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 | |
|---|---|---|---|---|---|---|
|
BFX
2326
DELISTED
BowFlex Inc.
BFX
| $1.02M | ﹤0.01% |
72,766
-1,633
| -2% | -$22.8K |
|
2327
Carvana
CVNA
$50B
| $1.01M | ﹤0.01% |
17,155
+10,018
| +140% | +$592K |
|
|
PHH
2328
DELISTED
PHH Corporation
PHH
| $1.01M | ﹤0.01% |
91,817
-6,530
| -7% | -$71.8K |
|
2329
Capital City Bank Group
CCBG
$739M
| $1.01M | ﹤0.01% |
43,205
+2,163
| +5% | +$50.5K |
|
2330
First Bancorp
FNLC
$301M
| $1.01M | ﹤0.01% |
34,795
-1,500
| -4% | -$43.5K |
|
2331
Lantheus
LNTH
$3.6B
| $1.01M | ﹤0.01% |
67,258
-5,400
| -7% | -$80.8K |
|
2332
Warrior Met Coal
HCC
$3.04B
| $1.01M | ﹤0.01% |
+37,170
| New | +$1.01M |
|
2333
ANI Pharmaceuticals
ANIP
$2.12B
| $1M | ﹤0.01% |
17,765
-1,589
| -8% | -$89.8K |
|
2334
Ameresco
AMRC
$1.44B
| $1M | ﹤0.01% |
73,452
-2,700
| -4% | -$36.9K |
|
2335
Heidrick & Struggles
HSII
$1.03B
| $998K | ﹤0.01% |
29,478
+7,938
| +37% | +$269K |
|
|
MTL
2336
DELISTED
Mechel PAO American Depository Shares, each representing two ordinary shares (ADSs)
MTL
| $994K | ﹤0.01% |
314,476
-94,949
| -23% | -$300K |
|
|
APTS
2337
DELISTED
Preferred Apartment Communities, Inc.
APTS
| $993K | ﹤0.01% |
56,483
-4,400
| -7% | -$77.4K |
|
|
BNFT
2338
DELISTED
Benefitfocus, Inc.
BNFT
| $991K | ﹤0.01% |
24,500
-2,200
| -8% | -$89K |
|
2339
SolarEdge
SEDG
$1.72B
| $983K | ﹤0.01% |
26,117
+18,650
| +250% | +$702K |
|
2340
BankFinancial
BFIN
$153M
| $981K | ﹤0.01% |
61,521
| – | – |
|
|
LTS
2341
DELISTED
Ladenburg Thalmann Financial Services Inc
LTS
| $980K | ﹤0.01% |
363,104
-15,300
| -4% | -$41.3K |
|
|
OLBK
2342
DELISTED
Old Line Bancshares, Inc.
OLBK
| $980K | ﹤0.01% |
30,987
-1,550
| -5% | -$49K |
|
2343
Provident Financial
PROV
$103M
| $979K | ﹤0.01% |
53,515
| – | – |
|
2344
TruBridge
TBRG
$302M
| $976K | ﹤0.01% |
36,355
-1,500
| -4% | -$40.3K |
|
|
LGCY
2345
DELISTED
Legacy Reserves Inc. Common Stock
LGCY
| $972K | ﹤0.01% |
200,350
+9,850
| +5% | +$47.8K |
|
|
MCF
2346
DELISTED
Contango Oil & Gas Co.
MCF
| $968K | ﹤0.01% |
156,648
+6,819
| +5% | +$42.1K |
|
2347
Twin Disc
TWIN
$190M
| $966K | ﹤0.01% |
41,946
| – | – |
|
|
EVA
2348
DELISTED
Enviva Inc.
EVA
| $966K | ﹤0.01% |
30,381
+11,028
| +57% | +$351K |
|
|
TLP
2349
DELISTED
Transmontaigne
TLP
| $961K | ﹤0.01% |
24,973
-2,457
| -9% | -$94.5K |
|
|
PSDO
2350
DELISTED
Presidio, Inc. Common Stock
PSDO
| $960K | ﹤0.01% |
62,926
+911
| +1% | +$13.9K |
|