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 |
Gilead Sciences
GILD
|
+$475M |
| 2 |
Vertex Pharmaceuticals
VRTX
|
+$463M |
| 3 |
Regeneron Pharmaceuticals
REGN
|
+$408M |
| 4 |
Adobe
ADBE
|
+$333M |
| 5 |
T-Mobile US
TMUS
|
+$205M |
Top Sells
| 1 |
Apple
AAPL
|
+$372M |
| 2 |
Alphabet (Google) Class A
GOOGL
|
+$146M |
| 3 |
Sysco
SYY
|
+$144M |
| 4 |
AGN
Allergan plc
AGN
|
+$134M |
| 5 |
Welltower
WELL
|
+$124M |
Sector Composition
| 1 | Technology | 20.98% |
| 2 | Healthcare | 14.54% |
| 3 | Financials | 12.83% |
| 4 | Consumer Discretionary | 10.65% |
| 5 | Consumer Staples | 8.81% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
2551
Star Bulk Carriers
SBLK
$2.21B
| $620K | ﹤0.01% |
93,900
-13,281
| -12% | -$87.7K |
|
2552
Aprea Therapeutics
APRE
$9.15M
| $619K | ﹤0.01% |
+798
| New | +$619K |
|
2553
Capital City Bank Group
CCBG
$736M
| $618K | ﹤0.01% |
29,503
-330
| -1% | -$6.91K |
|
2554
Haverty Furniture Companies
HVT
$381M
| $618K | ﹤0.01% |
38,610
-1,707
| -4% | -$27.3K |
|
2555
West Bancorporation
WTBA
$343M
| $618K | ﹤0.01% |
35,358
-200
| -0.6% | -$3.5K |
|
|
CNXM
2556
DELISTED
CNX Midstream Partners LP
CNXM
| $617K | ﹤0.01% |
92,819
+48,960
| +112% | +$325K |
|
2557
Akero Therapeutics
AKRO
$3.54B
| $616K | ﹤0.01% |
+24,717
| New | +$616K |
|
2558
Citizens & Northern Corp
CZNC
$314M
| $614K | ﹤0.01% |
29,728
+3,111
| +12% | +$64.3K |
|
|
OLP
2559
One Liberty Properties
OLP
$494M
| $614K | ﹤0.01% |
34,842
+300
| +0.9% | +$5.29K |
|
|
PARAA
2560
DELISTED
Paramount Global Class A
PARAA
| $614K | ﹤0.01% |
23,988
+7,508
| +46% | +$192K |
|
2561
Ethan Allen Interiors
ETD
$744M
| $613K | ﹤0.01% |
51,787
-300
| -0.6% | -$3.55K |
|
2562
Barings BDC
BBDC
$987M
| $612K | ﹤0.01% |
77,100
+10,700
| +16% | +$84.9K |
|
2563
VSE Corp
VSEC
$3.43B
| $612K | ﹤0.01% |
19,512
-1,397
| -7% | -$43.8K |
|
2564
Kimbell Royalty Partners
KRP
$1.28B
| $611K | ﹤0.01% |
71,023
+59,707
| +528% | +$514K |
|
2565
Dorian LPG
LPG
$1.35B
| $611K | ﹤0.01% |
78,938
+15,046
| +24% | +$116K |
|
|
SLCA
2566
DELISTED
U.S. SILICA HOLDINGS, INC.
SLCA
| $608K | ﹤0.01% |
168,555
-627
| -0.4% | -$2.26K |
|
|
EIGI
2567
DELISTED
Endurance International Group Holdings, Inc.
EIGI
| $607K | ﹤0.01% |
150,711
-9,915
| -6% | -$39.9K |
|
2568
Orion Group Holdings
ORN
$300M
| $606K | ﹤0.01% |
192,944
| – | – |
|
|
BCLI
2569
DELISTED
BRAINSTORM CELL THERAPUTC
BCLI
| $605K | ﹤0.01% |
+3,600
| New | +$605K |
|
2570
Modine Manufacturing
MOD
$7.84B
| $604K | ﹤0.01% |
109,398
-800
| -0.7% | -$4.42K |
|
2571
Napco Security Technologies
NSSC
$1.47B
| $600K | ﹤0.01% |
51,342
-21,032
| -29% | -$246K |
|
2572
TrueCar
TRUE
$218M
| $600K | ﹤0.01% |
232,700
-2,679
| -1% | -$6.91K |
|
2573
Five Point Holdings
FPH
$417M
| $598K | ﹤0.01% |
129,977
+28,400
| +28% | +$131K |
|
2574
Nabors Industries
NBR
$623M
| $597K | ﹤0.01% |
16,137
+112
| +0.7% | +$4.14K |
|
2575
Clarus
CLAR
$149M
| $596K | ﹤0.01% |
51,560
+25,704
| +99% | +$297K |
|