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 | |
|---|---|---|---|---|---|---|
2726
MediciNova
MNOV
$63.3M
| $462K | ﹤0.01% |
85,300
+7,500
| +10% | +$40.6K |
|
|
RVI
2727
DELISTED
Retail Value Inc. Common Shares
RVI
| $462K | ﹤0.01% |
407,527
+40,614
| +11% | +$46K |
|
2728
Advent Technologies
ADN
$8.17M
| $461K | ﹤0.01% |
1,503
+973
| +184% | +$298K |
|
2729
Alphatec Holdings
ATEC
$2.29B
| $459K | ﹤0.01% |
97,698
+27,951
| +40% | +$131K |
|
2730
First Capital
FCAP
$146M
| $459K | ﹤0.01% |
+6,600
| New | +$459K |
|
2731
Park Aerospace
PKE
$378M
| $459K | ﹤0.01% |
41,238
-200
| -0.5% | -$2.23K |
|
2732
Home Bancorp
HBCP
$439M
| $457K | ﹤0.01% |
17,093
+200
| +1% | +$5.35K |
|
2733
Tidewater
TDW
$2.95B
| $457K | ﹤0.01% |
81,800
+1,400
| +2% | +$7.82K |
|
|
AKCA
2734
DELISTED
Akcea Therapeutics, Inc. Common Stock
AKCA
| $456K | ﹤0.01% |
33,300
+13,400
| +67% | +$183K |
|
2735
Titan Machinery
TITN
$462M
| $455K | ﹤0.01% |
41,923
+17,200
| +70% | +$187K |
|
|
MCF
2736
DELISTED
Contango Oil & Gas Co.
MCF
| $455K | ﹤0.01% |
198,608
+97,356
| +96% | +$223K |
|
|
CUTR
2737
DELISTED
Cutera, Inc.
CUTR
| $454K | ﹤0.01% |
37,286
+5,376
| +17% | +$65.5K |
|
2738
Geospace Technologies
GEOS
$210M
| $453K | ﹤0.01% |
60,238
| – | – |
|
|
MCBC
2739
DELISTED
Macatawa Bank Corp
MCBC
| $453K | ﹤0.01% |
57,914
-10,746
| -16% | -$84.1K |
|
|
NPKI
2740
NPK International Inc.
NPKI
$895M
| $452K | ﹤0.01% |
202,733
+5,156
| +3% | +$11.5K |
|
2741
Ceco Environmental
CECO
$1.66B
| $451K | ﹤0.01% |
68,369
-19,075
| -22% | -$126K |
|
2742
Willis Lease Finance
WLFC
$1.14B
| $451K | ﹤0.01% |
18,565
-618
| -3% | -$15K |
|
2743
Navigator Holdings
NVGS
$1.11B
| $450K | ﹤0.01% |
69,991
+22,800
| +48% | +$147K |
|
2744
SoundThinking
SSTI
$163M
| $449K | ﹤0.01% |
17,831
+5,331
| +43% | +$134K |
|
|
HT
2745
DELISTED
Hersha Hospitality Trust Priority Class A Common Shares of Beneficial Interest
HT
| $448K | ﹤0.01% |
77,719
-1,067
| -1% | -$6.15K |
|
2746
Citi Trends
CTRN
$277M
| $447K | ﹤0.01% |
22,100
-100
| -0.5% | -$2.02K |
|
2747
Atlanta Braves Holdings Series A
BATRA
$2.9B
| $445K | ﹤0.01% |
22,156
+150
| +0.7% | +$3.01K |
|
2748
Delek Logistics
DKL
$2.39B
| $445K | ﹤0.01% |
19,420
+5,000
| +35% | +$115K |
|
|
ICAD
2749
DELISTED
iCAD Inc
ICAD
| $445K | ﹤0.01% |
44,525
+10,254
| +30% | +$102K |
|
2750
Lindblad Expeditions
LIND
$740M
| $444K | ﹤0.01% |
57,485
+28,842
| +101% | +$223K |
|