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 | |
|---|---|---|---|---|---|---|
|
IPHS
2076
DELISTED
Innophos Holdings, Inc.
IPHS
| $1.27M | ﹤0.01% |
42,284
-19,549
| -32% | -$589K |
|
|
MNR
2077
DELISTED
Monmouth Real Estate Investment Corp
MNR
| $1.27M | ﹤0.01% |
96,417
+3,898
| +4% | +$51.4K |
|
2078
Ethan Allen Interiors
ETD
$742M
| $1.27M | ﹤0.01% |
66,111
-21,281
| -24% | -$407K |
|
2079
AtriCure
ATRC
$1.74B
| $1.26M | ﹤0.01% |
47,159
+1,321
| +3% | +$35.4K |
|
2080
Northrim BanCorp
NRIM
$504M
| $1.26M | ﹤0.01% |
36,568
-4,375
| -11% | -$151K |
|
2081
SunCoke Energy
SXC
$654M
| $1.26M | ﹤0.01% |
148,041
-13,649
| -8% | -$116K |
|
|
AIFU
2082
AIFU Inc. Class A Ordinary Share
AIFU
$82.6M
| $1.25M | ﹤0.01% |
2,385
-51
| -2% | -$26.8K |
|
2083
Quanex
NX
$661M
| $1.25M | ﹤0.01% |
78,807
+927
| +1% | +$14.7K |
|
2084
Theravance Biopharma
TBPH
$720M
| $1.25M | ﹤0.01% |
55,200
-1,500
| -3% | -$34K |
|
|
AXAS
2085
DELISTED
Abraxas Petroleum Corporation
AXAS
| $1.25M | ﹤0.01% |
50,057
| – | – |
|
2086
CorVel
CRVL
$4.39B
| $1.25M | ﹤0.01% |
57,384
-2,298
| -4% | -$50K |
|
2087
CEVA Inc
CEVA
$564M
| $1.25M | ﹤0.01% |
46,181
| – | – |
|
2088
Codexis
CDXS
$219M
| $1.24M | ﹤0.01% |
60,326
+1,828
| +3% | +$37.5K |
|
|
RRD
2089
DELISTED
RR Donnelley & Sons Co.
RRD
| $1.24M | ﹤0.01% |
262,365
-55,346
| -17% | -$261K |
|
2090
Rigel Pharmaceuticals
RIGL
$681M
| $1.23M | ﹤0.01% |
48,000
| – | – |
|
2091
Shutterstock
SSTK
$742M
| $1.23M | ﹤0.01% |
26,474
-600
| -2% | -$28K |
|
2092
Sangamo Therapeutics
SGMO
$152M
| $1.23M | ﹤0.01% |
129,030
-3,200
| -2% | -$30.5K |
|
2093
Axogen
AXGN
$755M
| $1.23M | ﹤0.01% |
58,400
-26,862
| -32% | -$566K |
|
|
SBR
2094
Sabine Royalty Trust
SBR
$1.12B
| $1.23M | ﹤0.01% |
26,431
-4,031
| -13% | -$188K |
|
2095
Alpha and Omega Semiconductor
AOSL
$853M
| $1.23M | ﹤0.01% |
106,792
-3,881
| -4% | -$44.7K |
|
2096
Permian Resources
PR
$9.63B
| $1.23M | ﹤0.01% |
139,400
-2,100
| -1% | -$18.5K |
|
|
SRG
2097
Seritage Growth Properties
SRG
$237M
| $1.22M | ﹤0.01% |
27,545
-2,357
| -8% | -$105K |
|
2098
Mercantile Bank Corp
MBWM
$775M
| $1.22M | ﹤0.01% |
37,288
-6,378
| -15% | -$209K |
|
2099
Andersons Inc
ANDE
$1.38B
| $1.22M | ﹤0.01% |
37,833
-2,258
| -6% | -$72.8K |
|
|
KNL
2100
DELISTED
Knoll, Inc.
KNL
| $1.22M | ﹤0.01% |
64,388
-31,113
| -33% | -$589K |
|