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 | |
|---|---|---|---|---|---|---|
1401
Guess, Inc.
GES
$869M
| $4.97M | 0.01% |
247,834
+16,391
| +7% | +$329K |
|
|
MNDT
1402
DELISTED
Mandiant, Inc. Common Stock
MNDT
| $4.96M | 0.01% |
142,450
+125
| +0.1% | +$4.36K |
|
|
FGP
1403
DELISTED
Ferrellgas Partners, L.P.
FGP
| $4.96M | 0.01% |
209,500
+13,500
| +7% | +$320K |
|
|
FINL
1404
DELISTED
Finish Line
FINL
| $4.96M | 0.01% |
200,591
+45
| +0% | +$1.11K |
|
|
FSP
1405
Franklin Street Properties
FSP
$174M
| $4.95M | 0.01% |
378,393
+4,300
| +1% | +$56.3K |
|
1406
Power Integrations
POWI
$2.48B
| $4.95M | 0.01% |
182,600
-3,710
| -2% | -$101K |
|
1407
Vipshop
VIPS
$8.97B
| $4.93M | 0.01% |
208,200
+32,200
| +18% | +$763K |
|
|
EDE
1408
DELISTED
Empire District Electric
EDE
| $4.92M | 0.01% |
157,847
-26,760
| -14% | -$834K |
|
1409
Strategy Inc Common Stock Class A
MSTR
$94B
| $4.91M | 0.01% |
304,000
-4,000
| -1% | -$64.6K |
|
|
DGI
1410
DELISTED
DigitalGlobe Inc.
DGI
| $4.9M | 0.01% |
176,700
+20,100
| +13% | +$558K |
|
1411
Northwest Natural Holdings
NWN
$1.73B
| $4.9M | 0.01% |
95,270
-200
| -0.2% | -$10.3K |
|
1412
Norwegian Cruise Line
NCLH
$12B
| $4.9M | 0.01% |
107,400
+7,800
| +8% | +$356K |
|
|
EDR
1413
DELISTED
Education Realty Trust Inc
EDR
| $4.9M | 0.01% |
139,299
+44,366
| +47% | +$1.56M |
|
|
ECOL
1414
DELISTED
US Ecology, Inc.
ECOL
| $4.89M | 0.01% |
115,600
| – | – |
|
1415
Strategic Education
STRA
$1.98B
| $4.89M | 0.01% |
69,112
-8,500
| -11% | -$601K |
|
|
NSR
1416
DELISTED
Neustar Inc
NSR
| $4.88M | 0.01% |
177,600
+8,000
| +5% | +$220K |
|
1417
Tidewater
TDW
$2.93B
| $4.88M | 0.01% |
+4,943
| New | +$4.88M |
|
|
ARMH
1418
DELISTED
ARM HOLDINGS PLC ADS
ARMH
| $4.86M | 0.01% |
+102,736
| New | +$4.86M |
|
|
AMAG
1419
DELISTED
AMAG Pharmaceuticals, Inc.
AMAG
| $4.86M | 0.01% |
109,500
+30,500
| +39% | +$1.35M |
|
1420
Brink's
BCO
$4.83B
| $4.85M | 0.01% |
209,587
-1,270
| -0.6% | -$29.4K |
|
|
BMCH
1421
DELISTED
BMC Stock Holdings, Inc
BMCH
| $4.84M | 0.01% |
310,000
| – | – |
|
1422
Acadia Realty Trust
AKR
$2.64B
| $4.84M | 0.01% |
134,303
+3,800
| +3% | +$137K |
|
1423
WD-40
WDFC
$2.86B
| $4.83M | 0.01% |
57,436
-600
| -1% | -$50.5K |
|
|
AIFU
1424
AIFU Inc. Class A Ordinary Share
AIFU
$82.6M
| $4.82M | 0.01% |
28,900
-1,920
| -6% | -$320K |
|
|
SC
1425
DELISTED
SANTANDER CONSUMER USA HOLDINGS INC
SC
| $4.81M | 0.01% |
259,783
+47,483
| +22% | +$880K |
|