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 |
S&P Global
SPGI
|
+$81.9M |
| 2 |
Charter Communications
CHTR
|
+$72.8M |
| 3 |
SHPG
Shire pic
SHPG
|
+$37.6M |
| 4 |
Baxter International
BAX
|
+$26.4M |
| 5 |
Newell Brands
NWL
|
+$18.6M |
Top Sells
| 1 |
TWC
TIME WARNER CABLE INC NEW COM STK
TWC
|
+$167M |
| 2 |
MHFI
MCGRAW-HILL FINANCIAL INC COM
MHFI
|
+$74.8M |
| 3 |
BXLT
BAXALTA INC COM STK (DE)
BXLT
|
+$52.3M |
| 4 |
CAM
CAMERON INTERNATIONAL CORPORATION
CAM
|
+$44.9M |
| 5 |
SNDK
SANDISK CORP
SNDK
|
+$39.2M |
Sector Composition
| 1 | Financials | 15.11% |
| 2 | Technology | 13.9% |
| 3 | Healthcare | 13.7% |
| 4 | Industrials | 10.55% |
| 5 | Consumer Discretionary | 9.48% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
2001
Oaktree Specialty Lending
OCSL
$1.21B
| $1.73M | ﹤0.01% |
119,033
-3,700
| -3% | -$53.8K |
|
2002
Rayonier Advanced Materials
RYAM
$421M
| $1.73M | ﹤0.01% |
126,900
+4,700
| +4% | +$63.9K |
|
|
HOS
2003
DELISTED
Hornbeck Offshore Services, Inc.
HOS
| $1.72M | ﹤0.01% |
206,500
+11,000
| +6% | +$91.7K |
|
2004
First Community Bankshares
FCBC
$680M
| $1.72M | ﹤0.01% |
76,600
-2,000
| -3% | -$44.9K |
|
2005
Pacific Biosciences
PACB
$351M
| $1.71M | ﹤0.01% |
243,300
-7,600
| -3% | -$53.5K |
|
2006
Scorpio Tankers
STNG
$2.99B
| $1.71M | ﹤0.01% |
40,710
-7,850
| -16% | -$330K |
|
|
OMN
2007
DELISTED
OMNOVA Solutions Inc.
OMN
| $1.71M | ﹤0.01% |
235,900
+14,800
| +7% | +$107K |
|
|
MTSC
2008
DELISTED
MTS Systems Corp
MTSC
| $1.71M | ﹤0.01% |
39,000
+3,400
| +10% | +$149K |
|
2009
Liberty Media Series C
FWONK
$24.9B
| $1.7M | ﹤0.01% |
92,827
-430,183
| -82% | -$7.89M |
|
|
TLP
2010
DELISTED
Transmontaigne
TLP
| $1.7M | ﹤0.01% |
41,400
+1,500
| +4% | +$61.6K |
|
2011
Great Lakes Dredge & Dock
GLDD
$821M
| $1.7M | ﹤0.01% |
389,700
+64,600
| +20% | +$282K |
|
|
BNCL
2012
DELISTED
Beneficial Bancorp, Inc.
BNCL
| $1.7M | ﹤0.01% |
133,496
-12,000
| -8% | -$153K |
|
|
PPBI
2013
DELISTED
Pacific Premier Bancorp
PPBI
| $1.69M | ﹤0.01% |
70,560
| – | – |
|
|
LL
2014
DELISTED
LL Flooring Holdings, Inc.
LL
| $1.69M | ﹤0.01% |
109,700
+25,600
| +30% | +$395K |
|
2015
Universal Insurance Holdings
UVE
$719M
| $1.69M | ﹤0.01% |
90,800
-6,200
| -6% | -$115K |
|
|
EPAY
2016
DELISTED
Bottomline Technologies Inc
EPAY
| $1.69M | ﹤0.01% |
78,300
-2,500
| -3% | -$53.8K |
|
|
CFNL
2017
DELISTED
Cardinal Financial Corp
CFNL
| $1.69M | ﹤0.01% |
76,800
| – | – |
|
2018
Haverty Furniture Companies
HVT
$371M
| $1.68M | ﹤0.01% |
93,300
-1,900
| -2% | -$34.3K |
|
|
HGT
2019
DELISTED
Hugoton Royalty Trust
HGT
| $1.68M | ﹤0.01% |
712,356
| – | – |
|
2020
Agios Pharmaceuticals
AGIO
$2.14B
| $1.68M | ﹤0.01% |
40,100
-1,300
| -3% | -$54.5K |
|
|
UHT
2021
Universal Health Realty Income Trust
UHT
$575M
| $1.68M | ﹤0.01% |
29,355
+3,700
| +14% | +$212K |
|
|
PDLI
2022
DELISTED
PDL BioPharma, Inc.
PDLI
| $1.68M | ﹤0.01% |
534,100
+69,400
| +15% | +$218K |
|
2023
FibroGen
FGEN
$48.6M
| $1.67M | ﹤0.01% |
4,076
-128
| -3% | -$52.5K |
|
2024
OneMain Financial
OMF
$7.2B
| $1.67M | ﹤0.01% |
73,200
+8,400
| +13% | +$192K |
|
|
NWHM
2025
DELISTED
THE NEW HOME COMPANY INC.
NWHM
| $1.67M | ﹤0.01% |
174,800
| – | – |
|