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 |
AGN
Allergan plc
AGN
|
+$57.2M |
| 2 |
WFT
Weatherford International plc
WFT
|
+$42.9M |
| 3 |
Liberty Media Series C
FWONK
|
+$27.2M |
| 4 |
Meta Platforms (Facebook)
META
|
+$25.2M |
| 5 |
Alibaba
BABA
|
+$22.2M |
Top Sells
| 1 |
SPDR S&P Emerging Markets Small Cap ETF
EWX
|
+$98.2M |
| 2 |
FRX
FOREST LABORATORIES INC
FRX
|
+$73.6M |
| 3 |
Exxon Mobil
XOM
|
+$43M |
| 4 |
HSH
HILLSHIRE BRANDS CO
HSH
|
+$38.7M |
| 5 |
Apple
AAPL
|
+$33.3M |
Sector Composition
| 1 | Financials | 16.01% |
| 2 | Technology | 14.34% |
| 3 | Healthcare | 13.09% |
| 4 | Industrials | 10.62% |
| 5 | Energy | 9.58% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
1951
Badger Meter
BMI
$5.24B
| $2.4M | ﹤0.01% |
95,000
+12,400
| +15% | +$313K |
|
1952
Kelly Services Class A
KELYA
$481M
| $2.4M | ﹤0.01% |
152,900
-95,970
| -39% | -$1.5M |
|
|
CHU
1953
DELISTED
China Unicom (HONG KONG) Limited
CHU
| $2.39M | ﹤0.01% |
158,996
-33,826
| -18% | -$508K |
|
1954
Innospec
IOSP
$2.05B
| $2.39M | ﹤0.01% |
66,502
+5,300
| +9% | +$190K |
|
|
IPHS
1955
DELISTED
Innophos Holdings, Inc.
IPHS
| $2.39M | ﹤0.01% |
43,300
+300
| +0.7% | +$16.5K |
|
|
BDSI
1956
DELISTED
BioDelivery Sciences International, Inc.
BDSI
| $2.39M | ﹤0.01% |
139,565
+34,365
| +33% | +$587K |
|
1957
ICU Medical
ICUI
$3.22B
| $2.38M | ﹤0.01% |
37,149
+200
| +0.5% | +$12.8K |
|
|
GDP
1958
DELISTED
GOODRICH PETROLEUM CORP(NEW)
GDP
| $2.38M | ﹤0.01% |
160,431
-29,894
| -16% | -$443K |
|
|
LABL
1959
DELISTED
Multi-Color Corp
LABL
| $2.38M | ﹤0.01% |
52,227
+11,400
| +28% | +$518K |
|
|
CLNY
1960
DELISTED
Colony Capital, Inc.
CLNY
| $2.37M | ﹤0.01% |
105,900
+1,700
| +2% | +$38K |
|
|
IPCC
1961
DELISTED
Infinity Property & Casualty C
IPCC
| $2.37M | ﹤0.01% |
37,000
-300
| -0.8% | -$19.2K |
|
|
NWHM
1962
DELISTED
THE NEW HOME COMPANY INC.
NWHM
| $2.36M | ﹤0.01% |
174,800
| – | – |
|
1963
Federal Signal
FSS
$7.64B
| $2.34M | ﹤0.01% |
177,000
+2,000
| +1% | +$26.5K |
|
|
UBNK
1964
DELISTED
United Financial Bancorp, Inc.
UBNK
| $2.34M | ﹤0.01% |
184,527
+2,000
| +1% | +$25.4K |
|
|
INVN
1965
DELISTED
Invensense Inc
INVN
| $2.34M | ﹤0.01% |
118,324
-18,634
| -14% | -$368K |
|
1966
Biglari Holdings Class B
BH
$943M
| $2.33M | ﹤0.01% |
10,307
+861
| +9% | +$195K |
|
|
SJT
1967
San Juan Basin Royalty Trust
SJT
$269M
| $2.33M | ﹤0.01% |
122,800
| – | – |
|
|
ARO
1968
DELISTED
AEROPOSTALE INC
ARO
| $2.33M | ﹤0.01% |
709,010
+154,300
| +28% | +$508K |
|
|
NETI
1969
DELISTED
Eneti Inc.
NETI
| $2.33M | ﹤0.01% |
+3,587
| New | +$2.33M |
|
|
ARI
1970
Apollo Commercial Real Estate
ARI
$1.51B
| $2.33M | ﹤0.01% |
148,100
+114,700
| +343% | +$1.8M |
|
|
BBOX
1971
DELISTED
Black Box Corp
BBOX
| $2.32M | ﹤0.01% |
99,627
+5,700
| +6% | +$133K |
|
1972
Red Robin
RRGB
$121M
| $2.32M | ﹤0.01% |
40,800
| – | – |
|
1973
Interface
TILE
$1.66B
| $2.32M | ﹤0.01% |
143,800
| – | – |
|
1974
ePlus
PLUS
$1.97B
| $2.32M | ﹤0.01% |
165,200
+16,800
| +11% | +$235K |
|
1975
Gerdau
GGB
$6.03B
| $2.31M | ﹤0.01% |
606,308
-603,157
| -50% | -$2.3M |
|