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 | |
|---|---|---|---|---|---|---|
2426
Garrett Motion
GTX
$2.64B
| $477K | ﹤0.01% |
166,756
+2,600
| +2% | +$7.44K |
|
|
CPE
2427
DELISTED
Callon Petroleum Company
CPE
| $477K | ﹤0.01% |
87,003
-30,637
| -26% | -$168K |
|
2428
Global Partners
GLP
$1.77B
| $475K | ﹤0.01% |
53,827
+5,340
| +11% | +$47.1K |
|
2429
NWPX Infrastructure, Inc. Common Stock
NWPX
$495M
| $475K | ﹤0.01% |
21,333
-1,500
| -7% | -$33.4K |
|
2430
Ezcorp Inc
EZPW
$1.04B
| $472K | ﹤0.01% |
113,101
-18,300
| -14% | -$76.4K |
|
2431
Nature's Sunshine
NATR
$299M
| $472K | ﹤0.01% |
58,080
-4,120
| -7% | -$33.5K |
|
2432
NewtekOne
NEWT
$303M
| $471K | ﹤0.01% |
35,675
-15,196
| -30% | -$201K |
|
|
DESP
2433
DELISTED
Despegar.com
DESP
| $469K | ﹤0.01% |
82,700
+31,500
| +62% | +$179K |
|
2434
RF Industries
RFIL
$79.1M
| $469K | ﹤0.01% |
118,018
-6,082
| -5% | -$24.2K |
|
|
SOHU
2435
Sohu.com
SOHU
$480M
| $468K | ﹤0.01% |
75,198
+878
| +1% | +$5.46K |
|
2436
Astronics
ATRO
$1.41B
| $466K | ﹤0.01% |
50,740
-1,000
| -2% | -$9.18K |
|
|
ATAXZ
2437
DELISTED
AMERICA FIRST TAX EXEMT INV LP
ATAXZ
| $466K | ﹤0.01% |
88,972
+2,600
| +3% | +$13.6K |
|
2438
HCI Group
HCI
$2.34B
| $465K | ﹤0.01% |
11,548
+243
| +2% | +$9.79K |
|
|
CEQP
2439
DELISTED
Crestwood Equity Partners LP
CEQP
| $465K | ﹤0.01% |
109,950
+1,600
| +1% | +$6.77K |
|
2440
Unity Bancorp
UNTY
$521M
| $463K | ﹤0.01% |
39,550
-4,593
| -10% | -$53.8K |
|
|
MSB
2441
Mesabi Trust
MSB
$412M
| $462K | ﹤0.01% |
32,321
-12,691
| -28% | -$181K |
|
2442
Civitas Resources
CIVI
$3.02B
| $460K | ﹤0.01% |
40,903
-16,345
| -29% | -$184K |
|
2443
Progyny
PGNY
$1.94B
| $460K | ﹤0.01% |
+21,715
| New | +$460K |
|
|
GNMK
2444
DELISTED
GenMark Diagnostics, Inc
GNMK
| $460K | ﹤0.01% |
111,662
| – | – |
|
2445
Caleres
CAL
$503M
| $459K | ﹤0.01% |
88,258
-106,035
| -55% | -$551K |
|
2446
Lifecore Biomedical
LFCR
$281M
| $459K | ﹤0.01% |
52,800
-9,500
| -15% | -$82.6K |
|
2447
National CineMedia
NCMI
$455M
| $457K | ﹤0.01% |
14,018
+620
| +5% | +$20.2K |
|
|
PRMW
2448
DELISTED
Primo Water Corporation
PRMW
| $457K | ﹤0.01% |
+50,405
| New | +$457K |
|
|
EBTC
2449
DELISTED
Enterprise Bancorp
EBTC
| $455K | ﹤0.01% |
16,840
| – | – |
|
2450
Vishay Precision Group
VPG
$416M
| $455K | ﹤0.01% |
22,668
-38,478
| -63% | -$772K |
|