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 | |
|---|---|---|---|---|---|---|
2176
Angi Inc
ANGI
$760M
| $745K | ﹤0.01% |
14,190
+6,350
| +81% | +$333K |
|
2177
Sonic Automotive
SAH
$2.73B
| $745K | ﹤0.01% |
56,091
-35,023
| -38% | -$465K |
|
|
SY
2178
So-Young International
SY
$374M
| $745K | ﹤0.01% |
72,709
+1,070
| +1% | +$11K |
|
2179
Oaktree Specialty Lending
OCSL
$1.21B
| $744K | ﹤0.01% |
76,549
+24,806
| +48% | +$241K |
|
2180
QCR Holdings
QCRH
$1.3B
| $744K | ﹤0.01% |
27,485
+3,458
| +14% | +$93.6K |
|
|
APTS
2181
DELISTED
Preferred Apartment Communities, Inc.
APTS
| $744K | ﹤0.01% |
103,667
-53,436
| -34% | -$384K |
|
2182
First Foundation Inc
FFWM
$493M
| $743K | ﹤0.01% |
72,726
+16,425
| +29% | +$168K |
|
2183
Kosmos Energy
KOS
$799M
| $742K | ﹤0.01% |
828,229
+25,677
| +3% | +$23K |
|
|
XENT
2184
DELISTED
Intersect ENT, Inc
XENT
| $742K | ﹤0.01% |
62,600
+200
| +0.3% | +$2.37K |
|
2185
OrthoPediatrics
KIDS
$493M
| $737K | ﹤0.01% |
18,600
+3,900
| +27% | +$155K |
|
|
PGNX
2186
DELISTED
Progenics Pharmaceuticals Inc
PGNX
| $736K | ﹤0.01% |
193,584
-2,300
| -1% | -$8.75K |
|
|
HIMX
2187
Himax Technologies
HIMX
$1.44B
| $727K | ﹤0.01% |
265,404
-25,496
| -9% | -$69.8K |
|
2188
First Mid Bancshares
FMBH
$945M
| $726K | ﹤0.01% |
30,589
+1,100
| +4% | +$26.1K |
|
2189
DMC Global
BOOM
$145M
| $722K | ﹤0.01% |
31,373
-17,100
| -35% | -$394K |
|
2190
1-800-Flowers.com
FLWS
$343M
| $722K | ﹤0.01% |
54,569
-43,200
| -44% | -$572K |
|
|
BDSI
2191
DELISTED
BioDelivery Sciences International, Inc.
BDSI
| $722K | ﹤0.01% |
190,633
-90,200
| -32% | -$342K |
|
2192
Taylor Devices
TAYD
$149M
| $721K | ﹤0.01% |
83,915
-541
| -0.6% | -$4.65K |
|
|
BITA
2193
DELISTED
Bitauto Holdings Limited
BITA
| $721K | ﹤0.01% |
69,366
+931
| +1% | +$9.68K |
|
2194
Hanmi Financial
HAFC
$748M
| $720K | ﹤0.01% |
66,360
+7,800
| +13% | +$84.6K |
|
2195
Axogen
AXGN
$755M
| $719K | ﹤0.01% |
69,100
-6,500
| -9% | -$67.6K |
|
2196
Manchester United
MANU
$2.8B
| $719K | ﹤0.01% |
47,801
+3,400
| +8% | +$51.1K |
|
2197
Citizens
CIA
$274M
| $717K | ﹤0.01% |
110,043
-19,800
| -15% | -$129K |
|
|
GTS
2198
DELISTED
Triple-S Management Corporation
GTS
| $717K | ﹤0.01% |
50,863
-9,500
| -16% | -$134K |
|
|
MTL
2199
DELISTED
Mechel PAO American Depository Shares, each representing two ordinary shares (ADSs)
MTL
| $714K | ﹤0.01% |
502,757
+5,847
| +1% | +$8.3K |
|
2200
Republic Bancorp
RBCAA
$1.48B
| $713K | ﹤0.01% |
21,592
-3,535
| -14% | -$117K |
|