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 |
Fortive
FTV
|
+$29.3M |
| 2 |
Johnson Controls International
JCI
|
+$24.2M |
| 3 |
Procter & Gamble
PG
|
+$21.8M |
| 4 |
INFO
IHS Markit Ltd. Common Shares
INFO
|
+$21.3M |
| 5 |
Dell
DELL
|
+$20.7M |
Top Sells
| 1 |
EMC
EMC CORPORATION
EMC
|
+$132M |
| 2 |
Apple
AAPL
|
+$123M |
| 3 |
Exxon Mobil
XOM
|
+$55.6M |
| 4 |
JPMorgan Chase
JPM
|
+$51M |
| 5 |
Comcast
CMCSA
|
+$50.2M |
Sector Composition
| 1 | Financials | 15.67% |
| 2 | Technology | 14.76% |
| 3 | Healthcare | 13.19% |
| 4 | Industrials | 10.62% |
| 5 | Consumer Discretionary | 9.67% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
1976
CorVel
CRVL
$4.39B
| $1.86M | ﹤0.01% |
144,900
-3,300
| -2% | -$42.2K |
|
1977
Atlantic Union Bankshares
AUB
$5.05B
| $1.85M | ﹤0.01% |
69,100
-7,300
| -10% | -$195K |
|
1978
James River Group
JRVR
$244M
| $1.85M | ﹤0.01% |
51,100
-1,300
| -2% | -$47.1K |
|
1979
Emergent Biosolutions
EBS
$434M
| $1.85M | ﹤0.01% |
58,600
-17,000
| -22% | -$536K |
|
|
ACOR
1980
DELISTED
Acorda Therapeutics, Inc.
ACOR
| $1.85M | ﹤0.01% |
738
-3
| -0.4% | -$7.51K |
|
|
KNL
1981
DELISTED
Knoll, Inc.
KNL
| $1.85M | ﹤0.01% |
80,750
-2,200
| -3% | -$50.3K |
|
1982
Independent Bank Corp
IBCP
$657M
| $1.84M | ﹤0.01% |
109,345
+8,200
| +8% | +$138K |
|
|
CORE
1983
DELISTED
Core Mark Holding Co., Inc.
CORE
| $1.84M | ﹤0.01% |
51,400
+600
| +1% | +$21.5K |
|
1984
PetMed Express
PETS
$57.8M
| $1.84M | ﹤0.01% |
90,500
+10,300
| +13% | +$209K |
|
|
XOXO
1985
DELISTED
Xo Group Inc
XOXO
| $1.83M | ﹤0.01% |
94,900
-4,700
| -5% | -$90.8K |
|
1986
Scorpio Tankers
STNG
$2.99B
| $1.83M | ﹤0.01% |
39,580
-1,130
| -3% | -$52.3K |
|
1987
HealthStream
HSTM
$855M
| $1.83M | ﹤0.01% |
66,300
-4,500
| -6% | -$124K |
|
1988
Quanex
NX
$661M
| $1.83M | ﹤0.01% |
106,000
+4,200
| +4% | +$72.5K |
|
1989
LeMaitre Vascular
LMAT
$2.09B
| $1.82M | ﹤0.01% |
91,747
| – | – |
|
1990
Aspen Aerogels
ASPN
$543M
| $1.82M | ﹤0.01% |
305,000
| – | – |
|
1991
E.W. Scripps
SSP
$257M
| $1.82M | ﹤0.01% |
114,300
-2,100
| -2% | -$33.4K |
|
1992
Heritage Financial
HFWA
$833M
| $1.82M | ﹤0.01% |
101,100
-1,700
| -2% | -$30.5K |
|
|
FPO
1993
DELISTED
First Potomac Realty Trust
FPO
| $1.81M | ﹤0.01% |
198,026
+3,100
| +2% | +$28.4K |
|
1994
ANI Pharmaceuticals
ANIP
$2.12B
| $1.81M | ﹤0.01% |
27,300
-900
| -3% | -$59.7K |
|
1995
WIX.com
WIX
$9.56B
| $1.81M | ﹤0.01% |
41,700
+8,600
| +26% | +$373K |
|
1996
Globant
GLOB
$2.47B
| $1.81M | ﹤0.01% |
42,900
+1,800
| +4% | +$75.8K |
|
1997
Daktronics
DAKT
$1.14B
| $1.81M | ﹤0.01% |
189,200
+17,100
| +10% | +$163K |
|
|
LBAI
1998
DELISTED
Lakeland Bancorp Inc
LBAI
| $1.79M | ﹤0.01% |
127,700
-6,900
| -5% | -$96.9K |
|
1999
Geospace Technologies
GEOS
$209M
| $1.79M | ﹤0.01% |
91,900
+2,900
| +3% | +$56.5K |
|
2000
Rayonier Advanced Materials
RYAM
$421M
| $1.79M | ﹤0.01% |
133,900
+7,000
| +6% | +$93.6K |
|