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 |
Fortive
FTV
|
+$29.3M |
| 2 |
Johnson Controls International
JCI
|
+$24.2M |
| 3 |
Procter & Gamble
PG
|
+$21.8M |
| 4 |
INFO
IHS Markit Ltd. Common Shares
INFO
|
+$21.3M |
| 5 |
Dell
DELL
|
+$20.7M |
Top Sells
| 1 |
EMC
EMC CORPORATION
EMC
|
+$132M |
| 2 |
Apple
AAPL
|
+$123M |
| 3 |
Exxon Mobil
XOM
|
+$55.6M |
| 4 |
JPMorgan Chase
JPM
|
+$51M |
| 5 |
Comcast
CMCSA
|
+$50.2M |
Sector Composition
| 1 | Financials | 15.67% |
| 2 | Technology | 14.76% |
| 3 | Healthcare | 13.19% |
| 4 | Industrials | 10.62% |
| 5 | Consumer Discretionary | 9.67% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
EPE
2001
DELISTED
EP Energy Corporation
EPE
| $1.79M | ﹤0.01% |
408,300
+20,700
| +5% | +$90.6K |
|
|
IVC
2002
DELISTED
Invacare Corporation
IVC
| $1.78M | ﹤0.01% |
159,628
-700
| -0.4% | -$7.82K |
|
|
MITT
2003
AG Mortgage Investment Trust
MITT
$244M
| $1.78M | ﹤0.01% |
37,667
+967
| +3% | +$45.7K |
|
2004
Safety Insurance
SAFT
$1.1B
| $1.78M | ﹤0.01% |
26,400
+1,500
| +6% | +$101K |
|
|
ATRI
2005
DELISTED
Atrion Corp
ATRI
| $1.77M | ﹤0.01% |
4,159
-800
| -16% | -$341K |
|
2006
MarineMax
HZO
$556M
| $1.77M | ﹤0.01% |
84,500
+1,800
| +2% | +$37.7K |
|
|
CCC
2007
DELISTED
Calgon Carbon Corp
CCC
| $1.77M | ﹤0.01% |
116,700
-8,400
| -7% | -$127K |
|
|
WAC
2008
DELISTED
Walter Investment Mgt Corp
WAC
| $1.77M | ﹤0.01% |
435,800
+14,100
| +3% | +$57.2K |
|
2009
Marten Transport
MRTN
$953M
| $1.76M | ﹤0.01% |
209,250
-12,500
| -6% | -$105K |
|
2010
WSFS Financial
WSFS
$3.13B
| $1.76M | ﹤0.01% |
48,184
| – | – |
|
2011
Magnachip Semiconductor
MX
$112M
| $1.75M | ﹤0.01% |
210,200
-12,700
| -6% | -$106K |
|
2012
Ameris Bancorp
ABCB
$5.1B
| $1.75M | ﹤0.01% |
50,000
-2,200
| -4% | -$76.9K |
|
2013
Lattice Semiconductor
LSCC
$8.82B
| $1.75M | ﹤0.01% |
269,100
-18,400
| -6% | -$119K |
|
2014
McGrath RentCorp
MGRC
$3.01B
| $1.75M | ﹤0.01% |
55,100
-7,100
| -11% | -$225K |
|
|
OB
2015
DELISTED
Onebeacon Insurance Group Ltd
OB
| $1.75M | ﹤0.01% |
122,229
-6,500
| -5% | -$92.8K |
|
2016
Travelzoo
TZOO
$105M
| $1.74M | ﹤0.01% |
135,700
-10,000
| -7% | -$128K |
|
|
ECC
2017
Eagle Point Credit Co
ECC
$887M
| $1.73M | ﹤0.01% |
101,000
-49,000
| -33% | -$841K |
|
2018
Shoe Carnival
SCVL
$636M
| $1.73M | ﹤0.01% |
129,600
+5,800
| +5% | +$77.3K |
|
2019
AngioDynamics
ANGO
$433M
| $1.73M | ﹤0.01% |
98,400
-4,400
| -4% | -$77.2K |
|
|
WIRE
2020
DELISTED
Encore Wire Corp
WIRE
| $1.73M | ﹤0.01% |
46,900
-2,700
| -5% | -$99.3K |
|
2021
Teekay
TK
$722M
| $1.72M | ﹤0.01% |
222,900
+50,700
| +29% | +$391K |
|
2022
Olympic Steel
ZEUS
$368M
| $1.72M | ﹤0.01% |
77,600
-8,700
| -10% | -$192K |
|
2023
Peoples Bancorp
PEBO
$1.08B
| $1.71M | ﹤0.01% |
69,700
+3,200
| +5% | +$78.7K |
|
|
GBNK
2024
DELISTED
Guaranty Bancorp
GBNK
| $1.71M | ﹤0.01% |
95,700
-3,400
| -3% | -$60.7K |
|
|
EPAY
2025
DELISTED
Bottomline Technologies Inc
EPAY
| $1.71M | ﹤0.01% |
73,200
-5,100
| -7% | -$119K |
|