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 | |
|---|---|---|---|---|---|---|
1076
ScottsMiracle-Gro
SMG
$3.5B
| $8.17M | 0.01% |
128,400
-5,300
| -4% | -$337K |
|
|
TCF
1077
DELISTED
TCF Financial Corporation
TCF
| $8.17M | 0.01% |
553,800
-27,230
| -5% | -$402K |
|
|
SUSQ
1078
DELISTED
SUSQUEHANNA BANCSHARES INC
SUSQ
| $8.16M | 0.01% |
632,239
+19,900
| +3% | +$257K |
|
1079
Yelp
YELP
$1.97B
| $8.16M | 0.01% |
146,600
-25,710
| -15% | -$1.43M |
|
|
CYBX
1080
DELISTED
CYBERONICS INC
CYBX
| $8.14M | 0.01% |
142,028
+3,100
| +2% | +$178K |
|
1081
iShares MSCI All Country Asia ex Japan ETF
AAXJ
$3B
| $8.13M | 0.01% |
127,904
| – | – |
|
|
DNR
1082
DELISTED
Denbury Resources, Inc.
DNR
| $8.13M | 0.01% |
1,138,198
+71,500
| +7% | +$511K |
|
1083
CubeSmart
CUBE
$9.29B
| $8.09M | 0.01% |
320,012
+31,600
| +11% | +$799K |
|
|
DFT
1084
DELISTED
DuPont Fabros Technology Inc.
DFT
| $8.08M | 0.01% |
213,967
+8,700
| +4% | +$329K |
|
1085
Grand Canyon Education
LOPE
$5.69B
| $8.08M | 0.01% |
181,397
-37,939
| -17% | -$1.69M |
|
1086
HNI Corp
HNI
$2.06B
| $8.08M | 0.01% |
161,500
+13,100
| +9% | +$655K |
|
|
AIRM
1087
DELISTED
Air Methods Corp
AIRM
| $8.08M | 0.01% |
187,800
-8,900
| -5% | -$383K |
|
|
N
1088
DELISTED
Netsuite Inc
N
| $8.07M | 0.01% |
76,170
+39,565
| +108% | +$4.19M |
|
|
SGI
1089
Somnigroup International Inc.
SGI
$17.9B
| $8.06M | 0.01% |
588,400
+16,000
| +3% | +$219K |
|
1090
Cedar Fair
FUN
$2.19B
| $8.05M | 0.01% |
150,700
| – | – |
|
|
GEVA
1091
DELISTED
SYNAGEVA BIOPHARMA CORP COM STK (DE)
GEVA
| $8.03M | 0.01% |
67,000
| – | – |
|
1092
Prosperity Bancshares
PB
$6.4B
| $7.98M | 0.01% |
169,016
+6,700
| +4% | +$316K |
|
1093
Workday
WDAY
$60.5B
| $7.97M | 0.01% |
98,900
-55,321
| -36% | -$4.46M |
|
|
SVU
1094
DELISTED
SUPERVALU Inc.
SVU
| $7.96M | 0.01% |
110,271
-22,972
| -17% | -$1.66M |
|
|
NUAN
1095
DELISTED
Nuance Communications, Inc.
NUAN
| $7.95M | 0.01% |
667,128
+11,896
| +2% | +$142K |
|
1096
Pool Corp
POOL
$11.9B
| $7.93M | 0.01% |
122,600
| – | – |
|
|
TIME
1097
DELISTED
Time Inc.
TIME
| $7.91M | 0.01% |
313,885
-2,362
| -0.7% | -$59.5K |
|
1098
Owens & Minor
OMI
$423M
| $7.9M | 0.01% |
222,356
+5,400
| +2% | +$192K |
|
1099
MarketAxess Holdings
MKTX
$7.04B
| $7.89M | 0.01% |
106,466
+700
| +0.7% | +$51.9K |
|
|
TARO
1100
DELISTED
Taro Pharmaceutical Industries Ltd.
TARO
| $7.89M | 0.01% |
48,400
+4,400
| +10% | +$717K |
|