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 | |
|---|---|---|---|---|---|---|
|
FARO
1701
DELISTED
Faro Technologies
FARO
| $1.71M | ﹤0.01% |
38,332
-1,900
| -5% | -$84.6K |
|
1702
Astec Industries
ASTE
$1.09B
| $1.7M | ﹤0.01% |
48,728
-71,200
| -59% | -$2.49M |
|
1703
Coeur Mining
CDE
$10.8B
| $1.7M | ﹤0.01% |
530,851
+61,600
| +13% | +$198K |
|
1704
Golub Capital BDC
GBDC
$3.76B
| $1.7M | ﹤0.01% |
138,421
-3,422
| -2% | -$42.1K |
|
1705
Kornit Digital
KRNT
$651M
| $1.7M | ﹤0.01% |
68,417
-111,947
| -62% | -$2.79M |
|
1706
Innoviva
INVA
$1.24B
| $1.7M | ﹤0.01% |
144,499
-157,060
| -52% | -$1.85M |
|
|
FOE
1707
DELISTED
Ferro Corporation
FOE
| $1.7M | ﹤0.01% |
181,518
-53,848
| -23% | -$504K |
|
|
RAVN
1708
DELISTED
Raven Industries Inc
RAVN
| $1.69M | ﹤0.01% |
79,725
-14,200
| -15% | -$302K |
|
|
REGI
1709
DELISTED
Renewable Energy Group, Inc.
REGI
| $1.69M | ﹤0.01% |
82,281
+8,680
| +12% | +$178K |
|
|
RAD
1710
DELISTED
Rite Aid Corporation
RAD
| $1.69M | ﹤0.01% |
112,501
+6,200
| +6% | +$93K |
|
|
MODN
1711
DELISTED
MODEL N, INC.
MODN
| $1.69M | ﹤0.01% |
75,921
+11,000
| +17% | +$244K |
|
1712
BGC Group
BGC
$4.75B
| $1.68M | ﹤0.01% |
667,949
-10,700
| -2% | -$27K |
|
1713
Perdoceo Education
PRDO
$2.25B
| $1.68M | ﹤0.01% |
+155,871
| New | +$1.68M |
|
1714
Tenable Holdings
TENB
$3.58B
| $1.68M | ﹤0.01% |
76,800
+2,700
| +4% | +$59K |
|
1715
Matthews International
MATW
$779M
| $1.68M | ﹤0.01% |
69,305
+300
| +0.4% | +$7.26K |
|
1716
Columbia Financial
CLBK
$1.59B
| $1.67M | ﹤0.01% |
116,095
-4,400
| -4% | -$63.4K |
|
|
VNE
1717
DELISTED
Veoneer, Inc.
VNE
| $1.67M | ﹤0.01% |
228,300
-11,900
| -5% | -$87.1K |
|
1718
Pathward Financial
CASH
$1.71B
| $1.67M | ﹤0.01% |
76,835
-81,476
| -51% | -$1.77M |
|
1719
Trupanion
TRUP
$1.92B
| $1.67M | ﹤0.01% |
64,002
-2,500
| -4% | -$65.1K |
|
1720
Golar LNG
GLNG
$4.11B
| $1.66M | ﹤0.01% |
210,746
+3,500
| +2% | +$27.6K |
|
1721
Alector
ALEC
$286M
| $1.66M | ﹤0.01% |
68,793
+12,100
| +21% | +$292K |
|
|
BZUN
1722
Baozun
BZUN
$266M
| $1.66M | ﹤0.01% |
59,239
+907
| +2% | +$25.3K |
|
1723
AZZ Inc
AZZ
$3.5B
| $1.65M | ﹤0.01% |
58,774
-50,700
| -46% | -$1.43M |
|
|
CHCT
1724
Community Healthcare Trust
CHCT
$442M
| $1.65M | ﹤0.01% |
43,183
+5,415
| +14% | +$207K |
|
|
CBB
1725
DELISTED
Cincinnati Bell Inc.
CBB
| $1.65M | ﹤0.01% |
112,467
+19,986
| +22% | +$293K |
|