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 |
Walmart
WMT
|
+$250M |
| 2 |
Target
TGT
|
+$142M |
| 3 |
Abbott
ABT
|
+$113M |
| 4 |
Verizon
VZ
|
+$87.4M |
| 5 |
NetEase
NTES
|
+$77.2M |
Top Sells
| 1 |
Alibaba
BABA
|
+$930M |
| 2 |
Apple
AAPL
|
+$258M |
| 3 |
Ross Stores
ROST
|
+$168M |
| 4 |
TIF
Tiffany & Co.
TIF
|
+$117M |
| 5 |
NVR
NVR
|
+$96.3M |
Sector Composition
| 1 | Technology | 21.88% |
| 2 | Healthcare | 14.24% |
| 3 | Financials | 13.06% |
| 4 | Consumer Discretionary | 11.15% |
| 5 | Communication Services | 9.49% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
2726
C4 Therapeutics
CCCC
$194M
| $721K | ﹤0.01% |
19,490
-1,839
| -9% | -$68K |
|
2727
MEI Pharma
MEIP
$101M
| $721K | ﹤0.01% |
10,510
-985
| -9% | -$67.6K |
|
2728
VSE Corp
VSEC
$3.47B
| $719K | ﹤0.01% |
18,200
-1,612
| -8% | -$63.7K |
|
2729
SIGA Technologies
SIGA
$649M
| $718K | ﹤0.01% |
110,500
-9,715
| -8% | -$63.1K |
|
2730
Tejon Ranch
TRC
$453M
| $716K | ﹤0.01% |
42,800
-3,778
| -8% | -$63.2K |
|
2731
BlueLinx
BXC
$651M
| $715K | ﹤0.01% |
18,240
| – | – |
|
2732
VirnetX
VHC
$74.6M
| $715K | ﹤0.01% |
6,415
-597
| -9% | -$66.5K |
|
2733
Cue Biopharma
CUE
$58.8M
| $714K | ﹤0.01% |
58,500
-5,239
| -8% | -$63.9K |
|
2734
KalVista Pharmaceuticals
KALV
$746M
| $712K | ﹤0.01% |
27,700
-2,500
| -8% | -$64.3K |
|
2735
Transcat
TRNS
$712M
| $712K | ﹤0.01% |
14,500
| – | – |
|
2736
Broadwind
BWEN
$52.8M
| $711K | ﹤0.01% |
107,672
| – | – |
|
2737
Microvast
MVST
$916M
| $711K | ﹤0.01% |
57,800
| – | – |
|
2738
Kingstone Companies
KINS
$198M
| $710K | ﹤0.01% |
83,131
+2,331
| +3% | +$19.9K |
|
|
CONN
2739
DELISTED
Conn's Inc.
CONN
| $710K | ﹤0.01% |
36,500
-4,968
| -12% | -$96.6K |
|
2740
Eos Energy Enterprises
EOSE
$2.02B
| $708K | ﹤0.01% |
35,900
| – | – |
|
2741
Southern First Bancshares
SFST
$371M
| $708K | ﹤0.01% |
15,100
| – | – |
|
|
STFC
2742
DELISTED
State Auto Financial Corp
STFC
| $708K | ﹤0.01% |
35,900
-3,203
| -8% | -$63.2K |
|
2743
CytomX Therapeutics
CTMX
$345M
| $707K | ﹤0.01% |
91,500
-8,612
| -9% | -$66.5K |
|
2744
Babcock & Wilcox
BW
$250M
| $706K | ﹤0.01% |
74,541
| – | – |
|
|
SIEN
2745
DELISTED
Sientra, Inc.
SIEN
| $706K | ﹤0.01% |
9,680
| – | – |
|
2746
KRONOS Worldwide
KRO
$723M
| $704K | ﹤0.01% |
46,000
-4,219
| -8% | -$64.6K |
|
2747
Team
TISI
$81.4M
| $703K | ﹤0.01% |
6,100
-550
| -8% | -$63.4K |
|
2748
Nurix Therapeutics
NRIX
$703M
| $703K | ﹤0.01% |
22,600
-2,075
| -8% | -$64.5K |
|
2749
CF Bankshares
CFBK
$162M
| $700K | ﹤0.01% |
35,064
+26
| +0.1% | +$519 |
|
2750
Matrix Service
MTRX
$360M
| $700K | ﹤0.01% |
53,400
-7,975
| -13% | -$105K |
|