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 | |
|---|---|---|---|---|---|---|
1576
Perdoceo Education
PRDO
$2.26B
| $4.01M | 0.01% |
697,458
-106,400
| -13% | -$612K |
|
1577
Banner Corp
BANR
$2.29B
| $4.01M | 0.01% |
98,803
| – | – |
|
1578
JD.com
JD
$47.7B
| $4.01M | 0.01% |
158,100
+137,100
| +653% | +$3.47M |
|
1579
Mercer International
MERC
$206M
| $4M | 0.01% |
321,984
+40,900
| +15% | +$508K |
|
1580
AAR Corp
AIR
$2.67B
| $4M | 0.01% |
138,700
-30,355
| -18% | -$874K |
|
1581
Quad
QUAD
$333M
| $3.99M | 0.01% |
197,340
+7,400
| +4% | +$150K |
|
|
CMO
1582
DELISTED
Capstead Mortgage Corp.
CMO
| $3.99M | 0.01% |
325,300
+17,100
| +6% | +$210K |
|
1583
Greif
GEF
$3.59B
| $3.98M | 0.01% |
99,642
+5,622
| +6% | +$225K |
|
1584
Cogent Communications
CCOI
$1.77B
| $3.97M | 0.01% |
104,900
| – | – |
|
1585
MRC Global
MRC
$1.23B
| $3.96M | 0.01% |
342,004
+150,404
| +78% | +$1.74M |
|
|
CRR
1586
DELISTED
Carbo Ceramics Inc.
CRR
| $3.96M | 0.01% |
110,700
+52,600
| +91% | +$1.88M |
|
1587
KB Home
KBH
$4.48B
| $3.96M | 0.01% |
324,600
| – | – |
|
1588
Matador Resources
MTDR
$5.93B
| $3.96M | 0.01% |
174,235
-26,995
| -13% | -$613K |
|
1589
Insperity
NSP
$1.99B
| $3.95M | 0.01% |
184,044
+5,400
| +3% | +$116K |
|
1590
California Water Service
CWT
$2.76B
| $3.94M | 0.01% |
154,379
+1,500
| +1% | +$38.3K |
|
|
PVA
1591
DELISTED
PENN VIRGINIA CORP
PVA
| $3.94M | 0.01% |
733,489
+535,700
| +271% | +$2.88M |
|
1592
G-III Apparel Group
GIII
$1.12B
| $3.94M | 0.01% |
80,502
+12,634
| +19% | +$618K |
|
|
MORE
1593
DELISTED
Monogram Residential Trust, Inc.
MORE
| $3.94M | 0.01% |
+422,800
| New | +$3.94M |
|
|
RYL
1594
DELISTED
RYLAND GROUP INC
RYL
| $3.93M | 0.01% |
107,712
+16,412
| +18% | +$599K |
|
|
COR
1595
DELISTED
Coresite Realty Corporation
COR
| $3.93M | 0.01% |
89,115
-12,487
| -12% | -$550K |
|
|
HZNP
1596
DELISTED
Horizon Therapeutics Public Limited Company Ordinary Shares
HZNP
| $3.92M | 0.01% |
235,402
+72,858
| +45% | +$1.21M |
|
1597
Five Below
FIVE
$7.71B
| $3.91M | 0.01% |
113,700
-31,048
| -21% | -$1.07M |
|
1598
Oxford Industries
OXM
$701M
| $3.91M | 0.01% |
66,919
| – | – |
|
1599
Scansource
SCSC
$974M
| $3.91M | 0.01% |
99,331
+1,300
| +1% | +$51.1K |
|
|
LTM
1600
DELISTED
LIFE TIME FITNESS INC
LTM
| $3.91M | 0.01% |
70,600
+900
| +1% | +$49.8K |
|