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 | |
|---|---|---|---|---|---|---|
|
EOCC
1976
DELISTED
Enel Generacion Chile S.A.
EOCC
| $2.29M | ﹤0.01% |
75,273
| – | – |
|
1977
PROS Holdings
PRO
$699M
| $2.29M | ﹤0.01% |
90,852
+11,452
| +14% | +$289K |
|
1978
First Commonwealth Financial
FCF
$1.84B
| $2.27M | ﹤0.01% |
270,876
-10,700
| -4% | -$89.8K |
|
1979
Stepan Co
SCL
$1.09B
| $2.27M | ﹤0.01% |
51,190
+200
| +0.4% | +$8.88K |
|
|
XCO
1980
DELISTED
Exco Resources
XCO
| $2.27M | ﹤0.01% |
45,281
-32,345
| -42% | -$1.62M |
|
|
RSO
1981
DELISTED
Resource Capital Corp.
RSO
| $2.27M | ﹤0.01% |
116,450
+7,250
| +7% | +$141K |
|
1982
First Financial Bancorp
FFBC
$2.46B
| $2.26M | ﹤0.01% |
143,046
+600
| +0.4% | +$9.5K |
|
|
DCOM
1983
DELISTED
Dime Community Bancshares
DCOM
| $2.26M | ﹤0.01% |
157,119
-46,260
| -23% | -$666K |
|
|
FPO
1984
DELISTED
First Potomac Realty Trust
FPO
| $2.26M | ﹤0.01% |
192,372
+6,200
| +3% | +$72.8K |
|
1985
Rogers Corp
ROG
$1.47B
| $2.26M | ﹤0.01% |
41,200
-12,200
| -23% | -$668K |
|
|
ZLTQ
1986
DELISTED
ZELTIQ Aesthetics, Inc.
ZLTQ
| $2.26M | ﹤0.01% |
99,710
+53,340
| +115% | +$1.21M |
|
1987
Sarepta Therapeutics
SRPT
$1.82B
| $2.25M | ﹤0.01% |
106,800
| – | – |
|
|
PBY
1988
DELISTED
PEP BOYS MANNY MOE& JACK
PBY
| $2.25M | ﹤0.01% |
252,500
+8,400
| +3% | +$74.9K |
|
1989
Ribbon Communications
RBBN
$676M
| $2.24M | ﹤0.01% |
131,134
+50,674
| +63% | +$866K |
|
|
CIO
1990
City Office REIT
CIO
$280M
| $2.24M | ﹤0.01% |
165,000
| – | – |
|
1991
Materion
MTRN
$2.31B
| $2.23M | ﹤0.01% |
72,791
+21,550
| +42% | +$661K |
|
|
ISCA
1992
DELISTED
International Speedway Corp
ISCA
| $2.23M | ﹤0.01% |
70,500
| – | – |
|
|
AAMC
1993
DELISTED
Altisource Asset Mgmt Corp
AAMC
| $2.23M | ﹤0.01% |
5,610
| – | – |
|
|
AXAS
1994
DELISTED
Abraxas Petroleum Corporation
AXAS
| $2.22M | ﹤0.01% |
21,050
+1,675
| +9% | +$177K |
|
1995
Globus Medical
GMED
$7.93B
| $2.21M | ﹤0.01% |
112,450
+18,992
| +20% | +$374K |
|
1996
Hanmi Financial
HAFC
$748M
| $2.21M | ﹤0.01% |
109,486
+31,186
| +40% | +$629K |
|
|
HNH
1997
DELISTED
Handy & Harman Holdings Ltd.
HNH
| $2.21M | ﹤0.01% |
84,000
| – | – |
|
|
EGOV
1998
DELISTED
NIC Inc
EGOV
| $2.21M | ﹤0.01% |
128,042
+800
| +0.6% | +$13.8K |
|
|
EVRI
1999
DELISTED
Everi Holdings
EVRI
| $2.2M | ﹤0.01% |
325,157
+5,300
| +2% | +$35.8K |
|
|
LIN
2000
DELISTED
LIN MEDIA LLC CLASS A COM
LIN
| $2.19M | ﹤0.01% |
98,500
| – | – |
|