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 |
AGN
Allergan plc
AGN
|
+$57.2M |
| 2 |
WFT
Weatherford International plc
WFT
|
+$42.9M |
| 3 |
Liberty Media Series C
FWONK
|
+$27.2M |
| 4 |
Meta Platforms (Facebook)
META
|
+$25.2M |
| 5 |
Alibaba
BABA
|
+$22.2M |
Top Sells
| 1 |
SPDR S&P Emerging Markets Small Cap ETF
EWX
|
+$98.2M |
| 2 |
FRX
FOREST LABORATORIES INC
FRX
|
+$73.6M |
| 3 |
Exxon Mobil
XOM
|
+$43M |
| 4 |
HSH
HILLSHIRE BRANDS CO
HSH
|
+$38.7M |
| 5 |
Apple
AAPL
|
+$33.3M |
Sector Composition
| 1 | Financials | 16.01% |
| 2 | Technology | 14.34% |
| 3 | Healthcare | 13.09% |
| 4 | Industrials | 10.62% |
| 5 | Energy | 9.58% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
976
BWX Technologies
BWXT
$15.5B
| $9.41M | 0.01% |
475,180
+3,075
| +0.7% | +$60.9K |
|
|
ICON
977
DELISTED
Iconix Brand Group, Inc.
ICON
| $9.4M | 0.01% |
25,453
-2,749
| -10% | -$1.02M |
|
|
VR
978
DELISTED
Validus Hold Ltd
VR
| $9.4M | 0.01% |
240,097
+5,800
| +2% | +$227K |
|
979
Dick's Sporting Goods
DKS
$20.6B
| $9.38M | 0.01% |
213,700
-122,000
| -36% | -$5.35M |
|
980
WEX
WEX
$6.04B
| $9.37M | 0.01% |
84,948
+5,548
| +7% | +$612K |
|
|
SLH
981
DELISTED
SOLERA HOLDINGS, INC. COM
SLH
| $9.33M | 0.01% |
165,500
+4,000
| +2% | +$225K |
|
|
CRZO
982
DELISTED
Carrizo Oil & Gas Inc
CRZO
| $9.33M | 0.01% |
173,262
+1,100
| +0.6% | +$59.2K |
|
|
KOG
983
DELISTED
KODIAK OIL & GAS CORP
KOG
| $9.31M | 0.01% |
685,847
-16,640
| -2% | -$226K |
|
984
Chemed
CHE
$6.63B
| $9.3M | 0.01% |
90,355
-4,155
| -4% | -$428K |
|
985
Prosperity Bancshares
PB
$6.39B
| $9.28M | 0.01% |
162,316
+400
| +0.2% | +$22.9K |
|
986
White Mountains Insurance
WTM
$4.52B
| $9.26M | 0.01% |
14,698
-200
| -1% | -$126K |
|
|
NPSP
987
DELISTED
NPS PHARMACEUTICALS INC
NPSP
| $9.24M | 0.01% |
355,522
+43,027
| +14% | +$1.12M |
|
|
CBST
988
DELISTED
CUBIST PHARMACEUTICALS INC
CBST
| $9.24M | 0.01% |
139,300
-9,900
| -7% | -$657K |
|
989
Synovus
SNV
$7.2B
| $9.23M | 0.01% |
390,337
+3,263
| +0.8% | +$77.1K |
|
|
CPHD
990
DELISTED
Cepheid Inc
CPHD
| $9.21M | 0.01% |
209,168
-17,756
| -8% | -$782K |
|
|
ACC
991
DELISTED
American Campus Communities, Inc.
ACC
| $9.2M | 0.01% |
252,418
-5,800
| -2% | -$211K |
|
|
BMR
992
DELISTED
BIOMED REALTY TRUST INC
BMR
| $9.19M | 0.01% |
455,094
-20,500
| -4% | -$414K |
|
993
Upbound Group
UPBD
$1.46B
| $9.18M | 0.01% |
302,453
-68,748
| -19% | -$2.09M |
|
994
John Wiley & Sons Class A
WLY
$2.24B
| $9.15M | 0.01% |
163,046
-1,800
| -1% | -$101K |
|
995
SAP
SAP
$300B
| $9.15M | 0.01% |
126,735
+91,663
| +261% | +$6.61M |
|
996
PRA Group
PRAA
$669M
| $9.11M | 0.01% |
174,452
-26,194
| -13% | -$1.37M |
|
997
Verint Systems
VRNT
$1.23B
| $9.1M | 0.01% |
321,157
+1,178
| +0.4% | +$33.4K |
|
998
West Pharmaceutical
WST
$18.9B
| $9.08M | 0.01% |
202,800
+57,300
| +39% | +$2.56M |
|
999
Targa Resources
TRGP
$35.5B
| $9.06M | 0.01% |
66,500
+200
| +0.3% | +$27.2K |
|
|
AXE
1000
DELISTED
Anixter International Inc
AXE
| $9.05M | 0.01% |
106,656
+588
| +0.6% | +$49.9K |
|