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 | |
|---|---|---|---|---|---|---|
1601
Buckle
BKE
$3.04B
| $3.9M | 0.01% |
76,000
| – | – |
|
1602
Calumet Specialty Products
CLMT
$1.51B
| $3.9M | 0.01% |
149,400
| – | – |
|
|
BRS
1603
DELISTED
Bristow Group, Inc.
BRS
| $3.9M | 0.01% |
64,332
-1,600
| -2% | -$97K |
|
1604
Park National Corp
PRK
$2.72B
| $3.9M | 0.01% |
47,246
-500
| -1% | -$41.2K |
|
1605
Rogers Corp
ROG
$1.47B
| $3.89M | 0.01% |
50,300
+9,100
| +22% | +$704K |
|
|
RUTH
1606
DELISTED
Ruth's Hospitality Group, Inc.
RUTH
| $3.89M | 0.01% |
259,611
+17,634
| +7% | +$264K |
|
1607
Granite Construction
GVA
$4.7B
| $3.89M | 0.01% |
112,046
-2,600
| -2% | -$90.2K |
|
|
PNX
1608
DELISTED
PHOENIX COMPANIES INC. NEW
PNX
| $3.89M | 0.01% |
60,805
-700
| -1% | -$44.7K |
|
1609
Westamerica Bancorp
WABC
$1.24B
| $3.88M | 0.01% |
90,044
+2,000
| +2% | +$86.2K |
|
|
HNH
1610
DELISTED
Handy & Harman Holdings Ltd.
HNH
| $3.88M | 0.01% |
84,000
| – | – |
|
|
PKY
1611
DELISTED
Parkway, Inc.
PKY
| $3.87M | 0.01% |
204,550
+100,500
| +97% | +$1.9M |
|
1612
World Acceptance Corp
WRLD
$900M
| $3.87M | 0.01% |
48,421
-5,751
| -11% | -$459K |
|
1613
Hecla Mining
HL
$7.51B
| $3.87M | 0.01% |
1,130,300
-36,100
| -3% | -$123K |
|
1614
OneSpan
OSPN
$588M
| $3.86M | 0.01% |
177,420
-5,300
| -3% | -$115K |
|
1615
Silicon Laboratories
SLAB
$4.39B
| $3.86M | 0.01% |
86,100
| – | – |
|
|
ANR
1616
DELISTED
ALPHA NATURAL RESOURCES INC.
ANR
| $3.86M | 0.01% |
3,785,465
+1,947,800
| +106% | +$1.99M |
|
1617
United Parks & Resorts
PRKS
$2.79B
| $3.85M | 0.01% |
217,600
+8,100
| +4% | +$143K |
|
1618
Golar LNG
GLNG
$4.16B
| $3.85M | 0.01% |
126,200
+5,600
| +5% | +$171K |
|
|
PKD
1619
DELISTED
Parker Drilling Company
PKD
| $3.85M | 0.01% |
92,373
+52,146
| +130% | +$2.17M |
|
|
SD
1620
DELISTED
SANDRIDGE ENERGY, INC.
SD
| $3.85M | 0.01% |
2,497,373
+1,211,900
| +94% | +$1.87M |
|
1621
MKS Inc. Common Stock
MKSI
$7.73B
| $3.84M | 0.01% |
110,300
| – | – |
|
1622
ASGN Inc
ASGN
$2.26B
| $3.84M | 0.01% |
110,000
-14,826
| -12% | -$518K |
|
|
OILT
1623
DELISTED
OILTANKING PARTNERS L P UIT LTD PARTNERSHIP INT (DE)
OILT
| $3.84M | 0.01% |
85,336
+14,400
| +20% | +$648K |
|
1624
Omnicell
OMCL
$1.46B
| $3.84M | 0.01% |
119,588
-2,100
| -2% | -$67.3K |
|
1625
UMB Financial
UMBF
$9.16B
| $3.82M | 0.01% |
73,439
+2,500
| +4% | +$130K |
|