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
|
+$282M |
| 2 |
Alphabet (Google) Class A
GOOGL
|
+$224M |
| 3 |
JOBS
51job, Inc.
JOBS
|
+$26.8M |
| 4 |
Intel
INTC
|
+$24.2M |
| 5 |
WP
Worldpay, Inc.
WP
|
+$22.7M |
Top Sells
| 1 |
Alphabet (Google) Class C
GOOG
|
+$312M |
| 2 |
Amazon
AMZN
|
+$153M |
| 3 |
Johnson & Johnson
JNJ
|
+$75.8M |
| 4 |
Microsoft
MSFT
|
+$69.7M |
| 5 |
Honeywell
HON
|
+$60.9M |
Sector Composition
| 1 | Financials | 18.48% |
| 2 | Technology | 16.84% |
| 3 | Healthcare | 12.76% |
| 4 | Industrials | 10.58% |
| 5 | Consumer Discretionary | 10.45% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
OAK
1601
DELISTED
OAKTREE CAPITAL GROUP, LLC
OAK
| $3.19M | ﹤0.01% |
80,557
-2,618
| -3% | -$104K |
|
|
MTGE
1602
DELISTED
MTGE Investment Corp. Common Stock
MTGE
| $3.19M | ﹤0.01% |
177,917
-38,608
| -18% | -$691K |
|
|
HMSY
1603
DELISTED
HMS Holdings Corp.
HMSY
| $3.18M | ﹤0.01% |
189,054
-6,873
| -4% | -$116K |
|
1604
United Parks & Resorts
PRKS
$2.79B
| $3.18M | ﹤0.01% |
214,587
+3,492
| +2% | +$51.8K |
|
1605
Adeia
ADEA
$1.71B
| $3.18M | ﹤0.01% |
568,297
+1,274
| +0.2% | +$7.13K |
|
1606
Forward Air
FWRD
$904M
| $3.17M | ﹤0.01% |
60,013
-4,637
| -7% | -$245K |
|
|
ISCA
1607
DELISTED
International Speedway Corp
ISCA
| $3.17M | ﹤0.01% |
71,912
+10,906
| +18% | +$481K |
|
1608
Amicus Therapeutics
FOLD
$2.46B
| $3.17M | ﹤0.01% |
210,771
-16,799
| -7% | -$253K |
|
1609
Terreno Realty
TRNO
$6.05B
| $3.17M | ﹤0.01% |
91,787
-6,558
| -7% | -$226K |
|
|
CKH
1610
DELISTED
Seacor Holdings Inc.
CKH
| $3.16M | ﹤0.01% |
61,896
-2,846
| -4% | -$145K |
|
|
SEP
1611
DELISTED
Spectra Engy Parters Lp
SEP
| $3.14M | ﹤0.01% |
93,418
+18,821
| +25% | +$633K |
|
|
ARI
1612
Apollo Commercial Real Estate
ARI
$1.51B
| $3.13M | ﹤0.01% |
174,067
-13,721
| -7% | -$247K |
|
1613
CVB Financial
CVBF
$2.77B
| $3.13M | ﹤0.01% |
138,191
+1,035
| +0.8% | +$23.4K |
|
|
NS
1614
DELISTED
NuStar Energy L.P.
NS
| $3.13M | ﹤0.01% |
153,466
+4,086
| +3% | +$83.3K |
|
1615
United Fire Group
UFCS
$807M
| $3.13M | ﹤0.01% |
65,359
+4,085
| +7% | +$196K |
|
1616
Rigel Pharmaceuticals
RIGL
$681M
| $3.12M | ﹤0.01% |
88,150
| – | – |
|
1617
Patrick Industries
PATK
$3.67B
| $3.11M | ﹤0.01% |
75,497
-2,352
| -3% | -$97K |
|
|
INFN
1618
DELISTED
Infinera Corporation Common Stock
INFN
| $3.11M | ﹤0.01% |
286,600
-1,400
| -0.5% | -$15.2K |
|
|
CMO
1619
DELISTED
Capstead Mortgage Corp.
CMO
| $3.11M | ﹤0.01% |
359,788
-18,135
| -5% | -$157K |
|
1620
J&J Snack Foods
JJSF
$2.02B
| $3.11M | ﹤0.01% |
22,744
-646
| -3% | -$88.2K |
|
1621
American Public Education
APEI
$645M
| $3.1M | ﹤0.01% |
72,192
-15,364
| -18% | -$661K |
|
1622
Select Medical
SEM
$1.55B
| $3.1M | ﹤0.01% |
333,930
-85,520
| -20% | -$795K |
|
|
AKS
1623
DELISTED
AK Steel Holding Corp.
AKS
| $3.1M | ﹤0.01% |
685,256
+256,956
| +60% | +$1.16M |
|
1624
iRhythm Technologies
IRTC
$5.78B
| $3.1M | ﹤0.01% |
49,264
+36,157
| +276% | +$2.28M |
|
1625
Ormat Technologies
ORA
$5.53B
| $3.1M | ﹤0.01% |
54,958
-18,460
| -25% | -$1.04M |
|