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 |
DuPont de Nemours
DD
|
+$176M |
| 2 |
Microsoft
MSFT
|
+$97.3M |
| 3 |
Apple
AAPL
|
+$66.4M |
| 4 |
Meta Platforms (Facebook)
META
|
+$61.7M |
| 5 |
Alphabet (Google) Class C
GOOG
|
+$59.5M |
Top Sells
| 1 |
DD
Du Pont De Nemours E I
DD
|
+$173M |
| 2 |
BHI
Baker Hughes
BHI
|
+$56.5M |
| 3 |
Synchrony
SYF
|
+$40.3M |
| 4 |
Alibaba
BABA
|
+$38.7M |
| 5 |
AABA
Altaba Inc. Common Stock
AABA
|
+$35.1M |
Sector Composition
| 1 | Financials | 17.96% |
| 2 | Technology | 15.59% |
| 3 | Healthcare | 13.08% |
| 4 | Industrials | 10.91% |
| 5 | Consumer Discretionary | 9.81% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
LEAF
2101
DELISTED
Leaf Group Ltd.
LEAF
| $1.38M | ﹤0.01% |
200,040
| – | – |
|
2102
Koppers
KOP
$567M
| $1.38M | ﹤0.01% |
29,792
-508
| -2% | -$23.4K |
|
2103
Atlanta Braves Holdings Series B
BATRK
$2.64B
| $1.37M | ﹤0.01% |
54,364
| – | – |
|
2104
Hanmi Financial
HAFC
$748M
| $1.37M | ﹤0.01% |
44,393
+193
| +0.4% | +$5.97K |
|
2105
Horizon Bancorp
HBNC
$833M
| $1.37M | ﹤0.01% |
70,601
| – | – |
|
|
AUD
2106
DELISTED
Audacy, Inc.
AUD
| $1.37M | ﹤0.01% |
119,900
-5,400
| -4% | -$61.8K |
|
2107
Clearway Energy Class A
CWEN.A
$3.21B
| $1.37M | ﹤0.01% |
72,347
+547
| +0.8% | +$10.4K |
|
2108
Heidrick & Struggles
HSII
$1.03B
| $1.37M | ﹤0.01% |
64,794
+5,194
| +9% | +$110K |
|
2109
Usana Health Sciences
USNA
$557M
| $1.37M | ﹤0.01% |
23,739
+6,239
| +36% | +$360K |
|
2110
German American Bancorp
GABC
$1.53B
| $1.37M | ﹤0.01% |
35,990
-610
| -2% | -$23.2K |
|
|
ANCX
2111
DELISTED
Access National Corporation
ANCX
| $1.37M | ﹤0.01% |
47,746
-8,600
| -15% | -$246K |
|
2112
Performance Food Group
PFGC
$16.6B
| $1.37M | ﹤0.01% |
48,386
+8,786
| +22% | +$248K |
|
2113
Progress Software
PRGS
$1.81B
| $1.37M | ﹤0.01% |
35,804
+4,304
| +14% | +$164K |
|
|
LXFT
2114
DELISTED
Luxoft Holding, Inc.
LXFT
| $1.37M | ﹤0.01% |
28,548
+2,348
| +9% | +$112K |
|
2115
Univest Financial
UVSP
$886M
| $1.36M | ﹤0.01% |
42,577
+1,877
| +5% | +$60K |
|
2116
Arrow Financial
AROW
$478M
| $1.36M | ﹤0.01% |
47,252
-493
| -1% | -$14.2K |
|
|
CALL
2117
DELISTED
magicJack VocalTec Ltd
CALL
| $1.36M | ﹤0.01% |
189,545
+19,045
| +11% | +$136K |
|
2118
Banc of California
BANC
$2.62B
| $1.35M | ﹤0.01% |
65,267
+3,067
| +5% | +$63.6K |
|
|
AHH
2119
Armada Hoffler Properties
AHH
$596M
| $1.35M | ﹤0.01% |
97,649
+9,349
| +11% | +$129K |
|
2120
Winmark
WINA
$1.74B
| $1.34M | ﹤0.01% |
10,200
| – | – |
|
|
CYOU
2121
DELISTED
Changyou.com Limited American Depositary Share
CYOU
| $1.34M | ﹤0.01% |
33,906
+6,806
| +25% | +$270K |
|
2122
Miller Industries
MLR
$455M
| $1.34M | ﹤0.01% |
47,933
+1,133
| +2% | +$31.7K |
|
|
FLIC
2123
DELISTED
First of Long Island Corp
FLIC
| $1.33M | ﹤0.01% |
43,650
| – | – |
|
2124
Aspen Aerogels
ASPN
$543M
| $1.33M | ﹤0.01% |
305,000
| – | – |
|
2125
Heritage Commerce
HTBK
$624M
| $1.33M | ﹤0.01% |
93,200
| – | – |
|