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 |
YHOO
Yahoo Inc
YHOO
|
+$84.3M |
| 2 |
Zoetis
ZTS
|
+$65.3M |
| 3 |
Yum! Brands
YUM
|
+$53.2M |
| 4 |
ATH
Athene Holding Ltd. Class A Common Shares
ATH
|
+$45.7M |
| 5 |
Zimmer Biomet
ZBH
|
+$40.6M |
Top Sells
| 1 |
Apollo Global Management
APO
|
+$122M |
| 2 |
Apple
AAPL
|
+$61.9M |
| 3 |
SE
Spectra Energy Corp Wi
SE
|
+$57.7M |
| 4 |
STJ
St Jude Medical
STJ
|
+$53.3M |
| 5 |
Microsoft
MSFT
|
+$51.7M |
Sector Composition
| 1 | Financials | 17.68% |
| 2 | Technology | 15.06% |
| 3 | Healthcare | 12.81% |
| 4 | Industrials | 10.76% |
| 5 | Consumer Discretionary | 9.53% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
DX
1876
Dynex Capital
DX
$1.63B
| $2.01M | ﹤0.01% |
94,667
+5,234
| +6% | +$111K |
|
|
PSTB
1877
DELISTED
Park Sterling Corp.
PSTB
| $2.01M | ﹤0.01% |
163,170
+35,800
| +28% | +$441K |
|
|
CIO
1878
City Office REIT
CIO
$280M
| $2.01M | ﹤0.01% |
165,000
| – | – |
|
|
PDLI
1879
DELISTED
PDL BioPharma, Inc.
PDLI
| $2.01M | ﹤0.01% |
883,300
+219,800
| +33% | +$499K |
|
|
AJRD
1880
DELISTED
Aerojet Rocketdyne Holdings, Inc.
AJRD
| $2M | ﹤0.01% |
92,300
-4,000
| -4% | -$86.8K |
|
|
MIK
1881
DELISTED
Michaels Stores, Inc
MIK
| $1.99M | ﹤0.01% |
89,000
+8,500
| +11% | +$190K |
|
1882
Agios Pharmaceuticals
AGIO
$2.14B
| $1.99M | ﹤0.01% |
34,100
-1,500
| -4% | -$87.6K |
|
|
INVN
1883
DELISTED
Invensense Inc
INVN
| $1.98M | ﹤0.01% |
157,100
-671,400
| -81% | -$8.48M |
|
|
LAYN
1884
DELISTED
Layne Christensen Co
LAYN
| $1.98M | ﹤0.01% |
224,300
-4,100
| -2% | -$36.2K |
|
1885
Heritage Financial
HFWA
$833M
| $1.97M | ﹤0.01% |
79,700
+6,100
| +8% | +$151K |
|
1886
Citi Trends
CTRN
$281M
| $1.97M | ﹤0.01% |
116,000
-4,200
| -3% | -$71.4K |
|
|
MODV
1887
DELISTED
ModivCare
MODV
| $1.97M | ﹤0.01% |
44,300
-1,900
| -4% | -$84.4K |
|
|
RFP
1888
DELISTED
Resolute Forest Products Inc.
RFP
| $1.96M | ﹤0.01% |
359,800
-4,900
| -1% | -$26.7K |
|
1889
Alpha and Omega Semiconductor
AOSL
$853M
| $1.96M | ﹤0.01% |
113,900
| – | – |
|
1890
CRA International
CRAI
$1.3B
| $1.95M | ﹤0.01% |
55,300
-4,400
| -7% | -$155K |
|
1891
UFP Industries
UFPI
$5.78B
| $1.94M | ﹤0.01% |
59,100
-16,800
| -22% | -$552K |
|
|
REV
1892
DELISTED
Revlon, Inc.
REV
| $1.94M | ﹤0.01% |
69,700
-800
| -1% | -$22.3K |
|
1893
Coeur Mining
CDE
$9.98B
| $1.94M | ﹤0.01% |
239,800
-175,300
| -42% | -$1.42M |
|
|
LTXB
1894
DELISTED
LegacyTexas Financial Group Inc
LTXB
| $1.93M | ﹤0.01% |
48,400
+12,800
| +36% | +$511K |
|
|
KMG
1895
DELISTED
KMG Chemicals Inc
KMG
| $1.93M | ﹤0.01% |
41,900
-1,300
| -3% | -$59.9K |
|
1896
National Bank Holdings
NBHC
$1.46B
| $1.93M | ﹤0.01% |
59,300
-2,100
| -3% | -$68.2K |
|
1897
Donnelley Financial Solutions
DFIN
$1.5B
| $1.92M | ﹤0.01% |
99,762
+6,300
| +7% | +$122K |
|
|
EEQ
1898
DELISTED
Enbridge Energy Management Llc
EEQ
| $1.92M | ﹤0.01% |
122,567
-4,933
| -4% | -$77.4K |
|
|
HMHC
1899
DELISTED
Houghton Mifflin Harcourt Company
HMHC
| $1.92M | ﹤0.01% |
189,100
+33,700
| +22% | +$342K |
|
1900
Griffon
GFF
$3.61B
| $1.92M | ﹤0.01% |
77,727
-3,000
| -4% | -$74K |
|