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 | |
|---|---|---|---|---|---|---|
1826
Sonic Automotive
SAH
$2.73B
| $2.83M | ﹤0.01% |
91,114
+39,565
| +77% | +$1.23M |
|
|
TWOU
1827
DELISTED
2U, Inc.
TWOU
| $2.82M | ﹤0.01% |
3,923
+533
| +16% | +$384K |
|
|
TVTY
1828
DELISTED
Tivity Health, Inc. Common Stock
TVTY
| $2.82M | ﹤0.01% |
138,632
+44,553
| +47% | +$906K |
|
|
CVET
1829
DELISTED
Covetrus, Inc. Common Stock
CVET
| $2.82M | ﹤0.01% |
213,268
+32,700
| +18% | +$432K |
|
|
QEP
1830
DELISTED
QEP RESOURCES, INC.
QEP
| $2.81M | ﹤0.01% |
625,271
+36,888
| +6% | +$166K |
|
1831
MidCap Financial Investment
MFIC
$1.16B
| $2.81M | ﹤0.01% |
161,047
+8,384
| +5% | +$146K |
|
|
AHH
1832
Armada Hoffler Properties
AHH
$596M
| $2.81M | ﹤0.01% |
152,995
+36,839
| +32% | +$676K |
|
|
CMO
1833
DELISTED
Capstead Mortgage Corp.
CMO
| $2.8M | ﹤0.01% |
353,589
+153,947
| +77% | +$1.22M |
|
1834
Schneider National
SNDR
$4.18B
| $2.79M | ﹤0.01% |
128,014
+15,408
| +14% | +$336K |
|
1835
Federal Agricultural Mortgage
AGM
$2.15B
| $2.78M | ﹤0.01% |
33,338
-8,414
| -20% | -$703K |
|
1836
Granite Construction
GVA
$4.7B
| $2.78M | ﹤0.01% |
100,550
+2,565
| +3% | +$71K |
|
|
BPFH
1837
DELISTED
Boston Private Financial Holdings, Inc.
BPFH
| $2.78M | ﹤0.01% |
230,985
+19,023
| +9% | +$229K |
|
1838
Southside Bancshares
SBSI
$916M
| $2.78M | ﹤0.01% |
74,803
+1,700
| +2% | +$63.1K |
|
1839
Dynatrace
DT
$14.8B
| $2.76M | ﹤0.01% |
108,894
+94,956
| +681% | +$2.4M |
|
1840
SM Energy
SM
$3.07B
| $2.76M | ﹤0.01% |
245,138
+25,800
| +12% | +$290K |
|
|
GTY
1841
Getty Realty Corp
GTY
$1.6B
| $2.75M | ﹤0.01% |
83,696
-11,593
| -12% | -$381K |
|
1842
Herc Holdings
HRI
$4.2B
| $2.75M | ﹤0.01% |
56,157
+3,776
| +7% | +$185K |
|
1843
Innovative Industrial Properties
IIPR
$1.6B
| $2.75M | ﹤0.01% |
36,212
+6,709
| +23% | +$509K |
|
|
FSP
1844
Franklin Street Properties
FSP
$174M
| $2.74M | ﹤0.01% |
320,376
+117,569
| +58% | +$1.01M |
|
|
RESI
1845
DELISTED
Front Yard Residential Corporation Common Stock
RESI
| $2.74M | ﹤0.01% |
222,157
+106,951
| +93% | +$1.32M |
|
1846
First Bancorp
FBNC
$2.29B
| $2.72M | ﹤0.01% |
68,256
+1,500
| +2% | +$59.9K |
|
1847
MRC Global
MRC
$1.23B
| $2.72M | ﹤0.01% |
199,420
+13,900
| +7% | +$190K |
|
|
MTSC
1848
DELISTED
MTS Systems Corp
MTSC
| $2.72M | ﹤0.01% |
56,573
+19,350
| +52% | +$929K |
|
|
CSW
1849
CSW Industrials, Inc.
CSW
$4.2B
| $2.71M | ﹤0.01% |
35,129
+946
| +3% | +$72.8K |
|
1850
Douglas Dynamics
PLOW
$752M
| $2.7M | ﹤0.01% |
49,045
+5,237
| +12% | +$288K |
|