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 | |
|---|---|---|---|---|---|---|
1976
Tennant Co
TNC
$1.5B
| $2.22M | ﹤0.01% |
34,000
-800
| -2% | -$52.3K |
|
1977
CVB Financial
CVBF
$2.77B
| $2.22M | ﹤0.01% |
126,100
+2,600
| +2% | +$45.8K |
|
1978
Immersion
IMMR
$221M
| $2.22M | ﹤0.01% |
175,200
+81,300
| +87% | +$1.03M |
|
1979
The Ensign Group
ENSG
$9.69B
| $2.21M | ﹤0.01% |
92,575
+67,347
| +267% | +$1.61M |
|
|
SIRE
1980
DELISTED
Sisecam Resources LP
SIRE
| $2.21M | ﹤0.01% |
90,000
| – | – |
|
1981
SPS Commerce
SPSC
$4B
| $2.2M | ﹤0.01% |
67,000
+28,400
| +74% | +$934K |
|
|
AEGR
1982
DELISTED
Aegerion Pharmaceuticals, Inc.
AEGR
| $2.2M | ﹤0.01% |
116,100
+41,000
| +55% | +$778K |
|
1983
Community Bank
CBU
$3.11B
| $2.19M | ﹤0.01% |
58,100
-4,200
| -7% | -$159K |
|
1984
Globus Medical
GMED
$7.93B
| $2.19M | ﹤0.01% |
85,400
-31,147
| -27% | -$799K |
|
1985
MarineMax
HZO
$556M
| $2.19M | ﹤0.01% |
93,200
+1,600
| +2% | +$37.6K |
|
|
CNSL
1986
DELISTED
Consolidated Communications Holdings, Inc.
CNSL
| $2.19M | ﹤0.01% |
104,192
-29,900
| -22% | -$628K |
|
|
ALJ
1987
DELISTED
Alon U S A Energy Inc
ALJ
| $2.18M | ﹤0.01% |
115,500
+38,600
| +50% | +$730K |
|
|
GTS
1988
DELISTED
Triple-S Management Corporation
GTS
| $2.18M | ﹤0.01% |
89,239
-184,679
| -67% | -$4.51M |
|
|
PTLA
1989
DELISTED
Portola Pharmaceuticals, Inc.
PTLA
| $2.18M | ﹤0.01% |
47,800
-9,497
| -17% | -$433K |
|
1990
Lattice Semiconductor
LSCC
$8.82B
| $2.17M | ﹤0.01% |
368,600
+26,300
| +8% | +$155K |
|
|
UBNK
1991
DELISTED
United Financial Bancorp, Inc.
UBNK
| $2.17M | ﹤0.01% |
161,367
-23,160
| -13% | -$311K |
|
|
NTP
1992
DELISTED
Nam Tai Property Inc.
NTP
| $2.17M | ﹤0.01% |
450,116
-107,884
| -19% | -$520K |
|
|
CVRR
1993
DELISTED
CVR Refining, LP
CVRR
| $2.17M | ﹤0.01% |
+118,500
| New | +$2.17M |
|
|
AVX
1994
DELISTED
AVX Corporation
AVX
| $2.16M | ﹤0.01% |
160,700
+3,300
| +2% | +$44.4K |
|
|
PF
1995
DELISTED
Pinnacle Foods, Inc.
PF
| $2.16M | ﹤0.01% |
+47,400
| New | +$2.16M |
|
1996
BioCryst Pharmaceuticals
BCRX
$1.66B
| $2.16M | ﹤0.01% |
144,500
-16,000
| -10% | -$239K |
|
1997
MPLX
MPLX
$52.1B
| $2.16M | ﹤0.01% |
30,200
+14,700
| +95% | +$1.05M |
|
1998
Arrowhead Research
ARWR
$4.11B
| $2.15M | ﹤0.01% |
300,647
| – | – |
|
1999
Phibro Animal Health
PAHC
$1.61B
| $2.15M | ﹤0.01% |
55,200
+11,600
| +27% | +$452K |
|
|
NKA
2000
DELISTED
NISKA GAS STORAGE PARTNERS LLC UNIT LTD LIABILITY CO INTS
NKA
| $2.15M | ﹤0.01% |
583,900
| – | – |
|