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 | |
|---|---|---|---|---|---|---|
2601
Cibus
CBUS
$71.5M
| $650K | ﹤0.01% |
1,854
-34
| -2% | -$11.9K |
|
2602
PennantPark Floating Rate Capital
PFLT
$1.01B
| $645K | ﹤0.01% |
52,993
+33,958
| +178% | +$413K |
|
2603
Graham Corp
GHM
$539M
| $643K | ﹤0.01% |
29,400
-4,500
| -13% | -$98.4K |
|
|
QD
2604
Qudian
QD
$702M
| $643K | ﹤0.01% |
136,520
+8,811
| +7% | +$41.5K |
|
2605
Expro
XPRO
$1.43B
| $643K | ﹤0.01% |
20,717
+13,467
| +186% | +$418K |
|
2606
Ardelyx
ARDX
$1.59B
| $639K | ﹤0.01% |
+85,089
| New | +$639K |
|
2607
Nathan's Famous
NATH
$443M
| $638K | ﹤0.01% |
8,997
-1,000
| -10% | -$70.9K |
|
|
MOBL
2608
DELISTED
MobileIron, Inc.
MOBL
| $637K | ﹤0.01% |
131,082
+71,400
| +120% | +$347K |
|
|
MNK
2609
DELISTED
MALLINCKRODT PUBLIC LIMITED COMPANY
MNK
| $636K | ﹤0.01% |
182,200
+42,300
| +30% | +$148K |
|
|
SG
2610
DELISTED
Sirius International Insurance Group, Ltd. Common Share
SG
| $633K | ﹤0.01% |
+72,289
| New | +$633K |
|
2611
Calix
CALX
$4.02B
| $632K | ﹤0.01% |
79,000
+1,556
| +2% | +$12.4K |
|
2612
Innovative Solutions & Support
ISSC
$198M
| $631K | ﹤0.01% |
108,034
| – | – |
|
|
DSSI
2613
DELISTED
Diamond S Shipping Inc. Common Shares
DSSI
| $631K | ﹤0.01% |
37,687
+7,000
| +23% | +$117K |
|
2614
MeiraGTx Holdings
MGTX
$609M
| $630K | ﹤0.01% |
+31,493
| New | +$630K |
|
2615
Arcus Biosciences
RCUS
$1.23B
| $629K | ﹤0.01% |
62,271
+42,571
| +216% | +$430K |
|
|
AVDL
2616
Avadel Pharmaceuticals
AVDL
$1.5B
| $628K | ﹤0.01% |
83,200
-1,300
| -2% | -$9.81K |
|
2617
Goosehead Insurance
GSHD
$2.05B
| $628K | ﹤0.01% |
14,804
+9,226
| +165% | +$391K |
|
|
PLYA
2618
DELISTED
Playa Hotels & Resorts
PLYA
| $627K | ﹤0.01% |
74,698
+46,400
| +164% | +$389K |
|
|
TESS
2619
DELISTED
Tessco Technologies Inc
TESS
| $627K | ﹤0.01% |
55,875
| – | – |
|
2620
i3 Verticals
IIIV
$724M
| $625K | ﹤0.01% |
22,138
+8,638
| +64% | +$244K |
|
2621
Energy Recovery
ERII
$763M
| $624K | ﹤0.01% |
63,727
+11,100
| +21% | +$109K |
|
2622
Southern First Bancshares
SFST
$367M
| $624K | ﹤0.01% |
14,676
+700
| +5% | +$29.8K |
|
|
RBNC
2623
DELISTED
Reliant Bancorp, Inc. Common Stock
RBNC
| $624K | ﹤0.01% |
28,055
-145
| -0.5% | -$3.23K |
|
|
FINV
2624
FinVolution Group
FINV
$1.9B
| $623K | ﹤0.01% |
235,022
+14,899
| +7% | +$39.5K |
|
2625
Fuel Tech
FTEK
$113M
| $623K | ﹤0.01% |
668,420
| – | – |
|