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 | |
|---|---|---|---|---|---|---|
|
CNR
2451
Core Natural Resources, Inc.
CNR
$3.75B
| $875K | ﹤0.01% |
60,279
+8,900
| +17% | +$129K |
|
|
HUD
2452
DELISTED
Hudson Ltd. Class A Common Shares
HUD
| $874K | ﹤0.01% |
56,988
+30,092
| +112% | +$462K |
|
|
EVA
2453
DELISTED
Enviva Inc.
EVA
| $869K | ﹤0.01% |
23,304
-11,251
| -33% | -$420K |
|
|
GHL
2454
DELISTED
Greenhill & Co., Inc.
GHL
| $868K | ﹤0.01% |
50,800
-8,100
| -14% | -$138K |
|
2455
Adaptive Biotechnologies
ADPT
$1.92B
| $862K | ﹤0.01% |
+28,800
| New | +$862K |
|
|
NWHM
2456
DELISTED
THE NEW HOME COMPANY INC.
NWHM
| $862K | ﹤0.01% |
184,900
| – | – |
|
2457
Talos Energy
TALO
$1.68B
| $861K | ﹤0.01% |
28,569
+9,400
| +49% | +$283K |
|
|
PFNX
2458
DELISTED
Pfenex Inc.
PFNX
| $861K | ﹤0.01% |
78,436
+4,536
| +6% | +$49.8K |
|
2459
AnaptysBio
ANAB
$655M
| $858K | ﹤0.01% |
52,800
+6,400
| +14% | +$104K |
|
2460
SpartanNash
SPTN
$897M
| $855K | ﹤0.01% |
60,049
+21,400
| +55% | +$305K |
|
|
KRTX
2461
DELISTED
Karuna Therapeutics, Inc. Common Stock
KRTX
| $851K | ﹤0.01% |
+11,289
| New | +$851K |
|
|
GLOG
2462
DELISTED
GASLOG LTD
GLOG
| $851K | ﹤0.01% |
86,961
+14,900
| +21% | +$146K |
|
2463
Oaktree Specialty Lending
OCSL
$1.21B
| $848K | ﹤0.01% |
51,743
+30,457
| +143% | +$499K |
|
|
LEAF
2464
DELISTED
Leaf Group Ltd.
LEAF
| $847K | ﹤0.01% |
211,640
| – | – |
|
2465
Hackett Group
HCKT
$575M
| $846K | ﹤0.01% |
52,424
-10,993
| -17% | -$177K |
|
2466
Q32 Bio
QTTB
$23.5M
| $845K | ﹤0.01% |
2,267
+1,607
| +243% | +$599K |
|
2467
National Presto Industries
NPK
$802M
| $844K | ﹤0.01% |
9,547
-248
| -3% | -$21.9K |
|
|
DSPG
2468
DELISTED
DSP Group Inc
DSPG
| $843K | ﹤0.01% |
53,529
-1,500
| -3% | -$23.6K |
|
2469
Midland States Bancorp
MSBI
$385M
| $841K | ﹤0.01% |
29,037
+18,265
| +170% | +$529K |
|
2470
Tecnoglass
TGLS
$3.32B
| $841K | ﹤0.01% |
101,966
+28
| +0% | +$231 |
|
|
WSR
2471
Whitestone REIT
WSR
$664M
| $840K | ﹤0.01% |
61,667
-26,876
| -30% | -$366K |
|
|
CHUY
2472
DELISTED
Chuy's Holdings, Inc. Common Stock
CHUY
| $840K | ﹤0.01% |
32,408
+3,100
| +11% | +$80.4K |
|
2473
RF Industries
RFIL
$79.1M
| $839K | ﹤0.01% |
124,100
| – | – |
|
2474
Home Bancorp
HBCP
$433M
| $838K | ﹤0.01% |
21,393
-1,700
| -7% | -$66.6K |
|
|
AMNB
2475
DELISTED
American National Bankshares Inc
AMNB
| $838K | ﹤0.01% |
21,179
+1,800
| +9% | +$71.2K |
|