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 | |
|---|---|---|---|---|---|---|
2126
Hecla Mining
HL
$7.51B
| $1.16M | ﹤0.01% |
505,838
-11,400
| -2% | -$26.2K |
|
|
NWLI
2127
DELISTED
National Western Life Group, Inc. Class A
NWLI
| $1.16M | ﹤0.01% |
4,426
-1,659
| -27% | -$436K |
|
2128
Gaia
GAIA
$152M
| $1.16M | ﹤0.01% |
126,905
+74,500
| +142% | +$682K |
|
2129
Financial Institutions
FISI
$545M
| $1.16M | ﹤0.01% |
42,583
-7,197
| -14% | -$196K |
|
2130
West Bancorporation
WTBA
$344M
| $1.16M | ﹤0.01% |
55,920
| – | – |
|
|
MCBC
2131
DELISTED
Macatawa Bank Corp
MCBC
| $1.16M | ﹤0.01% |
116,303
| – | – |
|
|
BHVN
2132
DELISTED
Biohaven Pharmaceutical Holding Company Ltd.
BHVN
| $1.15M | ﹤0.01% |
22,425
+4,825
| +27% | +$248K |
|
2133
Cohen & Steers
CNS
$3.65B
| $1.15M | ﹤0.01% |
27,216
-4,915
| -15% | -$208K |
|
2134
Bank of Marin Bancorp
BMRC
$398M
| $1.15M | ﹤0.01% |
28,244
| – | – |
|
|
USCR
2135
DELISTED
U S Concrete, Inc.
USCR
| $1.15M | ﹤0.01% |
27,749
-770
| -3% | -$31.9K |
|
2136
Ameresco
AMRC
$1.44B
| $1.15M | ﹤0.01% |
70,784
-2,668
| -4% | -$43.2K |
|
2137
Ezcorp Inc
EZPW
$1.04B
| $1.14M | ﹤0.01% |
122,637
-57,693
| -32% | -$538K |
|
|
SRGA
2138
DELISTED
Surgalign Holdings, Inc. Common Stock
SRGA
| $1.14M | ﹤0.01% |
6,317
| – | – |
|
2139
Commercial Vehicle Group
CVGI
$72.9M
| $1.13M | ﹤0.01% |
147,786
-8,525
| -5% | -$65.4K |
|
|
FARO
2140
DELISTED
Faro Technologies
FARO
| $1.13M | ﹤0.01% |
25,832
-600
| -2% | -$26.3K |
|
|
LDL
2141
DELISTED
Lydall, Inc.
LDL
| $1.13M | ﹤0.01% |
48,322
-23,323
| -33% | -$547K |
|
|
EGLE
2142
DELISTED
Eagle Bulk Shipping Inc.
EGLE
| $1.13M | ﹤0.01% |
34,846
| – | – |
|
2143
Freshpet
FRPT
$2.67B
| $1.13M | ﹤0.01% |
26,775
+1,338
| +5% | +$56.6K |
|
|
HCCI
2144
DELISTED
Heritage-Crystal Clean, Inc.
HCCI
| $1.13M | ﹤0.01% |
41,222
| – | – |
|
2145
MACOM Technology Solutions
MTSI
$9.82B
| $1.13M | ﹤0.01% |
67,700
-1,900
| -3% | -$31.7K |
|
2146
Old Second Bancorp
OSBC
$961M
| $1.13M | ﹤0.01% |
89,832
-1,344
| -1% | -$16.9K |
|
|
ARQL
2147
DELISTED
Arqule Inc
ARQL
| $1.13M | ﹤0.01% |
236,016
-157,035
| -40% | -$753K |
|
|
HIFR
2148
DELISTED
InfraREIT, Inc.
HIFR
| $1.13M | ﹤0.01% |
53,933
+7,793
| +17% | +$163K |
|
2149
Warrior Met Coal
HCC
$3.04B
| $1.13M | ﹤0.01% |
37,170
| – | – |
|
2150
Synchronoss Technologies
SNCR
$66.9M
| $1.13M | ﹤0.01% |
20,633
+14,355
| +229% | +$785K |
|