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 | |
|---|---|---|---|---|---|---|
|
RPT
1976
DELISTED
RPT Realty Common Shares of Beneficial Interest (MD)
RPT
| $1.65M | ﹤0.01% |
127,513
+1,900
| +2% | +$24.5K |
|
1977
Northrim BanCorp
NRIM
$504M
| $1.64M | ﹤0.01% |
54,068
-3,600
| -6% | -$109K |
|
|
AVX
1978
DELISTED
AVX Corporation
AVX
| $1.64M | ﹤0.01% |
100,400
-1,000
| -1% | -$16.3K |
|
|
CRR
1979
DELISTED
Carbo Ceramics Inc.
CRR
| $1.64M | ﹤0.01% |
239,300
-22,000
| -8% | -$151K |
|
1980
Intrepid Potash
IPI
$389M
| $1.64M | ﹤0.01% |
72,430
-25,020
| -26% | -$565K |
|
|
TPCO
1981
DELISTED
Tribune Publishing Company Common Stock
TPCO
| $1.63M | ﹤0.01% |
126,800
-32,600
| -20% | -$420K |
|
1982
Varonis Systems
VRNS
$6.3B
| $1.63M | ﹤0.01% |
131,400
| – | – |
|
|
UPL
1983
DELISTED
Ultra Petroleum Corp. Common Stock
UPL
| $1.63M | ﹤0.01% |
+150,119
| New | +$1.63M |
|
1984
Pacific Biosciences
PACB
$351M
| $1.63M | ﹤0.01% |
457,400
+249,900
| +120% | +$889K |
|
|
EEQ
1985
DELISTED
Enbridge Energy Management Llc
EEQ
| $1.63M | ﹤0.01% |
121,644
-923
| -0.8% | -$12.4K |
|
1986
Peoples Bancorp
PEBO
$1.08B
| $1.63M | ﹤0.01% |
50,600
-5,500
| -10% | -$177K |
|
|
TERP
1987
DELISTED
TerraForm Power, Inc
TERP
| $1.62M | ﹤0.01% |
135,300
| – | – |
|
1988
Option Care Health
OPCH
$4.62B
| $1.62M | ﹤0.01% |
149,050
-16,875
| -10% | -$183K |
|
1989
Cohen & Steers
CNS
$3.65B
| $1.61M | ﹤0.01% |
39,700
+4,800
| +14% | +$195K |
|
1990
James River Group
JRVR
$244M
| $1.61M | ﹤0.01% |
40,500
-11,200
| -22% | -$445K |
|
1991
WIX.com
WIX
$9.56B
| $1.61M | ﹤0.01% |
23,100
| – | – |
|
|
COBZ
1992
DELISTED
CoBiz Financial,Inc
COBZ
| $1.6M | ﹤0.01% |
92,200
+3,700
| +4% | +$64.4K |
|
|
LTXB
1993
DELISTED
LegacyTexas Financial Group Inc
LTXB
| $1.6M | ﹤0.01% |
42,000
-6,400
| -13% | -$244K |
|
|
KEM
1994
DELISTED
KEMET Corporation
KEM
| $1.6M | ﹤0.01% |
125,100
+35,000
| +39% | +$448K |
|
1995
HealthStream
HSTM
$855M
| $1.6M | ﹤0.01% |
60,700
+2,500
| +4% | +$65.8K |
|
1996
Boyd Gaming
BYD
$6.79B
| $1.6M | ﹤0.01% |
64,300
-7,800
| -11% | -$193K |
|
1997
PROS Holdings
PRO
$699M
| $1.59M | ﹤0.01% |
58,200
| – | – |
|
|
LXFT
1998
DELISTED
Luxoft Holding, Inc.
LXFT
| $1.59M | ﹤0.01% |
26,200
+1,700
| +7% | +$103K |
|
1999
Mercantile Bank Corp
MBWM
$775M
| $1.59M | ﹤0.01% |
50,600
+2,900
| +6% | +$91.3K |
|
|
LGF.A
2000
DELISTED
Lions Gate Entertainment Corp. Class A Voting Shares
LGF.A
| $1.59M | ﹤0.01% |
56,450
| – | – |
|