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 | |
|---|---|---|---|---|---|---|
1526
Star Bulk Carriers
SBLK
$2.2B
| $4.27M | 0.01% |
211,014
+132,120
| +167% | +$2.68M |
|
1527
Kaiser Aluminum
KALU
$1.24B
| $4.27M | 0.01% |
61,061
-3,183
| -5% | -$223K |
|
1528
Korn Ferry
KFY
$3.79B
| $4.27M | 0.01% |
146,936
-12,996
| -8% | -$378K |
|
|
RENT
1529
DELISTED
RENTRAK CORP
RENT
| $4.26M | 0.01% |
55,399
+3,955
| +8% | +$304K |
|
1530
MidCap Financial Investment
MFIC
$1.16B
| $4.26M | 0.01% |
196,933
| – | – |
|
1531
MillerKnoll
MLKN
$1.4B
| $4.26M | 0.01% |
148,000
+15,100
| +11% | +$435K |
|
|
SPNC
1532
DELISTED
Spectranetics Corp
SPNC
| $4.26M | 0.01% |
122,937
-12,410
| -9% | -$430K |
|
|
BWP
1533
DELISTED
Boardwalk Pipeline Partners
BWP
| $4.25M | 0.01% |
272,600
+800
| +0.3% | +$12.5K |
|
1534
iShares US Real Estate ETF
IYR
$3.65B
| $4.25M | 0.01% |
+51,200
| New | +$4.25M |
|
|
BRKL
1535
DELISTED
Brookline Bancorp
BRKL
| $4.24M | 0.01% |
439,286
-2,700
| -0.6% | -$26K |
|
1536
MasTec
MTZ
$15B
| $4.23M | 0.01% |
216,489
-11,102
| -5% | -$217K |
|
|
UTIW
1537
DELISTED
UTI WORLDWIDE INC
UTIW
| $4.21M | 0.01% |
367,000
+18,500
| +5% | +$212K |
|
|
CPLA
1538
DELISTED
Capella Education Company
CPLA
| $4.2M | 0.01% |
60,945
+900
| +1% | +$62.1K |
|
|
CWEI
1539
DELISTED
Clayton Williams Energy, Inc.
CWEI
| $4.2M | 0.01% |
71,300
| – | – |
|
1540
Kulicke & Soffa
KLIC
$2.01B
| $4.2M | 0.01% |
287,470
-79,430
| -22% | -$1.16M |
|
1541
Cathay General Bancorp
CATY
$3.39B
| $4.19M | 0.01% |
170,400
+2,000
| +1% | +$49.2K |
|
|
AF
1542
DELISTED
Astoria Financial Corporation
AF
| $4.19M | 0.01% |
329,924
+60,550
| +22% | +$768K |
|
|
ELNK
1543
DELISTED
EarthLink Holdings Corp.
ELNK
| $4.18M | 0.01% |
951,003
+167,600
| +21% | +$737K |
|
1544
Flotek Industries
FTK
$341M
| $4.17M | 0.01% |
41,165
-1,652
| -4% | -$167K |
|
1545
Andersons Inc
ANDE
$1.38B
| $4.17M | 0.01% |
88,100
+8,100
| +10% | +$383K |
|
1546
Assertio
ASRT
$78.3M
| $4.16M | 0.01% |
53,970
+3,600
| +7% | +$278K |
|
1547
Semtech
SMTC
$5.23B
| $4.16M | 0.01% |
155,600
-22,040
| -12% | -$589K |
|
|
BPT
1548
DELISTED
BP Prudhoe Bay Royalty Trust
BPT
| $4.15M | 0.01% |
52,600
+2,600
| +5% | +$205K |
|
|
AD
1549
Array Digital Infrastructure, Inc.
AD
$4.41B
| $4.15M | 0.01% |
117,855
+22,100
| +23% | +$778K |
|
|
EQY
1550
DELISTED
Equity One
EQY
| $4.15M | 0.01% |
149,738
| – | – |
|