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 |
ATVI
Activision Blizzard Inc.
ATVI
|
+$217M |
| 2 |
T-Mobile US
TMUS
|
+$208M |
| 3 |
Electronic Arts
EA
|
+$208M |
| 4 |
Amazon
AMZN
|
+$205M |
| 5 |
Microsoft
MSFT
|
+$193M |
Top Sells
| 1 |
Realty Income
O
|
+$110M |
| 2 |
Healthpeak Properties
DOC
|
+$86.3M |
| 3 |
Hartford Financial Services
HIG
|
+$63.5M |
| 4 |
Annaly Capital Management
NLY
|
+$62.7M |
| 5 |
W.P. Carey
WPC
|
+$51.3M |
Sector Composition
| 1 | Technology | 21.87% |
| 2 | Healthcare | 14.17% |
| 3 | Financials | 12.05% |
| 4 | Consumer Discretionary | 11.93% |
| 5 | Communication Services | 8.99% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
CELL
2026
DELISTED
PhenomeX Inc. Common Stock
CELL
| $1.44M | ﹤0.01% |
+18,838
| New | +$1.44M |
|
2027
Sportsman's Warehouse
SPWH
$117M
| $1.44M | ﹤0.01% |
100,436
-472
| -0.5% | -$6.75K |
|
|
CNST
2028
DELISTED
Constellation Pharmaceuticals, Inc.
CNST
| $1.44M | ﹤0.01% |
70,911
+10,250
| +17% | +$208K |
|
|
HEES
2029
DELISTED
H&E Equipment Services
HEES
| $1.43M | ﹤0.01% |
72,887
-109
| -0.1% | -$2.14K |
|
2030
MakeMyTrip
MMYT
$9.31B
| $1.42M | ﹤0.01% |
92,700
+2,300
| +3% | +$35.3K |
|
2031
First Bancorp
FBNC
$2.29B
| $1.42M | ﹤0.01% |
67,863
+4,339
| +7% | +$90.8K |
|
|
ARR
2032
Armour Residential REIT
ARR
$1.72B
| $1.42M | ﹤0.01% |
29,799
+1,480
| +5% | +$70.4K |
|
2033
Artivion
AORT
$1.92B
| $1.41M | ﹤0.01% |
76,500
-4,798
| -6% | -$88.6K |
|
2034
Codexis
CDXS
$219M
| $1.41M | ﹤0.01% |
120,200
+3,100
| +3% | +$36.4K |
|
2035
Federal Agricultural Mortgage
AGM
$2.15B
| $1.41M | ﹤0.01% |
22,097
+999
| +5% | +$63.6K |
|
|
KNL
2036
DELISTED
Knoll, Inc.
KNL
| $1.41M | ﹤0.01% |
116,632
+3,200
| +3% | +$38.6K |
|
2037
Denny's
DENN
$264M
| $1.41M | ﹤0.01% |
140,614
+20,601
| +17% | +$206K |
|
|
SOHU
2038
Sohu.com
SOHU
$480M
| $1.41M | ﹤0.01% |
70,760
+2,800
| +4% | +$55.6K |
|
2039
PetMed Express
PETS
$57.8M
| $1.4M | ﹤0.01% |
44,312
+286
| +0.6% | +$9.04K |
|
2040
Argan
AGX
$3.18B
| $1.4M | ﹤0.01% |
33,371
+800
| +2% | +$33.5K |
|
2041
SpartanNash
SPTN
$897M
| $1.4M | ﹤0.01% |
85,547
+3,382
| +4% | +$55.3K |
|
|
IMGN
2042
DELISTED
Immunogen Inc
IMGN
| $1.4M | ﹤0.01% |
388,721
+3,089
| +0.8% | +$11.1K |
|
2043
Tactile Systems Technology
TCMD
$301M
| $1.4M | ﹤0.01% |
38,200
+1,000
| +3% | +$36.6K |
|
2044
Castle Biosciences
CSTL
$621M
| $1.4M | ﹤0.01% |
27,151
+4,513
| +20% | +$232K |
|
|
MCHB
2045
Mechanics Bancorp Class A Common Stock
MCHB
$3.03B
| $1.4M | ﹤0.01% |
54,228
+1,963
| +4% | +$50.6K |
|
2046
Scholastic
SCHL
$691M
| $1.39M | ﹤0.01% |
66,336
+2,000
| +3% | +$42K |
|
2047
GameStop
GME
$11.2B
| $1.39M | ﹤0.01% |
545,428
+38,856
| +8% | +$99.1K |
|
2048
RE/MAX Holdings
RMAX
$195M
| $1.39M | ﹤0.01% |
42,356
+1,804
| +4% | +$59K |
|
2049
Zumiez
ZUMZ
$347M
| $1.38M | ﹤0.01% |
49,740
+2,085
| +4% | +$58K |
|
2050
MYR Group
MYRG
$2.73B
| $1.38M | ﹤0.01% |
37,180
+1,200
| +3% | +$44.6K |
|