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 | |
|---|---|---|---|---|---|---|
|
XCRA
2026
DELISTED
Xcerra Corporation
XCRA
| $1.57M | ﹤0.01% |
176,200
-7,600
| -4% | -$67.5K |
|
2027
Western Midstream Partners
WES
$14.6B
| $1.56M | ﹤0.01% |
33,800
+13,100
| +63% | +$604K |
|
|
I
2028
DELISTED
INTELSAT S. A.
I
| $1.56M | ﹤0.01% |
375,500
+37,500
| +11% | +$156K |
|
2029
Helios Technologies
HLIO
$1.8B
| $1.56M | ﹤0.01% |
43,100
-1,800
| -4% | -$65K |
|
2030
Assertio
ASRT
$78.3M
| $1.55M | ﹤0.01% |
30,950
-1,350
| -4% | -$67.8K |
|
2031
Carlyle Group
CG
$24.1B
| $1.55M | ﹤0.01% |
97,300
+5,700
| +6% | +$90.9K |
|
|
WIRE
2032
DELISTED
Encore Wire Corp
WIRE
| $1.55M | ﹤0.01% |
33,700
-1,500
| -4% | -$69K |
|
|
HEOP
2033
DELISTED
Heritage Oaks Bancorp
HEOP
| $1.55M | ﹤0.01% |
115,897
+17,000
| +17% | +$227K |
|
|
LMNX
2034
DELISTED
Luminex Corp
LMNX
| $1.54M | ﹤0.01% |
84,000
-4,800
| -5% | -$88.2K |
|
2035
Standex International
SXI
$2.47B
| $1.54M | ﹤0.01% |
15,400
-1,800
| -10% | -$180K |
|
|
OB
2036
DELISTED
Onebeacon Insurance Group Ltd
OB
| $1.54M | ﹤0.01% |
96,300
-4,900
| -5% | -$78.4K |
|
2037
Great Southern Bancorp
GSBC
$710M
| $1.54M | ﹤0.01% |
30,400
-1,200
| -4% | -$60.6K |
|
2038
TriCo Bancshares
TCBK
$1.48B
| $1.54M | ﹤0.01% |
43,200
+5,600
| +15% | +$199K |
|
|
DM
2039
DELISTED
Dominion Energy Midstream Ptr LP
DM
| $1.53M | ﹤0.01% |
48,000
-2,100
| -4% | -$67.1K |
|
|
NSH
2040
DELISTED
NuStar GP Holdings LLC
NSH
| $1.53M | ﹤0.01% |
54,900
-2,200
| -4% | -$61.5K |
|
2041
Materion
MTRN
$2.31B
| $1.53M | ﹤0.01% |
45,700
-2,900
| -6% | -$97.3K |
|
|
LXFT
2042
DELISTED
Luxoft Holding, Inc.
LXFT
| $1.53M | ﹤0.01% |
24,500
+4,200
| +21% | +$263K |
|
2043
Cooper-Standard Automotive
CPS
$667M
| $1.53M | ﹤0.01% |
13,800
+1,900
| +16% | +$211K |
|
2044
First Financial Corporation Common Stock
THFF
$691M
| $1.53M | ﹤0.01% |
32,200
-500
| -2% | -$23.8K |
|
|
SODA
2045
DELISTED
SodaStream International Ltd
SODA
| $1.53M | ﹤0.01% |
31,600
-17,600
| -36% | -$852K |
|
|
PTLA
2046
DELISTED
Portola Pharmaceuticals, Inc.
PTLA
| $1.53M | ﹤0.01% |
39,000
-1,700
| -4% | -$66.6K |
|
|
GBNK
2047
DELISTED
Guaranty Bancorp
GBNK
| $1.53M | ﹤0.01% |
62,700
+8,000
| +15% | +$195K |
|
2048
Red Robin
RRGB
$121M
| $1.53M | ﹤0.01% |
26,100
+2,600
| +11% | +$152K |
|
2049
Boston Beer
SAM
$2.36B
| $1.52M | ﹤0.01% |
10,500
-600
| -5% | -$86.8K |
|
2050
Immersion
IMMR
$221M
| $1.52M | ﹤0.01% |
175,200
| – | – |
|