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 |
Walt Disney
DIS
|
+$134M |
| 2 |
PepsiCo
PEP
|
+$132M |
| 3 |
Coca-Cola
KO
|
+$126M |
| 4 |
Procter & Gamble
PG
|
+$109M |
| 5 |
Alphabet (Google) Class A
GOOGL
|
+$106M |
Top Sells
| 1 |
ATH
Athene Holding Ltd. Class A Common Shares
ATH
|
+$315M |
| 2 |
Mastercard
MA
|
+$267M |
| 3 |
Apple
AAPL
|
+$221M |
| 4 |
RTN
Raytheon Company
RTN
|
+$149M |
| 5 |
Northrop Grumman
NOC
|
+$131M |
Sector Composition
| 1 | Technology | 16.59% |
| 2 | Financials | 15.25% |
| 3 | Healthcare | 13.81% |
| 4 | Consumer Discretionary | 10.01% |
| 5 | Industrials | 8.71% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
TOWR
2026
DELISTED
Tower International, Inc.
TOWR
| $1.35M | ﹤0.01% |
64,349
-19,476
| -23% | -$410K |
|
|
MAGN
2027
Magnera Corporation
MAGN
$393M
| $1.35M | ﹤0.01% |
7,368
-788
| -10% | -$145K |
|
|
LION
2028
DELISTED
Fidelity Southern Corporation
LION
| $1.35M | ﹤0.01% |
49,344
-20,159
| -29% | -$552K |
|
|
AD
2029
Array Digital Infrastructure, Inc.
AD
$4.41B
| $1.35M | ﹤0.01% |
29,335
-20,046
| -41% | -$920K |
|
|
WFT
2030
DELISTED
Weatherford International plc
WFT
| $1.35M | ﹤0.01% |
1,929,534
-246,354
| -11% | -$172K |
|
2031
Arcos Dorados Holdings
ARCO
$1.43B
| $1.35M | ﹤0.01% |
192,968
-52,315
| -21% | -$365K |
|
2032
Applied Optoelectronics
AAOI
$1.69B
| $1.34M | ﹤0.01% |
110,200
+22,200
| +25% | +$271K |
|
2033
National Research Corp
NRC
$369M
| $1.34M | ﹤0.01% |
34,795
| – | – |
|
|
TRHC
2034
DELISTED
Tabula Rasa HealthCare, Inc. Common Stock
TRHC
| $1.34M | ﹤0.01% |
23,804
-200
| -0.8% | -$11.3K |
|
|
OLP
2035
One Liberty Properties
OLP
$494M
| $1.34M | ﹤0.01% |
46,290
| – | – |
|
|
GPMT
2036
Granite Point Mortgage Trust
GPMT
$142M
| $1.34M | ﹤0.01% |
72,135
+18,272
| +34% | +$339K |
|
2037
1st Source
SRCE
$1.55B
| $1.34M | ﹤0.01% |
29,835
-6,205
| -17% | -$279K |
|
2038
Amneal Pharmaceuticals
AMRX
$3.14B
| $1.34M | ﹤0.01% |
94,505
-2,100
| -2% | -$29.8K |
|
2039
BancFirst
BANF
$4.45B
| $1.34M | ﹤0.01% |
25,653
-866
| -3% | -$45.2K |
|
2040
Haverty Furniture Companies
HVT
$371M
| $1.34M | ﹤0.01% |
61,076
-25,840
| -30% | -$565K |
|
|
CSR
2041
Centerspace
CSR
$979M
| $1.33M | ﹤0.01% |
22,274
-11,765
| -35% | -$705K |
|
2042
Cass Information Systems
CASS
$565M
| $1.33M | ﹤0.01% |
28,180
+3,381
| +14% | +$160K |
|
2043
LGI Homes
LGIH
$1.39B
| $1.33M | ﹤0.01% |
22,100
-600
| -3% | -$36.1K |
|
|
CARB
2044
DELISTED
Carbonite Inc
CARB
| $1.33M | ﹤0.01% |
53,666
-1,400
| -3% | -$34.7K |
|
2045
Bar Harbor Bankshares
BHB
$540M
| $1.33M | ﹤0.01% |
51,410
+2,036
| +4% | +$52.7K |
|
2046
Xencor
XNCR
$613M
| $1.33M | ﹤0.01% |
42,798
-9,016
| -17% | -$280K |
|
2047
Seaboard Corp
SEB
$3.78B
| $1.33M | ﹤0.01% |
310
+34
| +12% | +$146K |
|
2048
Ecovyst
ECVT
$1.06B
| $1.33M | ﹤0.01% |
87,457
| – | – |
|
2049
Great Lakes Dredge & Dock
GLDD
$821M
| $1.33M | ﹤0.01% |
148,986
-9,915
| -6% | -$88.3K |
|
|
PRMW
2050
DELISTED
Primo Water Corporation
PRMW
| $1.32M | ﹤0.01% |
85,540
| – | – |
|