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 |
Coty
COTY
|
+$42M |
| 2 |
Yum China
YUMC
|
+$22.3M |
| 3 |
Howmet Aerospace
HWM
|
+$19M |
| 4 |
Adient
ADNT
|
+$11.5M |
| 5 |
Lamb Weston
LW
|
+$10.4M |
Top Sells
| 1 |
Apple
AAPL
|
+$99.5M |
| 2 |
Synchrony
SYF
|
+$72.8M |
| 3 |
Microsoft
MSFT
|
+$68.4M |
| 4 |
JPMorgan Chase
JPM
|
+$63.7M |
| 5 |
Exxon Mobil
XOM
|
+$52.3M |
Sector Composition
| 1 | Financials | 17.68% |
| 2 | Technology | 14.39% |
| 3 | Healthcare | 12.29% |
| 4 | Industrials | 11.04% |
| 5 | Consumer Discretionary | 9.22% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
2001
Arbor Realty Trust
ABR
$2.25B
| $1.7M | ﹤0.01% |
227,600
+4,200
| +2% | +$31.3K |
|
2002
BlackRock TCP Capital
TCPC
$605M
| $1.7M | ﹤0.01% |
100,500
+8,300
| +9% | +$140K |
|
|
HMHC
2003
DELISTED
Houghton Mifflin Harcourt Company
HMHC
| $1.69M | ﹤0.01% |
155,400
+43,700
| +39% | +$474K |
|
|
HNH
2004
DELISTED
Handy & Harman Holdings Ltd.
HNH
| $1.69M | ﹤0.01% |
66,000
-3,300
| -5% | -$84.3K |
|
2005
Ducommun
DCO
$1.39B
| $1.68M | ﹤0.01% |
65,900
+6,000
| +10% | +$153K |
|
|
KMG
2006
DELISTED
KMG Chemicals Inc
KMG
| $1.68M | ﹤0.01% |
43,200
+200
| +0.5% | +$7.78K |
|
|
EPZM
2007
DELISTED
Epizyme, Inc
EPZM
| $1.68M | ﹤0.01% |
138,400
-7,000
| -5% | -$84.7K |
|
2008
FreightCar America
RAIL
$162M
| $1.67M | ﹤0.01% |
111,900
+51,600
| +86% | +$771K |
|
2009
StoneX
SNEX
$5.04B
| $1.67M | ﹤0.01% |
94,950
+5,625
| +6% | +$99K |
|
2010
Flotek Industries
FTK
$341M
| $1.66M | ﹤0.01% |
29,533
-784
| -3% | -$44.2K |
|
|
YELL
2011
DELISTED
Yellow Corporation Common Stock
YELL
| $1.66M | ﹤0.01% |
125,100
-59,500
| -32% | -$790K |
|
2012
Globus Medical
GMED
$7.93B
| $1.66M | ﹤0.01% |
66,800
-15,800
| -19% | -$392K |
|
2013
Park-Ohio Holdings
PKOH
$309M
| $1.66M | ﹤0.01% |
38,900
-1,600
| -4% | -$68.2K |
|
2014
Mercantile Bank Corp
MBWM
$775M
| $1.65M | ﹤0.01% |
43,800
-16,600
| -27% | -$626K |
|
|
NSH
2015
DELISTED
NuStar GP Holdings LLC
NSH
| $1.65M | ﹤0.01% |
57,100
-2,700
| -5% | -$78K |
|
2016
Emergent Biosolutions
EBS
$434M
| $1.65M | ﹤0.01% |
50,200
-8,400
| -14% | -$276K |
|
|
LGF.A
2017
DELISTED
Lions Gate Entertainment Corp. Class A Voting Shares
LGF.A
| $1.65M | ﹤0.01% |
+61,300
| New | +$1.65M |
|
|
AVX
2018
DELISTED
AVX Corporation
AVX
| $1.65M | ﹤0.01% |
105,500
+1,800
| +2% | +$28.1K |
|
|
ACET
2019
DELISTED
Aceto Corp
ACET
| $1.65M | ﹤0.01% |
75,000
-26,500
| -26% | -$582K |
|
2020
Park Aerospace
PKE
$372M
| $1.65M | ﹤0.01% |
88,300
+9,800
| +12% | +$183K |
|
|
MIK
2021
DELISTED
Michaels Stores, Inc
MIK
| $1.65M | ﹤0.01% |
80,500
-23,800
| -23% | -$487K |
|
|
WAIR
2022
DELISTED
WESCO Aircraft Holdings Inc.
WAIR
| $1.65M | ﹤0.01% |
110,000
-44,700
| -29% | -$668K |
|
2023
Scorpio Tankers
STNG
$2.99B
| $1.64M | ﹤0.01% |
36,250
-3,330
| -8% | -$151K |
|
2024
Universal Insurance Holdings
UVE
$719M
| $1.64M | ﹤0.01% |
57,800
-2,700
| -4% | -$76.7K |
|
|
CCC
2025
DELISTED
Calgon Carbon Corp
CCC
| $1.64M | ﹤0.01% |
96,300
-20,400
| -17% | -$347K |
|