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 |
YHOO
Yahoo Inc
YHOO
|
+$84.3M |
| 2 |
Zoetis
ZTS
|
+$65.3M |
| 3 |
Yum! Brands
YUM
|
+$53.2M |
| 4 |
ATH
Athene Holding Ltd. Class A Common Shares
ATH
|
+$45.7M |
| 5 |
Zimmer Biomet
ZBH
|
+$40.6M |
Top Sells
| 1 |
Apollo Global Management
APO
|
+$122M |
| 2 |
Apple
AAPL
|
+$61.9M |
| 3 |
SE
Spectra Energy Corp Wi
SE
|
+$57.7M |
| 4 |
STJ
St Jude Medical
STJ
|
+$53.3M |
| 5 |
Microsoft
MSFT
|
+$51.7M |
Sector Composition
| 1 | Financials | 17.68% |
| 2 | Technology | 15.06% |
| 3 | Healthcare | 12.81% |
| 4 | Industrials | 10.76% |
| 5 | Consumer Discretionary | 9.53% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
PGNX
2001
DELISTED
Progenics Pharmaceuticals Inc
PGNX
| $1.63M | ﹤0.01% |
172,200
-7,500
| -4% | -$70.8K |
|
2002
Pathward Financial
CASH
$1.72B
| $1.62M | ﹤0.01% |
54,930
| – | – |
|
2003
GeoPark
GPRK
$325M
| $1.61M | ﹤0.01% |
225,398
-9,739
| -4% | -$69.7K |
|
|
ONIT
2004
Onity Group Inc.
ONIT
$367M
| $1.61M | ﹤0.01% |
19,593
+3,760
| +24% | +$309K |
|
|
SPNC
2005
DELISTED
Spectranetics Corp
SPNC
| $1.61M | ﹤0.01% |
55,200
-2,400
| -4% | -$69.9K |
|
2006
Gorman-Rupp
GRC
$1.13B
| $1.61M | ﹤0.01% |
51,168
-800
| -2% | -$25.1K |
|
|
CALL
2007
DELISTED
magicJack VocalTec Ltd
CALL
| $1.61M | ﹤0.01% |
187,900
+24,300
| +15% | +$208K |
|
|
TLRD
2008
DELISTED
Tailored Brands, Inc.
TLRD
| $1.61M | ﹤0.01% |
107,500
+8,100
| +8% | +$121K |
|
2009
Koppers
KOP
$567M
| $1.61M | ﹤0.01% |
37,900
-32,700
| -46% | -$1.38M |
|
|
AFAM
2010
DELISTED
Almost Family Inc
AFAM
| $1.6M | ﹤0.01% |
33,000
+1,300
| +4% | +$63.2K |
|
2011
GoPro
GPRO
$327M
| $1.59M | ﹤0.01% |
182,800
+3,500
| +2% | +$30.4K |
|
2012
Park Aerospace
PKE
$372M
| $1.59M | ﹤0.01% |
89,000
+700
| +0.8% | +$12.5K |
|
|
NXGN
2013
DELISTED
NextGen Healthcare, Inc. Common Stock
NXGN
| $1.59M | ﹤0.01% |
104,300
+800
| +0.8% | +$12.2K |
|
|
TRTN
2014
DELISTED
Triton International Limited
TRTN
| $1.59M | ﹤0.01% |
61,600
+1,300
| +2% | +$33.5K |
|
2015
Boyd Gaming
BYD
$6.79B
| $1.59M | ﹤0.01% |
72,100
-1,500
| -2% | -$33K |
|
2016
Camden National
CAC
$684M
| $1.59M | ﹤0.01% |
36,000
-500
| -1% | -$22K |
|
|
JUNO
2017
DELISTED
Juno Therapeutics, Inc.
JUNO
| $1.58M | ﹤0.01% |
71,200
-3,100
| -4% | -$68.8K |
|
|
HOS
2018
DELISTED
Hornbeck Offshore Services, Inc.
HOS
| $1.57M | ﹤0.01% |
355,400
+44,000
| +14% | +$195K |
|
2019
China Yuchai International
CYD
$1.46B
| $1.57M | ﹤0.01% |
85,000
+6,800
| +9% | +$126K |
|
2020
Tidewater
TDW
$2.93B
| $1.57M | ﹤0.01% |
42,409
+9,814
| +30% | +$364K |
|
2021
Casella Waste Systems
CWST
$5.79B
| $1.57M | ﹤0.01% |
111,400
-18,100
| -14% | -$255K |
|
2022
Movado Group
MOV
$438M
| $1.57M | ﹤0.01% |
63,000
+6,700
| +12% | +$167K |
|
2023
WIX.com
WIX
$9.56B
| $1.57M | ﹤0.01% |
23,100
-100
| -0.4% | -$6.79K |
|
2024
Corcept Therapeutics
CORT
$7.68B
| $1.57M | ﹤0.01% |
143,000
-15,600
| -10% | -$171K |
|
2025
Marten Transport
MRTN
$953M
| $1.57M | ﹤0.01% |
167,000
-1,500
| -0.9% | -$14.1K |
|