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 |
Alphabet (Google) Class A
GOOGL
|
+$394M |
| 2 |
Amazon
AMZN
|
+$114M |
| 3 |
iShares Core S&P 500 ETF
IVV
|
+$99.1M |
| 4 |
Unilever
UL
|
+$79.5M |
| 5 |
Alibaba
BABA
|
+$77.4M |
Top Sells
| 1 |
Alphabet (Google) Class C
GOOG
|
+$358M |
| 2 |
BCR
CR Bard Inc.
BCR
|
+$61.1M |
| 3 |
Apple
AAPL
|
+$37.6M |
| 4 |
LVLT
Level 3 Communications Inc
LVLT
|
+$32.4M |
| 5 |
BRCD
Brocade Communications Systems, Inc. NEW
BRCD
|
+$17.2M |
Sector Composition
| 1 | Financials | 17.93% |
| 2 | Technology | 15.61% |
| 3 | Healthcare | 12.62% |
| 4 | Industrials | 10.73% |
| 5 | Consumer Discretionary | 10.38% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
1926
Applied Optoelectronics
AAOI
$1.69B
| $2.05M | ﹤0.01% |
54,234
+3,427
| +7% | +$130K |
|
1927
Simmons First National
SFNC
$2.96B
| $2.05M | ﹤0.01% |
71,752
+37,906
| +112% | +$1.08M |
|
|
REV
1928
DELISTED
Revlon, Inc.
REV
| $2.04M | ﹤0.01% |
93,750
+6,417
| +7% | +$140K |
|
1929
Andersons Inc
ANDE
$1.38B
| $2.04M | ﹤0.01% |
65,587
+5,332
| +9% | +$166K |
|
|
APTS
1930
DELISTED
Preferred Apartment Communities, Inc.
APTS
| $2.04M | ﹤0.01% |
100,839
+8,701
| +9% | +$176K |
|
|
HOS
1931
DELISTED
Hornbeck Offshore Services, Inc.
HOS
| $2.04M | ﹤0.01% |
656,630
+23,957
| +4% | +$74.5K |
|
1932
CRA International
CRAI
$1.3B
| $2.04M | ﹤0.01% |
45,367
-1,583
| -3% | -$71.1K |
|
|
LTXB
1933
DELISTED
LegacyTexas Financial Group Inc
LTXB
| $2.03M | ﹤0.01% |
48,176
+2,647
| +6% | +$112K |
|
|
NPKI
1934
NPK International Inc.
NPKI
$889M
| $2.03M | ﹤0.01% |
236,376
-30,330
| -11% | -$261K |
|
|
MITT
1935
AG Mortgage Investment Trust
MITT
$244M
| $2.02M | ﹤0.01% |
35,453
-689
| -2% | -$39.3K |
|
1936
Red Robin
RRGB
$121M
| $2.02M | ﹤0.01% |
35,837
+5,428
| +18% | +$306K |
|
1937
Mercantile Bank Corp
MBWM
$775M
| $2.02M | ﹤0.01% |
57,055
+3,820
| +7% | +$135K |
|
|
FNGN
1938
DELISTED
Financial Engines, Inc.
FNGN
| $2.02M | ﹤0.01% |
66,562
+6,225
| +10% | +$189K |
|
1939
DXP Enterprises
DXPE
$1.85B
| $2.02M | ﹤0.01% |
68,159
+4,791
| +8% | +$142K |
|
|
NOAH
1940
Noah Holdings
NOAH
$781M
| $2.02M | ﹤0.01% |
43,531
+5,653
| +15% | +$262K |
|
1941
Intrepid Potash
IPI
$389M
| $2.01M | ﹤0.01% |
42,296
-13,000
| -24% | -$619K |
|
|
ITG
1942
DELISTED
Investment Technology Group Inc
ITG
| $2.01M | ﹤0.01% |
104,400
| – | – |
|
|
EMES
1943
DELISTED
Emerge Energy Services LP
EMES
| $2.01M | ﹤0.01% |
279,100
| – | – |
|
1944
Ameris Bancorp
ABCB
$5.1B
| $2.01M | ﹤0.01% |
41,624
-3,119
| -7% | -$150K |
|
1945
Diamond Hill
DHIL
$387M
| $2M | ﹤0.01% |
9,697
-652
| -6% | -$135K |
|
1946
FRP Holdings
FRPH
$483M
| $1.99M | ﹤0.01% |
90,000
| – | – |
|
|
PES
1947
DELISTED
Pioneer Energy Services Corp.
PES
| $1.99M | ﹤0.01% |
652,400
| – | – |
|
1948
Boyd Gaming
BYD
$6.79B
| $1.99M | ﹤0.01% |
56,735
-9,955
| -15% | -$349K |
|
1949
Tompkins Financial
TMP
$1B
| $1.98M | ﹤0.01% |
24,368
+838
| +4% | +$68.2K |
|
|
LEAF
1950
DELISTED
Leaf Group Ltd.
LEAF
| $1.98M | ﹤0.01% |
200,040
| – | – |
|