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 |
ATVI
Activision Blizzard Inc.
ATVI
|
+$217M |
| 2 |
T-Mobile US
TMUS
|
+$208M |
| 3 |
Electronic Arts
EA
|
+$208M |
| 4 |
Amazon
AMZN
|
+$205M |
| 5 |
Microsoft
MSFT
|
+$193M |
Top Sells
| 1 |
Realty Income
O
|
+$110M |
| 2 |
Healthpeak Properties
DOC
|
+$86.3M |
| 3 |
Hartford Financial Services
HIG
|
+$63.5M |
| 4 |
Annaly Capital Management
NLY
|
+$62.7M |
| 5 |
W.P. Carey
WPC
|
+$51.3M |
Sector Composition
| 1 | Technology | 21.87% |
| 2 | Healthcare | 14.17% |
| 3 | Financials | 12.05% |
| 4 | Consumer Discretionary | 11.93% |
| 5 | Communication Services | 8.99% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
2801
Metropolitan Bank Holding Corp
MCB
$823M
| $470K | ﹤0.01% |
16,786
+1,376
| +9% | +$38.5K |
|
2802
Clearfield
CLFD
$470M
| $468K | ﹤0.01% |
23,200
+600
| +3% | +$12.1K |
|
2803
Farmers & Merchants Bancorp
FMAO
$364M
| $467K | ﹤0.01% |
23,352
+900
| +4% | +$18K |
|
|
LCI
2804
DELISTED
Lannett Company, Inc.
LCI
| $466K | ﹤0.01% |
19,070
+875
| +5% | +$21.4K |
|
2805
Aspen Aerogels
ASPN
$560M
| $465K | ﹤0.01% |
42,482
+1,100
| +3% | +$12K |
|
2806
Lindblad Expeditions
LIND
$752M
| $465K | ﹤0.01% |
54,700
-2,785
| -5% | -$23.7K |
|
2807
MediciNova
MNOV
$61.3M
| $465K | ﹤0.01% |
88,800
+3,500
| +4% | +$18.3K |
|
2808
Red Robin
RRGB
$122M
| $465K | ﹤0.01% |
35,336
+7,052
| +25% | +$92.8K |
|
|
EIGR
2809
DELISTED
Eiger BioPharmaceuticals, Inc.
EIGR
| $465K | ﹤0.01% |
1,903
+169
| +10% | +$41.3K |
|
|
TA
2810
DELISTED
TravelCenters of America LLC
TA
| $463K | ﹤0.01% |
23,678
-39,300
| -62% | -$768K |
|
|
HCCI
2811
DELISTED
Heritage-Crystal Clean, Inc.
HCCI
| $462K | ﹤0.01% |
34,616
+1,100
| +3% | +$14.7K |
|
2812
Rush Enterprises Class B
RUSHB
$4.6B
| $460K | ﹤0.01% |
23,380
+450
| +2% | +$8.85K |
|
|
RDHL
2813
Redhill Biopharma
RDHL
$3.67M
| $459K | ﹤0.01% |
45
+1
| +2% | +$10.2K |
|
2814
Unity Bancorp
UNTY
$533M
| $458K | ﹤0.01% |
39,550
| – | – |
|
2815
ProQR Therapeutics
PRQR
$231M
| $457K | ﹤0.01% |
95,400
+12,300
| +15% | +$58.9K |
|
2816
Silicom
SILC
$104M
| $456K | ﹤0.01% |
14,071
+500
| +4% | +$16.2K |
|
2817
RBB Bancorp
RBB
$338M
| $455K | ﹤0.01% |
40,089
+2,220
| +6% | +$25.2K |
|
2818
Radiant Logistics
RLGT
$309M
| $454K | ﹤0.01% |
88,406
+2,000
| +2% | +$10.3K |
|
|
LMRK
2819
DELISTED
Landmark Infrastructure Partners LP Common Units
LMRK
| $454K | ﹤0.01% |
50,176
+895
| +2% | +$8.1K |
|
2820
Blink Charging
BLNK
$143M
| $451K | ﹤0.01% |
+43,700
| New | +$451K |
|
2821
Safe Bulkers
SB
$458M
| $450K | ﹤0.01% |
436,670
| – | – |
|
2822
Twin Disc
TWIN
$187M
| $450K | ﹤0.01% |
88,885
| – | – |
|
2823
Greenlight Captial
GLRE
$434M
| $449K | ﹤0.01% |
66,740
+2,800
| +4% | +$18.8K |
|
|
HT
2824
DELISTED
Hersha Hospitality Trust Priority Class A Common Shares of Beneficial Interest
HT
| $449K | ﹤0.01% |
81,119
+3,400
| +4% | +$18.8K |
|
2825
Home Bancorp
HBCP
$441M
| $448K | ﹤0.01% |
18,569
+1,476
| +9% | +$35.6K |
|