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 | |
|---|---|---|---|---|---|---|
1751
Materion
MTRN
$2.31B
| $2.55M | ﹤0.01% |
47,039
+6,720
| +17% | +$364K |
|
1752
Onto Innovation
ONTO
$5.44B
| $2.52M | ﹤0.01% |
71,251
-6,335
| -8% | -$224K |
|
1753
NGL Energy Partners
NGL
$740M
| $2.51M | ﹤0.01% |
200,891
-36,109
| -15% | -$451K |
|
|
SASR
1754
DELISTED
Sandy Spring Bancorp Inc
SASR
| $2.51M | ﹤0.01% |
61,232
-13,744
| -18% | -$564K |
|
|
SYNT
1755
DELISTED
Syntel Inc
SYNT
| $2.51M | ﹤0.01% |
78,058
-629
| -0.8% | -$20.2K |
|
1756
Vishay Precision Group
VPG
$416M
| $2.5M | ﹤0.01% |
65,568
-11,516
| -15% | -$439K |
|
1757
Gibraltar Industries
ROCK
$1.78B
| $2.5M | ﹤0.01% |
66,595
-9,850
| -13% | -$369K |
|
1758
Lakeland Financial Corp
LKFN
$1.66B
| $2.49M | ﹤0.01% |
51,637
-398
| -0.8% | -$19.2K |
|
1759
Heartland Express
HTLD
$656M
| $2.49M | ﹤0.01% |
133,941
-28,364
| -17% | -$526K |
|
|
WIRE
1760
DELISTED
Encore Wire Corp
WIRE
| $2.48M | ﹤0.01% |
52,242
+7,896
| +18% | +$375K |
|
1761
Artisan Partners
APAM
$3.27B
| $2.48M | ﹤0.01% |
82,168
+26,018
| +46% | +$784K |
|
|
MNTA
1762
DELISTED
Momenta Pharmaceuticals, Inc.
MNTA
| $2.48M | ﹤0.01% |
121,063
-9,137
| -7% | -$187K |
|
|
KBAL
1763
DELISTED
Kimball International
KBAL
| $2.47M | ﹤0.01% |
153,065
-20,087
| -12% | -$325K |
|
1764
Fox Factory Holding Corp
FOXF
$1.14B
| $2.47M | ﹤0.01% |
53,120
+26,046
| +96% | +$1.21M |
|
1765
AeroVironment
AVAV
$12.1B
| $2.47M | ﹤0.01% |
34,592
+3,492
| +11% | +$249K |
|
1766
Corcept Therapeutics
CORT
$7.68B
| $2.47M | ﹤0.01% |
156,958
+15,541
| +11% | +$244K |
|
|
LDL
1767
DELISTED
Lydall, Inc.
LDL
| $2.46M | ﹤0.01% |
56,410
-6,578
| -10% | -$287K |
|
1768
CTS Corp
CTS
$1.23B
| $2.46M | ﹤0.01% |
68,220
+1,081
| +2% | +$38.9K |
|
|
BNCL
1769
DELISTED
Beneficial Bancorp, Inc.
BNCL
| $2.46M | ﹤0.01% |
151,631
+16,399
| +12% | +$266K |
|
|
IPCC
1770
DELISTED
Infinity Property & Casualty C
IPCC
| $2.45M | ﹤0.01% |
17,190
-4,140
| -19% | -$589K |
|
1771
OSI Systems
OSIS
$3.95B
| $2.44M | ﹤0.01% |
31,534
-3,844
| -11% | -$297K |
|
1772
Trade Desk
TTD
$22.1B
| $2.44M | ﹤0.01% |
+260,000
| New | +$2.44M |
|
|
HTLF
1773
DELISTED
Heartland Financial USA, Inc.
HTLF
| $2.44M | ﹤0.01% |
44,389
+23,924
| +117% | +$1.31M |
|
1774
Tennant Co
TNC
$1.5B
| $2.43M | ﹤0.01% |
30,793
+1,139
| +4% | +$90K |
|
|
FSP
1775
Franklin Street Properties
FSP
$174M
| $2.43M | ﹤0.01% |
283,704
-66,990
| -19% | -$574K |
|