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 |
AGN
Allergan plc
AGN
|
+$57.2M |
| 2 |
WFT
Weatherford International plc
WFT
|
+$42.9M |
| 3 |
Liberty Media Series C
FWONK
|
+$27.2M |
| 4 |
Meta Platforms (Facebook)
META
|
+$25.2M |
| 5 |
Alibaba
BABA
|
+$22.2M |
Top Sells
| 1 |
SPDR S&P Emerging Markets Small Cap ETF
EWX
|
+$98.2M |
| 2 |
FRX
FOREST LABORATORIES INC
FRX
|
+$73.6M |
| 3 |
Exxon Mobil
XOM
|
+$43M |
| 4 |
HSH
HILLSHIRE BRANDS CO
HSH
|
+$38.7M |
| 5 |
Apple
AAPL
|
+$33.3M |
Sector Composition
| 1 | Financials | 16.01% |
| 2 | Technology | 14.34% |
| 3 | Healthcare | 13.09% |
| 4 | Industrials | 10.62% |
| 5 | Energy | 9.58% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
2301
Jakks Pacific
JAKK
$199M
| $1.38M | ﹤0.01% |
19,427
-2,170
| -10% | -$154K |
|
|
CALD
2302
DELISTED
Callidus Software, Inc.
CALD
| $1.38M | ﹤0.01% |
114,761
-16,173
| -12% | -$194K |
|
2303
Greenlight Captial
GLRE
$426M
| $1.38M | ﹤0.01% |
42,500
+300
| +0.7% | +$9.72K |
|
|
EOX
2304
DELISTED
EMERALD OIL INC (MT)
EOX
| $1.38M | ﹤0.01% |
11,194
+1,490
| +15% | +$183K |
|
2305
Ceco Environmental
CECO
$1.7B
| $1.38M | ﹤0.01% |
102,611
+1,100
| +1% | +$14.7K |
|
|
PGN
2306
DELISTED
PARAGON OFFSHORE PLC (GBR)
PGN
| $1.37M | ﹤0.01% |
+223,139
| New | +$1.37M |
|
|
I
2307
DELISTED
INTELSAT S. A.
I
| $1.37M | ﹤0.01% |
80,000
-79,100
| -50% | -$1.36M |
|
|
SMA
2308
DELISTED
SYMMETRY MEDICAL INC
SMA
| $1.37M | ﹤0.01% |
135,753
| – | – |
|
|
FBRC
2309
DELISTED
FBR & Co. Common Stock
FBRC
| $1.37M | ﹤0.01% |
49,780
| – | – |
|
|
HW
2310
DELISTED
Headwaters Inc
HW
| $1.37M | ﹤0.01% |
109,080
-18,488
| -14% | -$232K |
|
2311
Geospace Technologies
GEOS
$209M
| $1.37M | ﹤0.01% |
38,900
| – | – |
|
|
WG
2312
DELISTED
Willbros Group
WG
| $1.37M | ﹤0.01% |
164,029
-200
| -0.1% | -$1.67K |
|
|
LKM
2313
DELISTED
Link Motion Inc.
LKM
| $1.37M | ﹤0.01% |
195,900
| – | – |
|
|
PSEM
2314
DELISTED
PERICOM SEMICONDUCTOR CP
PSEM
| $1.36M | ﹤0.01% |
139,900
+25,500
| +22% | +$248K |
|
2315
Icahn Enterprises
IEP
$4.67B
| $1.36M | ﹤0.01% |
12,800
| – | – |
|
2316
Calix
CALX
$4.01B
| $1.35M | ﹤0.01% |
141,500
+54,000
| +62% | +$517K |
|
2317
Pacific Biosciences
PACB
$351M
| $1.35M | ﹤0.01% |
275,050
| – | – |
|
2318
National Presto Industries
NPK
$802M
| $1.35M | ﹤0.01% |
22,200
+1,500
| +7% | +$91.1K |
|
|
MITT
2319
AG Mortgage Investment Trust
MITT
$244M
| $1.35M | ﹤0.01% |
25,233
+2,066
| +9% | +$110K |
|
|
TESS
2320
DELISTED
Tessco Technologies Inc
TESS
| $1.35M | ﹤0.01% |
46,475
+2,200
| +5% | +$63.8K |
|
2321
National Healthcare
NHC
$1.78B
| $1.34M | ﹤0.01% |
24,200
+5,800
| +32% | +$322K |
|
2322
Marcus Corp
MCS
$504M
| $1.34M | ﹤0.01% |
84,900
+1,200
| +1% | +$19K |
|
2323
Arrow Financial
AROW
$478M
| $1.33M | ﹤0.01% |
68,620
+2,466
| +4% | +$47.8K |
|
|
MNTA
2324
DELISTED
Momenta Pharmaceuticals, Inc.
MNTA
| $1.33M | ﹤0.01% |
117,300
| – | – |
|
|
POT
2325
DELISTED
Potash Corp Of Saskatchewan
POT
| $1.33M | ﹤0.01% |
38,400
| – | – |
|