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 |
DuPont de Nemours
DD
|
+$176M |
| 2 |
Microsoft
MSFT
|
+$97.3M |
| 3 |
Apple
AAPL
|
+$66.4M |
| 4 |
Meta Platforms (Facebook)
META
|
+$61.7M |
| 5 |
Alphabet (Google) Class C
GOOG
|
+$59.5M |
Top Sells
| 1 |
DD
Du Pont De Nemours E I
DD
|
+$173M |
| 2 |
BHI
Baker Hughes
BHI
|
+$56.5M |
| 3 |
Synchrony
SYF
|
+$40.3M |
| 4 |
Alibaba
BABA
|
+$38.7M |
| 5 |
AABA
Altaba Inc. Common Stock
AABA
|
+$35.1M |
Sector Composition
| 1 | Financials | 17.96% |
| 2 | Technology | 15.59% |
| 3 | Healthcare | 13.08% |
| 4 | Industrials | 10.91% |
| 5 | Consumer Discretionary | 9.81% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
DM
2051
DELISTED
Dominion Energy Midstream Ptr LP
DM
| $1.54M | ﹤0.01% |
48,000
| – | – |
|
|
AVTA
2052
DELISTED
Avantax, Inc. Common Stock
AVTA
| $1.53M | ﹤0.01% |
60,377
+8,977
| +17% | +$227K |
|
2053
Mesa Laboratories
MLAB
$339M
| $1.52M | ﹤0.01% |
10,200
| – | – |
|
2054
Olympic Steel
ZEUS
$368M
| $1.52M | ﹤0.01% |
68,900
+13,400
| +24% | +$295K |
|
2055
Park Aerospace
PKE
$372M
| $1.51M | ﹤0.01% |
81,749
+1,449
| +2% | +$26.8K |
|
2056
HCI Group
HCI
$2.34B
| $1.51M | ﹤0.01% |
39,495
+3,795
| +11% | +$145K |
|
|
WIRE
2057
DELISTED
Encore Wire Corp
WIRE
| $1.51M | ﹤0.01% |
33,700
| – | – |
|
|
NRE
2058
DELISTED
NorthStar Realty Europe Corp.
NRE
| $1.51M | ﹤0.01% |
117,675
| – | – |
|
2059
Barnes & Noble Education
BNED
$277M
| $1.51M | ﹤0.01% |
2,313
+443
| +24% | +$288K |
|
|
WG
2060
DELISTED
Willbros Group
WG
| $1.5M | ﹤0.01% |
465,956
+74,556
| +19% | +$240K |
|
2061
Materion
MTRN
$2.31B
| $1.5M | ﹤0.01% |
34,740
-5,160
| -13% | -$223K |
|
2062
TriCo Bancshares
TCBK
$1.48B
| $1.5M | ﹤0.01% |
36,749
-1,951
| -5% | -$79.5K |
|
|
LCI
2063
DELISTED
Lannett Company, Inc.
LCI
| $1.5M | ﹤0.01% |
20,287
+762
| +4% | +$56.2K |
|
2064
A10 Networks
ATEN
$1.29B
| $1.5M | ﹤0.01% |
197,700
| – | – |
|
|
SRG
2065
Seritage Growth Properties
SRG
$237M
| $1.49M | ﹤0.01% |
32,364
+2,764
| +9% | +$127K |
|
|
CDR
2066
DELISTED
Cedar Realty Trust, Inc
CDR
| $1.48M | ﹤0.01% |
39,785
+3,346
| +9% | +$124K |
|
|
LJPC
2067
DELISTED
La Jolla Pharmaceutical Company
LJPC
| $1.47M | ﹤0.01% |
42,300
| – | – |
|
2068
ArcBest
ARCB
$1.6B
| $1.47M | ﹤0.01% |
43,786
+9,886
| +29% | +$331K |
|
|
ATCO
2069
DELISTED
Atlas Corp.
ATCO
| $1.46M | ﹤0.01% |
206,400
| – | – |
|
2070
Griffon
GFF
$3.61B
| $1.46M | ﹤0.01% |
65,711
-6,016
| -8% | -$134K |
|
|
I
2071
DELISTED
INTELSAT S. A.
I
| $1.46M | ﹤0.01% |
309,861
-4,939
| -2% | -$23.2K |
|
2072
HealthStream
HSTM
$855M
| $1.45M | ﹤0.01% |
62,188
+1,488
| +2% | +$34.8K |
|
|
CACQ
2073
DELISTED
Caesars Acquisition Company
CACQ
| $1.45M | ﹤0.01% |
67,436
+5,036
| +8% | +$108K |
|
2074
CTS Corp
CTS
$1.23B
| $1.44M | ﹤0.01% |
59,853
+1,153
| +2% | +$27.8K |
|
2075
Lexicon Pharmaceuticals
LXRX
$418M
| $1.44M | ﹤0.01% |
117,056
| – | – |
|