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 | |
|---|---|---|---|---|---|---|
1801
Golar LNG
GLNG
$4.16B
| $2.95M | ﹤0.01% |
207,246
+31,800
| +18% | +$452K |
|
1802
Regenxbio
RGNX
$465M
| $2.95M | ﹤0.01% |
71,900
+8,600
| +14% | +$352K |
|
|
GLUU
1803
DELISTED
Glu Mobile Inc.
GLUU
| $2.94M | ﹤0.01% |
486,212
-78,500
| -14% | -$475K |
|
|
AVTA
1804
DELISTED
Avantax, Inc. Common Stock
AVTA
| $2.94M | ﹤0.01% |
112,512
+13,113
| +13% | +$343K |
|
1805
Tanger
SKT
$3.86B
| $2.94M | ﹤0.01% |
199,308
+7,422
| +4% | +$109K |
|
|
COWN
1806
DELISTED
Cowen Inc. Class A Common Stock
COWN
| $2.93M | ﹤0.01% |
186,179
+139,124
| +296% | +$2.19M |
|
|
CCXI
1807
DELISTED
ChemoCentryx, Inc.
CCXI
| $2.93M | ﹤0.01% |
74,100
+27,974
| +61% | +$1.11M |
|
|
TGI
1808
DELISTED
Triumph Group
TGI
| $2.93M | ﹤0.01% |
115,848
+13,000
| +13% | +$328K |
|
|
JAG
1809
DELISTED
Jagged Peak Energy Inc.
JAG
| $2.91M | ﹤0.01% |
342,902
+307,462
| +868% | +$2.61M |
|
1810
NGL Energy Partners
NGL
$740M
| $2.9M | ﹤0.01% |
255,957
+40,700
| +19% | +$462K |
|
1811
Tronox
TROX
$767M
| $2.9M | ﹤0.01% |
253,929
+4,260
| +2% | +$48.7K |
|
1812
Acco Brands
ACCO
$361M
| $2.9M | ﹤0.01% |
309,715
+84,736
| +38% | +$793K |
|
|
TARO
1813
DELISTED
Taro Pharmaceutical Industries Ltd.
TARO
| $2.9M | ﹤0.01% |
32,941
-8,685
| -21% | -$764K |
|
1814
Yext
YEXT
$1.07B
| $2.89M | ﹤0.01% |
200,100
+7,398
| +4% | +$107K |
|
1815
Axcelis
ACLS
$2.69B
| $2.88M | ﹤0.01% |
119,483
-13,775
| -10% | -$332K |
|
1816
Alamo Group
ALG
$2.49B
| $2.88M | ﹤0.01% |
22,933
+430
| +2% | +$54K |
|
|
MIME
1817
DELISTED
Mimecast Limited
MIME
| $2.87M | ﹤0.01% |
66,244
+7,800
| +13% | +$338K |
|
1818
Tactile Systems Technology
TCMD
$301M
| $2.87M | ﹤0.01% |
42,506
+4,847
| +13% | +$327K |
|
1819
Comtech Telecommunications
CMTL
$69.1M
| $2.87M | ﹤0.01% |
80,744
+48,700
| +152% | +$1.73M |
|
|
NEX
1820
DELISTED
NexTier Oilfield Solutions Inc.
NEX
| $2.86M | ﹤0.01% |
426,563
+218,308
| +105% | +$1.46M |
|
1821
Lantheus
LNTH
$3.6B
| $2.86M | ﹤0.01% |
139,212
+31,678
| +29% | +$650K |
|
1822
James River Group
JRVR
$244M
| $2.85M | ﹤0.01% |
69,239
-2,490
| -3% | -$103K |
|
1823
QuinStreet
QNST
$930M
| $2.84M | ﹤0.01% |
185,722
-27,550
| -13% | -$422K |
|
1824
OFG Bancorp
OFG
$1.95B
| $2.83M | ﹤0.01% |
119,748
+1,907
| +2% | +$45K |
|
1825
CSP Inc
CSPI
$110M
| $2.83M | ﹤0.01% |
432,906
| – | – |
|