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 |
Coty
COTY
|
+$42M |
| 2 |
Yum China
YUMC
|
+$22.3M |
| 3 |
Howmet Aerospace
HWM
|
+$19M |
| 4 |
Adient
ADNT
|
+$11.5M |
| 5 |
Lamb Weston
LW
|
+$10.4M |
Top Sells
| 1 |
Apple
AAPL
|
+$99.5M |
| 2 |
Synchrony
SYF
|
+$72.8M |
| 3 |
Microsoft
MSFT
|
+$68.4M |
| 4 |
JPMorgan Chase
JPM
|
+$63.7M |
| 5 |
Exxon Mobil
XOM
|
+$52.3M |
Sector Composition
| 1 | Financials | 17.68% |
| 2 | Technology | 14.39% |
| 3 | Healthcare | 12.29% |
| 4 | Industrials | 11.04% |
| 5 | Consumer Discretionary | 9.22% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
1976
Washington Trust Bancorp
WASH
$573M
| $1.76M | ﹤0.01% |
31,400
-1,700
| -5% | -$95.3K |
|
1977
Green Dot
GDOT
$751M
| $1.76M | ﹤0.01% |
74,700
+2,300
| +3% | +$54.2K |
|
|
MGI
1978
DELISTED
MoneyGram International, Inc. New
MGI
| $1.76M | ﹤0.01% |
148,900
-7,200
| -5% | -$85.1K |
|
|
MODV
1979
DELISTED
ModivCare
MODV
| $1.76M | ﹤0.01% |
46,200
-16,800
| -27% | -$639K |
|
1980
First Community Bankshares
FCBC
$680M
| $1.76M | ﹤0.01% |
58,300
-18,200
| -24% | -$548K |
|
|
BNCL
1981
DELISTED
Beneficial Bancorp, Inc.
BNCL
| $1.76M | ﹤0.01% |
95,396
-5,200
| -5% | -$95.7K |
|
1982
Northrim BanCorp
NRIM
$504M
| $1.75M | ﹤0.01% |
55,468
+1,100
| +2% | +$34.8K |
|
|
UHT
1983
Universal Health Realty Income Trust
UHT
$575M
| $1.75M | ﹤0.01% |
26,655
-5,700
| -18% | -$374K |
|
1984
Safety Insurance
SAFT
$1.1B
| $1.75M | ﹤0.01% |
23,700
-2,700
| -10% | -$199K |
|
1985
RH
RH
$4.08B
| $1.74M | ﹤0.01% |
56,800
-2,900
| -5% | -$89K |
|
|
EPAY
1986
DELISTED
Bottomline Technologies Inc
EPAY
| $1.74M | ﹤0.01% |
69,700
-3,500
| -5% | -$87.6K |
|
1987
Arrow Financial
AROW
$478M
| $1.73M | ﹤0.01% |
52,664
-4,676
| -8% | -$154K |
|
|
INN
1988
Summit Hotel Properties
INN
$623M
| $1.73M | ﹤0.01% |
108,000
-49,810
| -32% | -$798K |
|
|
AJRD
1989
DELISTED
Aerojet Rocketdyne Holdings, Inc.
AJRD
| $1.73M | ﹤0.01% |
96,300
-35,500
| -27% | -$637K |
|
1990
Great Southern Bancorp
GSBC
$710M
| $1.73M | ﹤0.01% |
31,600
+700
| +2% | +$38.3K |
|
1991
Lexicon Pharmaceuticals
LXRX
$418M
| $1.73M | ﹤0.01% |
124,856
| – | – |
|
1992
First Financial Corporation Common Stock
THFF
$691M
| $1.73M | ﹤0.01% |
32,700
-1,300
| -4% | -$68.7K |
|
1993
Ultra Clean Holdings
UCTT
$1.14B
| $1.72M | ﹤0.01% |
177,100
+27,400
| +18% | +$266K |
|
1994
A10 Networks
ATEN
$1.26B
| $1.71M | ﹤0.01% |
206,300
-10,500
| -5% | -$87.2K |
|
1995
Canadian Solar
CSIQ
$729M
| $1.71M | ﹤0.01% |
140,700
-4,600
| -3% | -$56K |
|
1996
Powell Industries
POWL
$3.47B
| $1.71M | ﹤0.01% |
43,900
-5,400
| -11% | -$211K |
|
|
AHH
1997
Armada Hoffler Properties
AHH
$596M
| $1.71M | ﹤0.01% |
117,400
-9,600
| -8% | -$140K |
|
|
HTO
1998
H2O America Common Stock
HTO
$1.75B
| $1.71M | ﹤0.01% |
30,500
+3,100
| +11% | +$173K |
|
|
LCI
1999
DELISTED
Lannett Company, Inc.
LCI
| $1.7M | ﹤0.01% |
19,300
-1,575
| -8% | -$139K |
|
|
LHCG
2000
DELISTED
LHC Group LLC
LHCG
| $1.7M | ﹤0.01% |
37,200
-1,800
| -5% | -$82.3K |
|