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 | |
|---|---|---|---|---|---|---|
2076
American Axle
AXL
$697M
| $900K | ﹤0.01% |
249,363
+4,000
| +2% | +$14.4K |
|
2077
Dave & Buster's
PLAY
$817M
| $900K | ﹤0.01% |
68,805
-15,500
| -18% | -$203K |
|
2078
Magnolia Oil & Gas
MGY
$4.41B
| $899K | ﹤0.01% |
224,711
-10,900
| -5% | -$43.6K |
|
2079
Buckle
BKE
$3.04B
| $896K | ﹤0.01% |
65,366
-2,600
| -4% | -$35.6K |
|
2080
Century Communities
CCS
$2B
| $895K | ﹤0.01% |
61,682
+1,834
| +3% | +$26.6K |
|
2081
St. Joe Company
JOE
$3.01B
| $895K | ﹤0.01% |
53,356
+26,300
| +97% | +$441K |
|
|
CMO
2082
DELISTED
Capstead Mortgage Corp.
CMO
| $893K | ﹤0.01% |
212,540
-141,049
| -40% | -$593K |
|
2083
Adaptive Biotechnologies
ADPT
$1.92B
| $892K | ﹤0.01% |
32,100
+3,300
| +11% | +$91.7K |
|
|
FLIC
2084
DELISTED
First of Long Island Corp
FLIC
| $891K | ﹤0.01% |
51,326
-4,100
| -7% | -$71.2K |
|
2085
Alaunos Therapeutics
TCRT
$5.1M
| $891K | ﹤0.01% |
2,425
| – | – |
|
|
SIRE
2086
DELISTED
Sisecam Resources LP
SIRE
| $890K | ﹤0.01% |
85,883
-1,590
| -2% | -$16.5K |
|
2087
RE/MAX Holdings
RMAX
$195M
| $888K | ﹤0.01% |
40,529
+975
| +2% | +$21.4K |
|
2088
DLH Holdings
DLHC
$79.1M
| $886K | ﹤0.01% |
210,554
-1,312
| -0.6% | -$5.52K |
|
2089
Bank of Marin Bancorp
BMRC
$398M
| $883K | ﹤0.01% |
29,447
-4,600
| -14% | -$138K |
|
|
BFS
2090
Saul Centers
BFS
$785M
| $882K | ﹤0.01% |
26,950
-5,596
| -17% | -$183K |
|
|
CIO
2091
City Office REIT
CIO
$280M
| $879K | ﹤0.01% |
121,643
-58,900
| -33% | -$426K |
|
2092
Anika Therapeutics
ANIK
$125M
| $876K | ﹤0.01% |
30,304
-72,975
| -71% | -$2.11M |
|
2093
Harmonic Inc
HLIT
$1.13B
| $875K | ﹤0.01% |
151,865
+23,728
| +19% | +$137K |
|
2094
B. Riley Financial
RILY
$190M
| $872K | ﹤0.01% |
47,360
+1,705
| +4% | +$31.4K |
|
|
TPIC
2095
DELISTED
TPI Composites
TPIC
| $871K | ﹤0.01% |
58,900
+2,400
| +4% | +$35.5K |
|
2096
ANI Pharmaceuticals
ANIP
$2.12B
| $870K | ﹤0.01% |
21,359
-29,278
| -58% | -$1.19M |
|
2097
Catalyst Pharmaceutical
CPRX
$2.44B
| $867K | ﹤0.01% |
225,229
+21,100
| +10% | +$81.2K |
|
|
ABTX
2098
DELISTED
Allegiance Bancshares, Inc.
ABTX
| $867K | ﹤0.01% |
35,974
+11,176
| +45% | +$269K |
|
2099
Wabash National
WNC
$457M
| $865K | ﹤0.01% |
119,858
-117,112
| -49% | -$845K |
|
2100
Conduent
CNDT
$445M
| $864K | ﹤0.01% |
352,800
+6,200
| +2% | +$15.2K |
|