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 |
Kraft Heinz
KHC
|
+$103M |
| 2 |
NETSCOUT
NTCT
|
+$102M |
| 3 |
PayPal
PYPL
|
+$87.9M |
| 4 |
AT&T
T
|
+$53.9M |
| 5 |
Alibaba
BABA
|
+$49.9M |
Top Sells
| 1 |
Alphabet (Google) Class C
GOOG
|
+$798M |
| 2 |
DTV
DIRECTV COM STK (DE)
DTV
|
+$134M |
| 3 |
KRFT
KRAFT FOODS GROUP INC COM STK (VA)
KRFT
|
+$129M |
| 4 |
eBay
EBAY
|
+$105M |
| 5 |
Apple
AAPL
|
+$56.2M |
Sector Composition
| 1 | Financials | 16.47% |
| 2 | Technology | 14.3% |
| 3 | Healthcare | 14.2% |
| 4 | Industrials | 10.8% |
| 5 | Consumer Discretionary | 9.87% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
1301
Axon Enterprise
AXON
$59.4B
| $4.81M | 0.01% |
218,300
+15,800
| +8% | +$348K |
|
|
BOBE
1302
DELISTED
Bob Evans Farms, Inc.
BOBE
| $4.81M | 0.01% |
110,858
+18,000
| +19% | +$780K |
|
|
DFT
1303
DELISTED
DuPont Fabros Technology Inc.
DFT
| $4.8M | 0.01% |
185,281
| – | – |
|
1304
ServiceNow
NOW
$193B
| $4.79M | 0.01% |
68,900
-15,600
| -18% | -$1.08M |
|
|
TCP
1305
DELISTED
TC Pipelines LP
TCP
| $4.77M | 0.01% |
100,200
-37,500
| -27% | -$1.79M |
|
|
ISLE
1306
DELISTED
Isle of Capri Casinos Inc
ISLE
| $4.76M | 0.01% |
272,900
-34,300
| -11% | -$598K |
|
|
NSR
1307
DELISTED
Neustar Inc
NSR
| $4.75M | 0.01% |
174,700
-3,200
| -2% | -$87.1K |
|
1308
W&T Offshore
WTI
$257M
| $4.75M | 0.01% |
1,583,367
+1,294,800
| +449% | +$3.88M |
|
1309
Hope Bancorp
HOPE
$1.4B
| $4.74M | 0.01% |
315,700
+7,300
| +2% | +$110K |
|
1310
First Financial Bankshares
FFIN
$5.12B
| $4.73M | 0.01% |
297,800
-13,000
| -4% | -$207K |
|
1311
Watts Water Technologies
WTS
$9.39B
| $4.72M | 0.01% |
89,400
-600
| -0.7% | -$31.7K |
|
|
SONC
1312
DELISTED
Sonic Corp
SONC
| $4.72M | 0.01% |
205,700
-4,200
| -2% | -$96.4K |
|
1313
KB Home
KBH
$4.48B
| $4.7M | 0.01% |
346,800
-10,700
| -3% | -$145K |
|
1314
Old National Bancorp
ONB
$8.88B
| $4.66M | 0.01% |
334,600
-3,900
| -1% | -$54.3K |
|
1315
Green Plains
GPRE
$631M
| $4.66M | 0.01% |
239,400
| – | – |
|
|
SCTY
1316
DELISTED
SolarCity Corporation
SCTY
| $4.64M | 0.01% |
108,540
-2,600
| -2% | -$111K |
|
1317
Crocs
CROX
$4.23B
| $4.62M | 0.01% |
357,300
+300
| +0.1% | +$3.88K |
|
1318
Mueller Industries
MLI
$11B
| $4.61M | 0.01% |
312,000
-10,200
| -3% | -$151K |
|
|
MLNX
1319
DELISTED
Mellanox Technologies, Ltd.
MLNX
| $4.61M | 0.01% |
121,900
+3,038
| +3% | +$115K |
|
1320
Invesco Mortgage Capital
IVR
$502M
| $4.61M | 0.01% |
37,630
+1,750
| +5% | +$214K |
|
1321
XPO
XPO
$15.3B
| $4.6M | 0.01% |
558,328
-41,862
| -7% | -$345K |
|
|
GCI
1322
DELISTED
Gannett Co., Inc
GCI
| $4.6M | 0.01% |
312,450
-34,100
| -10% | -$502K |
|
|
SALE
1323
DELISTED
RetailMeNot, Inc. Series 1
SALE
| $4.6M | 0.01% |
558,400
-19,000
| -3% | -$157K |
|
1324
Gentherm
THRM
$1.06B
| $4.59M | 0.01% |
102,100
-34,500
| -25% | -$1.55M |
|
1325
Insight Enterprises
NSIT
$3.9B
| $4.58M | 0.01% |
177,300
-4,800
| -3% | -$124K |
|