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 | |
|---|---|---|---|---|---|---|
2076
Community Trust Bancorp
CTBI
$1.03B
| $1.54M | ﹤0.01% |
30,798
+5,024
| +19% | +$251K |
|
2077
Lands' End
LE
$475M
| $1.54M | ﹤0.01% |
55,083
-23,587
| -30% | -$658K |
|
|
SBR
2078
Sabine Royalty Trust
SBR
$1.12B
| $1.53M | ﹤0.01% |
32,562
-7,380
| -18% | -$347K |
|
2079
Washington Trust Bancorp
WASH
$573M
| $1.53M | ﹤0.01% |
26,347
+761
| +3% | +$44.2K |
|
|
EPZM
2080
DELISTED
Epizyme, Inc
EPZM
| $1.53M | ﹤0.01% |
113,000
-22,500
| -17% | -$305K |
|
2081
CNB Financial Corp
CCNE
$761M
| $1.53M | ﹤0.01% |
50,817
+496
| +1% | +$14.9K |
|
2082
Theravance Biopharma
TBPH
$720M
| $1.53M | ﹤0.01% |
67,300
-6,100
| -8% | -$138K |
|
2083
Horizon Bancorp
HBNC
$833M
| $1.52M | ﹤0.01% |
73,489
+3,865
| +6% | +$79.9K |
|
|
BZUN
2084
Baozun
BZUN
$276M
| $1.52M | ﹤0.01% |
27,748
-8,639
| -24% | -$473K |
|
2085
Stratasys
SSYS
$835M
| $1.51M | ﹤0.01% |
78,773
+3,473
| +5% | +$66.5K |
|
|
BKS
2086
DELISTED
Barnes & Noble
BKS
| $1.51M | ﹤0.01% |
237,278
-121,028
| -34% | -$769K |
|
2087
WIX.com
WIX
$9.56B
| $1.51M | ﹤0.01% |
15,000
-1,300
| -8% | -$130K |
|
2088
Aspen Aerogels
ASPN
$543M
| $1.5M | ﹤0.01% |
305,000
| – | – |
|
2089
Timberland Bancorp
TSBK
$288M
| $1.49M | ﹤0.01% |
40,000
| – | – |
|
|
QADA
2090
DELISTED
QAD Inc.
QADA
| $1.49M | ﹤0.01% |
29,797
-9,662
| -24% | -$484K |
|
2091
AnaptysBio
ANAB
$655M
| $1.49M | ﹤0.01% |
21,018
-3,192
| -13% | -$227K |
|
2092
StoneX
SNEX
$5.04B
| $1.49M | ﹤0.01% |
64,775
+26,147
| +68% | +$601K |
|
2093
TrueCar
TRUE
$215M
| $1.49M | ﹤0.01% |
147,500
-12,000
| -8% | -$121K |
|
|
GST
2094
DELISTED
Gastar Exploration Inc.
GST
| $1.49M | ﹤0.01% |
2,653,900
| – | – |
|
2095
Ennis
EBF
$463M
| $1.48M | ﹤0.01% |
72,911
+9,190
| +14% | +$187K |
|
|
CNCE
2096
DELISTED
Concert Pharmaceuticals, Inc.
CNCE
| $1.48M | ﹤0.01% |
88,079
+3,079
| +4% | +$51.8K |
|
2097
Matrix Service
MTRX
$353M
| $1.48M | ﹤0.01% |
80,559
-49,954
| -38% | -$916K |
|
|
OMN
2098
DELISTED
OMNOVA Solutions Inc.
OMN
| $1.48M | ﹤0.01% |
141,883
-31,731
| -18% | -$330K |
|
2099
National CineMedia
NCMI
$455M
| $1.47M | ﹤0.01% |
17,533
-9,592
| -35% | -$806K |
|
|
MCBC
2100
DELISTED
Macatawa Bank Corp
MCBC
| $1.47M | ﹤0.01% |
121,203
+5,651
| +5% | +$68.6K |
|