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 | |
|---|---|---|---|---|---|---|
|
LCI
2551
DELISTED
Lannett Company, Inc.
LCI
| $708K | ﹤0.01% |
20,075
-725
| -3% | -$25.6K |
|
|
JCP
2552
DELISTED
J.C. Penney Company, Inc.
JCP
| $708K | ﹤0.01% |
632,310
+53,900
| +9% | +$60.4K |
|
2553
Metallus
MTUS
$697M
| $707K | ﹤0.01% |
89,931
+10,231
| +13% | +$80.4K |
|
|
EXPR
2554
DELISTED
Express, Inc.
EXPR
| $706K | ﹤0.01% |
7,253
+303
| +4% | +$29.5K |
|
2555
Lifecore Biomedical
LFCR
$281M
| $705K | ﹤0.01% |
62,300
-5,100
| -8% | -$57.7K |
|
2556
Aquestive Therapeutics
AQST
$611M
| $704K | ﹤0.01% |
120,900
| – | – |
|
|
DPLO
2557
DELISTED
DIPLOMAT PHARMACY, INC.
DPLO
| $704K | ﹤0.01% |
175,929
+141,391
| +409% | +$566K |
|
2558
Neurogene
NGNE
$271M
| $700K | ﹤0.01% |
2,840
| – | – |
|
2559
BankFinancial
BFIN
$153M
| $698K | ﹤0.01% |
53,373
-10,600
| -17% | -$139K |
|
2560
Park Aerospace
PKE
$372M
| $695K | ﹤0.01% |
42,738
+200
| +0.5% | +$3.25K |
|
|
SMMF
2561
DELISTED
Summit Financial Group, Inc.
SMMF
| $695K | ﹤0.01% |
25,663
+100
| +0.4% | +$2.71K |
|
|
QTNT
2562
DELISTED
Quotient Limited Ordinary Shares
QTNT
| $694K | ﹤0.01% |
1,823
+1,347
| +283% | +$513K |
|
2563
Commercial Vehicle Group
CVGI
$72.9M
| $691K | ﹤0.01% |
108,821
-18,900
| -15% | -$120K |
|
2564
OrthoPediatrics
KIDS
$493M
| $691K | ﹤0.01% |
+14,700
| New | +$691K |
|
|
GSKY
2565
DELISTED
GreenSky, Inc. Class A Common Stock
GSKY
| $691K | ﹤0.01% |
77,670
+42,700
| +122% | +$380K |
|
2566
Clearfield
CLFD
$453M
| $690K | ﹤0.01% |
49,500
-12,900
| -21% | -$180K |
|
|
DESP
2567
DELISTED
Despegar.com
DESP
| $690K | ﹤0.01% |
51,200
+37,400
| +271% | +$504K |
|
2568
Donnelley Financial Solutions
DFIN
$1.5B
| $690K | ﹤0.01% |
65,946
+3,200
| +5% | +$33.5K |
|
2569
Motorcar Parts of America
MPAA
$305M
| $690K | ﹤0.01% |
31,300
+4,300
| +16% | +$94.8K |
|
2570
Carter Bankshares
CARE
$450M
| $688K | ﹤0.01% |
28,990
+18,000
| +164% | +$427K |
|
2571
Daktronics
DAKT
$1.15B
| $686K | ﹤0.01% |
112,719
-14,200
| -11% | -$86.4K |
|
|
JAX
2572
DELISTED
J. Alexander's Holdings, Inc.
JAX
| $686K | ﹤0.01% |
71,773
-22,400
| -24% | -$214K |
|
2573
Afya
AFYA
$1.42B
| $683K | ﹤0.01% |
+25,178
| New | +$683K |
|
2574
LifeVantage
LFVN
$141M
| $683K | ﹤0.01% |
43,742
-7,300
| -14% | -$114K |
|
2575
Repay Holdings
RPAY
$507M
| $683K | ﹤0.01% |
46,601
+32,600
| +233% | +$478K |
|