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 | |
|---|---|---|---|---|---|---|
1951
Clearway Energy Class A
CWEN.A
$3.21B
| $2.32M | ﹤0.01% |
+105,400
| New | +$2.32M |
|
|
SFR
1952
DELISTED
Starwood Waypoint Homes
SFR
| $2.32M | ﹤0.01% |
97,460
-2,800
| -3% | -$66.5K |
|
|
DRYS
1953
DELISTED
DryShips Inc. Common Stock
DRYS
| – | – |
0
| – | -$3.2M |
|
|
VWR
1954
DELISTED
VWR Corporation
VWR
| $2.32M | ﹤0.01% |
+86,600
| New | +$2.32M |
|
1955
Select Medical
SEM
$1.55B
| $2.31M | ﹤0.01% |
264,666
-49,926
| -16% | -$436K |
|
|
STL
1956
DELISTED
Sterling Bancorp
STL
| $2.31M | ﹤0.01% |
157,028
+100
| +0.1% | +$1.47K |
|
1957
Ezcorp Inc
EZPW
$1.04B
| $2.3M | ﹤0.01% |
310,100
-81,083
| -21% | -$602K |
|
|
TRNX
1958
DELISTED
TORNIER N V SHARES (NLD)
TRNX
| $2.3M | ﹤0.01% |
92,000
+2,900
| +3% | +$72.5K |
|
1959
Medifast
MED
$154M
| $2.3M | ﹤0.01% |
71,000
-3,900
| -5% | -$126K |
|
1960
NETGEAR
NTGR
$831M
| $2.29M | ﹤0.01% |
76,300
-3,600
| -5% | -$108K |
|
1961
Civeo
CVEO
$287M
| $2.29M | ﹤0.01% |
62,158
+28,216
| +83% | +$1.04M |
|
1962
ReWalk Robotics
LFWD
$9.19M
| $2.28M | ﹤0.01% |
1,171
| – | – |
|
|
IQNT
1963
DELISTED
Inteliquent, Inc.
IQNT
| $2.28M | ﹤0.01% |
124,028
-17,900
| -13% | -$329K |
|
|
PACD
1964
DELISTED
Pacific Drilling S A
PACD
| $2.28M | ﹤0.01% |
81,390
| – | – |
|
1965
Tronox
TROX
$767M
| $2.28M | ﹤0.01% |
155,700
+35,900
| +30% | +$525K |
|
1966
Paycom
PAYC
$12.5B
| $2.26M | ﹤0.01% |
66,200
+16,200
| +32% | +$553K |
|
1967
WisdomTree
WT
$2.11B
| $2.26M | ﹤0.01% |
102,800
+13,800
| +16% | +$303K |
|
|
PSEM
1968
DELISTED
PERICOM SEMICONDUCTOR CP
PSEM
| $2.26M | ﹤0.01% |
171,600
-100
| -0.1% | -$1.32K |
|
|
WAIR
1969
DELISTED
WESCO Aircraft Holdings Inc.
WAIR
| $2.26M | ﹤0.01% |
148,900
+3,300
| +2% | +$50K |
|
1970
Super Micro Computer
SMCI
$26.7B
| $2.25M | ﹤0.01% |
759,000
-247,960
| -25% | -$733K |
|
|
FIG
1971
DELISTED
Fortress Investment Group Llc
FIG
| $2.24M | ﹤0.01% |
306,500
+1,200
| +0.4% | +$8.76K |
|
1972
REX American Resources
REX
$1.01B
| $2.23M | ﹤0.01% |
105,300
-16,800
| -14% | -$356K |
|
|
TPC
1973
Tutor Perini Corporation
TPC
$3.37B
| $2.23M | ﹤0.01% |
103,400
-10,535
| -9% | -$227K |
|
|
CCC
1974
DELISTED
Calgon Carbon Corp
CCC
| $2.23M | ﹤0.01% |
114,800
+100
| +0.1% | +$1.94K |
|
1975
Comtech Telecommunications
CMTL
$69.1M
| $2.22M | ﹤0.01% |
76,495
-9,500
| -11% | -$276K |
|