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 | |
|---|---|---|---|---|---|---|
2901
Southern First Bancshares
SFST
$371M
| $403K | ﹤0.01% |
16,686
+700
| +4% | +$16.9K |
|
2902
BlueLinx
BXC
$651M
| $401K | ﹤0.01% |
18,640
+6,600
| +55% | +$142K |
|
|
ODT
2903
DELISTED
Odonate Therapeutics, Inc. Common Stock
ODT
| $401K | ﹤0.01% |
29,865
+900
| +3% | +$12.1K |
|
2904
Guaranty Bancshares
GNTY
$559M
| $399K | ﹤0.01% |
17,623
+880
| +5% | +$19.9K |
|
2905
Aprea Therapeutics
APRE
$9.15M
| $398K | ﹤0.01% |
828
+30
| +4% | +$14.4K |
|
2906
Paysign
PAYS
$290M
| $398K | ﹤0.01% |
70,081
+2,100
| +3% | +$11.9K |
|
2907
Oil-Dri
ODC
$970M
| $396K | ﹤0.01% |
22,142
+1,200
| +6% | +$21.5K |
|
|
IHC
2908
DELISTED
Independence Holding Company
IHC
| $396K | ﹤0.01% |
10,489
+200
| +2% | +$7.55K |
|
|
MCBC
2909
DELISTED
Macatawa Bank Corp
MCBC
| $395K | ﹤0.01% |
60,414
+2,500
| +4% | +$16.3K |
|
2910
Northern Oil and Gas
NOG
$2.51B
| $394K | ﹤0.01% |
68,609
+2,489
| +4% | +$14.3K |
|
|
HTZ
2911
DELISTED
Hertz Global Holdings, Inc.
HTZ
| $394K | ﹤0.01% |
355,239
+132,750
| +60% | +$147K |
|
2912
Arbutus Biopharma
ABUS
$939M
| $392K | ﹤0.01% |
+125,300
| New | +$392K |
|
2913
Marcus Corp
MCS
$503M
| $392K | ﹤0.01% |
50,737
+1,200
| +2% | +$9.27K |
|
2914
Escalade
ESCA
$173M
| $391K | ﹤0.01% |
21,400
+7,600
| +55% | +$139K |
|
2915
Global Indemnity Group
GBLI
$418M
| $390K | ﹤0.01% |
18,766
+800
| +4% | +$16.6K |
|
2916
Gannett
GCI
$632M
| $390K | ﹤0.01% |
300,050
+6,900
| +2% | +$8.97K |
|
2917
W&T Offshore
WTI
$258M
| $390K | ﹤0.01% |
216,619
+7,900
| +4% | +$14.2K |
|
2918
ADMA Biologics
ADMA
$3.84B
| $388K | ﹤0.01% |
162,400
-7,933
| -5% | -$19K |
|
|
BCYC
2919
Bicycle Therapeutics
BCYC
$487M
| $388K | ﹤0.01% |
20,345
+1,600
| +9% | +$30.5K |
|
2920
KalVista Pharmaceuticals
KALV
$746M
| $388K | ﹤0.01% |
30,800
+3,200
| +12% | +$40.3K |
|
|
VRTV
2921
DELISTED
VERITIV CORPORATION
VRTV
| $388K | ﹤0.01% |
30,614
+1,200
| +4% | +$15.2K |
|
2922
First Capital
FCAP
$147M
| $387K | ﹤0.01% |
6,900
+300
| +5% | +$16.8K |
|
2923
Oil States International
OIS
$348M
| $387K | ﹤0.01% |
141,920
+4,600
| +3% | +$12.5K |
|
2924
Spok Holdings
SPOK
$363M
| $387K | ﹤0.01% |
40,704
+2,000
| +5% | +$19K |
|
|
SMMF
2925
DELISTED
Summit Financial Group, Inc.
SMMF
| $387K | ﹤0.01% |
26,129
+1,300
| +5% | +$19.3K |
|