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 | |
|---|---|---|---|---|---|---|
2201
MGP Ingredients
MGPI
$596M
| $712K | ﹤0.01% |
26,461
-700
| -3% | -$18.8K |
|
|
TGH
2202
DELISTED
Textainer Group Holdings limited
TGH
| $712K | ﹤0.01% |
86,621
+35,694
| +70% | +$293K |
|
2203
Assembly Biosciences
ASMB
$168M
| $711K | ﹤0.01% |
3,995
+783
| +24% | +$139K |
|
|
BRSP
2204
BrightSpire Capital
BRSP
$764M
| $709K | ﹤0.01% |
179,915
+3,000
| +2% | +$11.8K |
|
2205
Monarch Casino & Resort
MCRI
$1.9B
| $709K | ﹤0.01% |
25,241
-7,400
| -23% | -$208K |
|
2206
nLIGHT
LASR
$1.43B
| $707K | ﹤0.01% |
67,400
+2,400
| +4% | +$25.2K |
|
|
PDLI
2207
DELISTED
PDL BioPharma, Inc.
PDLI
| $707K | ﹤0.01% |
250,671
-42,500
| -14% | -$120K |
|
2208
CytomX Therapeutics
CTMX
$330M
| $704K | ﹤0.01% |
91,800
+2,300
| +3% | +$17.6K |
|
2209
GeoPark
GPRK
$325M
| $704K | ﹤0.01% |
99,585
-59,069
| -37% | -$418K |
|
2210
Johnson Outdoors
JOUT
$422M
| $704K | ﹤0.01% |
11,230
-1,792
| -14% | -$112K |
|
2211
Qfin Holdings, Inc. American Depositary Shares
QFIN
$3.76B
| $703K | ﹤0.01% |
87,846
+26,299
| +43% | +$210K |
|
2212
Comtech Telecommunications
CMTL
$69.1M
| $701K | ﹤0.01% |
52,744
-28,000
| -35% | -$372K |
|
2213
First Community Bankshares
FCBC
$680M
| $701K | ﹤0.01% |
30,107
+1,800
| +6% | +$41.9K |
|
2214
Midland States Bancorp
MSBI
$385M
| $700K | ﹤0.01% |
40,037
+11,000
| +38% | +$192K |
|
2215
Miller Industries
MLR
$455M
| $694K | ﹤0.01% |
24,545
-8,500
| -26% | -$240K |
|
2216
Pure Cycle
PCYO
$265M
| $694K | ﹤0.01% |
62,231
-26,048
| -30% | -$290K |
|
2217
Designer Brands
DBI
$225M
| $693K | ﹤0.01% |
139,255
-57,891
| -29% | -$288K |
|
2218
Guess, Inc.
GES
$869M
| $693K | ﹤0.01% |
102,392
-55,049
| -35% | -$373K |
|
2219
Dime Community Bancshares
DCOM
$1.35B
| $692K | ﹤0.01% |
32,714
+1,600
| +5% | +$33.8K |
|
|
LGF.A
2220
DELISTED
Lions Gate Entertainment Corp. Class A Voting Shares
LGF.A
| $692K | ﹤0.01% |
113,741
+20,600
| +22% | +$125K |
|
2221
Hackett Group
HCKT
$575M
| $691K | ﹤0.01% |
54,324
+1,900
| +4% | +$24.2K |
|
2222
NGL Energy Partners
NGL
$740M
| $691K | ﹤0.01% |
265,857
+9,900
| +4% | +$25.7K |
|
2223
WisdomTree
WT
$2.11B
| $691K | ﹤0.01% |
296,353
+11,200
| +4% | +$26.1K |
|
2224
Northrim BanCorp
NRIM
$504M
| $687K | ﹤0.01% |
25,434
-6,266
| -20% | -$169K |
|
|
KREF
2225
KKR Real Estate Finance Trust
KREF
$630M
| $686K | ﹤0.01% |
45,670
+26,600
| +139% | +$400K |
|