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 |
ATH
Athene Holding Ltd. Class A Common Shares
ATH
|
+$282M |
| 2 |
Alphabet (Google) Class A
GOOGL
|
+$224M |
| 3 |
JOBS
51job, Inc.
JOBS
|
+$26.8M |
| 4 |
Intel
INTC
|
+$24.2M |
| 5 |
WP
Worldpay, Inc.
WP
|
+$22.7M |
Top Sells
| 1 |
Alphabet (Google) Class C
GOOG
|
+$312M |
| 2 |
Amazon
AMZN
|
+$153M |
| 3 |
Johnson & Johnson
JNJ
|
+$75.8M |
| 4 |
Microsoft
MSFT
|
+$69.7M |
| 5 |
Honeywell
HON
|
+$60.9M |
Sector Composition
| 1 | Financials | 18.48% |
| 2 | Technology | 16.84% |
| 3 | Healthcare | 12.76% |
| 4 | Industrials | 10.58% |
| 5 | Consumer Discretionary | 10.45% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
CSFL
2026
DELISTED
CenterState Bank Corporation Common Stock
CSFL
| $1.6M | ﹤0.01% |
60,253
+8,693
| +17% | +$231K |
|
|
MCHB
2027
Mechanics Bancorp Class A Common Stock
MCHB
$3.03B
| $1.59M | ﹤0.01% |
55,496
+2,815
| +5% | +$80.7K |
|
|
CVRR
2028
DELISTED
CVR Refining, LP
CVRR
| $1.59M | ﹤0.01% |
121,626
+22,719
| +23% | +$296K |
|
2029
Coeur Mining
CDE
$9.98B
| $1.59M | ﹤0.01% |
198,200
-9,500
| -5% | -$76K |
|
2030
First Interstate BancSystem
FIBK
$3.43B
| $1.59M | ﹤0.01% |
40,078
+4,699
| +13% | +$186K |
|
|
GBNK
2031
DELISTED
Guaranty Bancorp
GBNK
| $1.59M | ﹤0.01% |
55,908
| – | – |
|
2032
Air T
AIRT
| $1.58M | ﹤0.01% |
94,800
| – | – |
|
2033
First Mid Bancshares
FMBH
$945M
| $1.58M | ﹤0.01% |
43,338
+6,036
| +16% | +$220K |
|
2034
Apogee Enterprises
APOG
$903M
| $1.58M | ﹤0.01% |
36,383
+7,007
| +24% | +$304K |
|
2035
Kadant
KAI
$3.69B
| $1.57M | ﹤0.01% |
16,658
-391
| -2% | -$36.9K |
|
2036
KRONOS Worldwide
KRO
$694M
| $1.57M | ﹤0.01% |
69,619
-28,524
| -29% | -$644K |
|
|
GTS
2037
DELISTED
Triple-S Management Corporation
GTS
| $1.57M | ﹤0.01% |
63,219
-15,591
| -20% | -$388K |
|
2038
Ingersoll Rand
IR
$31.3B
| $1.57M | ﹤0.01% |
51,200
+29,000
| +131% | +$890K |
|
|
FLXN
2039
DELISTED
Flexion Therapeutics, Inc.
FLXN
| $1.57M | ﹤0.01% |
+70,000
| New | +$1.57M |
|
|
COTV
2040
DELISTED
Cotiviti Holdings, Inc.
COTV
| $1.57M | ﹤0.01% |
45,500
-2,200
| -5% | -$75.8K |
|
|
PRTK
2041
DELISTED
Paratek Pharmaceuticals, Inc.
PRTK
| $1.57M | ﹤0.01% |
+120,400
| New | +$1.57M |
|
2042
LivePerson
LPSN
$86M
| $1.57M | ﹤0.01% |
95,700
| – | – |
|
2043
Northrim BanCorp
NRIM
$504M
| $1.56M | ﹤0.01% |
45,258
-4,416
| -9% | -$153K |
|
2044
Park-Ohio Holdings
PKOH
$309M
| $1.56M | ﹤0.01% |
40,185
-2,487
| -6% | -$96.6K |
|
|
USDP
2045
DELISTED
USD PARTNERS LP
USDP
| $1.55M | ﹤0.01% |
150,000
| – | – |
|
2046
HCI Group
HCI
$2.34B
| $1.55M | ﹤0.01% |
40,640
-3,523
| -8% | -$134K |
|
|
CBPX
2047
DELISTED
CONTINENTAL BUILDING PRODUCTS, INC.
CBPX
| $1.54M | ﹤0.01% |
53,996
+6,832
| +14% | +$195K |
|
2048
Shoe Carnival
SCVL
$636M
| $1.54M | ﹤0.01% |
129,148
-25,198
| -16% | -$300K |
|
2049
Heritage Commerce
HTBK
$624M
| $1.54M | ﹤0.01% |
93,200
| – | – |
|
2050
Stratasys
SSYS
$835M
| $1.52M | ﹤0.01% |
75,300
-41,451
| -36% | -$837K |
|