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 | |
|---|---|---|---|---|---|---|
1351
Mueller Water Products
MWA
$3.91B
| $5.44M | 0.01% |
549,000
-47,675
| -8% | -$472K |
|
|
EIGR
1352
DELISTED
Eiger BioPharmaceuticals, Inc.
EIGR
| $5.42M | 0.01% |
667
| – | – |
|
1353
United Bankshares
UBSI
$5.3B
| $5.42M | 0.01% |
152,196
-1,200
| -0.8% | -$42.7K |
|
1354
Century Aluminum
CENX
$2.44B
| $5.37M | 0.01% |
226,900
-35,280
| -13% | -$835K |
|
1355
Universal Electronics
UEIC
$62.3M
| $5.36M | 0.01% |
81,532
-6,000
| -7% | -$395K |
|
1356
First Citizens BancShares
FCNCA
$25.5B
| $5.33M | 0.01% |
22,976
-200
| -0.9% | -$46.4K |
|
|
SAFM
1357
DELISTED
Sanderson Farms Inc
SAFM
| $5.33M | 0.01% |
63,000
+2,800
| +5% | +$237K |
|
1358
Take-Two Interactive
TTWO
$45.4B
| $5.31M | 0.01% |
178,900
+700
| +0.4% | +$20.8K |
|
|
HTS
1359
DELISTED
HATTERAS FINANCIAL CORP
HTS
| $5.31M | 0.01% |
288,800
+34,500
| +14% | +$634K |
|
|
CTWS
1360
DELISTED
Connecticut Water Service Inc
CTWS
| $5.3M | 0.01% |
142,300
-800
| -0.6% | -$29.8K |
|
1361
Opko Health
OPK
$1.11B
| $5.29M | 0.01% |
464,981
+161,517
| +53% | +$1.84M |
|
1362
Suburban Propane Partners
SPH
$1.21B
| $5.26M | 0.01% |
115,000
+2,531
| +2% | +$116K |
|
1363
Hilton Worldwide
HLT
$64.6B
| $5.26M | 0.01% |
66,242
-4,758
| -7% | -$378K |
|
|
GHL
1364
DELISTED
Greenhill & Co., Inc.
GHL
| $5.25M | 0.01% |
132,800
+3,400
| +3% | +$134K |
|
|
PIR
1365
DELISTED
Pier 1 Imports, Inc.
PIR
| $5.24M | 0.01% |
15,155
+2,445
| +19% | +$846K |
|
1366
American Axle
AXL
$697M
| $5.24M | 0.01% |
211,878
-24,817
| -10% | -$614K |
|
1367
Kennedy-Wilson Holdings
KW
$1.24B
| $5.24M | 0.01% |
195,900
+10,200
| +5% | +$273K |
|
1368
FerroAtlántica
GSM
$773M
| $5.23M | 0.01% |
324,600
| – | – |
|
1369
Celldex Therapeutics
CLDX
$1.62B
| $5.21M | 0.01% |
14,660
| – | – |
|
1370
Silgan Holdings
SLGN
$4.71B
| $5.21M | 0.01% |
198,948
+3,400
| +2% | +$89K |
|
|
SAFE
1371
Safehold
SAFE
$1.18B
| $5.2M | 0.01% |
78,872
-559
| -0.7% | -$36.9K |
|
1372
STAG Industrial
STAG
$6.77B
| $5.2M | 0.01% |
190,900
+135,600
| +245% | +$3.7M |
|
1373
Franklin Electric
FELE
$4.21B
| $5.2M | 0.01% |
151,544
+911
| +0.6% | +$31.3K |
|
1374
Enpro
NPO
$4.64B
| $5.19M | 0.01% |
85,000
| – | – |
|
|
SEP
1375
DELISTED
Spectra Engy Parters Lp
SEP
| $5.19M | 0.01% |
97,600
+10,000
| +11% | +$532K |
|