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 | |
|---|---|---|---|---|---|---|
|
AKS
1826
DELISTED
AK Steel Holding Corp.
AKS
| $2.42M | ﹤0.01% |
428,300
+14,300
| +3% | +$80.9K |
|
|
IVC
1827
DELISTED
Invacare Corporation
IVC
| $2.42M | ﹤0.01% |
143,559
-11,044
| -7% | -$186K |
|
|
UBNK
1828
DELISTED
United Financial Bancorp, Inc.
UBNK
| $2.42M | ﹤0.01% |
137,065
+2,861
| +2% | +$50.5K |
|
1829
Boston Beer
SAM
$2.36B
| $2.42M | ﹤0.01% |
12,650
+1,850
| +17% | +$353K |
|
1830
Northfield Bancorp
NFBK
$492M
| $2.42M | ﹤0.01% |
141,427
+9,728
| +7% | +$166K |
|
1831
Global Partners
GLP
$1.77B
| $2.41M | ﹤0.01% |
144,500
-2,400
| -2% | -$40.1K |
|
|
BFS
1832
Saul Centers
BFS
$785M
| $2.4M | ﹤0.01% |
38,896
+2,186
| +6% | +$135K |
|
1833
Agree Realty
ADC
$8.09B
| $2.4M | ﹤0.01% |
46,663
+1,584
| +4% | +$81.5K |
|
1834
QuinStreet
QNST
$930M
| $2.4M | ﹤0.01% |
286,333
+45,833
| +19% | +$384K |
|
1835
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
$30.8B
| $2.4M | ﹤0.01% |
+19,723
| New | +$2.4M |
|
1836
Enterprise Financial Services Corp
EFSC
$2.24B
| $2.4M | ﹤0.01% |
53,051
-1,784
| -3% | -$80.5K |
|
|
MFGP
1837
DELISTED
Micro Focus International plc. American Depositary Shares, each representing One Ordinary Share
MFGP
| $2.39M | ﹤0.01% |
58,907
| – | – |
|
1838
Cavco Industries
CVCO
$4.32B
| $2.39M | ﹤0.01% |
15,649
+1,049
| +7% | +$160K |
|
|
VRTV
1839
DELISTED
VERITIV CORPORATION
VRTV
| $2.39M | ﹤0.01% |
82,516
+16,013
| +24% | +$463K |
|
|
ESND
1840
DELISTED
Essendant Inc.
ESND
| $2.38M | ﹤0.01% |
256,960
+31,054
| +14% | +$288K |
|
1841
Suburban Propane Partners
SPH
$1.21B
| $2.37M | ﹤0.01% |
97,916
+2,700
| +3% | +$65.4K |
|
|
ZGNX
1842
DELISTED
Zogenix, Inc.
ZGNX
| $2.37M | ﹤0.01% |
59,150
+1,400
| +2% | +$56.1K |
|
|
RDUS
1843
DELISTED
Radius Health, Inc.
RDUS
| $2.36M | ﹤0.01% |
74,400
+1,700
| +2% | +$54K |
|
1844
Prothena Corp
PRTA
$442M
| $2.36M | ﹤0.01% |
63,000
+2,300
| +4% | +$86.2K |
|
1845
Supernus Pharmaceuticals
SUPN
$2.55B
| $2.36M | ﹤0.01% |
59,169
+12,079
| +26% | +$481K |
|
|
P
1846
DELISTED
Pandora Media Inc
P
| $2.36M | ﹤0.01% |
489,100
+13,900
| +3% | +$67K |
|
|
BNCL
1847
DELISTED
Beneficial Bancorp, Inc.
BNCL
| $2.34M | ﹤0.01% |
142,361
+11,360
| +9% | +$187K |
|
|
RSO
1848
DELISTED
Resource Capital Corp.
RSO
| $2.34M | ﹤0.01% |
249,603
+20,359
| +9% | +$191K |
|
1849
SpartanNash
SPTN
$897M
| $2.34M | ﹤0.01% |
87,551
+28,661
| +49% | +$765K |
|
|
NEX
1850
DELISTED
NexTier Oilfield Solutions Inc.
NEX
| $2.33M | ﹤0.01% |
122,700
| – | – |
|