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 | |
|---|---|---|---|---|---|---|
2051
Core Laboratories
CLB
$581M
| $941K | ﹤0.01% |
90,958
+1,400
| +2% | +$14.5K |
|
2052
Heritage Commerce
HTBK
$624M
| $938K | ﹤0.01% |
122,265
-33,047
| -21% | -$254K |
|
|
UBA
2053
DELISTED
Urstadt Biddle Properties Inc. Class A
UBA
| $938K | ﹤0.01% |
66,556
+6,631
| +11% | +$93.5K |
|
2054
MYR Group
MYRG
$2.73B
| $937K | ﹤0.01% |
35,780
-29,636
| -45% | -$776K |
|
|
LGTY
2055
DELISTED
Logility Supply Chain Solutions, Inc. Common Stock
LGTY
| $936K | ﹤0.01% |
65,844
-15,191
| -19% | -$216K |
|
|
PETQ
2056
DELISTED
PetIQ, Inc. Class A Common Stock
PETQ
| $936K | ﹤0.01% |
40,300
-500
| -1% | -$11.6K |
|
2057
Amneal Pharmaceuticals
AMRX
$3.14B
| $934K | ﹤0.01% |
268,260
+71,811
| +37% | +$250K |
|
2058
American Vanguard Corp
AVD
$160M
| $927K | ﹤0.01% |
64,086
+6,720
| +12% | +$97.2K |
|
2059
Tucows
TCX
$204M
| $927K | ﹤0.01% |
19,200
-9,985
| -34% | -$482K |
|
2060
The RMR Group
RMR
$288M
| $926K | ﹤0.01% |
34,352
-366
| -1% | -$9.87K |
|
2061
Simulations Plus
SLP
$303M
| $926K | ﹤0.01% |
26,508
-14,600
| -36% | -$510K |
|
2062
Goosehead Insurance
GSHD
$2.05B
| $924K | ﹤0.01% |
20,704
+5,900
| +40% | +$263K |
|
2063
York Water
YORW
$445M
| $924K | ﹤0.01% |
21,260
+1,400
| +7% | +$60.8K |
|
2064
Ecovyst
ECVT
$1.06B
| $918K | ﹤0.01% |
84,218
-17,700
| -17% | -$193K |
|
2065
E.W. Scripps
SSP
$257M
| $917K | ﹤0.01% |
121,623
+4,600
| +4% | +$34.7K |
|
2066
Tredegar Corp
TG
$279M
| $917K | ﹤0.01% |
58,662
-4,893
| -8% | -$76.5K |
|
|
MTSC
2067
DELISTED
MTS Systems Corp
MTSC
| $916K | ﹤0.01% |
40,723
-15,850
| -28% | -$357K |
|
2068
Arcus Biosciences
RCUS
$1.23B
| $914K | ﹤0.01% |
65,871
+3,600
| +6% | +$50K |
|
2069
Genesis Energy
GEL
$2.03B
| $911K | ﹤0.01% |
232,440
+3,941
| +2% | +$15.4K |
|
2070
LeMaitre Vascular
LMAT
$2.09B
| $909K | ﹤0.01% |
36,481
-10,400
| -22% | -$259K |
|
|
GOOD
2071
Gladstone Commercial Corp
GOOD
$608M
| $906K | ﹤0.01% |
63,102
+21,700
| +52% | +$312K |
|
2072
Peoples Bancorp
PEBO
$1.08B
| $906K | ﹤0.01% |
40,920
+1,600
| +4% | +$35.4K |
|
|
SBR
2073
Sabine Royalty Trust
SBR
$1.12B
| $906K | ﹤0.01% |
32,775
-1,974
| -6% | -$54.6K |
|
2074
Aspen Aerogels
ASPN
$543M
| $902K | ﹤0.01% |
146,882
-118,922
| -45% | -$730K |
|
|
AXNX
2075
DELISTED
Axonics, Inc. Common Stock
AXNX
| $901K | ﹤0.01% |
35,456
+7,200
| +25% | +$183K |
|