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 |
Kinder Morgan
KMI
|
+$115M |
| 2 |
Enterprise Products Partners
EPD
|
+$52.3M |
| 3 |
Teva Pharmaceuticals
TEVA
|
+$41.2M |
| 4 |
Alibaba
BABA
|
+$36.6M |
| 5 |
Annaly Capital Management
NLY
|
+$27.7M |
Top Sells
| 1 |
Apple
AAPL
|
+$207M |
| 2 |
Medtronic
MDT
|
+$167M |
| 3 |
COV
COVIDIEN PLC COM SHS NEW (IRELAND)
COV
|
+$114M |
| 4 |
SPDR S&P Emerging Markets Small Cap ETF
EWX
|
+$77.1M |
| 5 |
Alphabet (Google) Class C
GOOG
|
+$72.9M |
Sector Composition
| 1 | Financials | 15.53% |
| 2 | Technology | 14.16% |
| 3 | Healthcare | 13.55% |
| 4 | Industrials | 10.94% |
| 5 | Consumer Discretionary | 8.81% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
376
Henry Schein
HSIC
$8.16B
| $36.9M | 0.05% |
660,004
+3,825
| +0.6% | +$214K |
|
377
Capri Holdings
CPRI
$2.44B
| $36.6M | 0.05% |
516,900
-79,600
| -13% | -$5.63M |
|
|
FTR
378
DELISTED
Frontier Communications Corp.
FTR
| $36.6M | 0.05% |
360,043
+89,176
| +33% | +$9.06M |
|
|
LVLT
379
DELISTED
Level 3 Communications Inc
LVLT
| $36.5M | 0.05% |
728,130
+230,020
| +46% | +$11.5M |
|
|
SWY
380
DELISTED
SAFEWAY INC
SWY
| $36.4M | 0.05% |
1,034,909
+151,300
| +17% | +$5.32M |
|
|
NLSN
381
DELISTED
Nielsen Holdings plc
NLSN
| $36.4M | 0.05% |
823,000
+17,000
| +2% | +$751K |
|
|
XL
382
DELISTED
XL Group Ltd.
XL
| $36.1M | 0.05% |
1,011,300
-184,247
| -15% | -$6.57M |
|
|
VER
383
DELISTED
VEREIT, Inc.
VER
| $36M | 0.05% |
761,449
+328,343
| +76% | +$15.5M |
|
384
Ameren
AEE
$26.8B
| $36M | 0.05% |
778,300
+74,500
| +11% | +$3.44M |
|
385
NetApp
NTAP
$24.4B
| $35.9M | 0.05% |
943,716
+10,600
| +1% | +$404K |
|
|
COL
386
DELISTED
Rockwell Collins
COL
| $35.9M | 0.05% |
416,096
+14,900
| +4% | +$1.29M |
|
387
Martin Marietta Materials
MLM
$36.9B
| $35.8M | 0.05% |
320,482
-12,999
| -4% | -$1.45M |
|
388
Owens Corning
OC
$12.5B
| $35.7M | 0.05% |
896,138
+52,524
| +6% | +$2.09M |
|
389
Ralph Lauren
RL
$18.6B
| $35.6M | 0.05% |
212,780
+4,800
| +2% | +$804K |
|
390
Charter Communications
CHTR
$35.5B
| $35.6M | 0.05% |
227,679
-25,810
| -10% | -$4.04M |
|
391
C.H. Robinson
CHRW
$14.9B
| $35.6M | 0.05% |
482,652
+11,481
| +2% | +$847K |
|
|
TRW
392
DELISTED
TRW AUTOMOTIVE HOLDINGS CORP
TRW
| $35.5M | 0.05% |
344,261
-274,010
| -44% | -$28.3M |
|
393
CenterPoint Energy
CNP
$24.4B
| $35.3M | 0.05% |
1,527,538
+18,274
| +1% | +$423K |
|
394
Loews
L
$19.9B
| $35.2M | 0.05% |
892,680
-26,700
| -3% | -$1.05M |
|
|
SWN
395
DELISTED
Southwestern Energy Company
SWN
| $35.1M | 0.05% |
1,375,111
+374,248
| +37% | +$9.57M |
|
396
Wynn Resorts
WYNN
$12.7B
| $35.1M | 0.05% |
226,145
-24,000
| -10% | -$3.72M |
|
397
Signet Jewelers
SIG
$3.71B
| $35M | 0.05% |
279,177
+86,077
| +45% | +$10.8M |
|
398
Waters Corp
WAT
$17.9B
| $34.9M | 0.05% |
292,204
+48,400
| +20% | +$5.78M |
|
399
Cintas
CTAS
$80.8B
| $34.8M | 0.05% |
1,743,140
+246,000
| +16% | +$4.91M |
|
400
PVH
PVH
$3.98B
| $34.8M | 0.05% |
308,522
+54,960
| +22% | +$6.19M |
|