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 | |
|---|---|---|---|---|---|---|
2301
Hawkins
HWKN
$3.62B
| $1.14M | ﹤0.01% |
49,546
-11,322
| -19% | -$259K |
|
2302
OraSure Technologies
OSUR
$242M
| $1.13M | ﹤0.01% |
140,669
+21,700
| +18% | +$174K |
|
2303
American Vanguard Corp
AVD
$160M
| $1.12M | ﹤0.01% |
57,366
-570
| -1% | -$11.1K |
|
2304
MidWestOne Financial Group
MOFG
$604M
| $1.12M | ﹤0.01% |
30,832
-7,587
| -20% | -$275K |
|
2305
Adtran
ADTN
$809M
| $1.12M | ﹤0.01% |
112,809
+11,700
| +12% | +$116K |
|
|
GTS
2306
DELISTED
Triple-S Management Corporation
GTS
| $1.12M | ﹤0.01% |
60,363
-3,600
| -6% | -$66.6K |
|
|
HPR
2307
DELISTED
HighPoint Resources Corporation
HPR
| $1.11M | ﹤0.01% |
13,180
+130
| +1% | +$11K |
|
2308
Rocket Pharmaceuticals
RCKT
$341M
| $1.11M | ﹤0.01% |
48,900
+34,514
| +240% | +$786K |
|
2309
Pure Cycle
PCYO
$265M
| $1.11M | ﹤0.01% |
88,279
+3,279
| +4% | +$41.3K |
|
2310
Kimball Electronics
KE
$741M
| $1.11M | ﹤0.01% |
63,244
-12,337
| -16% | -$217K |
|
|
ZIXI
2311
DELISTED
Zix Corporation
ZIXI
| $1.11M | ﹤0.01% |
163,693
-20,000
| -11% | -$136K |
|
|
GMLP
2312
DELISTED
Golar LNG Partners LP
GMLP
| $1.11M | ﹤0.01% |
125,539
+8,700
| +7% | +$76.9K |
|
2313
Alpha and Omega Semiconductor
AOSL
$853M
| $1.11M | ﹤0.01% |
81,274
-16,023
| -16% | -$218K |
|
2314
West Bancorporation
WTBA
$344M
| $1.1M | ﹤0.01% |
42,958
-3,000
| -7% | -$76.9K |
|
|
ECHO
2315
DELISTED
Echo Global Logistics, Inc.
ECHO
| $1.1M | ﹤0.01% |
53,149
+5,800
| +12% | +$120K |
|
2316
Phibro Animal Health
PAHC
$1.61B
| $1.1M | ﹤0.01% |
44,279
-5,432
| -11% | -$135K |
|
2317
Allient
ALNT
$779M
| $1.09M | ﹤0.01% |
33,761
-4,650
| -12% | -$150K |
|
|
CNCE
2318
DELISTED
Concert Pharmaceuticals, Inc.
CNCE
| $1.09M | ﹤0.01% |
118,100
-36,400
| -24% | -$336K |
|
|
MCBC
2319
DELISTED
Macatawa Bank Corp
MCBC
| $1.09M | ﹤0.01% |
97,766
-18,900
| -16% | -$210K |
|
|
KDMN
2320
DELISTED
Kadmon Holdings, Inc.
KDMN
| $1.09M | ﹤0.01% |
239,956
+217,756
| +981% | +$986K |
|
|
HALL
2321
DELISTED
Hallmark Financial Services, Inc.
HALL
| $1.09M | ﹤0.01% |
6,174
-1,356
| -18% | -$238K |
|
|
NETI
2322
DELISTED
Eneti Inc.
NETI
| $1.09M | ﹤0.01% |
17,029
-2,097
| -11% | -$134K |
|
2323
Applied Optoelectronics
AAOI
$1.69B
| $1.08M | ﹤0.01% |
91,100
-25,500
| -22% | -$303K |
|
2324
Twin Disc
TWIN
$190M
| $1.08M | ﹤0.01% |
97,900
| – | – |
|
2325
NextDecade
NEXT
$1.79B
| $1.08M | ﹤0.01% |
175,018
+3,318
| +2% | +$20.4K |
|