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 | |
|---|---|---|---|---|---|---|
2626
Quanterix
QTRX
$224M
| $623K | ﹤0.01% |
26,363
+10,400
| +65% | +$246K |
|
2627
Luxfer Holdings
LXFR
$356M
| $621K | ﹤0.01% |
33,524
+20,700
| +161% | +$383K |
|
2628
Oppenheimer Holdings
OPY
$806M
| $621K | ﹤0.01% |
22,614
-100
| -0.4% | -$2.75K |
|
2629
XBiotech
XBIT
$83.8M
| $620K | ﹤0.01% |
+33,222
| New | +$620K |
|
|
ACBI
2630
DELISTED
Atlantic Capital Bancshares, Inc. Common Stock
ACBI
| $620K | ﹤0.01% |
33,792
+8,371
| +33% | +$154K |
|
2631
Teekay
TK
$722M
| $619K | ﹤0.01% |
116,302
+22,800
| +24% | +$121K |
|
2632
Live Oak Bancshares
LOB
$1.67B
| $618K | ﹤0.01% |
32,506
+20,200
| +164% | +$384K |
|
|
ENBL
2633
DELISTED
ENABLE MIDSTREAM PARTNERS, LP
ENBL
| $618K | ﹤0.01% |
61,600
+5,413
| +10% | +$54.3K |
|
2634
Golden Entertainment
GDEN
$638M
| $617K | ﹤0.01% |
32,107
+3,800
| +13% | +$73K |
|
2635
RCI Hospitality Holdings
RICK
$304M
| $617K | ﹤0.01% |
30,100
-5,400
| -15% | -$111K |
|
2636
Universal Technical Institute
UTI
$1.48B
| $617K | ﹤0.01% |
80,000
| – | – |
|
|
ANH
2637
DELISTED
Anworth Mortgage Asset Corporation
ANH
| $615K | ﹤0.01% |
174,852
| – | – |
|
2638
Ascent Industries
ACNT
$119M
| $613K | ﹤0.01% |
47,457
| – | – |
|
2639
Covenant Logistics
CVLG
$576M
| $613K | ﹤0.01% |
94,886
+60,640
| +177% | +$392K |
|
2640
Voyager Therapeutics
VYGR
$232M
| $613K | ﹤0.01% |
43,918
+32,190
| +274% | +$449K |
|
|
BHR
2641
Braemar Hotels & Resorts
BHR
$203M
| $608K | ﹤0.01% |
68,062
-681
| -1% | -$6.08K |
|
|
SCWX
2642
DELISTED
SecureWorks Corp Class A Common Stock
SCWX
| $608K | ﹤0.01% |
36,500
| – | – |
|
|
ALTA
2643
DELISTED
Altabancorp Common Stock
ALTA
| $604K | ﹤0.01% |
20,049
+8,800
| +78% | +$265K |
|
2644
Barings BDC
BBDC
$978M
| $602K | ﹤0.01% |
58,600
+36,100
| +160% | +$371K |
|
2645
Willdan Group
WLDN
$1.48B
| $602K | ﹤0.01% |
18,937
+2,200
| +13% | +$69.9K |
|
|
THOR
2646
DELISTED
Synthorx, Inc. Common Stock
THOR
| $602K | ﹤0.01% |
+8,620
| New | +$602K |
|
2647
Clearwater Paper
CLW
$344M
| $601K | ﹤0.01% |
28,155
+4,500
| +19% | +$96.1K |
|
2648
Qfin Holdings, Inc. American Depositary Shares
QFIN
$3.76B
| $601K | ﹤0.01% |
61,547
+43,200
| +235% | +$422K |
|
|
FSR
2649
DELISTED
Fisker Inc.
FSR
| $601K | ﹤0.01% |
59,072
+39,252
| +198% | +$399K |
|
2650
Inseego
INSG
$200M
| $599K | ﹤0.01% |
8,173
+1,130
| +16% | +$82.8K |
|