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 | |
|---|---|---|---|---|---|---|
1576
Seacoast Banking Corp of Florida
SBCF
$2.68B
| $2.06M | ﹤0.01% |
112,277
-5,400
| -5% | -$98.9K |
|
1577
Installed Building Products
IBP
$7.07B
| $2.05M | ﹤0.01% |
51,465
-24,828
| -33% | -$990K |
|
1578
Carpenter Technology
CRS
$12B
| $2.05M | ﹤0.01% |
104,925
-64,610
| -38% | -$1.26M |
|
1579
Enerpac Tool Group
EPAC
$2.29B
| $2.04M | ﹤0.01% |
123,388
-87,205
| -41% | -$1.44M |
|
1580
Verra Mobility
VRRM
$3.89B
| $2.04M | ﹤0.01% |
285,838
-60,448
| -17% | -$432K |
|
1581
Mesa Laboratories
MLAB
$365M
| $2.04M | ﹤0.01% |
9,010
| – | – |
|
|
SVC
1582
Service Properties Trust
SVC
$484M
| $2.03M | ﹤0.01% |
376,557
+16,789
| +5% | +$90.6K |
|
1583
Hecla Mining
HL
$7.88B
| $2.03M | ﹤0.01% |
1,115,855
+57,500
| +5% | +$105K |
|
|
FTCH
1584
DELISTED
Farfetch Limited Class A Ordinary Shares
FTCH
| $2.03M | ﹤0.01% |
256,700
+4,400
| +2% | +$34.8K |
|
1585
First Commonwealth Financial
FCF
$1.82B
| $2.02M | ﹤0.01% |
221,335
-10,700
| -5% | -$97.8K |
|
1586
Lindsay Corp
LNN
$1.52B
| $2.02M | ﹤0.01% |
22,000
-1,100
| -5% | -$101K |
|
1587
ODP
ODP
$616M
| $2.02M | ﹤0.01% |
122,846
+3,856
| +3% | +$63.2K |
|
1588
Lakeland Financial Corp
LKFN
$1.65B
| $2.01M | ﹤0.01% |
54,783
-9,333
| -15% | -$343K |
|
1589
Bank of N.T. Butterfield & Son
NTB
$1.89B
| $2.01M | ﹤0.01% |
118,178
-1,900
| -2% | -$32.4K |
|
1590
Acushnet Holdings
GOLF
$4.38B
| $2.01M | ﹤0.01% |
78,214
-1,900
| -2% | -$48.9K |
|
1591
Heron Therapeutics
HRTX
$190M
| $2.01M | ﹤0.01% |
171,300
-107,436
| -39% | -$1.26M |
|
1592
LGI Homes
LGIH
$1.36B
| $2.01M | ﹤0.01% |
44,547
+800
| +2% | +$36.1K |
|
1593
Plug Power
PLUG
$1.81B
| $2.01M | ﹤0.01% |
567,537
+2,500
| +0.4% | +$8.85K |
|
1594
Steelcase
SCS
$1.94B
| $2M | ﹤0.01% |
202,992
-117,390
| -37% | -$1.16M |
|
1595
Supernus Pharmaceuticals
SUPN
$2.47B
| $2M | ﹤0.01% |
111,423
-41,958
| -27% | -$755K |
|
1596
Innovative Industrial Properties
IIPR
$1.61B
| $2M | ﹤0.01% |
26,363
-9,849
| -27% | -$748K |
|
|
BRKL
1597
DELISTED
Brookline Bancorp
BRKL
| $2M | ﹤0.01% |
177,366
-44,700
| -20% | -$504K |
|
1598
Yext
YEXT
$1.08B
| $2M | ﹤0.01% |
196,300
-3,800
| -2% | -$38.7K |
|
1599
First Busey Corp
BUSE
$2.18B
| $2M | ﹤0.01% |
116,829
-6,900
| -6% | -$118K |
|
1600
Enanta Pharmaceuticals
ENTA
$159M
| $2M | ﹤0.01% |
38,876
-36,716
| -49% | -$1.89M |
|