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 | |
|---|---|---|---|---|---|---|
|
CNW
1551
DELISTED
CON-WAY INC.
CNW
| $4.14M | 0.01% |
96,850
-75,400
| -44% | -$3.23M |
|
|
CONE
1552
DELISTED
CyrusOne Inc Common Stock
CONE
| $4.14M | 0.01% |
143,304
+118,476
| +477% | +$3.42M |
|
|
KMI.WS
1553
DELISTED
Kinder Morgan Inc
KMI.WS
| $4.13M | 0.01% |
1,028,569
| – | – |
|
|
JOBS
1554
DELISTED
51job, Inc.
JOBS
| $4.12M | 0.01% |
116,704
+1,404
| +1% | +$49.6K |
|
|
QLIK
1555
DELISTED
QLIK TECHNOLOGIES INC COM STK (DE)
QLIK
| $4.11M | 0.01% |
140,600
| – | – |
|
1556
Matsons
MATX
$3.29B
| $4.11M | 0.01% |
113,200
-7,200
| -6% | -$261K |
|
1557
Veeco
VECO
$1.52B
| $4.11M | 0.01% |
131,600
+600
| +0.5% | +$18.7K |
|
1558
Exponent
EXPO
$3.54B
| $4.11M | 0.01% |
199,200
| – | – |
|
|
CIE
1559
DELISTED
Cobalt International Energy, Inc
CIE
| $4.11M | 0.01% |
31,167
-17,846
| -36% | -$2.35M |
|
|
CDR
1560
DELISTED
Cedar Realty Trust, Inc
CDR
| $4.1M | 0.01% |
76,335
+36,865
| +93% | +$1.98M |
|
1561
Cal-Maine
CALM
$5.37B
| $4.1M | 0.01% |
111,200
-54,800
| -33% | -$2.02M |
|
1562
Texas Capital Bancshares
TCBI
$3.98B
| $4.1M | 0.01% |
95,100
-1,400
| -1% | -$60.3K |
|
|
BGG
1563
DELISTED
Briggs & Stratton Corp.
BGG
| $4.1M | 0.01% |
213,600
+800
| +0.4% | +$15.3K |
|
1564
RBC Bearings
RBC
$11.8B
| $4.09M | 0.01% |
66,900
-2,700
| -4% | -$165K |
|
1565
Group 1 Automotive
GPI
$6.03B
| $4.09M | 0.01% |
49,600
-3,300
| -6% | -$272K |
|
|
HIBB
1566
DELISTED
Hibbett, Inc. Common Stock
HIBB
| $4.08M | 0.01% |
82,500
-1,000
| -1% | -$49.5K |
|
1567
Anika Therapeutics
ANIK
$125M
| $4.07M | 0.01% |
101,681
+1,881
| +2% | +$75.3K |
|
1568
OSI Systems
OSIS
$3.95B
| $4.07M | 0.01% |
56,760
-7,250
| -11% | -$519K |
|
|
SYKE
1569
DELISTED
SYKES Enterprises Inc
SYKE
| $4.06M | 0.01% |
175,965
-2,700
| -2% | -$62.3K |
|
|
MAGN
1570
Magnera Corporation
MAGN
$393M
| $4.06M | 0.01% |
13,339
+2,459
| +23% | +$748K |
|
1571
Unifirst Corp
UNF
$3.18B
| $4.06M | 0.01% |
34,448
-11,785
| -25% | -$1.39M |
|
1572
Universal Display
OLED
$6.49B
| $4.05M | 0.01% |
130,312
| – | – |
|
1573
TrueCar
TRUE
$215M
| $4.04M | 0.01% |
229,312
-3,502
| -2% | -$61.7K |
|
1574
Boise Cascade
BCC
$3.2B
| $4.02M | 0.01% |
101,925
-8,320
| -8% | -$328K |
|
1575
First Financial Bankshares
FFIN
$5.12B
| $4.01M | 0.01% |
310,600
| – | – |
|