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 | |
|---|---|---|---|---|---|---|
2226
Hess Midstream
HESM
$5.15B
| $1.33M | ﹤0.01% |
58,408
-9,800
| -14% | -$222K |
|
|
PFC
2227
DELISTED
Premier Financial Corp. Common Stock
PFC
| $1.33M | ﹤0.01% |
42,090
-1,742
| -4% | -$54.8K |
|
|
NTP
2228
DELISTED
Nam Tai Property Inc.
NTP
| $1.32M | ﹤0.01% |
153,744
-48,800
| -24% | -$420K |
|
|
CNST
2229
DELISTED
Constellation Pharmaceuticals, Inc.
CNST
| $1.32M | ﹤0.01% |
+28,058
| New | +$1.32M |
|
2230
ATN International
ATNI
$238M
| $1.32M | ﹤0.01% |
23,842
+3,900
| +20% | +$216K |
|
2231
Travere Therapeutics
TVTX
$2.09B
| $1.32M | ﹤0.01% |
93,049
+19,400
| +26% | +$275K |
|
2232
nLIGHT
LASR
$1.43B
| $1.32M | ﹤0.01% |
65,000
+11,700
| +22% | +$237K |
|
2233
MGP Ingredients
MGPI
$596M
| $1.32M | ﹤0.01% |
27,161
+900
| +3% | +$43.6K |
|
2234
BridgeBio Pharma
BBIO
$9.79B
| $1.32M | ﹤0.01% |
+37,515
| New | +$1.32M |
|
|
DERM
2235
DELISTED
Dermira, Inc.
DERM
| $1.32M | ﹤0.01% |
86,719
+62,600
| +260% | +$949K |
|
2236
AngioDynamics
ANGO
$433M
| $1.31M | ﹤0.01% |
81,944
+17,200
| +27% | +$275K |
|
|
UCFC
2237
DELISTED
United Community Financial Corp
UCFC
| $1.31M | ﹤0.01% |
112,240
+11,198
| +11% | +$131K |
|
|
WAIR
2238
DELISTED
WESCO Aircraft Holdings Inc.
WAIR
| $1.31M | ﹤0.01% |
118,715
+18,867
| +19% | +$208K |
|
2239
Option Care Health
OPCH
$4.62B
| $1.3M | ﹤0.01% |
87,193
+325
| +0.4% | +$4.85K |
|
2240
Cytokinetics
CYTK
$6.12B
| $1.3M | ﹤0.01% |
122,422
+33,025
| +37% | +$350K |
|
2241
McCormick & Company Voting
MKC.V
$18.5B
| $1.3M | ﹤0.01% |
15,182
+6,200
| +69% | +$530K |
|
|
CASA
2242
DELISTED
Casa Systems, Inc. Common Stock
CASA
| $1.28M | ﹤0.01% |
313,994
+250,962
| +398% | +$1.03M |
|
|
IPHS
2243
DELISTED
Innophos Holdings, Inc.
IPHS
| $1.28M | ﹤0.01% |
40,147
-1,765
| -4% | -$56.4K |
|
2244
Gossamer Bio
GOSS
$787M
| $1.28M | ﹤0.01% |
82,023
+59,700
| +267% | +$933K |
|
|
BNFT
2245
DELISTED
Benefitfocus, Inc.
BNFT
| $1.27M | ﹤0.01% |
58,000
+10,700
| +23% | +$235K |
|
2246
Arrow Financial
AROW
$478M
| $1.27M | ﹤0.01% |
37,707
+853
| +2% | +$28.6K |
|
2247
A10 Networks
ATEN
$1.26B
| $1.26M | ﹤0.01% |
183,504
-28,816
| -14% | -$198K |
|
2248
Diamond Hill
DHIL
$387M
| $1.26M | ﹤0.01% |
8,968
-700
| -7% | -$98.4K |
|
2249
Gladstone Investment Corp
GAIN
$544M
| $1.26M | ﹤0.01% |
95,000
+2,600
| +3% | +$34.5K |
|
|
LTS
2250
DELISTED
Ladenburg Thalmann Financial Services Inc
LTS
| $1.26M | ﹤0.01% |
360,957
-35,892
| -9% | -$125K |
|