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 | |
|---|---|---|---|---|---|---|
1926
KRONOS Worldwide
KRO
$694M
| $1.9M | ﹤0.01% |
159,500
+13,300
| +9% | +$159K |
|
|
ATRS
1927
DELISTED
Antares Pharma, Inc.
ATRS
| $1.9M | ﹤0.01% |
817,000
+517,100
| +172% | +$1.21M |
|
1928
Heritage Financial
HFWA
$833M
| $1.9M | ﹤0.01% |
73,600
-27,500
| -27% | -$708K |
|
1929
Independent Bank
INDB
$3.56B
| $1.9M | ﹤0.01% |
26,900
-3,500
| -12% | -$247K |
|
1930
Liberty Latin America Class A
LILA
$1.5B
| $1.89M | ﹤0.01% |
91,437
-8,632
| -9% | -$179K |
|
1931
Boston Beer
SAM
$2.36B
| $1.89M | ﹤0.01% |
11,100
-4,300
| -28% | -$730K |
|
1932
Pathward Financial
CASH
$1.72B
| $1.88M | ﹤0.01% |
54,930
-171,000
| -76% | -$5.86M |
|
1933
Lattice Semiconductor
LSCC
$8.82B
| $1.88M | ﹤0.01% |
256,000
-13,100
| -5% | -$96.4K |
|
1934
Olympic Steel
ZEUS
$368M
| $1.88M | ﹤0.01% |
77,600
| – | – |
|
|
TPCO
1935
DELISTED
Tribune Publishing Company Common Stock
TPCO
| $1.87M | ﹤0.01% |
134,800
+48,200
| +56% | +$669K |
|
1936
Immersion
IMMR
$221M
| $1.86M | ﹤0.01% |
175,200
| – | – |
|
|
CONN
1937
DELISTED
Conn's Inc.
CONN
| $1.86M | ﹤0.01% |
147,200
+24,600
| +20% | +$311K |
|
1938
Spok Holdings
SPOK
$360M
| $1.86M | ﹤0.01% |
89,700
+5,900
| +7% | +$122K |
|
1939
Babcock & Wilcox
BW
$281M
| $1.86M | ﹤0.01% |
11,210
-570
| -5% | -$94.6K |
|
|
CSFL
1940
DELISTED
CenterState Bank Corporation Common Stock
CSFL
| $1.85M | ﹤0.01% |
73,600
-32,700
| -31% | -$823K |
|
|
AMRI
1941
DELISTED
Albany Molecular Research Inc
AMRI
| $1.83M | ﹤0.01% |
97,700
-38,100
| -28% | -$715K |
|
|
DX
1942
Dynex Capital
DX
$1.63B
| $1.83M | ﹤0.01% |
89,433
+3,100
| +4% | +$63.4K |
|
|
CCF
1943
DELISTED
Chase Corporation
CCF
| $1.83M | ﹤0.01% |
21,900
-2,200
| -9% | -$184K |
|
1944
Albany International
AIN
$1.71B
| $1.83M | ﹤0.01% |
39,500
-12,348
| -24% | -$572K |
|
1945
PDF Solutions
PDFS
$765M
| $1.83M | ﹤0.01% |
81,100
+11,200
| +16% | +$253K |
|
1946
Intrepid Potash
IPI
$389M
| $1.83M | ﹤0.01% |
87,840
+22,360
| +34% | +$465K |
|
|
WRD
1947
DELISTED
WildHorse Resource Development
WRD
| $1.83M | ﹤0.01% |
+125,000
| New | +$1.83M |
|
|
MTSC
1948
DELISTED
MTS Systems Corp
MTSC
| $1.81M | ﹤0.01% |
32,000
-4,600
| -13% | -$261K |
|
|
SGY
1949
DELISTED
Stone Energy
SGY
| $1.81M | ﹤0.01% |
44,654
+7,040
| +19% | +$286K |
|
1950
Hannon Armstrong Sustainable Infrastructure Capital
HASI
$3.48B
| $1.81M | ﹤0.01% |
95,400
-40,900
| -30% | -$777K |
|