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 | |
|---|---|---|---|---|---|---|
2126
Stepan Co
SCL
$1.09B
| $2.03M | ﹤0.01% |
51,190
| – | – |
|
|
VNR
2127
DELISTED
Vanguard Natural Resources, LLC
VNR
| $2.02M | ﹤0.01% |
130,200
+2,900
| +2% | +$45K |
|
|
SMRT
2128
DELISTED
Stein Mart Inc
SMRT
| $2.02M | ﹤0.01% |
136,800
-46,100
| -25% | -$680K |
|
|
INN
2129
Summit Hotel Properties
INN
$623M
| $2.02M | ﹤0.01% |
150,995
+86,485
| +134% | +$1.16M |
|
2130
Renasant Corp
RNST
$3.68B
| $2.02M | ﹤0.01% |
74,544
+20,100
| +37% | +$544K |
|
|
NXTM
2131
DELISTED
NxStage Medical Inc.
NXTM
| $2.02M | ﹤0.01% |
106,800
-51,400
| -32% | -$971K |
|
|
NOAH
2132
Noah Holdings
NOAH
$781M
| $2.02M | ﹤0.01% |
105,900
| – | – |
|
|
RDUS
2133
DELISTED
Radius Recycling
RDUS
| $2.02M | ﹤0.01% |
122,262
+14,600
| +14% | +$241K |
|
2134
Rayonier Advanced Materials
RYAM
$421M
| $2.01M | ﹤0.01% |
106,532
| – | – |
|
|
ONIT
2135
Onity Group Inc.
ONIT
$367M
| $2.01M | ﹤0.01% |
20,100
-4,643
| -19% | -$465K |
|
|
DXM
2136
DELISTED
DEX MEDIA INC NEW COM STK (DE)
DXM
| $2.01M | ﹤0.01% |
262,556
+44,400
| +20% | +$340K |
|
2137
Vaalco Energy
EGY
$419M
| $2.01M | ﹤0.01% |
323,427
+7,000
| +2% | +$43.4K |
|
|
VSA
2138
TCTM Kids IT Education Inc. American Depositary Shares
VSA
$177M
| $2M | ﹤0.01% |
33,296
| – | – |
|
|
EVRI
2139
DELISTED
Everi Holdings
EVRI
| $1.99M | ﹤0.01% |
292,679
-32,478
| -10% | -$221K |
|
2140
8x8 Inc
EGHT
$286M
| $1.99M | ﹤0.01% |
250,000
-10,000
| -4% | -$79.5K |
|
2141
Trinseo
TSE
$87.7M
| $1.99M | ﹤0.01% |
128,100
+78,100
| +156% | +$1.21M |
|
|
GDP
2142
DELISTED
GOODRICH PETROLEUM CORP(NEW)
GDP
| $1.99M | ﹤0.01% |
682,400
+521,969
| +325% | +$1.52M |
|
|
PSTB
2143
DELISTED
Park Sterling Corp.
PSTB
| $1.99M | ﹤0.01% |
295,068
| – | – |
|
2144
Groupon
GRPN
$923M
| $1.99M | ﹤0.01% |
14,019
-20,849
| -60% | -$2.95M |
|
2145
Shenandoah Telecom
SHEN
$744M
| $1.98M | ﹤0.01% |
122,800
+7,600
| +7% | +$123K |
|
|
ALU
2146
DELISTED
ALCATEL-LUCENT ADR
ALU
| $1.98M | ﹤0.01% |
570,517
| – | – |
|
|
FRM
2147
DELISTED
FURMANITE CORPORATION COM
FRM
| $1.97M | ﹤0.01% |
266,300
+170,300
| +177% | +$1.26M |
|
|
SPPI
2148
DELISTED
Spectrum Pharmaceuticals Inc
SPPI
| $1.97M | ﹤0.01% |
284,500
+94,700
| +50% | +$656K |
|
|
ELGX
2149
DELISTED
Endologix Inc
ELGX
| $1.97M | ﹤0.01% |
13,600
| – | – |
|
2150
Gray Television
GTN
$598M
| $1.97M | ﹤0.01% |
191,500
+72,600
| +61% | +$746K |
|