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 |
Apollo Global Management
APO
|
+$635M |
| 2 |
Verizon
VZ
|
+$198M |
| 3 |
EOG Resources
EOG
|
+$105M |
| 4 |
Perrigo
PRGO
|
+$46M |
| 5 |
Meta Platforms (Facebook)
META
|
+$40.8M |
Top Sells
| 1 |
SPDR S&P Emerging Markets Small Cap ETF
EWX
|
+$55.6M |
| 2 |
LIFE
LIFE TECHNOLOGIES CORP COM STK (DE)
LIFE
|
+$35.3M |
| 3 |
Vodafone
VOD
|
+$31.5M |
| 4 |
Voya Financial
VOYA
|
+$30.5M |
| 5 |
Walmart
WMT
|
+$27.5M |
Sector Composition
| 1 | Financials | 16.29% |
| 2 | Technology | 13.77% |
| 3 | Healthcare | 12.54% |
| 4 | Industrials | 11.09% |
| 5 | Energy | 9.76% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
1951
First Commonwealth Financial
FCF
$1.84B
| $2.44M | ﹤0.01% |
274,676
-33,900
| -11% | -$301K |
|
1952
Churchill Downs
CHDN
$6.75B
| $2.44M | ﹤0.01% |
168,426
+8,400
| +5% | +$121K |
|
|
EBIX
1953
DELISTED
Ebix Inc
EBIX
| $2.44M | ﹤0.01% |
145,969
| – | – |
|
|
RTEC
1954
DELISTED
Rudolph Technologies Inc
RTEC
| $2.43M | ﹤0.01% |
224,300
| – | – |
|
1955
NETGEAR
NTGR
$831M
| $2.43M | ﹤0.01% |
72,700
+2,700
| +4% | +$90.3K |
|
|
DVR
1956
DELISTED
CAL DIVE INTERNATIONAL INC COM
DVR
| $2.43M | ﹤0.01% |
1,418,150
-5,100
| -0.4% | -$8.72K |
|
|
RSO
1957
DELISTED
Resource Capital Corp.
RSO
| $2.42M | ﹤0.01% |
109,200
+29,550
| +37% | +$656K |
|
|
WIBC
1958
DELISTED
WILSHIRE BANCORP INC
WIBC
| $2.42M | ﹤0.01% |
222,784
| – | – |
|
|
CCC
1959
DELISTED
Calgon Carbon Corp
CCC
| $2.42M | ﹤0.01% |
113,000
+2,300
| +2% | +$49.2K |
|
|
ENV
1960
DELISTED
ENVESTNET, INC.
ENV
| $2.42M | ﹤0.01% |
64,920
+19,870
| +44% | +$740K |
|
|
HITK
1961
DELISTED
HI-TECH PHARMACAL INC
HITK
| $2.41M | ﹤0.01% |
55,700
-3,200
| -5% | -$139K |
|
1962
TFS Financial
TFSL
$3.75B
| $2.41M | ﹤0.01% |
186,100
+5,900
| +3% | +$76.4K |
|
|
IQNT
1963
DELISTED
Inteliquent, Inc.
IQNT
| $2.41M | ﹤0.01% |
173,828
-99,600
| -36% | -$1.38M |
|
|
FPO
1964
DELISTED
First Potomac Realty Trust
FPO
| $2.41M | ﹤0.01% |
186,862
+57,130
| +44% | +$736K |
|
|
ESC
1965
DELISTED
EMERITUS CORP
ESC
| $2.4M | ﹤0.01% |
78,700
-40,905
| -34% | -$1.25M |
|
|
JASO
1966
DELISTED
JA Solar Holdings, Co., Ltd
JASO
| $2.4M | ﹤0.01% |
236,759
-114,800
| -33% | -$1.16M |
|
1967
Sangamo Therapeutics
SGMO
$152M
| $2.39M | ﹤0.01% |
153,793
+14,293
| +10% | +$222K |
|
|
ISCA
1968
DELISTED
International Speedway Corp
ISCA
| $2.38M | ﹤0.01% |
73,500
+2,600
| +4% | +$84.3K |
|
|
CJES
1969
DELISTED
C&J ENERGY SVCS LTD
CJES
| $2.38M | ﹤0.01% |
83,303
+28,203
| +51% | +$805K |
|
|
OREX
1970
DELISTED
Orexigen Therapeutics, Inc.
OREX
| $2.38M | ﹤0.01% |
41,565
+4,905
| +13% | +$281K |
|
1971
Simmons First National
SFNC
$2.96B
| $2.37M | ﹤0.01% |
126,280
-11,200
| -8% | -$210K |
|
|
ECHO
1972
DELISTED
Echo Global Logistics, Inc.
ECHO
| $2.37M | ﹤0.01% |
137,187
+14,060
| +11% | +$243K |
|
|
UAM
1973
DELISTED
Universal American Corp
UAM
| $2.37M | ﹤0.01% |
326,400
-28,300
| -8% | -$205K |
|
|
MHR
1974
DELISTED
MAGNUM HUNTER RESOURCES CORP (DEL)
MHR
| $2.36M | ﹤0.01% |
268,500
| – | – |
|
1975
Ultra Clean Holdings
UCTT
$1.14B
| $2.36M | ﹤0.01% |
189,600
+60,300
| +47% | +$750K |
|