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 |
AT&T
T
|
+$179M |
| 2 |
Alphabet (Google) Class C
GOOG
|
+$146M |
| 3 |
PepsiCo
PEP
|
+$65.1M |
| 4 |
Coca-Cola
KO
|
+$62.7M |
| 5 |
Pfizer
PFE
|
+$54.5M |
Top Sells
| 1 |
Alphabet (Google) Class A
GOOGL
|
+$279M |
| 2 |
TWX
Time Warner Inc
TWX
|
+$178M |
| 3 |
Apple
AAPL
|
+$164M |
| 4 |
Microsoft
MSFT
|
+$135M |
| 5 |
Amazon
AMZN
|
+$134M |
Sector Composition
| 1 | Financials | 17.85% |
| 2 | Technology | 16.79% |
| 3 | Healthcare | 13.11% |
| 4 | Consumer Discretionary | 10.49% |
| 5 | Industrials | 10.12% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
2051
CEVA Inc
CEVA
$564M
| $1.58M | ﹤0.01% |
52,281
-11,866
| -18% | -$358K |
|
2052
Clearwater Paper
CLW
$344M
| $1.58M | ﹤0.01% |
68,185
-37,275
| -35% | -$861K |
|
|
AIMT
2053
DELISTED
Aimmune Therapeutics, Inc.
AIMT
| $1.57M | ﹤0.01% |
58,455
+19,560
| +50% | +$526K |
|
2054
Winmark
WINA
$1.74B
| $1.57M | ﹤0.01% |
10,581
+381
| +4% | +$56.6K |
|
2055
Geospace Technologies
GEOS
$209M
| $1.57M | ﹤0.01% |
111,571
+2,290
| +2% | +$32.2K |
|
2056
Safe Bulkers
SB
$466M
| $1.57M | ﹤0.01% |
461,455
+3,155
| +0.7% | +$10.7K |
|
2057
TTEC Holdings
TTEC
$173M
| $1.57M | ﹤0.01% |
45,381
+1,581
| +4% | +$54.6K |
|
2058
Alpha and Omega Semiconductor
AOSL
$853M
| $1.57M | ﹤0.01% |
109,908
+4,315
| +4% | +$61.4K |
|
2059
Johnson Outdoors
JOUT
$422M
| $1.56M | ﹤0.01% |
18,508
-3,834
| -17% | -$324K |
|
2060
NN Inc
NNBR
$117M
| $1.56M | ﹤0.01% |
82,556
-1,444
| -2% | -$27.3K |
|
2061
Rigel Pharmaceuticals
RIGL
$681M
| $1.56M | ﹤0.01% |
55,069
-33,081
| -38% | -$936K |
|
2062
CareDx
CDNA
$720M
| $1.56M | ﹤0.01% |
127,224
-47,776
| -27% | -$585K |
|
2063
OceanFirst Financial
OCFC
$1.04B
| $1.56M | ﹤0.01% |
51,931
+7,881
| +18% | +$236K |
|
|
BRS
2064
DELISTED
Bristow Group, Inc.
BRS
| $1.56M | ﹤0.01% |
110,269
-79,519
| -42% | -$1.12M |
|
2065
White Mountains Insurance
WTM
$4.54B
| $1.55M | ﹤0.01% |
1,712
+304
| +22% | +$276K |
|
2066
Cohen & Steers
CNS
$3.65B
| $1.55M | ﹤0.01% |
37,139
+360
| +1% | +$15K |
|
2067
Kimball Electronics
KE
$741M
| $1.55M | ﹤0.01% |
84,580
+21,640
| +34% | +$396K |
|
2068
Manitowoc
MTW
$362M
| $1.55M | ﹤0.01% |
59,757
+557
| +0.9% | +$14.4K |
|
2069
Rocky Brands
RCKY
$215M
| $1.55M | ﹤0.01% |
51,496
-1,877
| -4% | -$56.3K |
|
|
ORIT
2070
DELISTED
Oritani Financial Corp. New
ORIT
| $1.54M | ﹤0.01% |
95,163
+2,305
| +2% | +$37.4K |
|
2071
Donnelley Financial Solutions
DFIN
$1.5B
| $1.54M | ﹤0.01% |
88,701
-24,032
| -21% | -$418K |
|
2072
Regional Management Corp
RM
$418M
| $1.54M | ﹤0.01% |
44,006
+4,700
| +12% | +$165K |
|
2073
Travere Therapeutics
TVTX
$2.09B
| $1.54M | ﹤0.01% |
56,525
+3,824
| +7% | +$104K |
|
|
NEX
2074
DELISTED
NexTier Oilfield Solutions Inc.
NEX
| $1.54M | ﹤0.01% |
112,600
-10,100
| -8% | -$138K |
|
|
OCLR
2075
DELISTED
Oclaro Inc.
OCLR
| $1.54M | ﹤0.01% |
172,383
+27,683
| +19% | +$247K |
|