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 | |
|---|---|---|---|---|---|---|
2151
Anywhere Real Estate
HOUS
$800M
| $774K | ﹤0.01% |
257,195
-11,500
| -4% | -$34.6K |
|
2152
AnaptysBio
ANAB
$655M
| $772K | ﹤0.01% |
54,626
+1,826
| +3% | +$25.8K |
|
|
GMRE
2153
Global Medical REIT
GMRE
$512M
| $769K | ﹤0.01% |
76,017
+9,810
| +15% | +$99.2K |
|
2154
Quanex
NX
$661M
| $767K | ﹤0.01% |
76,126
+7,800
| +11% | +$78.6K |
|
|
BSTC
2155
DELISTED
BioSpecifics Technologies Corp.
BSTC
| $767K | ﹤0.01% |
13,560
-3,900
| -22% | -$221K |
|
2156
Resources Connection
RGP
$172M
| $764K | ﹤0.01% |
69,637
-26,222
| -27% | -$288K |
|
2157
Kura Oncology
KURA
$711M
| $761K | ﹤0.01% |
76,454
+3,300
| +5% | +$32.8K |
|
|
POLY
2158
DELISTED
Plantronics, Inc.
POLY
| $759K | ﹤0.01% |
75,441
-14,843
| -16% | -$149K |
|
2159
Waterstone Financial
WSBF
$275M
| $758K | ﹤0.01% |
52,100
+3,800
| +8% | +$55.3K |
|
2160
G-III Apparel Group
GIII
$1.12B
| $757K | ﹤0.01% |
98,372
-26,802
| -21% | -$206K |
|
2161
Signet Jewelers
SIG
$3.73B
| $756K | ﹤0.01% |
117,189
+3
| +0% | +$19 |
|
|
STFC
2162
DELISTED
State Auto Financial Corp
STFC
| $756K | ﹤0.01% |
27,199
+1,900
| +8% | +$52.8K |
|
2163
Upwork
UPWK
$2.24B
| $755K | ﹤0.01% |
117,000
+5,100
| +5% | +$32.9K |
|
2164
Mercantile Bank Corp
MBWM
$775M
| $754K | ﹤0.01% |
35,630
-10,616
| -23% | -$225K |
|
2165
Peapack-Gladstone Financial
PGC
$517M
| $754K | ﹤0.01% |
42,032
+5,100
| +14% | +$91.5K |
|
2166
Goldman Sachs BDC
GSBD
$1.3B
| $752K | ﹤0.01% |
61,000
+17,100
| +39% | +$211K |
|
|
RDUS
2167
DELISTED
Radius Recycling
RDUS
| $750K | ﹤0.01% |
57,536
-123,245
| -68% | -$1.61M |
|
2168
First Financial Corporation Common Stock
THFF
$691M
| $749K | ﹤0.01% |
22,227
+1,100
| +5% | +$37.1K |
|
2169
UroGen Pharma
URGN
$869M
| $747K | ﹤0.01% |
41,898
+5,998
| +17% | +$107K |
|
|
LVGO
2170
DELISTED
Livongo Health, Inc. Common Stock
LVGO
| $747K | ﹤0.01% |
26,200
+12,176
| +87% | +$347K |
|
2171
FB Financial Corp
FBK
$2.86B
| $746K | ﹤0.01% |
37,848
-247
| -0.6% | -$4.87K |
|
2172
MRC Global
MRC
$1.23B
| $746K | ﹤0.01% |
175,020
-24,400
| -12% | -$104K |
|
|
TGI
2173
DELISTED
Triumph Group
TGI
| $746K | ﹤0.01% |
110,348
-5,500
| -5% | -$37.2K |
|
2174
VirnetX
VHC
$74.7M
| $746K | ﹤0.01% |
6,816
-155
| -2% | -$17K |
|
|
PENG
2175
Penguin Solutions, Inc. Ordinary Shares
PENG
$1.36B
| $746K | ﹤0.01% |
61,436
+31,400
| +105% | +$381K |
|