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 |
SPDR S&P 500 ETF Trust
SPY
|
+$334M |
| 2 |
Alibaba
BABA
|
+$274M |
| 3 |
Verizon
VZ
|
+$224M |
| 4 |
iShares MSCI EAFE ETF
EFA
|
+$201M |
| 5 |
Amazon
AMZN
|
+$156M |
Top Sells
| 1 |
UnitedHealth
UNH
|
+$185M |
| 2 |
CELG
Celgene Corp
CELG
|
+$168M |
| 3 |
Procter & Gamble
PG
|
+$121M |
| 4 |
Honeywell
HON
|
+$109M |
| 5 |
Progressive
PGR
|
+$102M |
Sector Composition
| 1 | Technology | 17.56% |
| 2 | Financials | 15.02% |
| 3 | Healthcare | 12.83% |
| 4 | Consumer Discretionary | 9.96% |
| 5 | Consumer Staples | 8.54% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
RTLR
2126
DELISTED
Rattler Midstream LP Common Units
RTLR
| $1.68M | ﹤0.01% |
94,273
+15,900
| +20% | +$283K |
|
2127
Antero Resources
AR
$10.2B
| $1.68M | ﹤0.01% |
587,918
+89,100
| +18% | +$254K |
|
|
CNBKA
2128
DELISTED
Century Bancorp Inc/Mass
CNBKA
| $1.67M | ﹤0.01% |
18,612
-5,258
| -22% | -$473K |
|
|
JKS
2129
JinkoSolar
JKS
$1.3B
| $1.67M | ﹤0.01% |
74,209
+4,847
| +7% | +$109K |
|
|
CUTR
2130
DELISTED
Cutera, Inc.
CUTR
| $1.67M | ﹤0.01% |
46,610
-2,558
| -5% | -$91.6K |
|
|
ATRS
2131
DELISTED
Antares Pharma, Inc.
ATRS
| $1.67M | ﹤0.01% |
354,871
+98,900
| +39% | +$465K |
|
2132
Carriage Services
CSV
$670M
| $1.66M | ﹤0.01% |
65,002
-21,109
| -25% | -$540K |
|
2133
NETGEAR
NTGR
$831M
| $1.66M | ﹤0.01% |
67,769
+10,100
| +18% | +$248K |
|
2134
Park-Ohio Holdings
PKOH
$309M
| $1.65M | ﹤0.01% |
49,078
-14,500
| -23% | -$488K |
|
|
RAD
2135
DELISTED
Rite Aid Corporation
RAD
| $1.64M | ﹤0.01% |
106,301
+9,186
| +9% | +$142K |
|
2136
Pacific Biosciences
PACB
$351M
| $1.64M | ﹤0.01% |
319,724
+66,700
| +26% | +$343K |
|
2137
Garrett Motion
GTX
$2.64B
| $1.64M | ﹤0.01% |
164,156
+23,014
| +16% | +$230K |
|
2138
Century Communities
CCS
$2B
| $1.64M | ﹤0.01% |
59,848
+7,600
| +15% | +$208K |
|
2139
Icahn Enterprises
IEP
$4.67B
| $1.62M | ﹤0.01% |
26,400
-9,243
| -26% | -$569K |
|
|
PHX
2140
DELISTED
PHX Minerals
PHX
| $1.62M | ﹤0.01% |
144,832
-42,469
| -23% | -$476K |
|
|
CHCT
2141
Community Healthcare Trust
CHCT
$445M
| $1.62M | ﹤0.01% |
37,768
-3,784
| -9% | -$162K |
|
2142
Gannett
GCI
$620M
| $1.62M | ﹤0.01% |
253,199
+123,402
| +95% | +$787K |
|
|
QADA
2143
DELISTED
QAD Inc.
QADA
| $1.61M | ﹤0.01% |
31,663
-7,912
| -20% | -$403K |
|
|
IMGN
2144
DELISTED
Immunogen Inc
IMGN
| $1.61M | ﹤0.01% |
315,164
+88,064
| +39% | +$450K |
|
|
ROCC
2145
DELISTED
Ranger Oil Corporation Class A Common Stock
ROCC
| $1.59M | ﹤0.01% |
52,274
+45,300
| +650% | +$1.38M |
|
2146
Clearway Energy Class A
CWEN.A
$3.21B
| $1.59M | ﹤0.01% |
82,924
+11,016
| +15% | +$211K |
|
2147
Monarch Casino & Resort
MCRI
$1.9B
| $1.59M | ﹤0.01% |
32,641
-100
| -0.3% | -$4.86K |
|
2148
The RMR Group
RMR
$288M
| $1.59M | ﹤0.01% |
34,718
+429
| +1% | +$19.6K |
|
2149
Vericel Corp
VCEL
$1.62B
| $1.58M | ﹤0.01% |
90,700
+12,573
| +16% | +$219K |
|
|
FLXN
2150
DELISTED
Flexion Therapeutics, Inc.
FLXN
| $1.58M | ﹤0.01% |
76,242
+21,142
| +38% | +$438K |
|