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 | |
|---|---|---|---|---|---|---|
1701
Paylocity
PCTY
$9.36B
| $2.73M | ﹤0.01% |
46,344
+10,506
| +29% | +$618K |
|
|
KND
1702
DELISTED
Kindred Healthcare
KND
| $2.72M | ﹤0.01% |
302,325
-198,737
| -40% | -$1.79M |
|
1703
Group 1 Automotive
GPI
$6.03B
| $2.72M | ﹤0.01% |
43,159
-10,039
| -19% | -$632K |
|
|
DF
1704
DELISTED
Dean Foods Company
DF
| $2.72M | ﹤0.01% |
258,593
-56,763
| -18% | -$597K |
|
|
DCOM
1705
DELISTED
Dime Community Bancshares
DCOM
| $2.72M | ﹤0.01% |
139,367
+4,968
| +4% | +$96.9K |
|
|
SIR
1706
DELISTED
SELECT INCOME REIT
SIR
| $2.72M | ﹤0.01% |
275,111
-22,418
| -8% | -$221K |
|
1707
FRP Holdings
FRPH
$483M
| $2.72M | ﹤0.01% |
83,850
-6,150
| -7% | -$199K |
|
1708
Northfield Bancorp
NFBK
$492M
| $2.71M | ﹤0.01% |
162,942
+20,158
| +14% | +$335K |
|
|
ATSG
1709
DELISTED
Air Transport Services Group, Inc.
ATSG
| $2.71M | ﹤0.01% |
119,898
-17,458
| -13% | -$394K |
|
1710
AMERISAFE
AMSF
$841M
| $2.71M | ﹤0.01% |
46,856
-3,434
| -7% | -$198K |
|
|
PFC
1711
DELISTED
Premier Financial Corp. Common Stock
PFC
| $2.71M | ﹤0.01% |
80,710
+6,208
| +8% | +$208K |
|
|
TGE
1712
DELISTED
Tallgrass Energy, LP Class A Shares
TGE
| $2.7M | ﹤0.01% |
121,760
-12,740
| -9% | -$282K |
|
1713
Golar LNG
GLNG
$4.16B
| $2.69M | ﹤0.01% |
91,260
+2,360
| +3% | +$69.5K |
|
1714
Resources Connection
RGP
$172M
| $2.69M | ﹤0.01% |
158,932
-11,372
| -7% | -$192K |
|
1715
Enterprise Financial Services Corp
EFSC
$2.24B
| $2.68M | ﹤0.01% |
49,749
-3,945
| -7% | -$213K |
|
|
DOOR
1716
DELISTED
MASONITE INTERNATIONAL CORP
DOOR
| $2.68M | ﹤0.01% |
37,360
+18,760
| +101% | +$1.35M |
|
|
NXTM
1717
DELISTED
NxStage Medical Inc.
NXTM
| $2.68M | ﹤0.01% |
96,138
-8,882
| -8% | -$248K |
|
1718
DMC Global
BOOM
$145M
| $2.68M | ﹤0.01% |
59,672
-14,490
| -20% | -$651K |
|
|
BEST
1719
DELISTED
BEST Inc. American Depositary Shares, each representing twenty (20) Class A Ordinary Shares
BEST
| $2.66M | ﹤0.01% |
10,862
+7,700
| +244% | +$1.88M |
|
|
KMG
1720
DELISTED
KMG Chemicals Inc
KMG
| $2.66M | ﹤0.01% |
35,983
-12,861
| -26% | -$949K |
|
|
JCP
1721
DELISTED
J.C. Penney Company, Inc.
JCP
| $2.65M | ﹤0.01% |
1,131,062
-500,693
| -31% | -$1.17M |
|
|
ARII
1722
DELISTED
American Railcar Industries, Inc.
ARII
| $2.65M | ﹤0.01% |
67,055
-10,192
| -13% | -$402K |
|
|
MTSC
1723
DELISTED
MTS Systems Corp
MTSC
| $2.64M | ﹤0.01% |
50,115
+12,118
| +32% | +$638K |
|
1724
RPC Inc
RES
$986M
| $2.64M | ﹤0.01% |
181,045
-31,918
| -15% | -$465K |
|
1725
California Water Service
CWT
$2.76B
| $2.62M | ﹤0.01% |
67,354
-10,397
| -13% | -$405K |
|