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 |
Coca-Cola
KO
|
+$198M |
| 2 |
PepsiCo
PEP
|
+$177M |
| 3 |
Procter & Gamble
PG
|
+$156M |
| 4 |
Linde
LIN
|
+$155M |
| 5 |
Alphabet (Google) Class C
GOOG
|
+$152M |
Top Sells
| 1 |
AET
Aetna Inc
AET
|
+$235M |
| 2 |
Alphabet (Google) Class A
GOOGL
|
+$174M |
| 3 |
ESRX
Express Scripts Holding Company
ESRX
|
+$142M |
| 4 |
PX
Praxair Inc
PX
|
+$92.8M |
| 5 |
COL
Rockwell Collins
COL
|
+$81.8M |
Sector Composition
| 1 | Financials | 16.41% |
| 2 | Technology | 16.21% |
| 3 | Healthcare | 14.24% |
| 4 | Consumer Discretionary | 9.86% |
| 5 | Industrials | 9.34% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
1951
Great Southern Bancorp
GSBC
$710M
| $1.44M | ﹤0.01% |
31,299
-1,555
| -5% | -$71.6K |
|
1952
MidCap Financial Investment
MFIC
$1.14B
| $1.44M | ﹤0.01% |
115,999
-67,501
| -37% | -$837K |
|
1953
Hercules Capital
HTGC
$3.48B
| $1.44M | ﹤0.01% |
129,900
+96,400
| +288% | +$1.06M |
|
1954
Golub Capital BDC
GBDC
$3.75B
| $1.43M | ﹤0.01% |
88,752
+60,754
| +217% | +$981K |
|
|
ALX
1955
Alexander's
ALX
$1.24B
| $1.42M | ﹤0.01% |
4,665
-167
| -3% | -$50.9K |
|
|
EXPR
1956
DELISTED
Express, Inc.
EXPR
| $1.42M | ﹤0.01% |
13,907
-723
| -5% | -$73.9K |
|
1957
TriNet
TNET
$3.33B
| $1.42M | ﹤0.01% |
33,860
-1,656
| -5% | -$69.4K |
|
|
ORIT
1958
DELISTED
Oritani Financial Corp. New
ORIT
| $1.42M | ﹤0.01% |
96,086
+947
| +1% | +$14K |
|
|
MCRN
1959
DELISTED
Milacron Holdings Corp.
MCRN
| $1.42M | ﹤0.01% |
119,123
+99,600
| +510% | +$1.18M |
|
|
ILPT
1960
Industrial Logistics Properties Trust
ILPT
$416M
| $1.41M | ﹤0.01% |
71,826
+63,081
| +721% | +$1.24M |
|
1961
StealthGas
GASS
$271M
| $1.41M | ﹤0.01% |
508,900
| – | – |
|
1962
AtriCure
ATRC
$1.72B
| $1.4M | ﹤0.01% |
45,838
+12,865
| +39% | +$394K |
|
1963
Travere Therapeutics
TVTX
$2.05B
| $1.4M | ﹤0.01% |
61,764
-6,330
| -9% | -$143K |
|
|
RCM
1964
DELISTED
R1 RCM Inc. Common Stock
RCM
| $1.4M | ﹤0.01% |
175,799
+50,000
| +40% | +$398K |
|
1965
GDS Holdings
GDS
$7.12B
| $1.4M | ﹤0.01% |
60,439
-20,832
| -26% | -$481K |
|
1966
Ezcorp Inc
EZPW
$1.05B
| $1.39M | ﹤0.01% |
180,330
-6,711
| -4% | -$51.9K |
|
1967
Shoe Carnival
SCVL
$645M
| $1.39M | ﹤0.01% |
83,034
-5,092
| -6% | -$85.3K |
|
|
CARB
1968
DELISTED
Carbonite Inc
CARB
| $1.39M | ﹤0.01% |
55,066
-14,527
| -21% | -$367K |
|
|
ANH
1969
DELISTED
Anworth Mortgage Asset Corporation
ANH
| $1.39M | ﹤0.01% |
343,914
+3,313
| +1% | +$13.4K |
|
1970
uniQure
QURE
$814M
| $1.39M | ﹤0.01% |
48,086
-2,000
| -4% | -$57.6K |
|
1971
Light & Wonder
LNW
$7.59B
| $1.38M | ﹤0.01% |
77,370
-6,600
| -8% | -$118K |
|
|
MNTA
1972
DELISTED
Momenta Pharmaceuticals, Inc.
MNTA
| $1.38M | ﹤0.01% |
125,246
+10,400
| +9% | +$115K |
|
1973
SunCoke Energy
SXC
$669M
| $1.38M | ﹤0.01% |
161,690
-2,332
| -1% | -$19.9K |
|
1974
Cerus
CERS
$230M
| $1.38M | ﹤0.01% |
271,981
+50,300
| +23% | +$255K |
|
|
UHT
1975
Universal Health Realty Income Trust
UHT
$582M
| $1.38M | ﹤0.01% |
22,472
-2,423
| -10% | -$149K |
|