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 | |
|---|---|---|---|---|---|---|
1601
CVB Financial
CVBF
$2.77B
| $3.16M | ﹤0.01% |
141,106
+2,915
| +2% | +$65.4K |
|
|
SPPI
1602
DELISTED
Spectrum Pharmaceuticals Inc
SPPI
| $3.16M | ﹤0.01% |
150,828
-37,317
| -20% | -$782K |
|
|
FNSR
1603
DELISTED
Finisar Corp
FNSR
| $3.16M | ﹤0.01% |
175,584
-9,916
| -5% | -$179K |
|
|
AYR
1604
DELISTED
Aircastle Limited
AYR
| $3.16M | ﹤0.01% |
154,004
-36,462
| -19% | -$747K |
|
1605
Flushing Financial
FFIC
$476M
| $3.16M | ﹤0.01% |
120,900
-1,555
| -1% | -$40.6K |
|
|
AXAS
1606
DELISTED
Abraxas Petroleum Corporation
AXAS
| $3.14M | ﹤0.01% |
54,402
+1,022
| +2% | +$59.1K |
|
|
BEAT
1607
DELISTED
BioTelemetry, Inc.
BEAT
| $3.14M | ﹤0.01% |
69,869
-25,892
| -27% | -$1.17M |
|
1608
G-III Apparel Group
GIII
$1.12B
| $3.14M | ﹤0.01% |
70,793
-7
| -0% | -$311 |
|
|
TLRD
1609
DELISTED
Tailored Brands, Inc.
TLRD
| $3.13M | ﹤0.01% |
122,514
-52,494
| -30% | -$1.34M |
|
1610
Boise Cascade
BCC
$3.2B
| $3.12M | ﹤0.01% |
69,752
-758
| -1% | -$33.9K |
|
1611
Perdoceo Education
PRDO
$2.26B
| $3.12M | ﹤0.01% |
192,792
-57,387
| -23% | -$928K |
|
1612
iRhythm Technologies
IRTC
$5.78B
| $3.12M | ﹤0.01% |
38,408
-10,856
| -22% | -$881K |
|
|
GHL
1613
DELISTED
Greenhill & Co., Inc.
GHL
| $3.11M | ﹤0.01% |
109,636
-31,287
| -22% | -$889K |
|
|
ARNA
1614
DELISTED
Arena Pharmaceuticals Inc
ARNA
| $3.11M | ﹤0.01% |
71,346
+13,374
| +23% | +$583K |
|
1615
Upbound Group
UPBD
$1.45B
| $3.11M | ﹤0.01% |
211,272
-116,352
| -36% | -$1.71M |
|
1616
American States Water
AWR
$2.82B
| $3.1M | ﹤0.01% |
54,265
-13,805
| -20% | -$789K |
|
1617
Herc Holdings
HRI
$4.2B
| $3.1M | ﹤0.01% |
55,006
-21,070
| -28% | -$1.19M |
|
1618
AZZ Inc
AZZ
$3.52B
| $3.1M | ﹤0.01% |
71,240
+13,826
| +24% | +$601K |
|
|
FCB
1619
DELISTED
FCB Financial Holdings, Inc.
FCB
| $3.08M | ﹤0.01% |
52,415
+43,306
| +475% | +$2.55M |
|
|
HEES
1620
DELISTED
H&E Equipment Services
HEES
| $3.08M | ﹤0.01% |
81,836
-26,357
| -24% | -$991K |
|
1621
Helix Energy Solutions
HLX
$914M
| $3.07M | ﹤0.01% |
368,924
-90,868
| -20% | -$757K |
|
1622
Methode Electronics
MEI
$287M
| $3.07M | ﹤0.01% |
76,254
-6,108
| -7% | -$246K |
|
|
CMO
1623
DELISTED
Capstead Mortgage Corp.
CMO
| $3.07M | ﹤0.01% |
342,915
-16,873
| -5% | -$151K |
|
|
P
1624
DELISTED
Pandora Media Inc
P
| $3.07M | ﹤0.01% |
389,000
-77,700
| -17% | -$612K |
|
|
SAFE
1625
Safehold
SAFE
$1.18B
| $3.06M | ﹤0.01% |
58,332
-7,193
| -11% | -$378K |
|