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 | |
|---|---|---|---|---|---|---|
2901
AerSale
ASLE
$396M
| $362K | ﹤0.01% |
+35,200
| New | +$362K |
|
|
CWBC
2902
Community West Bancshares
CWBC
$402M
| $362K | ﹤0.01% |
23,551
+400
| +2% | +$6.15K |
|
2903
Spok Holdings
SPOK
$356M
| $362K | ﹤0.01% |
38,704
+16,634
| +75% | +$156K |
|
|
NESR
2904
National Energy Services Reunited Corp. Ordinary Shares
NESR
$1B
| $362K | ﹤0.01% |
52,685
+31,300
| +146% | +$215K |
|
2905
NextDecade
NEXT
$2.12B
| $361K | ﹤0.01% |
167,051
| – | – |
|
2906
Northrim BanCorp
NRIM
$508M
| $361K | ﹤0.01% |
14,364
-11,070
| -44% | -$278K |
|
|
GRVY
2907
GRAVITY
GRVY
$441M
| $360K | ﹤0.01% |
6,516
-20,173
| -76% | -$1.11M |
|
2908
Alpha Pro Tech
APT
$50.7M
| $359K | ﹤0.01% |
20,300
+400
| +2% | +$7.07K |
|
|
AUD
2909
DELISTED
Audacy, Inc.
AUD
| $359K | ﹤0.01% |
260,168
-5,800
| -2% | -$8K |
|
2910
AC Immune
ACIU
$241M
| $357K | ﹤0.01% |
53,052
+29,847
| +129% | +$201K |
|
|
JMIA
2911
Jumia Technologies
JMIA
$1.09B
| $357K | ﹤0.01% |
+65,100
| New | +$357K |
|
|
HMTV
2912
DELISTED
Hemisphere Media Group, Inc.
HMTV
| $357K | ﹤0.01% |
36,319
+3,000
| +9% | +$29.5K |
|
2913
Porch Group
PRCH
$1.89B
| $356K | ﹤0.01% |
+35,200
| New | +$356K |
|
|
THCA
2914
DELISTED
Tuscan Holdings Corp. II Common Stock
THCA
| $356K | ﹤0.01% |
35,420
+24,620
| +228% | +$247K |
|
|
SRLP
2915
DELISTED
SPRAGUE RESOURCES LP
SRLP
| $356K | ﹤0.01% |
22,581
-4,538
| -17% | -$71.5K |
|
|
HOOK
2916
DELISTED
HOOKIPA Pharma
HOOK
| $355K | ﹤0.01% |
+3,053
| New | +$355K |
|
2917
WhiteHorse Finance
WHF
$202M
| $355K | ﹤0.01% |
+34,500
| New | +$355K |
|
|
LTRPA
2918
DELISTED
Liberty TripAdvisor Holdings, Inc. Series A
LTRPA
| $355K | ﹤0.01% |
166,464
+3,056
| +2% | +$6.52K |
|
|
TPCO
2919
DELISTED
Tribune Publishing Company Common Stock
TPCO
| $355K | ﹤0.01% |
35,559
+19,100
| +116% | +$191K |
|
2920
Tiptree Inc
TIPT
$882M
| $354K | ﹤0.01% |
54,845
+20,994
| +62% | +$136K |
|
2921
Metallus
MTUS
$695M
| $354K | ﹤0.01% |
91,000
+674
| +0.7% | +$2.62K |
|
2922
Daktronics
DAKT
$1.03B
| $353K | ﹤0.01% |
81,119
| – | – |
|
2923
Uranium Energy
UEC
$5.6B
| $353K | ﹤0.01% |
402,128
+78,528
| +24% | +$68.9K |
|
2924
American Coastal Insurance
ACIC
$526M
| $352K | ﹤0.01% |
45,057
+5,800
| +15% | +$45.3K |
|
2925
PrimeEnergy Resources
PNRG
$269M
| $352K | ﹤0.01% |
4,946
| – | – |
|