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 |
AT&T
T
|
+$179M |
| 2 |
Alphabet (Google) Class C
GOOG
|
+$146M |
| 3 |
PepsiCo
PEP
|
+$65.1M |
| 4 |
Coca-Cola
KO
|
+$62.7M |
| 5 |
Pfizer
PFE
|
+$54.5M |
Top Sells
| 1 |
Alphabet (Google) Class A
GOOGL
|
+$279M |
| 2 |
TWX
Time Warner Inc
TWX
|
+$178M |
| 3 |
Apple
AAPL
|
+$164M |
| 4 |
Microsoft
MSFT
|
+$135M |
| 5 |
Amazon
AMZN
|
+$134M |
Sector Composition
| 1 | Financials | 17.85% |
| 2 | Technology | 16.79% |
| 3 | Healthcare | 13.11% |
| 4 | Consumer Discretionary | 10.49% |
| 5 | Industrials | 10.12% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
2751
Americold
COLD
$3.76B
| $380K | ﹤0.01% |
17,241
+7,241
| +72% | +$160K |
|
|
SRT
2752
DELISTED
Startek Inc.
SRT
| $380K | ﹤0.01% |
60,391
| – | – |
|
2753
Roku
ROKU
$14B
| $377K | ﹤0.01% |
+8,847
| New | +$377K |
|
2754
VirnetX
VHC
$74.6M
| $377K | ﹤0.01% |
5,540
| – | – |
|
2755
RGC Resources
RGCO
$227M
| $376K | ﹤0.01% |
12,900
| – | – |
|
|
AVYA
2756
DELISTED
Avaya Holdings Corp. Common Stock
AVYA
| $376K | ﹤0.01% |
+18,706
| New | +$376K |
|
2757
Willdan Group
WLDN
$1.48B
| $375K | ﹤0.01% |
12,100
| – | – |
|
2758
Expro
XPRO
$1.42B
| $375K | ﹤0.01% |
8,003
+3,325
| +71% | +$156K |
|
2759
Fortress Biotech
FBIO
$115M
| $373K | ﹤0.01% |
8,333
| – | – |
|
|
JASO
2760
DELISTED
JA Solar Holdings, Co., Ltd
JASO
| $373K | ﹤0.01% |
54,700
| – | – |
|
|
CBMG
2761
DELISTED
Cellular Biomedicine Group, Inc.
CBMG
| $371K | ﹤0.01% |
19,000
| – | – |
|
2762
Cadiz
CDZI
$295M
| $370K | ﹤0.01% |
28,208
| – | – |
|
|
RC
2763
Ready Capital
RC
$675M
| $370K | ﹤0.01% |
22,789
+1,906
| +9% | +$30.9K |
|
|
OSG
2764
DELISTED
Overseas Shipholding Group Inc.
OSG
| $368K | ﹤0.01% |
94,788
-156,674
| -62% | -$608K |
|
2765
AstroNova
ALOT
$78.8M
| $365K | ﹤0.01% |
19,382
| – | – |
|
2766
Surmodics
SRDX
$459M
| $365K | ﹤0.01% |
+6,604
| New | +$365K |
|
2767
PC Connection
CNXN
$1.6B
| $364K | ﹤0.01% |
10,964
-2,378
| -18% | -$78.9K |
|
2768
Kodak
KODK
$464M
| $359K | ﹤0.01% |
94,476
-53,959
| -36% | -$205K |
|
|
DEST
2769
DELISTED
Destination Maternity Corporation
DEST
| $358K | ﹤0.01% |
61,500
| – | – |
|
2770
PhenixFIN
PFX
$96.1M
| $357K | ﹤0.01% |
5,145
-145
| -3% | -$10.1K |
|
2771
SolarEdge
SEDG
$1.75B
| $357K | ﹤0.01% |
7,467
-7,779
| -51% | -$372K |
|
2772
SLR Investment Corp
SLRC
$907M
| $356K | ﹤0.01% |
+17,415
| New | +$356K |
|
|
EPE
2773
DELISTED
EP Energy Corporation
EPE
| $356K | ﹤0.01% |
118,506
-68,086
| -36% | -$205K |
|
|
SNMP
2774
DELISTED
Evolve Transition Infrastructure LP
SNMP
| $354K | ﹤0.01% |
1,001
| – | – |
|
2775
SuRo Capital
SSSS
$210M
| $352K | ﹤0.01% |
61,113
| – | – |
|