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 | |
|---|---|---|---|---|---|---|
2601
Daily Journal
DJCO
$562M
| $635K | ﹤0.01% |
2,626
+100
| +4% | +$24.2K |
|
2602
Mercer International
MERC
$206M
| $634K | ﹤0.01% |
96,082
+3,716
| +4% | +$24.5K |
|
2603
Hackett Group
HCKT
$575M
| $632K | ﹤0.01% |
56,524
+1,400
| +3% | +$15.7K |
|
2604
Kimball Electronics
KE
$741M
| $632K | ﹤0.01% |
54,635
+1,400
| +3% | +$16.2K |
|
2605
Merus
MRUS
$5.26B
| $632K | ﹤0.01% |
52,700
-3,395
| -6% | -$40.7K |
|
2606
Independent Bank Corp
IBCP
$657M
| $630K | ﹤0.01% |
50,130
+3,249
| +7% | +$40.8K |
|
|
AFIB
2607
DELISTED
Acutus Medical, Inc. Common Stock
AFIB
| $630K | ﹤0.01% |
+21,149
| New | +$630K |
|
2608
Artesian Resources
ARTNA
$340M
| $629K | ﹤0.01% |
18,261
+500
| +3% | +$17.2K |
|
2609
Voyager Therapeutics
VYGR
$232M
| $628K | ﹤0.01% |
58,824
+1,500
| +3% | +$16K |
|
2610
XBiotech
XBIT
$83.8M
| $628K | ﹤0.01% |
32,916
+1,300
| +4% | +$24.8K |
|
2611
Alphatec Holdings
ATEC
$2.26B
| $625K | ﹤0.01% |
94,200
-3,498
| -4% | -$23.2K |
|
2612
Citizens
CIA
$274M
| $624K | ﹤0.01% |
112,718
+3,200
| +3% | +$17.7K |
|
2613
MidWestOne Financial Group
MOFG
$604M
| $624K | ﹤0.01% |
34,893
+2,389
| +7% | +$42.7K |
|
|
GSKY
2614
DELISTED
GreenSky, Inc. Class A Common Stock
GSKY
| $623K | ﹤0.01% |
140,370
+3,800
| +3% | +$16.9K |
|
2615
Republic Bancorp
RBCAA
$1.48B
| $622K | ﹤0.01% |
22,092
+600
| +3% | +$16.9K |
|
2616
Alpha and Omega Semiconductor
AOSL
$853M
| $621K | ﹤0.01% |
48,475
+1,800
| +4% | +$23.1K |
|
|
ID
2617
DELISTED
PARTS iD, Inc.
ID
| $621K | ﹤0.01% |
59,900
| – | – |
|
|
AFMD
2618
DELISTED
Affimed
AFMD
| $620K | ﹤0.01% |
18,286
+2,040
| +13% | +$69.2K |
|
2619
Napco Security Technologies
NSSC
$1.5B
| $620K | ﹤0.01% |
52,742
+1,400
| +3% | +$16.5K |
|
|
OLP
2620
One Liberty Properties
OLP
$494M
| $620K | ﹤0.01% |
37,891
+3,049
| +9% | +$49.9K |
|
2621
Occidental Petroleum Corporation Warrants to Purchase Common Stock
OXY.WS
$22.5B
| $620K | ﹤0.01% |
+206,775
| New | +$620K |
|
2622
VSE Corp
VSEC
$3.4B
| $619K | ﹤0.01% |
20,212
+700
| +4% | +$21.4K |
|
2623
Garrett Motion
GTX
$2.64B
| $618K | ﹤0.01% |
179,192
+6,677
| +4% | +$23K |
|
2624
Ituran Location and Control
ITRN
$696M
| $618K | ﹤0.01% |
44,423
+1,200
| +3% | +$16.7K |
|
2625
Keros Therapeutics
KROS
$636M
| $618K | ﹤0.01% |
16,019
+600
| +4% | +$23.1K |
|