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 | |
|---|---|---|---|---|---|---|
1626
Badger Meter
BMI
$5.24B
| $3.02M | ﹤0.01% |
57,037
-5,286
| -8% | -$280K |
|
|
MNTA
1627
DELISTED
Momenta Pharmaceuticals, Inc.
MNTA
| $3.02M | ﹤0.01% |
114,846
-6,217
| -5% | -$163K |
|
1628
Star Bulk Carriers
SBLK
$2.2B
| $3.02M | ﹤0.01% |
208,934
-9,914
| -5% | -$143K |
|
|
CUB
1629
DELISTED
Cubic Corporation
CUB
| $3.02M | ﹤0.01% |
41,314
-16,386
| -28% | -$1.2M |
|
1630
LivePerson
LPSN
$86M
| $3.01M | ﹤0.01% |
115,906
+6,348
| +6% | +$165K |
|
1631
American Axle
AXL
$697M
| $3.01M | ﹤0.01% |
172,404
-20,000
| -10% | -$349K |
|
|
ARII
1632
DELISTED
American Railcar Industries, Inc.
ARII
| $3.01M | ﹤0.01% |
65,227
-1,828
| -3% | -$84.3K |
|
1633
Cannae Holdings
CNNE
$1.11B
| $3M | ﹤0.01% |
143,341
-14,526
| -9% | -$304K |
|
1634
Employers Holdings
EIG
$983M
| $3M | ﹤0.01% |
66,189
+7,527
| +13% | +$341K |
|
1635
Enterprise Financial Services Corp
EFSC
$2.24B
| $3M | ﹤0.01% |
56,455
+6,706
| +13% | +$356K |
|
1636
MidCap Financial Investment
MFIC
$1.16B
| $3M | ﹤0.01% |
183,500
+900
| +0.5% | +$14.7K |
|
|
HOLI
1637
DELISTED
Hollsys Automation Technologies INTERNATIONAL, LTD. COMMON (British Virgin Island)
HOLI
| $2.99M | ﹤0.01% |
139,863
+83,010
| +146% | +$1.77M |
|
|
ARI
1638
Apollo Commercial Real Estate
ARI
$1.51B
| $2.99M | ﹤0.01% |
158,316
+4,191
| +3% | +$79.1K |
|
1639
Malibu Boats
MBUU
$629M
| $2.98M | ﹤0.01% |
54,492
-1,784
| -3% | -$97.6K |
|
|
UNT
1640
DELISTED
UNIT Corporation
UNT
| $2.98M | ﹤0.01% |
114,441
-14,898
| -12% | -$388K |
|
1641
Owens & Minor
OMI
$412M
| $2.98M | ﹤0.01% |
180,209
-11,154
| -6% | -$184K |
|
1642
Puma Biotechnology
PBYI
$225M
| $2.98M | ﹤0.01% |
64,900
-5,400
| -8% | -$248K |
|
1643
Mercury Systems
MRCY
$4.34B
| $2.98M | ﹤0.01% |
53,779
-5,672
| -10% | -$314K |
|
1644
Dropbox
DBX
$8.34B
| $2.95M | ﹤0.01% |
110,103
+93,820
| +576% | +$2.52M |
|
1645
CVB Financial
CVBF
$2.77B
| $2.95M | ﹤0.01% |
132,149
-8,957
| -6% | -$200K |
|
1646
Upbound Group
UPBD
$1.45B
| $2.94M | ﹤0.01% |
204,613
-6,659
| -3% | -$95.7K |
|
1647
Bloomin' Brands
BLMN
$577M
| $2.94M | ﹤0.01% |
148,307
-23,895
| -14% | -$473K |
|
1648
Huron Consulting
HURN
$2.44B
| $2.93M | ﹤0.01% |
59,385
+6,951
| +13% | +$343K |
|
|
RWT
1649
Redwood Trust
RWT
$804M
| $2.93M | ﹤0.01% |
180,586
-2,808
| -2% | -$45.6K |
|
1650
Methode Electronics
MEI
$287M
| $2.92M | ﹤0.01% |
80,709
+4,455
| +6% | +$161K |
|