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 |
Medtronic
MDT
|
+$293M |
| 2 |
Visa
V
|
+$274M |
| 3 |
AGN
Allergan plc
AGN
|
+$103M |
| 4 |
Equinix
EQIX
|
+$36M |
| 5 |
Qorvo
QRVO
|
+$32M |
Top Sells
| 1 |
AGN
ALLERGAN INC
AGN
|
+$179M |
| 2 |
Wells Fargo
WFC
|
+$127M |
| 3 |
Microsoft
MSFT
|
+$113M |
| 4 |
Occidental Petroleum
OXY
|
+$96.6M |
| 5 |
Johnson & Johnson
JNJ
|
+$94.6M |
Sector Composition
| 1 | Financials | 16.01% |
| 2 | Healthcare | 14.61% |
| 3 | Technology | 14.2% |
| 4 | Industrials | 10.77% |
| 5 | Consumer Discretionary | 9.3% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
RWT
1726
Redwood Trust
RWT
$804M
| $3.14M | ﹤0.01% |
200,200
-16,000
| -7% | -$251K |
|
|
BPT
1727
DELISTED
BP Prudhoe Bay Royalty Trust
BPT
| $3.14M | ﹤0.01% |
50,800
-1,800
| -3% | -$111K |
|
1728
Diamond Hill
DHIL
$387M
| $3.14M | ﹤0.01% |
15,700
+2,800
| +22% | +$559K |
|
|
CAA
1729
DELISTED
CalAtlantic Group, Inc.
CAA
| $3.13M | ﹤0.01% |
70,320
-1,100
| -2% | -$49K |
|
|
TIVO
1730
DELISTED
TIVO INC
TIVO
| $3.13M | ﹤0.01% |
308,900
-5,000
| -2% | -$50.7K |
|
1731
OSI Systems
OSIS
$3.95B
| $3.13M | ﹤0.01% |
44,200
-12,560
| -22% | -$889K |
|
|
CSR
1732
Centerspace
CSR
$979M
| $3.13M | ﹤0.01% |
43,793
+1,870
| +4% | +$134K |
|
1733
Anika Therapeutics
ANIK
$125M
| $3.13M | ﹤0.01% |
94,600
-7,081
| -7% | -$234K |
|
|
KBAL
1734
DELISTED
Kimball International
KBAL
| $3.12M | ﹤0.01% |
256,500
| – | – |
|
|
MAGN
1735
Magnera Corporation
MAGN
$393M
| $3.12M | ﹤0.01% |
10,904
-2,435
| -18% | -$696K |
|
|
RICE
1736
DELISTED
Rice Energy Inc.
RICE
| $3.11M | ﹤0.01% |
+149,400
| New | +$3.11M |
|
1737
Resources Connection
RGP
$172M
| $3.11M | ﹤0.01% |
193,285
-20,700
| -10% | -$333K |
|
|
KRA
1738
DELISTED
Kraton Corporation
KRA
| $3.11M | ﹤0.01% |
130,100
-7,200
| -5% | -$172K |
|
1739
Star Bulk Carriers
SBLK
$2.2B
| $3.1M | ﹤0.01% |
211,014
| – | – |
|
|
INVN
1740
DELISTED
Invensense Inc
INVN
| $3.1M | ﹤0.01% |
205,400
| – | – |
|
1741
Texas Pacific Land
TPL
$21.5B
| $3.1M | ﹤0.01% |
61,800
-11,700
| -16% | -$587K |
|
|
FNGN
1742
DELISTED
Financial Engines, Inc.
FNGN
| $3.08M | ﹤0.01% |
72,500
+3,800
| +6% | +$161K |
|
|
EVER
1743
DELISTED
Everbank Financial Corp
EVER
| $3.08M | ﹤0.01% |
156,700
+12,700
| +9% | +$250K |
|
|
VRTU
1744
DELISTED
Virtusa Corporation
VRTU
| $3.07M | ﹤0.01% |
59,800
| – | – |
|
1745
TG Therapeutics
TGTX
$5.1B
| $3.07M | ﹤0.01% |
185,200
+35,400
| +24% | +$587K |
|
1746
ICU Medical
ICUI
$3.22B
| $3.07M | ﹤0.01% |
32,100
+3,400
| +12% | +$325K |
|
|
AJRD
1747
DELISTED
Aerojet Rocketdyne Holdings, Inc.
AJRD
| $3.07M | ﹤0.01% |
148,800
+17,500
| +13% | +$361K |
|
|
LTC
1748
LTC Properties
LTC
$1.67B
| $3.07M | ﹤0.01% |
73,699
-4,000
| -5% | -$166K |
|
1749
Banner Corp
BANR
$2.29B
| $3.06M | ﹤0.01% |
63,900
-34,903
| -35% | -$1.67M |
|
|
LHCG
1750
DELISTED
LHC Group LLC
LHCG
| $3.06M | ﹤0.01% |
80,000
-5,500
| -6% | -$210K |
|