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 |
Coca-Cola
KO
|
+$95.4M |
| 2 |
PepsiCo
PEP
|
+$73.5M |
| 3 |
Accenture
ACN
|
+$68.9M |
| 4 |
Lockheed Martin
LMT
|
+$66.5M |
| 5 |
Simon Property Group
SPG
|
+$53.6M |
Top Sells
| 1 |
JPMorgan Chase
JPM
|
+$144M |
| 2 |
Apple
AAPL
|
+$100M |
| 3 |
Berkshire Hathaway Class B
BRK.B
|
+$98.3M |
| 4 |
Alphabet (Google) Class A
GOOGL
|
+$91.6M |
| 5 |
Meta Platforms (Facebook)
META
|
+$65.5M |
Sector Composition
| 1 | Technology | 17.51% |
| 2 | Financials | 17.03% |
| 3 | Healthcare | 13.68% |
| 4 | Consumer Discretionary | 10.35% |
| 5 | Industrials | 10.11% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
2501
FormFactor
FORM
$2.32B
| $730K | ﹤0.01% |
53,125
-3,200
| -6% | -$44K |
|
2502
UroGen Pharma
URGN
$869M
| $730K | ﹤0.01% |
15,462
-1,423
| -8% | -$67.2K |
|
2503
Xenon Pharmaceuticals
XENE
$2.79B
| $726K | ﹤0.01% |
55,000
| – | – |
|
|
NCOM
2504
DELISTED
National Commerce Corporation
NCOM
| $726K | ﹤0.01% |
17,575
+2,837
| +19% | +$117K |
|
|
BDSI
2505
DELISTED
BioDelivery Sciences International, Inc.
BDSI
| $726K | ﹤0.01% |
259,400
| – | – |
|
|
LBY
2506
DELISTED
Libbey, Inc.
LBY
| $725K | ﹤0.01% |
82,875
+55
| +0.1% | +$481 |
|
2507
Plug Power
PLUG
$1.76B
| $724K | ﹤0.01% |
377,300
-63,914
| -14% | -$123K |
|
|
CORE
2508
DELISTED
Core Mark Holding Co., Inc.
CORE
| $716K | ﹤0.01% |
21,069
-922
| -4% | -$31.3K |
|
|
ATNX
2509
DELISTED
Athenex, Inc. Common Stock
ATNX
| $715K | ﹤0.01% |
2,300
-200
| -8% | -$62.2K |
|
2510
B. Riley Financial
RILY
$190M
| $713K | ﹤0.01% |
31,494
-2,600
| -8% | -$58.9K |
|
|
SN
2511
DELISTED
Sanchez Energy Corporation
SN
| $713K | ﹤0.01% |
309,864
| – | – |
|
|
BELFB
2512
Bel Fuse Class B
BELFB
$1.79B
| $712K | ﹤0.01% |
26,862
| – | – |
|
2513
MediciNova
MNOV
$60.3M
| $711K | ﹤0.01% |
56,926
-7,872
| -12% | -$98.3K |
|
|
ACRE
2514
Ares Commercial Real Estate
ACRE
$266M
| $708K | ﹤0.01% |
50,684
-3,134
| -6% | -$43.8K |
|
2515
Sunrun
RUN
$3.71B
| $706K | ﹤0.01% |
+56,715
| New | +$706K |
|
2516
Green Brick Partners
GRBK
$3.21B
| $703K | ﹤0.01% |
69,585
-5,562
| -7% | -$56.2K |
|
2517
Prothena Corp
PRTA
$442M
| $703K | ﹤0.01% |
53,726
-3,442
| -6% | -$45K |
|
2518
Agilysys
AGYS
$2.97B
| $701K | ﹤0.01% |
43,015
| – | – |
|
2519
Myers Industries
MYE
$587M
| $699K | ﹤0.01% |
30,046
+1,838
| +7% | +$42.8K |
|
2520
CVR Partners
UAN
$930M
| $699K | ﹤0.01% |
18,350
+1,016
| +6% | +$38.7K |
|
|
HIFR
2521
DELISTED
InfraREIT, Inc.
HIFR
| $697K | ﹤0.01% |
32,960
+2,145
| +7% | +$45.4K |
|
2522
Southern Missouri Bancorp
SMBC
$628M
| $695K | ﹤0.01% |
18,640
-800
| -4% | -$29.8K |
|
|
BHVN
2523
DELISTED
Biohaven Pharmaceutical Holding Company Ltd.
BHVN
| $695K | ﹤0.01% |
18,500
-1,500
| -8% | -$56.4K |
|
2524
Enphase Energy
ENPH
$4.92B
| $694K | ﹤0.01% |
143,004
+94,503
| +195% | +$459K |
|
|
KEYW
2525
DELISTED
The KEYW Holding Corporation
KEYW
| $693K | ﹤0.01% |
80,000
-7,000
| -8% | -$60.6K |
|