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 | |
|---|---|---|---|---|---|---|
1751
United Fire Group
UFCS
$809M
| $1.57M | ﹤0.01% |
48,057
-3,900
| -8% | -$127K |
|
|
ITCI
1752
DELISTED
Intra-Cellular Therapies Inc.
ITCI
| $1.56M | ﹤0.01% |
101,348
+12,948
| +15% | +$199K |
|
1753
Piper Sandler
PIPR
$6.14B
| $1.56M | ﹤0.01% |
30,781
-29,332
| -49% | -$1.48M |
|
|
DLPH
1754
DELISTED
Delphi Technologies PLC Ordinary Shares
DLPH
| $1.56M | ﹤0.01% |
193,197
-700
| -0.4% | -$5.63K |
|
1755
Adeia
ADEA
$1.7B
| $1.55M | ﹤0.01% |
421,081
-66,906
| -14% | -$246K |
|
1756
Medifast
MED
$156M
| $1.54M | ﹤0.01% |
24,701
-9,700
| -28% | -$606K |
|
1757
Veritex Holdings
VBTX
$1.87B
| $1.54M | ﹤0.01% |
110,229
-11,700
| -10% | -$163K |
|
1758
FTAI Aviation
FTAI
$17.7B
| $1.54M | ﹤0.01% |
219,606
+5,000
| +2% | +$35K |
|
1759
Twist Bioscience
TWST
$1.55B
| $1.53M | ﹤0.01% |
50,108
| – | – |
|
1760
Atlanta Braves Holdings Series B
BATRK
$2.6B
| $1.53M | ﹤0.01% |
80,166
-4,100
| -5% | -$78.1K |
|
|
BBT
1761
Beacon Financial Corporation
BBT
$2.14B
| $1.53M | ﹤0.01% |
102,689
-8,600
| -8% | -$128K |
|
|
TARO
1762
DELISTED
Taro Pharmaceutical Industries Ltd.
TARO
| $1.52M | ﹤0.01% |
24,881
-8,060
| -24% | -$493K |
|
|
SAFE
1763
DELISTED
Safehold Inc.
SAFE
| $1.52M | ﹤0.01% |
+24,060
| New | +$1.52M |
|
1764
NETGEAR
NTGR
$845M
| $1.52M | ﹤0.01% |
66,469
-1,300
| -2% | -$29.7K |
|
1765
German American Bancorp
GABC
$1.53B
| $1.51M | ﹤0.01% |
55,083
-1,300
| -2% | -$35.7K |
|
1766
PagerDuty
PD
$1.49B
| $1.51M | ﹤0.01% |
87,500
+28,800
| +49% | +$498K |
|
1767
Enterprise Financial Services Corp
EFSC
$2.21B
| $1.51M | ﹤0.01% |
54,057
-36,162
| -40% | -$1.01M |
|
1768
Seaboard Corp
SEB
$3.73B
| $1.51M | ﹤0.01% |
535
+10
| +2% | +$28.1K |
|
1769
First Bancorp
FBNC
$2.26B
| $1.5M | ﹤0.01% |
65,156
-3,100
| -5% | -$71.6K |
|
1770
Transocean
RIG
$3.14B
| $1.5M | ﹤0.01% |
1,295,904
+19,100
| +1% | +$22.2K |
|
1771
Sangamo Therapeutics
SGMO
$151M
| $1.49M | ﹤0.01% |
234,200
-4,800
| -2% | -$30.6K |
|
1772
Kearny Financial
KRNY
$407M
| $1.49M | ﹤0.01% |
173,309
-19,100
| -10% | -$164K |
|
|
RTL
1773
DELISTED
The Necessity Retail REIT, Inc. Class A Common Stock
RTL
| $1.49M | ﹤0.01% |
237,792
+10,400
| +5% | +$65K |
|
|
WBT
1774
DELISTED
Welbilt, Inc.
WBT
| $1.48M | ﹤0.01% |
289,313
+4,200
| +1% | +$21.5K |
|
|
IGMS
1775
DELISTED
IGM Biosciences
IGMS
| $1.48M | ﹤0.01% |
26,382
+6,905
| +35% | +$388K |
|