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 | |
|---|---|---|---|---|---|---|
|
GRP.U
1976
Granite Real Estate Investment Trust
GRP.U
$3.43B
| $2.36M | ﹤0.01% |
63,900
| – | – |
|
1977
Nexstar Media Group
NXST
$6.27B
| $2.35M | ﹤0.01% |
63,000
-21,021
| -25% | -$785K |
|
|
GTY
1978
Getty Realty Corp
GTY
$1.6B
| $2.34M | ﹤0.01% |
125,784
+24,002
| +24% | +$447K |
|
|
DLLR
1979
DELISTED
DFC GLOBAL CORP COM STK (DE)
DLLR
| $2.34M | ﹤0.01% |
246,946
+32,500
| +15% | +$308K |
|
1980
Aegon
AEG
$12.2B
| $2.34M | ﹤0.01% |
383,158
-119,014
| -24% | -$726K |
|
|
EOCC
1981
DELISTED
Enel Generacion Chile S.A.
EOCC
| $2.33M | ﹤0.01% |
75,273
-20,230
| -21% | -$626K |
|
|
CBR
1982
DELISTED
CIBER Inc.
CBR
| $2.33M | ﹤0.01% |
533,299
+343
| +0.1% | +$1.5K |
|
1983
Blackbaud
BLKB
$3.38B
| $2.32M | ﹤0.01% |
73,100
+1,100
| +2% | +$34.9K |
|
|
CSR
1984
Centerspace
CSR
$979M
| $2.32M | ﹤0.01% |
26,183
+6,950
| +36% | +$615K |
|
1985
Globus Medical
GMED
$7.93B
| $2.31M | ﹤0.01% |
93,458
+91,858
| +5,741% | +$2.27M |
|
|
NP
1986
DELISTED
Neenah, Inc. Common Stock
NP
| $2.31M | ﹤0.01% |
44,400
+1,300
| +3% | +$67.7K |
|
1987
Ormat Technologies
ORA
$5.53B
| $2.31M | ﹤0.01% |
79,600
+400
| +0.5% | +$11.6K |
|
|
RTI
1988
DELISTED
RTI INTL METALS INC(HLDG CO)
RTI
| $2.31M | ﹤0.01% |
82,900
+43,484
| +110% | +$1.21M |
|
1989
SPS Commerce
SPSC
$4B
| $2.3M | ﹤0.01% |
80,838
+3,000
| +4% | +$85.4K |
|
1990
The Greenbrier Companies
GBX
$1.42B
| $2.3M | ﹤0.01% |
52,400
| – | – |
|
|
IPHS
1991
DELISTED
Innophos Holdings, Inc.
IPHS
| $2.3M | ﹤0.01% |
43,000
+8,600
| +25% | +$460K |
|
|
RT
1992
DELISTED
Ruby Tuesday Georgia
RT
| $2.3M | ﹤0.01% |
393,300
-4,300
| -1% | -$25.1K |
|
|
BNCN
1993
DELISTED
BNC Bancorp
BNCN
| $2.29M | ﹤0.01% |
132,720
+78,200
| +143% | +$1.35M |
|
1994
ATI
ATI
$10.5B
| $2.28M | ﹤0.01% |
59,974
-19,300
| -24% | -$734K |
|
1995
Daktronics
DAKT
$1.14B
| $2.28M | ﹤0.01% |
166,100
+1,500
| +0.9% | +$20.6K |
|
|
GTIV
1996
DELISTED
GENTIVA HEALTH SERVICES INC
GTIV
| $2.28M | ﹤0.01% |
267,645
-42,400
| -14% | -$361K |
|
1997
Helen of Troy
HELE
$554M
| $2.27M | ﹤0.01% |
33,800
-23,100
| -41% | -$1.55M |
|
1998
Alamo Group
ALG
$2.49B
| $2.26M | ﹤0.01% |
41,200
+5,879
| +17% | +$323K |
|
1999
Coherent
COHR
$16B
| $2.26M | ﹤0.01% |
151,900
+3,800
| +3% | +$56.5K |
|
2000
Mercer International
MERC
$206M
| $2.26M | ﹤0.01% |
300,200
-13,600
| -4% | -$102K |
|