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 | |
|---|---|---|---|---|---|---|
2351
Rhythm Pharmaceuticals
RYTM
$6.39B
| $1.03M | ﹤0.01% |
45,027
+33,985
| +308% | +$780K |
|
|
I
2352
DELISTED
INTELSAT S. A.
I
| $1.03M | ﹤0.01% |
146,898
+14,800
| +11% | +$104K |
|
2353
Orion Group Holdings
ORN
$299M
| $1.03M | ﹤0.01% |
198,400
-69,400
| -26% | -$360K |
|
2354
Rigel Pharmaceuticals
RIGL
$681M
| $1.03M | ﹤0.01% |
47,966
-4,480
| -9% | -$95.8K |
|
|
HMHC
2355
DELISTED
Houghton Mifflin Harcourt Company
HMHC
| $1.03M | ﹤0.01% |
164,192
+67,400
| +70% | +$421K |
|
|
MTL
2356
DELISTED
Mechel PAO American Depository Shares, each representing two ordinary shares (ADSs)
MTL
| $1.02M | ﹤0.01% |
496,910
+31,841
| +7% | +$65.6K |
|
|
PETQ
2357
DELISTED
PetIQ, Inc. Class A Common Stock
PETQ
| $1.02M | ﹤0.01% |
40,800
+6,700
| +20% | +$168K |
|
|
HAYN
2358
DELISTED
Haynes International, Inc.
HAYN
| $1.02M | ﹤0.01% |
28,501
+3,600
| +14% | +$129K |
|
|
BITA
2359
DELISTED
Bitauto Holdings Limited
BITA
| $1.02M | ﹤0.01% |
68,435
+4,290
| +7% | +$63.7K |
|
2360
Nordic American Tanker
NAT
$669M
| $1.01M | ﹤0.01% |
204,657
+95,465
| +87% | +$470K |
|
2361
UNIFI
UFI
$82.8M
| $1.01M | ﹤0.01% |
39,874
-3,300
| -8% | -$83.3K |
|
2362
Kura Oncology
KURA
$711M
| $1.01M | ﹤0.01% |
73,154
+27,200
| +59% | +$374K |
|
2363
Harmonic Inc
HLIT
$1.13B
| $999K | ﹤0.01% |
128,137
+61,351
| +92% | +$478K |
|
2364
Johnson Outdoors
JOUT
$422M
| $999K | ﹤0.01% |
13,022
+3,992
| +44% | +$306K |
|
|
PGNX
2365
DELISTED
Progenics Pharmaceuticals Inc
PGNX
| $997K | ﹤0.01% |
195,884
+56,384
| +40% | +$287K |
|
2366
Unity Bancorp
UNTY
$521M
| $996K | ﹤0.01% |
44,143
-13,700
| -24% | -$309K |
|
2367
Citi Trends
CTRN
$281M
| $994K | ﹤0.01% |
43,000
-9,400
| -18% | -$217K |
|
|
BSTC
2368
DELISTED
BioSpecifics Technologies Corp.
BSTC
| $994K | ﹤0.01% |
17,460
-1,906
| -10% | -$109K |
|
2369
IES Holdings
IESC
$7.5B
| $993K | ﹤0.01% |
38,715
-9,700
| -20% | -$249K |
|
2370
PetMed Express
PETS
$57.8M
| $993K | ﹤0.01% |
42,212
+1,600
| +4% | +$37.6K |
|
2371
Timberland Bancorp
TSBK
$288M
| $993K | ﹤0.01% |
33,400
-8,900
| -21% | -$265K |
|
|
LGF.A
2372
DELISTED
Lions Gate Entertainment Corp. Class A Voting Shares
LGF.A
| $993K | ﹤0.01% |
93,141
-819
| -0.9% | -$8.73K |
|
|
CHS
2373
DELISTED
Chicos FAS, Inc.
CHS
| $991K | ﹤0.01% |
260,177
+36,700
| +16% | +$140K |
|
|
AXDX
2374
DELISTED
Accelerate Diagnostics
AXDX
| $988K | ﹤0.01% |
5,843
+2,593
| +80% | +$438K |
|
2375
First Bancorp
FNLC
$301M
| $984K | ﹤0.01% |
32,558
-4,400
| -12% | -$133K |
|