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 |
Chubb
CB
|
+$44.4M |
| 2 |
Broadcom
AVGO
|
+$40.5M |
| 3 |
Chevron
CVX
|
+$28.4M |
| 4 |
Weyerhaeuser
WY
|
+$27.2M |
| 5 |
Dentsply Sirona
XRAY
|
+$21.1M |
Top Sells
| 1 |
CB
CHUBB CORPORATION
CB
|
+$93.8M |
| 2 |
PCP
PRECISION CASTPARTS CORP
PCP
|
+$83.3M |
| 3 |
BRCM
BROADCOM CORP CL-A
BRCM
|
+$79.2M |
| 4 |
Meta Platforms (Facebook)
META
|
+$37.7M |
| 5 |
Alphabet (Google) Class C
GOOG
|
+$35.7M |
Sector Composition
| 1 | Financials | 15.3% |
| 2 | Technology | 14.55% |
| 3 | Healthcare | 13.35% |
| 4 | Industrials | 10.83% |
| 5 | Consumer Discretionary | 9.91% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
AREX
1926
DELISTED
Approach Resources Inc.
AREX
| $1.91M | ﹤0.01% |
1,644,000
+47,900
| +3% | +$55.6K |
|
1927
Synchronoss Technologies
SNCR
$66.9M
| $1.91M | ﹤0.01% |
6,544
-378
| -5% | -$110K |
|
1928
Lands' End
LE
$475M
| $1.9M | ﹤0.01% |
74,627
+18,400
| +33% | +$469K |
|
1929
RadNet
RDNT
$5.69B
| $1.9M | ﹤0.01% |
394,300
+18,300
| +5% | +$88.4K |
|
1930
Sabra Healthcare REIT
SBRA
$4.57B
| $1.9M | ﹤0.01% |
94,600
-14,800
| -14% | -$297K |
|
|
TWOU
1931
DELISTED
2U, Inc.
TWOU
| $1.9M | ﹤0.01% |
2,800
+153
| +6% | +$104K |
|
|
IMOS
1932
ChipMOS TECHNOLOGIES
IMOS
$627M
| $1.89M | ﹤0.01% |
98,740
+5,899
| +6% | +$113K |
|
|
GLUU
1933
DELISTED
Glu Mobile Inc.
GLUU
| $1.89M | ﹤0.01% |
669,862
+215,262
| +47% | +$607K |
|
1934
Super Micro Computer
SMCI
$26.7B
| $1.89M | ﹤0.01% |
554,000
+2,000
| +0.4% | +$6.82K |
|
|
NXGN
1935
DELISTED
NextGen Healthcare, Inc. Common Stock
NXGN
| $1.89M | ﹤0.01% |
123,800
+1,600
| +1% | +$24.4K |
|
|
CIO
1936
City Office REIT
CIO
$280M
| $1.88M | ﹤0.01% |
165,000
| – | – |
|
|
ALDR
1937
DELISTED
Alder Biopharmaceuticals, Inc.
ALDR
| $1.88M | ﹤0.01% |
76,600
-4,700
| -6% | -$115K |
|
1938
E.W. Scripps
SSP
$257M
| $1.87M | ﹤0.01% |
120,100
-16,399
| -12% | -$256K |
|
|
NPKI
1939
NPK International Inc.
NPKI
$889M
| $1.87M | ﹤0.01% |
432,400
+101,800
| +31% | +$440K |
|
|
IVC
1940
DELISTED
Invacare Corporation
IVC
| $1.87M | ﹤0.01% |
141,828
+19,000
| +15% | +$250K |
|
1941
Tennant Co
TNC
$1.5B
| $1.86M | ﹤0.01% |
36,200
+3,200
| +10% | +$165K |
|
|
AMTG
1942
DELISTED
APOLLO RESIDENTIAL MTG INC COM STK
AMTG
| $1.86M | ﹤0.01% |
138,800
+23,600
| +20% | +$317K |
|
|
ADAM
1943
Adamas Trust, Inc. Common Stock
ADAM
$644M
| $1.86M | ﹤0.01% |
98,125
+4,950
| +5% | +$93.8K |
|
|
TAL
1944
DELISTED
TAL INTERNATIONAL GROUP, INC.
TAL
| $1.86M | ﹤0.01% |
120,200
+45,900
| +62% | +$709K |
|
1945
Cohen & Steers
CNS
$3.65B
| $1.85M | ﹤0.01% |
47,600
+1,600
| +3% | +$62.3K |
|
1946
FRP Holdings
FRPH
$483M
| $1.85M | ﹤0.01% |
103,800
-4,000
| -4% | -$71.2K |
|
1947
Oaktree Specialty Lending
OCSL
$1.21B
| $1.85M | ﹤0.01% |
122,733
-7,400
| -6% | -$111K |
|
1948
NN Inc
NNBR
$117M
| $1.85M | ﹤0.01% |
134,900
+30,900
| +30% | +$423K |
|
1949
Rigel Pharmaceuticals
RIGL
$681M
| $1.83M | ﹤0.01% |
88,150
| – | – |
|
1950
Astec Industries
ASTE
$1.06B
| $1.83M | ﹤0.01% |
39,200
+600
| +2% | +$28K |
|