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 |
Alphabet (Google) Class A
GOOGL
|
+$394M |
| 2 |
Amazon
AMZN
|
+$114M |
| 3 |
iShares Core S&P 500 ETF
IVV
|
+$99.1M |
| 4 |
Unilever
UL
|
+$79.5M |
| 5 |
Alibaba
BABA
|
+$77.4M |
Top Sells
| 1 |
Alphabet (Google) Class C
GOOG
|
+$358M |
| 2 |
BCR
CR Bard Inc.
BCR
|
+$61.1M |
| 3 |
Apple
AAPL
|
+$37.6M |
| 4 |
LVLT
Level 3 Communications Inc
LVLT
|
+$32.4M |
| 5 |
BRCD
Brocade Communications Systems, Inc. NEW
BRCD
|
+$17.2M |
Sector Composition
| 1 | Financials | 17.93% |
| 2 | Technology | 15.61% |
| 3 | Healthcare | 12.62% |
| 4 | Industrials | 10.73% |
| 5 | Consumer Discretionary | 10.38% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
2126
Heritage Commerce
HTBK
$624M
| $1.43M | ﹤0.01% |
93,200
| – | – |
|
2127
Emerald Holding
EEX
$980M
| $1.42M | ﹤0.01% |
70,000
| – | – |
|
2128
ICF International
ICFI
$1.83B
| $1.42M | ﹤0.01% |
27,125
-2,340
| -8% | -$123K |
|
|
I
2129
DELISTED
INTELSAT S. A.
I
| $1.42M | ﹤0.01% |
419,308
+109,447
| +35% | +$371K |
|
2130
TriNet
TNET
$3.35B
| $1.42M | ﹤0.01% |
31,988
+1,800
| +6% | +$79.8K |
|
2131
First Interstate BancSystem
FIBK
$3.43B
| $1.42M | ﹤0.01% |
35,379
+2,917
| +9% | +$117K |
|
2132
TriCo Bancshares
TCBK
$1.48B
| $1.42M | ﹤0.01% |
37,416
+667
| +2% | +$25.3K |
|
2133
Interparfums
IPAR
$3.43B
| $1.41M | ﹤0.01% |
32,500
+800
| +3% | +$34.8K |
|
|
GRVY
2134
GRAVITY
GRVY
$445M
| $1.41M | ﹤0.01% |
29,850
| – | – |
|
2135
Griffon
GFF
$3.61B
| $1.41M | ﹤0.01% |
69,171
+3,460
| +5% | +$70.4K |
|
2136
Matthews International
MATW
$763M
| $1.41M | ﹤0.01% |
26,665
+1,600
| +6% | +$84.5K |
|
|
IHC
2137
DELISTED
Independence Holding Company
IHC
| $1.41M | ﹤0.01% |
51,260
| – | – |
|
2138
Team
TISI
$81.8M
| $1.4M | ﹤0.01% |
9,413
| – | – |
|
2139
Valhi
VHI
$458M
| $1.4M | ﹤0.01% |
18,942
| – | – |
|
|
AVTA
2140
DELISTED
Avantax, Inc. Common Stock
AVTA
| $1.4M | ﹤0.01% |
63,306
+2,929
| +5% | +$64.7K |
|
2141
NVE Corp
NVEC
$328M
| $1.39M | ﹤0.01% |
16,100
| – | – |
|
2142
BlackRock TCP Capital
TCPC
$605M
| $1.38M | ﹤0.01% |
90,500
+3,300
| +4% | +$50.4K |
|
2143
Bristow Group
VTOL
$1.09B
| $1.38M | ﹤0.01% |
64,297
| – | – |
|
2144
Utah Medical Products
UTMD
$200M
| $1.38M | ﹤0.01% |
16,950
| – | – |
|
2145
HealthStream
HSTM
$855M
| $1.38M | ﹤0.01% |
59,500
-2,688
| -4% | -$62.3K |
|
2146
Geospace Technologies
GEOS
$209M
| $1.37M | ﹤0.01% |
105,800
| – | – |
|
|
BMTC
2147
DELISTED
Bryn Mawr Bank Corp
BMTC
| $1.37M | ﹤0.01% |
31,032
+4,746
| +18% | +$210K |
|
|
AHH
2148
Armada Hoffler Properties
AHH
$596M
| $1.37M | ﹤0.01% |
88,300
-9,349
| -10% | -$145K |
|
2149
Miller Industries
MLR
$455M
| $1.37M | ﹤0.01% |
53,154
+5,221
| +11% | +$135K |
|
|
JKS
2150
JinkoSolar
JKS
$1.3B
| $1.37M | ﹤0.01% |
56,915
-376
| -0.7% | -$9.04K |
|