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 | |
|---|---|---|---|---|---|---|
2326
BJ's Restaurants
BJRI
$684M
| $591K | ﹤0.01% |
42,558
-49,555
| -54% | -$688K |
|
|
FLXN
2327
DELISTED
Flexion Therapeutics, Inc.
FLXN
| $591K | ﹤0.01% |
75,142
-1,100
| -1% | -$8.65K |
|
|
AGEN
2328
Agenus
AGEN
$143M
| $587K | ﹤0.01% |
12,200
+321
| +3% | +$15.4K |
|
2329
Bar Harbor Bankshares
BHB
$540M
| $586K | ﹤0.01% |
33,922
-7,500
| -18% | -$130K |
|
|
FSB
2330
DELISTED
Franklin Financial Network, Inc.
FSB
| $586K | ﹤0.01% |
28,726
-6,823
| -19% | -$139K |
|
2331
Rigel Pharmaceuticals
RIGL
$681M
| $585K | ﹤0.01% |
37,486
-10,480
| -22% | -$164K |
|
2332
Puma Biotechnology
PBYI
$225M
| $583K | ﹤0.01% |
69,042
+3,342
| +5% | +$28.2K |
|
|
GOGL
2333
DELISTED
Golden Ocean Group
GOGL
| $581K | ﹤0.01% |
185,714
-50,700
| -21% | -$159K |
|
2334
Oil-Dri
ODC
$959M
| $581K | ﹤0.01% |
34,742
-7,458
| -18% | -$125K |
|
2335
Par Pacific Holdings
PARR
$1.67B
| $581K | ﹤0.01% |
81,851
-8,300
| -9% | -$58.9K |
|
2336
Timberland Bancorp
TSBK
$288M
| $581K | ﹤0.01% |
31,768
-1,632
| -5% | -$29.8K |
|
2337
West Bancorporation
WTBA
$344M
| $581K | ﹤0.01% |
35,558
-7,400
| -17% | -$121K |
|
|
SPPI
2338
DELISTED
Spectrum Pharmaceuticals Inc
SPPI
| $578K | ﹤0.01% |
247,920
-8,900
| -3% | -$20.7K |
|
2339
FuelCell Energy
FCEL
$222M
| $575K | ﹤0.01% |
+12,691
| New | +$575K |
|
2340
REX American Resources
REX
$1.01B
| $574K | ﹤0.01% |
37,005
-37,395
| -50% | -$580K |
|
|
KRA
2341
DELISTED
Kraton Corporation
KRA
| $574K | ﹤0.01% |
70,865
+2,700
| +4% | +$21.9K |
|
2342
TrueCar
TRUE
$215M
| $570K | ﹤0.01% |
235,379
+40,807
| +21% | +$98.8K |
|
2343
Tidewater
TDW
$2.93B
| $569K | ﹤0.01% |
80,400
+700
| +0.9% | +$4.95K |
|
|
HAYN
2344
DELISTED
Haynes International, Inc.
HAYN
| $569K | ﹤0.01% |
27,601
-900
| -3% | -$18.6K |
|
2345
Matrix Service
MTRX
$353M
| $567K | ﹤0.01% |
59,828
-2,094
| -3% | -$19.8K |
|
2346
Bloom Energy
BE
$15.7B
| $565K | ﹤0.01% |
+108,100
| New | +$565K |
|
2347
Entravision Communication
EVC
$226M
| $565K | ﹤0.01% |
278,197
-67,086
| -19% | -$136K |
|
2348
Xenon Pharmaceuticals
XENE
$2.79B
| $565K | ﹤0.01% |
49,855
-8,700
| -15% | -$98.6K |
|
|
BRMK
2349
DELISTED
Broadmark Realty Capital Inc. Common Stock
BRMK
| $565K | ﹤0.01% |
75,081
+62,500
| +497% | +$470K |
|
2350
CRA International
CRAI
$1.3B
| $563K | ﹤0.01% |
16,848
-18,865
| -53% | -$630K |
|