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 | |
|---|---|---|---|---|---|---|
2376
Citizens & Northern Corp
CZNC
$311M
| $532K | ﹤0.01% |
26,617
-1,600
| -6% | -$32K |
|
2377
Ethan Allen Interiors
ETD
$742M
| $532K | ﹤0.01% |
52,087
-43,645
| -46% | -$446K |
|
|
EVRI
2378
DELISTED
Everi Holdings
EVRI
| $532K | ﹤0.01% |
161,167
-22,942
| -12% | -$75.7K |
|
|
JCAP
2379
DELISTED
Jernigan Capital, Inc.
JCAP
| $530K | ﹤0.01% |
48,398
-59,660
| -55% | -$653K |
|
2380
Koppers
KOP
$567M
| $528K | ﹤0.01% |
42,656
-58,434
| -58% | -$723K |
|
|
CTT
2381
DELISTED
CATCHMARK TIMBER TRUST, INC.
CTT
| $528K | ﹤0.01% |
73,100
+3,800
| +5% | +$27.4K |
|
|
MRLN
2382
DELISTED
Marlin Business Services Corp
MRLN
| $528K | ﹤0.01% |
47,313
-5,438
| -10% | -$60.7K |
|
|
AMNB
2383
DELISTED
American National Bankshares Inc
AMNB
| $528K | ﹤0.01% |
22,079
+900
| +4% | +$21.5K |
|
2384
TherapeuticsMD
TXMD
$12.8M
| $524K | ﹤0.01% |
9,894
+1,248
| +14% | +$66.1K |
|
|
CHK
2385
DELISTED
Chesapeake Energy Corporation
CHK
| $524K | ﹤0.01% |
15,158
+2,705
| +22% | +$93.5K |
|
2386
GameStop
GME
$11.2B
| $523K | ﹤0.01% |
598,068
-203,200
| -25% | -$178K |
|
2387
Cross Country Healthcare
CCRN
$411M
| $522K | ﹤0.01% |
77,425
+14,320
| +23% | +$96.5K |
|
2388
Park Aerospace
PKE
$372M
| $522K | ﹤0.01% |
41,438
-1,300
| -3% | -$16.4K |
|
2389
Safe Bulkers
SB
$466M
| $520K | ﹤0.01% |
436,670
-48,230
| -10% | -$57.4K |
|
2390
Civista Bancshares
CIVB
$402M
| $519K | ﹤0.01% |
34,723
-2,600
| -7% | -$38.9K |
|
2391
Mercer International
MERC
$206M
| $519K | ﹤0.01% |
71,663
-47,900
| -40% | -$347K |
|
|
RC
2392
Ready Capital
RC
$689M
| $519K | ﹤0.01% |
71,858
-29,656
| -29% | -$214K |
|
2393
Clean Energy Fuels
CLNE
$526M
| $518K | ﹤0.01% |
291,017
+40,099
| +16% | +$71.4K |
|
2394
Helix Energy Solutions
HLX
$914M
| $518K | ﹤0.01% |
315,913
-157,700
| -33% | -$259K |
|
|
FSR
2395
DELISTED
Fisker Inc.
FSR
| $517K | ﹤0.01% |
51,061
-8,011
| -14% | -$81.1K |
|
2396
Powell Industries
POWL
$3.47B
| $516K | ﹤0.01% |
20,115
-8,080
| -29% | -$207K |
|
2397
Five Point Holdings
FPH
$417M
| $515K | ﹤0.01% |
101,577
+56,700
| +126% | +$287K |
|
|
SMMF
2398
DELISTED
Summit Financial Group, Inc.
SMMF
| $515K | ﹤0.01% |
24,276
-1,387
| -5% | -$29.4K |
|
|
PAE
2399
DELISTED
PAE Incorporated Class A Common Stock
PAE
| $515K | ﹤0.01% |
79,300
+38,438
| +94% | +$250K |
|
|
CAI
2400
DELISTED
CAI International, Inc.
CAI
| $514K | ﹤0.01% |
36,324
-24,800
| -41% | -$351K |
|