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 | |
|---|---|---|---|---|---|---|
1051
Kosmos Energy
KOS
$827M
| $8.46M | 0.01% |
945,600
+315,200
| +50% | +$2.82M |
|
1052
Skechers
SKX
$9.5B
| $8.44M | 0.01% |
419,238
+85,938
| +26% | +$1.73M |
|
1053
Radian Group
RDN
$4.73B
| $8.44M | 0.01% |
513,842
| – | – |
|
|
FEIC
1054
DELISTED
FEI COMPANY
FEIC
| $8.41M | 0.01% |
100,800
+3,500
| +4% | +$292K |
|
1055
COPT Defense Properties
CDP
$3.45B
| $8.38M | 0.01% |
275,120
+82,441
| +43% | +$2.51M |
|
1056
PRA Group
PRAA
$653M
| $8.37M | 0.01% |
161,092
-13,360
| -8% | -$694K |
|
|
HA
1057
DELISTED
Hawaiian Holdings, Inc.
HA
| $8.37M | 0.01% |
306,589
-46,600
| -13% | -$1.27M |
|
1058
Cleveland-Cliffs
CLF
$5.83B
| $8.37M | 0.01% |
1,230,590
+447,626
| +57% | +$3.04M |
|
1059
Photronics
PLAB
$1.3B
| $8.36M | 0.01% |
1,000,600
+47,200
| +5% | +$394K |
|
1060
RLI Corp
RLI
$6.08B
| $8.33M | 0.01% |
338,844
+400
| +0.1% | +$9.83K |
|
1061
Deckers Outdoor
DECK
$17.5B
| $8.32M | 0.01% |
616,920
-37,902
| -6% | -$511K |
|
1062
SAP
SAP
$301B
| $8.3M | 0.01% |
126,735
| – | – |
|
|
SYA
1063
DELISTED
SYMETRA FINANCIAL CORPORATION COMMON STOCK
SYA
| $8.3M | 0.01% |
390,700
+5,400
| +1% | +$115K |
|
1064
WEX
WEX
$5.81B
| $8.29M | 0.01% |
87,812
+2,864
| +3% | +$270K |
|
1065
Moog
MOG.A
$6.24B
| $8.29M | 0.01% |
109,400
+800
| +0.7% | +$60.6K |
|
1066
Generac Holdings
GNRC
$10.9B
| $8.26M | 0.01% |
182,900
-74,630
| -29% | -$3.37M |
|
1067
Bio-Techne
TECH
$7.93B
| $8.25M | 0.01% |
354,400
-25,880
| -7% | -$603K |
|
|
CVG
1068
DELISTED
Convergys
CVG
| $8.24M | 0.01% |
418,963
-6,600
| -2% | -$130K |
|
1069
Rollins
ROL
$27.3B
| $8.22M | 0.01% |
824,999
-72,967
| -8% | -$727K |
|
1070
Watsco
WSO
$16.1B
| $8.22M | 0.01% |
74,000
+6,600
| +10% | +$733K |
|
1071
Vail Resorts
MTN
$5.37B
| $8.19M | 0.01% |
90,356
+5,786
| +7% | +$525K |
|
|
SAPE
1072
DELISTED
SAPIENT CORP
SAPE
| $8.19M | 0.01% |
329,200
+20,200
| +7% | +$502K |
|
|
MFA
1073
MFA Financial
MFA
$1.05B
| $8.19M | 0.01% |
258,100
+17,800
| +7% | +$565K |
|
|
BEE
1074
DELISTED
STRATEGIC HOTELS & RESORTS, INC
BEE
| $8.18M | 0.01% |
579,929
-11,590
| -2% | -$164K |
|
1075
Texas Roadhouse
TXRH
$11B
| $8.18M | 0.01% |
238,130
+19,030
| +9% | +$653K |
|