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 | |
|---|---|---|---|---|---|---|
|
BBT
1651
Beacon Financial Corporation
BBT
$2.17B
| $3.66M | ﹤0.01% |
111,289
-13,263
| -11% | -$436K |
|
|
BRKL
1652
DELISTED
Brookline Bancorp
BRKL
| $3.66M | ﹤0.01% |
222,066
-40,872
| -16% | -$673K |
|
1653
US Physical Therapy
USPH
$1.22B
| $3.66M | ﹤0.01% |
31,959
-7,212
| -18% | -$825K |
|
1654
Zoom
ZM
$25.1B
| $3.65M | ﹤0.01% |
53,670
+8,845
| +20% | +$602K |
|
|
EVOP
1655
DELISTED
EVO Payments, Inc. Class A Common Stock
EVOP
| $3.65M | ﹤0.01% |
138,130
+62,990
| +84% | +$1.66M |
|
1656
Columbus McKinnon
CMCO
$415M
| $3.65M | ﹤0.01% |
91,064
+40,228
| +79% | +$1.61M |
|
|
DEA
1657
Easterly Government Properties
DEA
$1.07B
| $3.64M | ﹤0.01% |
61,370
+6,902
| +13% | +$409K |
|
1658
Supernus Pharmaceuticals
SUPN
$2.55B
| $3.64M | ﹤0.01% |
153,381
+49,908
| +48% | +$1.18M |
|
1659
iRhythm Technologies
IRTC
$5.78B
| $3.63M | ﹤0.01% |
53,300
+6,600
| +14% | +$449K |
|
|
UNIT
1660
Uniti Group
UNIT
$1.71B
| $3.62M | ﹤0.01% |
440,517
+51,525
| +13% | +$423K |
|
1661
Safety Insurance
SAFT
$1.1B
| $3.61M | ﹤0.01% |
38,969
+5,637
| +17% | +$522K |
|
1662
Merit Medical Systems
MMSI
$5.07B
| $3.6M | ﹤0.01% |
115,299
-1,514
| -1% | -$47.3K |
|
|
ECOL
1663
DELISTED
US Ecology, Inc.
ECOL
| $3.6M | ﹤0.01% |
62,156
+380
| +0.6% | +$22K |
|
1664
Seacoast Banking Corp of Florida
SBCF
$2.71B
| $3.6M | ﹤0.01% |
117,677
+13,331
| +13% | +$407K |
|
1665
CorVel
CRVL
$4.39B
| $3.59M | ﹤0.01% |
123,387
+43,743
| +55% | +$1.27M |
|
1666
Viper Energy
VNOM
$6.51B
| $3.59M | ﹤0.01% |
145,542
+11,010
| +8% | +$272K |
|
1667
Hecla Mining
HL
$7.51B
| $3.59M | ﹤0.01% |
1,058,355
+165,984
| +19% | +$563K |
|
|
GCP
1668
DELISTED
GCP Applied Technologies Inc.
GCP
| $3.58M | ﹤0.01% |
157,805
+24,450
| +18% | +$555K |
|
1669
FTAI Aviation
FTAI
$17.6B
| $3.58M | ﹤0.01% |
214,606
+24,028
| +13% | +$401K |
|
|
INST
1670
DELISTED
Instructure, Inc.
INST
| $3.57M | ﹤0.01% |
74,098
+7,968
| +12% | +$384K |
|
1671
La-Z-Boy
LZB
$1.39B
| $3.55M | ﹤0.01% |
112,872
-12,650
| -10% | -$398K |
|
1672
Veritex Holdings
VBTX
$1.88B
| $3.55M | ﹤0.01% |
121,929
+8,043
| +7% | +$234K |
|
|
RUTH
1673
DELISTED
Ruth's Hospitality Group, Inc.
RUTH
| $3.55M | ﹤0.01% |
163,104
+55,516
| +52% | +$1.21M |
|
1674
Light & Wonder
LNW
$7.48B
| $3.54M | ﹤0.01% |
132,074
+16,654
| +14% | +$446K |
|
1675
Genesco
GCO
$358M
| $3.54M | ﹤0.01% |
73,795
+30,409
| +70% | +$1.46M |
|