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 | |
|---|---|---|---|---|---|---|
2151
QuidelOrtho
QDEL
$1.94B
| $1.97M | ﹤0.01% |
78,800
| – | – |
|
|
AFOP
2152
DELISTED
ALLIANCE FIBER OPTIC PROD INC COM STK
AFOP
| $1.96M | ﹤0.01% |
130,360
+41,600
| +47% | +$626K |
|
|
RDC
2153
DELISTED
Rowan Companies Plc
RDC
| $1.96M | ﹤0.01% |
88,500
-87,100
| -50% | -$1.93M |
|
2154
Terreno Realty
TRNO
$6.05B
| $1.95M | ﹤0.01% |
82,200
+26,400
| +47% | +$626K |
|
2155
Ultrapar
UGP
$4.1B
| $1.95M | ﹤0.01% |
190,772
+93,772
| +97% | +$959K |
|
|
LORL
2156
DELISTED
Loral Space and Communications, Inc.
LORL
| $1.95M | ﹤0.01% |
26,500
+600
| +2% | +$44K |
|
2157
Civitas Resources
CIVI
$3.02B
| $1.94M | ﹤0.01% |
676
+274
| +68% | +$787K |
|
2158
MarineMax
HZO
$556M
| $1.94M | ﹤0.01% |
91,600
+38,500
| +73% | +$816K |
|
2159
Gerdau
GGB
$6.03B
| $1.94M | ﹤0.01% |
708,226
+101,918
| +17% | +$279K |
|
2160
American Woodmark
AMWD
$995M
| $1.93M | ﹤0.01% |
47,900
+2,000
| +4% | +$80.7K |
|
2161
Geospace Technologies
GEOS
$209M
| $1.93M | ﹤0.01% |
73,500
+34,600
| +89% | +$906K |
|
2162
Sangamo Therapeutics
SGMO
$152M
| $1.92M | ﹤0.01% |
139,500
| – | – |
|
2163
Intrepid Potash
IPI
$389M
| $1.92M | ﹤0.01% |
13,800
| – | – |
|
|
SAAS
2164
DELISTED
inContact, Inc.
SAAS
| $1.92M | ﹤0.01% |
211,600
+87,100
| +70% | +$788K |
|
|
WAIR
2165
DELISTED
WESCO Aircraft Holdings Inc.
WAIR
| $1.9M | ﹤0.01% |
145,600
+4,300
| +3% | +$56.2K |
|
2166
Towne Bank
TOWN
$2.83B
| $1.9M | ﹤0.01% |
122,555
+71,219
| +139% | +$1.1M |
|
|
ACI
2167
DELISTED
ARCH COAL, INC.
ACI
| $1.9M | ﹤0.01% |
190,013
+67,660
| +55% | +$677K |
|
|
AVDL
2168
Avadel Pharmaceuticals
AVDL
$1.5B
| $1.9M | ﹤0.01% |
129,674
+17,600
| +16% | +$258K |
|
|
AUD
2169
DELISTED
Audacy, Inc.
AUD
| $1.89M | ﹤0.01% |
158,900
| – | – |
|
2170
McGrath RentCorp
MGRC
$3.01B
| $1.89M | ﹤0.01% |
59,500
| – | – |
|
2171
Gorman-Rupp
GRC
$1.13B
| $1.89M | ﹤0.01% |
64,518
-2,725
| -4% | -$79.7K |
|
|
NTRI
2172
DELISTED
NutriSystem, Inc.
NTRI
| $1.88M | ﹤0.01% |
99,700
+39,500
| +66% | +$746K |
|
|
AMTG
2173
DELISTED
APOLLO RESIDENTIAL MTG INC COM STK
AMTG
| $1.88M | ﹤0.01% |
118,400
+79,900
| +208% | +$1.27M |
|
2174
Marten Transport
MRTN
$953M
| $1.88M | ﹤0.01% |
220,500
+5,750
| +3% | +$49K |
|
|
SNR
2175
DELISTED
NEW SENIOR INVESTMENT GROUP INC.
SNR
| $1.88M | ﹤0.01% |
+110,731
| New | +$1.88M |
|