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 |
Walt Disney
DIS
|
+$134M |
| 2 |
PepsiCo
PEP
|
+$132M |
| 3 |
Coca-Cola
KO
|
+$126M |
| 4 |
Procter & Gamble
PG
|
+$109M |
| 5 |
Alphabet (Google) Class A
GOOGL
|
+$106M |
Top Sells
| 1 |
ATH
Athene Holding Ltd. Class A Common Shares
ATH
|
+$315M |
| 2 |
Mastercard
MA
|
+$267M |
| 3 |
Apple
AAPL
|
+$221M |
| 4 |
RTN
Raytheon Company
RTN
|
+$149M |
| 5 |
Northrop Grumman
NOC
|
+$131M |
Sector Composition
| 1 | Technology | 16.59% |
| 2 | Financials | 15.25% |
| 3 | Healthcare | 13.81% |
| 4 | Consumer Discretionary | 10.01% |
| 5 | Industrials | 8.71% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
HTLF
1901
DELISTED
Heartland Financial USA, Inc.
HTLF
| $1.64M | ﹤0.01% |
38,371
+1,605
| +4% | +$68.5K |
|
1902
Patrick Industries
PATK
$3.67B
| $1.63M | ﹤0.01% |
54,068
-1,350
| -2% | -$40.8K |
|
|
WPG
1903
DELISTED
Washington Prime Group Inc.
WPG
| $1.63M | ﹤0.01% |
32,119
-24,397
| -43% | -$1.24M |
|
1904
Regenxbio
RGNX
$465M
| $1.62M | ﹤0.01% |
28,343
-200
| -0.7% | -$11.5K |
|
|
USDP
1905
DELISTED
USD PARTNERS LP
USDP
| $1.62M | ﹤0.01% |
150,000
| – | – |
|
1906
Enterprise Financial Services Corp
EFSC
$2.24B
| $1.62M | ﹤0.01% |
39,712
-6,510
| -14% | -$265K |
|
1907
Standex International
SXI
$2.47B
| $1.62M | ﹤0.01% |
22,031
+8,283
| +60% | +$608K |
|
|
KRA
1908
DELISTED
Kraton Corporation
KRA
| $1.61M | ﹤0.01% |
50,086
-1,200
| -2% | -$38.6K |
|
1909
Red Robin
RRGB
$121M
| $1.61M | ﹤0.01% |
55,855
+19,807
| +55% | +$571K |
|
1910
Rush Enterprises Class A
RUSHA
$4.33B
| $1.61M | ﹤0.01% |
86,540
-46,557
| -35% | -$865K |
|
1911
CTS Corp
CTS
$1.23B
| $1.61M | ﹤0.01% |
54,636
-1,532
| -3% | -$45K |
|
|
LEAF
1912
DELISTED
Leaf Group Ltd.
LEAF
| $1.6M | ﹤0.01% |
200,040
| – | – |
|
|
NTUS
1913
DELISTED
Natus Medical Inc
NTUS
| $1.6M | ﹤0.01% |
62,911
-1,600
| -2% | -$40.6K |
|
1914
American Woodmark
AMWD
$995M
| $1.6M | ﹤0.01% |
19,304
-2,572
| -12% | -$213K |
|
1915
KRONOS Worldwide
KRO
$694M
| $1.59M | ﹤0.01% |
113,702
+52,000
| +84% | +$729K |
|
|
IPHI
1916
DELISTED
INPHI CORPORATION
IPHI
| $1.59M | ﹤0.01% |
36,390
-1,743
| -5% | -$76.3K |
|
1917
TTEC Holdings
TTEC
$173M
| $1.59M | ﹤0.01% |
43,860
| – | – |
|
1918
Sonos
SONO
$1.83B
| $1.58M | ﹤0.01% |
153,600
-2,517
| -2% | -$25.9K |
|
1919
AppFolio
APPF
$9.9B
| $1.58M | ﹤0.01% |
19,899
+2,554
| +15% | +$203K |
|
1920
Stratasys
SSYS
$835M
| $1.58M | ﹤0.01% |
66,273
-1,600
| -2% | -$38.1K |
|
1921
Mercer International
MERC
$206M
| $1.57M | ﹤0.01% |
116,500
-8,429
| -7% | -$114K |
|
|
BNFT
1922
DELISTED
Benefitfocus, Inc.
BNFT
| $1.57M | ﹤0.01% |
31,787
+8,487
| +36% | +$420K |
|
1923
Tennant Co
TNC
$1.5B
| $1.57M | ﹤0.01% |
25,331
+1,638
| +7% | +$102K |
|
|
ZIXI
1924
DELISTED
Zix Corporation
ZIXI
| $1.57M | ﹤0.01% |
228,299
+56,977
| +33% | +$392K |
|
|
BOLD
1925
DELISTED
Audentes Therapeutics, Inc
BOLD
| $1.57M | ﹤0.01% |
40,190
-900
| -2% | -$35.1K |
|