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 | |
|---|---|---|---|---|---|---|
2051
China Yuchai International
CYD
$1.46B
| $1.32M | ﹤0.01% |
83,058
-13,233
| -14% | -$210K |
|
2052
Mercury Insurance
MCY
$4.4B
| $1.31M | ﹤0.01% |
26,245
-5,562
| -17% | -$278K |
|
2053
Independent Bank Corp
IBCP
$657M
| $1.31M | ﹤0.01% |
61,044
-2,235
| -4% | -$48K |
|
2054
UFP Technologies
UFPT
$1.54B
| $1.31M | ﹤0.01% |
35,000
| – | – |
|
|
SPPI
2055
DELISTED
Spectrum Pharmaceuticals Inc
SPPI
| $1.31M | ﹤0.01% |
122,425
-2,900
| -2% | -$31K |
|
2056
Gorman-Rupp
GRC
$1.13B
| $1.31M | ﹤0.01% |
38,493
-3,391
| -8% | -$115K |
|
2057
Primoris Services
PRIM
$6.59B
| $1.31M | ﹤0.01% |
63,144
-2,992
| -5% | -$61.9K |
|
|
ARR
2058
Armour Residential REIT
ARR
$1.72B
| $1.3M | ﹤0.01% |
13,310
-5,137
| -28% | -$502K |
|
|
BMTC
2059
DELISTED
Bryn Mawr Bank Corp
BMTC
| $1.3M | ﹤0.01% |
35,955
+9,717
| +37% | +$351K |
|
2060
Gladstone Investment Corp
GAIN
$544M
| $1.3M | ﹤0.01% |
111,900
+27,800
| +33% | +$322K |
|
2061
Natural Resource Partners
NRP
$1.34B
| $1.29M | ﹤0.01% |
30,810
| – | – |
|
2062
Clearwater Paper
CLW
$344M
| $1.29M | ﹤0.01% |
66,372
-5,017
| -7% | -$97.7K |
|
2063
Monarch Casino & Resort
MCRI
$1.9B
| $1.29M | ﹤0.01% |
29,431
| – | – |
|
2064
M/I Homes
MHO
$4.07B
| $1.29M | ﹤0.01% |
48,556
-5,641
| -10% | -$150K |
|
2065
Agilysys
AGYS
$2.97B
| $1.29M | ﹤0.01% |
60,947
+17,932
| +42% | +$380K |
|
2066
Kimball Electronics
KE
$741M
| $1.29M | ﹤0.01% |
83,057
-1,823
| -2% | -$28.2K |
|
2067
Seacoast Banking Corp of Florida
SBCF
$2.71B
| $1.29M | ﹤0.01% |
48,748
-1,508
| -3% | -$39.8K |
|
2068
Team
TISI
$81.8M
| $1.28M | ﹤0.01% |
7,331
-259
| -3% | -$45.3K |
|
2069
Sierra Bancorp
BSRR
$408M
| $1.28M | ﹤0.01% |
52,773
-782
| -1% | -$19K |
|
2070
DLH Holdings
DLHC
$79.1M
| $1.28M | ﹤0.01% |
+200,266
| New | +$1.28M |
|
2071
Enphase Energy
ENPH
$4.92B
| $1.28M | ﹤0.01% |
138,710
-4,294
| -3% | -$39.6K |
|
2072
Universal Electronics
UEIC
$62.3M
| $1.28M | ﹤0.01% |
34,402
-2,134
| -6% | -$79.3K |
|
2073
Arrow Financial
AROW
$478M
| $1.28M | ﹤0.01% |
44,947
-3,635
| -7% | -$103K |
|
2074
Oil States International
OIS
$341M
| $1.28M | ﹤0.01% |
75,205
-17,048
| -18% | -$289K |
|
2075
Helios Technologies
HLIO
$1.8B
| $1.27M | ﹤0.01% |
27,400
-700
| -2% | -$32.5K |
|