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 | |
|---|---|---|---|---|---|---|
1401
AAR Corp
AIR
$2.67B
| $5M | 0.01% |
200,620
+82,220
| +69% | +$2.05M |
|
1402
Pebblebrook Hotel Trust
PEB
$1.38B
| $5M | 0.01% |
146,095
+15,919
| +12% | +$545K |
|
1403
Radian Group
RDN
$4.76B
| $5M | 0.01% |
345,342
+13,341
| +4% | +$193K |
|
1404
First Industrial Realty Trust
FR
$6.91B
| $5M | 0.01% |
260,904
+13,072
| +5% | +$250K |
|
1405
Cracker Barrel
CBRL
$1.14B
| $4.99M | 0.01% |
52,624
-3,200
| -6% | -$303K |
|
1406
Silgan Holdings
SLGN
$4.71B
| $4.98M | 0.01% |
198,348
+18,800
| +10% | +$472K |
|
|
HIBB
1407
DELISTED
Hibbett, Inc. Common Stock
HIBB
| $4.98M | 0.01% |
92,083
+3,373
| +4% | +$182K |
|
|
ZNGA
1408
DELISTED
ZYNGA INC. CL A COMMON
ZNGA
| $4.97M | 0.01% |
1,156,000
-251,100
| -18% | -$1.08M |
|
1409
Axon Enterprise
AXON
$59.4B
| $4.96M | 0.01% |
290,988
+33,542
| +13% | +$571K |
|
|
TOWR
1410
DELISTED
Tower International, Inc.
TOWR
| $4.94M | 0.01% |
172,600
+24,103
| +16% | +$690K |
|
1411
First Financial Bankshares
FFIN
$5.12B
| $4.94M | 0.01% |
327,200
+7,600
| +2% | +$115K |
|
1412
BOK Financial
BOKF
$7.06B
| $4.94M | 0.01% |
72,966
-2,900
| -4% | -$196K |
|
|
PTP
1413
DELISTED
PLATINUM UNDERWRITERS HLDGS LTD
PTP
| $4.93M | 0.01% |
81,900
-1,700
| -2% | -$102K |
|
|
HA
1414
DELISTED
Hawaiian Holdings, Inc.
HA
| $4.92M | 0.01% |
372,189
-77,600
| -17% | -$1.03M |
|
|
RPAI
1415
DELISTED
RETAIL PROPERTIES OF AMERICA, INC.
RPAI
| $4.92M | 0.01% |
353,000
+102,600
| +41% | +$1.43M |
|
1416
Morningstar
MORN
$10.8B
| $4.91M | 0.01% |
64,568
+2,000
| +3% | +$152K |
|
1417
Altisource Portfolio Solutions
ASPS
$124M
| $4.9M | 0.01% |
5,229
-38
| -0.7% | -$35.6K |
|
|
RWT
1418
Redwood Trust
RWT
$804M
| $4.9M | 0.01% |
245,280
+65,400
| +36% | +$1.31M |
|
1419
BGC Group
BGC
$4.82B
| $4.89M | 0.01% |
1,130,641
-403,522
| -26% | -$1.74M |
|
|
TCP
1420
DELISTED
TC Pipelines LP
TCP
| $4.88M | 0.01% |
97,400
+1,300
| +1% | +$65.2K |
|
|
BRS
1421
DELISTED
Bristow Group, Inc.
BRS
| $4.88M | 0.01% |
65,632
+800
| +1% | +$59.5K |
|
1422
AZZ Inc
AZZ
$3.52B
| $4.88M | 0.01% |
110,600
+8,100
| +8% | +$357K |
|
1423
Spectrum Brands
SPB
$1.29B
| $4.87M | 0.01% |
62,500
+2,000
| +3% | +$156K |
|
|
PIR
1424
DELISTED
Pier 1 Imports, Inc.
PIR
| $4.87M | 0.01% |
13,320
-396
| -3% | -$145K |
|
1425
Steven Madden
SHOO
$2.26B
| $4.87M | 0.01% |
206,100
-12,218
| -6% | -$288K |
|