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 | |
|---|---|---|---|---|---|---|
2176
Utah Medical Products
UTMD
$200M
| $1.5M | ﹤0.01% |
13,893
-3,000
| -18% | -$324K |
|
2177
CEVA Inc
CEVA
$564M
| $1.49M | ﹤0.01% |
55,417
+3,300
| +6% | +$89K |
|
2178
Banc of California
BANC
$2.62B
| $1.49M | ﹤0.01% |
86,836
+21,300
| +33% | +$366K |
|
|
UBA
2179
DELISTED
Urstadt Biddle Properties Inc. Class A
UBA
| $1.49M | ﹤0.01% |
59,925
-3,626
| -6% | -$90.1K |
|
2180
Ingles Markets
IMKTA
$1.32B
| $1.48M | ﹤0.01% |
31,170
+14,334
| +85% | +$681K |
|
2181
Omega Flex
OFLX
$340M
| $1.47M | ﹤0.01% |
13,735
-3,600
| -21% | -$386K |
|
|
WPG
2182
DELISTED
Washington Prime Group Inc.
WPG
| $1.47M | ﹤0.01% |
45,000
+6,417
| +17% | +$210K |
|
2183
Akebia Therapeutics
AKBA
$782M
| $1.47M | ﹤0.01% |
233,000
+83,687
| +56% | +$529K |
|
2184
Mercer International
MERC
$206M
| $1.47M | ﹤0.01% |
119,563
+1,500
| +1% | +$18.5K |
|
|
NVEE
2185
DELISTED
NV5 Global
NVEE
| $1.46M | ﹤0.01% |
115,536
+1,200
| +1% | +$15.1K |
|
|
TEN
2186
DELISTED
Tenneco Inc. Class A Voting Common Stock
TEN
| $1.46M | ﹤0.01% |
111,095
+17,000
| +18% | +$223K |
|
2187
GoPro
GPRO
$327M
| $1.45M | ﹤0.01% |
334,683
-21,854
| -6% | -$94.9K |
|
|
PRNB
2188
DELISTED
Principia Biopharma Inc. Common Stock
PRNB
| $1.45M | ﹤0.01% |
+26,511
| New | +$1.45M |
|
|
TEN
2189
Tsakos Energy Navigation Ltd.
TEN
$672M
| $1.45M | ﹤0.01% |
66,423
-19,800
| -23% | -$432K |
|
2190
Astronics
ATRO
$1.41B
| $1.45M | ﹤0.01% |
51,740
+8,560
| +20% | +$239K |
|
|
TELL
2191
DELISTED
Tellurian Inc.
TELL
| $1.44M | ﹤0.01% |
198,000
+27,300
| +16% | +$199K |
|
|
RVNC
2192
DELISTED
Revance Therapeutics, Inc.
RVNC
| $1.43M | ﹤0.01% |
88,100
+19,865
| +29% | +$322K |
|
2193
Adverum Biotechnologies
ADVM
$63.4M
| $1.43M | ﹤0.01% |
12,396
-1,009
| -8% | -$116K |
|
2194
StoneX
SNEX
$5.04B
| $1.43M | ﹤0.01% |
65,666
+1,113
| +2% | +$24.2K |
|
2195
Tredegar Corp
TG
$279M
| $1.42M | ﹤0.01% |
63,555
+26,930
| +74% | +$602K |
|
2196
1-800-Flowers.com
FLWS
$343M
| $1.42M | ﹤0.01% |
97,769
-21,030
| -18% | -$305K |
|
2197
Matrix Service
MTRX
$353M
| $1.42M | ﹤0.01% |
61,922
+7,100
| +13% | +$162K |
|
|
VNET
2198
VNET Group
VNET
$2.57B
| $1.41M | ﹤0.01% |
194,982
+11,923
| +7% | +$86.5K |
|
2199
Heidrick & Struggles
HSII
$1.03B
| $1.41M | ﹤0.01% |
43,348
+29,431
| +211% | +$957K |
|
2200
Geospace Technologies
GEOS
$209M
| $1.41M | ﹤0.01% |
83,900
-28,000
| -25% | -$470K |
|