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 | |
|---|---|---|---|---|---|---|
2101
Phibro Animal Health
PAHC
$1.61B
| $1.48M | ﹤0.01% |
34,585
-4,034
| -10% | -$173K |
|
2102
Mercantile Bank Corp
MBWM
$775M
| $1.48M | ﹤0.01% |
44,365
-2,641
| -6% | -$88.1K |
|
|
ORIT
2103
DELISTED
Oritani Financial Corp. New
ORIT
| $1.48M | ﹤0.01% |
95,139
-24
| -0% | -$373 |
|
|
WIN
2104
DELISTED
Windstream Holdings Inc
WIN
| $1.48M | ﹤0.01% |
301,891
+80,273
| +36% | +$393K |
|
|
ASXC
2105
DELISTED
Asensus Surgical, Inc.
ASXC
| $1.48M | ﹤0.01% |
19,595
+5,636
| +40% | +$425K |
|
2106
Hess Midstream
HESM
$5.15B
| $1.47M | ﹤0.01% |
+64,608
| New | +$1.47M |
|
|
TPC
2107
Tutor Perini Corporation
TPC
$3.37B
| $1.47M | ﹤0.01% |
78,241
+3,370
| +5% | +$63.4K |
|
2108
Oppenheimer Holdings
OPY
$806M
| $1.47M | ﹤0.01% |
46,512
+11,608
| +33% | +$367K |
|
|
STBZ
2109
DELISTED
State Bank Financial Corporation. Common Stock
STBZ
| $1.47M | ﹤0.01% |
48,677
-9,810
| -17% | -$296K |
|
2110
Rocky Brands
RCKY
$215M
| $1.47M | ﹤0.01% |
51,840
+344
| +0.7% | +$9.74K |
|
2111
Old Second Bancorp
OSBC
$961M
| $1.46M | ﹤0.01% |
94,683
-942
| -1% | -$14.6K |
|
2112
Atlanta Braves Holdings Series B
BATRK
$2.64B
| $1.46M | ﹤0.01% |
53,610
+2,446
| +5% | +$66.7K |
|
|
VRTV
2113
DELISTED
VERITIV CORPORATION
VRTV
| $1.46M | ﹤0.01% |
40,063
-3,196
| -7% | -$116K |
|
|
BKS
2114
DELISTED
Barnes & Noble
BKS
| $1.46M | ﹤0.01% |
251,249
+13,971
| +6% | +$81K |
|
2115
DocuSign
DOCU
$16.1B
| $1.45M | ﹤0.01% |
27,644
+22,669
| +456% | +$1.19M |
|
2116
NewtekOne
NEWT
$303M
| $1.45M | ﹤0.01% |
69,332
+12,398
| +22% | +$260K |
|
2117
MidWestOne Financial Group
MOFG
$604M
| $1.45M | ﹤0.01% |
43,554
+290
| +0.7% | +$9.66K |
|
2118
Tronox
TROX
$767M
| $1.45M | ﹤0.01% |
121,355
-697
| -0.6% | -$8.33K |
|
2119
Applied Optoelectronics
AAOI
$1.69B
| $1.45M | ﹤0.01% |
58,700
+20,600
| +54% | +$508K |
|
|
USDP
2120
DELISTED
USD PARTNERS LP
USDP
| $1.45M | ﹤0.01% |
150,000
| – | – |
|
|
ECHO
2121
DELISTED
Echo Global Logistics, Inc.
ECHO
| $1.45M | ﹤0.01% |
46,753
+8,872
| +23% | +$275K |
|
|
CTRL
2122
DELISTED
Control4 Corporation
CTRL
| $1.45M | ﹤0.01% |
42,081
-3,000
| -7% | -$103K |
|
|
LABL
2123
DELISTED
Multi-Color Corp
LABL
| $1.44M | ﹤0.01% |
23,200
-4,228
| -15% | -$263K |
|
|
SRG
2124
Seritage Growth Properties
SRG
$237M
| $1.44M | ﹤0.01% |
30,330
+1,630
| +6% | +$77.4K |
|
2125
Allient
ALNT
$779M
| $1.43M | ﹤0.01% |
39,531
-1,650
| -4% | -$59.9K |
|