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 |
Medtronic
MDT
|
$293M |
| 2 |
Visa
V
|
$274M |
| 3 |
AGN
Allergan plc
AGN
|
$103M |
| 4 |
Equinix
EQIX
|
$36M |
| 5 |
Qorvo
QRVO
|
$32M |
Top Sells
| 1 |
AGN
ALLERGAN INC
AGN
|
$179M |
| 2 |
Wells Fargo
WFC
|
$127M |
| 3 |
Microsoft
MSFT
|
$113M |
| 4 |
Occidental Petroleum
OXY
|
$96.6M |
| 5 |
Johnson & Johnson
JNJ
|
$94.6M |
Sector Composition
| 1 | Financials | 16.01% |
| 2 | Healthcare | 14.61% |
| 3 | Technology | 14.2% |
| 4 | Industrials | 10.79% |
| 5 | Consumer Discretionary | 9.3% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
351
Nucor
NUE
$33.8B
| $35.8M | 0.05% |
813,361
-217,400
| -21% | -$9.58M |
|
352
Liberty Global Class A
LBTYA
$4.05B
| $35.8M | 0.05% |
802,801
-5,819
| -0.7% | -$259K |
|
353
Plains All American Pipeline
PAA
$12.1B
| $35.8M | 0.05% |
820,817
-37,300
| -4% | -$1.63M |
|
354
Travel + Leisure Co
TNL
$4.08B
| $35.6M | 0.05% |
963,275
-14,530
| -1% | -$537K |
|
355
NVIDIA
NVDA
$4.07T
| $35.6M | 0.05% |
70,804,000
+14,964,400
| +27% | +$7.52M |
|
356
Western Union
WU
$2.86B
| $35.6M | 0.05% |
1,748,957
-386,970
| -18% | -$7.87M |
|
357
Advance Auto Parts
AAP
$3.63B
| $35.3M | 0.05% |
221,483
+21,508
| +11% | +$3.43M |
|
358
Voya Financial
VOYA
$7.38B
| $35.3M | 0.05% |
758,600
-982,440
| -56% | -$45.7M |
|
359
Sealed Air
SEE
$4.82B
| $35.1M | 0.05% |
683,798
-114,797
| -14% | -$5.9M |
|
360
Dover
DOV
$24.4B
| $34.8M | 0.05% |
614,479
+84,620
| +16% | +$4.8M |
|
361
Newmont
NEM
$83.7B
| $34.6M | 0.05% |
1,483,016
-807,461
| -35% | -$18.9M |
|
|
CAM
362
DELISTED
CAMERON INTERNATIONAL CORPORATION
CAM
| $34.5M | 0.05% |
658,092
-46,600
| -7% | -$2.44M |
|
363
Check Point Software Technologies
CHKP
$20.7B
| $34.4M | 0.05% |
432,300
-1,600
| -0.4% | -$127K |
|
364
Incyte
INCY
$16.9B
| $34.4M | 0.05% |
330,000
+65,500
| +25% | +$6.83M |
|
365
Essex Property Trust
ESS
$17.3B
| $33.9M | 0.05% |
159,634
+14,600
| +10% | +$3.1M |
|
366
Loews
L
$20B
| $33.8M | 0.05% |
878,380
-14,300
| -2% | -$551K |
|
367
Celanese
CE
$5.34B
| $33.8M | 0.05% |
470,514
-135,300
| -22% | -$9.73M |
|
368
Pediatrix Medical
MD
$1.49B
| $33.8M | 0.05% |
456,100
-9,100
| -2% | -$674K |
|
369
Textron
TXT
$14.5B
| $33.8M | 0.05% |
757,000
+81,200
| +12% | +$3.62M |
|
|
WFM
370
DELISTED
Whole Foods Market Inc
WFM
| $33.7M | 0.05% |
855,100
-210,014
| -20% | -$8.28M |
|
371
Eastman Chemical
EMN
$7.93B
| $33.7M | 0.05% |
411,456
+92,200
| +29% | +$7.54M |
|
372
Brown-Forman Class B
BF.B
$13.7B
| $33.6M | 0.05% |
1,047,756
+1,459
| +0.1% | +$46.8K |
|
373
Quest Diagnostics
DGX
$20.5B
| $33.4M | 0.05% |
461,220
-2,600
| -0.6% | -$189K |
|
374
Agilent Technologies
A
$36.5B
| $33.3M | 0.05% |
862,800
-115,713
| -12% | -$4.46M |
|
375
Best Buy
BBY
$16.1B
| $33.3M | 0.05% |
1,019,818
-269,758
| -21% | -$8.8M |
|