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 | |
|---|---|---|---|---|---|---|
|
IPCC
1851
DELISTED
Infinity Property & Casualty C
IPCC
| $2.7M | ﹤0.01% |
35,600
-1,300
| -4% | -$98.6K |
|
|
CZZ
1852
DELISTED
Cosan Limited
CZZ
| $2.7M | ﹤0.01% |
438,200
+50,600
| +13% | +$312K |
|
1853
Compass Diversified
CODI
$527M
| $2.7M | ﹤0.01% |
164,500
+148,900
| +954% | +$2.44M |
|
1854
Southside Bancshares
SBSI
$916M
| $2.7M | ﹤0.01% |
99,269
-8,262
| -8% | -$224K |
|
|
ENLC
1855
DELISTED
ENLINK MIDSTREAM, LLC
ENLC
| $2.7M | ﹤0.01% |
86,700
| – | – |
|
1856
Coherent
COHR
$16B
| $2.68M | ﹤0.01% |
141,400
-3,100
| -2% | -$58.8K |
|
|
ISCA
1857
DELISTED
International Speedway Corp
ISCA
| $2.68M | ﹤0.01% |
73,200
+2,700
| +4% | +$99K |
|
|
ARR
1858
Armour Residential REIT
ARR
$1.72B
| $2.68M | ﹤0.01% |
23,835
+4,547
| +24% | +$511K |
|
1859
Radware
RDWR
$1.1B
| $2.68M | ﹤0.01% |
120,500
+21,300
| +21% | +$473K |
|
|
MEG
1860
DELISTED
Media General, Inc
MEG
| $2.67M | ﹤0.01% |
161,639
| – | – |
|
|
ACOR
1861
DELISTED
Acorda Therapeutics, Inc.
ACOR
| $2.66M | ﹤0.01% |
665
+29
| +5% | +$116K |
|
|
SFY
1862
DELISTED
SWIFT ENERGY CO (HOLDING COMPANY)
SFY
| $2.66M | ﹤0.01% |
1,308,800
+237,400
| +22% | +$482K |
|
|
KAMN
1863
DELISTED
Kaman Corp
KAMN
| $2.66M | ﹤0.01% |
63,300
| – | – |
|
1864
MGE Energy Inc
MGEE
$3.08B
| $2.64M | ﹤0.01% |
68,100
-1,900
| -3% | -$73.6K |
|
|
WIN
1865
DELISTED
Windstream Holdings Inc
WIN
| $2.64M | ﹤0.01% |
82,637
-206,453
| -71% | -$6.59M |
|
1866
Employers Holdings
EIG
$983M
| $2.63M | ﹤0.01% |
115,300
+1,900
| +2% | +$43.3K |
|
|
PDLI
1867
DELISTED
PDL BioPharma, Inc.
PDLI
| $2.63M | ﹤0.01% |
408,400
-51,550
| -11% | -$331K |
|
|
HOS
1868
DELISTED
Hornbeck Offshore Services, Inc.
HOS
| $2.62M | ﹤0.01% |
127,700
-4,900
| -4% | -$101K |
|
1869
Burlington
BURL
$16.8B
| $2.62M | ﹤0.01% |
51,200
-59,772
| -54% | -$3.06M |
|
|
JOBS
1870
DELISTED
51job, Inc.
JOBS
| $2.62M | ﹤0.01% |
78,800
-37,904
| -32% | -$1.26M |
|
1871
Quad
QUAD
$333M
| $2.62M | ﹤0.01% |
141,300
-56,040
| -28% | -$1.04M |
|
|
QIWI
1872
DELISTED
QIWI PLC
QIWI
| $2.61M | ﹤0.01% |
93,100
-62,291
| -40% | -$1.75M |
|
|
EPAY
1873
DELISTED
Bottomline Technologies Inc
EPAY
| $2.61M | ﹤0.01% |
93,800
+900
| +1% | +$25K |
|
1874
Clear Channel Outdoor Holdings
CCO
$651M
| $2.6M | ﹤0.01% |
256,320
+6,200
| +2% | +$62.8K |
|
1875
TFS Financial
TFSL
$3.75B
| $2.59M | ﹤0.01% |
154,200
-14,000
| -8% | -$236K |
|