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 | |
|---|---|---|---|---|---|---|
1101
Steelcase
SCS
$1.94B
| $7.87M | 0.01% |
470,100
+80,173
| +21% | +$1.34M |
|
1102
Webster Financial
WBS
$10.3B
| $7.87M | 0.01% |
253,753
+300
| +0.1% | +$9.3K |
|
1103
D.R. Horton
DHI
$53.2B
| $7.86M | 0.01% |
325,300
-107,766
| -25% | -$2.6M |
|
1104
WaFd
WAFD
$2.48B
| $7.82M | 0.01% |
380,052
+2,600
| +0.7% | +$53.5K |
|
|
WX
1105
DELISTED
WUXI PHARMATECH, CAYMAN INC REPSTG 8 ORD SHS
WX
| $7.8M | 0.01% |
194,800
+17,700
| +10% | +$709K |
|
1106
Santander
BSBR
$40.3B
| $7.79M | 0.01% |
1,558,580
-2,167,300
| -58% | -$10.8M |
|
|
IPXL
1107
DELISTED
Impax Laboratories, Inc.
IPXL
| $7.77M | 0.01% |
199,742
+4,942
| +3% | +$192K |
|
1108
CACI
CACI
$10.8B
| $7.76M | 0.01% |
89,320
-2,224
| -2% | -$193K |
|
|
SGEN
1109
DELISTED
Seagen Inc. Common Stock
SGEN
| $7.75M | 0.01% |
233,400
| – | – |
|
|
RVBD
1110
DELISTED
RIVERBED TECHNOLOGY, INC COM
RVBD
| $7.74M | 0.01% |
373,300
| – | – |
|
1111
Wintrust Financial
WTFC
$9.14B
| $7.74M | 0.01% |
174,910
+4,750
| +3% | +$210K |
|
|
KS
1112
DELISTED
KapStone Paper and Pack Corp.
KS
| $7.71M | 0.01% |
251,370
-2,700
| -1% | -$82.8K |
|
1113
Cracker Barrel
CBRL
$1.13B
| $7.71M | 0.01% |
57,024
+400
| +0.7% | +$54.1K |
|
|
ANN
1114
DELISTED
ANN INC
ANN
| $7.7M | 0.01% |
220,107
+900
| +0.4% | +$31.5K |
|
|
NATI
1115
DELISTED
National Instruments Corp
NATI
| $7.67M | 0.01% |
252,800
-78,135
| -24% | -$2.37M |
|
1116
Monolithic Power Systems
MPWR
$39.8B
| $7.59M | 0.01% |
158,921
-40,177
| -20% | -$1.92M |
|
|
VNET
1117
VNET Group
VNET
$2.57B
| $7.57M | 0.01% |
432,816
+155,335
| +56% | +$2.72M |
|
1118
Maximus
MMS
$5.09B
| $7.55M | 0.01% |
133,162
-23,760
| -15% | -$1.35M |
|
|
CHS
1119
DELISTED
Chicos FAS, Inc.
CHS
| $7.55M | 0.01% |
448,300
-66,520
| -13% | -$1.12M |
|
|
GNC
1120
DELISTED
GNC Holdings, Inc.
GNC
| $7.53M | 0.01% |
164,900
-58,500
| -26% | -$2.67M |
|
|
CTB
1121
DELISTED
Cooper Tire & Rubber Co.
CTB
| $7.5M | 0.01% |
211,227
+14,600
| +7% | +$518K |
|
|
ALR
1122
DELISTED
Alere Inc
ALR
| $7.5M | 0.01% |
182,019
+8,995
| +5% | +$371K |
|
1123
National Health Investors
NHI
$3.76B
| $7.5M | 0.01% |
99,000
+100
| +0.1% | +$7.57K |
|
1124
Cheesecake Factory
CAKE
$2.82B
| $7.49M | 0.01% |
137,546
-15,060
| -10% | -$820K |
|
|
GRA
1125
DELISTED
W.R. Grace & Co.
GRA
| $7.47M | 0.01% |
84,600
-6,200
| -7% | -$548K |
|