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 | |
|---|---|---|---|---|---|---|
2101
Diamond Hill
DHIL
$387M
| $1.21M | ﹤0.01% |
8,656
| – | – |
|
|
FLNT
2102
Fluent
FLNT
$49M
| $1.21M | ﹤0.01% |
+35,937
| New | +$1.21M |
|
2103
Paysign
PAYS
$301M
| $1.21M | ﹤0.01% |
+152,500
| New | +$1.21M |
|
2104
Univest Financial
UVSP
$886M
| $1.21M | ﹤0.01% |
49,541
-22,329
| -31% | -$546K |
|
2105
VSE Corp
VSEC
$3.4B
| $1.21M | ﹤0.01% |
38,386
+7,202
| +23% | +$227K |
|
|
AHH
2106
Armada Hoffler Properties
AHH
$596M
| $1.21M | ﹤0.01% |
77,584
-1,900
| -2% | -$29.6K |
|
2107
Surmodics
SRDX
$457M
| $1.21M | ﹤0.01% |
27,825
-300
| -1% | -$13K |
|
2108
Johnson Outdoors
JOUT
$422M
| $1.21M | ﹤0.01% |
16,930
-1,456
| -8% | -$104K |
|
2109
StoneX
SNEX
$5.04B
| $1.21M | ﹤0.01% |
70,142
-9,249
| -12% | -$159K |
|
|
NSTG
2110
DELISTED
NanoString Technologies, Inc.
NSTG
| $1.21M | ﹤0.01% |
50,468
+3,608
| +8% | +$86.4K |
|
|
CONN
2111
DELISTED
Conn's Inc.
CONN
| $1.21M | ﹤0.01% |
52,701
-3,990
| -7% | -$91.2K |
|
|
QUOT
2112
DELISTED
Quotient Technology Inc
QUOT
| $1.2M | ﹤0.01% |
121,859
-2,900
| -2% | -$28.6K |
|
2113
First Hawaiian
FHB
$3.19B
| $1.19M | ﹤0.01% |
45,755
-19,090
| -29% | -$497K |
|
|
SEMG
2114
DELISTED
SEMGROUP CORPORATION
SEMG
| $1.19M | ﹤0.01% |
80,855
+12,355
| +18% | +$182K |
|
2115
Hackett Group
HCKT
$575M
| $1.19M | ﹤0.01% |
75,367
+20,462
| +37% | +$323K |
|
2116
ANI Pharmaceuticals
ANIP
$2.12B
| $1.18M | ﹤0.01% |
16,771
| – | – |
|
|
AERI
2117
DELISTED
Aerie Pharmaceuticals, Inc.
AERI
| $1.18M | ﹤0.01% |
24,900
-400
| -2% | -$19K |
|
2118
Rocky Brands
RCKY
$215M
| $1.18M | ﹤0.01% |
49,297
-2,543
| -5% | -$60.9K |
|
2119
Orion
OEC
$521M
| $1.18M | ﹤0.01% |
62,061
-941
| -1% | -$17.9K |
|
|
TPC
2120
Tutor Perini Corporation
TPC
$3.37B
| $1.17M | ﹤0.01% |
68,521
-13,007
| -16% | -$223K |
|
2121
Sonic Automotive
SAH
$2.73B
| $1.17M | ﹤0.01% |
79,135
-30,317
| -28% | -$449K |
|
|
XENT
2122
DELISTED
Intersect ENT, Inc
XENT
| $1.17M | ﹤0.01% |
+36,300
| New | +$1.17M |
|
2123
Flexsteel Industries
FLXS
$258M
| $1.17M | ﹤0.01% |
50,300
+31,700
| +170% | +$735K |
|
2124
GrafTech
EAF
$261M
| $1.17M | ﹤0.01% |
9,111
-210
| -2% | -$26.9K |
|
|
RPT
2125
DELISTED
RPT Realty Common Shares of Beneficial Interest (MD)
RPT
| $1.17M | ﹤0.01% |
96,978
-37,970
| -28% | -$456K |
|