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 | |
|---|---|---|---|---|---|---|
1001
Thor Industries
THO
$5.83B
| $9.13M | 0.01% |
158,427
+331
| +0.2% | +$19.1K |
|
|
LSI
1002
DELISTED
Life Storage, Inc.
LSI
| $9.12M | 0.01% |
142,577
-11,940
| -8% | -$764K |
|
|
PAY
1003
DELISTED
Verifone Systems Inc
PAY
| $9.11M | 0.01% |
282,317
-1,224
| -0.4% | -$39.5K |
|
|
TGI
1004
DELISTED
Triumph Group
TGI
| $9.09M | 0.01% |
144,247
+132,856
| +1,166% | +$8.37M |
|
1005
Chemed
CHE
$6.67B
| $9.07M | 0.01% |
86,400
-3,955
| -4% | -$415K |
|
1006
Cognex
CGNX
$7.55B
| $9.06M | 0.01% |
470,400
-26,400
| -5% | -$508K |
|
|
STRZA
1007
DELISTED
Starz - Series A
STRZA
| $9.05M | 0.01% |
310,823
-16,800
| -5% | -$489K |
|
1008
Fortinet
FTNT
$62B
| $9.02M | 0.01% |
1,390,500
-90,500
| -6% | -$587K |
|
|
PNY
1009
DELISTED
PIEDMONT NATURAL GAS CO INC(NC
PNY
| $8.98M | 0.01% |
221,093
+3,700
| +2% | +$150K |
|
1010
Sanmina
SANM
$6.27B
| $8.96M | 0.01% |
427,092
+38,606
| +10% | +$810K |
|
1011
The GEO Group
GEO
$3.26B
| $8.95M | 0.01% |
311,850
+12,900
| +4% | +$370K |
|
|
SLH
1012
DELISTED
SOLERA HOLDINGS, INC. COM
SLH
| $8.94M | 0.01% |
170,323
+4,823
| +3% | +$253K |
|
1013
SM Energy
SM
$3.13B
| $8.94M | 0.01% |
234,958
+72,600
| +45% | +$2.76M |
|
1014
Bank of Hawaii
BOH
$2.74B
| $8.94M | 0.01% |
156,578
+1,700
| +1% | +$97K |
|
1015
Erie Indemnity
ERIE
$17.7B
| $8.94M | 0.01% |
100,255
+2,100
| +2% | +$187K |
|
1016
Armstrong World Industries
AWI
$8.61B
| $8.93M | 0.01% |
172,800
+15,900
| +10% | +$821K |
|
1017
Tanger
SKT
$3.91B
| $8.92M | 0.01% |
221,800
+5,000
| +2% | +$201K |
|
|
TXNM
1018
TXNM Energy, Inc.
TXNM
$6B
| $8.92M | 0.01% |
290,950
-7,186
| -2% | -$220K |
|
1019
Verint Systems
VRNT
$1.23B
| $8.91M | 0.01% |
318,192
-2,965
| -0.9% | -$83K |
|
1020
VEON
VEON
$3.71B
| $8.89M | 0.01% |
98,541
+21,192
| +27% | +$1.91M |
|
1021
Flowers Foods
FLO
$3.01B
| $8.87M | 0.01% |
441,519
-4,000
| -0.9% | -$80.3K |
|
1022
Synovus
SNV
$7.19B
| $8.86M | 0.01% |
341,137
-49,200
| -13% | -$1.28M |
|
|
CNL
1023
DELISTED
CLECO CRP (HOLDING CO)
CNL
| $8.84M | 0.01% |
161,100
+4,900
| +3% | +$269K |
|
1024
Littelfuse
LFUS
$6.72B
| $8.81M | 0.01% |
87,568
+3,328
| +4% | +$335K |
|
1025
Copa Holdings
CPA
$4.82B
| $8.79M | 0.01% |
81,071
-80,700
| -50% | -$8.75M |
|