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 |
ATVI
Activision Blizzard Inc.
ATVI
|
+$217M |
| 2 |
T-Mobile US
TMUS
|
+$208M |
| 3 |
Electronic Arts
EA
|
+$208M |
| 4 |
Amazon
AMZN
|
+$205M |
| 5 |
Microsoft
MSFT
|
+$193M |
Top Sells
| 1 |
Realty Income
O
|
+$110M |
| 2 |
Healthpeak Properties
DOC
|
+$86.3M |
| 3 |
Hartford Financial Services
HIG
|
+$63.5M |
| 4 |
Annaly Capital Management
NLY
|
+$62.7M |
| 5 |
W.P. Carey
WPC
|
+$51.3M |
Sector Composition
| 1 | Technology | 21.87% |
| 2 | Healthcare | 14.17% |
| 3 | Financials | 12.05% |
| 4 | Consumer Discretionary | 11.93% |
| 5 | Communication Services | 8.99% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
BNFT
2551
DELISTED
Benefitfocus, Inc.
BNFT
| $678K | ﹤0.01% |
60,500
+1,800
| +3% | +$20.2K |
|
2552
American Superconductor
AMSC
$2.54B
| $676K | ﹤0.01% |
46,700
+2,200
| +5% | +$31.8K |
|
|
LDL
2553
DELISTED
Lydall, Inc.
LDL
| $675K | ﹤0.01% |
40,840
+2,050
| +5% | +$33.9K |
|
2554
Flushing Financial
FFIC
$476M
| $673K | ﹤0.01% |
63,997
+4,402
| +7% | +$46.3K |
|
2555
Manitowoc
MTW
$362M
| $673K | ﹤0.01% |
80,000
+4,837
| +6% | +$40.7K |
|
2556
Nature's Sunshine
NATR
$299M
| $672K | ﹤0.01% |
58,080
| – | – |
|
2557
Tejon Ranch
TRC
$448M
| $672K | ﹤0.01% |
47,478
+1,300
| +3% | +$18.4K |
|
2558
Gladstone Investment Corp
GAIN
$544M
| $671K | ﹤0.01% |
73,700
-600
| -0.8% | -$5.46K |
|
2559
KALA BIO
KALA
$131M
| $670K | ﹤0.01% |
1,787
+146
| +9% | +$54.7K |
|
2560
El Pollo Loco
LOCO
$304M
| $670K | ﹤0.01% |
41,384
+1,800
| +5% | +$29.1K |
|
2561
Midland States Bancorp
MSBI
$385M
| $669K | ﹤0.01% |
52,055
+1,999
| +4% | +$25.7K |
|
2562
CoreCard
CCRD
$211M
| $668K | ﹤0.01% |
17,134
+1,372
| +9% | +$53.5K |
|
2563
Star Bulk Carriers
SBLK
$2.2B
| $667K | ﹤0.01% |
96,800
+2,900
| +3% | +$20K |
|
2564
Dillards
DDS
$8.97B
| $666K | ﹤0.01% |
18,244
+1,106
| +6% | +$40.4K |
|
2565
Future Fuel
FF
$169M
| $666K | ﹤0.01% |
58,534
-231
| -0.4% | -$2.63K |
|
|
AMAG
2566
DELISTED
AMAG Pharmaceuticals, Inc.
AMAG
| $666K | ﹤0.01% |
70,872
+2,500
| +4% | +$23.5K |
|
2567
Motorcar Parts of America
MPAA
$305M
| $663K | ﹤0.01% |
42,617
+4,617
| +12% | +$71.8K |
|
|
LAND
2568
Gladstone Land Corp
LAND
$321M
| $662K | ﹤0.01% |
44,073
+2,200
| +5% | +$33K |
|
|
AZRE
2569
DELISTED
Azure Power Global Limited
AZRE
| $661K | ﹤0.01% |
+22,177
| New | +$661K |
|
|
DSPG
2570
DELISTED
DSP Group Inc
DSPG
| $661K | ﹤0.01% |
50,129
+1,800
| +4% | +$23.7K |
|
|
AVDL
2571
Avadel Pharmaceuticals
AVDL
$1.5B
| $660K | ﹤0.01% |
131,025
+8
| +0% | +$40 |
|
2572
Stellar Bancorp
STEL
$1.61B
| $658K | ﹤0.01% |
40,240
+1,100
| +3% | +$18K |
|
2573
Dime Community Bancshares
DCOM
$1.35B
| $657K | ﹤0.01% |
37,714
+900
| +2% | +$15.7K |
|
2574
Business First Bancshares
BFST
$723M
| $656K | ﹤0.01% |
43,747
+16,843
| +63% | +$253K |
|
2575
Peapack-Gladstone Financial
PGC
$517M
| $656K | ﹤0.01% |
43,322
+2,830
| +7% | +$42.9K |
|