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 | |
|---|---|---|---|---|---|---|
|
AKS
1851
DELISTED
AK Steel Holding Corp.
AKS
| $2.85M | ﹤0.01% |
670,601
+115,800
| +21% | +$492K |
|
|
PACD
1852
DELISTED
Pacific Drilling S A
PACD
| $2.85M | ﹤0.01% |
81,390
+72,680
| +834% | +$2.54M |
|
|
INXN
1853
DELISTED
Interxion Holding N.V.
INXN
| $2.85M | ﹤0.01% |
100,900
+10,900
| +12% | +$308K |
|
|
VSI
1854
DELISTED
Vitamin Shoppe Inc.
VSI
| $2.84M | ﹤0.01% |
65,900
-24,440
| -27% | -$1.05M |
|
1855
Ribbon Communications
RBBN
$676M
| $2.84M | ﹤0.01% |
150,540
+19,406
| +15% | +$366K |
|
1856
Lindsay Corp
LNN
$1.52B
| $2.84M | ﹤0.01% |
32,900
| – | – |
|
|
PMC
1857
DELISTED
PharMerica Corporation
PMC
| $2.83M | ﹤0.01% |
119,563
+11,255
| +10% | +$266K |
|
1858
Bankunited
BKU
$2.96B
| $2.82M | ﹤0.01% |
100,721
+11,800
| +13% | +$331K |
|
1859
Park-Ohio Holdings
PKOH
$309M
| $2.82M | ﹤0.01% |
50,792
-1,307
| -3% | -$72.5K |
|
|
EQM
1860
DELISTED
EQM Midstream Partners, LP
EQM
| $2.81M | ﹤0.01% |
32,300
-13,000
| -29% | -$1.13M |
|
1861
B&G Foods
BGS
$360M
| $2.81M | ﹤0.01% |
90,600
| – | – |
|
|
ARI
1862
Apollo Commercial Real Estate
ARI
$1.51B
| $2.8M | ﹤0.01% |
166,600
+18,500
| +12% | +$311K |
|
1863
International Bancshares
IBOC
$4.39B
| $2.8M | ﹤0.01% |
119,180
-15,039
| -11% | -$353K |
|
1864
Nordic American Tanker
NAT
$669M
| $2.78M | ﹤0.01% |
260,366
+129,528
| +99% | +$1.38M |
|
1865
Ally Financial
ALLY
$13B
| $2.78M | ﹤0.01% |
+134,500
| New | +$2.78M |
|
1866
Texas Pacific Land
TPL
$21.5B
| $2.78M | ﹤0.01% |
73,500
+6,000
| +9% | +$227K |
|
1867
Matthews International
MATW
$763M
| $2.77M | ﹤0.01% |
58,579
-13,511
| -19% | -$639K |
|
1868
Bloomin' Brands
BLMN
$577M
| $2.77M | ﹤0.01% |
109,500
+19,600
| +22% | +$496K |
|
|
PNK
1869
DELISTED
Pinnacle Entertainment Inc.
PNK
| $2.77M | ﹤0.01% |
130,356
+32,000
| +33% | +$680K |
|
|
AIG.WS
1870
DELISTED
American International Group, Inc.
AIG.WS
| $2.76M | ﹤0.01% |
127,300
| – | – |
|
|
UAM
1871
DELISTED
Universal American Corp
UAM
| $2.76M | ﹤0.01% |
300,000
-10,600
| -3% | -$97.4K |
|
|
ENOC
1872
DELISTED
EnerNOC, Inc.
ENOC
| $2.75M | ﹤0.01% |
162,200
| – | – |
|
1873
Barrett Business Services
BBSI
$1.2B
| $2.75M | ﹤0.01% |
363,600
+176,000
| +94% | +$1.33M |
|
|
LGCY
1874
DELISTED
Legacy Reserves Inc. Common Stock
LGCY
| $2.75M | ﹤0.01% |
251,100
+118,800
| +90% | +$1.3M |
|
|
ZNGA
1875
DELISTED
ZYNGA INC. CL A COMMON
ZNGA
| $2.75M | ﹤0.01% |
1,031,900
| – | – |
|