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
|
+$282M |
| 2 |
Alphabet (Google) Class A
GOOGL
|
+$224M |
| 3 |
JOBS
51job, Inc.
JOBS
|
+$26.8M |
| 4 |
Intel
INTC
|
+$24.2M |
| 5 |
WP
Worldpay, Inc.
WP
|
+$22.7M |
Top Sells
| 1 |
Alphabet (Google) Class C
GOOG
|
+$312M |
| 2 |
Amazon
AMZN
|
+$153M |
| 3 |
Johnson & Johnson
JNJ
|
+$75.8M |
| 4 |
Microsoft
MSFT
|
+$69.7M |
| 5 |
Honeywell
HON
|
+$60.9M |
Sector Composition
| 1 | Financials | 18.48% |
| 2 | Technology | 16.84% |
| 3 | Healthcare | 12.76% |
| 4 | Industrials | 10.58% |
| 5 | Consumer Discretionary | 10.45% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
1876
Ameris Bancorp
ABCB
$5.1B
| $2.04M | ﹤0.01% |
38,535
-3,089
| -7% | -$163K |
|
|
AVX
1877
DELISTED
AVX Corporation
AVX
| $2.03M | ﹤0.01% |
122,714
+17,149
| +16% | +$284K |
|
|
TPC
1878
Tutor Perini Corporation
TPC
$3.37B
| $2.03M | ﹤0.01% |
91,949
-9,725
| -10% | -$214K |
|
1879
Pacira BioSciences
PCRX
$1.22B
| $2.03M | ﹤0.01% |
65,000
-3,100
| -5% | -$96.6K |
|
1880
NN Inc
NNBR
$117M
| $2.02M | ﹤0.01% |
84,000
| – | – |
|
|
PIR
1881
DELISTED
Pier 1 Imports, Inc.
PIR
| $2.02M | ﹤0.01% |
31,287
-2,926
| -9% | -$188K |
|
1882
The Bancorp
TBBK
$3.5B
| $2.01M | ﹤0.01% |
186,080
-47,026
| -20% | -$508K |
|
|
SYNT
1883
DELISTED
Syntel Inc
SYNT
| $2.01M | ﹤0.01% |
78,687
+15,087
| +24% | +$385K |
|
1884
Tennant Co
TNC
$1.5B
| $2.01M | ﹤0.01% |
29,654
-5,149
| -15% | -$349K |
|
1885
Diamond Hill
DHIL
$387M
| $2M | ﹤0.01% |
9,697
| – | – |
|
1886
Preferred Bank
PFBC
$1.16B
| $2M | ﹤0.01% |
31,200
+1,747
| +6% | +$112K |
|
1887
CBIZ
CBZ
$3.01B
| $2M | ﹤0.01% |
109,621
+21,178
| +24% | +$387K |
|
1888
Haverty Furniture Companies
HVT
$371M
| $2M | ﹤0.01% |
99,320
-904
| -0.9% | -$18.2K |
|
1889
Compass Diversified
CODI
$527M
| $1.99M | ﹤0.01% |
121,403
| – | – |
|
|
ICPT
1890
DELISTED
Intercept Pharmaceuticals, Inc.
ICPT
| $1.99M | ﹤0.01% |
32,300
| – | – |
|
1891
DMC Global
BOOM
$145M
| $1.98M | ﹤0.01% |
74,162
+11,762
| +19% | +$315K |
|
1892
First Bancorp
FBNC
$2.29B
| $1.98M | ﹤0.01% |
55,478
-13,410
| -19% | -$478K |
|
|
TIER
1893
DELISTED
TIER REIT, Inc.
TIER
| $1.98M | ﹤0.01% |
106,885
-25,342
| -19% | -$468K |
|
1894
Utah Medical Products
UTMD
$200M
| $1.97M | ﹤0.01% |
19,965
+3,015
| +18% | +$298K |
|
1895
Astec Industries
ASTE
$1.06B
| $1.96M | ﹤0.01% |
35,579
+4,681
| +15% | +$258K |
|
|
MTSC
1896
DELISTED
MTS Systems Corp
MTSC
| $1.96M | ﹤0.01% |
37,997
-9,983
| -21% | -$516K |
|
|
CNCE
1897
DELISTED
Concert Pharmaceuticals, Inc.
CNCE
| $1.95M | ﹤0.01% |
85,000
| – | – |
|
|
LGF.A
1898
DELISTED
Lions Gate Entertainment Corp. Class A Voting Shares
LGF.A
| $1.94M | ﹤0.01% |
75,126
+14,376
| +24% | +$371K |
|
|
AMAG
1899
DELISTED
AMAG Pharmaceuticals, Inc.
AMAG
| $1.94M | ﹤0.01% |
96,339
+12,098
| +14% | +$244K |
|
|
NWHM
1900
DELISTED
THE NEW HOME COMPANY INC.
NWHM
| $1.94M | ﹤0.01% |
174,800
| – | – |
|