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 |
Gilead Sciences
GILD
|
+$475M |
| 2 |
Vertex Pharmaceuticals
VRTX
|
+$463M |
| 3 |
Regeneron Pharmaceuticals
REGN
|
+$408M |
| 4 |
Adobe
ADBE
|
+$333M |
| 5 |
T-Mobile US
TMUS
|
+$205M |
Top Sells
| 1 |
Apple
AAPL
|
+$372M |
| 2 |
Alphabet (Google) Class A
GOOGL
|
+$146M |
| 3 |
Sysco
SYY
|
+$144M |
| 4 |
AGN
Allergan plc
AGN
|
+$134M |
| 5 |
Welltower
WELL
|
+$124M |
Sector Composition
| 1 | Technology | 20.98% |
| 2 | Healthcare | 14.54% |
| 3 | Financials | 12.83% |
| 4 | Consumer Discretionary | 10.65% |
| 5 | Consumer Staples | 8.81% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
2701
Red River Bancshares
RRBI
$435M
| $482K | ﹤0.01% |
+10,978
| New | +$482K |
|
|
FRTA
2702
DELISTED
Forterra, Inc
FRTA
| $482K | ﹤0.01% |
43,204
+2,068
| +5% | +$23.1K |
|
|
AT
2703
DELISTED
Atlantic Power Corporation
AT
| $482K | ﹤0.01% |
240,963
+153,200
| +175% | +$306K |
|
|
RUTH
2704
DELISTED
Ruth's Hospitality Group, Inc.
RUTH
| $481K | ﹤0.01% |
58,972
-2,616
| -4% | -$21.3K |
|
2705
Sprout Social
SPT
$848M
| $480K | ﹤0.01% |
+17,776
| New | +$480K |
|
|
SOGO
2706
DELISTED
Sogou Inc. American Depositary Shares, each representing one Class A Ordinary Share
SOGO
| $480K | ﹤0.01% |
114,834
-234
| -0.2% | -$978 |
|
|
OPRA
2707
Opera Ltd
OPRA
$1.74B
| $478K | ﹤0.01% |
+53,138
| New | +$478K |
|
2708
Farmers & Merchants Bancorp
FMAO
$364M
| $477K | ﹤0.01% |
22,452
+12,400
| +123% | +$263K |
|
2709
Limoneira
LMNR
$280M
| $477K | ﹤0.01% |
32,900
+7,000
| +27% | +$101K |
|
|
MRNS
2710
DELISTED
Marinus Pharmaceuticals, Inc
MRNS
| $477K | ﹤0.01% |
+46,908
| New | +$477K |
|
2711
Fossil Group
FOSL
$167M
| $476K | ﹤0.01% |
102,467
-1,800
| -2% | -$8.36K |
|
2712
Gladstone Capital
GLAD
$527M
| $476K | ﹤0.01% |
32,550
+7,800
| +32% | +$114K |
|
2713
W&T Offshore
WTI
$258M
| $476K | ﹤0.01% |
208,719
+5,000
| +2% | +$11.4K |
|
|
SI
2714
DELISTED
Silvergate Capital Corporation
SI
| $475K | ﹤0.01% |
33,897
+17,581
| +108% | +$246K |
|
|
IVC
2715
DELISTED
Invacare Corporation
IVC
| $475K | ﹤0.01% |
74,583
+2,600
| +4% | +$16.6K |
|
2716
AST SpaceMobile
ASTS
$10.3B
| $474K | ﹤0.01% |
+47,000
| New | +$474K |
|
|
EBTC
2717
DELISTED
Enterprise Bancorp
EBTC
| $473K | ﹤0.01% |
19,859
+3,019
| +18% | +$71.9K |
|
|
BFYT
2718
DELISTED
Benefytt Technologies, Inc. Class A Common Stock
BFYT
| $473K | ﹤0.01% |
23,096
+4,396
| +24% | +$90K |
|
2719
LoveSac
LOVE
$257M
| $472K | ﹤0.01% |
+18,000
| New | +$472K |
|
|
PRVL
2720
DELISTED
Prevail Therapeutics Inc. Common Stock
PRVL
| $471K | ﹤0.01% |
+31,605
| New | +$471K |
|
2721
Oppenheimer Holdings
OPY
$815M
| $470K | ﹤0.01% |
21,577
-37
| -0.2% | -$806 |
|
2722
Consolidated Water Co
CWCO
$534M
| $466K | ﹤0.01% |
32,281
-203,400
| -86% | -$2.94M |
|
|
OPTN
2723
DELISTED
OptiNose
OPTN
| $464K | ﹤0.01% |
4,160
+1,230
| +42% | +$137K |
|
2724
Seres Therapeutics
MCRB
$154M
| $463K | ﹤0.01% |
4,868
+3,553
| +270% | +$338K |
|
2725
New Fortress Energy
NFE
$387M
| $463K | ﹤0.01% |
35,700
+11,088
| +45% | +$144K |
|