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 | |
|---|---|---|---|---|---|---|
1601
Calavo Growers
CVGW
$489M
| $3.15M | ﹤0.01% |
32,612
-519
| -2% | -$50.1K |
|
|
AEGN
1602
DELISTED
Aegion Corp
AEGN
| $3.14M | ﹤0.01% |
123,863
-3,175
| -2% | -$80.6K |
|
|
ARNA
1603
DELISTED
Arena Pharmaceuticals Inc
ARNA
| $3.13M | ﹤0.01% |
67,993
-3,353
| -5% | -$154K |
|
1604
Strategy Inc Common Stock Class A
MSTR
$94B
| $3.13M | ﹤0.01% |
222,420
-15,340
| -6% | -$216K |
|
1605
CBIZ
CBZ
$3.01B
| $3.13M | ﹤0.01% |
131,843
+6,232
| +5% | +$148K |
|
1606
Tompkins Financial
TMP
$1B
| $3.11M | ﹤0.01% |
38,317
-3,774
| -9% | -$306K |
|
|
MSGN
1607
DELISTED
MSG Networks Inc.
MSGN
| $3.11M | ﹤0.01% |
120,455
-14,874
| -11% | -$384K |
|
1608
Pinduoduo
PDD
$178B
| $3.1M | ﹤0.01% |
+118,068
| New | +$3.1M |
|
1609
TTM Technologies
TTMI
$4.83B
| $3.1M | ﹤0.01% |
195,102
+22,968
| +13% | +$365K |
|
1610
Greif
GEF
$3.59B
| $3.1M | ﹤0.01% |
57,764
-8,655
| -13% | -$464K |
|
1611
Albany International
AIN
$1.71B
| $3.09M | ﹤0.01% |
38,918
-3,579
| -8% | -$285K |
|
|
GCP
1612
DELISTED
GCP Applied Technologies Inc.
GCP
| $3.08M | ﹤0.01% |
115,955
-7,600
| -6% | -$202K |
|
1613
American States Water
AWR
$2.82B
| $3.07M | ﹤0.01% |
50,219
-4,046
| -7% | -$247K |
|
|
LADR
1614
Ladder Capital
LADR
$1.48B
| $3.07M | ﹤0.01% |
181,253
+35,474
| +24% | +$601K |
|
1615
Evertec
EVTC
$2.14B
| $3.07M | ﹤0.01% |
127,295
-9,658
| -7% | -$233K |
|
|
GTT
1616
DELISTED
GTT Communications, Inc.
GTT
| $3.07M | ﹤0.01% |
70,650
+57,665
| +444% | +$2.5M |
|
1617
J&J Snack Foods
JJSF
$2.02B
| $3.07M | ﹤0.01% |
20,316
-1,737
| -8% | -$262K |
|
|
AYR
1618
DELISTED
Aircastle Limited
AYR
| $3.06M | ﹤0.01% |
139,781
-14,223
| -9% | -$312K |
|
1619
Amicus Therapeutics
FOLD
$2.46B
| $3.06M | ﹤0.01% |
252,698
-15,800
| -6% | -$191K |
|
1620
Kite Realty
KRG
$4.95B
| $3.05M | ﹤0.01% |
183,231
-21,100
| -10% | -$351K |
|
1621
Archrock
AROC
$4.29B
| $3.04M | ﹤0.01% |
249,485
-25,281
| -9% | -$308K |
|
|
LTXB
1622
DELISTED
LegacyTexas Financial Group Inc
LTXB
| $3.03M | ﹤0.01% |
71,163
-7,253
| -9% | -$309K |
|
|
MIK
1623
DELISTED
Michaels Stores, Inc
MIK
| $3.03M | ﹤0.01% |
186,716
-85,532
| -31% | -$1.39M |
|
1624
Heritage Financial
HFWA
$833M
| $3.03M | ﹤0.01% |
86,065
-11,540
| -12% | -$406K |
|
|
GCI
1625
DELISTED
Gannett Co., Inc
GCI
| $3.02M | ﹤0.01% |
301,929
-15,807
| -5% | -$158K |
|