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 |
Kraft Heinz
KHC
|
+$103M |
| 2 |
NETSCOUT
NTCT
|
+$102M |
| 3 |
PayPal
PYPL
|
+$87.9M |
| 4 |
AT&T
T
|
+$53.9M |
| 5 |
Alibaba
BABA
|
+$49.9M |
Top Sells
| 1 |
Alphabet (Google) Class C
GOOG
|
+$798M |
| 2 |
DTV
DIRECTV COM STK (DE)
DTV
|
+$134M |
| 3 |
KRFT
KRAFT FOODS GROUP INC COM STK (VA)
KRFT
|
+$129M |
| 4 |
eBay
EBAY
|
+$105M |
| 5 |
Apple
AAPL
|
+$56.2M |
Sector Composition
| 1 | Financials | 16.47% |
| 2 | Technology | 14.3% |
| 3 | Healthcare | 14.2% |
| 4 | Industrials | 10.8% |
| 5 | Consumer Discretionary | 9.87% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
QADA
2351
DELISTED
QAD Inc.
QADA
| $1.02M | ﹤0.01% |
39,800
-1,400
| -3% | -$35.8K |
|
2352
Altisource Portfolio Solutions
ASPS
$124M
| $1.02M | ﹤0.01% |
5,338
+125
| +2% | +$23.8K |
|
2353
MiMedx Group
MDXG
$1.03B
| $1.02M | ﹤0.01% |
105,500
| – | – |
|
|
TAL
2354
DELISTED
TAL INTERNATIONAL GROUP, INC.
TAL
| $1.02M | ﹤0.01% |
74,300
-7,300
| -9% | -$99.8K |
|
|
COWN
2355
DELISTED
Cowen Inc. Class A Common Stock
COWN
| $1.01M | ﹤0.01% |
55,575
-800
| -1% | -$14.6K |
|
2356
CRA International
CRAI
$1.3B
| $1.01M | ﹤0.01% |
46,900
+1,100
| +2% | +$23.7K |
|
2357
Lifecore Biomedical
LFCR
$281M
| $1.01M | ﹤0.01% |
86,700
-2,900
| -3% | -$33.9K |
|
|
RSE
2358
DELISTED
ROUSE PPTYS INC COM (DE)
RSE
| $1.01M | ﹤0.01% |
64,985
+7,300
| +13% | +$114K |
|
2359
HealthEquity
HQY
$7.97B
| $1.01M | ﹤0.01% |
34,200
+22,800
| +200% | +$674K |
|
2360
Westwood Holdings Group
WHG
$160M
| $1.01M | ﹤0.01% |
18,600
-600
| -3% | -$32.6K |
|
2361
PhenixFIN
PFX
$96.1M
| $1.01M | ﹤0.01% |
6,785
-230
| -3% | -$34.2K |
|
2362
The Bancorp
TBBK
$3.5B
| $1.01M | ﹤0.01% |
132,500
+18,100
| +16% | +$138K |
|
|
NEWS
2363
DELISTED
NewStar Financial, Inc.
NEWS
| $1.01M | ﹤0.01% |
123,000
-4,200
| -3% | -$34.5K |
|
2364
TrueCar
TRUE
$215M
| $1.01M | ﹤0.01% |
193,400
-6,600
| -3% | -$34.4K |
|
|
EVEP
2365
DELISTED
EV Energy Partners, L.P.
EVEP
| $1.01M | ﹤0.01% |
167,996
| – | – |
|
2366
Liberty Latin America Class A
LILA
$1.5B
| $1.01M | ﹤0.01% |
+31,721
| New | +$1.01M |
|
2367
S&T Bancorp
STBA
$1.5B
| $1M | ﹤0.01% |
30,700
+7,200
| +31% | +$235K |
|
2368
Shake Shack
SHAK
$4.06B
| $1M | ﹤0.01% |
+21,100
| New | +$1M |
|
|
TMX
2369
DELISTED
Terminix Global Holdings, Inc.
TMX
| $1M | ﹤0.01% |
44,491
+2,239
| +5% | +$50.3K |
|
|
LGCY
2370
DELISTED
Legacy Reserves Inc. Common Stock
LGCY
| $999K | ﹤0.01% |
244,200
| – | – |
|
|
VNR
2371
DELISTED
Vanguard Natural Resources, LLC
VNR
| $991K | ﹤0.01% |
130,400
+11,600
| +10% | +$88.2K |
|
|
CEQP
2372
DELISTED
Crestwood Equity Partners LP
CEQP
| $990K | ﹤0.01% |
43,400
| – | – |
|
|
INSY
2373
DELISTED
Insys Therapeutics, Inc.
INSY
| $990K | ﹤0.01% |
34,800
-21,900
| -39% | -$623K |
|
|
PACD
2374
DELISTED
Pacific Drilling S A
PACD
| $986K | ﹤0.01% |
78,860
-2,530
| -3% | -$31.6K |
|
2375
First Community Bankshares
FCBC
$680M
| $983K | ﹤0.01% |
54,900
-6,100
| -10% | -$109K |
|