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 |
AT&T
T
|
+$179M |
| 2 |
Alphabet (Google) Class C
GOOG
|
+$146M |
| 3 |
PepsiCo
PEP
|
+$65.1M |
| 4 |
Coca-Cola
KO
|
+$62.7M |
| 5 |
Pfizer
PFE
|
+$54.5M |
Top Sells
| 1 |
Alphabet (Google) Class A
GOOGL
|
+$279M |
| 2 |
TWX
Time Warner Inc
TWX
|
+$178M |
| 3 |
Apple
AAPL
|
+$164M |
| 4 |
Microsoft
MSFT
|
+$135M |
| 5 |
Amazon
AMZN
|
+$134M |
Sector Composition
| 1 | Financials | 17.85% |
| 2 | Technology | 16.79% |
| 3 | Healthcare | 13.11% |
| 4 | Consumer Discretionary | 10.49% |
| 5 | Industrials | 10.12% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
1926
Adtran
ADTN
$809M
| $1.91M | ﹤0.01% |
128,390
-47,060
| -27% | -$699K |
|
|
QUOT
1927
DELISTED
Quotient Technology Inc
QUOT
| $1.91M | ﹤0.01% |
145,459
-11,241
| -7% | -$147K |
|
1928
Carriage Services
CSV
$670M
| $1.9M | ﹤0.01% |
77,392
-50,204
| -39% | -$1.23M |
|
1929
Tucows
TCX
$204M
| $1.89M | ﹤0.01% |
31,234
-9,737
| -24% | -$590K |
|
|
KNL
1930
DELISTED
Knoll, Inc.
KNL
| $1.89M | ﹤0.01% |
90,817
+21,820
| +32% | +$454K |
|
1931
NVE Corp
NVEC
$328M
| $1.89M | ﹤0.01% |
15,477
-623
| -4% | -$75.9K |
|
1932
Titan International
TWI
$552M
| $1.89M | ﹤0.01% |
175,719
-28,281
| -14% | -$303K |
|
1933
Team
TISI
$81.8M
| $1.88M | ﹤0.01% |
8,152
-1,743
| -18% | -$403K |
|
1934
Ascendis Pharma
ASND
$11.8B
| $1.88M | ﹤0.01% |
28,281
-15,974
| -36% | -$1.06M |
|
1935
Preferred Bank
PFBC
$1.16B
| $1.88M | ﹤0.01% |
30,606
-594
| -2% | -$36.5K |
|
|
CNBKA
1936
DELISTED
Century Bancorp Inc/Mass
CNBKA
| $1.88M | ﹤0.01% |
24,599
+747
| +3% | +$57.1K |
|
|
RDUS
1937
DELISTED
Radius Health, Inc.
RDUS
| $1.88M | ﹤0.01% |
63,700
-7,200
| -10% | -$212K |
|
|
SIGM
1938
DELISTED
Sigma Designs Inc
SIGM
| $1.88M | ﹤0.01% |
307,746
+9,446
| +3% | +$57.6K |
|
1939
Diamond Hill
DHIL
$387M
| $1.87M | ﹤0.01% |
9,597
-100
| -1% | -$19.4K |
|
1940
Alamo Group
ALG
$2.49B
| $1.86M | ﹤0.01% |
20,630
-3,294
| -14% | -$298K |
|
|
RRD
1941
DELISTED
RR Donnelley & Sons Co.
RRD
| $1.86M | ﹤0.01% |
323,629
-187,140
| -37% | -$1.08M |
|
1942
Dave & Buster's
PLAY
$817M
| $1.86M | ﹤0.01% |
39,140
-1,281
| -3% | -$61K |
|
1943
DXP Enterprises
DXPE
$1.85B
| $1.86M | ﹤0.01% |
48,748
-11,718
| -19% | -$448K |
|
1944
Haverty Furniture Companies
HVT
$371M
| $1.86M | ﹤0.01% |
86,171
-13,149
| -13% | -$284K |
|
|
NBLX
1945
DELISTED
Noble Midstream Partners LP
NBLX
| $1.86M | ﹤0.01% |
36,370
+670
| +2% | +$34.2K |
|
1946
Ingersoll Rand
IR
$31.3B
| $1.86M | ﹤0.01% |
63,104
+11,904
| +23% | +$350K |
|
|
MNR
1947
DELISTED
Monmouth Real Estate Investment Corp
MNR
| $1.85M | ﹤0.01% |
111,994
-7,311
| -6% | -$121K |
|
1948
Xencor
XNCR
$613M
| $1.83M | ﹤0.01% |
+49,491
| New | +$1.83M |
|
|
FMI
1949
DELISTED
Foundation Medicine, Inc.
FMI
| $1.83M | ﹤0.01% |
13,391
+6,884
| +106% | +$941K |
|
1950
Planet Fitness
PLNT
$8.54B
| $1.83M | ﹤0.01% |
41,612
+9,532
| +30% | +$419K |
|