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 | |
|---|---|---|---|---|---|---|
1751
Compass Diversified
CODI
$527M
| $3.21M | ﹤0.01% |
129,104
+21,660
| +20% | +$539K |
|
|
SASR
1752
DELISTED
Sandy Spring Bancorp Inc
SASR
| $3.21M | ﹤0.01% |
84,744
-2,601
| -3% | -$98.5K |
|
|
RCM
1753
DELISTED
R1 RCM Inc. Common Stock
RCM
| $3.2M | ﹤0.01% |
246,436
-51,172
| -17% | -$664K |
|
|
ALLK
1754
DELISTED
Allakos
ALLK
| $3.19M | ﹤0.01% |
33,400
+24,235
| +264% | +$2.31M |
|
|
ADAM
1755
Adamas Trust, Inc. Common Stock
ADAM
$644M
| $3.18M | ﹤0.01% |
127,730
+12,966
| +11% | +$323K |
|
|
FSCT
1756
DELISTED
ForeScout Technologies, Inc. Common Stock
FSCT
| $3.17M | ﹤0.01% |
96,717
+12,025
| +14% | +$394K |
|
1757
Nelnet
NNI
$4.46B
| $3.17M | ﹤0.01% |
54,418
-14,735
| -21% | -$858K |
|
1758
Cal-Maine
CALM
$5.37B
| $3.16M | ﹤0.01% |
73,976
-1,335
| -2% | -$57.1K |
|
|
AVX
1759
DELISTED
AVX Corporation
AVX
| $3.16M | ﹤0.01% |
154,305
-10,000
| -6% | -$205K |
|
|
BBU
1760
Brookfield Business Partners
BBU
$2.4B
| $3.16M | ﹤0.01% |
+119,122
| New | +$3.16M |
|
1761
Helios Technologies
HLIO
$1.8B
| $3.15M | ﹤0.01% |
68,221
+7,800
| +13% | +$361K |
|
|
VCRA
1762
DELISTED
VOCERA COMMUNICATIONS, INC.
VCRA
| $3.15M | ﹤0.01% |
151,823
+96,023
| +172% | +$1.99M |
|
1763
Krystal Biotech
KRYS
$4.16B
| $3.15M | ﹤0.01% |
56,888
+43,409
| +322% | +$2.4M |
|
1764
Unitil
UTL
$827M
| $3.14M | ﹤0.01% |
50,817
+12,392
| +32% | +$766K |
|
1765
Lakeland Financial Corp
LKFN
$1.66B
| $3.14M | ﹤0.01% |
64,116
+7,533
| +13% | +$369K |
|
|
VAL
1766
DELISTED
Valaris plc Class A Ordinary Share
VAL
| $3.14M | ﹤0.01% |
478,100
+25,400
| +6% | +$167K |
|
1767
Tompkins Financial
TMP
$1B
| $3.13M | ﹤0.01% |
34,223
+300
| +0.9% | +$27.4K |
|
1768
Employers Holdings
EIG
$983M
| $3.12M | ﹤0.01% |
74,823
-7,612
| -9% | -$318K |
|
1769
ANI Pharmaceuticals
ANIP
$2.12B
| $3.12M | ﹤0.01% |
50,637
+30,897
| +157% | +$1.91M |
|
1770
Vanda Pharmaceuticals
VNDA
$266M
| $3.12M | ﹤0.01% |
190,176
+121,700
| +178% | +$2M |
|
|
INOV
1771
DELISTED
Inovalon Holdings, Inc. Class A Common Stock
INOV
| $3.12M | ﹤0.01% |
165,635
+19,912
| +14% | +$375K |
|
1772
Upland Software
UPLD
$71.6M
| $3.1M | ﹤0.01% |
86,926
+40,267
| +86% | +$1.44M |
|
|
MNR
1773
DELISTED
Monmouth Real Estate Investment Corp
MNR
| $3.1M | ﹤0.01% |
214,350
+17,634
| +9% | +$255K |
|
1774
Designer Brands
DBI
$225M
| $3.1M | ﹤0.01% |
197,146
+26,359
| +15% | +$415K |
|
|
INN
1775
Summit Hotel Properties
INN
$623M
| $3.1M | ﹤0.01% |
251,056
-7,003
| -3% | -$86.4K |
|