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 |
Verizon
VZ
|
+$165M |
| 2 |
Oracle
ORCL
|
+$139M |
| 3 |
CME Group
CME
|
+$99.7M |
| 4 |
Gilead Sciences
GILD
|
+$94.9M |
| 5 |
Alphabet (Google) Class C
GOOG
|
+$94.2M |
Top Sells
| 1 |
SPDR S&P 500 ETF Trust
SPY
|
+$334M |
| 2 |
RTX Corp
RTX
|
+$289M |
| 3 |
iShares MSCI EAFE ETF
EFA
|
+$201M |
| 4 |
Alphabet (Google) Class A
GOOGL
|
+$192M |
| 5 |
Humana
HUM
|
+$149M |
Sector Composition
| 1 | Technology | 19.65% |
| 2 | Financials | 13.7% |
| 3 | Healthcare | 13.67% |
| 4 | Consumer Discretionary | 9.89% |
| 5 | Consumer Staples | 9.54% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
2601
Innovative Solutions & Support
ISSC
$197M
| $339K | ﹤0.01% |
106,351
-1,683
| -2% | -$5.37K |
|
2602
Limoneira
LMNR
$276M
| $339K | ﹤0.01% |
25,900
| – | – |
|
2603
Paysign
PAYS
$301M
| $339K | ﹤0.01% |
65,781
-72,200
| -52% | -$372K |
|
|
SVBI
2604
DELISTED
Severn Bancorp Inc/MD
SVBI
| $335K | ﹤0.01% |
52,116
-234
| -0.4% | -$1.5K |
|
|
CNR
2605
DELISTED
Cornerstone Building Brands, Inc.
CNR
| $332K | ﹤0.01% |
72,732
+14,245
| +24% | +$65K |
|
|
EFC
2606
Ellington Financial
EFC
$1.34B
| $331K | ﹤0.01% |
57,983
+33,436
| +136% | +$191K |
|
2607
Stoke Therapeutics
STOK
$1.29B
| $331K | ﹤0.01% |
14,470
| – | – |
|
2608
United States Lime & Minerals
USLM
$3.63B
| $330K | ﹤0.01% |
22,355
| – | – |
|
|
GV
2609
DELISTED
Goldfield Corporation
GV
| $330K | ﹤0.01% |
116,046
-1,969
| -2% | -$5.6K |
|
2610
Ascent Industries
ACNT
$119M
| $329K | ﹤0.01% |
37,687
-9,770
| -21% | -$85.3K |
|
2611
MediWound
MDWD
$194M
| $329K | ﹤0.01% |
29,943
-271
| -0.9% | -$2.98K |
|
|
ECOM
2612
DELISTED
CHANNELADVISOR CORPORATION
ECOM
| $329K | ﹤0.01% |
45,332
| – | – |
|
|
GLOG
2613
DELISTED
GASLOG LTD
GLOG
| $326K | ﹤0.01% |
90,012
+3,051
| +4% | +$11.1K |
|
2614
Digimarc
DMRC
$204M
| $324K | ﹤0.01% |
24,853
+5,140
| +26% | +$67K |
|
2615
MannKind Corp
MNKD
$1.71B
| $324K | ﹤0.01% |
314,960
| – | – |
|
|
ORC
2616
Orchid Island Capital
ORC
$1.04B
| $323K | ﹤0.01% |
21,928
+7,820
| +55% | +$115K |
|
2617
Metropolitan Bank Holding Corp
MCB
$807M
| $319K | ﹤0.01% |
11,840
+1,402
| +13% | +$37.8K |
|
2618
Saga Communications
SGA
$77.3M
| $319K | ﹤0.01% |
11,587
-1,113
| -9% | -$30.6K |
|
2619
Future Fuel
FF
$169M
| $318K | ﹤0.01% |
28,234
| – | – |
|
2620
Liberty Energy
LBRT
$1.73B
| $318K | ﹤0.01% |
118,360
+51,200
| +76% | +$138K |
|
2621
TriplePoint Venture Growth BDC
TPVG
$267M
| $318K | ﹤0.01% |
55,442
+22,400
| +68% | +$128K |
|
|
QTNT
2622
DELISTED
Quotient Limited Ordinary Shares
QTNT
| $318K | ﹤0.01% |
2,013
+190
| +10% | +$30K |
|
2623
KVH Industries
KVHI
$119M
| $316K | ﹤0.01% |
33,500
-3,800
| -10% | -$35.8K |
|
2624
Accuray
ARAY
$177M
| $315K | ﹤0.01% |
165,931
| – | – |
|
2625
EverQuote
EVER
$896M
| $314K | ﹤0.01% |
11,947
| – | – |
|