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 | |
|---|---|---|---|---|---|---|
2401
Amneal Pharmaceuticals
AMRX
$3.14B
| $947K | ﹤0.01% |
196,449
+78,178
| +66% | +$377K |
|
|
CETV
2402
DELISTED
Central European Media Enterprises Ltd
CETV
| $947K | ﹤0.01% |
208,954
+5,749
| +3% | +$26.1K |
|
2403
Argan
AGX
$3.18B
| $946K | ﹤0.01% |
23,571
+9,400
| +66% | +$377K |
|
|
CRC
2404
DELISTED
California Resources Corporation
CRC
| $946K | ﹤0.01% |
104,746
+17,400
| +20% | +$157K |
|
2405
Vital Energy
VTLE
$635M
| $943K | ﹤0.01% |
16,425
+2,385
| +17% | +$137K |
|
|
FLY
2406
DELISTED
Fly Leasing Limited
FLY
| $937K | ﹤0.01% |
47,816
+24,699
| +107% | +$484K |
|
|
FBMS
2407
DELISTED
The First Bancshares, Inc.
FBMS
| $936K | ﹤0.01% |
26,365
+10,600
| +67% | +$376K |
|
|
SPPI
2408
DELISTED
Spectrum Pharmaceuticals Inc
SPPI
| $935K | ﹤0.01% |
256,820
+34,700
| +16% | +$126K |
|
2409
Goldman Sachs BDC
GSBD
$1.3B
| $934K | ﹤0.01% |
43,900
+26,600
| +154% | +$566K |
|
2410
Ichor Holdings
ICHR
$579M
| $932K | ﹤0.01% |
28,024
+16,757
| +149% | +$557K |
|
|
ABTX
2411
DELISTED
Allegiance Bancshares, Inc.
ABTX
| $932K | ﹤0.01% |
24,798
+15,600
| +170% | +$586K |
|
2412
Caesarstone
CSTE
$48.4M
| $931K | ﹤0.01% |
61,801
-4,700
| -7% | -$70.8K |
|
|
VIVO
2413
DELISTED
Meridian Bioscience Inc
VIVO
| $931K | ﹤0.01% |
95,342
-15,590
| -14% | -$152K |
|
2414
Anterix
ATEX
$395M
| $930K | ﹤0.01% |
21,516
+4,700
| +28% | +$203K |
|
2415
Scully Royalty
SRL
$76.2M
| $925K | ﹤0.01% |
74,600
| – | – |
|
2416
TrueCar
TRUE
$215M
| $924K | ﹤0.01% |
194,572
+44,572
| +30% | +$212K |
|
|
CDMO
2417
DELISTED
Avid Bioservices, Inc. Common Stock
CDMO
| $923K | ﹤0.01% |
120,303
+38,161
| +46% | +$293K |
|
2418
Arlo Technologies
ARLO
$1.82B
| $922K | ﹤0.01% |
219,017
-30,900
| -12% | -$130K |
|
2419
Haverty Furniture Companies
HVT
$371M
| $920K | ﹤0.01% |
45,617
-13,377
| -23% | -$270K |
|
2420
Waterstone Financial
WSBF
$275M
| $919K | ﹤0.01% |
48,300
-4,788
| -9% | -$91.1K |
|
|
OPB
2421
DELISTED
Opus Bank Common Stock
OPB
| $917K | ﹤0.01% |
35,434
+18,883
| +114% | +$489K |
|
2422
York Water
YORW
$445M
| $916K | ﹤0.01% |
19,860
-5,983
| -23% | -$276K |
|
|
NOAH
2423
Noah Holdings
NOAH
$781M
| $915K | ﹤0.01% |
25,867
+1,684
| +7% | +$59.6K |
|
2424
Hingham Institution for Saving
HIFS
$625M
| $912K | ﹤0.01% |
4,339
-600
| -12% | -$126K |
|
|
OMN
2425
DELISTED
OMNOVA Solutions Inc.
OMN
| $911K | ﹤0.01% |
90,126
+16,509
| +22% | +$167K |
|