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 |
YHOO
Yahoo Inc
YHOO
|
+$84.3M |
| 2 |
Zoetis
ZTS
|
+$65.3M |
| 3 |
Yum! Brands
YUM
|
+$53.2M |
| 4 |
ATH
Athene Holding Ltd. Class A Common Shares
ATH
|
+$45.7M |
| 5 |
Zimmer Biomet
ZBH
|
+$40.6M |
Top Sells
| 1 |
Apollo Global Management
APO
|
+$122M |
| 2 |
Apple
AAPL
|
+$61.9M |
| 3 |
SE
Spectra Energy Corp Wi
SE
|
+$57.7M |
| 4 |
STJ
St Jude Medical
STJ
|
+$53.3M |
| 5 |
Microsoft
MSFT
|
+$51.7M |
Sector Composition
| 1 | Financials | 17.68% |
| 2 | Technology | 15.06% |
| 3 | Healthcare | 12.81% |
| 4 | Industrials | 10.76% |
| 5 | Consumer Discretionary | 9.53% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
1051
EPAM Systems
EPAM
$8.69B
| $7.01M | 0.01% |
92,800
+53,600
| +137% | +$4.05M |
|
|
HTZ
1052
DELISTED
Hertz Global Holdings, Inc.
HTZ
| $6.99M | 0.01% |
458,443
+126,955
| +38% | +$1.93M |
|
|
VRE
1053
Veris Residential
VRE
$1.49B
| $6.98M | 0.01% |
259,199
-19,600
| -7% | -$528K |
|
1054
Matador Resources
MTDR
$5.93B
| $6.98M | 0.01% |
293,400
-12,700
| -4% | -$302K |
|
|
ARGO
1055
DELISTED
Argo Group International Holdings, Ltd.
ARGO
| $6.97M | 0.01% |
118,243
-2,875
| -2% | -$169K |
|
1056
Air Lease Corp
AL
$7.1B
| $6.97M | 0.01% |
179,800
-6,700
| -4% | -$260K |
|
1057
LivaNova
LIVN
$3.07B
| $6.96M | 0.01% |
141,966
-5,500
| -4% | -$270K |
|
1058
Bio-Techne
TECH
$7.97B
| $6.93M | 0.01% |
272,800
-47,600
| -15% | -$1.21M |
|
1059
Ciena
CIEN
$18.6B
| $6.92M | 0.01% |
292,970
-9,700
| -3% | -$229K |
|
1060
Papa John's
PZZA
$1.65B
| $6.89M | 0.01% |
86,100
-5,800
| -6% | -$464K |
|
|
LSI
1061
DELISTED
Life Storage, Inc.
LSI
| $6.89M | 0.01% |
125,777
-5,550
| -4% | -$304K |
|
|
GPT
1062
DELISTED
Gramercy Property Trust
GPT
| $6.88M | 0.01% |
261,396
-10,701
| -4% | -$281K |
|
|
RSPP
1063
DELISTED
RSP Permian, Inc.
RSPP
| $6.82M | 0.01% |
164,600
-15,400
| -9% | -$638K |
|
|
TMX
1064
DELISTED
Terminix Global Holdings, Inc.
TMX
| $6.82M | 0.01% |
243,807
-10,600
| -4% | -$296K |
|
1065
AutoNation
AN
$8.37B
| $6.82M | 0.01% |
161,200
+2,400
| +2% | +$101K |
|
|
LNCE
1066
DELISTED
Snyders-Lance, Inc.
LNCE
| $6.81M | 0.01% |
169,005
-6,300
| -4% | -$254K |
|
|
WLL
1067
DELISTED
Whiting Petroleum Corporation
WLL
| $6.81M | 0.01% |
2,399
-712
| -23% | -$2.02M |
|
1068
Prospect Capital
PSEC
$1.29B
| $6.75M | 0.01% |
746,900
+703,300
| +1,613% | +$6.36M |
|
|
FLOW
1069
DELISTED
SPX FLOW, Inc.
FLOW
| $6.73M | 0.01% |
194,005
-23,400
| -11% | -$812K |
|
|
GWB
1070
DELISTED
Great Western Bancorp, Inc.
GWB
| $6.72M | 0.01% |
158,555
+98,500
| +164% | +$4.18M |
|
1071
Marriott Vacations Worldwide
VAC
$2.67B
| $6.72M | 0.01% |
67,200
-1,500
| -2% | -$150K |
|
1072
Skywest
SKYW
$4.35B
| $6.7M | 0.01% |
195,741
-21,100
| -10% | -$723K |
|
1073
TAL Education Group
TAL
$6.67B
| $6.69M | 0.01% |
376,800
-12,000
| -3% | -$213K |
|
1074
Apple Hospitality REIT
APLE
$2.98B
| $6.69M | 0.01% |
350,100
+20,200
| +6% | +$386K |
|
1075
Clean Harbors
CLH
$12.7B
| $6.68M | 0.01% |
120,100
-3,800
| -3% | -$211K |
|