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 | |
|---|---|---|---|---|---|---|
2626
NextDecade
NEXT
$1.88B
| $314K | ﹤0.01% |
167,051
-7,967
| -5% | -$15K |
|
2627
Veru
VERU
$50.7M
| $314K | ﹤0.01% |
9,590
-250
| -3% | -$8.19K |
|
|
AIOT
2628
PowerFleet, Inc. Common Stock
AIOT
$701M
| $314K | ﹤0.01% |
90,713
-56,073
| -38% | -$194K |
|
2629
Espey Mfg & Electronics Corp
ESP
$142M
| $313K | ﹤0.01% |
17,235
-804
| -4% | -$14.6K |
|
2630
Nabors Industries
NBR
$627M
| $313K | ﹤0.01% |
16,025
+317
| +2% | +$6.19K |
|
2631
Eastern Company
EML
$153M
| $312K | ﹤0.01% |
16,004
-1,721
| -10% | -$33.6K |
|
|
EIGI
2632
DELISTED
Endurance International Group Holdings, Inc.
EIGI
| $310K | ﹤0.01% |
160,626
-45,000
| -22% | -$86.8K |
|
2633
Regis Corp
RGS
$68.2M
| $309K | ﹤0.01% |
2,613
-695
| -21% | -$82.2K |
|
2634
XBiotech
XBIT
$84.8M
| $308K | ﹤0.01% |
29,015
-4,207
| -13% | -$44.7K |
|
2635
Movado Group
MOV
$437M
| $305K | ﹤0.01% |
25,763
| – | – |
|
|
SLCA
2636
DELISTED
U.S. SILICA HOLDINGS, INC.
SLCA
| $305K | ﹤0.01% |
169,182
-600
| -0.4% | -$1.08K |
|
|
GHL
2637
DELISTED
Greenhill & Co., Inc.
GHL
| $305K | ﹤0.01% |
31,000
-19,800
| -39% | -$195K |
|
2638
SM Energy
SM
$3.12B
| $304K | ﹤0.01% |
249,138
+4,000
| +2% | +$4.88K |
|
2639
Stratus Properties
STRS
$158M
| $304K | ﹤0.01% |
17,197
-1,002
| -6% | -$17.7K |
|
2640
Tilray
TLRY
$1.22B
| $304K | ﹤0.01% |
44,200
+18,800
| +74% | +$129K |
|
|
NETI
2641
DELISTED
Eneti Inc.
NETI
| $304K | ﹤0.01% |
12,035
-4,994
| -29% | -$126K |
|
|
RUBY
2642
DELISTED
Rubius Therapeutics, Inc
RUBY
| $304K | ﹤0.01% |
68,300
-6,587
| -9% | -$29.3K |
|
|
ORBC
2643
DELISTED
ORBCOMM, Inc.
ORBC
| $304K | ﹤0.01% |
124,718
| – | – |
|
2644
Novavax
NVAX
$1.28B
| $303K | ﹤0.01% |
22,318
| – | – |
|
2645
PAR Technology
PAR
$1.81B
| $303K | ﹤0.01% |
23,535
-10,431
| -31% | -$134K |
|
|
EXTN
2646
DELISTED
Exterran Corporation
EXTN
| $303K | ﹤0.01% |
63,120
-2,773
| -4% | -$13.3K |
|
|
CWBC
2647
Community West Bancshares
CWBC
$406M
| $302K | ﹤0.01% |
23,151
| – | – |
|
2648
Lesaka Technologies
LSAK
$347M
| $302K | ﹤0.01% |
103,720
-29,000
| -22% | -$84.4K |
|
2649
Preformed Line Products
PLPC
$970M
| $302K | ﹤0.01% |
6,067
| – | – |
|
2650
Ituran Location and Control
ITRN
$696M
| $299K | ﹤0.01% |
21,053
+4,500
| +27% | +$63.9K |
|