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 | |
|---|---|---|---|---|---|---|
1851
PennyMac Financial
PFSI
$6.44B
| $2.69M | ﹤0.01% |
79,010
+66,109
| +512% | +$2.25M |
|
1852
Groupon
GRPN
$923M
| $2.69M | ﹤0.01% |
56,165
+4,185
| +8% | +$200K |
|
1853
Barrett Business Services
BBSI
$1.2B
| $2.67M | ﹤0.01% |
118,200
-22,236
| -16% | -$503K |
|
1854
MACOM Technology Solutions
MTSI
$9.82B
| $2.67M | ﹤0.01% |
100,503
+15,500
| +18% | +$412K |
|
|
WAAS
1855
DELISTED
AquaVenture Holdings Limited
WAAS
| $2.67M | ﹤0.01% |
+98,552
| New | +$2.67M |
|
1856
PC Connection
CNXN
$1.6B
| $2.67M | ﹤0.01% |
53,759
+4,680
| +10% | +$232K |
|
1857
Yeti Holdings
YETI
$2.88B
| $2.67M | ﹤0.01% |
76,674
+19,352
| +34% | +$673K |
|
1858
Kearny Financial
KRNY
$412M
| $2.66M | ﹤0.01% |
192,409
+19,986
| +12% | +$276K |
|
|
ZUO
1859
DELISTED
Zuora, Inc.
ZUO
| $2.65M | ﹤0.01% |
184,907
+23,507
| +15% | +$337K |
|
1860
Allogene Therapeutics
ALLO
$251M
| $2.65M | ﹤0.01% |
101,900
+3,628
| +4% | +$94.2K |
|
1861
Inogen
INGN
$231M
| $2.65M | ﹤0.01% |
38,722
+3,000
| +8% | +$205K |
|
1862
Strategy Inc Common Stock Class A
MSTR
$94B
| $2.65M | ﹤0.01% |
185,490
-26,440
| -12% | -$377K |
|
1863
American Axle
AXL
$697M
| $2.64M | ﹤0.01% |
245,363
+37,600
| +18% | +$405K |
|
1864
Appian
APPN
$2.28B
| $2.64M | ﹤0.01% |
68,965
+10,308
| +18% | +$394K |
|
1865
Matthews International
MATW
$763M
| $2.63M | ﹤0.01% |
69,005
-5,148
| -7% | -$197K |
|
|
DRNA
1866
DELISTED
Dicerna Pharmaceuticals, Inc.
DRNA
| $2.63M | ﹤0.01% |
119,175
+16,500
| +16% | +$363K |
|
|
ANAT
1867
DELISTED
American National Group, Inc. Common Stock
ANAT
| $2.62M | ﹤0.01% |
22,297
-4,248
| -16% | -$500K |
|
1868
Heartland Express
HTLD
$656M
| $2.62M | ﹤0.01% |
124,545
-6,800
| -5% | -$143K |
|
|
FOCS
1869
DELISTED
Focus Financial Partners Inc. Class A
FOCS
| $2.62M | ﹤0.01% |
88,905
-1,200
| -1% | -$35.4K |
|
|
FTCH
1870
DELISTED
Farfetch Limited Class A Ordinary Shares
FTCH
| $2.61M | ﹤0.01% |
252,300
+42,300
| +20% | +$438K |
|
1871
Scholastic
SCHL
$691M
| $2.61M | ﹤0.01% |
67,757
-10,300
| -13% | -$396K |
|
1872
Theravance Biopharma
TBPH
$720M
| $2.61M | ﹤0.01% |
100,622
+18,656
| +23% | +$483K |
|
1873
Acushnet Holdings
GOLF
$4.38B
| $2.6M | ﹤0.01% |
80,114
+10,300
| +15% | +$335K |
|
|
ATRI
1874
DELISTED
Atrion Corp
ATRI
| $2.6M | ﹤0.01% |
3,465
-648
| -16% | -$487K |
|
1875
Criteo
CRTO
$1.15B
| $2.6M | ﹤0.01% |
150,123
+8,652
| +6% | +$150K |
|