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 |
Medtronic
MDT
|
+$293M |
| 2 |
Visa
V
|
+$274M |
| 3 |
AGN
Allergan plc
AGN
|
+$103M |
| 4 |
Equinix
EQIX
|
+$36M |
| 5 |
Qorvo
QRVO
|
+$32M |
Top Sells
| 1 |
AGN
ALLERGAN INC
AGN
|
+$179M |
| 2 |
Wells Fargo
WFC
|
+$127M |
| 3 |
Microsoft
MSFT
|
+$113M |
| 4 |
Occidental Petroleum
OXY
|
+$96.6M |
| 5 |
Johnson & Johnson
JNJ
|
+$94.6M |
Sector Composition
| 1 | Financials | 16.01% |
| 2 | Healthcare | 14.61% |
| 3 | Technology | 14.2% |
| 4 | Industrials | 10.77% |
| 5 | Consumer Discretionary | 9.3% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
SBR
2101
Sabine Royalty Trust
SBR
$1.12B
| $1.87M | ﹤0.01% |
49,507
-5,100
| -9% | -$193K |
|
2102
Tompkins Financial
TMP
$1B
| $1.87M | ﹤0.01% |
34,800
| – | – |
|
2103
Kratos Defense & Security Solutions
KTOS
$11.7B
| $1.87M | ﹤0.01% |
296,300
-36,812
| -11% | -$232K |
|
|
SGNT
2104
DELISTED
SAGENT PHARMACEUTICALS INC COM STK (DE)
SGNT
| $1.86M | ﹤0.01% |
76,500
+23,700
| +45% | +$576K |
|
2105
Aramark
ARMK
$10.1B
| $1.86M | ﹤0.01% |
83,100
-27,423
| -25% | -$613K |
|
2106
Koppers
KOP
$567M
| $1.85M | ﹤0.01% |
74,800
+9,921
| +15% | +$245K |
|
|
AMCC
2107
DELISTED
Applied Micro Circuits Corporation New
AMCC
| $1.85M | ﹤0.01% |
273,800
| – | – |
|
2108
Interparfums
IPAR
$3.43B
| $1.84M | ﹤0.01% |
54,200
+11,800
| +28% | +$400K |
|
|
ENOC
2109
DELISTED
EnerNOC, Inc.
ENOC
| $1.84M | ﹤0.01% |
189,600
+27,400
| +17% | +$266K |
|
2110
Inogen
INGN
$231M
| $1.83M | ﹤0.01% |
41,100
+16,100
| +64% | +$718K |
|
2111
Entravision Communication
EVC
$226M
| $1.83M | ﹤0.01% |
221,865
-131,700
| -37% | -$1.08M |
|
2112
Century Aluminum
CENX
$2.44B
| $1.82M | ﹤0.01% |
174,500
-52,400
| -23% | -$547K |
|
2113
Gorman-Rupp
GRC
$1.13B
| $1.82M | ﹤0.01% |
64,718
+200
| +0.3% | +$5.62K |
|
|
LMNX
2114
DELISTED
Luminex Corp
LMNX
| $1.82M | ﹤0.01% |
105,300
-38,600
| -27% | -$666K |
|
|
MTBL
2115
DELISTED
Moatable, Inc. American Depositary Share (each representing forty-five (45) Class A Ordinary Shares)
MTBL
| $1.82M | ﹤0.01% |
319,333
| – | – |
|
|
AUD
2116
DELISTED
Audacy, Inc.
AUD
| $1.82M | ﹤0.01% |
158,900
| – | – |
|
|
OREX
2117
DELISTED
Orexigen Therapeutics, Inc.
OREX
| $1.82M | ﹤0.01% |
36,660
-8,559
| -19% | -$424K |
|
|
VIVO
2118
DELISTED
Meridian Bioscience Inc
VIVO
| $1.81M | ﹤0.01% |
97,200
| – | – |
|
2119
TETRA Technologies
TTI
$630M
| $1.81M | ﹤0.01% |
283,800
+40,900
| +17% | +$261K |
|
2120
FRP Holdings
FRPH
$483M
| $1.81M | ﹤0.01% |
111,400
| – | – |
|
2121
Azenta
AZTA
$1.36B
| $1.8M | ﹤0.01% |
157,500
| – | – |
|
|
ADXS
2122
DELISTED
Advaxis, Inc.
ADXS
| $1.8M | ﹤0.01% |
5,907
+1,794
| +44% | +$547K |
|
|
QTS
2123
DELISTED
QTS REALTY TRUST, INC.
QTS
| $1.8M | ﹤0.01% |
49,400
+29,600
| +149% | +$1.08M |
|
|
GIMO
2124
DELISTED
Gigamon Inc.
GIMO
| $1.8M | ﹤0.01% |
+54,600
| New | +$1.8M |
|
2125
Materion
MTRN
$2.31B
| $1.79M | ﹤0.01% |
50,900
-9,241
| -15% | -$326K |
|