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 | |
|---|---|---|---|---|---|---|
1876
Anywhere Real Estate
HOUS
$800M
| $2.6M | ﹤0.01% |
268,695
+31,735
| +13% | +$307K |
|
1877
Encore Capital Group
ECPG
$1.02B
| $2.59M | ﹤0.01% |
73,244
+5,091
| +7% | +$180K |
|
1878
AtriCure
ATRC
$1.74B
| $2.59M | ﹤0.01% |
79,632
-967
| -1% | -$31.4K |
|
1879
SFL Corp
SFL
$1.06B
| $2.59M | ﹤0.01% |
178,015
+10,000
| +6% | +$145K |
|
1880
Warrior Met Coal
HCC
$3.04B
| $2.59M | ﹤0.01% |
122,399
-14,542
| -11% | -$307K |
|
|
NP
1881
DELISTED
Neenah, Inc. Common Stock
NP
| $2.59M | ﹤0.01% |
36,698
+3,753
| +11% | +$264K |
|
1882
IMAX
IMAX
$1.74B
| $2.57M | ﹤0.01% |
125,978
+6,100
| +5% | +$125K |
|
|
KBAL
1883
DELISTED
Kimball International
KBAL
| $2.57M | ﹤0.01% |
124,372
-33,957
| -21% | -$702K |
|
1884
Ternium
TX
$6.8B
| $2.57M | ﹤0.01% |
116,770
+13,464
| +13% | +$296K |
|
1885
Golub Capital BDC
GBDC
$3.93B
| $2.56M | ﹤0.01% |
141,843
+16,946
| +14% | +$306K |
|
|
NTUS
1886
DELISTED
Natus Medical Inc
NTUS
| $2.56M | ﹤0.01% |
77,541
+11,200
| +17% | +$369K |
|
1887
Stitch Fix
SFIX
$714M
| $2.55M | ﹤0.01% |
99,300
-1,464
| -1% | -$37.6K |
|
1888
Signet Jewelers
SIG
$3.73B
| $2.55M | ﹤0.01% |
117,186
+8,300
| +8% | +$180K |
|
1889
Funko
FNKO
$182M
| $2.54M | ﹤0.01% |
148,102
-67,764
| -31% | -$1.16M |
|
1890
Greif
GEF
$3.59B
| $2.54M | ﹤0.01% |
57,457
+8,965
| +18% | +$396K |
|
|
CAMP
1891
DELISTED
CalAmp Corp.
CAMP
| $2.53M | ﹤0.01% |
11,472
-4,117
| -26% | -$907K |
|
1892
Dillards
DDS
$8.97B
| $2.53M | ﹤0.01% |
34,378
-4,244
| -11% | -$312K |
|
|
RPT
1893
DELISTED
RPT Realty Common Shares of Beneficial Interest (MD)
RPT
| $2.53M | ﹤0.01% |
167,953
+23,136
| +16% | +$348K |
|
|
MODV
1894
DELISTED
ModivCare
MODV
| $2.53M | ﹤0.01% |
42,672
+22,818
| +115% | +$1.35M |
|
1895
e.l.f. Beauty
ELF
$7.67B
| $2.52M | ﹤0.01% |
156,231
+50,170
| +47% | +$809K |
|
1896
Standard Motor Products
SMP
$889M
| $2.51M | ﹤0.01% |
47,206
-7,782
| -14% | -$414K |
|
|
LTHM
1897
DELISTED
Livent Corporation
LTHM
| $2.51M | ﹤0.01% |
293,697
+49,297
| +20% | +$421K |
|
1898
CareDx
CDNA
$720M
| $2.5M | ﹤0.01% |
116,109
-35,645
| -23% | -$769K |
|
1899
M/I Homes
MHO
$4.07B
| $2.5M | ﹤0.01% |
63,614
+8,498
| +15% | +$334K |
|
|
SILK
1900
DELISTED
Silk Road Medical, Inc. Common Stock
SILK
| $2.5M | ﹤0.01% |
61,884
+54,276
| +713% | +$2.19M |
|