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 |
Walmart
WMT
|
+$250M |
| 2 |
Target
TGT
|
+$142M |
| 3 |
Abbott
ABT
|
+$113M |
| 4 |
Verizon
VZ
|
+$87.4M |
| 5 |
NetEase
NTES
|
+$77.2M |
Top Sells
| 1 |
Alibaba
BABA
|
+$930M |
| 2 |
Apple
AAPL
|
+$258M |
| 3 |
Ross Stores
ROST
|
+$168M |
| 4 |
TIF
Tiffany & Co.
TIF
|
+$117M |
| 5 |
NVR
NVR
|
+$96.3M |
Sector Composition
| 1 | Technology | 21.88% |
| 2 | Healthcare | 14.24% |
| 3 | Financials | 13.06% |
| 4 | Consumer Discretionary | 11.15% |
| 5 | Communication Services | 9.49% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
ICAD
2576
DELISTED
iCAD Inc
ICAD
| $887K | ﹤0.01% |
41,800
| – | – |
|
2577
Passage Bio
PASG
$22.2M
| $887K | ﹤0.01% |
2,537
-234
| -8% | -$81.8K |
|
2578
Business First Bancshares
BFST
$729M
| $885K | ﹤0.01% |
37,003
-5,944
| -14% | -$142K |
|
2579
Republic Bancorp
RBCAA
$1.49B
| $881K | ﹤0.01% |
19,900
-1,792
| -8% | -$79.3K |
|
2580
Bar Harbor Bankshares
BHB
$531M
| $879K | ﹤0.01% |
29,873
-5,978
| -17% | -$176K |
|
2581
Five Point Holdings
FPH
$418M
| $879K | ﹤0.01% |
116,287
-15,390
| -12% | -$116K |
|
|
GAN
2582
DELISTED
GAN Ltd
GAN
| $878K | ﹤0.01% |
48,264
-4,528
| -9% | -$82.4K |
|
2583
Alerus Financial
ALRS
$574M
| $877K | ﹤0.01% |
29,456
-2,845
| -9% | -$84.7K |
|
2584
Hooker Furnishings Corp
HOFT
$115M
| $875K | ﹤0.01% |
24,000
-3,612
| -13% | -$132K |
|
|
GNOG
2585
DELISTED
Golden Nugget Online Gaming, Inc. Class A Common Stock
GNOG
| $873K | ﹤0.01% |
64,700
| – | – |
|
2586
Greif Class B
GEF.B
$2.42B
| $872K | ﹤0.01% |
15,234
-2,283
| -13% | -$131K |
|
2587
Willdan Group
WLDN
$1.55B
| $870K | ﹤0.01% |
21,200
-1,906
| -8% | -$78.2K |
|
2588
Arrow Financial
AROW
$479M
| $868K | ﹤0.01% |
28,473
-4,451
| -14% | -$136K |
|
|
ACRE
2589
Ares Commercial Real Estate
ACRE
$267M
| $867K | ﹤0.01% |
63,200
-6,157
| -9% | -$84.5K |
|
2590
American Superconductor
AMSC
$2.47B
| $866K | ﹤0.01% |
45,700
-6,628
| -13% | -$126K |
|
2591
Hovnanian Enterprises
HOV
$869M
| $864K | ﹤0.01% |
8,171
| – | – |
|
2592
IES Holdings
IESC
$7.48B
| $862K | ﹤0.01% |
17,100
-1,508
| -8% | -$76K |
|
2593
Motorcar Parts of America
MPAA
$284M
| $862K | ﹤0.01% |
38,300
-3,517
| -8% | -$79.2K |
|
2594
Astronics
ATRO
$1.43B
| $861K | ﹤0.01% |
47,700
-7,407
| -13% | -$134K |
|
2595
Golden Entertainment
GDEN
$634M
| $861K | ﹤0.01% |
34,100
-3,129
| -8% | -$79K |
|
2596
Amerant Bancorp
AMTB
$880M
| $860K | ﹤0.01% |
46,300
-4,403
| -9% | -$81.8K |
|
|
EGIO
2597
DELISTED
Edgio, Inc. Common Stock
EGIO
| $860K | ﹤0.01% |
6,023
-566
| -9% | -$80.8K |
|
2598
Verastem
VSTM
$575M
| $857K | ﹤0.01% |
28,908
| – | – |
|
|
DX
2599
Dynex Capital
DX
$1.63B
| $856K | ﹤0.01% |
45,200
-6,661
| -13% | -$126K |
|
2600
Farmers National Banc Corp
FMNB
$570M
| $854K | ﹤0.01% |
51,137
-6,698
| -12% | -$112K |
|