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 | |
|---|---|---|---|---|---|---|
|
TPTX
1401
DELISTED
Turning Point Therapeutics, Inc. Common Stock
TPTX
| $2.76M | ﹤0.01% |
61,743
-11,909
| -16% | -$532K |
|
1402
AMERISAFE
AMSF
$812M
| $2.74M | ﹤0.01% |
42,546
-2,200
| -5% | -$142K |
|
1403
Towne Bank
TOWN
$2.78B
| $2.74M | ﹤0.01% |
151,643
-7,387
| -5% | -$134K |
|
|
CSII
1404
DELISTED
Cardiovascular Systems, Inc.
CSII
| $2.74M | ﹤0.01% |
77,737
-2,900
| -4% | -$102K |
|
|
VNET
1405
VNET Group
VNET
$2.53B
| $2.74M | ﹤0.01% |
197,430
+2,448
| +1% | +$33.9K |
|
|
ARGO
1406
DELISTED
Argo Group International Holdings, Ltd.
ARGO
| $2.74M | ﹤0.01% |
73,826
-23,810
| -24% | -$882K |
|
|
LTC
1407
LTC Properties
LTC
$1.67B
| $2.73M | ﹤0.01% |
88,362
-4,380
| -5% | -$135K |
|
|
AAT
1408
American Assets Trust
AAT
$1.26B
| $2.71M | ﹤0.01% |
108,252
+7,200
| +7% | +$180K |
|
1409
8x8 Inc
EGHT
$280M
| $2.71M | ﹤0.01% |
195,200
-10,139
| -5% | -$141K |
|
1410
Tri Pointe Homes
TPH
$3.05B
| $2.7M | ﹤0.01% |
308,265
-1,400
| -0.5% | -$12.3K |
|
|
FLOW
1411
DELISTED
SPX FLOW, Inc.
FLOW
| $2.7M | ﹤0.01% |
95,031
+1,434
| +2% | +$40.8K |
|
|
EPZM
1412
DELISTED
Epizyme, Inc
EPZM
| $2.7M | ﹤0.01% |
174,092
-81,340
| -32% | -$1.26M |
|
|
INOV
1413
DELISTED
Inovalon Holdings, Inc. Class A Common Stock
INOV
| $2.7M | ﹤0.01% |
162,036
-3,599
| -2% | -$60K |
|
1414
Wolverine World Wide
WWW
$2.43B
| $2.7M | ﹤0.01% |
177,380
-9,400
| -5% | -$143K |
|
|
XHR
1415
Xenia Hotels & Resorts
XHR
$1.41B
| $2.7M | ﹤0.01% |
261,647
-179,422
| -41% | -$1.85M |
|
1416
Nu Skin
NUS
$585M
| $2.69M | ﹤0.01% |
122,969
+1,800
| +1% | +$39.3K |
|
1417
Global Net Lease
GNL
$1.8B
| $2.68M | ﹤0.01% |
200,665
-5,175
| -3% | -$69.2K |
|
|
GWB
1418
DELISTED
Great Western Bancorp, Inc.
GWB
| $2.68M | ﹤0.01% |
130,709
-5,844
| -4% | -$120K |
|
1419
Tencent Music
TME
$38.7B
| $2.67M | ﹤0.01% |
265,636
+3,395
| +1% | +$34.2K |
|
|
SAIL
1420
DELISTED
SailPoint Technologies Holdings, Inc. Common Stock
SAIL
| $2.66M | ﹤0.01% |
174,800
+2,900
| +2% | +$44.1K |
|
1421
B&G Foods
BGS
$357M
| $2.66M | ﹤0.01% |
147,000
-68,280
| -32% | -$1.24M |
|
1422
First Bancorp
FBP
$3.46B
| $2.65M | ﹤0.01% |
498,400
-199,799
| -29% | -$1.06M |
|
1423
Delek US
DK
$1.76B
| $2.65M | ﹤0.01% |
168,098
-50,450
| -23% | -$795K |
|
1424
Workiva
WK
$4.37B
| $2.65M | ﹤0.01% |
81,923
-27,094
| -25% | -$876K |
|
1425
Laureate Education
LAUR
$4.3B
| $2.65M | ﹤0.01% |
251,951
-38,297
| -13% | -$403K |
|