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 | |
|---|---|---|---|---|---|---|
1701
Northwest Natural Holdings
NWN
$1.73B
| $2.74M | ﹤0.01% |
40,952
-3,417
| -8% | -$229K |
|
|
LTC
1702
LTC Properties
LTC
$1.67B
| $2.73M | ﹤0.01% |
61,802
-6,764
| -10% | -$298K |
|
1703
Heron Therapeutics
HRTX
$193M
| $2.73M | ﹤0.01% |
86,089
+7,534
| +10% | +$238K |
|
1704
Westlake Chemical Partners
WLKP
$763M
| $2.72M | ﹤0.01% |
109,061
-9,400
| -8% | -$234K |
|
|
VRS
1705
DELISTED
Verso Corporation
VRS
| $2.72M | ﹤0.01% |
80,634
+26,248
| +48% | +$884K |
|
|
KMG
1706
DELISTED
KMG Chemicals Inc
KMG
| $2.72M | ﹤0.01% |
35,931
-52
| -0.1% | -$3.93K |
|
|
CBPO
1707
DELISTED
China Biologic Products Holdings, Inc.
CBPO
| $2.71M | ﹤0.01% |
33,907
-1,775
| -5% | -$142K |
|
1708
Medpace
MEDP
$13.8B
| $2.71M | ﹤0.01% |
+45,256
| New | +$2.71M |
|
|
WRD
1709
DELISTED
WildHorse Resource Development
WRD
| $2.71M | ﹤0.01% |
114,588
+6,124
| +6% | +$145K |
|
|
NXGN
1710
DELISTED
NextGen Healthcare, Inc. Common Stock
NXGN
| $2.7M | ﹤0.01% |
134,557
-17,490
| -12% | -$351K |
|
1711
Cushman & Wakefield
CWK
$3.85B
| $2.69M | ﹤0.01% |
+158,095
| New | +$2.69M |
|
|
FIT
1712
DELISTED
Fitbit, Inc. Class A common stock
FIT
| $2.68M | ﹤0.01% |
500,118
-10,832
| -2% | -$58K |
|
|
CKH
1713
DELISTED
Seacor Holdings Inc.
CKH
| $2.68M | ﹤0.01% |
54,142
-1,435
| -3% | -$70.9K |
|
1714
Wabash National
WNC
$457M
| $2.67M | ﹤0.01% |
146,553
-8,982
| -6% | -$164K |
|
|
GTHX
1715
DELISTED
G1 Therapeutics, Inc. Common Stock
GTHX
| $2.66M | ﹤0.01% |
50,951
+13,145
| +35% | +$687K |
|
1716
Artisan Partners
APAM
$3.27B
| $2.66M | ﹤0.01% |
82,197
+29
| +0% | +$940 |
|
1717
Select Medical
SEM
$1.55B
| $2.64M | ﹤0.01% |
266,640
-22,731
| -8% | -$225K |
|
|
NP
1718
DELISTED
Neenah, Inc. Common Stock
NP
| $2.64M | ﹤0.01% |
30,595
-4,281
| -12% | -$369K |
|
1719
iRobot
IRBT
$107M
| $2.64M | ﹤0.01% |
24,000
-7,518
| -24% | -$826K |
|
1720
AMERISAFE
AMSF
$841M
| $2.64M | ﹤0.01% |
42,572
-4,284
| -9% | -$265K |
|
1721
Rambus
RMBS
$9.26B
| $2.64M | ﹤0.01% |
241,676
-20,849
| -8% | -$227K |
|
1722
Vishay Precision Group
VPG
$416M
| $2.64M | ﹤0.01% |
70,444
+4,876
| +7% | +$182K |
|
1723
First Bancorp
FBNC
$2.29B
| $2.63M | ﹤0.01% |
65,006
+11,082
| +21% | +$449K |
|
1724
California Water Service
CWT
$2.76B
| $2.63M | ﹤0.01% |
61,304
-6,050
| -9% | -$260K |
|
1725
iShares Russell 2000 ETF
IWM
$66.9B
| $2.63M | ﹤0.01% |
15,581
-153
| -1% | -$25.8K |
|