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 | |
|---|---|---|---|---|---|---|
|
SRG
2226
Seritage Growth Properties
SRG
$237M
| $684K | ﹤0.01% |
75,080
-2,200
| -3% | -$20K |
|
2227
GoPro
GPRO
$327M
| $681K | ﹤0.01% |
260,083
-74,600
| -22% | -$195K |
|
|
OPB
2228
DELISTED
Opus Bank Common Stock
OPB
| $680K | ﹤0.01% |
39,234
+3,800
| +11% | +$65.9K |
|
2229
The Bancorp
TBBK
$3.5B
| $678K | ﹤0.01% |
111,684
-66,007
| -37% | -$401K |
|
2230
Calix
CALX
$4.01B
| $677K | ﹤0.01% |
95,576
+16,576
| +21% | +$117K |
|
|
MOBL
2231
DELISTED
MobileIron, Inc.
MOBL
| $677K | ﹤0.01% |
178,150
+47,068
| +36% | +$179K |
|
|
NOAH
2232
Noah Holdings
NOAH
$781M
| $676K | ﹤0.01% |
26,142
+275
| +1% | +$7.11K |
|
|
TEN
2233
Tsakos Energy Navigation Ltd.
TEN
$672M
| $674K | ﹤0.01% |
41,321
-25,102
| -38% | -$409K |
|
2234
A10 Networks
ATEN
$1.26B
| $673K | ﹤0.01% |
108,450
-75,054
| -41% | -$466K |
|
2235
Fonar
FONR
$98.8M
| $671K | ﹤0.01% |
45,879
-2,296
| -5% | -$33.6K |
|
|
TECX
2236
Tectonic Therapeutic, Inc. Common Stock
TECX
$332M
| $670K | ﹤0.01% |
3,588
+475
| +15% | +$88.7K |
|
|
CNCE
2237
DELISTED
Concert Pharmaceuticals, Inc.
CNCE
| $669K | ﹤0.01% |
75,689
-42,411
| -36% | -$375K |
|
2238
Mitek Systems
MITK
$467M
| $667K | ﹤0.01% |
84,628
+8,800
| +12% | +$69.4K |
|
|
TVTY
2239
DELISTED
Tivity Health, Inc. Common Stock
TVTY
| $666K | ﹤0.01% |
105,865
-32,767
| -24% | -$206K |
|
|
FFG
2240
DELISTED
FBL Financial Group
FFG
| $666K | ﹤0.01% |
14,276
+1,500
| +12% | +$70K |
|
2241
Artesian Resources
ARTNA
$340M
| $664K | ﹤0.01% |
17,761
-1,600
| -8% | -$59.8K |
|
2242
Manitowoc
MTW
$362M
| $664K | ﹤0.01% |
78,063
+1,500
| +2% | +$12.8K |
|
|
SPWR
2243
DELISTED
SunPower Corporation Common Stock
SPWR
| $664K | ﹤0.01% |
200,104
-663,787
| -77% | -$2.2M |
|
2244
BioCryst Pharmaceuticals
BCRX
$1.66B
| $663K | ﹤0.01% |
331,655
+99,200
| +43% | +$198K |
|
2245
FRP Holdings
FRPH
$483M
| $662K | ﹤0.01% |
30,772
-48,038
| -61% | -$1.03M |
|
2246
World Acceptance Corp
WRLD
$900M
| $658K | ﹤0.01% |
12,049
-10,000
| -45% | -$546K |
|
|
USCR
2247
DELISTED
U S Concrete, Inc.
USCR
| $658K | ﹤0.01% |
36,291
-41,472
| -53% | -$752K |
|
|
DSPG
2248
DELISTED
DSP Group Inc
DSPG
| $657K | ﹤0.01% |
49,029
-4,500
| -8% | -$60.3K |
|
|
MYOV
2249
DELISTED
Myovant Sciences Ltd.
MYOV
| $656K | ﹤0.01% |
86,940
+18,400
| +27% | +$139K |
|
|
MTLS
2250
Materialise
MTLS
$302M
| $655K | ﹤0.01% |
35,286
-6,952
| -16% | -$129K |
|