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 | |
|---|---|---|---|---|---|---|
2326
McEwen Inc.
MUX
$748M
| $1M | ﹤0.01% |
48,422
+1,632
| +3% | +$33.8K |
|
2327
Investors Title Co
ITIC
$481M
| $1M | ﹤0.01% |
5,420
+307
| +6% | +$56.7K |
|
2328
McCormick & Company Voting
MKC.V
$18.5B
| $1M | ﹤0.01% |
17,272
+7,738
| +81% | +$448K |
|
|
LXFT
2329
DELISTED
Luxoft Holding, Inc.
LXFT
| $997K | ﹤0.01% |
27,057
+2,862
| +12% | +$105K |
|
|
AFI
2330
DELISTED
Armstrong Flooring, Inc.
AFI
| $996K | ﹤0.01% |
70,966
-15,999
| -18% | -$225K |
|
2331
The Bancorp
TBBK
$3.5B
| $993K | ﹤0.01% |
94,969
-91,111
| -49% | -$953K |
|
|
JAX
2332
DELISTED
J. Alexander's Holdings, Inc.
JAX
| $992K | ﹤0.01% |
88,973
| – | – |
|
|
WMC
2333
DELISTED
Western Asset Mortgage Capital Corporation
WMC
| $991K | ﹤0.01% |
9,508
-7,748
| -45% | -$808K |
|
|
TESS
2334
DELISTED
Tessco Technologies Inc
TESS
| $990K | ﹤0.01% |
57,253
+555
| +1% | +$9.6K |
|
2335
Assertio
ASRT
$78.3M
| $981K | ﹤0.01% |
36,752
+2,301
| +7% | +$61.4K |
|
2336
Cass Information Systems
CASS
$565M
| $980K | ﹤0.01% |
17,089
+1,909
| +13% | +$109K |
|
2337
Entravision Communication
EVC
$226M
| $979K | ﹤0.01% |
195,838
+14,109
| +8% | +$70.5K |
|
|
YELL
2338
DELISTED
Yellow Corporation Common Stock
YELL
| $979K | ﹤0.01% |
97,412
-38,341
| -28% | -$385K |
|
2339
Oppenheimer Holdings
OPY
$806M
| $977K | ﹤0.01% |
34,904
-10,565
| -23% | -$296K |
|
|
BHR
2340
Braemar Hotels & Resorts
BHR
$203M
| $974K | ﹤0.01% |
86,118
-28,270
| -25% | -$320K |
|
|
CNR
2341
DELISTED
Cornerstone Building Brands, Inc.
CNR
| $973K | ﹤0.01% |
46,319
+8,869
| +24% | +$186K |
|
2342
James River Group
JRVR
$244M
| $971K | ﹤0.01% |
24,723
-4,403
| -15% | -$173K |
|
2343
Bristow Group
VTOL
$1.09B
| $971K | ﹤0.01% |
37,501
-16,856
| -31% | -$436K |
|
2344
Capital City Bank Group
CCBG
$739M
| $970K | ﹤0.01% |
41,042
+1,927
| +5% | +$45.5K |
|
|
AM
2345
DELISTED
ANTERO MIDSTREAM PARTNERS LP
AM
| $970K | ﹤0.01% |
32,843
+17,593
| +115% | +$520K |
|
|
ORBC
2346
DELISTED
ORBCOMM, Inc.
ORBC
| $966K | ﹤0.01% |
95,621
+8,521
| +10% | +$86.1K |
|
|
VNET
2347
VNET Group
VNET
$2.57B
| $965K | ﹤0.01% |
99,462
-12,298
| -11% | -$119K |
|
2348
Home Bancorp
HBCP
$433M
| $964K | ﹤0.01% |
20,700
| – | – |
|
2349
Great Lakes Dredge & Dock
GLDD
$821M
| $960K | ﹤0.01% |
182,811
-56,469
| -24% | -$297K |
|
|
MITT
2350
AG Mortgage Investment Trust
MITT
$244M
| $960K | ﹤0.01% |
17,032
-10,863
| -39% | -$612K |
|