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 |
Merck
MRK
|
+$266M |
| 2 |
Becton Dickinson
BDX
|
+$208M |
| 3 |
Apple
AAPL
|
+$188M |
| 4 |
SGEN
Seagen Inc. Common Stock
SGEN
|
+$175M |
| 5 |
ATVI
Activision Blizzard Inc.
ATVI
|
+$170M |
Top Sells
| 1 |
Aflac
AFL
|
+$136M |
| 2 |
ONC
BeOne Medicines Ltd. American Depositary Shares
ONC
|
+$68.8M |
| 3 |
UDR
UDR
|
+$64.9M |
| 4 |
IMMU
Immunomedics Inc
IMMU
|
+$40.1M |
| 5 |
Arch Capital
ACGL
|
+$39.9M |
Sector Composition
| 1 | Technology | 22.31% |
| 2 | Healthcare | 14.28% |
| 3 | Financials | 12.51% |
| 4 | Consumer Discretionary | 11.96% |
| 5 | Communication Services | 9.19% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
2801
Gladstone Capital
GLAD
$525M
| $600K | ﹤0.01% |
33,850
-50
| -0.1% | -$886 |
|
2802
Network-1 Technologies
NTIP
$36M
| $600K | ﹤0.01% |
+162,521
| New | +$600K |
|
2803
NVE Corp
NVEC
$328M
| $600K | ﹤0.01% |
10,681
-200
| -2% | -$11.2K |
|
2804
Regional Management Corp
RM
$418M
| $599K | ﹤0.01% |
20,046
-34
| -0.2% | -$1.02K |
|
|
TBCH
2805
Turtle Beach Corporation Common Stock
TBCH
$299M
| $599K | ﹤0.01% |
27,800
-600
| -2% | -$12.9K |
|
2806
Citizens & Northern Corp
CZNC
$311M
| $598K | ﹤0.01% |
30,128
-600
| -2% | -$11.9K |
|
2807
Metropolitan Bank Holding Corp
MCB
$807M
| $598K | ﹤0.01% |
16,486
-300
| -2% | -$10.9K |
|
|
AFIB
2808
DELISTED
Acutus Medical, Inc. Common Stock
AFIB
| $598K | ﹤0.01% |
20,749
-400
| -2% | -$11.5K |
|
|
SMMF
2809
DELISTED
Summit Financial Group, Inc.
SMMF
| $596K | ﹤0.01% |
27,002
+873
| +3% | +$19.3K |
|
2810
Spero Therapeutics
SPRO
$107M
| $593K | ﹤0.01% |
30,600
-2,694
| -8% | -$52.2K |
|
2811
Heritage Insurance Holdings
HRTG
$763M
| $592K | ﹤0.01% |
58,414
-1,100
| -2% | -$11.1K |
|
2812
Grid Dynamics Holdings
GDYN
$642M
| $590K | ﹤0.01% |
46,800
-900
| -2% | -$11.3K |
|
|
LUNA
2813
DELISTED
Luna Innovations Incorporated
LUNA
| $588K | ﹤0.01% |
59,500
-1,200
| -2% | -$11.9K |
|
|
AKUS
2814
DELISTED
Akouos, Inc. Common Stock
AKUS
| $587K | ﹤0.01% |
29,597
-600
| -2% | -$11.9K |
|
2815
Berry Corp
BRY
$257M
| $584K | ﹤0.01% |
158,720
-2,900
| -2% | -$10.7K |
|
2816
Teekay Tankers
TNK
$1.8B
| $584K | ﹤0.01% |
53,041
-3,303
| -6% | -$36.4K |
|
2817
Park Aerospace
PKE
$372M
| $583K | ﹤0.01% |
43,438
-800
| -2% | -$10.7K |
|
2818
UNIFI
UFI
$82.8M
| $583K | ﹤0.01% |
32,858
+15
| +0% | +$266 |
|
|
AMTD
2819
AMTD IDEA Group
AMTD
$97.9M
| $582K | ﹤0.01% |
14,690
+11,512
| +362% | +$456K |
|
2820
First Bancorp
FNLC
$301M
| $582K | ﹤0.01% |
22,895
-400
| -2% | -$10.2K |
|
2821
Lifecore Biomedical
LFCR
$281M
| $582K | ﹤0.01% |
53,600
-1,100
| -2% | -$11.9K |
|
2822
TherapeuticsMD
TXMD
$12.8M
| $581K | ﹤0.01% |
9,600
-202
| -2% | -$12.2K |
|
|
RVI
2823
DELISTED
Retail Value Inc. Common Shares
RVI
| $581K | ﹤0.01% |
425,983
-7,626
| -2% | -$10.4K |
|
|
AMPE
2824
DELISTED
Ampio Pharmaceuticals Inc.
AMPE
| $580K | ﹤0.01% |
1,216
+1,148
| +1,688% | +$548K |
|
2825
Park-Ohio Holdings
PKOH
$309M
| $579K | ﹤0.01% |
18,727
-1,197
| -6% | -$37K |
|