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 | |
|---|---|---|---|---|---|---|
2101
Cars.com
CARS
$829M
| $1.28M | ﹤0.01% |
158,851
+4,983
| +3% | +$40.3K |
|
2102
ATN International
ATNI
$238M
| $1.27M | ﹤0.01% |
25,342
+700
| +3% | +$35.1K |
|
|
INN
2103
Summit Hotel Properties
INN
$623M
| $1.27M | ﹤0.01% |
245,360
+9,627
| +4% | +$49.9K |
|
2104
Acco Brands
ACCO
$361M
| $1.27M | ﹤0.01% |
218,819
+8,262
| +4% | +$47.9K |
|
2105
SiriusPoint
SPNT
$2.22B
| $1.27M | ﹤0.01% |
182,615
+4,800
| +3% | +$33.4K |
|
|
HEP
2106
DELISTED
Holly Energy Partners, L.P.
HEP
| $1.27M | ﹤0.01% |
104,625
+2,800
| +3% | +$34K |
|
|
DBD
2107
DELISTED
Diebold Nixdorf Incorporated
DBD
| $1.27M | ﹤0.01% |
165,751
+5,170
| +3% | +$39.5K |
|
2108
CSP Inc
CSPI
$110M
| $1.27M | ﹤0.01% |
293,232
| – | – |
|
2109
AdaptHealth
AHCO
$1.26B
| $1.26M | ﹤0.01% |
+57,860
| New | +$1.26M |
|
|
RAD
2110
DELISTED
Rite Aid Corporation
RAD
| $1.26M | ﹤0.01% |
132,885
+6,282
| +5% | +$59.6K |
|
|
TGP
2111
DELISTED
Teekay LNG Partners L.P.
TGP
| $1.26M | ﹤0.01% |
119,951
+3,500
| +3% | +$36.7K |
|
2112
PDF Solutions
PDFS
$765M
| $1.26M | ﹤0.01% |
67,206
+1,900
| +3% | +$35.5K |
|
|
MDP
2113
DELISTED
Meredith Corporation
MDP
| $1.26M | ﹤0.01% |
95,844
+2,938
| +3% | +$38.5K |
|
|
TBI
2114
Trueblue
TBI
$179M
| $1.26M | ﹤0.01% |
81,054
+1,900
| +2% | +$29.4K |
|
|
FRG
2115
DELISTED
Franchise Group, Inc.
FRG
| $1.25M | ﹤0.01% |
49,398
+6,976
| +16% | +$177K |
|
2116
Lemonade
LMND
$3.88B
| $1.25M | ﹤0.01% |
+25,150
| New | +$1.25M |
|
2117
SI-BONE Inc
SIBN
$677M
| $1.25M | ﹤0.01% |
52,700
+1,400
| +3% | +$33.2K |
|
2118
OrthoPediatrics
KIDS
$493M
| $1.25M | ﹤0.01% |
27,200
+742
| +3% | +$34.1K |
|
2119
York Water
YORW
$445M
| $1.25M | ﹤0.01% |
29,514
+262
| +0.9% | +$11.1K |
|
2120
America's Car Mart
CRMT
$286M
| $1.25M | ﹤0.01% |
14,679
+700
| +5% | +$59.4K |
|
|
CMO
2121
DELISTED
Capstead Mortgage Corp.
CMO
| $1.25M | ﹤0.01% |
221,734
+5,108
| +2% | +$28.7K |
|
|
CIR
2122
DELISTED
CIRCOR International, Inc
CIR
| $1.25M | ﹤0.01% |
45,510
+1,500
| +3% | +$41K |
|
2123
Krystal Biotech
KRYS
$4.16B
| $1.24M | ﹤0.01% |
28,808
+1,640
| +6% | +$70.6K |
|
2124
Omeros
OMER
$282M
| $1.24M | ﹤0.01% |
122,700
+16,600
| +16% | +$168K |
|
2125
MidCap Financial Investment
MFIC
$1.16B
| $1.24M | ﹤0.01% |
149,799
+8,207
| +6% | +$67.9K |
|