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 | |
|---|---|---|---|---|---|---|
1701
Calavo Growers
CVGW
$489M
| $3.43M | ﹤0.01% |
37,899
+3,214
| +9% | +$291K |
|
1702
Chewy
CHWY
$14.4B
| $3.42M | ﹤0.01% |
118,037
+18,100
| +18% | +$525K |
|
1703
Moelis & Co
MC
$5.54B
| $3.42M | ﹤0.01% |
107,247
-14,858
| -12% | -$474K |
|
|
FIT
1704
DELISTED
Fitbit, Inc. Class A common stock
FIT
| $3.42M | ﹤0.01% |
519,801
+61,203
| +13% | +$402K |
|
1705
DNOW Inc
DNOW
$1.6B
| $3.41M | ﹤0.01% |
303,256
+2,900
| +1% | +$32.6K |
|
1706
S&T Bancorp
STBA
$1.5B
| $3.41M | ﹤0.01% |
84,548
-2,694
| -3% | -$109K |
|
|
WLL
1707
DELISTED
Whiting Petroleum Corporation
WLL
| $3.4M | ﹤0.01% |
6,183
+3,934
| +175% | +$2.17M |
|
1708
First Busey Corp
BUSE
$2.19B
| $3.4M | ﹤0.01% |
123,729
-10,419
| -8% | -$287K |
|
|
ILPT
1709
Industrial Logistics Properties Trust
ILPT
$424M
| $3.4M | ﹤0.01% |
151,795
+17,596
| +13% | +$394K |
|
1710
Kforce
KFRC
$567M
| $3.39M | ﹤0.01% |
85,479
+22,010
| +35% | +$874K |
|
|
SAFE
1711
Safehold
SAFE
$1.18B
| $3.39M | ﹤0.01% |
47,982
+182
| +0.4% | +$12.9K |
|
1712
Dave & Buster's
PLAY
$817M
| $3.39M | ﹤0.01% |
84,305
-2,726
| -3% | -$110K |
|
1713
ArcBest
ARCB
$1.6B
| $3.39M | ﹤0.01% |
122,686
+71,478
| +140% | +$1.97M |
|
1714
Esperion Therapeutics
ESPR
$573M
| $3.38M | ﹤0.01% |
56,715
+10,602
| +23% | +$632K |
|
|
EGRX
1715
DELISTED
Eagle Pharmaceuticals, Inc.
EGRX
| $3.38M | ﹤0.01% |
56,274
+51,395
| +1,053% | +$3.09M |
|
1716
Upbound Group
UPBD
$1.45B
| $3.38M | ﹤0.01% |
117,036
-20,125
| -15% | -$580K |
|
1717
Core Laboratories
CLB
$581M
| $3.37M | ﹤0.01% |
89,558
+6,662
| +8% | +$251K |
|
|
AIMT
1718
DELISTED
Aimmune Therapeutics, Inc.
AIMT
| $3.37M | ﹤0.01% |
100,803
+18,500
| +22% | +$619K |
|
1719
Green Dot
GDOT
$751M
| $3.37M | ﹤0.01% |
144,619
+40,515
| +39% | +$944K |
|
1720
First Commonwealth Financial
FCF
$1.84B
| $3.37M | ﹤0.01% |
232,035
-36,591
| -14% | -$531K |
|
1721
Apellis Pharmaceuticals
APLS
$3.14B
| $3.37M | ﹤0.01% |
109,899
+20,354
| +23% | +$623K |
|
1722
STAAR Surgical
STAA
$1.37B
| $3.36M | ﹤0.01% |
95,600
+11,600
| +14% | +$408K |
|
1723
TriCo Bancshares
TCBK
$1.48B
| $3.36M | ﹤0.01% |
82,225
+22,279
| +37% | +$909K |
|
|
NAV
1724
DELISTED
Navistar International
NAV
| $3.35M | ﹤0.01% |
115,673
+13,200
| +13% | +$382K |
|
|
CEQP
1725
DELISTED
Crestwood Equity Partners LP
CEQP
| $3.34M | ﹤0.01% |
108,350
-4,751
| -4% | -$146K |
|