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 |
ATH
Athene Holding Ltd. Class A Common Shares
ATH
|
+$69.3M |
| 2 |
Alphabet (Google) Class C
GOOG
|
+$60.2M |
| 3 |
DXC Technology
DXC
|
+$49.4M |
| 4 |
Berkshire Hathaway Class B
BRK.B
|
+$47.5M |
| 5 |
Amazon
AMZN
|
+$46.9M |
Top Sells
| 1 |
YHOO
Yahoo Inc
YHOO
|
+$170M |
| 2 |
Zoetis
ZTS
|
+$75.8M |
| 3 |
Yum! Brands
YUM
|
+$69M |
| 4 |
Wells Fargo
WFC
|
+$49.2M |
| 5 |
Zimmer Biomet
ZBH
|
+$44.4M |
Sector Composition
| 1 | Financials | 17.92% |
| 2 | Technology | 15.12% |
| 3 | Healthcare | 13.25% |
| 4 | Industrials | 10.83% |
| 5 | Consumer Discretionary | 10.03% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
CUB
1801
DELISTED
Cubic Corporation
CUB
| $2.2M | ﹤0.01% |
47,500
+4,000
| +9% | +$185K |
|
1802
Axogen
AXGN
$755M
| $2.2M | ﹤0.01% |
131,100
+25,900
| +25% | +$434K |
|
1803
ESCO Technologies
ESE
$5.38B
| $2.2M | ﹤0.01% |
36,800
+1,900
| +5% | +$113K |
|
1804
Citi Trends
CTRN
$281M
| $2.19M | ﹤0.01% |
103,400
-12,600
| -11% | -$267K |
|
|
TVRD
1805
Tvardi Therapeutics, Inc. Common Stock
TVRD
$318M
| $2.19M | ﹤0.01% |
3,958
| – | – |
|
|
PTLA
1806
DELISTED
Portola Pharmaceuticals, Inc.
PTLA
| $2.19M | ﹤0.01% |
39,000
| – | – |
|
|
UBNK
1807
DELISTED
United Financial Bancorp, Inc.
UBNK
| $2.19M | ﹤0.01% |
131,300
+9,100
| +7% | +$152K |
|
|
INN
1808
Summit Hotel Properties
INN
$623M
| $2.19M | ﹤0.01% |
117,400
+9,700
| +9% | +$181K |
|
|
AIG.WS
1809
DELISTED
American International Group, Inc.
AIG.WS
| $2.18M | ﹤0.01% |
103,600
+2,200
| +2% | +$46.4K |
|
1810
Heritage Financial
HFWA
$833M
| $2.18M | ﹤0.01% |
82,200
+2,500
| +3% | +$66.2K |
|
1811
KRONOS Worldwide
KRO
$694M
| $2.18M | ﹤0.01% |
119,400
-18,900
| -14% | -$344K |
|
1812
Cato Corp
CATO
$91.1M
| $2.17M | ﹤0.01% |
123,400
+5,400
| +5% | +$95K |
|
1813
G-III Apparel Group
GIII
$1.12B
| $2.17M | ﹤0.01% |
86,900
+4,900
| +6% | +$122K |
|
|
NPKI
1814
NPK International Inc.
NPKI
$889M
| $2.16M | ﹤0.01% |
294,400
-96,700
| -25% | -$711K |
|
|
SPNC
1815
DELISTED
Spectranetics Corp
SPNC
| $2.16M | ﹤0.01% |
56,300
+1,100
| +2% | +$42.2K |
|
1816
Hannon Armstrong Sustainable Infrastructure Capital
HASI
$3.48B
| $2.16M | ﹤0.01% |
94,500
+4,500
| +5% | +$103K |
|
|
FPO
1817
DELISTED
First Potomac Realty Trust
FPO
| $2.16M | ﹤0.01% |
194,226
-18,600
| -9% | -$207K |
|
1818
US Physical Therapy
USPH
$1.22B
| $2.16M | ﹤0.01% |
35,700
-700
| -2% | -$42.3K |
|
|
BKS
1819
DELISTED
Barnes & Noble
BKS
| $2.16M | ﹤0.01% |
283,500
+300
| +0.1% | +$2.28K |
|
1820
Coeur Mining
CDE
$9.98B
| $2.15M | ﹤0.01% |
250,500
+10,700
| +4% | +$91.8K |
|
|
RSO
1821
DELISTED
Resource Capital Corp.
RSO
| $2.15M | ﹤0.01% |
211,350
+700
| +0.3% | +$7.12K |
|
|
BFS
1822
Saul Centers
BFS
$785M
| $2.15M | ﹤0.01% |
37,024
-1,200
| -3% | -$69.6K |
|
1823
WesBanco
WSBC
$3.03B
| $2.14M | ﹤0.01% |
54,216
-4,100
| -7% | -$162K |
|
1824
American Public Education
APEI
$645M
| $2.14M | ﹤0.01% |
90,300
-5,200
| -5% | -$123K |
|
1825
Suburban Propane Partners
SPH
$1.21B
| $2.13M | ﹤0.01% |
89,700
+1,800
| +2% | +$42.8K |
|