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 |
ATH
Athene Holding Ltd. Class A Common Shares
ATH
|
+$282M |
| 2 |
Alphabet (Google) Class A
GOOGL
|
+$224M |
| 3 |
JOBS
51job, Inc.
JOBS
|
+$26.8M |
| 4 |
Intel
INTC
|
+$24.2M |
| 5 |
WP
Worldpay, Inc.
WP
|
+$22.7M |
Top Sells
| 1 |
Alphabet (Google) Class C
GOOG
|
+$312M |
| 2 |
Amazon
AMZN
|
+$153M |
| 3 |
Johnson & Johnson
JNJ
|
+$75.8M |
| 4 |
Microsoft
MSFT
|
+$69.7M |
| 5 |
Honeywell
HON
|
+$60.9M |
Sector Composition
| 1 | Financials | 18.48% |
| 2 | Technology | 16.84% |
| 3 | Healthcare | 12.76% |
| 4 | Industrials | 10.58% |
| 5 | Consumer Discretionary | 10.45% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
2401
Build-A-Bear
BBW
$971M
| $795K | ﹤0.01% |
86,938
-20,972
| -19% | -$192K |
|
2402
Kodak
KODK
$486M
| $794K | ﹤0.01% |
148,435
-28,914
| -16% | -$155K |
|
|
SVA
2403
DELISTED
Sinovac Biotech, Ltd
SVA
| $793K | ﹤0.01% |
92,127
+30,127
| +49% | +$259K |
|
2404
American Vanguard Corp
AVD
$160M
| $790K | ﹤0.01% |
39,100
| – | – |
|
2405
Natural Resource Partners
NRP
$1.34B
| $790K | ﹤0.01% |
27,540
| – | – |
|
|
KEYW
2406
DELISTED
The KEYW Holding Corporation
KEYW
| $788K | ﹤0.01% |
100,200
| – | – |
|
2407
Beasley Broadcasting Group
BBGI
$9.62M
| $786K | ﹤0.01% |
3,479
| – | – |
|
2408
STAAR Surgical
STAA
$1.37B
| $785K | ﹤0.01% |
53,047
+1,288
| +2% | +$19.1K |
|
2409
Spok Holdings
SPOK
$360M
| $784K | ﹤0.01% |
52,456
-18,771
| -26% | -$281K |
|
2410
Kura Oncology
KURA
$711M
| $783K | ﹤0.01% |
41,767
-7,400
| -15% | -$139K |
|
2411
Super Micro Computer
SMCI
$26.7B
| $782K | ﹤0.01% |
459,910
+39,910
| +10% | +$67.9K |
|
2412
Gaia
GAIA
$152M
| $780K | ﹤0.01% |
50,305
| – | – |
|
2413
Western New England Bancorp
WNEB
$250M
| $780K | ﹤0.01% |
73,206
| – | – |
|
|
VOXX
2414
DELISTED
VOXX International Corporation Class A
VOXX
| $780K | ﹤0.01% |
157,497
-50,068
| -24% | -$248K |
|
2415
Natural Gas Services Group
NGS
$335M
| $777K | ﹤0.01% |
32,587
+3,187
| +11% | +$76K |
|
2416
Synchronoss Technologies
SNCR
$66.9M
| $777K | ﹤0.01% |
8,188
+3,032
| +59% | +$288K |
|
2417
Vicor
VICR
$2.28B
| $777K | ﹤0.01% |
27,200
| – | – |
|
2418
MarineMax
HZO
$556M
| $776K | ﹤0.01% |
39,900
| – | – |
|
2419
Manchester United
MANU
$2.8B
| $774K | ﹤0.01% |
40,300
| – | – |
|
|
VNET
2420
VNET Group
VNET
$2.57B
| $774K | ﹤0.01% |
111,760
-48,169
| -30% | -$334K |
|
|
RPT
2421
Rithm Property Trust Inc.
RPT
$124M
| $771K | ﹤0.01% |
58,892
| – | – |
|
|
HIVE
2422
DELISTED
AEROHIVE NETWORKS, INC.
HIVE
| $771K | ﹤0.01% |
190,900
| – | – |
|
|
JKS
2423
JinkoSolar
JKS
$1.3B
| $769K | ﹤0.01% |
42,160
-14,755
| -26% | -$269K |
|
|
PRMW
2424
DELISTED
Primo Water Corporation
PRMW
| $769K | ﹤0.01% |
65,705
+960
| +1% | +$11.2K |
|
2425
Harmonic Inc
HLIT
$1.13B
| $768K | ﹤0.01% |
202,115
-50,610
| -20% | -$192K |
|