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 | |
|---|---|---|---|---|---|---|
|
KATE
1251
DELISTED
Kate Spade & Company
KATE
| $6.26M | 0.01% |
214,000
-15,235
| -7% | -$446K |
|
1252
American Homes 4 Rent
AMH
$12.7B
| $6.24M | 0.01% |
371,200
+359,800
| +3,156% | +$6.05M |
|
|
CRAY
1253
DELISTED
Cray, Inc.
CRAY
| $6.24M | 0.01% |
188,485
-16,456
| -8% | -$545K |
|
1254
Skywest
SKYW
$4.35B
| $6.24M | 0.01% |
461,709
+50,368
| +12% | +$681K |
|
|
PMCS
1255
DELISTED
P M C SIERRA INC
PMCS
| $6.23M | 0.01% |
714,691
+84,500
| +13% | +$736K |
|
1256
H.B. Fuller
FUL
$3.33B
| $6.21M | 0.01% |
150,900
| – | – |
|
1257
Morningstar
MORN
$10.8B
| $6.21M | 0.01% |
93,368
+30,700
| +49% | +$2.04M |
|
|
PSB
1258
DELISTED
PS Business Parks, Inc.
PSB
| $6.21M | 0.01% |
70,620
-7,269
| -9% | -$639K |
|
|
HCR
1259
DELISTED
Hi-Crush Inc. Common Stock
HCR
| $6.21M | 0.01% |
177,200
+70,100
| +65% | +$2.46M |
|
|
CSG
1260
DELISTED
CHAMBERS STR PPTYS COM
CSG
| $6.21M | 0.01% |
720,700
+610,100
| +552% | +$5.25M |
|
1261
Crane NXT
CXT
$3.46B
| $6.19M | 0.01% |
302,871
-347,495
| -53% | -$7.1M |
|
1262
Valley National Bancorp
VLY
$6.04B
| $6.18M | 0.01% |
662,678
+80,387
| +14% | +$750K |
|
1263
Advanced Micro Devices
AMD
$257B
| $6.18M | 0.01% |
2,289,624
+1,128,300
| +97% | +$3.05M |
|
1264
Asbury Automotive
ABG
$4.8B
| $6.17M | 0.01% |
80,700
-700
| -0.9% | -$53.6K |
|
|
AMED
1265
DELISTED
Amedisys
AMED
| $6.17M | 0.01% |
212,600
+13,400
| +7% | +$389K |
|
|
AYR
1266
DELISTED
Aircastle Limited
AYR
| $6.16M | 0.01% |
292,483
+13,800
| +5% | +$291K |
|
1267
Werner Enterprises
WERN
$1.68B
| $6.16M | 0.01% |
200,267
+69,205
| +53% | +$2.13M |
|
1268
Unisys
UIS
$282M
| $6.14M | 0.01% |
232,200
+40,000
| +21% | +$1.06M |
|
1269
Watts Water Technologies
WTS
$9.39B
| $6.14M | 0.01% |
102,603
+200
| +0.2% | +$12K |
|
|
SDLP
1270
DELISTED
SEADRILL PARTNERS LLC
SDLP
| $6.13M | 0.01% |
43,010
+28,260
| +192% | +$4.03M |
|
|
MDCO
1271
DELISTED
Medicines Co
MDCO
| $6.13M | 0.01% |
213,500
| – | – |
|
|
LCI
1272
DELISTED
Lannett Company, Inc.
LCI
| $6.12M | 0.01% |
30,375
+1,263
| +4% | +$254K |
|
1273
Advanced Drainage Systems
WMS
$11B
| $6.11M | 0.01% |
245,000
| – | – |
|
1274
Neogen
NEOG
$1.19B
| $6.09M | 0.01% |
334,533
-59,254
| -15% | -$1.08M |
|
|
IBKC
1275
DELISTED
IBERIABANK Corp
IBKC
| $6.09M | 0.01% |
107,610
-17,000
| -14% | -$962K |
|