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 |
ATH
Athene Holding Ltd. Class A Common Shares
ATH
|
+$69.3M |
| 2 |
Alphabet (Google) Class C
GOOG
|
+$60.2M |
| 3 |
DXC Technology
DXC
|
+$49.4M |
| 4 |
Berkshire Hathaway Class B
BRK.B
|
+$47.5M |
| 5 |
Amazon
AMZN
|
+$46.9M |
Top Sells
| 1 |
YHOO
Yahoo Inc
YHOO
|
+$170M |
| 2 |
Zoetis
ZTS
|
+$75.8M |
| 3 |
Yum! Brands
YUM
|
+$69M |
| 4 |
Wells Fargo
WFC
|
+$49.2M |
| 5 |
Zimmer Biomet
ZBH
|
+$44.4M |
Sector Composition
| 1 | Financials | 17.92% |
| 2 | Technology | 15.12% |
| 3 | Healthcare | 13.25% |
| 4 | Industrials | 10.83% |
| 5 | Consumer Discretionary | 10.03% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
1526
NGL Energy Partners
NGL
$740M
| $3.41M | 0.01% |
243,800
-10,100
| -4% | -$141K |
|
1527
Theravance Biopharma
TBPH
$720M
| $3.41M | 0.01% |
85,600
+2,400
| +3% | +$95.6K |
|
1528
Carriage Services
CSV
$670M
| $3.41M | 0.01% |
126,300
+3,900
| +3% | +$105K |
|
|
KS
1529
DELISTED
KapStone Paper and Pack Corp.
KS
| $3.4M | 0.01% |
164,600
+3,400
| +2% | +$70.1K |
|
1530
Yelp
YELP
$1.95B
| $3.39M | 0.01% |
112,900
-112,900
| -50% | -$3.39M |
|
|
GMLP
1531
DELISTED
Golar LNG Partners LP
GMLP
| $3.38M | 0.01% |
168,300
+600
| +0.4% | +$12K |
|
1532
Insulet
PODD
$24.1B
| $3.37M | 0.01% |
65,700
+5,400
| +9% | +$277K |
|
|
FOE
1533
DELISTED
Ferro Corporation
FOE
| $3.37M | 0.01% |
184,200
+3,800
| +2% | +$69.5K |
|
1534
Azenta
AZTA
$1.36B
| $3.36M | 0.01% |
155,100
+6,900
| +5% | +$150K |
|
|
SFR
1535
DELISTED
Starwood Waypoint Homes
SFR
| $3.36M | 0.01% |
97,960
+4,200
| +4% | +$144K |
|
1536
Liberty Media Series C
FWONK
$24.9B
| $3.35M | 0.01% |
94,689
+15,514
| +20% | +$549K |
|
1537
MGE Energy Inc
MGEE
$3.08B
| $3.35M | 0.01% |
52,100
-12,000
| -19% | -$772K |
|
1538
Gentherm
THRM
$1.06B
| $3.35M | 0.01% |
86,400
+1,700
| +2% | +$66K |
|
|
CBPO
1539
DELISTED
China Biologic Products Holdings, Inc.
CBPO
| $3.34M | 0.01% |
29,500
+900
| +3% | +$102K |
|
1540
NBT Bancorp
NBTB
$2.27B
| $3.33M | 0.01% |
90,191
-8,000
| -8% | -$296K |
|
1541
Heartland Express
HTLD
$656M
| $3.32M | 0.01% |
159,600
-1,100
| -0.7% | -$22.9K |
|
|
TEN
1542
Tsakos Energy Navigation Ltd.
TEN
$672M
| $3.32M | 0.01% |
138,440
+3,000
| +2% | +$72K |
|
|
TWOU
1543
DELISTED
2U, Inc.
TWOU
| $3.32M | 0.01% |
2,360
+50
| +2% | +$70.4K |
|
1544
International Bancshares
IBOC
$4.39B
| $3.32M | 0.01% |
94,580
-21,800
| -19% | -$764K |
|
1545
Crocs
CROX
$4.23B
| $3.31M | 0.01% |
429,700
-20,400
| -5% | -$157K |
|
1546
Interactive Brokers
IBKR
$28.4B
| $3.31M | 0.01% |
354,000
+3,600
| +1% | +$33.7K |
|
1547
Radware
RDWR
$1.1B
| $3.31M | 0.01% |
188,600
+4,100
| +2% | +$71.9K |
|
|
BEAT
1548
DELISTED
BioTelemetry, Inc.
BEAT
| $3.31M | 0.01% |
98,800
| – | – |
|
1549
Encore Capital Group
ECPG
$1.02B
| $3.3M | 0.01% |
82,300
-5,800
| -7% | -$233K |
|
|
NTUS
1550
DELISTED
Natus Medical Inc
NTUS
| $3.29M | 0.01% |
88,300
+4,100
| +5% | +$153K |
|