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 |
Walt Disney
DIS
|
+$134M |
| 2 |
PepsiCo
PEP
|
+$132M |
| 3 |
Coca-Cola
KO
|
+$126M |
| 4 |
Procter & Gamble
PG
|
+$109M |
| 5 |
Alphabet (Google) Class A
GOOGL
|
+$106M |
Top Sells
| 1 |
ATH
Athene Holding Ltd. Class A Common Shares
ATH
|
+$315M |
| 2 |
Mastercard
MA
|
+$267M |
| 3 |
Apple
AAPL
|
+$221M |
| 4 |
RTN
Raytheon Company
RTN
|
+$149M |
| 5 |
Northrop Grumman
NOC
|
+$131M |
Sector Composition
| 1 | Technology | 16.59% |
| 2 | Financials | 15.25% |
| 3 | Healthcare | 13.81% |
| 4 | Consumer Discretionary | 10.01% |
| 5 | Industrials | 8.71% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
1701
Puma Biotechnology
PBYI
$225M
| $2.23M | ﹤0.01% |
57,600
-1,600
| -3% | -$62.1K |
|
|
TBI
1702
Trueblue
TBI
$179M
| $2.23M | ﹤0.01% |
94,358
-8,103
| -8% | -$192K |
|
|
RUBY
1703
DELISTED
Rubius Therapeutics, Inc
RUBY
| $2.23M | ﹤0.01% |
123,000
-1,777
| -1% | -$32.2K |
|
1704
Kelly Services Class A
KELYA
$481M
| $2.22M | ﹤0.01% |
100,725
-7,876
| -7% | -$174K |
|
1705
1-800-Flowers.com
FLWS
$343M
| $2.22M | ﹤0.01% |
121,751
-3,096
| -2% | -$56.5K |
|
1706
Hilton Grand Vacations
HGV
$3.98B
| $2.22M | ﹤0.01% |
71,934
-900
| -1% | -$27.8K |
|
|
MODV
1707
DELISTED
ModivCare
MODV
| $2.21M | ﹤0.01% |
33,228
-1,393
| -4% | -$92.8K |
|
|
LTRPA
1708
DELISTED
Liberty TripAdvisor Holdings, Inc. Series A
LTRPA
| $2.21M | ﹤0.01% |
155,884
-17,118
| -10% | -$243K |
|
1709
AAR Corp
AIR
$2.67B
| $2.21M | ﹤0.01% |
68,021
+11,197
| +20% | +$364K |
|
|
CADE
1710
DELISTED
Cadence Bancorporation
CADE
| $2.21M | ﹤0.01% |
119,128
+51,295
| +76% | +$952K |
|
1711
First Busey Corp
BUSE
$2.19B
| $2.21M | ﹤0.01% |
90,527
+2,496
| +3% | +$60.9K |
|
1712
Piper Sandler
PIPR
$6.12B
| $2.21M | ﹤0.01% |
30,285
+5,597
| +23% | +$408K |
|
1713
Pricesmart
PSMT
$3.52B
| $2.21M | ﹤0.01% |
37,464
-1,188
| -3% | -$70K |
|
|
RAD
1714
DELISTED
Rite Aid Corporation
RAD
| $2.21M | ﹤0.01% |
173,587
-39,298
| -18% | -$499K |
|
|
TYPE
1715
DELISTED
Monotype Imaging Holdings Inc.
TYPE
| $2.2M | ﹤0.01% |
110,798
+43,109
| +64% | +$858K |
|
1716
Banner Corp
BANR
$2.29B
| $2.2M | ﹤0.01% |
40,592
-28,207
| -41% | -$1.53M |
|
1717
Kinsale Capital Group
KNSL
$10.1B
| $2.19M | ﹤0.01% |
31,972
-800
| -2% | -$54.8K |
|
|
AVTA
1718
DELISTED
Avantax, Inc. Common Stock
AVTA
| $2.19M | ﹤0.01% |
65,627
-5,202
| -7% | -$174K |
|
1719
Select Medical
SEM
$1.55B
| $2.18M | ﹤0.01% |
287,377
+34,426
| +14% | +$261K |
|
1720
AeroVironment
AVAV
$12.1B
| $2.18M | ﹤0.01% |
31,859
-300
| -0.9% | -$20.5K |
|
|
LMNX
1721
DELISTED
Luminex Corp
LMNX
| $2.18M | ﹤0.01% |
94,577
-1,700
| -2% | -$39.1K |
|
1722
Flushing Financial
FFIC
$476M
| $2.17M | ﹤0.01% |
99,118
-15,179
| -13% | -$333K |
|
|
AUD
1723
DELISTED
Audacy, Inc.
AUD
| $2.17M | ﹤0.01% |
413,249
-46,521
| -10% | -$244K |
|
1724
RadNet
RDNT
$5.69B
| $2.17M | ﹤0.01% |
174,962
| – | – |
|
1725
Brookdale Senior Living
BKD
$1.78B
| $2.17M | ﹤0.01% |
329,065
-58,730
| -15% | -$386K |
|