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 | |
|---|---|---|---|---|---|---|
|
INN
2051
Summit Hotel Properties
INN
$623M
| $1.52M | ﹤0.01% |
111,361
-8,072
| -7% | -$110K |
|
2052
TG Therapeutics
TGTX
$5.1B
| $1.51M | ﹤0.01% |
106,400
| – | – |
|
2053
TrueCar
TRUE
$215M
| $1.51M | ﹤0.01% |
159,500
-34,642
| -18% | -$328K |
|
2054
Caesarstone
CSTE
$48.4M
| $1.5M | ﹤0.01% |
76,315
+3,615
| +5% | +$71.1K |
|
|
CNSL
2055
DELISTED
Consolidated Communications Holdings, Inc.
CNSL
| $1.5M | ﹤0.01% |
136,643
+14,557
| +12% | +$160K |
|
2056
Cohen & Steers
CNS
$3.65B
| $1.5M | ﹤0.01% |
36,779
-8,653
| -19% | -$352K |
|
2057
Arrow Financial
AROW
$478M
| $1.49M | ﹤0.01% |
52,229
-516
| -1% | -$14.7K |
|
2058
HealthStream
HSTM
$855M
| $1.48M | ﹤0.01% |
59,500
| – | – |
|
2059
TriCo Bancshares
TCBK
$1.48B
| $1.47M | ﹤0.01% |
39,541
+2,125
| +6% | +$79.1K |
|
2060
Financial Institutions
FISI
$545M
| $1.47M | ﹤0.01% |
49,699
+2,989
| +6% | +$88.5K |
|
2061
CNB Financial Corp
CCNE
$761M
| $1.46M | ﹤0.01% |
50,321
-816
| -2% | -$23.7K |
|
2062
Mesa Laboratories
MLAB
$339M
| $1.46M | ﹤0.01% |
9,800
| – | – |
|
|
MITT
2063
AG Mortgage Investment Trust
MITT
$244M
| $1.45M | ﹤0.01% |
27,895
-7,558
| -21% | -$394K |
|
2064
NMI Holdings
NMIH
$3.08B
| $1.45M | ﹤0.01% |
87,771
+42,602
| +94% | +$705K |
|
2065
Safe Bulkers
SB
$466M
| $1.45M | ﹤0.01% |
458,300
| – | – |
|
2066
TriNet
TNET
$3.35B
| $1.45M | ﹤0.01% |
31,335
-653
| -2% | -$30.2K |
|
2067
Wingstop
WING
$7.43B
| $1.45M | ﹤0.01% |
+30,674
| New | +$1.45M |
|
2068
Barnes & Noble Education
BNED
$277M
| $1.45M | ﹤0.01% |
2,101
-662
| -24% | -$456K |
|
2069
1-800-Flowers.com
FLWS
$343M
| $1.45M | ﹤0.01% |
122,503
+7,513
| +7% | +$88.7K |
|
|
CTG
2070
DELISTED
Computer Task Group, Inc.
CTG
| $1.45M | ﹤0.01% |
176,500
| – | – |
|
2071
Performance Food Group
PFGC
$16.6B
| $1.45M | ﹤0.01% |
48,403
-20,689
| -30% | -$618K |
|
|
QIWI
2072
DELISTED
QIWI PLC
QIWI
| $1.44M | ﹤0.01% |
75,515
-27,865
| -27% | -$532K |
|
2073
National Healthcare
NHC
$1.78B
| $1.44M | ﹤0.01% |
24,184
-1,139
| -4% | -$67.9K |
|
2074
Houlihan Lokey
HLI
$14.4B
| $1.44M | ﹤0.01% |
32,255
+22,050
| +216% | +$984K |
|
|
PGTI
2075
DELISTED
PGT, Inc.
PGTI
| $1.44M | ﹤0.01% |
76,936
+13,049
| +20% | +$243K |
|