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 | |
|---|---|---|---|---|---|---|
2251
Rocky Brands
RCKY
$215M
| $655K | ﹤0.01% |
33,846
-5,851
| -15% | -$113K |
|
|
CLVS
2252
DELISTED
Clovis Oncology, Inc.
CLVS
| $653K | ﹤0.01% |
102,600
-136,516
| -57% | -$869K |
|
2253
Option Care Health
OPCH
$4.62B
| $649K | ﹤0.01% |
68,492
-18,701
| -21% | -$177K |
|
|
MDLA
2254
DELISTED
Medallia, Inc.
MDLA
| $649K | ﹤0.01% |
32,400
+13,305
| +70% | +$267K |
|
2255
Corbus Pharmaceuticals
CRBP
$116M
| $648K | ﹤0.01% |
4,123
+870
| +27% | +$137K |
|
2256
Oceaneering
OII
$2.43B
| $648K | ﹤0.01% |
220,346
-10,800
| -5% | -$31.8K |
|
2257
Adecoagro
AGRO
$806M
| $647K | ﹤0.01% |
166,321
+40,384
| +32% | +$157K |
|
2258
Barrett Business Services
BBSI
$1.2B
| $645K | ﹤0.01% |
65,132
-53,068
| -45% | -$526K |
|
2259
Gates Industrial
GTES
$6.6B
| $645K | ﹤0.01% |
87,444
+28,531
| +48% | +$210K |
|
2260
Cars.com
CARS
$829M
| $644K | ﹤0.01% |
149,765
+4,687
| +3% | +$20.2K |
|
|
DRRX
2261
DELISTED
DURECT Corp
DRRX
| $643K | ﹤0.01% |
41,483
+450
| +1% | +$6.98K |
|
2262
KNOT Offshore Partners
KNOP
$300M
| $642K | ﹤0.01% |
62,951
+3,800
| +6% | +$38.8K |
|
2263
Bain Capital Specialty
BCSF
$1B
| $641K | ﹤0.01% |
70,489
+28,185
| +67% | +$256K |
|
2264
Children's Place
PLCE
$155M
| $640K | ﹤0.01% |
32,743
-900
| -3% | -$17.6K |
|
|
CDMO
2265
DELISTED
Avid Bioservices, Inc. Common Stock
CDMO
| $639K | ﹤0.01% |
125,003
+4,700
| +4% | +$24K |
|
2266
Afya
AFYA
$1.42B
| $638K | ﹤0.01% |
33,478
+8,300
| +33% | +$158K |
|
2267
Diamond Hill
DHIL
$387M
| $638K | ﹤0.01% |
7,068
-1,900
| -21% | -$172K |
|
2268
Myers Industries
MYE
$587M
| $635K | ﹤0.01% |
59,037
+6,471
| +12% | +$69.6K |
|
|
CNSL
2269
DELISTED
Consolidated Communications Holdings, Inc.
CNSL
| $635K | ﹤0.01% |
139,543
| – | – |
|
|
PRVB
2270
DELISTED
Provention Bio, Inc. Common Stock
PRVB
| $635K | ﹤0.01% |
69,074
+23,500
| +52% | +$216K |
|
|
NPTN
2271
DELISTED
NEOPHOTONICS CORP
NPTN
| $634K | ﹤0.01% |
87,491
+38,300
| +78% | +$278K |
|
2272
Inseego
INSG
$200M
| $630K | ﹤0.01% |
10,120
+1,947
| +24% | +$121K |
|
2273
Magnachip Semiconductor
MX
$112M
| $629K | ﹤0.01% |
56,903
+23,300
| +69% | +$258K |
|
|
CETV
2274
DELISTED
Central European Media Enterprises Ltd
CETV
| $629K | ﹤0.01% |
200,854
-8,100
| -4% | -$25.4K |
|
|
TLRA
2275
DELISTED
Telaria, Inc.
TLRA
| $629K | ﹤0.01% |
104,790
+13,100
| +14% | +$78.6K |
|