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 |
Kinder Morgan
KMI
|
+$115M |
| 2 |
Enterprise Products Partners
EPD
|
+$52.3M |
| 3 |
Teva Pharmaceuticals
TEVA
|
+$41.2M |
| 4 |
Alibaba
BABA
|
+$36.6M |
| 5 |
Annaly Capital Management
NLY
|
+$27.7M |
Top Sells
| 1 |
Apple
AAPL
|
+$207M |
| 2 |
Medtronic
MDT
|
+$167M |
| 3 |
COV
COVIDIEN PLC COM SHS NEW (IRELAND)
COV
|
+$114M |
| 4 |
SPDR S&P Emerging Markets Small Cap ETF
EWX
|
+$77.1M |
| 5 |
Alphabet (Google) Class C
GOOG
|
+$72.9M |
Sector Composition
| 1 | Financials | 15.53% |
| 2 | Technology | 14.16% |
| 3 | Healthcare | 13.55% |
| 4 | Industrials | 10.94% |
| 5 | Consumer Discretionary | 8.81% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
2576
FreightCar America
RAIL
$162M
| $1.01M | ﹤0.01% |
40,100
-3,400
| -8% | -$85.2K |
|
2577
Sasol
SSL
$4.46B
| $1M | ﹤0.01% |
27,406
-8,876
| -24% | -$325K |
|
2578
First Community Bankshares
FCBC
$680M
| $1M | ﹤0.01% |
64,900
-9,947
| -13% | -$154K |
|
2579
Usana Health Sciences
USNA
$558M
| $1M | ﹤0.01% |
19,600
+200
| +1% | +$10.2K |
|
|
LXFT
2580
DELISTED
Luxoft Holding, Inc.
LXFT
| $1M | ﹤0.01% |
26,200
-46,700
| -64% | -$1.79M |
|
2581
Republic Bancorp
RBCAA
$1.48B
| $1M | ﹤0.01% |
42,300
+1,400
| +3% | +$33.1K |
|
|
QLTY
2582
DELISTED
QUALITY DISTR INC FLA
QLTY
| $1M | ﹤0.01% |
110,000
-42,900
| -28% | -$390K |
|
|
IIP
2583
DELISTED
INTERNAP NETWORK SERVICES CORPORATION
IIP
| $994K | ﹤0.01% |
115,400
| – | – |
|
|
AFMD
2584
DELISTED
Affimed
AFMD
| $991K | ﹤0.01% |
17,500
| – | – |
|
2585
CorVel
CRVL
$4.39B
| $990K | ﹤0.01% |
85,500
| – | – |
|
|
BNCN
2586
DELISTED
BNC Bancorp
BNCN
| $988K | ﹤0.01% |
60,420
-15,364
| -20% | -$251K |
|
2587
Vera Bradley
VRA
$61.7M
| $985K | ﹤0.01% |
51,100
-19,371
| -27% | -$373K |
|
|
DEST
2588
DELISTED
Destination Maternity Corporation
DEST
| $984K | ﹤0.01% |
62,244
+11,900
| +24% | +$188K |
|
|
COWN
2589
DELISTED
Cowen Inc. Class A Common Stock
COWN
| $984K | ﹤0.01% |
56,400
+31,975
| +131% | +$558K |
|
|
ZEN
2590
DELISTED
ZENDESK INC
ZEN
| $982K | ﹤0.01% |
+40,300
| New | +$982K |
|
2591
Shoe Carnival
SCVL
$636M
| $980K | ﹤0.01% |
82,800
-36,056
| -30% | -$427K |
|
|
TRK
2592
DELISTED
Speedway Motorsports, Inc.
TRK
| $978K | ﹤0.01% |
44,000
+4,800
| +12% | +$107K |
|
2593
MYR Group
MYRG
$2.73B
| $976K | ﹤0.01% |
38,129
| – | – |
|
|
SLI
2594
DELISTED
S L INDUSTRIES INC (DELAWARE)
SLI
| $975K | ﹤0.01% |
23,652
+400
| +2% | +$16.5K |
|
|
HGG
2595
DELISTED
hhgregg Inc.
HGG
| $971K | ﹤0.01% |
178,800
+38,000
| +27% | +$206K |
|
2596
Casella Waste Systems
CWST
$5.79B
| $969K | ﹤0.01% |
251,700
-38,700
| -13% | -$149K |
|
2597
Weibo
WB
$3B
| $967K | ﹤0.01% |
75,000
| – | – |
|
2598
Mercantile Bank Corp
MBWM
$774M
| $966K | ﹤0.01% |
51,018
| – | – |
|
|
APP
2599
DELISTED
AMERICAN APPAREL INC COM
APP
| $963K | ﹤0.01% |
1,146,591
+137,600
| +14% | +$116K |
|
|
KANG
2600
DELISTED
iKang Healthcare Group, Inc.
KANG
| $960K | ﹤0.01% |
55,444
-9,812
| -15% | -$170K |
|