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 |
ATVI
Activision Blizzard Inc.
ATVI
|
+$217M |
| 2 |
T-Mobile US
TMUS
|
+$208M |
| 3 |
Electronic Arts
EA
|
+$208M |
| 4 |
Amazon
AMZN
|
+$205M |
| 5 |
Microsoft
MSFT
|
+$193M |
Top Sells
| 1 |
Realty Income
O
|
+$110M |
| 2 |
Healthpeak Properties
DOC
|
+$86.3M |
| 3 |
Hartford Financial Services
HIG
|
+$63.5M |
| 4 |
Annaly Capital Management
NLY
|
+$62.7M |
| 5 |
W.P. Carey
WPC
|
+$51.3M |
Sector Composition
| 1 | Technology | 21.87% |
| 2 | Healthcare | 14.17% |
| 3 | Financials | 12.05% |
| 4 | Consumer Discretionary | 11.93% |
| 5 | Communication Services | 8.99% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
1976
Amphastar Pharmaceuticals
AMPH
$1.3B
| $1.54M | ﹤0.01% |
82,336
+3,900
| +5% | +$73.1K |
|
1977
St. Joe Company
JOE
$3.01B
| $1.54M | ﹤0.01% |
74,756
+2,000
| +3% | +$41.3K |
|
1978
Theravance Biopharma
TBPH
$720M
| $1.54M | ﹤0.01% |
104,209
+1,146
| +1% | +$16.9K |
|
|
ECHO
1979
DELISTED
Echo Global Logistics, Inc.
ECHO
| $1.54M | ﹤0.01% |
59,768
+2,072
| +4% | +$53.4K |
|
1980
Core Laboratories
CLB
$581M
| $1.54M | ﹤0.01% |
100,872
+2,700
| +3% | +$41.2K |
|
|
EVRI
1981
DELISTED
Everi Holdings
EVRI
| $1.54M | ﹤0.01% |
186,270
+6,100
| +3% | +$50.3K |
|
1982
Oxford Industries
OXM
$701M
| $1.54M | ﹤0.01% |
38,054
+1,132
| +3% | +$45.7K |
|
1983
American Axle
AXL
$697M
| $1.53M | ﹤0.01% |
265,312
+9,098
| +4% | +$52.5K |
|
1984
DLH Holdings
DLHC
$79.1M
| $1.53M | ﹤0.01% |
210,554
| – | – |
|
1985
Skillsoft
SKIL
$108M
| $1.53M | ﹤0.01% |
7,230
+1,440
| +25% | +$304K |
|
|
HIBB
1986
DELISTED
Hibbett, Inc. Common Stock
HIBB
| $1.53M | ﹤0.01% |
38,882
+1,110
| +3% | +$43.5K |
|
1987
Dave & Buster's
PLAY
$817M
| $1.51M | ﹤0.01% |
99,843
-2,906
| -3% | -$44.1K |
|
1988
Rhythm Pharmaceuticals
RYTM
$6.39B
| $1.51M | ﹤0.01% |
69,800
+1,800
| +3% | +$39K |
|
|
SHYF
1989
DELISTED
The Shyft Group
SHYF
| $1.51M | ﹤0.01% |
80,096
+2,600
| +3% | +$49.1K |
|
1990
German American Bancorp
GABC
$1.53B
| $1.51M | ﹤0.01% |
55,683
+1,300
| +2% | +$35.3K |
|
1991
John B. Sanfilippo & Son
JBSS
$737M
| $1.5M | ﹤0.01% |
19,958
+500
| +3% | +$37.7K |
|
1992
Interparfums
IPAR
$3.43B
| $1.5M | ﹤0.01% |
40,234
+900
| +2% | +$33.6K |
|
1993
National Research Corp
NRC
$369M
| $1.5M | ﹤0.01% |
30,543
+11
| +0% | +$541 |
|
1994
Wabash National
WNC
$457M
| $1.5M | ﹤0.01% |
125,585
+5,055
| +4% | +$60.5K |
|
1995
Heritage Financial
HFWA
$833M
| $1.5M | ﹤0.01% |
81,579
+1,900
| +2% | +$34.9K |
|
1996
Unisys
UIS
$282M
| $1.5M | ﹤0.01% |
140,367
+3,500
| +3% | +$37.4K |
|
|
NP
1997
DELISTED
Neenah, Inc. Common Stock
NP
| $1.49M | ﹤0.01% |
39,855
+2,790
| +8% | +$105K |
|
1998
Clearwater Paper
CLW
$344M
| $1.49M | ﹤0.01% |
39,316
+1,837
| +5% | +$69.7K |
|
1999
Photronics
PLAB
$1.33B
| $1.49M | ﹤0.01% |
149,177
+2,997
| +2% | +$29.9K |
|
|
SDC
2000
DELISTED
SmileDirectClub, Inc. Class A Common Stock
SDC
| $1.49M | ﹤0.01% |
127,100
+9,800
| +8% | +$115K |
|