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 |
Gilead Sciences
GILD
|
+$475M |
| 2 |
Vertex Pharmaceuticals
VRTX
|
+$463M |
| 3 |
Regeneron Pharmaceuticals
REGN
|
+$408M |
| 4 |
Adobe
ADBE
|
+$333M |
| 5 |
T-Mobile US
TMUS
|
+$205M |
Top Sells
| 1 |
Apple
AAPL
|
+$372M |
| 2 |
Alphabet (Google) Class A
GOOGL
|
+$146M |
| 3 |
Sysco
SYY
|
+$144M |
| 4 |
AGN
Allergan plc
AGN
|
+$134M |
| 5 |
Welltower
WELL
|
+$124M |
Sector Composition
| 1 | Technology | 20.98% |
| 2 | Healthcare | 14.54% |
| 3 | Financials | 12.83% |
| 4 | Consumer Discretionary | 10.65% |
| 5 | Consumer Staples | 8.81% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
DSPG
2401
DELISTED
DSP Group Inc
DSPG
| $767K | ﹤0.01% |
48,329
-700
| -1% | -$11.1K |
|
2402
Expro
XPRO
$1.43B
| $765K | ﹤0.01% |
57,140
+29,155
| +104% | +$390K |
|
2403
Liberty Energy
LBRT
$1.73B
| $763K | ﹤0.01% |
139,277
+20,917
| +18% | +$115K |
|
2404
Gladstone Investment Corp
GAIN
$544M
| $761K | ﹤0.01% |
74,300
-1,200
| -2% | -$12.3K |
|
2405
Beam Therapeutics
BEAM
$2.08B
| $760K | ﹤0.01% |
+27,149
| New | +$760K |
|
2406
Bar Harbor Bankshares
BHB
$540M
| $760K | ﹤0.01% |
33,922
| – | – |
|
|
BWIN
2407
Baldwin Insurance Group
BWIN
$2.22B
| $759K | ﹤0.01% |
43,970
-3,440
| -7% | -$59.4K |
|
2408
Peapack-Gladstone Financial
PGC
$517M
| $758K | ﹤0.01% |
40,492
-1,540
| -4% | -$28.8K |
|
2409
Amerant Bancorp
AMTB
$880M
| $757K | ﹤0.01% |
50,303
+27,593
| +122% | +$415K |
|
2410
Kopin
KOPN
$412M
| $757K | ﹤0.01% |
569,072
| – | – |
|
2411
Ooma
OOMA
$345M
| $757K | ﹤0.01% |
45,964
+16,764
| +57% | +$276K |
|
|
LEAF
2412
DELISTED
Leaf Group Ltd.
LEAF
| $757K | ﹤0.01% |
206,292
| – | – |
|
2413
Cytosorbents Corp
CTSO
$58.9M
| $756K | ﹤0.01% |
76,390
+32,290
| +73% | +$320K |
|
|
QTT
2414
DELISTED
Qutoutiao Inc. American Depositary Shares
QTT
| $756K | ﹤0.01% |
25,354
+1,876
| +8% | +$55.9K |
|
|
MNRL
2415
DELISTED
Brigham Minerals, Inc. Class A Common Stock
MNRL
| $756K | ﹤0.01% |
61,200
+27,400
| +81% | +$338K |
|
|
MTSC
2416
DELISTED
MTS Systems Corp
MTSC
| $756K | ﹤0.01% |
42,961
+2,238
| +5% | +$39.4K |
|
2417
Mercer International
MERC
$206M
| $754K | ﹤0.01% |
92,366
+20,703
| +29% | +$169K |
|
|
AFMD
2418
DELISTED
Affimed
AFMD
| $750K | ﹤0.01% |
16,246
+1,256
| +8% | +$58K |
|
2419
Heritage Insurance Holdings
HRTG
$763M
| $750K | ﹤0.01% |
57,297
+431
| +0.8% | +$5.64K |
|
2420
Waterstone Financial
WSBF
$275M
| $749K | ﹤0.01% |
50,500
-1,600
| -3% | -$23.7K |
|
|
SCPL
2421
DELISTED
SciPlay Corporation Class A Common Stock
SCPL
| $749K | ﹤0.01% |
50,507
+30,000
| +146% | +$445K |
|
2422
Midland States Bancorp
MSBI
$385M
| $748K | ﹤0.01% |
50,056
+10,019
| +25% | +$150K |
|
2423
ARKO Corp
ARKO
$567M
| $747K | ﹤0.01% |
72,200
+52,200
| +261% | +$540K |
|
2424
Berry Corp
BRY
$257M
| $746K | ﹤0.01% |
154,442
+13,030
| +9% | +$62.9K |
|
2425
Hackett Group
HCKT
$575M
| $746K | ﹤0.01% |
55,124
+800
| +1% | +$10.8K |
|