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 | |
|---|---|---|---|---|---|---|
|
ARI
1676
Apollo Commercial Real Estate
ARI
$1.51B
| $2.82M | ﹤0.01% |
154,125
-19,942
| -11% | -$364K |
|
1677
Star Bulk Carriers
SBLK
$2.2B
| $2.81M | ﹤0.01% |
218,848
-35,552
| -14% | -$457K |
|
1678
Varex Imaging
VREX
$469M
| $2.81M | ﹤0.01% |
75,853
-14,105
| -16% | -$523K |
|
1679
Hilton Grand Vacations
HGV
$3.98B
| $2.8M | ﹤0.01% |
80,762
-11,729
| -13% | -$407K |
|
|
BGG
1680
DELISTED
Briggs & Stratton Corp.
BGG
| $2.8M | ﹤0.01% |
158,992
-10,378
| -6% | -$183K |
|
1681
Southside Bancshares
SBSI
$916M
| $2.79M | ﹤0.01% |
82,964
+4,767
| +6% | +$161K |
|
|
NTUS
1682
DELISTED
Natus Medical Inc
NTUS
| $2.79M | ﹤0.01% |
80,834
-2,866
| -3% | -$98.9K |
|
1683
Badger Meter
BMI
$5.24B
| $2.79M | ﹤0.01% |
62,323
-12,291
| -16% | -$549K |
|
1684
SFL Corp
SFL
$1.06B
| $2.78M | ﹤0.01% |
186,185
-3,099
| -2% | -$46.3K |
|
1685
Terreno Realty
TRNO
$6.05B
| $2.78M | ﹤0.01% |
73,775
-18,012
| -20% | -$678K |
|
|
LMNX
1686
DELISTED
Luminex Corp
LMNX
| $2.77M | ﹤0.01% |
93,724
+3,632
| +4% | +$107K |
|
1687
Chesapeake Utilities
CPK
$2.95B
| $2.77M | ﹤0.01% |
34,611
-3,026
| -8% | -$242K |
|
1688
REX American Resources
REX
$1.01B
| $2.76M | ﹤0.01% |
102,114
+2,661
| +3% | +$71.8K |
|
|
WRD
1689
DELISTED
WildHorse Resource Development
WRD
| $2.75M | ﹤0.01% |
108,464
-11,336
| -9% | -$288K |
|
|
GHDX
1690
DELISTED
Genomic Health, Inc.
GHDX
| $2.75M | ﹤0.01% |
54,552
-6,948
| -11% | -$350K |
|
1691
Independence Realty Trust
IRT
$4.07B
| $2.75M | ﹤0.01% |
266,543
-15,422
| -5% | -$159K |
|
1692
BioXcel Therapeutics
BTAI
$49.8M
| $2.75M | ﹤0.01% |
18,650
-1,869
| -9% | -$275K |
|
|
HT
1693
DELISTED
Hersha Hospitality Trust Priority Class A Common Shares of Beneficial Interest
HT
| $2.74M | ﹤0.01% |
127,914
-6,668
| -5% | -$143K |
|
1694
Eagle Bancorp
EGBN
$615M
| $2.74M | ﹤0.01% |
44,747
+2,554
| +6% | +$157K |
|
1695
Mercer International
MERC
$206M
| $2.74M | ﹤0.01% |
156,676
-19,196
| -11% | -$336K |
|
|
AKS
1696
DELISTED
AK Steel Holding Corp.
AKS
| $2.74M | ﹤0.01% |
631,187
-54,069
| -8% | -$235K |
|
1697
SPX Corp
SPXC
$9.21B
| $2.74M | ﹤0.01% |
78,095
-5,397
| -6% | -$189K |
|
1698
Astec Industries
ASTE
$1.06B
| $2.74M | ﹤0.01% |
45,745
+10,166
| +29% | +$608K |
|
|
CRAY
1699
DELISTED
Cray, Inc.
CRAY
| $2.74M | ﹤0.01% |
111,203
-54,032
| -33% | -$1.33M |
|
1700
Ormat Technologies
ORA
$5.53B
| $2.73M | ﹤0.01% |
51,405
-3,553
| -6% | -$189K |
|