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 |
Kinder Morgan
KMI
|
+$115M |
| 2 |
Enterprise Products Partners
EPD
|
+$52.3M |
| 3 |
Teva Pharmaceuticals
TEVA
|
+$41.2M |
| 4 |
Alibaba
BABA
|
+$36.6M |
| 5 |
Annaly Capital Management
NLY
|
+$27.7M |
Top Sells
| 1 |
Apple
AAPL
|
+$207M |
| 2 |
Medtronic
MDT
|
+$167M |
| 3 |
COV
COVIDIEN PLC COM SHS NEW (IRELAND)
COV
|
+$114M |
| 4 |
SPDR S&P Emerging Markets Small Cap ETF
EWX
|
+$77.1M |
| 5 |
Alphabet (Google) Class C
GOOG
|
+$72.9M |
Sector Composition
| 1 | Financials | 15.53% |
| 2 | Technology | 14.16% |
| 3 | Healthcare | 13.55% |
| 4 | Industrials | 10.94% |
| 5 | Consumer Discretionary | 8.81% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
NPKI
2076
NPK International Inc.
NPKI
$889M
| $2.18M | ﹤0.01% |
244,600
+5,300
| +2% | +$47.2K |
|
|
MDAS
2077
DELISTED
MEDASSETS INC COM STK (DE)
MDAS
| $2.17M | ﹤0.01% |
116,650
| – | – |
|
|
EGOV
2078
DELISTED
NIC Inc
EGOV
| $2.17M | ﹤0.01% |
128,042
| – | – |
|
|
BBOX
2079
DELISTED
Black Box Corp
BBOX
| $2.17M | ﹤0.01% |
102,627
+3,000
| +3% | +$63.4K |
|
|
NXGN
2080
DELISTED
NextGen Healthcare, Inc. Common Stock
NXGN
| $2.17M | ﹤0.01% |
126,400
| – | – |
|
|
WIBC
2081
DELISTED
WILSHIRE BANCORP INC
WIBC
| $2.16M | ﹤0.01% |
230,484
| – | – |
|
|
KKD
2082
DELISTED
KRISPY KREME DOUGHNUTS INC
KKD
| $2.16M | ﹤0.01% |
106,500
-33,200
| -24% | -$675K |
|
|
IMOS
2083
ChipMOS TECHNOLOGIES
IMOS
$627M
| $2.16M | ﹤0.01% |
81,134
+13,341
| +20% | +$356K |
|
|
RTI
2084
DELISTED
RTI INTL METALS INC(HLDG CO)
RTI
| $2.16M | ﹤0.01% |
98,600
-1,500
| -1% | -$32.9K |
|
|
LTS
2085
DELISTED
Ladenburg Thalmann Financial Services Inc
LTS
| $2.16M | ﹤0.01% |
552,100
+74,200
| +16% | +$290K |
|
2086
Kadant
KAI
$3.69B
| $2.16M | ﹤0.01% |
53,662
+17,400
| +48% | +$700K |
|
2087
Community Bank
CBU
$3.11B
| $2.15M | ﹤0.01% |
62,300
+1,100
| +2% | +$38K |
|
2088
Kopin
KOPN
$412M
| $2.15M | ﹤0.01% |
554,200
| – | – |
|
2089
Calix
CALX
$4.01B
| $2.14M | ﹤0.01% |
215,200
+73,700
| +52% | +$732K |
|
|
ISCA
2090
DELISTED
International Speedway Corp
ISCA
| $2.13M | ﹤0.01% |
70,500
| – | – |
|
2091
Mercury Systems
MRCY
$4.34B
| $2.12M | ﹤0.01% |
146,596
+3,000
| +2% | +$43.4K |
|
2092
OFG Bancorp
OFG
$1.95B
| $2.12M | ﹤0.01% |
136,700
-57,700
| -30% | -$896K |
|
|
STL
2093
DELISTED
Sterling Bancorp
STL
| $2.12M | ﹤0.01% |
156,928
| – | – |
|
|
CIO
2094
City Office REIT
CIO
$280M
| $2.12M | ﹤0.01% |
165,000
| – | – |
|
|
AMRI
2095
DELISTED
Albany Molecular Research Inc
AMRI
| $2.12M | ﹤0.01% |
130,400
-23,325
| -15% | -$378K |
|
|
RP
2096
DELISTED
RealPage, Inc.
RP
| $2.11M | ﹤0.01% |
110,200
| – | – |
|
2097
Acacia Research
ACTG
$317M
| $2.11M | ﹤0.01% |
159,600
+40,900
| +34% | +$541K |
|
|
TUES
2098
DELISTED
Tuesday Morning Corp
TUES
| $2.11M | ﹤0.01% |
99,500
-33,542
| -25% | -$711K |
|
2099
Fuel Tech
FTEK
$113M
| $2.1M | ﹤0.01% |
631,820
| – | – |
|
2100
Diodes
DIOD
$2.44B
| $2.1M | ﹤0.01% |
78,200
-1,000
| -1% | -$26.9K |
|