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 |
Apollo Global Management
APO
|
+$635M |
| 2 |
Verizon
VZ
|
+$198M |
| 3 |
EOG Resources
EOG
|
+$105M |
| 4 |
Perrigo
PRGO
|
+$46M |
| 5 |
Meta Platforms (Facebook)
META
|
+$40.8M |
Top Sells
| 1 |
SPDR S&P Emerging Markets Small Cap ETF
EWX
|
+$55.6M |
| 2 |
LIFE
LIFE TECHNOLOGIES CORP COM STK (DE)
LIFE
|
+$35.3M |
| 3 |
Vodafone
VOD
|
+$31.5M |
| 4 |
Voya Financial
VOYA
|
+$30.5M |
| 5 |
Walmart
WMT
|
+$27.5M |
Sector Composition
| 1 | Financials | 16.29% |
| 2 | Technology | 13.77% |
| 3 | Healthcare | 12.54% |
| 4 | Industrials | 11.09% |
| 5 | Energy | 9.76% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
1376
Invesco Mortgage Capital
IVR
$502M
| $5.23M | 0.01% |
31,470
+4,350
| +16% | +$723K |
|
1377
Plains GP Holdings
PAGP
$3.7B
| $5.22M | 0.01% |
+71,649
| New | +$5.22M |
|
1378
Kelly Services Class A
KELYA
$481M
| $5.22M | 0.01% |
218,680
+20,480
| +10% | +$489K |
|
|
FMBI
1379
DELISTED
First Midwest Bancorp Inc/IL
FMBI
| $5.21M | 0.01% |
310,022
-27,638
| -8% | -$464K |
|
|
ANAT
1380
DELISTED
American National Group, Inc. Common Stock
ANAT
| $5.2M | 0.01% |
46,493
-4,900
| -10% | -$548K |
|
1381
Hope Bancorp
HOPE
$1.4B
| $5.19M | 0.01% |
314,864
+3,620
| +1% | +$59.7K |
|
1382
Franklin Electric
FELE
$4.21B
| $5.19M | 0.01% |
125,511
+829
| +0.7% | +$34.3K |
|
1383
SunCoke Energy
SXC
$654M
| $5.19M | 0.01% |
225,500
-9,300
| -4% | -$214K |
|
1384
Huron Consulting
HURN
$2.44B
| $5.18M | 0.01% |
85,647
+19,920
| +30% | +$1.2M |
|
|
DFT
1385
DELISTED
DuPont Fabros Technology Inc.
DFT
| $5.18M | 0.01% |
212,467
-1,200
| -0.6% | -$29.3K |
|
|
SONC
1386
DELISTED
Sonic Corp
SONC
| $5.18M | 0.01% |
240,100
-24,200
| -9% | -$522K |
|
1387
Navios Maritime Partners
NMM
$1.4B
| $5.16M | 0.01% |
18,760
| – | – |
|
|
AD
1388
Array Digital Infrastructure, Inc.
AD
$4.41B
| $5.16M | 0.01% |
120,555
-3,300
| -3% | -$141K |
|
|
ABCO
1389
DELISTED
Advisory Board Co/The
ABCO
| $5.14M | 0.01% |
83,600
+3,700
| +5% | +$227K |
|
1390
Minerals Technologies
MTX
$1.99B
| $5.14M | 0.01% |
80,718
-2,800
| -3% | -$178K |
|
|
UMPQ
1391
DELISTED
Umpqua Holdings Corp
UMPQ
| $5.13M | 0.01% |
278,700
-15,400
| -5% | -$283K |
|
1392
PotlatchDeltic
PCH
$3.2B
| $5.12M | 0.01% |
132,500
+12,000
| +10% | +$463K |
|
|
PMCS
1393
DELISTED
P M C SIERRA INC
PMCS
| $5.12M | 0.01% |
691,251
+4,400
| +0.6% | +$32.6K |
|
1394
Sun Communities
SUI
$16.3B
| $5.11M | 0.01% |
115,548
+40,300
| +54% | +$1.78M |
|
1395
Itron
ITRI
$5.47B
| $5.09M | 0.01% |
148,968
-5,100
| -3% | -$174K |
|
|
ABMD
1396
DELISTED
Abiomed Inc
ABMD
| $5.09M | 0.01% |
213,657
-914
| -0.4% | -$21.8K |
|
1397
Matador Resources
MTDR
$5.93B
| $5.08M | 0.01% |
201,230
+164,824
| +453% | +$4.16M |
|
|
QLGC
1398
DELISTED
QLOGIC CORP
QLGC
| $5.05M | 0.01% |
399,056
-10,000
| -2% | -$127K |
|
1399
Old National Bancorp
ONB
$8.88B
| $5.02M | 0.01% |
343,900
+10,990
| +3% | +$160K |
|
1400
Interactive Brokers
IBKR
$28.4B
| $5M | 0.01% |
908,732
-326,000
| -26% | -$1.8M |
|