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 |
AGN
Allergan plc
AGN
|
+$57.2M |
| 2 |
WFT
Weatherford International plc
WFT
|
+$42.9M |
| 3 |
Liberty Media Series C
FWONK
|
+$27.2M |
| 4 |
Meta Platforms (Facebook)
META
|
+$25.2M |
| 5 |
Alibaba
BABA
|
+$22.2M |
Top Sells
| 1 |
SPDR S&P Emerging Markets Small Cap ETF
EWX
|
+$98.2M |
| 2 |
FRX
FOREST LABORATORIES INC
FRX
|
+$73.6M |
| 3 |
Exxon Mobil
XOM
|
+$43M |
| 4 |
HSH
HILLSHIRE BRANDS CO
HSH
|
+$38.7M |
| 5 |
Apple
AAPL
|
+$33.3M |
Sector Composition
| 1 | Financials | 16.01% |
| 2 | Technology | 14.34% |
| 3 | Healthcare | 13.09% |
| 4 | Industrials | 10.62% |
| 5 | Energy | 9.58% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
1826
E.W. Scripps
SSP
$248M
| $2.86M | ﹤0.01% |
197,356
-5,747
| -3% | -$83.2K |
|
1827
Modine Manufacturing
MOD
$8B
| $2.85M | ﹤0.01% |
240,450
+24,450
| +11% | +$290K |
|
1828
Celldex Therapeutics
CLDX
$1.63B
| $2.85M | ﹤0.01% |
14,660
| – | – |
|
|
FNFV
1829
DELISTED
Fidelity Natl Financial, Inc.
FNFV
| $2.85M | ﹤0.01% |
+271,741
| New | +$2.85M |
|
1830
Nektar Therapeutics
NKTR
$932M
| $2.84M | ﹤0.01% |
15,700
-2,637
| -14% | -$477K |
|
|
DYAX
1831
DELISTED
DYAX CORPORATION
DYAX
| $2.84M | ﹤0.01% |
280,729
+61,130
| +28% | +$619K |
|
|
ARR
1832
Armour Residential REIT
ARR
$1.7B
| $2.83M | ﹤0.01% |
18,398
-80
| -0.4% | -$12.3K |
|
|
UNTD
1833
DELISTED
UNITED ONLINE INC COM NEW
UNTD
| $2.82M | ﹤0.01% |
257,838
+50,200
| +24% | +$550K |
|
1834
Synchronoss Technologies
SNCR
$69.5M
| $2.82M | ﹤0.01% |
6,844
| – | – |
|
|
RKUS
1835
DELISTED
RUCKUS WIRELESS INC COM STK (DE)
RKUS
| $2.82M | ﹤0.01% |
211,060
| – | – |
|
|
IRC
1836
DELISTED
INLAND REAL ESTATE CORP
IRC
| $2.82M | ﹤0.01% |
284,394
+7,000
| +3% | +$69.4K |
|
1837
G-III Apparel Group
GIII
$1.16B
| $2.81M | ﹤0.01% |
67,868
-10,932
| -14% | -$453K |
|
1838
Standard Motor Products
SMP
$894M
| $2.81M | ﹤0.01% |
81,493
+500
| +0.6% | +$17.2K |
|
|
LMNX
1839
DELISTED
Luminex Corp
LMNX
| $2.81M | ﹤0.01% |
143,900
+35,700
| +33% | +$696K |
|
|
ADAM
1840
Adamas Trust, Inc. Common Stock
ADAM
$667M
| $2.8M | ﹤0.01% |
96,725
+325
| +0.3% | +$9.4K |
|
|
SBR
1841
Sabine Royalty Trust
SBR
$1.12B
| $2.79M | ﹤0.01% |
51,507
| – | – |
|
|
ZNGA
1842
DELISTED
ZYNGA INC. CL A COMMON
ZNGA
| $2.79M | ﹤0.01% |
1,031,900
-124,100
| -11% | -$335K |
|
|
KERX
1843
DELISTED
Keryx Biopharmaceuticals Inc
KERX
| $2.79M | ﹤0.01% |
202,600
| – | – |
|
1844
Meritage Homes
MTH
$5.49B
| $2.78M | ﹤0.01% |
156,816
+7,560
| +5% | +$134K |
|
1845
Pegasystems
PEGA
$10.1B
| $2.78M | ﹤0.01% |
291,124
| – | – |
|
|
NPBC
1846
DELISTED
NATL PENN BANCSHARES INC
NPBC
| $2.78M | ﹤0.01% |
286,213
-6,511
| -2% | -$63.2K |
|
|
FRED
1847
DELISTED
Fred's Inc
FRED
| $2.77M | ﹤0.01% |
197,993
+5,500
| +3% | +$77K |
|
1848
Silicon Motion
SIMO
$3.06B
| $2.77M | ﹤0.01% |
102,700
+25,800
| +34% | +$695K |
|
1849
Axon Enterprise
AXON
$59.7B
| $2.76M | ﹤0.01% |
178,800
-46,138
| -21% | -$712K |
|
|
FNGN
1850
DELISTED
Financial Engines, Inc.
FNGN
| $2.76M | ﹤0.01% |
80,696
-32,398
| -29% | -$1.11M |
|