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 | |
|---|---|---|---|---|---|---|
2276
Simulations Plus
SLP
$303M
| $1.2M | ﹤0.01% |
41,108
-16,437
| -29% | -$478K |
|
2277
Upwork
UPWK
$2.24B
| $1.19M | ﹤0.01% |
111,900
+20,000
| +22% | +$213K |
|
|
GRVY
2278
GRAVITY
GRVY
$445M
| $1.19M | ﹤0.01% |
31,869
-292
| -0.9% | -$10.9K |
|
2279
Regis Corp
RGS
$70.8M
| $1.18M | ﹤0.01% |
3,308
+324
| +11% | +$116K |
|
2280
Digi International
DGII
$1.33B
| $1.18M | ﹤0.01% |
66,611
-1,100
| -2% | -$19.5K |
|
|
SCTL
2281
DELISTED
Societal CDMO, Inc. Common Stock
SCTL
| $1.18M | ﹤0.01% |
64,330
-11,490
| -15% | -$211K |
|
2282
Sierra Bancorp
BSRR
$408M
| $1.18M | ﹤0.01% |
40,461
-894
| -2% | -$26K |
|
2283
Republic Bancorp
RBCAA
$1.48B
| $1.18M | ﹤0.01% |
25,127
+513
| +2% | +$24K |
|
2284
Surmodics
SRDX
$457M
| $1.17M | ﹤0.01% |
28,322
+9,100
| +47% | +$377K |
|
2285
KNOT Offshore Partners
KNOP
$300M
| $1.17M | ﹤0.01% |
59,151
+10,600
| +22% | +$210K |
|
2286
Hanmi Financial
HAFC
$748M
| $1.17M | ﹤0.01% |
58,560
-2,826
| -5% | -$56.5K |
|
2287
Rocky Brands
RCKY
$215M
| $1.17M | ﹤0.01% |
39,697
-12,500
| -24% | -$368K |
|
2288
Quanex
NX
$661M
| $1.17M | ﹤0.01% |
68,326
-2,435
| -3% | -$41.6K |
|
2289
Target Hospitality
TH
$881M
| $1.17M | ﹤0.01% |
233,296
+223,000
| +2,166% | +$1.11M |
|
|
MRLN
2290
DELISTED
Marlin Business Services Corp
MRLN
| $1.16M | ﹤0.01% |
52,751
-16,400
| -24% | -$360K |
|
2291
SunCoke Energy
SXC
$654M
| $1.16M | ﹤0.01% |
185,796
+13,893
| +8% | +$86.6K |
|
2292
Marchex
MCHX
$86.6M
| $1.16M | ﹤0.01% |
306,190
-115,700
| -27% | -$437K |
|
|
GLOP
2293
DELISTED
GASLOG PARTNERS LP
GLOP
| $1.16M | ﹤0.01% |
73,877
+10,021
| +16% | +$157K |
|
2294
NewtekOne
NEWT
$303M
| $1.15M | ﹤0.01% |
50,871
-7,363
| -13% | -$167K |
|
2295
Select Water Solutions
WTTR
$946M
| $1.15M | ﹤0.01% |
124,190
+22,700
| +22% | +$211K |
|
2296
National Beverage
FIZZ
$3.67B
| $1.15M | ﹤0.01% |
45,136
+15,536
| +52% | +$396K |
|
2297
B. Riley Financial
RILY
$190M
| $1.15M | ﹤0.01% |
45,655
+7,841
| +21% | +$198K |
|
|
USDP
2298
DELISTED
USD PARTNERS LP
USDP
| $1.15M | ﹤0.01% |
115,500
-43,200
| -27% | -$428K |
|
2299
Peapack-Gladstone Financial
PGC
$517M
| $1.14M | ﹤0.01% |
36,932
-1,948
| -5% | -$60.2K |
|
2300
Community Trust Bancorp
CTBI
$1.03B
| $1.14M | ﹤0.01% |
24,364
+294
| +1% | +$13.7K |
|