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 | |
|---|---|---|---|---|---|---|
2301
CNB Financial Corp
CCNE
$761M
| $607K | ﹤0.01% |
32,189
-5,600
| -15% | -$106K |
|
|
PFNX
2302
DELISTED
Pfenex Inc.
PFNX
| $606K | ﹤0.01% |
68,736
-9,700
| -12% | -$85.5K |
|
2303
Farmers National Banc Corp
FMNB
$554M
| $605K | ﹤0.01% |
52,035
+2,100
| +4% | +$24.4K |
|
2304
Omega Flex
OFLX
$340M
| $605K | ﹤0.01% |
7,170
-6,565
| -48% | -$554K |
|
2305
Star Bulk Carriers
SBLK
$2.2B
| $605K | ﹤0.01% |
107,181
-53,819
| -33% | -$304K |
|
|
TRTX
2306
TPG RE Finance Trust
TRTX
$742M
| $605K | ﹤0.01% |
110,278
-5,900
| -5% | -$32.4K |
|
|
SDC
2307
DELISTED
SmileDirectClub, Inc. Class A Common Stock
SDC
| $604K | ﹤0.01% |
129,401
+25,313
| +24% | +$118K |
|
|
CLDT
2308
Chatham Lodging
CLDT
$348M
| $602K | ﹤0.01% |
101,319
+7,330
| +8% | +$43.6K |
|
|
NTP
2309
DELISTED
Nam Tai Property Inc.
NTP
| $602K | ﹤0.01% |
109,423
-44,321
| -29% | -$244K |
|
2310
Capital City Bank Group
CCBG
$739M
| $600K | ﹤0.01% |
29,833
-10,900
| -27% | -$219K |
|
2311
Customers Bancorp
CUBI
$2.32B
| $600K | ﹤0.01% |
54,872
+17,257
| +46% | +$189K |
|
2312
Digi International
DGII
$1.33B
| $600K | ﹤0.01% |
62,911
-3,700
| -6% | -$35.3K |
|
2313
Dynavax Technologies
DVAX
$1.1B
| $600K | ﹤0.01% |
169,900
+23,500
| +16% | +$83K |
|
2314
First Bancorp
FNLC
$301M
| $598K | ﹤0.01% |
27,165
-5,393
| -17% | -$119K |
|
2315
Kimball Electronics
KE
$741M
| $596K | ﹤0.01% |
54,544
-8,700
| -14% | -$95.1K |
|
|
TPC
2316
Tutor Perini Corporation
TPC
$3.37B
| $596K | ﹤0.01% |
88,678
+23,778
| +37% | +$160K |
|
|
GTT
2317
DELISTED
GTT Communications, Inc.
GTT
| $596K | ﹤0.01% |
75,024
+12,024
| +19% | +$95.5K |
|
2318
Magnite
MGNI
$3.4B
| $595K | ﹤0.01% |
107,296
+44,700
| +71% | +$248K |
|
|
UMH
2319
UMH Properties
UMH
$1.29B
| $595K | ﹤0.01% |
54,820
+7,500
| +16% | +$81.4K |
|
2320
Ducommun
DCO
$1.39B
| $594K | ﹤0.01% |
23,917
-12,800
| -35% | -$318K |
|
2321
AdvanSix
ASIX
$576M
| $593K | ﹤0.01% |
62,174
+1,800
| +3% | +$17.2K |
|
2322
Carriage Services
CSV
$670M
| $593K | ﹤0.01% |
36,722
-28,280
| -44% | -$457K |
|
2323
Gladstone Investment Corp
GAIN
$544M
| $593K | ﹤0.01% |
75,500
-19,500
| -21% | -$153K |
|
2324
e.l.f. Beauty
ELF
$7.67B
| $592K | ﹤0.01% |
60,185
-96,046
| -61% | -$945K |
|
|
DSSI
2325
DELISTED
Diamond S Shipping Inc. Common Shares
DSSI
| $592K | ﹤0.01% |
50,087
+12,400
| +33% | +$147K |
|