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 | |
|---|---|---|---|---|---|---|
2151
Veracyte
VCYT
$2.43B
| $1.36M | ﹤0.01% |
142,300
-6,300
| -4% | -$60.2K |
|
2152
Heritage Commerce
HTBK
$624M
| $1.35M | ﹤0.01% |
90,538
-6,332
| -7% | -$94.5K |
|
2153
CNB Financial Corp
CCNE
$761M
| $1.35M | ﹤0.01% |
46,712
-4,105
| -8% | -$118K |
|
2154
First Mid Bancshares
FMBH
$945M
| $1.35M | ﹤0.01% |
33,370
-12,686
| -28% | -$512K |
|
2155
Griffon
GFF
$3.61B
| $1.34M | ﹤0.01% |
83,190
+5,637
| +7% | +$91.1K |
|
2156
National Research Corp
NRC
$369M
| $1.34M | ﹤0.01% |
34,795
-1,109
| -3% | -$42.8K |
|
2157
Kopin
KOPN
$412M
| $1.34M | ﹤0.01% |
554,200
| – | – |
|
2158
Safe Bulkers
SB
$466M
| $1.34M | ﹤0.01% |
465,105
+3,650
| +0.8% | +$10.5K |
|
2159
Vericel Corp
VCEL
$1.62B
| $1.34M | ﹤0.01% |
94,724
+39,029
| +70% | +$552K |
|
2160
Manitowoc
MTW
$362M
| $1.34M | ﹤0.01% |
55,657
-4,100
| -7% | -$98.3K |
|
2161
Republic Bancorp
RBCAA
$1.48B
| $1.33M | ﹤0.01% |
28,923
-1,200
| -4% | -$55.3K |
|
2162
Addus HomeCare
ADUS
$2.03B
| $1.33M | ﹤0.01% |
18,981
+7,986
| +73% | +$560K |
|
|
IPHI
2163
DELISTED
INPHI CORPORATION
IPHI
| $1.33M | ﹤0.01% |
35,032
-3,500
| -9% | -$133K |
|
2164
Vicor
VICR
$2.28B
| $1.33M | ﹤0.01% |
28,921
+134
| +0.5% | +$6.16K |
|
2165
White Mountains Insurance
WTM
$4.54B
| $1.33M | ﹤0.01% |
1,418
-294
| -17% | -$275K |
|
2166
Koppers
KOP
$567M
| $1.33M | ﹤0.01% |
42,547
+7,634
| +22% | +$238K |
|
2167
Omega Flex
OFLX
$340M
| $1.33M | ﹤0.01% |
18,625
+558
| +3% | +$39.7K |
|
2168
BlackRock TCP Capital
TCPC
$605M
| $1.33M | ﹤0.01% |
93,100
-16,800
| -15% | -$239K |
|
2169
Washington Trust Bancorp
WASH
$573M
| $1.32M | ﹤0.01% |
23,902
-2,445
| -9% | -$135K |
|
2170
Caesarstone
CSTE
$48.4M
| $1.32M | ﹤0.01% |
71,228
-52
| -0.1% | -$964 |
|
|
SNR
2171
DELISTED
NEW SENIOR INVESTMENT GROUP INC.
SNR
| $1.31M | ﹤0.01% |
222,522
+8,956
| +4% | +$52.8K |
|
2172
PetMed Express
PETS
$57.8M
| $1.31M | ﹤0.01% |
39,582
-983
| -2% | -$32.5K |
|
|
KANG
2173
DELISTED
iKang Healthcare Group, Inc.
KANG
| $1.31M | ﹤0.01% |
72,164
+14,491
| +25% | +$262K |
|
2174
Global Net Lease
GNL
$1.81B
| $1.3M | ﹤0.01% |
62,540
-1,956
| -3% | -$40.8K |
|
2175
Esperion Therapeutics
ESPR
$573M
| $1.3M | ﹤0.01% |
29,300
-5,178
| -15% | -$230K |
|