BCOV
2543
DELISTED
Brightcove, Inc.
BCOV
| $375K | ﹤0.01% |
53,812
+4,900
| +10% | +$34.1K |
|
2544
RGC Resources
RGCO
$225M
| $373K | ﹤0.01% |
12,900
| – | – |
|
2545
Allient
ALNT
$779M
| $372K | ﹤0.01% |
23,561
-10,200
| -30% | -$161K |
|
2546
Arlo Technologies
ARLO
$1.82B
| $372K | ﹤0.01% |
153,117
-65,900
| -30% | -$160K |
|
2547
Century Aluminum
CENX
$2.44B
| $371K | ﹤0.01% |
102,400
+12,200
| +14% | +$44.2K |
|
2548
Daily Journal
DJCO
$562M
| $371K | ﹤0.01% |
1,626
+100
| +7% | +$22.8K |
|
2549
Peoples Financial Services
PFIS
$525M
| $371K | ﹤0.01% |
9,328
+100
| +1% | +$3.98K |
|
2550
UNIFI
UFI
$82.8M
| $370K | ﹤0.01% |
32,074
-7,800
| -20% | -$90K |
|