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 |
Walmart
WMT
|
+$250M |
| 2 |
Target
TGT
|
+$142M |
| 3 |
Abbott
ABT
|
+$113M |
| 4 |
Verizon
VZ
|
+$87.4M |
| 5 |
NetEase
NTES
|
+$77.2M |
Top Sells
| 1 |
Alibaba
BABA
|
+$930M |
| 2 |
Apple
AAPL
|
+$258M |
| 3 |
Ross Stores
ROST
|
+$168M |
| 4 |
TIF
Tiffany & Co.
TIF
|
+$117M |
| 5 |
NVR
NVR
|
+$96.3M |
Sector Composition
| 1 | Technology | 21.88% |
| 2 | Healthcare | 14.24% |
| 3 | Financials | 13.06% |
| 4 | Consumer Discretionary | 11.15% |
| 5 | Communication Services | 9.49% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
2151
SI-BONE Inc
SIBN
$677M
| $1.64M | ﹤0.01% |
51,600
| – | – |
|
|
AVTA
2152
DELISTED
Avantax, Inc. Common Stock
AVTA
| $1.64M | ﹤0.01% |
98,600
-9,312
| -9% | -$155K |
|
2153
Adtran
ADTN
$809M
| $1.64M | ﹤0.01% |
98,200
-8,809
| -8% | -$147K |
|
2154
Castle Biosciences
CSTL
$621M
| $1.64M | ﹤0.01% |
23,900
-2,181
| -8% | -$149K |
|
2155
Rackspace Technology
RXT
$347M
| $1.64M | ﹤0.01% |
68,800
-6,296
| -8% | -$150K |
|
|
RUTH
2156
DELISTED
Ruth's Hospitality Group, Inc.
RUTH
| $1.64M | ﹤0.01% |
65,900
-6,178
| -9% | -$153K |
|
2157
Heartland Express
HTLD
$656M
| $1.63M | ﹤0.01% |
83,473
-9,098
| -10% | -$178K |
|
|
PING
2158
DELISTED
Ping Identity Holding Corp.
PING
| $1.63M | ﹤0.01% |
74,500
-6,866
| -8% | -$151K |
|
2159
Cantaloupe
CTLP
$792M
| $1.63M | ﹤0.01% |
139,000
| – | – |
|
2160
Keros Therapeutics
KROS
$636M
| $1.62M | ﹤0.01% |
26,373
-2,452
| -9% | -$151K |
|
2161
John B. Sanfilippo & Son
JBSS
$737M
| $1.62M | ﹤0.01% |
17,900
-1,658
| -8% | -$150K |
|
2162
Celldex Therapeutics
CLDX
$1.62B
| $1.62M | ﹤0.01% |
78,426
-8,909
| -10% | -$184K |
|
2163
Horizon Bancorp
HBNC
$833M
| $1.62M | ﹤0.01% |
87,000
-12,841
| -13% | -$239K |
|
|
BCOV
2164
DELISTED
Brightcove, Inc.
BCOV
| $1.61M | ﹤0.01% |
80,200
-7,605
| -9% | -$153K |
|
|
RC
2165
Ready Capital
RC
$689M
| $1.61M | ﹤0.01% |
119,821
+27,271
| +29% | +$366K |
|
2166
Atea Pharmaceuticals
AVIR
$249M
| $1.61M | ﹤0.01% |
26,031
-2,441
| -9% | -$151K |
|
2167
DMC Global
BOOM
$145M
| $1.61M | ﹤0.01% |
29,600
-2,670
| -8% | -$145K |
|
|
CKH
2168
DELISTED
Seacor Holdings Inc.
CKH
| $1.61M | ﹤0.01% |
39,400
-4,492
| -10% | -$183K |
|
|
TBI
2169
Trueblue
TBI
$179M
| $1.6M | ﹤0.01% |
72,800
-6,754
| -8% | -$149K |
|
|
FRG
2170
DELISTED
Franchise Group, Inc.
FRG
| $1.6M | ﹤0.01% |
44,400
-4,098
| -8% | -$148K |
|
2171
Nicolet Bankshares
NIC
$2B
| $1.6M | ﹤0.01% |
19,200
-1,760
| -8% | -$147K |
|
2172
Construction Partners
ROAD
$7.02B
| $1.6M | ﹤0.01% |
53,600
-4,905
| -8% | -$147K |
|
2173
Argan
AGX
$3.18B
| $1.6M | ﹤0.01% |
30,000
-2,771
| -8% | -$148K |
|
2174
Marcus & Millichap
MMI
$1.26B
| $1.6M | ﹤0.01% |
47,500
-5,645
| -11% | -$190K |
|
2175
1st Source
SRCE
$1.55B
| $1.6M | ﹤0.01% |
33,600
-3,104
| -8% | -$148K |
|