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 |
Coca-Cola
KO
|
+$95.4M |
| 2 |
PepsiCo
PEP
|
+$73.5M |
| 3 |
Accenture
ACN
|
+$68.9M |
| 4 |
Lockheed Martin
LMT
|
+$66.5M |
| 5 |
Simon Property Group
SPG
|
+$53.6M |
Top Sells
| 1 |
JPMorgan Chase
JPM
|
+$144M |
| 2 |
Apple
AAPL
|
+$100M |
| 3 |
Berkshire Hathaway Class B
BRK.B
|
+$98.3M |
| 4 |
Alphabet (Google) Class A
GOOGL
|
+$91.6M |
| 5 |
Meta Platforms (Facebook)
META
|
+$65.5M |
Sector Composition
| 1 | Technology | 17.51% |
| 2 | Financials | 17.03% |
| 3 | Healthcare | 13.68% |
| 4 | Consumer Discretionary | 10.35% |
| 5 | Industrials | 10.11% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
FARO
1976
DELISTED
Faro Technologies
FARO
| $1.78M | ﹤0.01% |
27,632
-2,100
| -7% | -$135K |
|
|
SBR
1977
Sabine Royalty Trust
SBR
$1.12B
| $1.78M | ﹤0.01% |
42,157
+9,595
| +29% | +$404K |
|
|
CNBKA
1978
DELISTED
Century Bancorp Inc/Mass
CNBKA
| $1.78M | ﹤0.01% |
24,599
| – | – |
|
|
MIME
1979
DELISTED
Mimecast Limited
MIME
| $1.77M | ﹤0.01% |
42,304
+7,246
| +21% | +$304K |
|
1980
Mercury Insurance
MCY
$4.4B
| $1.77M | ﹤0.01% |
35,309
-3,977
| -10% | -$199K |
|
1981
LeMaitre Vascular
LMAT
$2.09B
| $1.77M | ﹤0.01% |
45,639
-3,180
| -7% | -$123K |
|
|
GNC
1982
DELISTED
GNC Holdings, Inc.
GNC
| $1.76M | ﹤0.01% |
424,597
+85,912
| +25% | +$356K |
|
|
MCHB
1983
Mechanics Bancorp Class A Common Stock
MCHB
$3.03B
| $1.76M | ﹤0.01% |
66,276
-4,604
| -6% | -$122K |
|
|
ACOR
1984
DELISTED
Acorda Therapeutics, Inc.
ACOR
| $1.76M | ﹤0.01% |
745
+151
| +25% | +$356K |
|
1985
1-800-Flowers.com
FLWS
$343M
| $1.76M | ﹤0.01% |
148,724
+22,657
| +18% | +$267K |
|
1986
Columbus McKinnon
CMCO
$415M
| $1.75M | ﹤0.01% |
44,371
-2,191
| -5% | -$86.6K |
|
1987
Equitable Holdings
EQH
$16.2B
| $1.75M | ﹤0.01% |
81,710
+265
| +0.3% | +$5.69K |
|
|
NPKI
1988
NPK International Inc.
NPKI
$889M
| $1.75M | ﹤0.01% |
169,286
-17,314
| -9% | -$179K |
|
|
EVRI
1989
DELISTED
Everi Holdings
EVRI
| $1.75M | ﹤0.01% |
190,755
-12,126
| -6% | -$111K |
|
1990
Cactus
WHD
$2.74B
| $1.75M | ﹤0.01% |
45,664
+37,265
| +444% | +$1.43M |
|
|
IMGN
1991
DELISTED
Immunogen Inc
IMGN
| $1.75M | ﹤0.01% |
184,531
+38,229
| +26% | +$362K |
|
1992
American Public Education
APEI
$645M
| $1.73M | ﹤0.01% |
52,461
-2,388
| -4% | -$78.9K |
|
1993
OraSure Technologies
OSUR
$242M
| $1.73M | ﹤0.01% |
112,165
-9,748
| -8% | -$151K |
|
|
HIMX
1994
Himax Technologies
HIMX
$1.44B
| $1.73M | ﹤0.01% |
294,200
-48,178
| -14% | -$283K |
|
|
IHC
1995
DELISTED
Independence Holding Company
IHC
| $1.73M | ﹤0.01% |
48,109
| – | – |
|
1996
DXP Enterprises
DXPE
$1.85B
| $1.73M | ﹤0.01% |
43,084
-5,664
| -12% | -$227K |
|
|
AMAG
1997
DELISTED
AMAG Pharmaceuticals, Inc.
AMAG
| $1.73M | ﹤0.01% |
86,297
-3,955
| -4% | -$79.1K |
|
|
MNR
1998
DELISTED
Monmouth Real Estate Investment Corp
MNR
| $1.72M | ﹤0.01% |
102,854
-9,140
| -8% | -$153K |
|
1999
Civeo
CVEO
$287M
| $1.72M | ﹤0.01% |
34,522
-5,163
| -13% | -$257K |
|
|
CARO
2000
DELISTED
Carolina Financial Corp.
CARO
| $1.72M | ﹤0.01% |
45,568
+15,725
| +53% | +$593K |
|