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 | |
|---|---|---|---|---|---|---|
1901
Insulet
PODD
$24.1B
| $2.51M | ﹤0.01% |
81,000
-23,486
| -22% | -$728K |
|
1902
DXP Enterprises
DXPE
$1.85B
| $2.51M | ﹤0.01% |
53,900
-8,500
| -14% | -$395K |
|
|
VSI
1903
DELISTED
Vitamin Shoppe Inc.
VSI
| $2.5M | ﹤0.01% |
67,100
+1,200
| +2% | +$44.7K |
|
1904
EXL Service
EXLS
$7.04B
| $2.49M | ﹤0.01% |
360,000
+28,000
| +8% | +$194K |
|
|
MTGE
1905
DELISTED
MTGE Investment Corp. Common Stock
MTGE
| $2.48M | ﹤0.01% |
155,300
-23,900
| -13% | -$382K |
|
|
DMND
1906
DELISTED
DIAMOND FOODS, INC.
DMND
| $2.48M | ﹤0.01% |
78,922
+16,922
| +27% | +$531K |
|
|
YELL
1907
DELISTED
Yellow Corporation Common Stock
YELL
| $2.47M | ﹤0.01% |
190,599
+117,800
| +162% | +$1.53M |
|
1908
Northfield Bancorp
NFBK
$492M
| $2.47M | ﹤0.01% |
164,100
+22,700
| +16% | +$342K |
|
|
SASR
1909
DELISTED
Sandy Spring Bancorp Inc
SASR
| $2.47M | ﹤0.01% |
88,200
| – | – |
|
|
AEGN
1910
DELISTED
Aegion Corp
AEGN
| $2.47M | ﹤0.01% |
130,200
-13,000
| -9% | -$246K |
|
1911
Insmed
INSM
$30.8B
| $2.46M | ﹤0.01% |
100,800
| – | – |
|
|
ECHO
1912
DELISTED
Echo Global Logistics, Inc.
ECHO
| $2.46M | ﹤0.01% |
75,392
-21,780
| -22% | -$711K |
|
|
TGP
1913
DELISTED
Teekay LNG Partners L.P.
TGP
| $2.45M | ﹤0.01% |
76,100
-700
| -0.9% | -$22.5K |
|
|
AMRI
1914
DELISTED
Albany Molecular Research Inc
AMRI
| $2.45M | ﹤0.01% |
121,000
-9,400
| -7% | -$190K |
|
|
EQM
1915
DELISTED
EQM Midstream Partners, LP
EQM
| $2.45M | ﹤0.01% |
30,000
-2,300
| -7% | -$188K |
|
|
PKD
1916
DELISTED
Parker Drilling Company
PKD
| $2.45M | ﹤0.01% |
49,100
-43,273
| -47% | -$2.15M |
|
|
LAYN
1917
DELISTED
Layne Christensen Co
LAYN
| $2.44M | ﹤0.01% |
272,700
+75,000
| +38% | +$671K |
|
|
MTSC
1918
DELISTED
MTS Systems Corp
MTSC
| $2.44M | ﹤0.01% |
35,400
+3,900
| +12% | +$269K |
|
|
AREX
1919
DELISTED
Approach Resources Inc.
AREX
| $2.43M | ﹤0.01% |
354,700
| – | – |
|
1920
Light & Wonder
LNW
$7.48B
| $2.42M | ﹤0.01% |
155,662
-82,474
| -35% | -$1.28M |
|
|
AFOP
1921
DELISTED
ALLIANCE FIBER OPTIC PROD INC COM STK
AFOP
| $2.42M | ﹤0.01% |
130,360
| – | – |
|
1922
Onto Innovation
ONTO
$5.44B
| $2.42M | ﹤0.01% |
149,900
+58,300
| +64% | +$940K |
|
1923
United Fire Group
UFCS
$807M
| $2.41M | ﹤0.01% |
73,700
-4,400
| -6% | -$144K |
|
|
PFC
1924
DELISTED
Premier Financial Corp. Common Stock
PFC
| $2.41M | ﹤0.01% |
128,200
+10,600
| +9% | +$199K |
|
1925
TrueCar
TRUE
$215M
| $2.4M | ﹤0.01% |
200,000
-29,312
| -13% | -$351K |
|