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 | |
|---|---|---|---|---|---|---|
|
KRA
1726
DELISTED
Kraton Corporation
KRA
| $2.63M | ﹤0.01% |
55,686
-6,595
| -11% | -$311K |
|
1727
Herc Holdings
HRI
$4.2B
| $2.62M | ﹤0.01% |
51,166
-3,840
| -7% | -$197K |
|
|
NTUS
1728
DELISTED
Natus Medical Inc
NTUS
| $2.62M | ﹤0.01% |
73,448
-7,386
| -9% | -$263K |
|
1729
Anika Therapeutics
ANIK
$125M
| $2.62M | ﹤0.01% |
62,042
-5,000
| -7% | -$211K |
|
1730
Boise Cascade
BCC
$3.2B
| $2.62M | ﹤0.01% |
71,051
+1,299
| +2% | +$47.8K |
|
1731
Winnebago Industries
WGO
$949M
| $2.61M | ﹤0.01% |
78,848
-8,747
| -10% | -$290K |
|
1732
Perdoceo Education
PRDO
$2.26B
| $2.61M | ﹤0.01% |
175,009
-17,783
| -9% | -$266K |
|
1733
Patrick Industries
PATK
$3.67B
| $2.61M | ﹤0.01% |
66,117
-9,278
| -12% | -$366K |
|
1734
Park-Ohio Holdings
PKOH
$309M
| $2.61M | ﹤0.01% |
68,043
+31,361
| +85% | +$1.2M |
|
1735
FreightCar America
RAIL
$162M
| $2.61M | ﹤0.01% |
162,300
+77,261
| +91% | +$1.24M |
|
1736
RPC Inc
RES
$986M
| $2.61M | ﹤0.01% |
168,445
-12,600
| -7% | -$195K |
|
1737
Hilton Grand Vacations
HGV
$3.98B
| $2.59M | ﹤0.01% |
78,234
-2,528
| -3% | -$83.7K |
|
|
AREX
1738
DELISTED
Approach Resources Inc.
AREX
| $2.58M | ﹤0.01% |
1,158,300
| – | – |
|
1739
Barrett Business Services
BBSI
$1.2B
| $2.58M | ﹤0.01% |
154,368
+10,768
| +7% | +$180K |
|
|
LDL
1740
DELISTED
Lydall, Inc.
LDL
| $2.58M | ﹤0.01% |
59,748
+3,338
| +6% | +$144K |
|
|
KEM
1741
DELISTED
KEMET Corporation
KEM
| $2.57M | ﹤0.01% |
138,774
+32,518
| +31% | +$603K |
|
1742
Four Corners Property Trust
FCPT
$2.66B
| $2.57M | ﹤0.01% |
100,166
-5,529
| -5% | -$142K |
|
1743
Independence Realty Trust
IRT
$4.07B
| $2.57M | ﹤0.01% |
244,326
-22,217
| -8% | -$234K |
|
1744
Matrix Service
MTRX
$353M
| $2.57M | ﹤0.01% |
104,363
+23,804
| +30% | +$587K |
|
1745
Heartland Express
HTLD
$656M
| $2.57M | ﹤0.01% |
130,309
-3,632
| -3% | -$71.7K |
|
1746
Onto Innovation
ONTO
$5.44B
| $2.57M | ﹤0.01% |
68,373
-2,878
| -4% | -$108K |
|
1747
Insmed
INSM
$30.8B
| $2.56M | ﹤0.01% |
126,700
-9,400
| -7% | -$190K |
|
|
SLCA
1748
DELISTED
U.S. SILICA HOLDINGS, INC.
SLCA
| $2.56M | ﹤0.01% |
135,733
+5,033
| +4% | +$94.8K |
|
1749
Artivion
AORT
$1.92B
| $2.55M | ﹤0.01% |
72,556
-8,513
| -11% | -$300K |
|
|
UBNK
1750
DELISTED
United Financial Bancorp, Inc.
UBNK
| $2.55M | ﹤0.01% |
151,775
-11,996
| -7% | -$202K |
|