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 | |
|---|---|---|---|---|---|---|
|
SDC
2426
DELISTED
SmileDirectClub, Inc. Class A Common Stock
SDC
| $910K | ﹤0.01% |
+104,088
| New | +$910K |
|
2427
Hudbay
HBM
$5.35B
| $907K | ﹤0.01% |
+218,480
| New | +$907K |
|
|
ELVT
2428
DELISTED
Elevate Credit, Inc.
ELVT
| $907K | ﹤0.01% |
203,895
+16,295
| +9% | +$72.5K |
|
2429
Entravision Communication
EVC
$226M
| $905K | ﹤0.01% |
345,283
-102,800
| -23% | -$269K |
|
|
GOOD
2430
Gladstone Commercial Corp
GOOD
$608M
| $905K | ﹤0.01% |
41,402
-13,722
| -25% | -$300K |
|
|
ACR
2431
ACRES Commercial Realty
ACR
$154M
| $896K | ﹤0.01% |
25,302
| – | – |
|
2432
Civista Bancshares
CIVB
$402M
| $896K | ﹤0.01% |
37,323
+142
| +0.4% | +$3.41K |
|
2433
Customers Bancorp
CUBI
$2.32B
| $896K | ﹤0.01% |
37,615
+22,100
| +142% | +$526K |
|
2434
Ezcorp Inc
EZPW
$1.04B
| $896K | ﹤0.01% |
131,401
-36,957
| -22% | -$252K |
|
|
TUP
2435
DELISTED
Tupperware Brands Corporation
TUP
| $894K | ﹤0.01% |
104,226
-6,716
| -6% | -$57.6K |
|
2436
Viking Therapeutics
VKTX
$2.79B
| $893K | ﹤0.01% |
111,400
+91,900
| +471% | +$737K |
|
|
AMAG
2437
DELISTED
AMAG Pharmaceuticals, Inc.
AMAG
| $892K | ﹤0.01% |
73,300
-7,027
| -9% | -$85.5K |
|
|
STML
2438
DELISTED
Stemline Therapeutics, Inc.
STML
| $892K | ﹤0.01% |
83,900
+44,400
| +112% | +$472K |
|
2439
Comstock Resources
CRK
$4.67B
| $890K | ﹤0.01% |
108,100
| – | – |
|
2440
DLH Holdings
DLHC
$79.1M
| $888K | ﹤0.01% |
211,866
| – | – |
|
2441
Taylor Devices
TAYD
$149M
| $888K | ﹤0.01% |
84,456
| – | – |
|
2442
Manchester United
MANU
$2.8B
| $885K | ﹤0.01% |
44,401
+3,600
| +9% | +$71.8K |
|
2443
Red Robin
RRGB
$121M
| $884K | ﹤0.01% |
26,784
+5,200
| +24% | +$172K |
|
|
AHT
2444
Ashford Hospitality Trust
AHT
$38.1M
| $882K | ﹤0.01% |
316
-4
| -1% | -$11.2K |
|
2445
First Community Bankshares
FCBC
$680M
| $878K | ﹤0.01% |
28,307
+4,400
| +18% | +$136K |
|
2446
Primis Financial Corp
FRST
$269M
| $878K | ﹤0.01% |
53,727
+6,207
| +13% | +$101K |
|
2447
Myers Industries
MYE
$587M
| $877K | ﹤0.01% |
52,566
+18,021
| +52% | +$301K |
|
2448
Citizens
CIA
$274M
| $876K | ﹤0.01% |
129,843
-16,045
| -11% | -$108K |
|
|
GMRE
2449
Global Medical REIT
GMRE
$512M
| $876K | ﹤0.01% |
66,207
+2,637
| +4% | +$34.9K |
|
|
SY
2450
So-Young International
SY
$374M
| $875K | ﹤0.01% |
+71,639
| New | +$875K |
|