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 |
ATH
Athene Holding Ltd. Class A Common Shares
ATH
|
+$69.3M |
| 2 |
Alphabet (Google) Class C
GOOG
|
+$60.2M |
| 3 |
DXC Technology
DXC
|
+$49.4M |
| 4 |
Berkshire Hathaway Class B
BRK.B
|
+$47.5M |
| 5 |
Amazon
AMZN
|
+$46.9M |
Top Sells
| 1 |
YHOO
Yahoo Inc
YHOO
|
+$170M |
| 2 |
Zoetis
ZTS
|
+$75.8M |
| 3 |
Yum! Brands
YUM
|
+$69M |
| 4 |
Wells Fargo
WFC
|
+$49.2M |
| 5 |
Zimmer Biomet
ZBH
|
+$44.4M |
Sector Composition
| 1 | Financials | 17.92% |
| 2 | Technology | 15.12% |
| 3 | Healthcare | 13.25% |
| 4 | Industrials | 10.83% |
| 5 | Consumer Discretionary | 10.03% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
AXAS
1951
DELISTED
Abraxas Petroleum Corporation
AXAS
| $1.73M | ﹤0.01% |
53,380
| – | – |
|
|
TTPH
1952
DELISTED
Tetraphase Pharmaceuticals, Inc.
TTPH
| $1.73M | ﹤0.01% |
12,110
+240
| +2% | +$34.2K |
|
|
GBNK
1953
DELISTED
Guaranty Bancorp
GBNK
| $1.71M | ﹤0.01% |
62,700
| – | – |
|
1954
Camden National
CAC
$684M
| $1.7M | ﹤0.01% |
39,600
+3,600
| +10% | +$154K |
|
1955
Apogee Enterprises
APOG
$903M
| $1.69M | ﹤0.01% |
29,800
-800
| -3% | -$45.5K |
|
|
USDP
1956
DELISTED
USD PARTNERS LP
USDP
| $1.69M | ﹤0.01% |
150,000
| – | – |
|
1957
Vishay Precision Group
VPG
$416M
| $1.69M | ﹤0.01% |
97,500
-6,200
| -6% | -$107K |
|
1958
Emergent Biosolutions
EBS
$434M
| $1.68M | ﹤0.01% |
49,500
+3,700
| +8% | +$126K |
|
1959
National Bank Holdings
NBHC
$1.46B
| $1.68M | ﹤0.01% |
50,700
-8,600
| -15% | -$285K |
|
|
MNR
1960
DELISTED
Monmouth Real Estate Investment Corp
MNR
| $1.68M | ﹤0.01% |
111,500
-36,600
| -25% | -$551K |
|
1961
HCI Group
HCI
$2.34B
| $1.68M | ﹤0.01% |
35,700
+2,900
| +9% | +$136K |
|
1962
Supernus Pharmaceuticals
SUPN
$2.55B
| $1.68M | ﹤0.01% |
38,900
| – | – |
|
|
BITA
1963
DELISTED
Bitauto Holdings Limited
BITA
| $1.68M | ﹤0.01% |
58,300
+1,300
| +2% | +$37.4K |
|
1964
Alpha and Omega Semiconductor
AOSL
$853M
| $1.67M | ﹤0.01% |
100,300
-13,600
| -12% | -$227K |
|
|
BNCL
1965
DELISTED
Beneficial Bancorp, Inc.
BNCL
| $1.67M | ﹤0.01% |
111,496
+4,900
| +5% | +$73.5K |
|
|
WSTC
1966
DELISTED
West Corporation
WSTC
| $1.67M | ﹤0.01% |
71,700
-22,800
| -24% | -$532K |
|
1967
Alamo Group
ALG
$2.49B
| $1.67M | ﹤0.01% |
18,400
-400
| -2% | -$36.3K |
|
1968
Lattice Semiconductor
LSCC
$8.82B
| $1.67M | ﹤0.01% |
250,800
+5,400
| +2% | +$36K |
|
1969
A10 Networks
ATEN
$1.26B
| $1.67M | ﹤0.01% |
197,700
| – | – |
|
1970
Innospec
IOSP
$2.05B
| $1.67M | ﹤0.01% |
25,400
+3,600
| +17% | +$236K |
|
1971
StealthGas
GASS
$271M
| $1.65M | ﹤0.01% |
508,900
| – | – |
|
1972
BlackRock TCP Capital
TCPC
$605M
| $1.65M | ﹤0.01% |
97,800
+14,400
| +17% | +$243K |
|
1973
1st Source
SRCE
$1.55B
| $1.65M | ﹤0.01% |
34,465
-5,400
| -14% | -$259K |
|
1974
UFP Industries
UFPI
$5.78B
| $1.65M | ﹤0.01% |
56,700
-2,400
| -4% | -$69.8K |
|
|
NTP
1975
DELISTED
Nam Tai Property Inc.
NTP
| $1.65M | ﹤0.01% |
206,016
| – | – |
|