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 |
AT&T
T
|
+$179M |
| 2 |
Alphabet (Google) Class C
GOOG
|
+$146M |
| 3 |
PepsiCo
PEP
|
+$65.1M |
| 4 |
Coca-Cola
KO
|
+$62.7M |
| 5 |
Pfizer
PFE
|
+$54.5M |
Top Sells
| 1 |
Alphabet (Google) Class A
GOOGL
|
+$279M |
| 2 |
TWX
Time Warner Inc
TWX
|
+$178M |
| 3 |
Apple
AAPL
|
+$164M |
| 4 |
Microsoft
MSFT
|
+$135M |
| 5 |
Amazon
AMZN
|
+$134M |
Sector Composition
| 1 | Financials | 17.85% |
| 2 | Technology | 16.79% |
| 3 | Healthcare | 13.11% |
| 4 | Consumer Discretionary | 10.49% |
| 5 | Industrials | 10.12% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
2126
Alarm.com
ALRM
$2.78B
| $1.42M | ﹤0.01% |
35,165
+9,536
| +37% | +$385K |
|
2127
Arbor Realty Trust
ABR
$2.25B
| $1.42M | ﹤0.01% |
135,787
+2,587
| +2% | +$27K |
|
|
TA
2128
DELISTED
TravelCenters of America LLC
TA
| $1.42M | ﹤0.01% |
80,906
-15,021
| -16% | -$263K |
|
2129
Western Midstream Partners
WES
$14.6B
| $1.41M | ﹤0.01% |
39,534
+19,204
| +94% | +$686K |
|
|
PDLI
2130
DELISTED
PDL BioPharma, Inc.
PDLI
| $1.41M | ﹤0.01% |
603,551
-310,001
| -34% | -$725K |
|
|
SN
2131
DELISTED
Sanchez Energy Corporation
SN
| $1.4M | ﹤0.01% |
309,864
+15,064
| +5% | +$68.1K |
|
2132
Emerald Holding
EEX
$980M
| $1.4M | ﹤0.01% |
67,756
-2,244
| -3% | -$46.2K |
|
2133
PJT Partners
PJT
$4.47B
| $1.4M | ﹤0.01% |
26,131
+814
| +3% | +$43.5K |
|
2134
Lifecore Biomedical
LFCR
$281M
| $1.39M | ﹤0.01% |
93,557
+16,037
| +21% | +$239K |
|
2135
Metallus
MTUS
$697M
| $1.39M | ﹤0.01% |
85,095
-5
| -0% | -$82 |
|
|
GTS
2136
DELISTED
Triple-S Management Corporation
GTS
| $1.39M | ﹤0.01% |
37,400
-25,819
| -41% | -$960K |
|
2137
Hanmi Financial
HAFC
$748M
| $1.39M | ﹤0.01% |
48,957
+3,747
| +8% | +$106K |
|
2138
NMI Holdings
NMIH
$3.08B
| $1.39M | ﹤0.01% |
85,164
-2,607
| -3% | -$42.5K |
|
2139
Veracyte
VCYT
$2.43B
| $1.39M | ﹤0.01% |
148,600
| – | – |
|
|
IVC
2140
DELISTED
Invacare Corporation
IVC
| $1.39M | ﹤0.01% |
74,620
-30,141
| -29% | -$561K |
|
|
TPC
2141
Tutor Perini Corporation
TPC
$3.37B
| $1.38M | ﹤0.01% |
74,871
-17,078
| -19% | -$315K |
|
2142
Griffon
GFF
$3.61B
| $1.38M | ﹤0.01% |
77,553
+4,429
| +6% | +$78.8K |
|
2143
MediWound
MDWD
$194M
| $1.38M | ﹤0.01% |
28,557
| – | – |
|
2144
Ducommun
DCO
$1.39B
| $1.38M | ﹤0.01% |
41,619
+759
| +2% | +$25.1K |
|
2145
Old Second Bancorp
OSBC
$961M
| $1.38M | ﹤0.01% |
95,625
+1,573
| +2% | +$22.7K |
|
|
MSB
2146
Mesabi Trust
MSB
$412M
| $1.38M | ﹤0.01% |
56,059
+7,859
| +16% | +$193K |
|
|
ONIT
2147
Onity Group Inc.
ONIT
$367M
| $1.38M | ﹤0.01% |
23,156
-17,845
| -44% | -$1.06M |
|
|
IIN
2148
DELISTED
IntriCon Corporation
IIN
| $1.38M | ﹤0.01% |
34,116
| – | – |
|
|
VIVO
2149
DELISTED
Meridian Bioscience Inc
VIVO
| $1.37M | ﹤0.01% |
86,386
+2,210
| +3% | +$35.2K |
|
2150
Safety Insurance
SAFT
$1.1B
| $1.37M | ﹤0.01% |
16,048
+1,871
| +13% | +$160K |
|