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 |
Verizon
VZ
|
+$165M |
| 2 |
Oracle
ORCL
|
+$139M |
| 3 |
CME Group
CME
|
+$99.7M |
| 4 |
Gilead Sciences
GILD
|
+$94.9M |
| 5 |
Alphabet (Google) Class C
GOOG
|
+$94.2M |
Top Sells
| 1 |
SPDR S&P 500 ETF Trust
SPY
|
+$334M |
| 2 |
RTX Corp
RTX
|
+$289M |
| 3 |
iShares MSCI EAFE ETF
EFA
|
+$201M |
| 4 |
Alphabet (Google) Class A
GOOGL
|
+$192M |
| 5 |
Humana
HUM
|
+$149M |
Sector Composition
| 1 | Technology | 19.65% |
| 2 | Financials | 13.7% |
| 3 | Healthcare | 13.67% |
| 4 | Consumer Discretionary | 9.89% |
| 5 | Consumer Staples | 9.54% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
1951
Westlake Chemical Partners
WLKP
$763M
| $1.1M | ﹤0.01% |
74,404
-16,430
| -18% | -$243K |
|
1952
Phibro Animal Health
PAHC
$1.61B
| $1.1M | ﹤0.01% |
45,379
+1,100
| +2% | +$26.6K |
|
1953
Herc Holdings
HRI
$4.2B
| $1.1M | ﹤0.01% |
53,557
-2,600
| -5% | -$53.2K |
|
1954
Thermon Group Holdings
THR
$844M
| $1.09M | ﹤0.01% |
72,314
-1,700
| -2% | -$25.6K |
|
1955
Madrigal Pharmaceuticals
MDGL
$9.63B
| $1.09M | ﹤0.01% |
16,300
-200
| -1% | -$13.4K |
|
1956
Northfield Bancorp
NFBK
$492M
| $1.09M | ﹤0.01% |
97,163
-13,400
| -12% | -$150K |
|
1957
Criteo
CRTO
$1.15B
| $1.09M | ﹤0.01% |
136,455
-13,668
| -9% | -$109K |
|
1958
United Natural Foods
UNFI
$1.77B
| $1.09M | ﹤0.01% |
118,223
-2,096
| -2% | -$19.2K |
|
|
QUOT
1959
DELISTED
Quotient Technology Inc
QUOT
| $1.08M | ﹤0.01% |
166,760
-779,408
| -82% | -$5.07M |
|
1960
Liberty Latin America Class A
LILA
$1.5B
| $1.08M | ﹤0.01% |
109,150
+4,159
| +4% | +$41.2K |
|
1961
Antero Midstream
AM
$8.91B
| $1.08M | ﹤0.01% |
513,906
-16,300
| -3% | -$34.2K |
|
1962
Archrock
AROC
$4.29B
| $1.08M | ﹤0.01% |
286,555
-99,510
| -26% | -$374K |
|
1963
Range Resources
RRC
$8.41B
| $1.08M | ﹤0.01% |
471,778
-369,403
| -44% | -$843K |
|
1964
CorVel
CRVL
$4.39B
| $1.07M | ﹤0.01% |
59,088
-64,299
| -52% | -$1.17M |
|
|
HA
1965
DELISTED
Hawaiian Holdings, Inc.
HA
| $1.07M | ﹤0.01% |
102,918
-23,911
| -19% | -$250K |
|
|
SP
1966
DELISTED
SP Plus Corporation
SP
| $1.07M | ﹤0.01% |
51,667
-1,300
| -2% | -$27K |
|
1967
Stitch Fix
SFIX
$714M
| $1.07M | ﹤0.01% |
84,300
-15,000
| -15% | -$191K |
|
1968
Univest Financial
UVSP
$886M
| $1.07M | ﹤0.01% |
65,585
-1,600
| -2% | -$26.1K |
|
|
TCDA
1969
DELISTED
Tricida, Inc. Common Stock
TCDA
| $1.07M | ﹤0.01% |
48,541
-1,800
| -4% | -$39.6K |
|
|
CKH
1970
DELISTED
Seacor Holdings Inc.
CKH
| $1.07M | ﹤0.01% |
39,585
-2,100
| -5% | -$56.6K |
|
1971
Ennis
EBF
$463M
| $1.06M | ﹤0.01% |
56,610
-30,100
| -35% | -$565K |
|
1972
StealthGas
GASS
$271M
| $1.06M | ﹤0.01% |
531,715
-6,685
| -1% | -$13.4K |
|
1973
GrafTech
EAF
$261M
| $1.06M | ﹤0.01% |
13,079
-287
| -2% | -$23.3K |
|
1974
Enova International
ENVA
$2.88B
| $1.06M | ﹤0.01% |
73,267
-63,316
| -46% | -$918K |
|
|
HEES
1975
DELISTED
H&E Equipment Services
HEES
| $1.06M | ﹤0.01% |
72,245
+2,700
| +4% | +$39.7K |
|