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 | |
|---|---|---|---|---|---|---|
|
DOOR
1801
DELISTED
MASONITE INTERNATIONAL CORP
DOOR
| $2.38M | ﹤0.01% |
37,173
-187
| -0.5% | -$12K |
|
|
KBAL
1802
DELISTED
Kimball International
KBAL
| $2.38M | ﹤0.01% |
142,228
-10,837
| -7% | -$181K |
|
|
RDUS
1803
DELISTED
Radius Recycling
RDUS
| $2.38M | ﹤0.01% |
88,001
+24,135
| +38% | +$653K |
|
1804
Rush Enterprises Class A
RUSHA
$4.33B
| $2.37M | ﹤0.01% |
135,891
+1,728
| +1% | +$30.2K |
|
|
CMO
1805
DELISTED
Capstead Mortgage Corp.
CMO
| $2.37M | ﹤0.01% |
300,167
-42,748
| -12% | -$338K |
|
|
BNCL
1806
DELISTED
Beneficial Bancorp, Inc.
BNCL
| $2.37M | ﹤0.01% |
140,253
-11,378
| -8% | -$192K |
|
|
AAT
1807
American Assets Trust
AAT
$1.27B
| $2.37M | ﹤0.01% |
63,477
-4,459
| -7% | -$166K |
|
1808
AMN Healthcare
AMN
$699M
| $2.36M | ﹤0.01% |
43,208
+10,478
| +32% | +$573K |
|
1809
Northfield Bancorp
NFBK
$492M
| $2.36M | ﹤0.01% |
148,321
-14,621
| -9% | -$233K |
|
|
SPPI
1810
DELISTED
Spectrum Pharmaceuticals Inc
SPPI
| $2.36M | ﹤0.01% |
140,226
-10,602
| -7% | -$178K |
|
|
ATRI
1811
DELISTED
Atrion Corp
ATRI
| $2.35M | ﹤0.01% |
3,380
-303
| -8% | -$210K |
|
|
CBL
1812
DELISTED
CBL& Associates Properties, Inc.
CBL
| $2.35M | ﹤0.01% |
587,943
+3,346
| +0.6% | +$13.4K |
|
|
AXAS
1813
DELISTED
Abraxas Petroleum Corporation
AXAS
| $2.33M | ﹤0.01% |
50,057
-4,345
| -8% | -$203K |
|
|
TA
1814
DELISTED
TravelCenters of America LLC
TA
| $2.33M | ﹤0.01% |
81,792
+886
| +1% | +$25.3K |
|
|
LGF.A
1815
DELISTED
Lions Gate Entertainment Corp. Class A Voting Shares
LGF.A
| $2.33M | ﹤0.01% |
95,457
-9,163
| -9% | -$223K |
|
1816
Apogee Enterprises
APOG
$903M
| $2.33M | ﹤0.01% |
56,322
-2,545
| -4% | -$105K |
|
|
LBAI
1817
DELISTED
Lakeland Bancorp Inc
LBAI
| $2.32M | ﹤0.01% |
128,639
-1,462
| -1% | -$26.4K |
|
1818
Amneal Pharmaceuticals
AMRX
$3.14B
| $2.32M | ﹤0.01% |
104,605
-3,646
| -3% | -$80.9K |
|
1819
Astec Industries
ASTE
$1.06B
| $2.32M | ﹤0.01% |
46,044
+299
| +0.7% | +$15.1K |
|
1820
Progress Software
PRGS
$1.81B
| $2.31M | ﹤0.01% |
65,527
+4,957
| +8% | +$175K |
|
|
FCB
1821
DELISTED
FCB Financial Holdings, Inc.
FCB
| $2.3M | ﹤0.01% |
48,540
-3,875
| -7% | -$184K |
|
1822
Ormat Technologies
ORA
$5.53B
| $2.3M | ﹤0.01% |
42,438
-8,967
| -17% | -$485K |
|
1823
Madrigal Pharmaceuticals
MDGL
$9.63B
| $2.3M | ﹤0.01% |
10,718
+4,810
| +81% | +$1.03M |
|
1824
BioXcel Therapeutics
BTAI
$49.8M
| $2.29M | ﹤0.01% |
18,650
| – | – |
|
1825
Kinsale Capital Group
KNSL
$10.1B
| $2.28M | ﹤0.01% |
35,772
-4,913
| -12% | -$314K |
|