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 | |
|---|---|---|---|---|---|---|
|
SRG
1776
Seritage Growth Properties
SRG
$237M
| $3.1M | ﹤0.01% |
77,280
+9,100
| +13% | +$365K |
|
1777
Hamilton Lane
HLNE
$6.53B
| $3.09M | ﹤0.01% |
51,914
-8,984
| -15% | -$535K |
|
1778
LGI Homes
LGIH
$1.39B
| $3.09M | ﹤0.01% |
43,747
+2,534
| +6% | +$179K |
|
1779
Dycom Industries
DY
$7.47B
| $3.08M | ﹤0.01% |
65,300
+8,000
| +14% | +$377K |
|
1780
Hercules Capital
HTGC
$3.53B
| $3.08M | ﹤0.01% |
219,600
-8,200
| -4% | -$115K |
|
1781
Tencent Music
TME
$38.5B
| $3.08M | ﹤0.01% |
262,241
+46,368
| +21% | +$544K |
|
|
MDP
1782
DELISTED
Meredith Corporation
MDP
| $3.08M | ﹤0.01% |
94,731
-12,286
| -11% | -$399K |
|
1783
Universal Insurance Holdings
UVE
$719M
| $3.06M | ﹤0.01% |
109,215
+24,291
| +29% | +$680K |
|
1784
Brookdale Senior Living
BKD
$1.78B
| $3.04M | ﹤0.01% |
418,362
+76,500
| +22% | +$556K |
|
|
ITCI
1785
DELISTED
Intra-Cellular Therapies Inc.
ITCI
| $3.03M | ﹤0.01% |
88,400
+18,300
| +26% | +$628K |
|
|
RTL
1786
DELISTED
The Necessity Retail REIT, Inc. Class A Common Stock
RTL
| $3.02M | ﹤0.01% |
227,392
+29,300
| +15% | +$388K |
|
1787
CNA Financial
CNA
$12.9B
| $3.01M | ﹤0.01% |
67,232
-10,113
| -13% | -$453K |
|
1788
OceanFirst Financial
OCFC
$1.04B
| $3.01M | ﹤0.01% |
117,952
+13,200
| +13% | +$337K |
|
1789
Dorian LPG
LPG
$1.35B
| $3.01M | ﹤0.01% |
194,369
+87,900
| +83% | +$1.36M |
|
1790
Sixth Street Specialty
TSLX
$2.32B
| $3M | ﹤0.01% |
139,800
-6,000
| -4% | -$129K |
|
|
ALTR
1791
DELISTED
Altair Engineering Inc. Class A Common Stock
ALTR
| $3M | ﹤0.01% |
83,600
+3,264
| +4% | +$117K |
|
1792
Central Garden & Pet Class A
CENTA
$2.03B
| $3M | ﹤0.01% |
127,589
-13,054
| -9% | -$307K |
|
|
KNL
1793
DELISTED
Knoll, Inc.
KNL
| $3M | ﹤0.01% |
118,631
-7,322
| -6% | -$185K |
|
1794
iRobot
IRBT
$107M
| $2.99M | ﹤0.01% |
59,100
+1,997
| +3% | +$101K |
|
|
PRSU
1795
Pursuit Attractions and Hospitality, Inc.
PRSU
$1.04B
| $2.99M | ﹤0.01% |
44,283
-617
| -1% | -$41.6K |
|
|
CBPX
1796
DELISTED
CONTINENTAL BUILDING PRODUCTS, INC.
CBPX
| $2.98M | ﹤0.01% |
81,853
-15,495
| -16% | -$565K |
|
1797
Sonos
SONO
$1.83B
| $2.97M | ﹤0.01% |
190,152
+5,833
| +3% | +$91.1K |
|
1798
Magnolia Oil & Gas
MGY
$4.41B
| $2.96M | ﹤0.01% |
235,611
+26,595
| +13% | +$335K |
|
1799
Suburban Propane Partners
SPH
$1.21B
| $2.96M | ﹤0.01% |
135,550
+21,200
| +19% | +$463K |
|
1800
AMERISAFE
AMSF
$841M
| $2.96M | ﹤0.01% |
44,746
-1,604
| -3% | -$106K |
|