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 | |
|---|---|---|---|---|---|---|
2251
Federal Agricultural Mortgage
AGM
$2.15B
| $1.66M | ﹤0.01% |
60,600
-1,700
| -3% | -$46.6K |
|
2252
Lifeway Foods
LWAY
$509M
| $1.66M | ﹤0.01% |
90,028
+40,728
| +83% | +$750K |
|
2253
CRA International
CRAI
$1.3B
| $1.66M | ﹤0.01% |
56,600
+1,200
| +2% | +$35.1K |
|
2254
HCI Group
HCI
$2.34B
| $1.65M | ﹤0.01% |
35,400
| – | – |
|
2255
Heidrick & Struggles
HSII
$1.03B
| $1.65M | ﹤0.01% |
72,775
+4,600
| +7% | +$104K |
|
|
VOLC
2256
DELISTED
VOLCANO CORPORATION COM STK
VOLC
| $1.65M | ﹤0.01% |
91,700
| – | – |
|
2257
Simmons First National
SFNC
$2.96B
| $1.65M | ﹤0.01% |
84,900
+2,900
| +4% | +$56.2K |
|
2258
VSE Corp
VSEC
$3.4B
| $1.64M | ﹤0.01% |
46,200
+20,400
| +79% | +$726K |
|
|
AIMC
2259
DELISTED
Altra Industrial Motion Corp.
AIMC
| $1.64M | ﹤0.01% |
64,500
| – | – |
|
2260
MediWound
MDWD
$194M
| $1.64M | ﹤0.01% |
+28,557
| New | +$1.64M |
|
|
CNR
2261
DELISTED
Cornerstone Building Brands, Inc.
CNR
| $1.64M | ﹤0.01% |
100,301
-37,990
| -27% | -$619K |
|
|
TNH
2262
DELISTED
Terra Nitrogen
TNH
| $1.62M | ﹤0.01% |
13,100
| – | – |
|
2263
BlackRock TCP Capital
TCPC
$605M
| $1.62M | ﹤0.01% |
101,900
| – | – |
|
2264
Marchex
MCHX
$86.4M
| $1.62M | ﹤0.01% |
398,790
+341,500
| +596% | +$1.39M |
|
|
LAYN
2265
DELISTED
Layne Christensen Co
LAYN
| $1.62M | ﹤0.01% |
197,700
+95,500
| +93% | +$782K |
|
2266
WisdomTree
WT
$2.11B
| $1.61M | ﹤0.01% |
89,000
+43,100
| +94% | +$781K |
|
|
MKTO
2267
DELISTED
MARKETO INC COM STK (DE)
MKTO
| $1.61M | ﹤0.01% |
46,784
-11,450
| -20% | -$395K |
|
|
AMCC
2268
DELISTED
Applied Micro Circuits Corporation New
AMCC
| $1.61M | ﹤0.01% |
273,800
+130,800
| +91% | +$769K |
|
2269
National Healthcare
NHC
$1.78B
| $1.61M | ﹤0.01% |
25,300
+1,100
| +5% | +$69.9K |
|
2270
Insmed
INSM
$30.8B
| $1.6M | ﹤0.01% |
100,800
-31,048
| -24% | -$494K |
|
|
CBR
2271
DELISTED
CIBER Inc.
CBR
| $1.6M | ﹤0.01% |
493,656
-3,100
| -0.6% | -$10K |
|
2272
Clearway Energy Class C
CWEN
$3.39B
| $1.6M | ﹤0.01% |
58,400
+3,200
| +6% | +$87.6K |
|
2273
FormFactor
FORM
$2.32B
| $1.6M | ﹤0.01% |
202,301
+96,532
| +91% | +$763K |
|
2274
Gannett
GCI
$620M
| $1.6M | ﹤0.01% |
71,556
+27,200
| +61% | +$606K |
|
|
ILG
2275
DELISTED
ILG, Inc Common Stock
ILG
| $1.59M | ﹤0.01% |
69,370
+2,500
| +4% | +$57.2K |
|