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 | |
|---|---|---|---|---|---|---|
2376
First Foundation Inc
FFWM
$493M
| $980K | ﹤0.01% |
56,301
+20,218
| +56% | +$352K |
|
|
MFSF
2377
DELISTED
MutualFirst Financial Inc
MFSF
| $979K | ﹤0.01% |
24,666
-5,600
| -19% | -$222K |
|
2378
Alector
ALEC
$278M
| $977K | ﹤0.01% |
56,693
+45,800
| +420% | +$789K |
|
2379
Global Partners
GLP
$1.77B
| $977K | ﹤0.01% |
48,487
+11,409
| +31% | +$230K |
|
2380
National CineMedia
NCMI
$455M
| $977K | ﹤0.01% |
13,398
+720
| +6% | +$52.5K |
|
|
EGLE
2381
DELISTED
Eagle Bulk Shipping Inc.
EGLE
| $976K | ﹤0.01% |
30,303
-6,705
| -18% | -$216K |
|
2382
Intellia Therapeutics
NTLA
$1.23B
| $973K | ﹤0.01% |
66,300
+54,900
| +482% | +$806K |
|
2383
Tootsie Roll Industries
TR
$2.92B
| $968K | ﹤0.01% |
33,845
-4,029
| -11% | -$115K |
|
|
CBB
2384
DELISTED
Cincinnati Bell Inc.
CBB
| $968K | ﹤0.01% |
92,481
+11,600
| +14% | +$121K |
|
2385
First Financial Corporation Common Stock
THFF
$691M
| $966K | ﹤0.01% |
21,127
-1,855
| -8% | -$84.8K |
|
|
EIGI
2386
DELISTED
Endurance International Group Holdings, Inc.
EIGI
| $966K | ﹤0.01% |
205,626
-20,000
| -9% | -$94K |
|
2387
Modine Manufacturing
MOD
$7.86B
| $963K | ﹤0.01% |
125,098
+6,984
| +6% | +$53.8K |
|
2388
NVE Corp
NVEC
$328M
| $963K | ﹤0.01% |
13,481
-1,200
| -8% | -$85.7K |
|
2389
TruBridge
TBRG
$302M
| $962K | ﹤0.01% |
36,445
-3,500
| -9% | -$92.4K |
|
2390
Sterling Infrastructure
STRL
$9.54B
| $961K | ﹤0.01% |
68,238
+3,400
| +5% | +$47.9K |
|
2391
Digital Turbine
APPS
$501M
| $960K | ﹤0.01% |
134,691
-34,796
| -21% | -$248K |
|
|
AIOT
2392
PowerFleet, Inc. Common Stock
AIOT
$701M
| $956K | ﹤0.01% |
146,786
| – | – |
|
2393
CryoPort
CYRX
$433M
| $954K | ﹤0.01% |
57,961
+4,546
| +9% | +$74.8K |
|
|
PBFX
2394
DELISTED
PBF LOGISTICS LP
PBFX
| $954K | ﹤0.01% |
47,100
+25,900
| +122% | +$525K |
|
|
RPT
2395
Rithm Property Trust Inc.
RPT
$124M
| $952K | ﹤0.01% |
66,513
+685
| +1% | +$9.8K |
|
|
PDLI
2396
DELISTED
PDL BioPharma, Inc.
PDLI
| $951K | ﹤0.01% |
293,171
-16,100
| -5% | -$52.2K |
|
2397
Old Second Bancorp
OSBC
$961M
| $950K | ﹤0.01% |
70,551
-13,586
| -16% | -$183K |
|
|
AGEN
2398
Agenus
AGEN
$143M
| $949K | ﹤0.01% |
11,879
+2,472
| +26% | +$197K |
|
2399
Fonar
FONR
$98.8M
| $949K | ﹤0.01% |
48,175
| – | – |
|
|
ARCE
2400
DELISTED
Arco Platform Limited Class A Common Shares
ARCE
| $949K | ﹤0.01% |
21,481
+15,541
| +262% | +$687K |
|