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 | |
|---|---|---|---|---|---|---|
401
American Water Works
AWK
$28B
| $31M | 0.05% |
637,269
-160,400
| -20% | -$7.8M |
|
402
EQT Corp
EQT
$32.2B
| $30.9M | 0.05% |
697,404
-140,455
| -17% | -$6.22M |
|
403
TransDigm Group
TDG
$71.6B
| $30.8M | 0.05% |
137,300
+11,500
| +9% | +$2.58M |
|
404
J.M. Smucker
SJM
$12B
| $30.8M | 0.05% |
283,950
-4,400
| -2% | -$477K |
|
405
Everest Group
EG
$14.3B
| $30.8M | 0.05% |
169,046
-19,643
| -10% | -$3.58M |
|
406
Foot Locker
FL
$2.29B
| $30.6M | 0.05% |
456,764
-179,000
| -28% | -$12M |
|
407
Church & Dwight Co
CHD
$23.3B
| $30.6M | 0.05% |
753,948
+32,290
| +4% | +$1.31M |
|
408
CBRE Group
CBRE
$48.9B
| $30.3M | 0.05% |
820,000
-36,300
| -4% | -$1.34M |
|
|
OCR
409
DELISTED
OMNICARE INC
OCR
| $30M | 0.05% |
317,830
-91,997
| -22% | -$8.67M |
|
410
Markel Group
MKL
$24.2B
| $29.9M | 0.04% |
37,316
+2,800
| +8% | +$2.24M |
|
411
Ball Corp
BALL
$13.9B
| $29.8M | 0.04% |
849,200
-143,400
| -14% | -$5.03M |
|
412
SiriusXM
SIRI
$8.1B
| $29.8M | 0.04% |
797,580
+19,060
| +2% | +$711K |
|
|
SRCL
413
DELISTED
Stericycle Inc
SRCL
| $29.7M | 0.04% |
222,146
+41,950
| +23% | +$5.62M |
|
414
Fastenal
FAST
$55.1B
| $29.7M | 0.04% |
2,814,000
+69,200
| +3% | +$730K |
|
415
NetApp
NTAP
$23.7B
| $29.6M | 0.04% |
938,516
-5,200
| -0.6% | -$164K |
|
416
Mettler-Toledo International
MTD
$26.9B
| $29.5M | 0.04% |
86,509
+310
| +0.4% | +$106K |
|
417
Autoliv
ALV
$9.58B
| $29.5M | 0.04% |
350,233
+17,489
| +5% | +$1.47M |
|
|
LLL
418
DELISTED
L3 Technologies, Inc.
LLL
| $29.4M | 0.04% |
259,524
-74,306
| -22% | -$8.42M |
|
|
TIF
419
DELISTED
Tiffany & Co.
TIF
| $29.3M | 0.04% |
318,800
+32,724
| +11% | +$3M |
|
420
Annaly Capital Management
NLY
$14.2B
| $29.1M | 0.04% |
790,800
-790,293
| -50% | -$29.1M |
|
421
Snap-on
SNA
$17.1B
| $28.9M | 0.04% |
181,781
+8,912
| +5% | +$1.42M |
|
|
ETFC
422
DELISTED
E*Trade Financial Corporation
ETFC
| $28.9M | 0.04% |
965,330
+44,700
| +5% | +$1.34M |
|
423
Huntington Bancshares
HBAN
$25.7B
| $28.8M | 0.04% |
2,545,531
-84,500
| -3% | -$956K |
|
424
McCormick & Company Non-Voting
MKC
$19B
| $28.6M | 0.04% |
707,564
+14,600
| +2% | +$591K |
|
|
CA
425
DELISTED
CA, Inc.
CA
| $28.6M | 0.04% |
975,672
-44,800
| -4% | -$1.31M |
|