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 | |
|---|---|---|---|---|---|---|
2226
FIVE9
FIVN
$2B
| $1.13M | ﹤0.01% |
37,944
-10,624
| -22% | -$316K |
|
2227
Gladstone Investment Corp
GAIN
$544M
| $1.13M | ﹤0.01% |
111,800
-10,800
| -9% | -$109K |
|
2228
OneSpan
OSPN
$588M
| $1.13M | ﹤0.01% |
87,200
| – | – |
|
2229
West Bancorporation
WTBA
$344M
| $1.13M | ﹤0.01% |
44,100
-2,080
| -5% | -$53.3K |
|
2230
BlackRock TCP Capital
TCPC
$605M
| $1.13M | ﹤0.01% |
79,300
-11,200
| -12% | -$159K |
|
2231
Sierra Bancorp
BSRR
$408M
| $1.13M | ﹤0.01% |
42,225
| – | – |
|
2232
Clearway Energy Class A
CWEN.A
$3.21B
| $1.12M | ﹤0.01% |
68,300
-22,872
| -25% | -$376K |
|
2233
Installed Building Products
IBP
$7.27B
| $1.12M | ﹤0.01% |
18,709
-9,698
| -34% | -$582K |
|
2234
Calumet Specialty Products
CLMT
$1.51B
| $1.12M | ﹤0.01% |
159,042
+6,813
| +4% | +$48K |
|
2235
Omega Flex
OFLX
$340M
| $1.12M | ﹤0.01% |
17,200
| – | – |
|
|
TUES
2236
DELISTED
Tuesday Morning Corp
TUES
| $1.12M | ﹤0.01% |
282,214
-137,717
| -33% | -$544K |
|
2237
Primoris Services
PRIM
$6.59B
| $1.11M | ﹤0.01% |
44,238
+19,605
| +80% | +$490K |
|
|
RPXC
2238
DELISTED
RPX Corporation
RPXC
| $1.1M | ﹤0.01% |
103,227
+11,143
| +12% | +$119K |
|
2239
Moelis & Co
MC
$5.54B
| $1.1M | ﹤0.01% |
21,700
+2,312
| +12% | +$118K |
|
2240
Applied Optoelectronics
AAOI
$1.69B
| $1.1M | ﹤0.01% |
43,935
-10,299
| -19% | -$258K |
|
|
BHR
2241
Braemar Hotels & Resorts
BHR
$203M
| $1.1M | ﹤0.01% |
114,388
-10,044
| -8% | -$96.7K |
|
2242
Great Lakes Dredge & Dock
GLDD
$821M
| $1.1M | ﹤0.01% |
239,280
-37,498
| -14% | -$173K |
|
2243
Bar Harbor Bankshares
BHB
$540M
| $1.1M | ﹤0.01% |
39,645
| – | – |
|
2244
Safety Insurance
SAFT
$1.1B
| $1.09M | ﹤0.01% |
14,177
+1,347
| +10% | +$104K |
|
2245
Marchex
MCHX
$86.6M
| $1.09M | ﹤0.01% |
398,790
| – | – |
|
2246
Silgan Holdings
SLGN
$4.71B
| $1.09M | ﹤0.01% |
39,118
-5,571
| -12% | -$155K |
|
2247
Coca-Cola Consolidated
COKE
$10.6B
| $1.09M | ﹤0.01% |
63,020
+4,350
| +7% | +$75.1K |
|
|
HTLF
2248
DELISTED
Heartland Financial USA, Inc.
HTLF
| $1.09M | ﹤0.01% |
20,465
+7,635
| +60% | +$405K |
|
2249
Nathan's Famous
NATH
$441M
| $1.09M | ﹤0.01% |
14,681
-1,536
| -9% | -$114K |
|
2250
Bank of N.T. Butterfield & Son
NTB
$1.89B
| $1.08M | ﹤0.01% |
24,132
-8,232
| -25% | -$369K |
|