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 |
Verizon
VZ
|
+$165M |
| 2 |
Oracle
ORCL
|
+$139M |
| 3 |
CME Group
CME
|
+$99.7M |
| 4 |
Gilead Sciences
GILD
|
+$94.9M |
| 5 |
Alphabet (Google) Class C
GOOG
|
+$94.2M |
Top Sells
| 1 |
SPDR S&P 500 ETF Trust
SPY
|
+$334M |
| 2 |
RTX Corp
RTX
|
+$289M |
| 3 |
iShares MSCI EAFE ETF
EFA
|
+$201M |
| 4 |
Alphabet (Google) Class A
GOOGL
|
+$192M |
| 5 |
Humana
HUM
|
+$149M |
Sector Composition
| 1 | Technology | 19.65% |
| 2 | Financials | 13.7% |
| 3 | Healthcare | 13.67% |
| 4 | Consumer Discretionary | 9.89% |
| 5 | Consumer Staples | 9.54% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
1376
OneMain Financial
OMF
$7.22B
| $2.84M | ﹤0.01% |
148,765
-140,481
| -49% | -$2.69M |
|
1377
AtriCure
ATRC
$1.78B
| $2.84M | ﹤0.01% |
84,575
+4,943
| +6% | +$166K |
|
1378
WSFS Financial
WSFS
$3.05B
| $2.84M | ﹤0.01% |
113,856
-9,400
| -8% | -$234K |
|
|
TWNK
1379
DELISTED
Hostess Brands, Inc. Class A Common Stock
TWNK
| $2.84M | ﹤0.01% |
266,010
-83,496
| -24% | -$890K |
|
1380
Bread Financial
BFH
$2.93B
| $2.83M | ﹤0.01% |
105,499
-11,653
| -10% | -$313K |
|
1381
McGrath RentCorp
MGRC
$3.03B
| $2.82M | ﹤0.01% |
53,860
-46,742
| -46% | -$2.45M |
|
1382
American Eagle Outfitters
AEO
$3.45B
| $2.82M | ﹤0.01% |
354,631
-85,264
| -19% | -$678K |
|
1383
PRA Group
PRAA
$651M
| $2.82M | ﹤0.01% |
101,690
-1,300
| -1% | -$36K |
|
1384
Ubiquiti
UI
$36B
| $2.82M | ﹤0.01% |
19,893
-23,471
| -54% | -$3.32M |
|
|
CMD
1385
DELISTED
Cantel Medical Corporation
CMD
| $2.81M | ﹤0.01% |
78,341
-16,545
| -17% | -$594K |
|
1386
ICF International
ICFI
$1.85B
| $2.81M | ﹤0.01% |
40,896
-19,085
| -32% | -$1.31M |
|
|
FSCT
1387
DELISTED
ForeScout Technologies, Inc. Common Stock
FSCT
| $2.81M | ﹤0.01% |
88,825
-7,892
| -8% | -$249K |
|
1388
Rambus
RMBS
$10.4B
| $2.8M | ﹤0.01% |
252,434
-97,453
| -28% | -$1.08M |
|
1389
Mueller Water Products
MWA
$3.96B
| $2.8M | ﹤0.01% |
349,250
+5,293
| +2% | +$42.4K |
|
|
UFS
1390
DELISTED
DOMTAR CORPORATION (New)
UFS
| $2.8M | ﹤0.01% |
129,248
-9,800
| -7% | -$212K |
|
|
AMRN
1391
Amarin Corp
AMRN
$309M
| $2.79M | ﹤0.01% |
34,892
-90
| -0.3% | -$7.2K |
|
|
BMCH
1392
DELISTED
BMC Stock Holdings, Inc
BMCH
| $2.79M | ﹤0.01% |
157,419
-67,122
| -30% | -$1.19M |
|
1393
Cavco Industries
CVCO
$4.44B
| $2.79M | ﹤0.01% |
19,239
-856
| -4% | -$124K |
|
1394
Main Street Capital
MAIN
$5.84B
| $2.78M | ﹤0.01% |
135,445
-4,500
| -3% | -$92.3K |
|
1395
Kratos Defense & Security Solutions
KTOS
$12.7B
| $2.78M | ﹤0.01% |
200,481
-118,200
| -37% | -$1.64M |
|
1396
Ligand Pharmaceuticals
LGND
$3.24B
| $2.77M | ﹤0.01% |
61,135
-100,510
| -62% | -$4.56M |
|
1397
Hamilton Lane
HLNE
$6.45B
| $2.77M | ﹤0.01% |
50,122
-1,792
| -3% | -$99.1K |
|
1398
Safety Insurance
SAFT
$1.07B
| $2.77M | ﹤0.01% |
32,832
-6,137
| -16% | -$518K |
|
1399
Yelp
YELP
$1.97B
| $2.77M | ﹤0.01% |
153,695
-16,200
| -10% | -$292K |
|
1400
Renasant Corp
RNST
$3.57B
| $2.77M | ﹤0.01% |
126,678
-129,763
| -51% | -$2.83M |
|