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 | |
|---|---|---|---|---|---|---|
2276
TruBridge
TBRG
$302M
| $628K | ﹤0.01% |
28,245
-8,200
| -22% | -$182K |
|
|
ATHX
2277
DELISTED
Athersys, Inc. Common Stock
ATHX
| $627K | ﹤0.01% |
8,360
| – | – |
|
|
RST
2278
DELISTED
ROSETTA STONE INC
RST
| $625K | ﹤0.01% |
44,604
+4,600
| +11% | +$64.5K |
|
2279
Community Health Systems
CYH
$412M
| $624K | ﹤0.01% |
186,766
+1,954
| +1% | +$6.53K |
|
2280
Dorchester Minerals
DMLP
$1.2B
| $623K | ﹤0.01% |
66,940
+5,200
| +8% | +$48.4K |
|
2281
Financial Institutions
FISI
$545M
| $623K | ﹤0.01% |
34,363
-7,715
| -18% | -$140K |
|
|
EVA
2282
DELISTED
Enviva Inc.
EVA
| $623K | ﹤0.01% |
23,304
| – | – |
|
2283
Matador Resources
MTDR
$5.93B
| $622K | ﹤0.01% |
250,705
-107,438
| -30% | -$267K |
|
2284
Independent Bank Corp
IBCP
$657M
| $621K | ﹤0.01% |
48,281
-58,990
| -55% | -$759K |
|
2285
Twin Disc
TWIN
$190M
| $620K | ﹤0.01% |
88,885
-9,015
| -9% | -$62.9K |
|
2286
Viking Therapeutics
VKTX
$2.79B
| $619K | ﹤0.01% |
132,300
+20,900
| +19% | +$97.8K |
|
2287
MacroGenics
MGNX
$100M
| $618K | ﹤0.01% |
106,102
-3,800
| -3% | -$22.1K |
|
2288
i3 Verticals
IIIV
$724M
| $617K | ﹤0.01% |
32,338
+10,200
| +46% | +$195K |
|
|
TA
2289
DELISTED
TravelCenters of America LLC
TA
| $616K | ﹤0.01% |
62,978
-7,902
| -11% | -$77.3K |
|
2290
Clearwater Paper
CLW
$344M
| $614K | ﹤0.01% |
28,155
| – | – |
|
|
VRS
2291
DELISTED
Verso Corporation
VRS
| $614K | ﹤0.01% |
54,443
+8,952
| +20% | +$101K |
|
|
COWN
2292
DELISTED
Cowen Inc. Class A Common Stock
COWN
| $614K | ﹤0.01% |
63,601
-122,578
| -66% | -$1.18M |
|
2293
Marcus Corp
MCS
$504M
| $613K | ﹤0.01% |
49,737
-23,711
| -32% | -$292K |
|
|
GPMT
2294
Granite Point Mortgage Trust
GPMT
$142M
| $612K | ﹤0.01% |
120,742
-4,500
| -4% | -$22.8K |
|
|
AVDL
2295
Avadel Pharmaceuticals
AVDL
$1.5B
| $611K | ﹤0.01% |
77,000
-6,200
| -7% | -$49.2K |
|
2296
SunCoke Energy
SXC
$654M
| $611K | ﹤0.01% |
158,596
-27,200
| -15% | -$105K |
|
2297
Ardelyx
ARDX
$1.59B
| $610K | ﹤0.01% |
107,289
+22,200
| +26% | +$126K |
|
|
DBD
2298
DELISTED
Diebold Nixdorf Incorporated
DBD
| $610K | ﹤0.01% |
173,248
+2,800
| +2% | +$9.86K |
|
2299
Heritage Insurance Holdings
HRTG
$763M
| $609K | ﹤0.01% |
56,866
-108,094
| -66% | -$1.16M |
|
2300
Impinj
PI
$5.2B
| $608K | ﹤0.01% |
36,381
+16,916
| +87% | +$283K |
|