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 | |
|---|---|---|---|---|---|---|
|
B
1676
DELISTED
Barnes Group Inc.
B
| $3.62M | 0.01% |
102,500
-22,595
| -18% | -$798K |
|
|
CEQP
1677
DELISTED
Crestwood Equity Partners LP
CEQP
| $3.62M | 0.01% |
51,890
+12,400
| +31% | +$864K |
|
|
CMD
1678
DELISTED
Cantel Medical Corporation
CMD
| $3.61M | 0.01% |
85,700
-11,600
| -12% | -$488K |
|
1679
Metallus
MTUS
$697M
| $3.61M | 0.01% |
120,900
-6,300
| -5% | -$188K |
|
|
ENIA
1680
DELISTED
Enel Amricas S.A. American Depositary Shares (Each representing 50 shares of Common Stock)
ENIA
| $3.61M | 0.01% |
419,642
-22,062
| -5% | -$190K |
|
|
ISSI
1681
DELISTED
INTEGRATED SILICON SOLUTN INC
ISSI
| $3.59M | 0.01% |
226,629
+6,476
| +3% | +$103K |
|
|
CSR
1682
Centerspace
CSR
$979M
| $3.59M | 0.01% |
41,923
+13,900
| +50% | +$1.19M |
|
|
DWA
1683
DELISTED
DREAMWORKS ANIMATION SKG INC CL-A
DWA
| $3.59M | 0.01% |
+181,100
| New | +$3.59M |
|
|
HEP
1684
DELISTED
Holly Energy Partners, L.P.
HEP
| $3.59M | 0.01% |
109,677
| – | – |
|
|
ROIC
1685
DELISTED
Retail Opportunity Investments Corp.
ROIC
| $3.58M | ﹤0.01% |
197,800
-100
| -0.1% | -$1.81K |
|
|
FRED
1686
DELISTED
Fred's Inc
FRED
| $3.58M | ﹤0.01% |
203,193
+5,200
| +3% | +$91.6K |
|
1687
DigitalBridge
DBRG
$2.2B
| $3.58M | ﹤0.01% |
41,064
-26,526
| -39% | -$2.31M |
|
1688
Middlesex Water
MSEX
$971M
| $3.57M | ﹤0.01% |
157,600
| – | – |
|
|
FMBI
1689
DELISTED
First Midwest Bancorp Inc/IL
FMBI
| $3.57M | ﹤0.01% |
222,800
-65,822
| -23% | -$1.05M |
|
1690
MBIA
MBI
$393M
| $3.56M | ﹤0.01% |
420,800
+17,700
| +4% | +$150K |
|
1691
ArcelorMittal
MT
$26.4B
| $3.56M | ﹤0.01% |
+162,333
| New | +$3.56M |
|
|
WAC
1692
DELISTED
Walter Investment Mgt Corp
WAC
| $3.55M | ﹤0.01% |
226,000
+65,100
| +40% | +$1.02M |
|
1693
RadNet
RDNT
$5.69B
| $3.55M | ﹤0.01% |
436,936
-10,800
| -2% | -$87.8K |
|
|
PDLI
1694
DELISTED
PDL BioPharma, Inc.
PDLI
| $3.55M | ﹤0.01% |
459,950
+29,650
| +7% | +$229K |
|
|
POWR
1695
DELISTED
POWERSECURE INTL INC COM STK (DE)
POWR
| $3.55M | ﹤0.01% |
365,100
| – | – |
|
1696
Interface
TILE
$1.66B
| $3.54M | ﹤0.01% |
229,900
+86,100
| +60% | +$1.33M |
|
1697
Masimo
MASI
$8.01B
| $3.54M | ﹤0.01% |
131,292
+10,700
| +9% | +$289K |
|
|
FNFG
1698
DELISTED
FIRST NIAGARA FINANCIAL GROUP INC
FNFG
| $3.54M | ﹤0.01% |
432,582
-193,814
| -31% | -$1.59M |
|
|
IOC
1699
DELISTED
Interoil Corporation
IOC
| $3.54M | ﹤0.01% |
89,500
| – | – |
|
1700
CNA Financial
CNA
$12.9B
| $3.53M | ﹤0.01% |
91,740
-49,529
| -35% | -$1.9M |
|