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 |
Coty
COTY
|
+$42M |
| 2 |
Yum China
YUMC
|
+$22.3M |
| 3 |
Howmet Aerospace
HWM
|
+$19M |
| 4 |
Adient
ADNT
|
+$11.5M |
| 5 |
Lamb Weston
LW
|
+$10.4M |
Top Sells
| 1 |
Apple
AAPL
|
+$99.5M |
| 2 |
Synchrony
SYF
|
+$72.8M |
| 3 |
Microsoft
MSFT
|
+$68.4M |
| 4 |
JPMorgan Chase
JPM
|
+$63.7M |
| 5 |
Exxon Mobil
XOM
|
+$52.3M |
Sector Composition
| 1 | Financials | 17.68% |
| 2 | Technology | 14.39% |
| 3 | Healthcare | 12.29% |
| 4 | Industrials | 11.04% |
| 5 | Consumer Discretionary | 9.22% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
ONCE
1901
DELISTED
Spark Therapeutics, Inc. Common Stock
ONCE
| $2M | ﹤0.01% |
40,000
| – | – |
|
1902
Ethan Allen Interiors
ETD
$742M
| $1.99M | ﹤0.01% |
54,100
-9,100
| -14% | -$335K |
|
1903
Harmonic Inc
HLIT
$1.13B
| $1.99M | ﹤0.01% |
398,875
+36,400
| +10% | +$182K |
|
1904
First Bancorp
FBNC
$2.29B
| $1.98M | ﹤0.01% |
73,000
+400
| +0.6% | +$10.9K |
|
1905
Preferred Bank
PFBC
$1.16B
| $1.98M | ﹤0.01% |
37,800
+1,100
| +3% | +$57.6K |
|
1906
PetMed Express
PETS
$57.8M
| $1.97M | ﹤0.01% |
85,400
-5,100
| -6% | -$118K |
|
1907
TrueCar
TRUE
$215M
| $1.97M | ﹤0.01% |
157,400
-8,000
| -5% | -$100K |
|
1908
Halozyme
HALO
$8.99B
| $1.96M | ﹤0.01% |
198,500
| – | – |
|
1909
Synchronoss Technologies
SNCR
$66.9M
| $1.96M | ﹤0.01% |
5,689
-578
| -9% | -$199K |
|
1910
Vishay Precision Group
VPG
$416M
| $1.96M | ﹤0.01% |
103,700
+10,000
| +11% | +$189K |
|
1911
National Bank Holdings
NBHC
$1.46B
| $1.96M | ﹤0.01% |
61,400
-5,600
| -8% | -$179K |
|
|
AUD
1912
DELISTED
Audacy, Inc.
AUD
| $1.95M | ﹤0.01% |
127,500
-4,000
| -3% | -$61.2K |
|
|
RFP
1913
DELISTED
Resolute Forest Products Inc.
RFP
| $1.95M | ﹤0.01% |
364,700
-72,000
| -16% | -$385K |
|
|
GHDX
1914
DELISTED
Genomic Health, Inc.
GHDX
| $1.95M | ﹤0.01% |
66,200
-1,500
| -2% | -$44.1K |
|
|
SODA
1915
DELISTED
SodaStream International Ltd
SODA
| $1.94M | ﹤0.01% |
49,200
-300
| -0.6% | -$11.8K |
|
1916
Biglari Holdings Class B
BH
$943M
| $1.94M | ﹤0.01% |
6,150
-300
| -5% | -$94.6K |
|
1917
LendingTree
TREE
$978M
| $1.94M | ﹤0.01% |
19,100
-1,000
| -5% | -$101K |
|
|
PCBK
1918
DELISTED
Pacific Continental Corp
PCBK
| $1.93M | ﹤0.01% |
88,400
-2,100
| -2% | -$45.9K |
|
1919
CEVA Inc
CEVA
$564M
| $1.93M | ﹤0.01% |
57,400
-42,600
| -43% | -$1.43M |
|
1920
Materion
MTRN
$2.31B
| $1.93M | ﹤0.01% |
48,600
-1,600
| -3% | -$63.4K |
|
1921
Boise Cascade
BCC
$3.2B
| $1.92M | ﹤0.01% |
85,500
+4,500
| +6% | +$101K |
|
|
HW
1922
DELISTED
Headwaters Inc
HW
| $1.92M | ﹤0.01% |
81,800
-31,600
| -28% | -$743K |
|
1923
Progress Software
PRGS
$1.81B
| $1.91M | ﹤0.01% |
59,862
-1,700
| -3% | -$54.3K |
|
1924
Standard Motor Products
SMP
$889M
| $1.91M | ﹤0.01% |
35,900
-5,500
| -13% | -$293K |
|
1925
Matthews International
MATW
$763M
| $1.91M | ﹤0.01% |
24,800
-2,900
| -10% | -$223K |
|