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 | |
|---|---|---|---|---|---|---|
376
Coterra Energy
CTRA
$18.3B
| $33.2M | 0.05% |
1,052,396
+200
| +0% | +$6.31K |
|
|
SNDK
377
DELISTED
SANDISK CORP
SNDK
| $33.2M | 0.05% |
569,900
-24,200
| -4% | -$1.41M |
|
378
Harley-Davidson
HOG
$3.67B
| $33.1M | 0.05% |
586,783
-154,000
| -21% | -$8.68M |
|
379
Alaska Air
ALK
$7.28B
| $33M | 0.05% |
511,792
-169,900
| -25% | -$10.9M |
|
380
Newell Brands
NWL
$2.68B
| $32.9M | 0.05% |
800,300
-189,700
| -19% | -$7.8M |
|
381
Mohawk Industries
MHK
$8.65B
| $32.8M | 0.05% |
172,000
+4,900
| +3% | +$935K |
|
382
Ametek
AME
$43.3B
| $32.7M | 0.05% |
596,500
+15,900
| +3% | +$871K |
|
383
Unum
UNM
$12.6B
| $32.3M | 0.05% |
904,686
-37,800
| -4% | -$1.35M |
|
|
GAP
384
The Gap, Inc.
GAP
$8.83B
| $32.3M | 0.05% |
847,325
-20,200
| -2% | -$771K |
|
385
Affiliated Managers Group
AMG
$6.62B
| $32.3M | 0.05% |
147,700
-16,015
| -10% | -$3.5M |
|
386
Equifax
EFX
$30.8B
| $32.1M | 0.05% |
331,024
+18,300
| +6% | +$1.78M |
|
|
CXO
387
DELISTED
CONCHO RESOURCES INC.
CXO
| $32.1M | 0.05% |
281,700
+3,270
| +1% | +$372K |
|
388
Tractor Supply
TSCO
$32.1B
| $32.1M | 0.05% |
1,782,000
+77,000
| +5% | +$1.39M |
|
389
Waters Corp
WAT
$18.2B
| $32M | 0.05% |
249,302
-42,902
| -15% | -$5.51M |
|
|
390
Qorvo
QRVO
$8.61B
| $32M | 0.05% |
+398,691
| New | +$32M |
|
391
Vulcan Materials
VMC
$39B
| $31.9M | 0.05% |
380,600
-94,235
| -20% | -$7.91M |
|
392
Expedia Group
EXPE
$26.6B
| $31.9M | 0.05% |
292,114
-6,000
| -2% | -$656K |
|
|
PRE
393
DELISTED
PARTNERRE LTD
PRE
| $31.9M | 0.05% |
248,495
-193,225
| -44% | -$24.8M |
|
394
Lear
LEA
$5.91B
| $31.8M | 0.05% |
283,600
-96,900
| -25% | -$10.9M |
|
395
Xerox
XRX
$493M
| $31.7M | 0.05% |
1,132,069
-365,838
| -24% | -$10.3M |
|
|
XLNX
396
DELISTED
Xilinx Inc
XLNX
| $31.6M | 0.05% |
716,112
-154,300
| -18% | -$6.81M |
|
|
JWN
397
DELISTED
Nordstrom
JWN
| $31.5M | 0.05% |
423,459
-4,800
| -1% | -$358K |
|
|
ANDV
398
DELISTED
Andeavor
ANDV
| $31.5M | 0.05% |
372,952
-167,972
| -31% | -$14.2M |
|
|
ENDP
399
DELISTED
Endo International plc
ENDP
| $31.3M | 0.05% |
393,323
-1,303
| -0.3% | -$104K |
|
|
CTXS
400
DELISTED
Citrix Systems Inc
CTXS
| $31.1M | 0.05% |
556,571
-16,433
| -3% | -$918K |
|