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 |
DuPont de Nemours
DD
|
+$176M |
| 2 |
Microsoft
MSFT
|
+$97.3M |
| 3 |
Apple
AAPL
|
+$66.4M |
| 4 |
Meta Platforms (Facebook)
META
|
+$61.7M |
| 5 |
Alphabet (Google) Class C
GOOG
|
+$59.5M |
Top Sells
| 1 |
DD
Du Pont De Nemours E I
DD
|
+$173M |
| 2 |
BHI
Baker Hughes
BHI
|
+$56.5M |
| 3 |
Synchrony
SYF
|
+$40.3M |
| 4 |
Alibaba
BABA
|
+$38.7M |
| 5 |
AABA
Altaba Inc. Common Stock
AABA
|
+$35.1M |
Sector Composition
| 1 | Financials | 17.96% |
| 2 | Technology | 15.59% |
| 3 | Healthcare | 13.08% |
| 4 | Industrials | 10.91% |
| 5 | Consumer Discretionary | 9.81% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
NCI
1976
DELISTED
Navigant Consulting, Inc.
NCI
| $1.81M | ﹤0.01% |
106,800
-5,300
| -5% | -$89.7K |
|
1977
Kinsale Capital Group
KNSL
$10.1B
| $1.81M | ﹤0.01% |
41,800
| – | – |
|
|
TERP
1978
DELISTED
TerraForm Power, Inc
TERP
| $1.81M | ﹤0.01% |
136,563
+1,263
| +0.9% | +$16.7K |
|
1979
Park-Ohio Holdings
PKOH
$309M
| $1.8M | ﹤0.01% |
39,470
+3,370
| +9% | +$154K |
|
|
LMNX
1980
DELISTED
Luminex Corp
LMNX
| $1.8M | ﹤0.01% |
88,292
-708
| -0.8% | -$14.4K |
|
|
BZUN
1981
Baozun
BZUN
$276M
| $1.79M | ﹤0.01% |
54,636
+36,336
| +199% | +$1.19M |
|
1982
Taylor Morrison
TMHC
$6.88B
| $1.78M | ﹤0.01% |
80,843
+4,943
| +7% | +$109K |
|
|
ENZY
1983
DELISTED
Enzymotec Ltd
ENZY
| $1.77M | ﹤0.01% |
154,900
| – | – |
|
1984
QuinStreet
QNST
$930M
| $1.77M | ﹤0.01% |
240,500
| – | – |
|
|
HIBB
1985
DELISTED
Hibbett, Inc. Common Stock
HIBB
| $1.76M | ﹤0.01% |
123,591
+28,691
| +30% | +$409K |
|
|
MGP
1986
DELISTED
MGM Growth Properties LLC Class A common shares representing limited liability company interests
MGP
| $1.76M | ﹤0.01% |
58,193
+14,293
| +33% | +$432K |
|
1987
Cohen & Steers
CNS
$3.65B
| $1.76M | ﹤0.01% |
44,432
+4,732
| +12% | +$187K |
|
1988
Diodes
DIOD
$2.44B
| $1.75M | ﹤0.01% |
58,508
+3,108
| +6% | +$93K |
|
1989
Kadant
KAI
$3.69B
| $1.74M | ﹤0.01% |
17,674
+374
| +2% | +$36.9K |
|
|
CGI
1990
DELISTED
Celadon Group Inc
CGI
| $1.74M | ﹤0.01% |
258,009
+50,009
| +24% | +$338K |
|
|
APTS
1991
DELISTED
Preferred Apartment Communities, Inc.
APTS
| $1.74M | ﹤0.01% |
92,138
+34,438
| +60% | +$650K |
|
1992
Boyd Gaming
BYD
$6.79B
| $1.74M | ﹤0.01% |
66,690
+2,390
| +4% | +$62.3K |
|
1993
Northrim BanCorp
NRIM
$504M
| $1.74M | ﹤0.01% |
49,674
-4,394
| -8% | -$154K |
|
|
CTRL
1994
DELISTED
Control4 Corporation
CTRL
| $1.73M | ﹤0.01% |
58,741
+3,041
| +5% | +$89.6K |
|
1995
Movado Group
MOV
$438M
| $1.73M | ﹤0.01% |
61,704
+2,604
| +4% | +$72.9K |
|
1996
Pathward Financial
CASH
$1.72B
| $1.73M | ﹤0.01% |
66,072
+13,242
| +25% | +$346K |
|
1997
Cooper-Standard Automotive
CPS
$667M
| $1.72M | ﹤0.01% |
14,865
+565
| +4% | +$65.5K |
|
1998
1st Source
SRCE
$1.55B
| $1.72M | ﹤0.01% |
33,915
-550
| -2% | -$27.9K |
|
1999
Sangamo Therapeutics
SGMO
$152M
| $1.72M | ﹤0.01% |
114,300
| – | – |
|
2000
Columbus McKinnon
CMCO
$415M
| $1.71M | ﹤0.01% |
45,100
-2,100
| -4% | -$79.5K |
|