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 | |
|---|---|---|---|---|---|---|
|
UNTD
2026
DELISTED
UNITED ONLINE INC COM NEW
UNTD
| $1.62M | ﹤0.01% |
140,138
+32,500
| +30% | +$375K |
|
|
ESI
2027
DELISTED
ITT EDUCATIONAL SERVICES INC
ESI
| $1.62M | ﹤0.01% |
522,994
+50,700
| +11% | +$157K |
|
|
AMCC
2028
DELISTED
Applied Micro Circuits Corporation New
AMCC
| $1.61M | ﹤0.01% |
249,800
-15,000
| -6% | -$96.9K |
|
2029
HealthStream
HSTM
$855M
| $1.61M | ﹤0.01% |
73,000
-2,000
| -3% | -$44.2K |
|
2030
MediWound
MDWD
$194M
| $1.61M | ﹤0.01% |
28,557
| – | – |
|
|
LCI
2031
DELISTED
Lannett Company, Inc.
LCI
| $1.61M | ﹤0.01% |
22,375
-5,775
| -21% | -$414K |
|
2032
Standex International
SXI
$2.47B
| $1.6M | ﹤0.01% |
20,600
+2,000
| +11% | +$156K |
|
2033
Hooker Furnishings Corp
HOFT
$111M
| $1.6M | ﹤0.01% |
48,700
-3,400
| -7% | -$112K |
|
2034
Shoe Carnival
SCVL
$636M
| $1.6M | ﹤0.01% |
118,600
+3,400
| +3% | +$45.8K |
|
|
DTSI
2035
DELISTED
DTS, Inc.
DTSI
| $1.6M | ﹤0.01% |
73,400
-2,200
| -3% | -$47.9K |
|
|
RPT
2036
DELISTED
RPT Realty Common Shares of Beneficial Interest (MD)
RPT
| $1.6M | ﹤0.01% |
88,613
-4,300
| -5% | -$77.5K |
|
|
MTOR
2037
DELISTED
MERITOR, Inc.
MTOR
| $1.6M | ﹤0.01% |
198,000
-15,200
| -7% | -$123K |
|
|
BPT
2038
DELISTED
BP Prudhoe Bay Royalty Trust
BPT
| $1.59M | ﹤0.01% |
112,900
+63,900
| +130% | +$901K |
|
2039
Entravision Communication
EVC
$226M
| $1.59M | ﹤0.01% |
213,300
-1,300
| -0.6% | -$9.67K |
|
|
FPO
2040
DELISTED
First Potomac Realty Trust
FPO
| $1.58M | ﹤0.01% |
174,826
+18,800
| +12% | +$170K |
|
2041
Onto Innovation
ONTO
$5.44B
| $1.58M | ﹤0.01% |
99,455
-5,200
| -5% | -$82.3K |
|
2042
Safety Insurance
SAFT
$1.1B
| $1.58M | ﹤0.01% |
27,600
+3,200
| +13% | +$183K |
|
|
HMHC
2043
DELISTED
Houghton Mifflin Harcourt Company
HMHC
| $1.57M | ﹤0.01% |
78,800
+3,800
| +5% | +$75.8K |
|
|
CEMP
2044
DELISTED
Cempra, Inc.
CEMP
| $1.57M | ﹤0.01% |
89,500
-27,700
| -24% | -$485K |
|
|
CFNL
2045
DELISTED
Cardinal Financial Corp
CFNL
| $1.56M | ﹤0.01% |
76,800
-25,600
| -25% | -$521K |
|
|
GBNK
2046
DELISTED
Guaranty Bancorp
GBNK
| $1.56M | ﹤0.01% |
100,900
-3,600
| -3% | -$55.7K |
|
2047
Ezcorp Inc
EZPW
$1.04B
| $1.56M | ﹤0.01% |
525,000
+165,900
| +46% | +$493K |
|
2048
First Community Bankshares
FCBC
$680M
| $1.56M | ﹤0.01% |
78,600
+4,800
| +7% | +$95.2K |
|
|
NWLI
2049
DELISTED
National Western Life Group, Inc. Class A
NWLI
| $1.56M | ﹤0.01% |
6,749
+1,200
| +22% | +$277K |
|
2050
American Vanguard Corp
AVD
$160M
| $1.55M | ﹤0.01% |
98,300
-3,000
| -3% | -$47.3K |
|