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 |
ATH
Athene Holding Ltd. Class A Common Shares
ATH
|
+$282M |
| 2 |
Alphabet (Google) Class A
GOOGL
|
+$224M |
| 3 |
JOBS
51job, Inc.
JOBS
|
+$26.8M |
| 4 |
Intel
INTC
|
+$24.2M |
| 5 |
WP
Worldpay, Inc.
WP
|
+$22.7M |
Top Sells
| 1 |
Alphabet (Google) Class C
GOOG
|
+$312M |
| 2 |
Amazon
AMZN
|
+$153M |
| 3 |
Johnson & Johnson
JNJ
|
+$75.8M |
| 4 |
Microsoft
MSFT
|
+$69.7M |
| 5 |
Honeywell
HON
|
+$60.9M |
Sector Composition
| 1 | Financials | 18.48% |
| 2 | Technology | 16.84% |
| 3 | Healthcare | 12.76% |
| 4 | Industrials | 10.58% |
| 5 | Consumer Discretionary | 10.45% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
MCBC
2201
DELISTED
Macatawa Bank Corp
MCBC
| $1.19M | ﹤0.01% |
115,552
| – | – |
|
2202
National Research Corp
NRC
$369M
| $1.18M | ﹤0.01% |
40,389
-3,390
| -8% | -$99.1K |
|
|
AFI
2203
DELISTED
Armstrong Flooring, Inc.
AFI
| $1.18M | ﹤0.01% |
86,965
-13,319
| -13% | -$181K |
|
|
LTS
2204
DELISTED
Ladenburg Thalmann Financial Services Inc
LTS
| $1.18M | ﹤0.01% |
360,800
| – | – |
|
2205
OceanFirst Financial
OCFC
$1.04B
| $1.18M | ﹤0.01% |
44,050
+6,891
| +19% | +$184K |
|
2206
Travere Therapeutics
TVTX
$2.09B
| $1.18M | ﹤0.01% |
52,701
| – | – |
|
2207
Arbor Realty Trust
ABR
$2.25B
| $1.18M | ﹤0.01% |
133,200
-91,610
| -41% | -$808K |
|
|
CHUBK
2208
DELISTED
CommerceHub, Inc. Series C Common Stock
CHUBK
| $1.17M | ﹤0.01% |
52,220
| – | – |
|
2209
Oppenheimer Holdings
OPY
$806M
| $1.17M | ﹤0.01% |
45,469
-8,888
| -16% | -$229K |
|
|
I
2210
DELISTED
INTELSAT S. A.
I
| $1.17M | ﹤0.01% |
310,661
-108,647
| -26% | -$408K |
|
|
HMHC
2211
DELISTED
Houghton Mifflin Harcourt Company
HMHC
| $1.17M | ﹤0.01% |
167,952
-24,181
| -13% | -$168K |
|
2212
Community Trust Bancorp
CTBI
$1.03B
| $1.17M | ﹤0.01% |
25,774
-1,178
| -4% | -$53.2K |
|
2213
The Ensign Group
ENSG
$9.69B
| $1.16M | ﹤0.01% |
47,239
+26,890
| +132% | +$661K |
|
2214
White Mountains Insurance
WTM
$4.54B
| $1.16M | ﹤0.01% |
1,408
-473
| -25% | -$389K |
|
2215
Assembly Biosciences
ASMB
$168M
| $1.15M | ﹤0.01% |
1,954
-414
| -17% | -$244K |
|
|
FFKT
2216
DELISTED
Farmers Capital Bank Corp
FFKT
| $1.15M | ﹤0.01% |
28,845
-4,079
| -12% | -$163K |
|
2217
A10 Networks
ATEN
$1.26B
| $1.15M | ﹤0.01% |
197,700
| – | – |
|
2218
Republic Bancorp
RBCAA
$1.48B
| $1.15M | ﹤0.01% |
30,052
-1,636
| -5% | -$62.7K |
|
2219
Shutterstock
SSTK
$742M
| $1.15M | ﹤0.01% |
23,800
| – | – |
|
2220
Rocky Brands
RCKY
$215M
| $1.15M | ﹤0.01% |
53,373
+4,076
| +8% | +$87.4K |
|
|
HIL
2221
DELISTED
Hill International, Inc. Common Stock
HIL
| $1.14M | ﹤0.01% |
200,559
-43,486
| -18% | -$248K |
|
|
DOOR
2222
DELISTED
MASONITE INTERNATIONAL CORP
DOOR
| $1.14M | ﹤0.01% |
18,600
+11,427
| +159% | +$701K |
|
2223
MidWestOne Financial Group
MOFG
$604M
| $1.14M | ﹤0.01% |
34,134
+7,034
| +26% | +$234K |
|
|
GLOG
2224
DELISTED
GASLOG LTD
GLOG
| $1.14M | ﹤0.01% |
69,046
+3,546
| +5% | +$58.3K |
|
2225
SPS Commerce
SPSC
$4B
| $1.13M | ﹤0.01% |
35,302
+5,332
| +18% | +$171K |
|