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 | |
|---|---|---|---|---|---|---|
1976
V2X
VVX
$1.7B
| $1.06M | ﹤0.01% |
25,601
-1,000
| -4% | -$41.4K |
|
|
RPT
1977
DELISTED
RPT Realty Common Shares of Beneficial Interest (MD)
RPT
| $1.06M | ﹤0.01% |
175,753
+7,800
| +5% | +$47K |
|
|
PGTI
1978
DELISTED
PGT, Inc.
PGTI
| $1.06M | ﹤0.01% |
126,204
-3,100
| -2% | -$26K |
|
1979
ADT
ADT
$7.24B
| $1.05M | ﹤0.01% |
243,853
-345,481
| -59% | -$1.49M |
|
1980
Camden National
CAC
$684M
| $1.05M | ﹤0.01% |
33,436
-200
| -0.6% | -$6.29K |
|
1981
IMAX
IMAX
$1.74B
| $1.05M | ﹤0.01% |
116,278
-9,700
| -8% | -$87.8K |
|
|
KRTX
1982
DELISTED
Karuna Therapeutics, Inc. Common Stock
KRTX
| $1.05M | ﹤0.01% |
14,589
+3,300
| +29% | +$238K |
|
|
DOYU
1983
DouYu International Holdings
DOYU
$231M
| $1.05M | ﹤0.01% |
16,346
+249
| +2% | +$16K |
|
1984
SLR Investment Corp
SLRC
$877M
| $1.05M | ﹤0.01% |
90,008
+3,420
| +4% | +$39.8K |
|
1985
TechTarget
TTGT
$427M
| $1.04M | ﹤0.01% |
50,582
+20,652
| +69% | +$425K |
|
1986
Center Bancorp
CNOB
$1.26B
| $1.04M | ﹤0.01% |
77,397
+423
| +0.5% | +$5.68K |
|
1987
1st Source
SRCE
$1.55B
| $1.04M | ﹤0.01% |
31,954
-6,474
| -17% | -$210K |
|
1988
Preferred Bank
PFBC
$1.16B
| $1.04M | ﹤0.01% |
30,595
-50,167
| -62% | -$1.7M |
|
1989
SpartanNash
SPTN
$897M
| $1.04M | ﹤0.01% |
72,245
+12,196
| +20% | +$175K |
|
1990
Tanger
SKT
$3.86B
| $1.03M | ﹤0.01% |
206,539
+7,231
| +4% | +$36.2K |
|
1991
PC Connection
CNXN
$1.6B
| $1.03M | ﹤0.01% |
24,955
-28,804
| -54% | -$1.19M |
|
|
SILK
1992
DELISTED
Silk Road Medical, Inc. Common Stock
SILK
| $1.03M | ﹤0.01% |
32,600
-29,284
| -47% | -$922K |
|
|
QADA
1993
DELISTED
QAD Inc.
QADA
| $1.03M | ﹤0.01% |
25,701
-5,962
| -19% | -$238K |
|
1994
CSP Inc
CSPI
$110M
| $1.03M | ﹤0.01% |
293,232
-139,674
| -32% | -$488K |
|
|
WIFI
1995
DELISTED
Boingo Wireless, Inc.
WIFI
| $1.03M | ﹤0.01% |
96,631
-91,300
| -49% | -$968K |
|
1996
Dine Brands
DIN
$368M
| $1.02M | ﹤0.01% |
35,650
-3,000
| -8% | -$86K |
|
1997
Brinker International
EAT
$6.84B
| $1.02M | ﹤0.01% |
85,098
-51,461
| -38% | -$618K |
|
1998
M/I Homes
MHO
$4.07B
| $1.02M | ﹤0.01% |
61,814
-1,800
| -3% | -$29.8K |
|
|
ECHO
1999
DELISTED
Echo Global Logistics, Inc.
ECHO
| $1.02M | ﹤0.01% |
59,849
+6,700
| +13% | +$114K |
|
2000
Tronox
TROX
$767M
| $1.01M | ﹤0.01% |
203,529
-50,400
| -20% | -$251K |
|