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 | |
|---|---|---|---|---|---|---|
1801
Ubiquiti
UI
$36.6B
| $3.07M | ﹤0.01% |
110,900
+98,200
| +773% | +$2.72M |
|
|
INVN
1802
DELISTED
Invensense Inc
INVN
| $3.07M | ﹤0.01% |
205,400
+87,076
| +74% | +$1.3M |
|
1803
Biglari Holdings Class B
BH
$943M
| $3.06M | ﹤0.01% |
10,700
+393
| +4% | +$113K |
|
|
HNGR
1804
DELISTED
Hanger Inc.
HNGR
| $3.06M | ﹤0.01% |
140,289
+13,600
| +11% | +$297K |
|
|
ABCO
1805
DELISTED
Advisory Board Co/The
ABCO
| $3.06M | ﹤0.01% |
64,900
-27,813
| -30% | -$1.31M |
|
|
ARNA
1806
DELISTED
Arena Pharmaceuticals Inc
ARNA
| $3.04M | ﹤0.01% |
63,630
| – | – |
|
|
CUB
1807
DELISTED
Cubic Corporation
CUB
| $3.04M | ﹤0.01% |
59,200
-10,800
| -15% | -$554K |
|
|
TCF
1808
DELISTED
TCF Financial Corporation Common Stock
TCF
| $3.02M | ﹤0.01% |
103,900
+5,100
| +5% | +$148K |
|
|
EGL
1809
DELISTED
Engility Holdings, Inc.
EGL
| $3.01M | ﹤0.01% |
72,410
+6,810
| +10% | +$283K |
|
1810
Premier
PINC
$2.2B
| $3.01M | ﹤0.01% |
92,600
+10,000
| +12% | +$325K |
|
|
HOS
1811
DELISTED
Hornbeck Offshore Services, Inc.
HOS
| $3.01M | ﹤0.01% |
132,600
+49,278
| +59% | +$1.12M |
|
|
NPBC
1812
DELISTED
NATL PENN BANCSHARES INC
NPBC
| $3.01M | ﹤0.01% |
299,969
+13,756
| +5% | +$138K |
|
|
SIR
1813
DELISTED
SELECT INCOME REIT
SIR
| $3M | ﹤0.01% |
265,069
+202,020
| +320% | +$2.29M |
|
|
ANK
1814
DELISTED
ATLANTIC TELE-NETWORK,INC
ANK
| $3M | ﹤0.01% |
44,570
+12,370
| +38% | +$832K |
|
|
RSTI
1815
DELISTED
Rofin-Sinar Technologies Inc
RSTI
| $2.99M | ﹤0.01% |
107,900
| – | – |
|
1816
SouthState Bank Corporation
SSB
$10.2B
| $2.98M | ﹤0.01% |
49,069
+1,800
| +4% | +$109K |
|
|
SIGM
1817
DELISTED
Sigma Designs Inc
SIGM
| $2.98M | ﹤0.01% |
443,000
+5,000
| +1% | +$33.6K |
|
1818
HUB Group
HUBG
$2.2B
| $2.97M | ﹤0.01% |
170,800
| – | – |
|
1819
ePlus
PLUS
$1.97B
| $2.97M | ﹤0.01% |
172,400
+7,200
| +4% | +$124K |
|
|
CMRX
1820
DELISTED
Chimerix, Inc.
CMRX
| $2.97M | ﹤0.01% |
74,783
+61,355
| +457% | +$2.43M |
|
|
TGP
1821
DELISTED
Teekay LNG Partners L.P.
TGP
| $2.96M | ﹤0.01% |
76,800
| – | – |
|
1822
HealthStream
HSTM
$855M
| $2.96M | ﹤0.01% |
104,700
+22,300
| +27% | +$630K |
|
1823
Credit Acceptance
CACC
$5.33B
| $2.96M | ﹤0.01% |
21,397
+400
| +2% | +$55.3K |
|
1824
Citi Trends
CTRN
$281M
| $2.96M | ﹤0.01% |
123,469
-13,900
| -10% | -$333K |
|
1825
Orthofix Medical
OFIX
$589M
| $2.95M | ﹤0.01% |
93,800
-300
| -0.3% | -$9.45K |
|