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 | |
|---|---|---|---|---|---|---|
|
MRH
1226
DELISTED
MONTPELIER RE HOLDINGS LTD
MRH
| $6.46M | 0.01% |
181,400
-700
| -0.4% | -$24.9K |
|
1227
EastGroup Properties
EGP
$8.9B
| $6.46M | 0.01% |
96,359
-100
| -0.1% | -$6.7K |
|
1228
Kemper
KMPR
$3.35B
| $6.46M | 0.01% |
177,300
| – | – |
|
1229
Amkor Technology
AMKR
$6.29B
| $6.45M | 0.01% |
958,519
+280,000
| +41% | +$1.88M |
|
1230
Targa Resources
TRGP
$35.8B
| $6.44M | 0.01% |
69,800
+3,300
| +5% | +$305K |
|
1231
Benchmark Electronics
BHE
$1.41B
| $6.42M | 0.01% |
265,572
+3,600
| +1% | +$87.1K |
|
1232
New Oriental
EDU
$8.79B
| $6.4M | 0.01% |
347,100
| – | – |
|
|
ENLK
1233
DELISTED
EnLink Midstream Partners, LP
ENLK
| $6.4M | 0.01% |
218,600
-500
| -0.2% | -$14.6K |
|
|
SLCA
1234
DELISTED
U.S. SILICA HOLDINGS, INC.
SLCA
| $6.4M | 0.01% |
238,989
-11,531
| -5% | -$309K |
|
1235
Compass Minerals
CMP
$753M
| $6.4M | 0.01% |
71,700
-48,500
| -40% | -$4.33M |
|
|
BOBE
1236
DELISTED
Bob Evans Farms, Inc.
BOBE
| $6.38M | 0.01% |
111,958
+3,925
| +4% | +$224K |
|
|
ESGR
1237
DELISTED
Enstar Group
ESGR
| $6.35M | 0.01% |
45,200
| – | – |
|
1238
Ciena
CIEN
$18.6B
| $6.34M | 0.01% |
327,300
+146,600
| +81% | +$2.84M |
|
1239
Denny's
DENN
$264M
| $6.34M | 0.01% |
564,300
+71,600
| +15% | +$804K |
|
|
PMT
1240
PennyMac Mortgage Investment
PMT
$1.07B
| $6.34M | 0.01% |
279,800
+4,300
| +2% | +$97.4K |
|
1241
Designer Brands
DBI
$225M
| $6.33M | 0.01% |
173,730
+7,596
| +5% | +$277K |
|
1242
Openlane
KAR
$3.07B
| $6.33M | 0.01% |
482,958
-223,777
| -32% | -$2.93M |
|
1243
Knowles
KN
$1.9B
| $6.3M | 0.01% |
288,473
+48,330
| +20% | +$1.06M |
|
1244
Dine Brands
DIN
$368M
| $6.28M | 0.01% |
58,084
-2,586
| -4% | -$280K |
|
1245
Curtiss-Wright
CW
$19.2B
| $6.28M | 0.01% |
93,400
-17,040
| -15% | -$1.15M |
|
1246
Adeia
ADEA
$1.71B
| $6.28M | 0.01% |
636,174
+122,850
| +24% | +$1.21M |
|
|
ASNA
1247
DELISTED
Ascena Retail Group, Inc.
ASNA
| $6.28M | 0.01% |
26,063
+3,854
| +17% | +$929K |
|
1248
Acadia Pharmaceuticals
ACAD
$3.98B
| $6.27M | 0.01% |
197,923
+22,775
| +13% | +$722K |
|
1249
Tetra Tech
TTEK
$9.5B
| $6.27M | 0.01% |
1,285,905
+75,000
| +6% | +$366K |
|
|
UIL
1250
DELISTED
UIL HOLDINGS
UIL
| $6.26M | 0.01% |
132,314
+3,900
| +3% | +$185K |
|