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 |
Coca-Cola
KO
|
+$95.4M |
| 2 |
PepsiCo
PEP
|
+$73.5M |
| 3 |
Accenture
ACN
|
+$68.9M |
| 4 |
Lockheed Martin
LMT
|
+$66.5M |
| 5 |
Simon Property Group
SPG
|
+$53.6M |
Top Sells
| 1 |
JPMorgan Chase
JPM
|
+$144M |
| 2 |
Apple
AAPL
|
+$100M |
| 3 |
Berkshire Hathaway Class B
BRK.B
|
+$98.3M |
| 4 |
Alphabet (Google) Class A
GOOGL
|
+$91.6M |
| 5 |
Meta Platforms (Facebook)
META
|
+$65.5M |
Sector Composition
| 1 | Technology | 17.51% |
| 2 | Financials | 17.03% |
| 3 | Healthcare | 13.68% |
| 4 | Consumer Discretionary | 10.35% |
| 5 | Industrials | 10.11% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
1901
Varex Imaging
VREX
$469M
| $2.03M | ﹤0.01% |
70,653
-5,200
| -7% | -$149K |
|
|
CONN
1902
DELISTED
Conn's Inc.
CONN
| $2.02M | ﹤0.01% |
57,242
-5,248
| -8% | -$186K |
|
|
CBB
1903
DELISTED
Cincinnati Bell Inc.
CBB
| $2.02M | ﹤0.01% |
126,891
+928
| +0.7% | +$14.8K |
|
1904
Camden National
CAC
$684M
| $2.02M | ﹤0.01% |
46,554
+1,032
| +2% | +$44.8K |
|
|
NWLI
1905
DELISTED
National Western Life Group, Inc. Class A
NWLI
| $2.02M | ﹤0.01% |
6,318
-38
| -0.6% | -$12.1K |
|
1906
RE/MAX Holdings
RMAX
$195M
| $2.01M | ﹤0.01% |
45,405
+6,057
| +15% | +$269K |
|
|
TRHC
1907
DELISTED
Tabula Rasa HealthCare, Inc. Common Stock
TRHC
| $2.01M | ﹤0.01% |
24,804
+13,341
| +116% | +$1.08M |
|
1908
Standard Motor Products
SMP
$889M
| $2.01M | ﹤0.01% |
40,839
+4,960
| +14% | +$244K |
|
|
EIGI
1909
DELISTED
Endurance International Group Holdings, Inc.
EIGI
| $2.01M | ﹤0.01% |
228,418
-14,091
| -6% | -$124K |
|
1910
1st Source
SRCE
$1.55B
| $2.01M | ﹤0.01% |
38,137
-4,771
| -11% | -$251K |
|
1911
Ezcorp Inc
EZPW
$1.04B
| $2M | ﹤0.01% |
187,041
-14,014
| -7% | -$150K |
|
1912
TriNet
TNET
$3.35B
| $2M | ﹤0.01% |
35,516
-983
| -3% | -$55.4K |
|
|
LEAF
1913
DELISTED
Leaf Group Ltd.
LEAF
| $2M | ﹤0.01% |
200,040
| – | – |
|
|
DF
1914
DELISTED
Dean Foods Company
DF
| $2M | ﹤0.01% |
281,697
+23,104
| +9% | +$164K |
|
1915
Par Pacific Holdings
PARR
$1.67B
| $2M | ﹤0.01% |
+97,976
| New | +$2M |
|
|
GBT
1916
DELISTED
Global Blood Therapeutics, Inc.
GBT
| $1.99M | ﹤0.01% |
52,467
-5,178
| -9% | -$197K |
|
1917
FerroAtlántica
GSM
$773M
| $1.99M | ﹤0.01% |
243,966
-20,400
| -8% | -$167K |
|
1918
Pathward Financial
CASH
$1.72B
| $1.99M | ﹤0.01% |
72,225
+8,511
| +13% | +$235K |
|
1919
AnaptysBio
ANAB
$655M
| $1.99M | ﹤0.01% |
19,918
-1,100
| -5% | -$110K |
|
1920
Regis Corp
RGS
$70.8M
| $1.97M | ﹤0.01% |
4,827
-486
| -9% | -$199K |
|
|
CNSL
1921
DELISTED
Consolidated Communications Holdings, Inc.
CNSL
| $1.97M | ﹤0.01% |
151,261
-12,154
| -7% | -$158K |
|
|
BPMP
1922
DELISTED
BP Midstream Partners LP Common Units representing Limited Partner Interests
BPMP
| $1.97M | ﹤0.01% |
104,807
-7,900
| -7% | -$148K |
|
1923
Piper Sandler
PIPR
$6.12B
| $1.97M | ﹤0.01% |
25,788
-2,615
| -9% | -$200K |
|
1924
Boyd Gaming
BYD
$6.79B
| $1.97M | ﹤0.01% |
58,114
+19,787
| +52% | +$670K |
|
1925
Opko Health
OPK
$1.11B
| $1.97M | ﹤0.01% |
568,432
-134,968
| -19% | -$467K |
|