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
|
+$198M |
| 2 |
PepsiCo
PEP
|
+$177M |
| 3 |
Procter & Gamble
PG
|
+$156M |
| 4 |
Linde
LIN
|
+$155M |
| 5 |
Alphabet (Google) Class C
GOOG
|
+$152M |
Top Sells
| 1 |
AET
Aetna Inc
AET
|
+$235M |
| 2 |
Alphabet (Google) Class A
GOOGL
|
+$174M |
| 3 |
ESRX
Express Scripts Holding Company
ESRX
|
+$142M |
| 4 |
PX
Praxair Inc
PX
|
+$92.8M |
| 5 |
COL
Rockwell Collins
COL
|
+$81.8M |
Sector Composition
| 1 | Financials | 16.41% |
| 2 | Technology | 16.21% |
| 3 | Healthcare | 14.24% |
| 4 | Consumer Discretionary | 9.86% |
| 5 | Industrials | 9.34% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
MIME
1976
DELISTED
Mimecast Limited
MIME
| $1.38M | ﹤0.01% |
41,004
-1,300
| -3% | -$43.7K |
|
1977
Par Pacific Holdings
PARR
$1.7B
| $1.38M | ﹤0.01% |
97,195
-781
| -0.8% | -$11.1K |
|
|
LEAF
1978
DELISTED
Leaf Group Ltd.
LEAF
| $1.37M | ﹤0.01% |
200,040
| – | – |
|
1979
Pathward Financial
CASH
$1.71B
| $1.37M | ﹤0.01% |
70,595
-1,630
| -2% | -$31.6K |
|
|
MGP
1980
DELISTED
MGM Growth Properties LLC Class A common shares representing limited liability company interests
MGP
| $1.37M | ﹤0.01% |
51,846
-3,600
| -6% | -$95.1K |
|
1981
Houlihan Lokey
HLI
$14.3B
| $1.36M | ﹤0.01% |
37,002
-12,667
| -26% | -$466K |
|
|
HOME
1982
DELISTED
At Home Group Inc.
HOME
| $1.36M | ﹤0.01% |
72,847
+65,000
| +828% | +$1.21M |
|
1983
Applied Optoelectronics
AAOI
$1.84B
| $1.36M | ﹤0.01% |
88,000
+29,300
| +50% | +$452K |
|
|
PGTI
1984
DELISTED
PGT, Inc.
PGTI
| $1.36M | ﹤0.01% |
85,674
-20,087
| -19% | -$318K |
|
1985
Gorman-Rupp
GRC
$1.14B
| $1.36M | ﹤0.01% |
41,884
-1,700
| -4% | -$55.1K |
|
1986
Insmed
INSM
$30.3B
| $1.36M | ﹤0.01% |
103,400
-23,300
| -18% | -$306K |
|
1987
United Natural Foods
UNFI
$1.7B
| $1.36M | ﹤0.01% |
128,098
-147
| -0.1% | -$1.56K |
|
1988
Napco Security Technologies
NSSC
$1.56B
| $1.36M | ﹤0.01% |
172,120
| – | – |
|
|
SRCI
1989
DELISTED
SRC Energy Inc
SRCI
| $1.36M | ﹤0.01% |
288,331
-24,800
| -8% | -$117K |
|
1990
NeoGenomics
NEO
$1.04B
| $1.35M | ﹤0.01% |
107,244
-12,586
| -11% | -$159K |
|
|
RESI
1991
DELISTED
Front Yard Residential Corporation Common Stock
RESI
| $1.35M | ﹤0.01% |
154,640
+5,094
| +3% | +$44.5K |
|
1992
Rocky Brands
RCKY
$222M
| $1.35M | ﹤0.01% |
51,840
| – | – |
|
1993
Northrim BanCorp
NRIM
$500M
| $1.35M | ﹤0.01% |
40,943
| – | – |
|
|
CVRR
1994
DELISTED
CVR Refining, LP
CVRR
| $1.35M | ﹤0.01% |
129,086
-481
| -0.4% | -$5.02K |
|
1995
Arrow Financial
AROW
$479M
| $1.34M | ﹤0.01% |
48,582
-1,015
| -2% | -$28K |
|
1996
ATN International
ATNI
$238M
| $1.34M | ﹤0.01% |
18,729
-2,673
| -12% | -$191K |
|
1997
Encore Capital Group
ECPG
$1.03B
| $1.34M | ﹤0.01% |
56,962
+2,392
| +4% | +$56.2K |
|
1998
Utah Medical Products
UTMD
$200M
| $1.34M | ﹤0.01% |
16,112
-803
| -5% | -$66.7K |
|
|
TIER
1999
DELISTED
TIER REIT, Inc.
TIER
| $1.34M | ﹤0.01% |
64,816
-5,483
| -8% | -$113K |
|
|
QUOT
2000
DELISTED
Quotient Technology Inc
QUOT
| $1.33M | ﹤0.01% |
124,759
-10,800
| -8% | -$115K |
|