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 |
SPDR S&P 500 ETF Trust
SPY
|
+$334M |
| 2 |
Alibaba
BABA
|
+$274M |
| 3 |
Verizon
VZ
|
+$224M |
| 4 |
iShares MSCI EAFE ETF
EFA
|
+$201M |
| 5 |
Amazon
AMZN
|
+$156M |
Top Sells
| 1 |
UnitedHealth
UNH
|
+$185M |
| 2 |
CELG
Celgene Corp
CELG
|
+$168M |
| 3 |
Procter & Gamble
PG
|
+$121M |
| 4 |
Honeywell
HON
|
+$109M |
| 5 |
Progressive
PGR
|
+$102M |
Sector Composition
| 1 | Technology | 17.56% |
| 2 | Financials | 15.02% |
| 3 | Healthcare | 12.83% |
| 4 | Consumer Discretionary | 9.96% |
| 5 | Consumer Staples | 8.54% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
MGLN
1526
DELISTED
Magellan Health Services, Inc.
MGLN
| $4.53M | ﹤0.01% |
57,830
+2,628
| +5% | +$206K |
|
1527
Hope Bancorp
HOPE
$1.4B
| $4.52M | ﹤0.01% |
304,391
-37,901
| -11% | -$563K |
|
1528
FormFactor
FORM
$2.32B
| $4.52M | ﹤0.01% |
174,120
+20,295
| +13% | +$527K |
|
1529
ePlus
PLUS
$1.97B
| $4.52M | ﹤0.01% |
107,144
+30,800
| +40% | +$1.3M |
|
|
VRE
1530
Veris Residential
VRE
$1.49B
| $4.51M | ﹤0.01% |
194,811
-12,882
| -6% | -$298K |
|
|
PDCE
1531
DELISTED
PDC Energy, Inc.
PDCE
| $4.5M | ﹤0.01% |
171,920
+44,989
| +35% | +$1.18M |
|
1532
Usana Health Sciences
USNA
$557M
| $4.49M | ﹤0.01% |
57,217
+32,087
| +128% | +$2.52M |
|
1533
Grocery Outlet
GO
$1.74B
| $4.49M | ﹤0.01% |
138,227
+103,416
| +297% | +$3.36M |
|
1534
Kinsale Capital Group
KNSL
$10.1B
| $4.48M | ﹤0.01% |
44,027
+6,176
| +16% | +$628K |
|
|
MDC
1535
DELISTED
M.D.C. Holdings, Inc.
MDC
| $4.47M | ﹤0.01% |
126,439
+8,488
| +7% | +$300K |
|
1536
Ambarella
AMBA
$3.43B
| $4.47M | ﹤0.01% |
73,745
+8,300
| +13% | +$503K |
|
1537
SITE Centers
SITC
$463M
| $4.46M | ﹤0.01% |
407,388
+25,937
| +7% | +$284K |
|
1538
Rush Enterprises Class A
RUSHA
$4.33B
| $4.45M | ﹤0.01% |
215,422
+52,317
| +32% | +$1.08M |
|
|
WBT
1539
DELISTED
Welbilt, Inc.
WBT
| $4.45M | ﹤0.01% |
285,113
+68,613
| +32% | +$1.07M |
|
1540
Bank of N.T. Butterfield & Son
NTB
$1.89B
| $4.45M | ﹤0.01% |
120,078
+18,833
| +19% | +$697K |
|
1541
Sleep Number
SNBR
$214M
| $4.44M | ﹤0.01% |
90,138
+28,441
| +46% | +$1.4M |
|
1542
Houlihan Lokey
HLI
$14.4B
| $4.43M | ﹤0.01% |
90,730
-11,786
| -11% | -$576K |
|
1543
Towne Bank
TOWN
$2.83B
| $4.42M | ﹤0.01% |
159,030
-21,578
| -12% | -$600K |
|
1544
Eagle Bancorp
EGBN
$615M
| $4.42M | ﹤0.01% |
90,914
+14,066
| +18% | +$684K |
|
|
SPWR
1545
DELISTED
SunPower Corporation Common Stock
SPWR
| $4.41M | ﹤0.01% |
863,891
-297,002
| -26% | -$1.52M |
|
|
PEGI
1546
DELISTED
Pattern Energy Group Inc. Class A
PEGI
| $4.41M | ﹤0.01% |
164,881
+66,935
| +68% | +$1.79M |
|
1547
Pilgrim's Pride
PPC
$10.4B
| $4.41M | ﹤0.01% |
134,659
-17,186
| -11% | -$562K |
|
1548
Badger Meter
BMI
$5.24B
| $4.39M | ﹤0.01% |
67,574
-543
| -0.8% | -$35.3K |
|
|
OPI
1549
Office Properties Income Trust
OPI
$40.8M
| $4.38M | ﹤0.01% |
136,340
+14,810
| +12% | +$476K |
|
1550
AeroVironment
AVAV
$12.1B
| $4.38M | ﹤0.01% |
70,953
+26,914
| +61% | +$1.66M |
|