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 | |
|---|---|---|---|---|---|---|
1826
Mercury Systems
MRCY
$4.34B
| $2.26M | ﹤0.01% |
59,451
-15,036
| -20% | -$572K |
|
1827
Artivion
AORT
$1.92B
| $2.26M | ﹤0.01% |
81,069
-14,300
| -15% | -$398K |
|
1828
First Busey Corp
BUSE
$2.19B
| $2.26M | ﹤0.01% |
71,171
+2,407
| +4% | +$76.4K |
|
1829
Northern Oil and Gas
NOG
$2.48B
| $2.24M | ﹤0.01% |
71,210
| – | – |
|
|
IMPV
1830
DELISTED
Imperva, Inc.
IMPV
| $2.24M | ﹤0.01% |
46,465
+40,840
| +726% | +$1.97M |
|
1831
Lindsay Corp
LNN
$1.52B
| $2.24M | ﹤0.01% |
23,091
+33
| +0.1% | +$3.2K |
|
1832
Orion
OEC
$521M
| $2.24M | ﹤0.01% |
72,468
-14,678
| -17% | -$453K |
|
1833
Kinsale Capital Group
KNSL
$10.1B
| $2.23M | ﹤0.01% |
40,685
-1,115
| -3% | -$61.2K |
|
|
CNR
1834
Core Natural Resources, Inc.
CNR
$3.75B
| $2.23M | ﹤0.01% |
58,113
-324
| -0.6% | -$12.4K |
|
1835
Innoviva
INVA
$1.22B
| $2.22M | ﹤0.01% |
160,499
-32,501
| -17% | -$449K |
|
1836
Global Partners
GLP
$1.77B
| $2.21M | ﹤0.01% |
129,610
-19,589
| -13% | -$334K |
|
|
ATRI
1837
DELISTED
Atrion Corp
ATRI
| $2.21M | ﹤0.01% |
3,683
-215
| -6% | -$129K |
|
1838
First Bancorp
FBNC
$2.29B
| $2.21M | ﹤0.01% |
53,924
-1,554
| -3% | -$63.6K |
|
1839
Virtus Investment Partners
VRTS
$1.34B
| $2.21M | ﹤0.01% |
17,245
-1,755
| -9% | -$225K |
|
|
CHMI
1840
Cherry Hill Mortgage Investment Corp
CHMI
$107M
| $2.2M | ﹤0.01% |
123,376
+3,376
| +3% | +$60.3K |
|
1841
BrightView Holdings
BV
$1.32B
| $2.2M | ﹤0.01% |
+100,000
| New | +$2.2M |
|
|
CZZ
1842
DELISTED
Cosan Limited
CZZ
| $2.19M | ﹤0.01% |
287,551
-84,973
| -23% | -$648K |
|
1843
SPS Commerce
SPSC
$4B
| $2.18M | ﹤0.01% |
59,432
+24,130
| +68% | +$887K |
|
|
HIBB
1844
DELISTED
Hibbett, Inc. Common Stock
HIBB
| $2.18M | ﹤0.01% |
95,384
-33,234
| -26% | -$761K |
|
1845
Piper Sandler
PIPR
$6.12B
| $2.18M | ﹤0.01% |
28,403
-4,584
| -14% | -$352K |
|
1846
Modine Manufacturing
MOD
$7.86B
| $2.18M | ﹤0.01% |
119,380
-23,468
| -16% | -$428K |
|
|
BEL
1847
DELISTED
Belmond Ltd.
BEL
| $2.18M | ﹤0.01% |
195,086
-15,501
| -7% | -$173K |
|
1848
STAAR Surgical
STAA
$1.37B
| $2.17M | ﹤0.01% |
70,113
+17,066
| +32% | +$529K |
|
1849
Houlihan Lokey
HLI
$14.4B
| $2.17M | ﹤0.01% |
42,402
+10,147
| +31% | +$520K |
|
|
LEAF
1850
DELISTED
Leaf Group Ltd.
LEAF
| $2.17M | ﹤0.01% |
200,040
| – | – |
|