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 | |
|---|---|---|---|---|---|---|
2976
Globalstar
GSAT
$3.84B
| $363K | ﹤0.01% |
78,773
-2,853
| -3% | -$13.1K |
|
|
LUNA
2977
DELISTED
Luna Innovations Incorporated
LUNA
| $363K | ﹤0.01% |
60,700
+2,100
| +4% | +$12.6K |
|
2978
FS Bancorp
FSBW
$321M
| $361K | ﹤0.01% |
17,586
+200
| +1% | +$4.11K |
|
2979
Hess Midstream
HESM
$5.21B
| $361K | ﹤0.01% |
23,883
-13,639
| -36% | -$206K |
|
2980
Stellus Capital Investment Corp
SCM
$404M
| $361K | ﹤0.01% |
41,500
+1,000
| +2% | +$8.7K |
|
2981
NI Holdings
NODK
$281M
| $360K | ﹤0.01% |
21,309
| – | – |
|
2982
Cartesian Therapeutics
RNAC
$259M
| $360K | ﹤0.01% |
4,833
+260
| +6% | +$19.4K |
|
2983
Teekay
TK
$726M
| $360K | ﹤0.01% |
161,368
+3,600
| +2% | +$8.03K |
|
|
CSTR
2984
DELISTED
CapStar Financial Holdings, Inc
CSTR
| $360K | ﹤0.01% |
36,696
+1,700
| +5% | +$16.7K |
|
2985
Friedman Industries
FRD
$151M
| $359K | ﹤0.01% |
61,891
| – | – |
|
2986
LSI Industries
LYTS
$687M
| $359K | ﹤0.01% |
53,200
+1,300
| +3% | +$8.77K |
|
2987
RCI Hospitality Holdings
RICK
$306M
| $359K | ﹤0.01% |
17,600
+200
| +1% | +$4.08K |
|
|
MSON
2988
DELISTED
Misonix Inc
MSON
| $359K | ﹤0.01% |
30,600
+1,300
| +4% | +$15.3K |
|
2989
Bridgford Foods
BRID
$74M
| $356K | ﹤0.01% |
19,468
| – | – |
|
|
LBC
2990
DELISTED
Luther Burbank Corporation Common Stock
LBC
| $356K | ﹤0.01% |
42,679
+2,000
| +5% | +$16.7K |
|
2991
WhiteHorse Finance
WHF
$204M
| $355K | ﹤0.01% |
36,300
+1,800
| +5% | +$17.6K |
|
2992
Calumet Specialty Products
CLMT
$1.53B
| $354K | ﹤0.01% |
138,989
+3,200
| +2% | +$8.15K |
|
2993
LCNB Corp
LCNB
$230M
| $354K | ﹤0.01% |
25,900
+1,300
| +5% | +$17.8K |
|
2994
Rocky Brands
RCKY
$220M
| $354K | ﹤0.01% |
14,246
+300
| +2% | +$7.46K |
|
2995
RPC Inc
RES
$1.03B
| $353K | ﹤0.01% |
133,773
+6,700
| +5% | +$17.7K |
|
2996
Consolidated Water Co
CWCO
$534M
| $352K | ﹤0.01% |
33,781
+1,500
| +5% | +$15.6K |
|
2997
Lesaka Technologies
LSAK
$345M
| $352K | ﹤0.01% |
104,420
+2,400
| +2% | +$8.09K |
|
2998
MVB Financial
MVBF
$308M
| $352K | ﹤0.01% |
22,055
+500
| +2% | +$7.98K |
|
2999
Acacia Research
ACTG
$314M
| $351K | ﹤0.01% |
101,200
+4,900
| +5% | +$17K |
|
|
ITI
3000
DELISTED
Iteris, Inc.
ITI
| $351K | ﹤0.01% |
85,600
+4,000
| +5% | +$16.4K |
|