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 | |
|---|---|---|---|---|---|---|
1151
Pebblebrook Hotel Trust
PEB
$1.38B
| $7.24M | 0.01% |
148,176
+12,900
| +10% | +$630K |
|
1152
Hillenbrand
HI
$1.73B
| $7.24M | 0.01% |
224,225
-1,600
| -0.7% | -$51.6K |
|
|
LFC
1153
DELISTED
China Life Insurance Company Ltd.
LFC
| $7.23M | 0.01% |
350,910
+46,401
| +15% | +$955K |
|
|
FCS
1154
DELISTED
FAIRCHILD SEMICONDUCTOR INTL INC COMMON
FCS
| $7.22M | 0.01% |
447,181
-10,760
| -2% | -$174K |
|
|
PVTB
1155
DELISTED
PrivateBancorp Inc
PVTB
| $7.22M | 0.01% |
227,100
-10,900
| -5% | -$347K |
|
|
AZPN
1156
DELISTED
ASPEN TECHNOLOGY INC
AZPN
| $7.22M | 0.01% |
221,303
-97,095
| -30% | -$3.17M |
|
|
MENT
1157
DELISTED
Mentor Graphics Corp
MENT
| $7.21M | 0.01% |
315,200
+4,100
| +1% | +$93.8K |
|
|
DF
1158
DELISTED
Dean Foods Company
DF
| $7.21M | 0.01% |
379,645
-24,300
| -6% | -$461K |
|
1159
Allegiant Air
ALGT
$1.19B
| $7.21M | 0.01% |
39,497
+4,150
| +12% | +$757K |
|
|
POLY
1160
DELISTED
Plantronics, Inc.
POLY
| $7.2M | 0.01% |
153,081
-36,225
| -19% | -$1.7M |
|
1161
Euronet Worldwide
EEFT
$3.6B
| $7.19M | 0.01% |
143,200
-20,335
| -12% | -$1.02M |
|
|
CRZO
1162
DELISTED
Carrizo Oil & Gas Inc
CRZO
| $7.18M | 0.01% |
160,602
-12,660
| -7% | -$566K |
|
|
TWO
1163
Two Harbors Investment
TWO
$1.05B
| $7.17M | 0.01% |
86,638
+5,588
| +7% | +$462K |
|
|
ADVS
1164
DELISTED
ADVENT SOFTWARE INC
ADVS
| $7.16M | 0.01% |
188,900
| – | – |
|
1165
Televisa
TV
$1.54B
| $7.16M | 0.01% |
211,021
-78,367
| -27% | -$2.66M |
|
1166
EchoStar
SATS
$21.5B
| $7.15M | 0.01% |
167,947
| – | – |
|
1167
MGIC Investment
MTG
$6.55B
| $7.12M | 0.01% |
804,900
| – | – |
|
|
ISIL
1168
DELISTED
Intersil Corp
ISIL
| $7.12M | 0.01% |
501,250
-11,000
| -2% | -$156K |
|
|
PGRE
1169
Paramount Group
PGRE
$1.57B
| $7.12M | 0.01% |
+363,800
| New | +$7.12M |
|
1170
Heartland Express
HTLD
$656M
| $7.09M | 0.01% |
259,628
+700
| +0.3% | +$19.1K |
|
1171
LPL Financial
LPLA
$28.1B
| $7.08M | 0.01% |
167,400
-58,100
| -26% | -$2.46M |
|
|
WNR
1172
DELISTED
Western Refining Inc
WNR
| $7.06M | 0.01% |
194,442
+7,682
| +4% | +$279K |
|
1173
Cimpress
CMPR
$1.4B
| $7.06M | 0.01% |
94,500
+6,500
| +7% | +$485K |
|
1174
Cabot Corp
CBT
$4.2B
| $7.02M | 0.01% |
170,344
-41,710
| -20% | -$1.72M |
|
1175
Acadia Healthcare
ACHC
$2.01B
| $7.01M | 0.01% |
115,583
-3,182
| -3% | -$193K |
|