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 |
Fortive
FTV
|
+$29.3M |
| 2 |
Johnson Controls International
JCI
|
+$24.2M |
| 3 |
Procter & Gamble
PG
|
+$21.8M |
| 4 |
INFO
IHS Markit Ltd. Common Shares
INFO
|
+$21.3M |
| 5 |
Dell
DELL
|
+$20.7M |
Top Sells
| 1 |
EMC
EMC CORPORATION
EMC
|
+$132M |
| 2 |
Apple
AAPL
|
+$123M |
| 3 |
Exxon Mobil
XOM
|
+$55.6M |
| 4 |
JPMorgan Chase
JPM
|
+$51M |
| 5 |
Comcast
CMCSA
|
+$50.2M |
Sector Composition
| 1 | Financials | 15.67% |
| 2 | Technology | 14.76% |
| 3 | Healthcare | 13.19% |
| 4 | Industrials | 10.62% |
| 5 | Consumer Discretionary | 9.67% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
2401
Horizon Bancorp
HBNC
$833M
| $902K | ﹤0.01% |
69,102
+7,002
| +11% | +$91.4K |
|
|
CLVS
2402
DELISTED
Clovis Oncology, Inc.
CLVS
| $898K | ﹤0.01% |
24,900
-1,800
| -7% | -$64.9K |
|
2403
Sapiens International
SPNS
$2.4B
| $897K | ﹤0.01% |
70,264
-26,300
| -27% | -$336K |
|
2404
Kimball Electronics
KE
$741M
| $895K | ﹤0.01% |
64,600
-4,500
| -7% | -$62.3K |
|
|
HCCI
2405
DELISTED
Heritage-Crystal Clean, Inc.
HCCI
| $895K | ﹤0.01% |
67,400
-1,700
| -2% | -$22.6K |
|
2406
Corcept Therapeutics
CORT
$7.68B
| $894K | ﹤0.01% |
137,500
+1,800
| +1% | +$11.7K |
|
2407
China Yuchai International
CYD
$1.46B
| $892K | ﹤0.01% |
82,200
-5,800
| -7% | -$62.9K |
|
|
HIL
2408
DELISTED
Hill International, Inc. Common Stock
HIL
| $892K | ﹤0.01% |
193,500
-11,500
| -6% | -$53K |
|
2409
Capital City Bank Group
CCBG
$739M
| $891K | ﹤0.01% |
60,300
| – | – |
|
2410
Monarch Casino & Resort
MCRI
$1.9B
| $891K | ﹤0.01% |
35,400
-2,600
| -7% | -$65.4K |
|
2411
Regional Management Corp
RM
$418M
| $888K | ﹤0.01% |
41,000
| – | – |
|
|
CVRR
2412
DELISTED
CVR Refining, LP
CVRR
| $888K | ﹤0.01% |
101,300
-7,000
| -6% | -$61.4K |
|
|
LJPC
2413
DELISTED
La Jolla Pharmaceutical Company
LJPC
| $887K | ﹤0.01% |
37,300
| – | – |
|
2414
Applied Optoelectronics
AAOI
$1.69B
| $886K | ﹤0.01% |
39,900
| – | – |
|
2415
BancFirst
BANF
$4.45B
| $885K | ﹤0.01% |
24,400
+800
| +3% | +$29K |
|
2416
Fuel Tech
FTEK
$113M
| $885K | ﹤0.01% |
631,820
| – | – |
|
2417
PhenixFIN
PFX
| $885K | ﹤0.01% |
5,800
-400
| -6% | -$61K |
|
2418
LivePerson
LPSN
$86M
| $883K | ﹤0.01% |
105,000
-7,300
| -7% | -$61.4K |
|
2419
Superior Group of Companies
SGC
$188M
| $883K | ﹤0.01% |
44,600
| – | – |
|
2420
Trustco Bank Corp NY
TRST
$746M
| $881K | ﹤0.01% |
24,860
-1,040
| -4% | -$36.9K |
|
|
IHC
2421
DELISTED
Independence Holding Company
IHC
| $881K | ﹤0.01% |
51,260
| – | – |
|
2422
Icahn Enterprises
IEP
$4.67B
| $880K | ﹤0.01% |
17,400
-800
| -4% | -$40.5K |
|
2423
OceanFirst Financial
OCFC
$1.04B
| $879K | ﹤0.01% |
45,657
-800
| -2% | -$15.4K |
|
|
I
2424
DELISTED
INTELSAT S. A.
I
| $879K | ﹤0.01% |
324,300
+39,800
| +14% | +$108K |
|
2425
Stewart Information Services
STC
$2.09B
| $876K | ﹤0.01% |
19,700
-300
| -2% | -$13.3K |
|