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 |
Apollo Global Management
APO
|
+$635M |
| 2 |
Verizon
VZ
|
+$198M |
| 3 |
EOG Resources
EOG
|
+$105M |
| 4 |
Perrigo
PRGO
|
+$46M |
| 5 |
Meta Platforms (Facebook)
META
|
+$40.8M |
Top Sells
| 1 |
SPDR S&P Emerging Markets Small Cap ETF
EWX
|
+$55.6M |
| 2 |
LIFE
LIFE TECHNOLOGIES CORP COM STK (DE)
LIFE
|
+$35.3M |
| 3 |
Vodafone
VOD
|
+$31.5M |
| 4 |
Voya Financial
VOYA
|
+$30.5M |
| 5 |
Walmart
WMT
|
+$27.5M |
Sector Composition
| 1 | Financials | 16.29% |
| 2 | Technology | 13.77% |
| 3 | Healthcare | 12.54% |
| 4 | Industrials | 11.09% |
| 5 | Energy | 9.76% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
2026
SpartanNash
SPTN
$897M
| $2.18M | ﹤0.01% |
95,315
-17,100
| -15% | -$390K |
|
|
REV
2027
DELISTED
Revlon, Inc.
REV
| $2.17M | ﹤0.01% |
84,700
-10,600
| -11% | -$272K |
|
2028
Wendy's
WEN
$1.84B
| $2.17M | ﹤0.01% |
252,245
-1,179,734
| -82% | -$10.1M |
|
|
MTSC
2029
DELISTED
MTS Systems Corp
MTSC
| $2.16M | ﹤0.01% |
32,000
+1,400
| +5% | +$94.7K |
|
2030
HealthStream
HSTM
$855M
| $2.16M | ﹤0.01% |
86,723
-43,167
| -33% | -$1.08M |
|
|
NTP
2031
DELISTED
Nam Tai Property Inc.
NTP
| $2.16M | ﹤0.01% |
317,700
+95,200
| +43% | +$647K |
|
2032
Seaboard Corp
SEB
$3.78B
| $2.16M | ﹤0.01% |
857
+31
| +4% | +$78K |
|
2033
Wabash National
WNC
$457M
| $2.16M | ﹤0.01% |
160,300
| – | – |
|
|
FARO
2034
DELISTED
Faro Technologies
FARO
| $2.14M | ﹤0.01% |
42,700
+600
| +1% | +$30.1K |
|
2035
Thermon Group Holdings
THR
$844M
| $2.14M | ﹤0.01% |
88,500
| – | – |
|
|
VIVO
2036
DELISTED
Meridian Bioscience Inc
VIVO
| $2.14M | ﹤0.01% |
101,300
+1,000
| +1% | +$21.1K |
|
|
RNET
2037
DELISTED
RigNet, Inc.
RNET
| $2.14M | ﹤0.01% |
41,509
+24,909
| +150% | +$1.28M |
|
|
NWHM
2038
DELISTED
THE NEW HOME COMPANY INC.
NWHM
| $2.13M | ﹤0.01% |
+150,000
| New | +$2.13M |
|
|
PGI
2039
DELISTED
PREMIERE GLOBAL SERVICES, INC.
PGI
| $2.13M | ﹤0.01% |
177,700
-22,900
| -11% | -$274K |
|
2040
Entegris
ENTG
$13.2B
| $2.12M | ﹤0.01% |
178,600
+6,700
| +4% | +$79.7K |
|
|
ACCL
2041
DELISTED
ACCELRYS INC
ACCL
| $2.11M | ﹤0.01% |
169,500
+11,000
| +7% | +$137K |
|
2042
Powell Industries
POWL
$3.47B
| $2.11M | ﹤0.01% |
33,700
+700
| +2% | +$43.9K |
|
|
TEN
2043
Tsakos Energy Navigation Ltd.
TEN
$672M
| $2.11M | ﹤0.01% |
57,460
-3,160
| -5% | -$116K |
|
|
PNK
2044
DELISTED
Pinnacle Entertainment Inc.
PNK
| $2.11M | ﹤0.01% |
95,456
-2,500
| -3% | -$55.3K |
|
|
LDL
2045
DELISTED
Lydall, Inc.
LDL
| $2.11M | ﹤0.01% |
94,700
-4,500
| -5% | -$100K |
|
2046
CTS Corp
CTS
$1.23B
| $2.11M | ﹤0.01% |
103,752
-18,066
| -15% | -$367K |
|
2047
Southside Bancshares
SBSI
$916M
| $2.1M | ﹤0.01% |
81,665
+4,600
| +6% | +$118K |
|
|
SEAC
2048
DELISTED
Seachange International Inc
SEAC
| $2.1M | ﹤0.01% |
10,451
-1,180
| -10% | -$237K |
|
2049
Intrepid Potash
IPI
$389M
| $2.09M | ﹤0.01% |
14,290
+250
| +2% | +$36.6K |
|
|
DWCH
2050
DELISTED
Datawatch Corp
DWCH
| $2.09M | ﹤0.01% |
87,966
+23,323
| +36% | +$553K |
|