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 |
ATH
Athene Holding Ltd. Class A Common Shares
ATH
|
+$282M |
| 2 |
Alphabet (Google) Class A
GOOGL
|
+$224M |
| 3 |
JOBS
51job, Inc.
JOBS
|
+$26.8M |
| 4 |
Intel
INTC
|
+$24.2M |
| 5 |
WP
Worldpay, Inc.
WP
|
+$22.7M |
Top Sells
| 1 |
Alphabet (Google) Class C
GOOG
|
+$312M |
| 2 |
Amazon
AMZN
|
+$153M |
| 3 |
Johnson & Johnson
JNJ
|
+$75.8M |
| 4 |
Microsoft
MSFT
|
+$69.7M |
| 5 |
Honeywell
HON
|
+$60.9M |
Sector Composition
| 1 | Financials | 18.48% |
| 2 | Technology | 16.84% |
| 3 | Healthcare | 12.76% |
| 4 | Industrials | 10.58% |
| 5 | Consumer Discretionary | 10.45% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
2651
Ceragon Networks
CRNT
$179M
| $452K | ﹤0.01% |
+167,953
| New | +$452K |
|
2652
Madrigal Pharmaceuticals
MDGL
$9.78B
| $452K | ﹤0.01% |
+3,868
| New | +$452K |
|
2653
Beazer Homes USA
BZH
$759M
| $450K | ﹤0.01% |
28,211
+9,211
| +48% | +$147K |
|
2654
Viper Energy
VNOM
$6.64B
| $448K | ﹤0.01% |
+17,647
| New | +$448K |
|
|
FTD
2655
DELISTED
FTD Companies, Inc. Common Stock
FTD
| $448K | ﹤0.01% |
123,201
+14,235
| +13% | +$51.8K |
|
2656
VICI Properties
VICI
$35.4B
| $447K | ﹤0.01% |
+24,379
| New | +$447K |
|
2657
Espey Mfg & Electronics Corp
ESP
$143M
| $446K | ﹤0.01% |
17,039
| – | – |
|
2658
Boot Barn
BOOT
$5.42B
| $445K | ﹤0.01% |
25,076
+13,976
| +126% | +$248K |
|
2659
Acacia Research
ACTG
$320M
| $444K | ﹤0.01% |
126,836
+34,936
| +38% | +$122K |
|
2660
PennyMac Financial
PFSI
$6.39B
| $444K | ﹤0.01% |
+19,581
| New | +$444K |
|
2661
Tredegar Corp
TG
$277M
| $443K | ﹤0.01% |
+24,672
| New | +$443K |
|
|
HMNF
2662
DELISTED
HMN Financial Inc
HMNF
| $443K | ﹤0.01% |
23,940
| – | – |
|
2663
Cross Country Healthcare
CCRN
$406M
| $441K | ﹤0.01% |
39,700
| – | – |
|
|
MULE
2664
DELISTED
MuleSoft, Inc.
MULE
| $440K | ﹤0.01% |
10,000
| – | – |
|
|
CORE
2665
DELISTED
Core Mark Holding Co., Inc.
CORE
| $440K | ﹤0.01% |
20,698
-5,672
| -22% | -$121K |
|
|
HDP
2666
DELISTED
Hortonworks, Inc.
HDP
| $440K | ﹤0.01% |
21,602
+873
| +4% | +$17.8K |
|
2667
Uranium Energy
UEC
$5.25B
| $438K | ﹤0.01% |
334,600
| – | – |
|
2668
VirnetX
VHC
$76.8M
| $438K | ﹤0.01% |
5,540
| – | – |
|
2669
QCR Holdings
QCRH
$1.31B
| $437K | ﹤0.01% |
9,736
-2,583
| -21% | -$116K |
|
2670
Scully Royalty
SRL
$77.8M
| $437K | ﹤0.01% |
70,500
| – | – |
|
2671
Vericel Corp
VCEL
$1.62B
| $437K | ﹤0.01% |
43,900
| – | – |
|
2672
MediciNova
MNOV
$61.8M
| $435K | ﹤0.01% |
42,600
| – | – |
|
2673
Sportsman's Warehouse
SPWH
$118M
| $434K | ﹤0.01% |
106,430
-29,556
| -22% | -$121K |
|
2674
Forum Energy Technologies
FET
$323M
| $432K | ﹤0.01% |
1,965
+510
| +35% | +$112K |
|
2675
Protalix BioTherapeutics
PLX
$140M
| $432K | ﹤0.01% |
80,090
| – | – |
|