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 | |
|---|---|---|---|---|---|---|
351
Marriott International Class A Common Stock
MAR
$71.9B
| $40.7M | 0.06% |
581,970
+16,600
| +3% | +$1.16M |
|
|
ATVI
352
DELISTED
Activision Blizzard Inc.
ATVI
| $40.5M | 0.06% |
1,948,500
-13,618
| -0.7% | -$283K |
|
353
Celanese
CE
$5.34B
| $40.5M | 0.06% |
691,414
+56,400
| +9% | +$3.3M |
|
354
Comerica
CMA
$8.85B
| $40.4M | 0.06% |
810,011
+14,857
| +2% | +$741K |
|
355
DaVita
DVA
$9.86B
| $40.1M | 0.06% |
548,300
-7,900
| -1% | -$578K |
|
356
Paychex
PAYX
$48.7B
| $40.1M | 0.06% |
907,007
-23,100
| -2% | -$1.02M |
|
357
NetApp
NTAP
$23.7B
| $40.1M | 0.06% |
933,116
+15,600
| +2% | +$670K |
|
|
CTXS
358
DELISTED
Citrix Systems Inc
CTXS
| $40M | 0.06% |
704,771
-116,827
| -14% | -$6.64M |
|
359
Annaly Capital Management
NLY
$14.2B
| $39.8M | 0.06% |
931,576
+51,734
| +6% | +$2.21M |
|
|
CXO
360
DELISTED
CONCHO RESOURCES INC.
CXO
| $39.7M | 0.05% |
316,794
+54,897
| +21% | +$6.88M |
|
|
XL
361
DELISTED
XL Group Ltd.
XL
| $39.7M | 0.05% |
1,195,547
-36,000
| -3% | -$1.19M |
|
|
XLNX
362
DELISTED
Xilinx Inc
XLNX
| $39.4M | 0.05% |
930,821
-211,900
| -19% | -$8.97M |
|
363
Seagate
STX
$40B
| $39M | 0.05% |
681,335
-40,800
| -6% | -$2.34M |
|
364
Telkom Indonesia
TLK
$19.2B
| $39M | 0.05% |
1,621,764
+83,660
| +5% | +$2.01M |
|
|
QVCGA
365
QVC Group, Inc. Series A Common Stock
QVCGA
$73.3M
| $38.7M | 0.05% |
33,072
-896
| -3% | -$1.05M |
|
|
ETP
366
DELISTED
Energy Transfer Partners L.p.
ETP
| $38.7M | 0.05% |
604,119
+18,919
| +3% | +$1.21M |
|
367
Advance Auto Parts
AAP
$3.63B
| $38.7M | 0.05% |
296,677
+12,592
| +4% | +$1.64M |
|
368
Ryanair
RYAAY
$32.1B
| $38.5M | 0.05% |
1,663,976
| – | – |
|
369
Charter Communications
CHTR
$35.7B
| $38.4M | 0.05% |
253,489
+56,103
| +28% | +$8.49M |
|
370
Loews
L
$20B
| $38.3M | 0.05% |
919,380
+6,200
| +0.7% | +$258K |
|
371
Interpublic Group of Companies
IPG
$9.94B
| $38.2M | 0.05% |
2,087,524
-443,950
| -18% | -$8.13M |
|
|
LLL
372
DELISTED
L3 Technologies, Inc.
LLL
| $38M | 0.05% |
319,499
-48,225
| -13% | -$5.73M |
|
373
Coterra Energy
CTRA
$18.3B
| $37.9M | 0.05% |
1,158,692
-20,851
| -2% | -$682K |
|
374
Royal Caribbean
RCL
$95.7B
| $37.7M | 0.05% |
560,678
+15,222
| +3% | +$1.02M |
|
375
Newmont
NEM
$83.7B
| $37.4M | 0.05% |
1,621,785
+6,768
| +0.4% | +$156K |
|