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 |
Alphabet (Google) Class A
GOOGL
|
+$394M |
| 2 |
Amazon
AMZN
|
+$114M |
| 3 |
iShares Core S&P 500 ETF
IVV
|
+$99.1M |
| 4 |
Unilever
UL
|
+$79.5M |
| 5 |
Alibaba
BABA
|
+$77.4M |
Top Sells
| 1 |
Alphabet (Google) Class C
GOOG
|
+$358M |
| 2 |
BCR
CR Bard Inc.
BCR
|
+$61.1M |
| 3 |
Apple
AAPL
|
+$37.6M |
| 4 |
LVLT
Level 3 Communications Inc
LVLT
|
+$32.4M |
| 5 |
BRCD
Brocade Communications Systems, Inc. NEW
BRCD
|
+$17.2M |
Sector Composition
| 1 | Financials | 17.93% |
| 2 | Technology | 15.61% |
| 3 | Healthcare | 12.62% |
| 4 | Industrials | 10.73% |
| 5 | Consumer Discretionary | 10.38% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
ATRI
1751
DELISTED
Atrion Corp
ATRI
| $2.72M | ﹤0.01% |
4,320
+132
| +3% | +$83.2K |
|
|
EPAY
1752
DELISTED
Bottomline Technologies Inc
EPAY
| $2.72M | ﹤0.01% |
78,545
+3,162
| +4% | +$110K |
|
1753
Under Armour
UAA
$2.08B
| $2.72M | ﹤0.01% |
188,676
+25,138
| +15% | +$363K |
|
|
BKS
1754
DELISTED
Barnes & Noble
BKS
| $2.72M | ﹤0.01% |
405,556
+61,631
| +18% | +$413K |
|
1755
Sonic Automotive
SAH
$2.73B
| $2.71M | ﹤0.01% |
147,009
+4,907
| +3% | +$90.5K |
|
1756
US Physical Therapy
USPH
$1.22B
| $2.71M | ﹤0.01% |
37,525
+2,167
| +6% | +$156K |
|
|
TEN
1757
Tsakos Energy Navigation Ltd.
TEN
$672M
| $2.71M | ﹤0.01% |
138,440
| – | – |
|
1758
Albany International
AIN
$1.71B
| $2.7M | ﹤0.01% |
43,997
+3,068
| +7% | +$189K |
|
1759
Insmed
INSM
$30.8B
| $2.7M | ﹤0.01% |
86,600
+4,000
| +5% | +$125K |
|
1760
MaxLinear
MXL
$1.37B
| $2.7M | ﹤0.01% |
102,100
-5,256
| -5% | -$139K |
|
|
TIER
1761
DELISTED
TIER REIT, Inc.
TIER
| $2.7M | ﹤0.01% |
132,227
+6,666
| +5% | +$136K |
|
1762
Donnelley Financial Solutions
DFIN
$1.5B
| $2.69M | ﹤0.01% |
137,899
+25,418
| +23% | +$495K |
|
|
AIMC
1763
DELISTED
Altra Industrial Motion Corp.
AIMC
| $2.68M | ﹤0.01% |
53,094
-1,348
| -2% | -$67.9K |
|
1764
PetMed Express
PETS
$57.8M
| $2.66M | ﹤0.01% |
58,384
-9,574
| -14% | -$436K |
|
1765
Huron Consulting
HURN
$2.44B
| $2.65M | ﹤0.01% |
65,602
+5,732
| +10% | +$232K |
|
1766
Varonis Systems
VRNS
$6.3B
| $2.65M | ﹤0.01% |
163,908
+32,508
| +25% | +$526K |
|
1767
Central Garden & Pet Class A
CENTA
$2.03B
| $2.65M | ﹤0.01% |
87,726
+381
| +0.4% | +$11.5K |
|
|
CEQP
1768
DELISTED
Crestwood Equity Partners LP
CEQP
| $2.64M | ﹤0.01% |
102,152
-16,025
| -14% | -$414K |
|
|
PHH
1769
DELISTED
PHH Corporation
PHH
| $2.63M | ﹤0.01% |
255,562
-4,170
| -2% | -$42.9K |
|
|
AXAS
1770
DELISTED
Abraxas Petroleum Corporation
AXAS
| $2.63M | ﹤0.01% |
53,380
| – | – |
|
1771
WesBanco
WSBC
$3.03B
| $2.62M | ﹤0.01% |
64,515
+7,273
| +13% | +$296K |
|
|
BEL
1772
DELISTED
Belmond Ltd.
BEL
| $2.62M | ﹤0.01% |
213,946
+4,000
| +2% | +$49K |
|
1773
Barrett Business Services
BBSI
$1.2B
| $2.62M | ﹤0.01% |
162,400
| – | – |
|
1774
Ultra Clean Holdings
UCTT
$1.14B
| $2.62M | ﹤0.01% |
113,369
-5,962
| -5% | -$138K |
|
1775
Alamo Group
ALG
$2.49B
| $2.61M | ﹤0.01% |
23,147
+4,747
| +26% | +$536K |
|