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 |
Walt Disney
DIS
|
+$134M |
| 2 |
PepsiCo
PEP
|
+$132M |
| 3 |
Coca-Cola
KO
|
+$126M |
| 4 |
Procter & Gamble
PG
|
+$109M |
| 5 |
Alphabet (Google) Class A
GOOGL
|
+$106M |
Top Sells
| 1 |
ATH
Athene Holding Ltd. Class A Common Shares
ATH
|
+$315M |
| 2 |
Mastercard
MA
|
+$267M |
| 3 |
Apple
AAPL
|
+$221M |
| 4 |
RTN
Raytheon Company
RTN
|
+$149M |
| 5 |
Northrop Grumman
NOC
|
+$131M |
Sector Composition
| 1 | Technology | 16.59% |
| 2 | Financials | 15.25% |
| 3 | Healthcare | 13.81% |
| 4 | Consumer Discretionary | 10.01% |
| 5 | Industrials | 8.71% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
RAVN
1401
DELISTED
Raven Industries Inc
RAVN
| $3.48M | ﹤0.01% |
90,715
-4,708
| -5% | -$181K |
|
|
VG
1402
DELISTED
Vonage Holdings Corporation
VG
| $3.48M | ﹤0.01% |
346,692
-91,336
| -21% | -$917K |
|
|
ICPT
1403
DELISTED
Intercept Pharmaceuticals, Inc.
ICPT
| $3.48M | ﹤0.01% |
31,088
+1,223
| +4% | +$137K |
|
1404
Digimarc
DMRC
$204M
| $3.47M | ﹤0.01% |
110,700
| – | – |
|
|
CVA
1405
DELISTED
Covanta Holding Corporation
CVA
| $3.47M | ﹤0.01% |
200,452
-12,278
| -6% | -$213K |
|
|
AVX
1406
DELISTED
AVX Corporation
AVX
| $3.47M | ﹤0.01% |
200,079
-11,125
| -5% | -$193K |
|
1407
DMC Global
BOOM
$145M
| $3.46M | ﹤0.01% |
69,656
+2,703
| +4% | +$134K |
|
1408
Gibraltar Industries
ROCK
$1.78B
| $3.46M | ﹤0.01% |
85,162
+15,501
| +22% | +$629K |
|
|
MDR
1409
DELISTED
McDermott International
MDR
| $3.46M | ﹤0.01% |
464,669
-27,017
| -5% | -$201K |
|
1410
Designer Brands
DBI
$225M
| $3.45M | ﹤0.01% |
155,391
-15,126
| -9% | -$336K |
|
1411
MRC Global
MRC
$1.23B
| $3.45M | ﹤0.01% |
197,347
-13,009
| -6% | -$227K |
|
|
MRTX
1412
DELISTED
Mirati Therapeutics, Inc. Common Stock
MRTX
| $3.45M | ﹤0.01% |
47,001
-400
| -0.8% | -$29.3K |
|
|
RDFN
1413
DELISTED
Redfin
RDFN
| $3.44M | ﹤0.01% |
169,826
+17,700
| +12% | +$359K |
|
1414
Pacific Biosciences
PACB
$351M
| $3.42M | ﹤0.01% |
473,605
+31,722
| +7% | +$229K |
|
1415
CareTrust REIT
CTRE
$7.62B
| $3.42M | ﹤0.01% |
145,879
+28,146
| +24% | +$660K |
|
1416
NBT Bancorp
NBTB
$2.27B
| $3.42M | ﹤0.01% |
94,880
-10,350
| -10% | -$373K |
|
1417
Liberty Latin America Class C
LILAK
$1.53B
| $3.38M | ﹤0.01% |
184,644
-2,548
| -1% | -$46.7K |
|
1418
Independent Bank
INDB
$3.56B
| $3.38M | ﹤0.01% |
41,659
-2,857
| -6% | -$231K |
|
1419
J&J Snack Foods
JJSF
$2.02B
| $3.37M | ﹤0.01% |
21,243
+1,782
| +9% | +$283K |
|
1420
Insmed
INSM
$30.8B
| $3.37M | ﹤0.01% |
115,782
+12,382
| +12% | +$360K |
|
1421
AngioDynamics
ANGO
$433M
| $3.36M | ﹤0.01% |
147,125
-2,479
| -2% | -$56.7K |
|
1422
8x8 Inc
EGHT
$286M
| $3.36M | ﹤0.01% |
166,457
-7,650
| -4% | -$155K |
|
1423
Forward Air
FWRD
$904M
| $3.36M | ﹤0.01% |
51,892
-1,565
| -3% | -$101K |
|
1424
Hilltop Holdings
HTH
$2.18B
| $3.35M | ﹤0.01% |
183,761
-10,183
| -5% | -$186K |
|
1425
BGC Group
BGC
$4.82B
| $3.35M | ﹤0.01% |
630,774
-159,655
| -20% | -$848K |
|