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 |
Walmart
WMT
|
+$250M |
| 2 |
Target
TGT
|
+$142M |
| 3 |
Abbott
ABT
|
+$113M |
| 4 |
Verizon
VZ
|
+$87.4M |
| 5 |
NetEase
NTES
|
+$77.2M |
Top Sells
| 1 |
Alibaba
BABA
|
+$930M |
| 2 |
Apple
AAPL
|
+$258M |
| 3 |
Ross Stores
ROST
|
+$168M |
| 4 |
TIF
Tiffany & Co.
TIF
|
+$117M |
| 5 |
NVR
NVR
|
+$96.3M |
Sector Composition
| 1 | Technology | 21.88% |
| 2 | Healthcare | 14.24% |
| 3 | Financials | 13.06% |
| 4 | Consumer Discretionary | 11.15% |
| 5 | Communication Services | 9.49% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
2451
Barrett Business Services
BBSI
$1.2B
| $1.06M | ﹤0.01% |
61,600
-5,688
| -8% | -$97.9K |
|
|
CUTR
2452
DELISTED
Cutera, Inc.
CUTR
| $1.06M | ﹤0.01% |
35,200
| – | – |
|
2453
Bank of Marin Bancorp
BMRC
$398M
| $1.05M | ﹤0.01% |
26,900
-2,444
| -8% | -$95.7K |
|
2454
Global Industrial
GIC
$1.42B
| $1.05M | ﹤0.01% |
25,600
-2,323
| -8% | -$95.6K |
|
2455
Immatics
IMTX
$707M
| $1.05M | ﹤0.01% |
93,900
-8,736
| -9% | -$98K |
|
2456
PDF Solutions
PDFS
$765M
| $1.05M | ﹤0.01% |
59,200
-6,806
| -10% | -$121K |
|
2457
Byline Bancorp
BY
$1.33B
| $1.05M | ﹤0.01% |
49,700
-7,060
| -12% | -$149K |
|
2458
Liquidity Services
LQDT
$849M
| $1.05M | ﹤0.01% |
56,500
-5,211
| -8% | -$96.8K |
|
2459
Tecnoglass
TGLS
$3.32B
| $1.05M | ﹤0.01% |
87,386
-4,266
| -5% | -$51.3K |
|
2460
Tidewater
TDW
$2.93B
| $1.05M | ﹤0.01% |
83,700
| – | – |
|
2461
American Public Education
APEI
$645M
| $1.05M | ﹤0.01% |
29,400
-4,409
| -13% | -$157K |
|
|
SNR
2462
DELISTED
NEW SENIOR INVESTMENT GROUP INC.
SNR
| $1.05M | ﹤0.01% |
168,200
-25,329
| -13% | -$158K |
|
2463
Barings BDC
BBDC
$978M
| $1.05M | ﹤0.01% |
104,730
-6,601
| -6% | -$65.9K |
|
2464
CEL-SCI Corp
CVM
$70.5M
| $1.05M | ﹤0.01% |
2,290
-87
| -4% | -$39.7K |
|
2465
GoHealth
GOCO
$79.6M
| $1.05M | ﹤0.01% |
5,960
-547
| -8% | -$95.9K |
|
2466
First Community Bankshares
FCBC
$680M
| $1.04M | ﹤0.01% |
34,798
-3,722
| -10% | -$112K |
|
2467
Mercantile Bank Corp
MBWM
$775M
| $1.04M | ﹤0.01% |
32,154
-2,976
| -8% | -$96.6K |
|
2468
Miller Industries
MLR
$455M
| $1.04M | ﹤0.01% |
22,600
-2,045
| -8% | -$94.5K |
|
|
CATC
2469
DELISTED
CAMBRIDGE BANCORP
CATC
| $1.04M | ﹤0.01% |
12,368
-1,747
| -12% | -$147K |
|
2470
Anterix
ATEX
$395M
| $1.04M | ﹤0.01% |
22,100
| – | – |
|
|
PARAA
2471
DELISTED
Paramount Global Class A
PARAA
| $1.04M | ﹤0.01% |
22,100
-2,088
| -9% | -$98.4K |
|
2472
MBIA
MBI
$393M
| $1.04M | ﹤0.01% |
108,100
-9,907
| -8% | -$95.3K |
|
2473
PC Connection
CNXN
$1.6B
| $1.04M | ﹤0.01% |
22,400
-2,055
| -8% | -$95.3K |
|
2474
Outset Medical
OM
$243M
| $1.04M | ﹤0.01% |
1,273
-118
| -8% | -$96.3K |
|
|
ACBI
2475
DELISTED
Atlantic Capital Bancshares, Inc. Common Stock
ACBI
| $1.04M | ﹤0.01% |
43,100
-3,902
| -8% | -$94.1K |
|