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
|
+$95.4M |
| 2 |
PepsiCo
PEP
|
+$73.5M |
| 3 |
Accenture
ACN
|
+$68.9M |
| 4 |
Lockheed Martin
LMT
|
+$66.5M |
| 5 |
Simon Property Group
SPG
|
+$53.6M |
Top Sells
| 1 |
JPMorgan Chase
JPM
|
+$144M |
| 2 |
Apple
AAPL
|
+$100M |
| 3 |
Berkshire Hathaway Class B
BRK.B
|
+$98.3M |
| 4 |
Alphabet (Google) Class A
GOOGL
|
+$91.6M |
| 5 |
Meta Platforms (Facebook)
META
|
+$65.5M |
Sector Composition
| 1 | Technology | 17.51% |
| 2 | Financials | 17.03% |
| 3 | Healthcare | 13.68% |
| 4 | Consumer Discretionary | 10.35% |
| 5 | Industrials | 10.11% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
GOV
2001
DELISTED
Government Properties Income Trust
GOV
| $1.72M | ﹤0.01% |
152,270
-8,600
| -5% | -$97.1K |
|
|
MSB
2002
Mesabi Trust
MSB
$412M
| $1.72M | ﹤0.01% |
64,701
+8,642
| +15% | +$229K |
|
2003
Ceco Environmental
CECO
$1.7B
| $1.71M | ﹤0.01% |
217,478
+196,121
| +918% | +$1.55M |
|
2004
HealthStream
HSTM
$855M
| $1.71M | ﹤0.01% |
55,274
-4,100
| -7% | -$127K |
|
2005
Primoris Services
PRIM
$6.59B
| $1.71M | ﹤0.01% |
68,774
-3,925
| -5% | -$97.4K |
|
|
CAI
2006
DELISTED
CAI International, Inc.
CAI
| $1.7M | ﹤0.01% |
74,479
-950
| -1% | -$21.7K |
|
2007
The RMR Group
RMR
$288M
| $1.7M | ﹤0.01% |
18,341
+6,751
| +58% | +$626K |
|
2008
Northrim BanCorp
NRIM
$504M
| $1.7M | ﹤0.01% |
40,943
-398
| -1% | -$16.5K |
|
2009
Stratasys
SSYS
$835M
| $1.7M | ﹤0.01% |
73,573
-5,200
| -7% | -$120K |
|
2010
TFS Financial
TFSL
$3.75B
| $1.7M | ﹤0.01% |
113,250
-13,780
| -11% | -$207K |
|
2011
Winmark
WINA
$1.74B
| $1.7M | ﹤0.01% |
10,240
-341
| -3% | -$56.6K |
|
2012
Shoe Carnival
SCVL
$636M
| $1.7M | ﹤0.01% |
88,126
-9,412
| -10% | -$181K |
|
|
BOLD
2013
DELISTED
Audentes Therapeutics, Inc
BOLD
| $1.69M | ﹤0.01% |
42,790
-1,267
| -3% | -$50.2K |
|
|
TIER
2014
DELISTED
TIER REIT, Inc.
TIER
| $1.69M | ﹤0.01% |
70,299
-3,857
| -5% | -$92.9K |
|
2015
Ducommun
DCO
$1.39B
| $1.69M | ﹤0.01% |
41,424
-195
| -0.5% | -$7.97K |
|
2016
Matthews International
MATW
$763M
| $1.69M | ﹤0.01% |
33,667
+3,610
| +12% | +$181K |
|
|
BZUN
2017
Baozun
BZUN
$276M
| $1.69M | ﹤0.01% |
34,675
+6,927
| +25% | +$337K |
|
2018
Liberty Latin America Class A
LILA
$1.5B
| $1.68M | ﹤0.01% |
85,676
-6,877
| -7% | -$135K |
|
|
CSII
2019
DELISTED
Cardiovascular Systems, Inc.
CSII
| $1.68M | ﹤0.01% |
42,979
+2,779
| +7% | +$109K |
|
2020
BancFirst
BANF
$4.45B
| $1.68M | ﹤0.01% |
27,978
-879
| -3% | -$52.7K |
|
|
ZVO
2021
DELISTED
Zovio Inc. Common Stock
ZVO
| $1.67M | ﹤0.01% |
164,555
-5,860
| -3% | -$59.5K |
|
|
PRMW
2022
DELISTED
Primo Water Corporation
PRMW
| $1.67M | ﹤0.01% |
92,547
+31,742
| +52% | +$573K |
|
|
ALX
2023
Alexander's
ALX
$1.25B
| $1.66M | ﹤0.01% |
4,832
-755
| -14% | -$259K |
|
2024
KLX Energy Services
KLXE
$31.4M
| $1.66M | ﹤0.01% |
+10,368
| New | +$1.66M |
|
|
SEMG
2025
DELISTED
SEMGROUP CORPORATION
SEMG
| $1.66M | ﹤0.01% |
75,200
-5,300
| -7% | -$117K |
|