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 |
ATH
Athene Holding Ltd. Class A Common Shares
ATH
|
+$282M |
| 2 |
Alphabet (Google) Class A
GOOGL
|
+$224M |
| 3 |
JOBS
51job, Inc.
JOBS
|
+$26.8M |
| 4 |
Intel
INTC
|
+$24.2M |
| 5 |
WP
Worldpay, Inc.
WP
|
+$22.7M |
Top Sells
| 1 |
Alphabet (Google) Class C
GOOG
|
+$312M |
| 2 |
Amazon
AMZN
|
+$153M |
| 3 |
Johnson & Johnson
JNJ
|
+$75.8M |
| 4 |
Microsoft
MSFT
|
+$69.7M |
| 5 |
Honeywell
HON
|
+$60.9M |
Sector Composition
| 1 | Financials | 18.48% |
| 2 | Technology | 16.84% |
| 3 | Healthcare | 12.76% |
| 4 | Industrials | 10.58% |
| 5 | Consumer Discretionary | 10.45% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
UNIT
1426
Uniti Group
UNIT
$1.71B
| $4.17M | 0.01% |
256,581
+11,201
| +5% | +$182K |
|
|
CYS
1427
DELISTED
CYS Investments Inc.
CYS
| $4.17M | 0.01% |
619,968
-118,633
| -16% | -$797K |
|
|
HEES
1428
DELISTED
H&E Equipment Services
HEES
| $4.16M | 0.01% |
108,193
-26,418
| -20% | -$1.02M |
|
1429
Fabrinet
FN
$12.8B
| $4.16M | 0.01% |
132,678
-6,000
| -4% | -$188K |
|
|
RAVN
1430
DELISTED
Raven Industries Inc
RAVN
| $4.16M | 0.01% |
118,748
-4,176
| -3% | -$146K |
|
1431
Franklin Electric
FELE
$4.21B
| $4.16M | 0.01% |
102,014
-25,650
| -20% | -$1.05M |
|
|
AAWW
1432
DELISTED
Atlas Air Worldwide Holdings, Inc.
AAWW
| $4.15M | 0.01% |
68,601
-9,339
| -12% | -$565K |
|
1433
Cable One
CABO
$968M
| $4.12M | 0.01% |
6,000
-1,105
| -16% | -$759K |
|
1434
Clearwater Paper
CLW
$344M
| $4.12M | 0.01% |
105,460
-5,733
| -5% | -$224K |
|
1435
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
$30.8B
| $4.11M | 0.01% |
35,017
+15,294
| +78% | +$1.8M |
|
|
AMED
1436
DELISTED
Amedisys
AMED
| $4.1M | 0.01% |
67,994
-4,779
| -7% | -$288K |
|
|
KAMN
1437
DELISTED
Kaman Corp
KAMN
| $4.09M | 0.01% |
65,884
+10,090
| +18% | +$627K |
|
|
CCT
1438
DELISTED
Corporate Capital Trust, Inc.
CCT
| $4.09M | 0.01% |
242,200
-11,636
| -5% | -$197K |
|
|
MINI
1439
DELISTED
Mobile Mini Inc
MINI
| $4.09M | 0.01% |
94,066
-3,691
| -4% | -$161K |
|
1440
Westamerica Bancorp
WABC
$1.24B
| $4.08M | 0.01% |
70,323
-13,963
| -17% | -$811K |
|
1441
Interface
TILE
$1.66B
| $4.08M | 0.01% |
161,694
-5,297
| -3% | -$133K |
|
1442
Radware
RDWR
$1.1B
| $4.07M | 0.01% |
190,400
| – | – |
|
1443
World Kinect Corp
WKC
$1.41B
| $4.06M | 0.01% |
165,560
-20,367
| -11% | -$500K |
|
1444
Community Bank
CBU
$3.11B
| $4.06M | 0.01% |
75,808
-2,963
| -4% | -$159K |
|
1445
Anika Therapeutics
ANIK
$125M
| $4.03M | 0.01% |
81,026
+4,915
| +6% | +$244K |
|
|
ELME
1446
Elme Communities
ELME
$1.51B
| $4.01M | 0.01% |
146,880
-12,325
| -8% | -$336K |
|
1447
Ambac
AMBC
$413M
| $4.01M | 0.01% |
255,630
-59,394
| -19% | -$931K |
|
|
TCP
1448
DELISTED
TC Pipelines LP
TCP
| $4M | 0.01% |
115,339
+17,047
| +17% | +$591K |
|
|
DCP
1449
DELISTED
DCP Midstream, LP
DCP
| $4M | 0.01% |
113,900
-5,500
| -5% | -$193K |
|
1450
Hilton Grand Vacations
HGV
$3.98B
| $3.98M | 0.01% |
92,491
+11,194
| +14% | +$482K |
|