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 |
Alphabet (Google) Class A
GOOGL
|
+$394M |
| 2 |
Amazon
AMZN
|
+$114M |
| 3 |
iShares Core S&P 500 ETF
IVV
|
+$99.1M |
| 4 |
Unilever
UL
|
+$79.5M |
| 5 |
Alibaba
BABA
|
+$77.4M |
Top Sells
| 1 |
Alphabet (Google) Class C
GOOG
|
+$358M |
| 2 |
BCR
CR Bard Inc.
BCR
|
+$61.1M |
| 3 |
Apple
AAPL
|
+$37.6M |
| 4 |
LVLT
Level 3 Communications Inc
LVLT
|
+$32.4M |
| 5 |
BRCD
Brocade Communications Systems, Inc. NEW
BRCD
|
+$17.2M |
Sector Composition
| 1 | Financials | 17.93% |
| 2 | Technology | 15.61% |
| 3 | Healthcare | 12.62% |
| 4 | Industrials | 10.73% |
| 5 | Consumer Discretionary | 10.38% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
1976
ArcBest
ARCB
$1.6B
| $1.87M | ﹤0.01% |
52,387
+8,601
| +20% | +$308K |
|
|
CNBKA
1977
DELISTED
Century Bancorp Inc/Mass
CNBKA
| $1.87M | ﹤0.01% |
23,852
| – | – |
|
|
GTS
1978
DELISTED
Triple-S Management Corporation
GTS
| $1.86M | ﹤0.01% |
78,810
+3,984
| +5% | +$94.2K |
|
|
TBHC
1979
The Brand House Collective, Inc. Common Stock
TBHC
$53.2M
| $1.86M | ﹤0.01% |
155,286
+10,723
| +7% | +$128K |
|
|
BZUN
1980
Baozun
BZUN
$276M
| $1.85M | ﹤0.01% |
58,719
+4,083
| +7% | +$129K |
|
|
CARO
1981
DELISTED
Carolina Financial Corp.
CARO
| $1.85M | ﹤0.01% |
49,834
+18,199
| +58% | +$676K |
|
|
CCC
1982
DELISTED
Calgon Carbon Corp
CCC
| $1.85M | ﹤0.01% |
86,768
+2,300
| +3% | +$49K |
|
|
LCI
1983
DELISTED
Lannett Company, Inc.
LCI
| $1.84M | ﹤0.01% |
19,873
-414
| -2% | -$38.4K |
|
1984
Columbus McKinnon
CMCO
$415M
| $1.84M | ﹤0.01% |
46,100
+1,000
| +2% | +$40K |
|
|
PFC
1985
DELISTED
Premier Financial Corp. Common Stock
PFC
| $1.84M | ﹤0.01% |
70,704
-2,674
| -4% | -$69.5K |
|
|
ENZY
1986
DELISTED
Enzymotec Ltd
ENZY
| $1.84M | ﹤0.01% |
154,900
| – | – |
|
|
USCR
1987
DELISTED
U S Concrete, Inc.
USCR
| $1.83M | ﹤0.01% |
21,877
+700
| +3% | +$58.6K |
|
|
AVX
1988
DELISTED
AVX Corporation
AVX
| $1.83M | ﹤0.01% |
105,565
+2,100
| +2% | +$36.3K |
|
|
INFN
1989
DELISTED
Infinera Corporation Common Stock
INFN
| $1.82M | ﹤0.01% |
288,000
+6,300
| +2% | +$39.9K |
|
|
NM
1990
DELISTED
Navios Maritime Holdings Inc.
NM
| $1.82M | ﹤0.01% |
151,892
-5,428
| -3% | -$65.1K |
|
|
CGI
1991
DELISTED
Celadon Group Inc
CGI
| $1.82M | ﹤0.01% |
284,648
+26,639
| +10% | +$171K |
|
1992
AeroVironment
AVAV
$12.1B
| $1.82M | ﹤0.01% |
32,400
-8,903
| -22% | -$500K |
|
|
INN
1993
Summit Hotel Properties
INN
$623M
| $1.82M | ﹤0.01% |
119,433
+1,440
| +1% | +$21.9K |
|
1994
ESCO Technologies
ESE
$5.38B
| $1.82M | ﹤0.01% |
30,152
-8,961
| -23% | -$540K |
|
1995
TTEC Holdings
TTEC
$173M
| $1.82M | ﹤0.01% |
45,128
-12,563
| -22% | -$506K |
|
1996
Onto Innovation
ONTO
$5.44B
| $1.81M | ﹤0.01% |
72,700
| – | – |
|
|
XCRA
1997
DELISTED
Xcerra Corporation
XCRA
| $1.81M | ﹤0.01% |
185,019
-28,742
| -13% | -$281K |
|
1998
Rush Enterprises Class A
RUSHA
$4.33B
| $1.81M | ﹤0.01% |
80,156
-8,235
| -9% | -$186K |
|
1999
Astec Industries
ASTE
$1.06B
| $1.81M | ﹤0.01% |
30,898
+900
| +3% | +$52.7K |
|
|
USAK
2000
DELISTED
USA Truck Inc
USAK
| $1.8M | ﹤0.01% |
99,505
+10,689
| +12% | +$194K |
|