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 | |
|---|---|---|---|---|---|---|
3851
PLDT
PHI
$4.25B
| – | – |
-375,700
| Closed | -$25.1M |
|
3852
Philip Morris
PM
$251B
| – | – |
-189,359
| Closed | -$15.5M |
|
3853
Patriot National Bancorp
PNBK
$141M
| – | – |
-21,449
| Closed | -$36K |
|
3854
Q2 Holdings
QTWO
$4.82B
| – | – |
-35,500
| Closed | -$628K |
|
3855
Ribbon Communications
RBBN
$737M
| – | – |
-752,702
| Closed | -$2.84M |
|
3856
Dr. Reddy's Laboratories
RDY
$11.8B
| – | – |
-29,360
| Closed | -$305K |
|
3857
Ryanair
RYAAY
$31.9B
| – | – |
-1,663,976
| Closed | -$46.6M |
|
3858
Banco Santander
SAN
$142B
| – | – |
-108,807
| Closed | -$723K |
|
3859
SAP
SAP
$317B
| – | – |
-126,735
| Closed | -$8.3M |
|
3860
Sabesp
SBS
$15.3B
| – | – |
-845,863
| Closed | -$4.51M |
|
|
SHYF
3861
DELISTED
The Shyft Group
SHYF
| – | – |
-54,800
| Closed | -$293K |
|
3862
Companhia Siderúrgica Nacional
SID
$1.95B
| – | – |
-163,229
| Closed | -$300K |
|
3863
SIGA Technologies
SIGA
$608M
| – | – |
-156,100
| Closed | -$219K |
|
3864
Sanofi
SNY
$111B
| – | – |
-187,136
| Closed | -$8.72M |
|
3865
Sony
SONY
$167B
| – | – |
-1,290,755
| Closed | -$5.95M |
|
3866
SPDR S&P 500 ETF Trust
SPY
$662B
| – | – |
-221,035
| Closed | -$44.8M |
|
3867
Sasol
SSL
$4.4B
| – | – |
-27,406
| Closed | -$1M |
|
3868
Stagwell
STGW
$1.43B
| – | – |
-35,546
| Closed | -$874K |
|
3869
Teva Pharmaceuticals
TEVA
$21.2B
| – | – |
-790,268
| Closed | -$46.7M |
|
3870
TIM SA
TIMB
$10.1B
| – | – |
-9,827
| Closed | -$233K |
|
3871
Turkcell
TKC
$4.86B
| – | – |
-85,293
| Closed | -$1.3M |
|
3872
Telkom Indonesia
TLK
$19.1B
| – | – |
-1,685,382
| Closed | -$38.4M |
|
3873
TC Energy
TRP
$53.4B
| – | – |
-71,024
| Closed | -$3.2M |
|
3874
Televisa
TV
$1.52B
| – | – |
-211,021
| Closed | -$7.16M |
|
3875
Ultrapar
UGP
$3.88B
| – | – |
-190,772
| Closed | -$1.95M |
|