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 | |
|---|---|---|---|---|---|---|
2151
Vicor
VICR
$2.28B
| $1.57M | ﹤0.01% |
33,700
+6,900
| +26% | +$322K |
|
|
RC
2152
Ready Capital
RC
$689M
| $1.57M | ﹤0.01% |
101,514
+47,221
| +87% | +$728K |
|
2153
Resources Connection
RGP
$172M
| $1.57M | ﹤0.01% |
95,859
-16,824
| -15% | -$275K |
|
|
IHC
2154
DELISTED
Independence Holding Company
IHC
| $1.57M | ﹤0.01% |
37,190
-13,000
| -26% | -$547K |
|
2155
Horizon Bancorp
HBNC
$833M
| $1.56M | ﹤0.01% |
82,299
+12,275
| +18% | +$233K |
|
2156
Cohu
COHU
$964M
| $1.56M | ﹤0.01% |
68,415
+23,486
| +52% | +$537K |
|
|
DRRX
2157
DELISTED
DURECT Corp
DRRX
| $1.56M | ﹤0.01% |
41,033
+9,703
| +31% | +$369K |
|
2158
Andersons Inc
ANDE
$1.38B
| $1.56M | ﹤0.01% |
61,500
+11,300
| +23% | +$286K |
|
|
XENT
2159
DELISTED
Intersect ENT, Inc
XENT
| $1.55M | ﹤0.01% |
62,400
+17,100
| +38% | +$426K |
|
2160
GrafTech
EAF
$261M
| $1.55M | ﹤0.01% |
13,366
+2,375
| +22% | +$276K |
|
2161
Camden National
CAC
$684M
| $1.55M | ﹤0.01% |
33,636
-1,242
| -4% | -$57.2K |
|
|
AAMI
2162
Acadian Asset Management Inc.
AAMI
$1.74B
| $1.54M | ﹤0.01% |
150,986
+4,603
| +3% | +$47K |
|
2163
UFP Technologies
UFPT
$1.54B
| $1.54M | ﹤0.01% |
31,034
-7,313
| -19% | -$363K |
|
|
FTSV
2164
DELISTED
Forty Seven, Inc. Common Stock
FTSV
| $1.54M | ﹤0.01% |
+39,057
| New | +$1.54M |
|
2165
Tidewater
TDW
$2.93B
| $1.54M | ﹤0.01% |
79,700
+4,623
| +6% | +$89.2K |
|
2166
Bank of Marin Bancorp
BMRC
$398M
| $1.53M | ﹤0.01% |
34,047
-1,200
| -3% | -$54.1K |
|
|
SNR
2167
DELISTED
NEW SENIOR INVESTMENT GROUP INC.
SNR
| $1.53M | ﹤0.01% |
200,341
+27,543
| +16% | +$211K |
|
2168
Vertiv
VRT
$51.5B
| $1.53M | ﹤0.01% |
138,675
+14,871
| +12% | +$164K |
|
2169
RE/MAX Holdings
RMAX
$195M
| $1.52M | ﹤0.01% |
39,554
+200
| +0.5% | +$7.7K |
|
2170
Fossil Group
FOSL
$168M
| $1.52M | ﹤0.01% |
192,639
+111,872
| +139% | +$882K |
|
|
SIRE
2171
DELISTED
Sisecam Resources LP
SIRE
| $1.52M | ﹤0.01% |
87,473
| – | – |
|
|
MIK
2172
DELISTED
Michaels Stores, Inc
MIK
| $1.51M | ﹤0.01% |
187,206
+17,800
| +11% | +$144K |
|
2173
Omeros
OMER
$282M
| $1.51M | ﹤0.01% |
107,210
-4,803
| -4% | -$67.7K |
|
2174
FB Financial Corp
FBK
$2.86B
| $1.51M | ﹤0.01% |
38,095
+29,947
| +368% | +$1.19M |
|
2175
Madrigal Pharmaceuticals
MDGL
$9.63B
| $1.5M | ﹤0.01% |
16,500
+2,500
| +18% | +$228K |
|