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 |
ATH
Athene Holding Ltd. Class A Common Shares
ATH
|
+$282M |
| 2 |
Alphabet (Google) Class A
GOOGL
|
+$224M |
| 3 |
JOBS
51job, Inc.
JOBS
|
+$26.8M |
| 4 |
Intel
INTC
|
+$24.2M |
| 5 |
WP
Worldpay, Inc.
WP
|
+$22.7M |
Top Sells
| 1 |
Alphabet (Google) Class C
GOOG
|
+$312M |
| 2 |
Amazon
AMZN
|
+$153M |
| 3 |
Johnson & Johnson
JNJ
|
+$75.8M |
| 4 |
Microsoft
MSFT
|
+$69.7M |
| 5 |
Honeywell
HON
|
+$60.9M |
Sector Composition
| 1 | Financials | 18.48% |
| 2 | Technology | 16.84% |
| 3 | Healthcare | 12.76% |
| 4 | Industrials | 10.58% |
| 5 | Consumer Discretionary | 10.45% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
LTRPA
1701
DELISTED
Liberty TripAdvisor Holdings, Inc. Series A
LTRPA
| $2.74M | ﹤0.01% |
254,973
-19,563
| -7% | -$210K |
|
1702
Casella Waste Systems
CWST
$5.79B
| $2.74M | ﹤0.01% |
117,179
-5,355
| -4% | -$125K |
|
1703
Piper Sandler
PIPR
$6.12B
| $2.74M | ﹤0.01% |
32,987
-13,128
| -28% | -$1.09M |
|
|
WIN
1704
DELISTED
Windstream Holdings Inc
WIN
| $2.74M | ﹤0.01% |
387,999
-76,471
| -16% | -$539K |
|
|
EXTN
1705
DELISTED
Exterran Corporation
EXTN
| $2.73M | ﹤0.01% |
102,251
-23,241
| -19% | -$621K |
|
1706
Adtran
ADTN
$809M
| $2.73M | ﹤0.01% |
175,450
-16,004
| -8% | -$249K |
|
1707
Cooper-Standard Automotive
CPS
$667M
| $2.73M | ﹤0.01% |
22,200
+4,641
| +26% | +$570K |
|
1708
Boise Cascade
BCC
$3.2B
| $2.72M | ﹤0.01% |
70,510
-8,013
| -10% | -$309K |
|
|
VRTV
1709
DELISTED
VERITIV CORPORATION
VRTV
| $2.72M | ﹤0.01% |
69,404
-13,112
| -16% | -$514K |
|
|
DF
1710
DELISTED
Dean Foods Company
DF
| $2.72M | ﹤0.01% |
315,356
-8,467
| -3% | -$73K |
|
1711
Southside Bancshares
SBSI
$916M
| $2.72M | ﹤0.01% |
78,197
+3,965
| +5% | +$138K |
|
1712
SPX Corp
SPXC
$9.21B
| $2.71M | ﹤0.01% |
83,492
-21,485
| -20% | -$698K |
|
1713
SFL Corp
SFL
$1.06B
| $2.71M | ﹤0.01% |
189,284
-9,945
| -5% | -$142K |
|
1714
IMAX
IMAX
$1.74B
| $2.7M | ﹤0.01% |
140,400
-6,300
| -4% | -$121K |
|
|
RFP
1715
DELISTED
Resolute Forest Products Inc.
RFP
| $2.7M | ﹤0.01% |
324,740
-31,770
| -9% | -$264K |
|
1716
MidCap Financial Investment
MFIC
$1.16B
| $2.69M | ﹤0.01% |
171,567
-3,933
| -2% | -$61.6K |
|
|
PDLI
1717
DELISTED
PDL BioPharma, Inc.
PDLI
| $2.69M | ﹤0.01% |
913,552
-310,684
| -25% | -$913K |
|
|
NCI
1718
DELISTED
Navigant Consulting, Inc.
NCI
| $2.68M | ﹤0.01% |
139,341
+30,441
| +28% | +$586K |
|
1719
RE/MAX Holdings
RMAX
$195M
| $2.68M | ﹤0.01% |
44,276
+36,165
| +446% | +$2.19M |
|
1720
Helios Technologies
HLIO
$1.8B
| $2.67M | ﹤0.01% |
49,884
+3,182
| +7% | +$170K |
|
1721
LGI Homes
LGIH
$1.39B
| $2.67M | ﹤0.01% |
37,869
+27,114
| +252% | +$1.91M |
|
1722
Malibu Boats
MBUU
$629M
| $2.67M | ﹤0.01% |
80,457
-2,335
| -3% | -$77.5K |
|
1723
G-III Apparel Group
GIII
$1.12B
| $2.67M | ﹤0.01% |
70,800
-36,064
| -34% | -$1.36M |
|
1724
Matsons
MATX
$3.29B
| $2.66M | ﹤0.01% |
93,004
+6,085
| +7% | +$174K |
|
1725
Carlyle Group
CG
$24.1B
| $2.66M | ﹤0.01% |
124,730
-9,976
| -7% | -$213K |
|