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 |
Apollo Global Management
APO
|
+$635M |
| 2 |
Verizon
VZ
|
+$198M |
| 3 |
EOG Resources
EOG
|
+$105M |
| 4 |
Perrigo
PRGO
|
+$46M |
| 5 |
Meta Platforms (Facebook)
META
|
+$40.8M |
Top Sells
| 1 |
SPDR S&P Emerging Markets Small Cap ETF
EWX
|
+$55.6M |
| 2 |
LIFE
LIFE TECHNOLOGIES CORP COM STK (DE)
LIFE
|
+$35.3M |
| 3 |
Vodafone
VOD
|
+$31.5M |
| 4 |
Voya Financial
VOYA
|
+$30.5M |
| 5 |
Walmart
WMT
|
+$27.5M |
Sector Composition
| 1 | Financials | 16.29% |
| 2 | Technology | 13.77% |
| 3 | Healthcare | 12.54% |
| 4 | Industrials | 11.09% |
| 5 | Energy | 9.76% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
1051
New Oriental
EDU
$8.93B
| $8.27M | 0.01% |
301,900
| – | – |
|
1052
Bio-Techne
TECH
$7.93B
| $8.27M | 0.01% |
385,880
+8,800
| +2% | +$189K |
|
1053
Sunstone Hotel Investors
SHO
$1.76B
| $8.25M | 0.01% |
591,973
+4,200
| +0.7% | +$58.5K |
|
1054
Enviri
NVRI
$959M
| $8.24M | 0.01% |
358,453
-12,200
| -3% | -$280K |
|
|
NATI
1055
DELISTED
National Instruments Corp
NATI
| $8.23M | 0.01% |
297,665
+5,330
| +2% | +$147K |
|
1056
Emcor
EME
$28.4B
| $8.22M | 0.01% |
184,673
-6,456
| -3% | -$287K |
|
|
KATE
1057
DELISTED
Kate Spade & Company
KATE
| $8.2M | 0.01% |
246,617
+8,160
| +3% | +$271K |
|
|
CHS
1058
DELISTED
Chicos FAS, Inc.
CHS
| $8.16M | 0.01% |
480,970
+18,910
| +4% | +$321K |
|
|
POWR
1059
DELISTED
POWERSECURE INTL INC COM STK (DE)
POWR
| $8.16M | 0.01% |
378,771
-4,490
| -1% | -$96.7K |
|
1060
Rollins
ROL
$27.3B
| $8.13M | 0.01% |
907,079
+15,525
| +2% | +$139K |
|
1061
Fulton Financial
FULT
$3.51B
| $8.13M | 0.01% |
649,500
-124,000
| -16% | -$1.55M |
|
1062
Valmont Industries
VMI
$7.45B
| $8.1M | 0.01% |
54,000
-54,606
| -50% | -$8.19M |
|
|
IBKC
1063
DELISTED
IBERIABANK Corp
IBKC
| $8.08M | 0.01% |
117,757
+400
| +0.3% | +$27.4K |
|
|
TXNM
1064
TXNM Energy, Inc.
TXNM
$5.99B
| $8.07M | 0.01% |
297,036
-12,300
| -4% | -$334K |
|
1065
Royal Gold
RGLD
$12.3B
| $8.07M | 0.01% |
119,997
| – | – |
|
1066
Adtalem Global Education
ATGE
$4.79B
| $8.07M | 0.01% |
200,677
-33,536
| -14% | -$1.35M |
|
1067
Virtus Investment Partners
VRTS
$1.31B
| $8.06M | 0.01% |
47,475
+400
| +0.8% | +$67.9K |
|
|
MDP
1068
DELISTED
Meredith Corporation
MDP
| $8.05M | 0.01% |
170,110
-4,866
| -3% | -$230K |
|
|
TWO
1069
Two Harbors Investment
TWO
$1.05B
| $8.02M | 0.01% |
96,638
+16,750
| +21% | +$1.39M |
|
1070
Gran Tierra Energy
GTE
$143M
| $8.02M | 0.01% |
106,940
+6,070
| +6% | +$455K |
|
|
CRR
1071
DELISTED
Carbo Ceramics Inc.
CRR
| $8.01M | 0.01% |
59,000
-2,300
| -4% | -$312K |
|
1072
Photronics
PLAB
$1.3B
| $8M | 0.01% |
946,200
-104,400
| -10% | -$883K |
|
|
CIM
1073
Chimera Investment
CIM
$1.17B
| $7.99M | 0.01% |
172,480
+34,427
| +25% | +$1.6M |
|
1074
DXP Enterprises
DXPE
$1.79B
| $7.98M | 0.01% |
79,500
+21,000
| +36% | +$2.11M |
|
1075
Webster Financial
WBS
$10.3B
| $7.97M | 0.01% |
261,153
-8,400
| -3% | -$256K |
|