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 |
Chubb
CB
|
+$44.4M |
| 2 |
Broadcom
AVGO
|
+$40.5M |
| 3 |
Chevron
CVX
|
+$28.4M |
| 4 |
Weyerhaeuser
WY
|
+$27.2M |
| 5 |
Dentsply Sirona
XRAY
|
+$21.1M |
Top Sells
| 1 |
CB
CHUBB CORPORATION
CB
|
+$93.8M |
| 2 |
PCP
PRECISION CASTPARTS CORP
PCP
|
+$83.3M |
| 3 |
BRCM
BROADCOM CORP CL-A
BRCM
|
+$79.2M |
| 4 |
Meta Platforms (Facebook)
META
|
+$37.7M |
| 5 |
Alphabet (Google) Class C
GOOG
|
+$35.7M |
Sector Composition
| 1 | Financials | 15.3% |
| 2 | Technology | 14.55% |
| 3 | Healthcare | 13.35% |
| 4 | Industrials | 10.83% |
| 5 | Consumer Discretionary | 9.91% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
2001
Banc of California
BANC
$2.62B
| $1.68M | ﹤0.01% |
96,200
+33,200
| +53% | +$581K |
|
2002
Lattice Semiconductor
LSCC
$8.82B
| $1.68M | ﹤0.01% |
296,500
-61,400
| -17% | -$349K |
|
2003
Agios Pharmaceuticals
AGIO
$2.14B
| $1.68M | ﹤0.01% |
41,400
-2,500
| -6% | -$102K |
|
2004
TTEC Holdings
TTEC
$173M
| $1.68M | ﹤0.01% |
60,500
-3,277
| -5% | -$90.9K |
|
2005
Alamo Group
ALG
$2.49B
| $1.68M | ﹤0.01% |
30,100
+8,300
| +38% | +$462K |
|
|
AIMC
2006
DELISTED
Altra Industrial Motion Corp.
AIMC
| $1.67M | ﹤0.01% |
60,200
+1,000
| +2% | +$27.8K |
|
2007
Matrix Service
MTRX
$353M
| $1.67M | ﹤0.01% |
94,300
+9,100
| +11% | +$161K |
|
2008
Quanex
NX
$661M
| $1.66M | ﹤0.01% |
95,800
+6,000
| +7% | +$104K |
|
|
MNR
2009
DELISTED
Monmouth Real Estate Investment Corp
MNR
| $1.66M | ﹤0.01% |
139,600
-4,700
| -3% | -$55.9K |
|
|
CSFL
2010
DELISTED
CenterState Bank Corporation Common Stock
CSFL
| $1.66M | ﹤0.01% |
111,400
-14,400
| -11% | -$214K |
|
2011
Sonida Senior Living
SNDA
$500M
| $1.66M | ﹤0.01% |
5,960
-187
| -3% | -$52K |
|
|
PCBK
2012
DELISTED
Pacific Continental Corp
PCBK
| $1.66M | ﹤0.01% |
102,600
+15,900
| +18% | +$256K |
|
2013
OFG Bancorp
OFG
$1.95B
| $1.65M | ﹤0.01% |
236,600
+85,300
| +56% | +$596K |
|
2014
UNIFI
UFI
$82.8M
| $1.65M | ﹤0.01% |
72,100
-23,800
| -25% | -$545K |
|
|
RICE
2015
DELISTED
Rice Energy Inc.
RICE
| $1.65M | ﹤0.01% |
118,200
-7,200
| -6% | -$101K |
|
|
ITCI
2016
DELISTED
Intra-Cellular Therapies Inc.
ITCI
| $1.65M | ﹤0.01% |
59,300
-19,400
| -25% | -$539K |
|
2017
Theravance Biopharma
TBPH
$720M
| $1.65M | ﹤0.01% |
87,600
-5,300
| -6% | -$99.6K |
|
|
EPIQ
2018
DELISTED
EPIQ SYSTEMS INC
EPIQ
| $1.65M | ﹤0.01% |
109,600
+3,600
| +3% | +$54.1K |
|
2019
Heidrick & Struggles
HSII
$1.03B
| $1.64M | ﹤0.01% |
69,375
+7,500
| +12% | +$178K |
|
|
TVPT
2020
DELISTED
Travelport Worldwide Limited
TVPT
| $1.64M | ﹤0.01% |
120,000
+28,100
| +31% | +$384K |
|
|
XOXO
2021
DELISTED
Xo Group Inc
XOXO
| $1.64M | ﹤0.01% |
101,900
-900
| -0.9% | -$14.4K |
|
|
INVN
2022
DELISTED
Invensense Inc
INVN
| $1.63M | ﹤0.01% |
194,000
-57,100
| -23% | -$480K |
|
|
EPE
2023
DELISTED
EP Energy Corporation
EPE
| $1.62M | ﹤0.01% |
359,400
+203,800
| +131% | +$921K |
|
2024
Paycom
PAYC
$12.5B
| $1.62M | ﹤0.01% |
45,600
-26,800
| -37% | -$954K |
|
|
ONE
2025
DELISTED
HIGHER ONE HOLDINGS, INC COM STK
ONE
| $1.62M | ﹤0.01% |
414,000
+4,800
| +1% | +$18.8K |
|