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 | |
|---|---|---|---|---|---|---|
1551
IQVIA
IQV
$31.8B
| $4.2M | 0.01% |
82,270
+59,570
| +262% | +$3.04M |
|
1552
Dynagas LNG Partners
DLNG
$141M
| $4.19M | 0.01% |
200,000
| – | – |
|
1553
Team
TISI
$81.8M
| $4.18M | 0.01% |
9,620
+2,260
| +31% | +$983K |
|
|
TXI
1554
DELISTED
TEXAS INDUSTRIES INC
TXI
| $4.18M | 0.01% |
48,700
+3,700
| +8% | +$317K |
|
1555
Cirrus Logic
CRUS
$6B
| $4.18M | 0.01% |
203,100
+4,900
| +2% | +$101K |
|
1556
Plexus
PLXS
$3.73B
| $4.17M | 0.01% |
102,553
-13,000
| -11% | -$528K |
|
1557
Norwegian Cruise Line
NCLH
$12B
| $4.16M | 0.01% |
132,300
+93,500
| +241% | +$2.94M |
|
|
SEP
1558
DELISTED
Spectra Engy Parters Lp
SEP
| $4.16M | 0.01% |
84,200
-60,800
| -42% | -$3M |
|
|
LOCK
1559
DELISTED
LifeLock, Inc.
LOCK
| $4.15M | 0.01% |
253,973
-60,390
| -19% | -$988K |
|
1560
Scorpio Tankers
STNG
$2.99B
| $4.15M | 0.01% |
44,510
| – | – |
|
1561
MillerKnoll
MLKN
$1.4B
| $4.15M | 0.01% |
135,800
-35,900
| -21% | -$1.1M |
|
|
ARNA
1562
DELISTED
Arena Pharmaceuticals Inc
ARNA
| $4.15M | 0.01% |
64,520
| – | – |
|
|
NTUS
1563
DELISTED
Natus Medical Inc
NTUS
| $4.13M | 0.01% |
170,800
+40,000
| +31% | +$968K |
|
|
MGAM
1564
DELISTED
MULTIMEDIA GAMES HOLDING COMPANY INC COM STK (TX)
MGAM
| $4.13M | 0.01% |
151,100
+26,800
| +22% | +$733K |
|
|
CSH
1565
DELISTED
CASH AMERICA INTERNATIONAL INC
CSH
| $4.12M | 0.01% |
237,673
+16,530
| +7% | +$287K |
|
|
LTM
1566
DELISTED
LIFE TIME FITNESS INC
LTM
| $4.12M | 0.01% |
84,906
+6,223
| +8% | +$302K |
|
1567
HEICO Class A
HEI.A
$34.9B
| $4.11M | 0.01% |
187,207
+8,008
| +4% | +$176K |
|
1568
Teva Pharmaceuticals
TEVA
$22.9B
| $4.11M | 0.01% |
+80,700
| New | +$4.11M |
|
1569
Werner Enterprises
WERN
$1.68B
| $4.11M | 0.01% |
165,152
-68,012
| -29% | -$1.69M |
|
1570
Sabesp
SBS
$16B
| $4.11M | 0.01% |
451,290
+216,035
| +92% | +$1.97M |
|
1571
Bausch Health
BHC
$2.68B
| $4.09M | 0.01% |
33,555
-33,763
| -50% | -$4.12M |
|
|
BEL
1572
DELISTED
Belmond Ltd.
BEL
| $4.09M | 0.01% |
306,700
+45,300
| +17% | +$605K |
|
|
SN
1573
DELISTED
Sanchez Energy Corporation
SN
| $4.09M | 0.01% |
141,493
+75,379
| +114% | +$2.18M |
|
|
TIVO
1574
DELISTED
TIVO INC
TIVO
| $4.08M | 0.01% |
330,225
+20,425
| +7% | +$253K |
|
1575
Strategy Inc Common Stock Class A
MSTR
$94B
| $4.08M | 0.01% |
390,000
+47,000
| +14% | +$492K |
|