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 | |
|---|---|---|---|---|---|---|
|
RPT
1901
DELISTED
RPT Realty Common Shares of Beneficial Interest (MD)
RPT
| $2.02M | ﹤0.01% |
152,750
-18,266
| -11% | -$241K |
|
1902
OraSure Technologies
OSUR
$242M
| $2.01M | ﹤0.01% |
121,913
-30,635
| -20% | -$505K |
|
1903
TFS Financial
TFSL
$3.75B
| $2M | ﹤0.01% |
127,030
+870
| +0.7% | +$13.7K |
|
1904
StealthGas
GASS
$271M
| $2M | ﹤0.01% |
508,900
| – | – |
|
1905
Movado Group
MOV
$438M
| $2M | ﹤0.01% |
41,384
-5,737
| -12% | -$277K |
|
1906
Interparfums
IPAR
$3.43B
| $2M | ﹤0.01% |
37,292
+3,078
| +9% | +$165K |
|
1907
Primoris Services
PRIM
$6.59B
| $1.98M | ﹤0.01% |
72,699
+28,461
| +64% | +$775K |
|
|
CBB
1908
DELISTED
Cincinnati Bell Inc.
CBB
| $1.98M | ﹤0.01% |
125,963
-52,615
| -29% | -$826K |
|
|
CSR
1909
Centerspace
CSR
$979M
| $1.97M | ﹤0.01% |
35,689
-11,245
| -24% | -$622K |
|
|
HMLP
1910
DELISTED
HOEGH LNG PARTNERS LP
HMLP
| $1.97M | ﹤0.01% |
109,835
-7,365
| -6% | -$132K |
|
|
TRTN
1911
DELISTED
Triton International Limited
TRTN
| $1.97M | ﹤0.01% |
64,273
+1,088
| +2% | +$33.4K |
|
|
COBZ
1912
DELISTED
CoBiz Financial,Inc
COBZ
| $1.96M | ﹤0.01% |
91,411
+4,911
| +6% | +$106K |
|
1913
Great Southern Bancorp
GSBC
$710M
| $1.96M | ﹤0.01% |
34,265
+1,748
| +5% | +$100K |
|
1914
Peoples Bancorp
PEBO
$1.08B
| $1.96M | ﹤0.01% |
51,873
+4,918
| +10% | +$186K |
|
1915
Insteel Industries
IIIN
$749M
| $1.96M | ﹤0.01% |
58,617
-783
| -1% | -$26.2K |
|
|
NWLI
1916
DELISTED
National Western Life Group, Inc. Class A
NWLI
| $1.95M | ﹤0.01% |
6,356
+9
| +0.1% | +$2.77K |
|
|
STBZ
1917
DELISTED
State Bank Financial Corporation. Common Stock
STBZ
| $1.95M | ﹤0.01% |
58,487
+47,586
| +437% | +$1.59M |
|
|
EXTN
1918
DELISTED
Exterran Corporation
EXTN
| $1.95M | ﹤0.01% |
77,897
-24,354
| -24% | -$610K |
|
1919
Dynagas LNG Partners
DLNG
$141M
| $1.95M | ﹤0.01% |
237,822
-17,078
| -7% | -$140K |
|
|
NRE
1920
DELISTED
NorthStar Realty Europe Corp.
NRE
| $1.93M | ﹤0.01% |
133,314
-13,913
| -9% | -$202K |
|
1921
Utah Medical Products
UTMD
$200M
| $1.93M | ﹤0.01% |
17,512
-2,453
| -12% | -$270K |
|
1922
Acadia Pharmaceuticals
ACAD
$3.98B
| $1.93M | ﹤0.01% |
126,200
-25,300
| -17% | -$386K |
|
1923
AMN Healthcare
AMN
$699M
| $1.92M | ﹤0.01% |
32,730
+8,933
| +38% | +$523K |
|
|
PEI
1924
DELISTED
Pennsylvania Real Estate Investment Trust
PEI
| $1.91M | ﹤0.01% |
11,601
-2,802
| -19% | -$462K |
|
|
MCHB
1925
Mechanics Bancorp Class A Common Stock
MCHB
$3.03B
| $1.91M | ﹤0.01% |
70,880
+15,384
| +28% | +$415K |
|