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 | |
|---|---|---|---|---|---|---|
2026
Sarepta Therapeutics
SRPT
$1.82B
| $2.17M | ﹤0.01% |
108,600
-1,400
| -1% | -$28K |
|
|
DGIT
2027
DELISTED
DIGITAL GENERATION INC COM STK (DE)
DGIT
| $2.17M | ﹤0.01% |
170,400
+8,433
| +5% | +$107K |
|
|
CHMI
2028
Cherry Hill Mortgage Investment Corp
CHMI
$107M
| $2.17M | ﹤0.01% |
+120,000
| New | +$2.17M |
|
2029
Select Medical
SEM
$1.55B
| $2.15M | ﹤0.01% |
350,413
-122,553
| -26% | -$753K |
|
|
VRTU
2030
DELISTED
Virtusa Corporation
VRTU
| $2.15M | ﹤0.01% |
56,800
-249
| -0.4% | -$9.42K |
|
|
PHLT
2031
Performant Healthcare, Inc. Common Stock
PHLT
$607M
| $2.15M | ﹤0.01% |
204,960
+46,660
| +29% | +$489K |
|
|
EBIX
2032
DELISTED
Ebix Inc
EBIX
| $2.14M | ﹤0.01% |
145,969
+13,909
| +11% | +$204K |
|
|
AEC
2033
DELISTED
ASSOCIATED ESTATES REALTY CORP
AEC
| $2.14M | ﹤0.01% |
134,340
+39,788
| +42% | +$632K |
|
|
XCRA
2034
DELISTED
Xcerra Corporation
XCRA
| $2.13M | ﹤0.01% |
276,813
+40,680
| +17% | +$314K |
|
|
ROIC
2035
DELISTED
Retail Opportunity Investments Corp.
ROIC
| $2.13M | ﹤0.01% |
142,000
+1,100
| +0.8% | +$16.5K |
|
2036
Koppers
KOP
$567M
| $2.13M | ﹤0.01% |
45,500
+3,307
| +8% | +$155K |
|
|
SODA
2037
DELISTED
SodaStream International Ltd
SODA
| $2.13M | ﹤0.01% |
42,086
+10,186
| +32% | +$515K |
|
2038
Federal Agricultural Mortgage
AGM
$2.15B
| $2.12M | ﹤0.01% |
61,200
+100
| +0.2% | +$3.47K |
|
2039
Cavco Industries
CVCO
$4.32B
| $2.12M | ﹤0.01% |
30,500
+470
| +2% | +$32.7K |
|
2040
Rambus
RMBS
$9.26B
| $2.12M | ﹤0.01% |
221,600
+9,159
| +4% | +$87.5K |
|
|
AMRI
2041
DELISTED
Albany Molecular Research Inc
AMRI
| $2.12M | ﹤0.01% |
205,440
+67,740
| +49% | +$698K |
|
|
FBRC
2042
DELISTED
FBR & Co. Common Stock
FBRC
| $2.12M | ﹤0.01% |
77,155
+23,710
| +44% | +$651K |
|
2043
Marten Transport
MRTN
$953M
| $2.11M | ﹤0.01% |
265,733
+48,515
| +22% | +$386K |
|
|
CIR
2044
DELISTED
CIRCOR International, Inc
CIR
| $2.11M | ﹤0.01% |
25,600
+357
| +1% | +$29.4K |
|
|
CKEC
2045
DELISTED
Carmike Cinemas Inc
CKEC
| $2.1M | ﹤0.01% |
75,600
+17,100
| +29% | +$476K |
|
2046
ePlus
PLUS
$1.97B
| $2.1M | ﹤0.01% |
146,800
-17,600
| -11% | -$252K |
|
|
EDMC
2047
DELISTED
EDUCATION MGMT CORP NEW COM STK (PA)
EDMC
| $2.1M | ﹤0.01% |
188,500
-1,200
| -0.6% | -$13.4K |
|
|
CLMS
2048
DELISTED
Calamos Asset Management, Inc.
CLMS
| $2.1M | ﹤0.01% |
178,000
+22,771
| +15% | +$268K |
|
|
OREX
2049
DELISTED
Orexigen Therapeutics, Inc.
OREX
| $2.09M | ﹤0.01% |
36,660
-407
| -1% | -$23.2K |
|
|
RVBD
2050
DELISTED
RIVERBED TECHNOLOGY, INC COM
RVBD
| $2.09M | ﹤0.01% |
119,900
-266,708
| -69% | -$4.65M |
|