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 |
SPDR S&P 500 ETF Trust
SPY
|
+$334M |
| 2 |
Alibaba
BABA
|
+$274M |
| 3 |
Verizon
VZ
|
+$224M |
| 4 |
iShares MSCI EAFE ETF
EFA
|
+$201M |
| 5 |
Amazon
AMZN
|
+$156M |
Top Sells
| 1 |
UnitedHealth
UNH
|
+$185M |
| 2 |
CELG
Celgene Corp
CELG
|
+$168M |
| 3 |
Procter & Gamble
PG
|
+$121M |
| 4 |
Honeywell
HON
|
+$109M |
| 5 |
Progressive
PGR
|
+$102M |
Sector Composition
| 1 | Technology | 17.56% |
| 2 | Financials | 15.02% |
| 3 | Healthcare | 12.83% |
| 4 | Consumer Discretionary | 9.96% |
| 5 | Consumer Staples | 8.54% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
1601
Capitol Federal Financial
CFFN
$839M
| $3.95M | ﹤0.01% |
287,609
+42,971
| +18% | +$590K |
|
1602
News Corp Class B
NWS
$18.2B
| $3.94M | ﹤0.01% |
271,689
-25,285
| -9% | -$367K |
|
1603
Arbor Realty Trust
ABR
$2.25B
| $3.94M | ﹤0.01% |
274,596
+53,725
| +24% | +$771K |
|
1604
Worthington Enterprises
WOR
$3.17B
| $3.93M | ﹤0.01% |
151,015
-29,507
| -16% | -$767K |
|
1605
Cavco Industries
CVCO
$4.32B
| $3.93M | ﹤0.01% |
20,095
+1,450
| +8% | +$283K |
|
|
RDUS
1606
DELISTED
Radius Recycling
RDUS
| $3.92M | ﹤0.01% |
180,781
+101,128
| +127% | +$2.19M |
|
|
CSII
1607
DELISTED
Cardiovascular Systems, Inc.
CSII
| $3.92M | ﹤0.01% |
80,637
-118
| -0.1% | -$5.73K |
|
|
VG
1608
DELISTED
Vonage Holdings Corporation
VG
| $3.91M | ﹤0.01% |
529,330
+45,400
| +9% | +$336K |
|
|
TCO
1609
DELISTED
Taubman Centers Inc.
TCO
| $3.91M | ﹤0.01% |
125,696
+12,518
| +11% | +$389K |
|
1610
Northwest Bancshares
NWBI
$1.83B
| $3.9M | ﹤0.01% |
234,580
+18,402
| +9% | +$306K |
|
|
WIRE
1611
DELISTED
Encore Wire Corp
WIRE
| $3.89M | ﹤0.01% |
67,757
+10,446
| +18% | +$600K |
|
1612
Penske Automotive Group
PAG
$11.9B
| $3.89M | ﹤0.01% |
77,355
-7,107
| -8% | -$357K |
|
1613
Marcus & Millichap
MMI
$1.26B
| $3.88M | ﹤0.01% |
104,276
+41,187
| +65% | +$1.53M |
|
1614
Archrock
AROC
$4.29B
| $3.88M | ﹤0.01% |
386,065
+147,310
| +62% | +$1.48M |
|
1615
Koppers
KOP
$567M
| $3.86M | ﹤0.01% |
101,090
+69,504
| +220% | +$2.66M |
|
1616
B&G Foods
BGS
$360M
| $3.86M | ﹤0.01% |
215,280
+68,918
| +47% | +$1.24M |
|
1617
Triumph Financial, Inc.
TFIN
$1.4B
| $3.86M | ﹤0.01% |
101,520
+52,665
| +108% | +$2M |
|
|
CTB
1618
DELISTED
Cooper Tire & Rubber Co.
CTB
| $3.85M | ﹤0.01% |
133,857
+15,810
| +13% | +$454K |
|
1619
Cardlytics
CDLX
$59.6M
| $3.85M | ﹤0.01% |
61,171
+46,371
| +313% | +$2.91M |
|
1620
Matsons
MATX
$3.29B
| $3.84M | ﹤0.01% |
94,210
+7,202
| +8% | +$294K |
|
1621
InterDigital
IDCC
$8.33B
| $3.84M | ﹤0.01% |
70,514
-8,394
| -11% | -$457K |
|
1622
AppFolio
APPF
$9.9B
| $3.84M | ﹤0.01% |
34,937
-10,241
| -23% | -$1.13M |
|
|
CVA
1623
DELISTED
Covanta Holding Corporation
CVA
| $3.84M | ﹤0.01% |
258,610
+31,300
| +14% | +$465K |
|
1624
Addus HomeCare
ADUS
$2.03B
| $3.82M | ﹤0.01% |
39,257
+9,318
| +31% | +$906K |
|
1625
Ultra Clean Holdings
UCTT
$1.14B
| $3.81M | ﹤0.01% |
162,303
-21,724
| -12% | -$510K |
|