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 | |
|---|---|---|---|---|---|---|
|
SRGA
2401
DELISTED
Surgalign Holdings, Inc. Common Stock
SRGA
| $872K | ﹤0.01% |
6,317
| – | – |
|
|
BREW
2402
DELISTED
Craft Brew Alliance, Inc.
BREW
| $871K | ﹤0.01% |
42,181
+2,991
| +8% | +$61.8K |
|
2403
Western New England Bancorp
WNEB
$249M
| $866K | ﹤0.01% |
78,716
+5,510
| +8% | +$60.6K |
|
|
FRGI
2404
DELISTED
Fiesta Restaurant Group, Inc.
FRGI
| $865K | ﹤0.01% |
30,145
+1,444
| +5% | +$41.4K |
|
2405
Coca-Cola Consolidated
COKE
$10.6B
| $863K | ﹤0.01% |
63,850
+830
| +1% | +$11.2K |
|
|
HCCI
2406
DELISTED
Heritage-Crystal Clean, Inc.
HCCI
| $863K | ﹤0.01% |
42,922
+2,622
| +7% | +$52.7K |
|
2407
Topgolf Callaway Brands
MODG
$1.76B
| $861K | ﹤0.01% |
45,376
+9,170
| +25% | +$174K |
|
2408
MarineMax
HZO
$563M
| $858K | ﹤0.01% |
45,286
+5,386
| +13% | +$102K |
|
2409
AtriCure
ATRC
$1.81B
| $857K | ﹤0.01% |
31,700
-2,900
| -8% | -$78.4K |
|
2410
United Security Bancshares
UBFO
$166M
| $853K | ﹤0.01% |
76,198
| – | – |
|
2411
Cerus
CERS
$234M
| $851K | ﹤0.01% |
127,628
+9,528
| +8% | +$63.5K |
|
|
MCF
2412
DELISTED
Contango Oil & Gas Co.
MCF
| $851K | ﹤0.01% |
149,829
-37,360
| -20% | -$212K |
|
|
USAK
2413
DELISTED
USA Truck Inc
USAK
| $848K | ﹤0.01% |
36,143
| – | – |
|
2414
Stewart Information Services
STC
$2.09B
| $844K | ﹤0.01% |
19,590
+2,473
| +14% | +$107K |
|
2415
UroGen Pharma
URGN
$869M
| $840K | ﹤0.01% |
+16,885
| New | +$840K |
|
|
FRED
2416
DELISTED
Fred's Inc
FRED
| $838K | ﹤0.01% |
367,754
+16,688
| +5% | +$38K |
|
2417
Natural Gas Services Group
NGS
$334M
| $837K | ﹤0.01% |
35,445
+2,858
| +9% | +$67.5K |
|
2418
Prothena Corp
PRTA
$451M
| $834K | ﹤0.01% |
57,168
-2,932
| -5% | -$42.8K |
|
2419
Manchester United
MANU
$2.78B
| $833K | ﹤0.01% |
40,424
+124
| +0.3% | +$2.56K |
|
2420
Digi International
DGII
$1.34B
| $832K | ﹤0.01% |
63,011
+5,175
| +9% | +$68.3K |
|
2421
Option Care Health
OPCH
$4.7B
| $830K | ﹤0.01% |
70,825
| – | – |
|
|
AVID
2422
DELISTED
Avid Technology Inc
AVID
| $829K | ﹤0.01% |
159,364
-51,034
| -24% | -$265K |
|
|
CCXI
2423
DELISTED
ChemoCentryx, Inc.
CCXI
| $827K | ﹤0.01% |
62,800
| – | – |
|
2424
Graham Corp
GHM
$538M
| $826K | ﹤0.01% |
32,000
| – | – |
|
2425
Calumet Specialty Products
CLMT
$1.5B
| $825K | ﹤0.01% |
110,742
-48,300
| -30% | -$360K |
|