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 | |
|---|---|---|---|---|---|---|
1726
Stride
LRN
$6.09B
| $1.65M | ﹤0.01% |
87,284
-187,306
| -68% | -$3.53M |
|
1727
Tactile Systems Technology
TCMD
$302M
| $1.64M | ﹤0.01% |
40,906
-1,600
| -4% | -$64.3K |
|
1728
Encore Capital Group
ECPG
$1.03B
| $1.63M | ﹤0.01% |
69,844
-3,400
| -5% | -$79.5K |
|
|
ECOL
1729
DELISTED
US Ecology, Inc.
ECOL
| $1.63M | ﹤0.01% |
53,656
-8,500
| -14% | -$258K |
|
1730
Heritage Financial
HFWA
$823M
| $1.63M | ﹤0.01% |
81,479
-4,000
| -5% | -$80K |
|
|
NP
1731
DELISTED
Neenah, Inc. Common Stock
NP
| $1.63M | ﹤0.01% |
37,801
+1,103
| +3% | +$47.6K |
|
1732
Trinseo
TSE
$87M
| $1.63M | ﹤0.01% |
89,950
-9,118
| -9% | -$165K |
|
1733
Cheesecake Factory
CAKE
$2.81B
| $1.62M | ﹤0.01% |
94,667
-62,763
| -40% | -$1.07M |
|
1734
Usana Health Sciences
USNA
$550M
| $1.62M | ﹤0.01% |
27,962
-29,255
| -51% | -$1.69M |
|
1735
Western Midstream Partners
WES
$14.6B
| $1.61M | ﹤0.01% |
497,892
+45,500
| +10% | +$147K |
|
1736
10x Genomics
TXG
$1.61B
| $1.61M | ﹤0.01% |
25,815
+7,790
| +43% | +$486K |
|
1737
Primoris Services
PRIM
$6.7B
| $1.6M | ﹤0.01% |
100,792
+1,600
| +2% | +$25.4K |
|
1738
Upbound Group
UPBD
$1.58B
| $1.6M | ﹤0.01% |
112,936
-4,100
| -4% | -$58K |
|
1739
Virgin Galactic
SPCE
$187M
| $1.6M | ﹤0.01% |
5,400
+2,332
| +76% | +$689K |
|
|
GLUU
1740
DELISTED
Glu Mobile Inc.
GLUU
| $1.6M | ﹤0.01% |
253,612
-232,600
| -48% | -$1.46M |
|
|
MFA
1741
MFA Financial
MFA
$1.03B
| $1.59M | ﹤0.01% |
256,558
-10,167
| -4% | -$63K |
|
|
FBC
1742
DELISTED
Flagstar Bancorp, Inc. New
FBC
| $1.58M | ﹤0.01% |
79,888
-23,838
| -23% | -$473K |
|
1743
DHT Holdings
DHT
$2.05B
| $1.58M | ﹤0.01% |
206,307
-450,321
| -69% | -$3.45M |
|
1744
Materion
MTRN
$2.35B
| $1.58M | ﹤0.01% |
45,136
-38,638
| -46% | -$1.35M |
|
1745
Palomar
PLMR
$3.16B
| $1.58M | ﹤0.01% |
27,175
+20,600
| +313% | +$1.2M |
|
|
SWI
1746
DELISTED
SolarWinds Corporation Common Stock
SWI
| $1.57M | ﹤0.01% |
95,137
-2,276
| -2% | -$37.6K |
|
|
LTHM
1747
DELISTED
Livent Corporation
LTHM
| $1.57M | ﹤0.01% |
298,997
+5,300
| +2% | +$27.8K |
|
|
FOCS
1748
DELISTED
Focus Financial Partners Inc. Class A
FOCS
| $1.57M | ﹤0.01% |
68,239
-20,666
| -23% | -$475K |
|
1749
Photronics
PLAB
$1.35B
| $1.57M | ﹤0.01% |
152,963
-324,896
| -68% | -$3.33M |
|
1750
National Bank Holdings
NBHC
$1.45B
| $1.57M | ﹤0.01% |
65,559
-3,300
| -5% | -$78.9K |
|