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 |
Apple
AAPL
|
+$204M |
| 2 |
Exxon Mobil
XOM
|
+$181M |
| 3 |
Alphabet (Google) Class C
GOOG
|
+$158M |
| 4 |
Microsoft
MSFT
|
+$144M |
| 5 |
Wells Fargo
WFC
|
+$129M |
Top Sells
| 1 |
DELL
DELL INC
DELL
|
+$68M |
| 2 |
Melco Resorts & Entertainment
MLCO
|
+$50M |
| 3 |
NYX
NYSE EURONEXT INC
NYX
|
+$31.4M |
| 4 |
SPDR S&P Emerging Markets Small Cap ETF
EWX
|
+$31.4M |
| 5 |
Perrigo
PRGO
|
+$28.7M |
Sector Composition
| 1 | Financials | 15.94% |
| 2 | Technology | 13.6% |
| 3 | Healthcare | 12.04% |
| 4 | Industrials | 11.41% |
| 5 | Energy | 9.79% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
NXGN
2001
DELISTED
NextGen Healthcare, Inc. Common Stock
NXGN
| $2.24M | ﹤0.01% |
105,740
-22,492
| -18% | -$477K |
|
2002
Hecla Mining
HL
$7.51B
| $2.24M | ﹤0.01% |
778,600
-15,378
| -2% | -$44.3K |
|
2003
Badger Meter
BMI
$5.24B
| $2.24M | ﹤0.01% |
81,200
+4,598
| +6% | +$127K |
|
|
BALT
2004
DELISTED
BALTIC TRADING LIMITED COMMON STOCK
BALT
| $2.23M | ﹤0.01% |
339,300
+5,000
| +1% | +$32.9K |
|
|
STSA
2005
DELISTED
STERLING FINL CORP (WA) COM NEW
STSA
| $2.23M | ﹤0.01% |
64,800
-600
| -0.9% | -$20.6K |
|
|
RPT
2006
DELISTED
RPT Realty Common Shares of Beneficial Interest (MD)
RPT
| $2.23M | ﹤0.01% |
141,154
+50,842
| +56% | +$802K |
|
|
DWCH
2007
DELISTED
Datawatch Corp
DWCH
| $2.22M | ﹤0.01% |
64,643
| – | – |
|
2008
Powell Industries
POWL
$3.47B
| $2.21M | ﹤0.01% |
33,000
+2,978
| +10% | +$199K |
|
|
ZEP
2009
DELISTED
ZEP INC COM STK (DE)
ZEP
| $2.2M | ﹤0.01% |
113,314
+27,313
| +32% | +$531K |
|
2010
Ormat Technologies
ORA
$5.53B
| $2.2M | ﹤0.01% |
79,200
+12,296
| +18% | +$342K |
|
|
CNSL
2011
DELISTED
Consolidated Communications Holdings, Inc.
CNSL
| $2.2M | ﹤0.01% |
111,965
-9,919
| -8% | -$195K |
|
|
SCU
2012
DELISTED
Sculptor Capital Management, Inc. Class A Common Stock
SCU
| $2.2M | ﹤0.01% |
14,790
+2,710
| +22% | +$403K |
|
|
MTSC
2013
DELISTED
MTS Systems Corp
MTSC
| $2.2M | ﹤0.01% |
30,600
-350
| -1% | -$25.2K |
|
2014
Helios Technologies
HLIO
$1.8B
| $2.2M | ﹤0.01% |
53,000
-889
| -2% | -$36.8K |
|
2015
Spok Holdings
SPOK
$360M
| $2.2M | ﹤0.01% |
149,353
+28,531
| +24% | +$419K |
|
2016
Boyd Gaming
BYD
$6.79B
| $2.19M | ﹤0.01% |
188,800
-31,133
| -14% | -$361K |
|
2017
Coty
COTY
$3.57B
| $2.18M | ﹤0.01% |
145,662
+19,362
| +15% | +$290K |
|
2018
PDF Solutions
PDFS
$765M
| $2.18M | ﹤0.01% |
86,400
+400
| +0.5% | +$10.1K |
|
2019
TFS Financial
TFSL
$3.75B
| $2.18M | ﹤0.01% |
180,200
+3,102
| +2% | +$37.6K |
|
2020
Adeia
ADEA
$1.71B
| $2.18M | ﹤0.01% |
414,666
-4,279
| -1% | -$22.5K |
|
|
ACAT
2021
DELISTED
Arctic Cat Inc
ACAT
| $2.18M | ﹤0.01% |
38,600
+1,500
| +4% | +$84.6K |
|
|
XRTX
2022
DELISTED
XYRATEX LTD (BERMUDA)
XRTX
| $2.18M | ﹤0.01% |
163,500
| – | – |
|
|
BAS
2023
DELISTED
Basis Energy Services, Inc.
BAS
| $2.18M | ﹤0.01% |
246
+31
| +14% | +$274K |
|
2024
Intrepid Potash
IPI
$389M
| $2.17M | ﹤0.01% |
14,040
-230
| -2% | -$35.6K |
|
2025
TC Energy
TRP
$54.4B
| $2.17M | ﹤0.01% |
+47,326
| New | +$2.17M |
|