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 | |
|---|---|---|---|---|---|---|
401
Masco
MAS
$15.9B
| $34.5M | 0.05% |
1,640,239
+208,478
| +15% | +$4.38M |
|
402
Ralph Lauren
RL
$18.7B
| $34.3M | 0.05% |
207,980
+17,080
| +9% | +$2.81M |
|
|
BBBY
403
DELISTED
Bed Bath & Beyond Inc
BBBY
| $34.3M | 0.05% |
520,407
-55,800
| -10% | -$3.67M |
|
404
Everest Group
EG
$14.2B
| $34.2M | 0.05% |
211,329
+1,100
| +0.5% | +$178K |
|
405
Western Union
WU
$2.82B
| $34M | 0.05% |
2,120,127
-11,900
| -0.6% | -$191K |
|
406
Universal Health Services
UHS
$11.8B
| $33.9M | 0.05% |
324,788
+41,200
| +15% | +$4.31M |
|
407
TechnipFMC
FTI
$16B
| $33.8M | 0.05% |
836,640
-54,970
| -6% | -$2.22M |
|
408
WEC Energy
WEC
$34.6B
| $33.7M | 0.05% |
783,508
+17,200
| +2% | +$740K |
|
409
Affiliated Managers Group
AMG
$6.57B
| $33.6M | 0.05% |
167,546
+21,946
| +15% | +$4.4M |
|
410
Cheniere Energy
LNG
$51.3B
| $33.6M | 0.05% |
419,300
| – | – |
|
411
Molson Coors Class B
TAP
$9.86B
| $33.5M | 0.05% |
450,330
+17,410
| +4% | +$1.3M |
|
412
Nokia
NOK
$24.7B
| $33.2M | 0.05% |
3,927,975
+1,120,150
| +40% | +$9.48M |
|
413
Credicorp
BAP
$20.9B
| $33.2M | 0.05% |
216,579
+25,879
| +14% | +$3.97M |
|
414
Labcorp
LH
$23B
| $33M | 0.05% |
378,011
+30,997
| +9% | +$2.71M |
|
|
CSC
415
DELISTED
Computer Sciences
CSC
| $32.8M | 0.05% |
1,271,612
-159,941
| -11% | -$4.12M |
|
416
Sealed Air
SEE
$4.86B
| $32.7M | 0.05% |
937,859
-44,201
| -5% | -$1.54M |
|
|
HAR
417
DELISTED
Harman International Industries
HAR
| $32.5M | 0.04% |
331,405
+64,662
| +24% | +$6.34M |
|
418
Range Resources
RRC
$8.11B
| $32.4M | 0.04% |
478,249
+76,000
| +19% | +$5.15M |
|
419
Unum
UNM
$12.6B
| $32.1M | 0.04% |
934,786
-15,500
| -2% | -$533K |
|
420
Quest Diagnostics
DGX
$20.5B
| $32M | 0.04% |
527,599
+16,927
| +3% | +$1.03M |
|
421
Mattel
MAT
$5.96B
| $31.9M | 0.04% |
1,039,753
-47,700
| -4% | -$1.46M |
|
422
Pilgrim's Pride
PPC
$10.6B
| $31.7M | 0.04% |
1,037,828
+572,226
| +123% | +$17.5M |
|
|
MNK
423
DELISTED
MALLINCKRODT PUBLIC LIMITED COMPANY
MNK
| $31.6M | 0.04% |
350,773
+191,007
| +120% | +$17.2M |
|
|
XEC
424
DELISTED
CIMAREX ENERGY CO
XEC
| $31.6M | 0.04% |
249,800
-2,200
| -0.9% | -$278K |
|
425
J.M. Smucker
SJM
$11.9B
| $31.6M | 0.04% |
318,986
-73,600
| -19% | -$7.29M |
|