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 | |
|---|---|---|---|---|---|---|
1376
Nu Skin
NUS
$596M
| $5.19M | 0.01% |
121,713
-31,080
| -20% | -$1.33M |
|
1377
Commault Systems
CVLT
$7.82B
| $5.19M | 0.01% |
109,300
| – | – |
|
1378
Lithia Motors
LAD
$8.56B
| $5.19M | 0.01% |
58,666
+14,616
| +33% | +$1.29M |
|
|
SGY
1379
DELISTED
Stone Energy
SGY
| $5.17M | 0.01% |
6,184
+2,458
| +66% | +$2.06M |
|
|
ESND
1380
DELISTED
Essendant Inc.
ESND
| $5.15M | 0.01% |
126,200
+2,700
| +2% | +$110K |
|
|
JOYY
1381
JOYY Inc. American Depositary Shares
JOYY
$3.21B
| $5.14M | 0.01% |
71,500
-6,900
| -9% | -$496K |
|
1382
Columbia Sportswear
COLM
$2.99B
| $5.13M | 0.01% |
121,081
+8,383
| +7% | +$355K |
|
1383
Commercial Metals
CMC
$6.47B
| $5.13M | 0.01% |
385,500
+64,600
| +20% | +$860K |
|
|
LNCE
1384
DELISTED
Snyders-Lance, Inc.
LNCE
| $5.1M | 0.01% |
168,300
-5,157
| -3% | -$156K |
|
1385
Cirrus Logic
CRUS
$6B
| $5.09M | 0.01% |
195,700
-12,700
| -6% | -$331K |
|
1386
Caleres
CAL
$503M
| $5.09M | 0.01% |
165,650
-65,711
| -28% | -$2.02M |
|
1387
Darling Ingredients
DAR
$4.97B
| $5.08M | 0.01% |
297,500
-51,065
| -15% | -$873K |
|
1388
Selective Insurance
SIGI
$4.81B
| $5.08M | 0.01% |
188,539
-1,300
| -0.7% | -$35K |
|
|
CRC
1389
DELISTED
California Resources Corporation
CRC
| $5.07M | 0.01% |
+111,009
| New | +$5.07M |
|
1390
Worthington Enterprises
WOR
$3.17B
| $5.07M | 0.01% |
276,713
-8,597
| -3% | -$157K |
|
1391
Nelnet
NNI
$4.46B
| $5.07M | 0.01% |
114,892
-3,800
| -3% | -$168K |
|
|
UPL
1392
DELISTED
Ultra Petroleum Corp. Common Stock
UPL
| $5.07M | 0.01% |
371,100
+54,743
| +17% | +$747K |
|
1393
CommScope
COMM
$3.61B
| $5.04M | 0.01% |
197,200
| – | – |
|
1394
The Greenbrier Companies
GBX
$1.42B
| $5.04M | 0.01% |
89,360
+8,280
| +10% | +$467K |
|
1395
FNB Corp
FNB
$5.89B
| $5.02M | 0.01% |
406,728
+5,606
| +1% | +$69.1K |
|
1396
Glacier Bancorp
GBCI
$5.8B
| $4.99M | 0.01% |
201,500
-18,852
| -9% | -$466K |
|
|
MDSO
1397
DELISTED
Medidata Solutions, Inc.
MDSO
| $4.98M | 0.01% |
109,307
-70,926
| -39% | -$3.23M |
|
1398
Bruker
BRKR
$4.69B
| $4.98M | 0.01% |
267,600
+7,700
| +3% | +$143K |
|
|
ARUN
1399
DELISTED
ARUBA NETWORKS, INC.
ARUN
| $4.98M | 0.01% |
290,600
-54,564
| -16% | -$935K |
|
|
FRGI
1400
DELISTED
Fiesta Restaurant Group, Inc.
FRGI
| $4.97M | 0.01% |
83,843
-2,362
| -3% | -$140K |
|