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 | |
|---|---|---|---|---|---|---|
1551
Veracyte
VCYT
$2.43B
| $4.37M | ﹤0.01% |
156,663
-32,656
| -17% | -$912K |
|
1552
Shenandoah Telecom
SHEN
$744M
| $4.37M | ﹤0.01% |
104,966
+10,469
| +11% | +$436K |
|
1553
Enterprise Financial Services Corp
EFSC
$2.24B
| $4.35M | ﹤0.01% |
90,219
+36,587
| +68% | +$1.76M |
|
1554
Natera
NTRA
$23.1B
| $4.34M | ﹤0.01% |
128,862
+25,113
| +24% | +$846K |
|
1555
Comfort Systems
FIX
$26.6B
| $4.33M | ﹤0.01% |
86,797
-1,942
| -2% | -$96.8K |
|
1556
Glaukos
GKOS
$4.75B
| $4.32M | ﹤0.01% |
79,300
+4,962
| +7% | +$270K |
|
|
NXRT
1557
NexPoint Residential Trust
NXRT
$858M
| $4.31M | ﹤0.01% |
95,776
+45,293
| +90% | +$2.04M |
|
|
RDFN
1558
DELISTED
Redfin
RDFN
| $4.31M | ﹤0.01% |
203,760
+41,060
| +25% | +$868K |
|
1559
Knowles
KN
$1.9B
| $4.3M | ﹤0.01% |
203,304
+10,379
| +5% | +$220K |
|
1560
Winnebago Industries
WGO
$949M
| $4.29M | ﹤0.01% |
80,955
+1,969
| +2% | +$104K |
|
1561
Enviri
NVRI
$983M
| $4.28M | ﹤0.01% |
185,850
+12,500
| +7% | +$288K |
|
1562
Innoviva
INVA
$1.22B
| $4.27M | ﹤0.01% |
301,559
+152,391
| +102% | +$2.16M |
|
1563
Central Pacific Financial
CPF
$826M
| $4.27M | ﹤0.01% |
144,305
+71,835
| +99% | +$2.13M |
|
1564
Westamerica Bancorp
WABC
$1.24B
| $4.27M | ﹤0.01% |
62,931
+4,114
| +7% | +$279K |
|
1565
American Woodmark
AMWD
$995M
| $4.26M | ﹤0.01% |
40,802
+8,316
| +26% | +$869K |
|
1566
MakeMyTrip
MMYT
$9.31B
| $4.26M | ﹤0.01% |
186,156
+104,910
| +129% | +$2.4M |
|
|
SWN
1567
DELISTED
Southwestern Energy Company
SWN
| $4.26M | ﹤0.01% |
1,759,389
+429,353
| +32% | +$1.04M |
|
1568
Ironwood Pharmaceuticals
IRWD
$213M
| $4.26M | ﹤0.01% |
319,800
+35,158
| +12% | +$468K |
|
1569
ProAssurance
PRA
$1.22B
| $4.26M | ﹤0.01% |
117,734
+18,957
| +19% | +$685K |
|
|
ROIC
1570
DELISTED
Retail Opportunity Investments Corp.
ROIC
| $4.24M | ﹤0.01% |
240,186
+23,497
| +11% | +$415K |
|
1571
ServisFirst Bancshares
SFBS
$4.57B
| $4.23M | ﹤0.01% |
112,330
+503
| +0.4% | +$19K |
|
1572
G-III Apparel Group
GIII
$1.12B
| $4.19M | ﹤0.01% |
125,174
+41,402
| +49% | +$1.39M |
|
1573
Evolent Health
EVH
$1.05B
| $4.19M | ﹤0.01% |
463,149
+439,149
| +1,830% | +$3.97M |
|
|
VRTU
1574
DELISTED
Virtusa Corporation
VRTU
| $4.19M | ﹤0.01% |
92,433
+7,816
| +9% | +$354K |
|
|
WW
1575
DELISTED
WW International
WW
| $4.19M | ﹤0.01% |
109,609
+6,700
| +7% | +$256K |
|