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 | |
|---|---|---|---|---|---|---|
426
Masco
MAS
$15.4B
| $31.9M | 0.04% |
1,443,190
-197,049
| -12% | -$4.35M |
|
427
Advance Auto Parts
AAP
$3.57B
| $31.8M | 0.04% |
199,975
-96,702
| -33% | -$15.4M |
|
428
Akamai
AKAM
$11.2B
| $31.7M | 0.04% |
526,550
+7,700
| +1% | +$464K |
|
429
Rockwell Automation
ROK
$38.6B
| $31.7M | 0.04% |
295,647
-81,700
| -22% | -$8.76M |
|
430
Ball Corp
BALL
$13.7B
| $31.7M | 0.04% |
992,600
+16,600
| +2% | +$530K |
|
431
L3Harris
LHX
$50.6B
| $31.6M | 0.04% |
455,968
+4,300
| +1% | +$298K |
|
432
Amdocs
DOX
$9.43B
| $31.6M | 0.04% |
664,550
+5,800
| +0.9% | +$276K |
|
433
Sealed Air
SEE
$4.91B
| $31.6M | 0.04% |
798,595
-139,264
| -15% | -$5.5M |
|
|
ENDP
434
DELISTED
Endo International plc
ENDP
| $31.5M | 0.04% |
394,626
-35,195
| -8% | -$2.81M |
|
435
Nokia
NOK
$24.7B
| $31.5M | 0.04% |
3,927,975
| – | – |
|
436
Kimco Realty
KIM
$15.1B
| $31.4M | 0.04% |
1,109,386
+57,200
| +5% | +$1.62M |
|
|
CXO
437
DELISTED
CONCHO RESOURCES INC.
CXO
| $31.3M | 0.04% |
278,430
-38,364
| -12% | -$4.32M |
|
438
Marvell Technology
MRVL
$57.6B
| $31.3M | 0.04% |
2,023,934
-200,400
| -9% | -$3.1M |
|
|
KSU
439
DELISTED
Kansas City Southern
KSU
| $31.3M | 0.04% |
286,600
+85,100
| +42% | +$9.3M |
|
|
CAM
440
DELISTED
CAMERON INTERNATIONAL CORPORATION
CAM
| $31.3M | 0.04% |
704,692
-51,670
| -7% | -$2.29M |
|
|
OCR
441
DELISTED
OMNICARE INC
OCR
| $31.2M | 0.04% |
409,827
-50,195
| -11% | -$3.82M |
|
|
ETP
442
DELISTED
Energy Transfer Partners, L.P.
ETP
| $31.2M | 0.04% |
742,500
+27,200
| +4% | +$1.14M |
|
443
Fastenal
FAST
$55B
| $31.2M | 0.04% |
2,744,800
-67,600
| -2% | -$767K |
|
444
Liberty Global Class A
LBTYA
$3.94B
| $31.1M | 0.04% |
808,620
+110,698
| +16% | +$4.26M |
|
|
SLXP
445
DELISTED
SALIX PHARMACEUTICALS LTD DEL
SLXP
| $31M | 0.04% |
245,531
+93,261
| +61% | +$11.8M |
|
446
BioMarin Pharmaceuticals
BMRN
$10.7B
| $30.9M | 0.04% |
309,965
+11,065
| +4% | +$1.1M |
|
|
CA
447
DELISTED
CA, Inc.
CA
| $30.6M | 0.04% |
1,020,472
-276,300
| -21% | -$8.27M |
|
448
J.M. Smucker
SJM
$11.8B
| $30.5M | 0.04% |
288,350
-30,636
| -10% | -$3.24M |
|
449
Brown-Forman Class B
BF.B
$13B
| $30.5M | 0.04% |
1,046,297
+27,188
| +3% | +$792K |
|
450
F5
FFIV
$18.7B
| $30.3M | 0.04% |
267,656
+16,048
| +6% | +$1.82M |
|