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 | |
|---|---|---|---|---|---|---|
|
AGEN
2401
Agenus
AGEN
$143M
| $949K | ﹤0.01% |
10,514
+2,604
| +33% | +$235K |
|
|
GWB
2402
DELISTED
Great Western Bancorp, Inc.
GWB
| $946K | ﹤0.01% |
37,300
+14,200
| +61% | +$360K |
|
2403
Protalix BioTherapeutics
PLX
$144M
| $945K | ﹤0.01% |
80,090
| – | – |
|
|
CLMS
2404
DELISTED
Calamos Asset Management, Inc.
CLMS
| $944K | ﹤0.01% |
99,600
-8,900
| -8% | -$84.4K |
|
2405
Lifeway Foods
LWAY
$509M
| $943K | ﹤0.01% |
90,028
| – | – |
|
|
DL
2406
DELISTED
China Distance Education Holdings Limited
DL
| $938K | ﹤0.01% |
73,400
-1,700
| -2% | -$21.7K |
|
|
NATL
2407
DELISTED
National Interstate Corporation
NATL
| $936K | ﹤0.01% |
35,081
-300
| -0.8% | -$8K |
|
2408
Simmons First National
SFNC
$2.96B
| $935K | ﹤0.01% |
39,000
-4,200
| -10% | -$101K |
|
2409
Shutterstock
SSTK
$742M
| $934K | ﹤0.01% |
30,900
-1,100
| -3% | -$33.2K |
|
|
RTEC
2410
DELISTED
Rudolph Technologies Inc
RTEC
| $933K | ﹤0.01% |
74,900
-2,500
| -3% | -$31.1K |
|
|
ANTE
2411
AirNet Technology Inc. Ordinary Share
ANTE
$536M
| $932K | ﹤0.01% |
8,675
-2,995
| -26% | -$322K |
|
2412
German American Bancorp
GABC
$1.53B
| $931K | ﹤0.01% |
47,700
+5,250
| +12% | +$102K |
|
2413
Citizens
CIA
$274M
| $930K | ﹤0.01% |
125,300
-4,300
| -3% | -$31.9K |
|
2414
LivePerson
LPSN
$86M
| $929K | ﹤0.01% |
122,900
-4,200
| -3% | -$31.7K |
|
|
KMI.WS
2415
DELISTED
Kinder Morgan Inc
KMI.WS
| $926K | ﹤0.01% |
1,007,001
| – | – |
|
|
FLY
2416
DELISTED
Fly Leasing Limited
FLY
| $920K | ﹤0.01% |
69,700
-10,100
| -13% | -$133K |
|
|
DX
2417
Dynex Capital
DX
$1.63B
| $917K | ﹤0.01% |
46,600
+9,700
| +26% | +$191K |
|
2418
MYR Group
MYRG
$2.73B
| $917K | ﹤0.01% |
35,000
+2,800
| +9% | +$73.4K |
|
2419
Park Aerospace
PKE
$372M
| $916K | ﹤0.01% |
52,100
-1,800
| -3% | -$31.6K |
|
|
PRSU
2420
Pursuit Attractions and Hospitality, Inc.
PRSU
$1.04B
| $913K | ﹤0.01% |
31,500
-1,100
| -3% | -$31.9K |
|
2421
Tronox
TROX
$767M
| $910K | ﹤0.01% |
208,300
+52,600
| +34% | +$230K |
|
2422
Movado Group
MOV
$438M
| $909K | ﹤0.01% |
35,200
+4,100
| +13% | +$106K |
|
|
INFI
2423
DELISTED
Infinity Pharmaceuticals, Inc.
INFI
| $909K | ﹤0.01% |
107,600
| – | – |
|
|
AMRN
2424
Amarin Corp
AMRN
$310M
| $908K | ﹤0.01% |
23,525
| – | – |
|
2425
Intrepid Potash
IPI
$389M
| $908K | ﹤0.01% |
16,390
+2,590
| +19% | +$143K |
|