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 |
Coca-Cola
KO
|
+$95.4M |
| 2 |
PepsiCo
PEP
|
+$73.5M |
| 3 |
Accenture
ACN
|
+$68.9M |
| 4 |
Lockheed Martin
LMT
|
+$66.5M |
| 5 |
Simon Property Group
SPG
|
+$53.6M |
Top Sells
| 1 |
JPMorgan Chase
JPM
|
+$144M |
| 2 |
Apple
AAPL
|
+$100M |
| 3 |
Berkshire Hathaway Class B
BRK.B
|
+$98.3M |
| 4 |
Alphabet (Google) Class A
GOOGL
|
+$91.6M |
| 5 |
Meta Platforms (Facebook)
META
|
+$65.5M |
Sector Composition
| 1 | Technology | 17.51% |
| 2 | Financials | 17.03% |
| 3 | Healthcare | 13.68% |
| 4 | Consumer Discretionary | 10.35% |
| 5 | Industrials | 10.11% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
2051
Gorman-Rupp
GRC
$1.13B
| $1.59M | ﹤0.01% |
43,584
-2,910
| -6% | -$106K |
|
|
LION
2052
DELISTED
Fidelity Southern Corporation
LION
| $1.59M | ﹤0.01% |
64,024
-2,028
| -3% | -$50.3K |
|
2053
Arrow Financial
AROW
$478M
| $1.58M | ﹤0.01% |
49,597
-3,568
| -7% | -$114K |
|
2054
ATN International
ATNI
$238M
| $1.58M | ﹤0.01% |
21,402
-5,793
| -21% | -$428K |
|
|
ANH
2055
DELISTED
Anworth Mortgage Asset Corporation
ANH
| $1.58M | ﹤0.01% |
340,601
-154
| -0% | -$713 |
|
2056
Kimball Electronics
KE
$741M
| $1.58M | ﹤0.01% |
80,180
-4,400
| -5% | -$86.5K |
|
2057
Quad
QUAD
$333M
| $1.58M | ﹤0.01% |
75,623
-7,598
| -9% | -$158K |
|
2058
SiteOne Landscape Supply
SITE
$6.23B
| $1.58M | ﹤0.01% |
20,919
+11,476
| +122% | +$865K |
|
2059
SEACOR Marine Holdings
SMHI
$180M
| $1.57M | ﹤0.01% |
69,483
+21,783
| +46% | +$493K |
|
2060
PROS Holdings
PRO
$699M
| $1.57M | ﹤0.01% |
44,800
-3,800
| -8% | -$133K |
|
2061
TriCo Bancshares
TCBK
$1.48B
| $1.57M | ﹤0.01% |
40,580
-5,073
| -11% | -$196K |
|
2062
China Yuchai International
CYD
$1.46B
| $1.56M | ﹤0.01% |
90,564
-2,922
| -3% | -$50.5K |
|
2063
Trupanion
TRUP
$1.87B
| $1.56M | ﹤0.01% |
43,772
+16,873
| +63% | +$603K |
|
2064
Mesa Laboratories
MLAB
$339M
| $1.56M | ﹤0.01% |
8,410
+364
| +5% | +$67.6K |
|
|
BFS
2065
Saul Centers
BFS
$785M
| $1.56M | ﹤0.01% |
27,857
-2,000
| -7% | -$112K |
|
|
GBNK
2066
DELISTED
Guaranty Bancorp
GBNK
| $1.56M | ﹤0.01% |
52,517
-7,233
| -12% | -$215K |
|
2067
Hecla Mining
HL
$7.51B
| $1.56M | ﹤0.01% |
558,738
-25,698
| -4% | -$71.7K |
|
2068
MaxLinear
MXL
$1.37B
| $1.55M | ﹤0.01% |
78,126
-3,074
| -4% | -$61.1K |
|
2069
Financial Institutions
FISI
$545M
| $1.55M | ﹤0.01% |
49,371
-2,400
| -5% | -$75.3K |
|
|
TEN
2070
Tsakos Energy Navigation Ltd.
TEN
$672M
| $1.55M | ﹤0.01% |
91,405
+2,570
| +3% | +$43.6K |
|
2071
Sierra Bancorp
BSRR
$408M
| $1.55M | ﹤0.01% |
53,555
+11,804
| +28% | +$341K |
|
2072
Seacoast Banking Corp of Florida
SBCF
$2.71B
| $1.54M | ﹤0.01% |
52,875
-2,500
| -5% | -$73K |
|
2073
Shutterstock
SSTK
$742M
| $1.54M | ﹤0.01% |
28,274
-2,100
| -7% | -$115K |
|
|
LKSD
2074
DELISTED
LSC Communications, Inc.
LKSD
| $1.54M | ﹤0.01% |
139,052
+1,302
| +0.9% | +$14.4K |
|
2075
BrightView Holdings
BV
$1.32B
| $1.54M | ﹤0.01% |
95,746
-4,254
| -4% | -$68.3K |
|