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 |
Chubb
CB
|
+$44.4M |
| 2 |
Broadcom
AVGO
|
+$40.5M |
| 3 |
Chevron
CVX
|
+$28.4M |
| 4 |
Weyerhaeuser
WY
|
+$27.2M |
| 5 |
Dentsply Sirona
XRAY
|
+$21.1M |
Top Sells
| 1 |
CB
CHUBB CORPORATION
CB
|
+$93.8M |
| 2 |
PCP
PRECISION CASTPARTS CORP
PCP
|
+$83.3M |
| 3 |
BRCM
BROADCOM CORP CL-A
BRCM
|
+$79.2M |
| 4 |
Meta Platforms (Facebook)
META
|
+$37.7M |
| 5 |
Alphabet (Google) Class C
GOOG
|
+$35.7M |
Sector Composition
| 1 | Financials | 15.3% |
| 2 | Technology | 14.55% |
| 3 | Healthcare | 13.35% |
| 4 | Industrials | 10.83% |
| 5 | Consumer Discretionary | 9.91% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
1776
AAR Corp
AIR
$2.67B
| $2.44M | ﹤0.01% |
104,700
+15,900
| +18% | +$370K |
|
1777
Lesaka Technologies
LSAK
$362M
| $2.43M | ﹤0.01% |
264,000
+292
| +0.1% | +$2.69K |
|
1778
Kosmos Energy
KOS
$799M
| $2.42M | ﹤0.01% |
416,400
-2,900
| -0.7% | -$16.9K |
|
|
GWB
1779
DELISTED
Great Western Bancorp, Inc.
GWB
| $2.42M | ﹤0.01% |
88,700
+41,800
| +89% | +$1.14M |
|
1780
Mercury Systems
MRCY
$4.34B
| $2.41M | ﹤0.01% |
118,896
-16,300
| -12% | -$331K |
|
1781
Hannon Armstrong Sustainable Infrastructure Capital
HASI
$3.48B
| $2.41M | ﹤0.01% |
125,500
+6,900
| +6% | +$133K |
|
|
PES
1782
DELISTED
Pioneer Energy Services Corp.
PES
| $2.41M | ﹤0.01% |
1,095,900
+344,500
| +46% | +$758K |
|
1783
Kforce
KFRC
$567M
| $2.41M | ﹤0.01% |
123,100
+2,900
| +2% | +$56.8K |
|
|
MTGE
1784
DELISTED
MTGE Investment Corp. Common Stock
MTGE
| $2.41M | ﹤0.01% |
164,200
+25,000
| +18% | +$367K |
|
1785
Ubiquiti
UI
$36.6B
| $2.41M | ﹤0.01% |
72,400
+600
| +0.8% | +$20K |
|
|
TFM
1786
DELISTED
THE FRESH MARKET, INC COM STK
TFM
| $2.4M | ﹤0.01% |
84,100
-1,100
| -1% | -$31.4K |
|
1787
Northfield Bancorp
NFBK
$492M
| $2.39M | ﹤0.01% |
145,600
-9,500
| -6% | -$156K |
|
1788
First Financial Bancorp
FFBC
$2.46B
| $2.39M | ﹤0.01% |
131,400
+17,200
| +15% | +$313K |
|
1789
Southside Bancshares
SBSI
$916M
| $2.38M | ﹤0.01% |
98,325
| – | – |
|
|
SASR
1790
DELISTED
Sandy Spring Bancorp Inc
SASR
| $2.38M | ﹤0.01% |
85,400
-2,600
| -3% | -$72.4K |
|
1791
Emergent Biosolutions
EBS
$434M
| $2.37M | ﹤0.01% |
65,300
-38,700
| -37% | -$1.41M |
|
1792
OneSpan
OSPN
$588M
| $2.37M | ﹤0.01% |
154,120
-2,300
| -1% | -$35.4K |
|
|
UAM
1793
DELISTED
Universal American Corp
UAM
| $2.37M | ﹤0.01% |
332,200
+41,900
| +14% | +$299K |
|
|
MEG
1794
DELISTED
Media General, Inc
MEG
| $2.36M | ﹤0.01% |
144,800
-11,643
| -7% | -$190K |
|
1795
Amicus Therapeutics
FOLD
$2.46B
| $2.36M | ﹤0.01% |
279,400
-46,700
| -14% | -$395K |
|
1796
CVB Financial
CVBF
$2.77B
| $2.36M | ﹤0.01% |
135,200
+3,100
| +2% | +$54.1K |
|
1797
Medifast
MED
$154M
| $2.35M | ﹤0.01% |
77,900
+4,400
| +6% | +$133K |
|
|
RSO
1798
DELISTED
Resource Capital Corp.
RSO
| $2.35M | ﹤0.01% |
208,950
+37,700
| +22% | +$424K |
|
|
CUB
1799
DELISTED
Cubic Corporation
CUB
| $2.35M | ﹤0.01% |
58,700
-400
| -0.7% | -$16K |
|
1800
Stratasys
SSYS
$835M
| $2.34M | ﹤0.01% |
90,400
-5,500
| -6% | -$143K |
|