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 |
TFCFA
Twenty-First Century Fox, Inc. Class A
TFCFA
|
+$141M |
| 2 |
TFCF
Twenty-First Century Fox, Inc. Class B
TFCF
|
+$41.7M |
| 3 |
Exxon Mobil
XOM
|
+$40.9M |
| 4 |
Intel
INTC
|
+$17.3M |
| 5 |
News Corp Class A
NWSA
|
+$16.8M |
Top Sells
| 1 |
FON
SPRINT CORP FON COM
FON
|
+$64.4M |
| 2 |
SPDR S&P Emerging Markets Small Cap ETF
EWX
|
+$49.4M |
| 3 |
BMC
BMC SOFTWARE, INC
BMC
|
+$21.9M |
| 4 |
Leidos
LDOS
|
+$17.8M |
| 5 |
Halliburton
HAL
|
+$15.6M |
Sector Composition
| 1 | Financials | 15.33% |
| 2 | Technology | 13.34% |
| 3 | Healthcare | 11.9% |
| 4 | Industrials | 11.12% |
| 5 | Energy | 10.08% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
2001
Casella Waste Systems
CWST
$5.55B
| $1.82M | ﹤0.01% |
315,600
+134,160
| +74% | +$772K |
|
|
VG
2002
DELISTED
Vonage Holdings Corporation
VG
| $1.82M | ﹤0.01% |
578,000
+45,700
| +9% | +$144K |
|
|
ELRC
2003
DELISTED
ELECTRO RENT CORP
ELRC
| $1.81M | ﹤0.01% |
100,025
+6,500
| +7% | +$118K |
|
|
PMC
2004
DELISTED
PharMerica Corporation
PMC
| $1.81M | ﹤0.01% |
136,063
+10,800
| +9% | +$143K |
|
|
DWCH
2005
DELISTED
Datawatch Corp
DWCH
| $1.8M | ﹤0.01% |
64,643
| – | – |
|
|
SNTS
2006
DELISTED
SANTARUS INC
SNTS
| $1.8M | ﹤0.01% |
79,900
+14,700
| +23% | +$332K |
|
2007
WesBanco
WSBC
$2.99B
| $1.8M | ﹤0.01% |
60,607
+10,073
| +20% | +$299K |
|
2008
Koppers
KOP
$571M
| $1.8M | ﹤0.01% |
42,193
+7,800
| +23% | +$333K |
|
|
AAMC
2009
DELISTED
Altisource Asset Mgmt Corp
AAMC
| $1.8M | ﹤0.01% |
+5,727
| New | +$1.8M |
|
|
AZUR
2010
DELISTED
AZURE MIDSTREAM PARTNERS LP COM UNT LTD PARTNER INT
AZUR
| $1.8M | ﹤0.01% |
+100,000
| New | +$1.8M |
|
2011
MGE Energy Inc
MGEE
$3.05B
| $1.79M | ﹤0.01% |
49,301
+13,050
| +36% | +$475K |
|
2012
SPS Commerce
SPSC
$4.06B
| $1.79M | ﹤0.01% |
53,600
+8,600
| +19% | +$288K |
|
2013
Ormat Technologies
ORA
$5.6B
| $1.79M | ﹤0.01% |
66,904
+28,800
| +76% | +$771K |
|
|
ACTV
2014
DELISTED
ACTIVE NETWORK INC
ACTV
| $1.79M | ﹤0.01% |
125,000
+66,600
| +114% | +$953K |
|
|
IPHS
2015
DELISTED
Innophos Holdings, Inc.
IPHS
| $1.79M | ﹤0.01% |
33,872
+8,300
| +32% | +$438K |
|
|
CCC
2016
DELISTED
Calgon Carbon Corp
CCC
| $1.79M | ﹤0.01% |
94,041
-12,200
| -11% | -$232K |
|
2017
Badger Meter
BMI
$5.09B
| $1.78M | ﹤0.01% |
76,602
+10,400
| +16% | +$242K |
|
2018
Assertio
ASRT
$91.1M
| $1.78M | ﹤0.01% |
59,490
+22,100
| +59% | +$661K |
|
|
FARO
2019
DELISTED
Faro Technologies
FARO
| $1.78M | ﹤0.01% |
42,101
+4,300
| +11% | +$181K |
|
|
AMRI
2020
DELISTED
Albany Molecular Research Inc
AMRI
| $1.78M | ﹤0.01% |
137,700
+8,325
| +6% | +$107K |
|
|
REN
2021
DELISTED
Resolute Energy Corporaton
REN
| $1.78M | ﹤0.01% |
42,460
+5,960
| +16% | +$249K |
|
2022
First Bancorp
FBNC
$2.2B
| $1.77M | ﹤0.01% |
122,337
+43,800
| +56% | +$633K |
|
2023
Scorpio Tankers
STNG
$3.07B
| $1.77M | ﹤0.01% |
18,100
+8,990
| +99% | +$878K |
|
2024
EXL Service
EXLS
$6.88B
| $1.77M | ﹤0.01% |
310,075
+29,110
| +10% | +$166K |
|
2025
W&T Offshore
WTI
$268M
| $1.76M | ﹤0.01% |
99,431
+21,800
| +28% | +$386K |
|