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 | |
|---|---|---|---|---|---|---|
951
Landstar System
LSTR
$4.59B
| $9.88M | 0.01% |
151,400
+15,700
| +12% | +$1.02M |
|
|
CVA
952
DELISTED
Covanta Holding Corporation
CVA
| $9.88M | 0.01% |
464,500
+4,100
| +0.9% | +$87.2K |
|
|
CBL
953
DELISTED
CBL& Associates Properties, Inc.
CBL
| $9.87M | 0.01% |
478,385
+5,000
| +1% | +$103K |
|
954
DiamondRock Hospitality
DRH
$1.72B
| $9.86M | 0.01% |
643,978
+29,900
| +5% | +$458K |
|
|
HOLI
955
DELISTED
Hollsys Automation Technologies INTERNATIONAL, LTD. COMMON (British Virgin Island)
HOLI
| $9.85M | 0.01% |
387,287
-34,000
| -8% | -$865K |
|
956
Murphy USA
MUSA
$7.59B
| $9.83M | 0.01% |
139,949
+7,700
| +6% | +$541K |
|
|
JNS
957
DELISTED
Janus Capital Group Inc
JNS
| $9.83M | 0.01% |
528,606
-135,229
| -20% | -$2.51M |
|
958
Genesis Energy
GEL
$2.02B
| $9.83M | 0.01% |
220,300
-812
| -0.4% | -$36.2K |
|
959
Idacorp
IDA
$6.79B
| $9.82M | 0.01% |
141,528
-2,500
| -2% | -$174K |
|
|
CPHD
960
DELISTED
Cepheid Inc
CPHD
| $9.77M | 0.01% |
181,010
-28,158
| -13% | -$1.52M |
|
961
Casey's General Stores
CASY
$20.6B
| $9.77M | 0.01% |
104,740
-40,570
| -28% | -$3.78M |
|
962
Eagle Materials
EXP
$7.7B
| $9.77M | 0.01% |
134,839
+2,200
| +2% | +$159K |
|
963
Nordson
NDSN
$12.8B
| $9.75M | 0.01% |
132,800
| – | – |
|
|
MIC
964
DELISTED
Macquarie Infrastructure Holdings, LLC
MIC
| $9.74M | 0.01% |
136,935
+3,300
| +2% | +$235K |
|
|
TUP
965
DELISTED
Tupperware Brands Corporation
TUP
| $9.71M | 0.01% |
162,589
+13,000
| +9% | +$777K |
|
966
Patterson-UTI
PTEN
$2.14B
| $9.63M | 0.01% |
558,151
+168,600
| +43% | +$2.91M |
|
967
Spire
SR
$4.5B
| $9.61M | 0.01% |
174,130
-312
| -0.2% | -$17.2K |
|
968
Healthcare Services Group
HCSG
$1.2B
| $9.61M | 0.01% |
305,000
-36,215
| -11% | -$1.14M |
|
|
BWLD
969
DELISTED
Buffalo Wild Wings, Inc.
BWLD
| $9.6M | 0.01% |
52,687
-3,300
| -6% | -$601K |
|
|
CXP
970
DELISTED
COLUMBIA PROPERTY TRUST, INC.
CXP
| $9.58M | 0.01% |
392,000
+304,200
| +346% | +$7.44M |
|
|
PHH
971
DELISTED
PHH Corporation
PHH
| $9.58M | 0.01% |
380,017
+10,700
| +3% | +$270K |
|
|
BDN
972
Brandywine Realty Trust
BDN
$782M
| $9.57M | 0.01% |
563,051
+140,400
| +33% | +$2.39M |
|
|
TEN
973
DELISTED
Tenneco Inc. Class A Voting Common Stock
TEN
| $9.55M | 0.01% |
182,100
+33,500
| +23% | +$1.76M |
|
974
CEMIG Preferred Shares
CIG
$5.84B
| $9.52M | 0.01% |
4,133,016
+915,573
| +28% | +$2.11M |
|
975
Ryman Hospitality Properties
RHP
$6.35B
| $9.5M | 0.01% |
169,049
-16,460
| -9% | -$925K |
|