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 | |
|---|---|---|---|---|---|---|
2301
Box
BOX
$4.7B
| $1.05M | ﹤0.01% |
+41,852
| New | +$1.05M |
|
2302
Comstock Resources
CRK
$4.67B
| $1.05M | ﹤0.01% |
99,520
| – | – |
|
2303
CRISPR Therapeutics
CRSP
$5.12B
| $1.05M | ﹤0.01% |
+17,794
| New | +$1.05M |
|
2304
First Financial Corporation Common Stock
THFF
$691M
| $1.05M | ﹤0.01% |
23,070
+670
| +3% | +$30.4K |
|
2305
Oil-Dri
ODC
$959M
| $1.05M | ﹤0.01% |
49,600
| – | – |
|
|
ITCI
2306
DELISTED
Intra-Cellular Therapies Inc.
ITCI
| $1.04M | ﹤0.01% |
59,105
+7,705
| +15% | +$136K |
|
|
TBHC
2307
The Brand House Collective, Inc. Common Stock
TBHC
$53.2M
| $1.04M | ﹤0.01% |
89,504
-33,921
| -27% | -$395K |
|
2308
Twin Disc
TWIN
$187M
| $1.04M | ﹤0.01% |
41,946
+446
| +1% | +$11.1K |
|
2309
Trupanion
TRUP
$1.87B
| $1.04M | ﹤0.01% |
26,899
-18,097
| -40% | -$698K |
|
|
APTS
2310
DELISTED
Preferred Apartment Communities, Inc.
APTS
| $1.03M | ﹤0.01% |
60,883
-27,044
| -31% | -$459K |
|
2311
Apellis Pharmaceuticals
APLS
$3.14B
| $1.03M | ﹤0.01% |
+46,916
| New | +$1.03M |
|
2312
Gladstone Investment Corp
GAIN
$544M
| $1.03M | ﹤0.01% |
87,600
-24,200
| -22% | -$285K |
|
2313
Waterstone Financial
WSBF
$275M
| $1.03M | ﹤0.01% |
60,355
+11,091
| +23% | +$189K |
|
2314
Ingles Markets
IMKTA
$1.32B
| $1.03M | ﹤0.01% |
32,252
-17,815
| -36% | -$567K |
|
2315
First Bancorp
FNLC
$301M
| $1.02M | ﹤0.01% |
36,295
+2,132
| +6% | +$60.2K |
|
2316
Provident Financial
PROV
$103M
| $1.02M | ﹤0.01% |
53,515
| – | – |
|
2317
Gaia
GAIA
$152M
| $1.02M | ﹤0.01% |
50,305
| – | – |
|
|
ZIXI
2318
DELISTED
Zix Corporation
ZIXI
| $1.02M | ﹤0.01% |
188,522
+12,022
| +7% | +$64.8K |
|
2319
AMC Entertainment Holdings
AMC
$1.44B
| $1.01M | ﹤0.01% |
6,379
-2,451
| -28% | -$390K |
|
2320
Evolution Petroleum
EPM
$179M
| $1.01M | ﹤0.01% |
102,947
+11,247
| +12% | +$111K |
|
2321
MYR Group
MYRG
$2.73B
| $1.01M | ﹤0.01% |
28,534
-14,606
| -34% | -$518K |
|
|
LJPC
2322
DELISTED
La Jolla Pharmaceutical Company
LJPC
| $1.01M | ﹤0.01% |
34,700
-7,600
| -18% | -$222K |
|
|
TLP
2323
DELISTED
Transmontaigne
TLP
| $1.01M | ﹤0.01% |
27,430
-523
| -2% | -$19.3K |
|
|
EEQ
2324
DELISTED
Enbridge Energy Management Llc
EEQ
| $1.01M | ﹤0.01% |
101,825
-9,195
| -8% | -$91.3K |
|
|
RDFN
2325
DELISTED
Redfin
RDFN
| $1.01M | ﹤0.01% |
43,737
+7,737
| +21% | +$179K |
|