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 | |
|---|---|---|---|---|---|---|
451
Pediatrix Medical
MD
$1.48B
| $30.3M | 0.04% |
465,200
-6,480
| -1% | -$422K |
|
452
Dover
DOV
$24.4B
| $30.2M | 0.04% |
529,859
-21,170
| -4% | -$1.21M |
|
453
Aecom
ACM
$16.8B
| $30.1M | 0.04% |
1,129,715
+808,618
| +252% | +$21.5M |
|
454
Comerica
CMA
$8.83B
| $30M | 0.04% |
709,964
-100,047
| -12% | -$4.23M |
|
455
Unum
UNM
$12.6B
| $30M | 0.04% |
942,486
+7,700
| +0.8% | +$245K |
|
456
Coterra Energy
CTRA
$18.2B
| $30M | 0.04% |
1,052,196
-106,496
| -9% | -$3.03M |
|
457
Fortune Brands Innovations
FBIN
$7.29B
| $30M | 0.04% |
773,242
+10,725
| +1% | +$416K |
|
|
BIG
458
DELISTED
Big Lots, Inc.
BIG
| $29.8M | 0.04% |
625,496
+157,970
| +34% | +$7.52M |
|
459
Church & Dwight Co
CHD
$23B
| $29.6M | 0.04% |
721,658
+129,000
| +22% | +$5.29M |
|
460
Leggett & Platt
LEG
$1.38B
| $29.5M | 0.04% |
660,482
+148,000
| +29% | +$6.61M |
|
461
Hanesbrands
HBI
$2.28B
| $29.4M | 0.04% |
1,045,600
-49,200
| -4% | -$1.38M |
|
462
Avis
CAR
$5.58B
| $29.3M | 0.04% |
482,636
-1,172
| -0.2% | -$71.1K |
|
|
RHT
463
DELISTED
Red Hat Inc
RHT
| $29.1M | 0.04% |
446,500
-195,490
| -30% | -$12.7M |
|
464
Jones Lang LaSalle
JLL
$14.8B
| $29M | 0.04% |
189,300
+37,900
| +25% | +$5.8M |
|
|
PCYC
465
DELISTED
PHARMACYCLICS INC
PCYC
| $28.9M | 0.04% |
173,518
+31,343
| +22% | +$5.22M |
|
|
466
SPDR S&P Emerging Markets Small Cap ETF
EWX
$723M
| $28.9M | 0.04% |
645,304
-1,721,428
| -73% | -$77.1M |
|
467
Macerich
MAC
$4.68B
| $28.9M | 0.04% |
329,504
-16,000
| -5% | -$1.4M |
|
468
AstraZeneca
AZN
$253B
| $28.8M | 0.04% |
800,070
-194,188
| -20% | -$6.98M |
|
|
CSC
469
DELISTED
Computer Sciences
CSC
| $28.6M | 0.04% |
1,080,111
-191,501
| -15% | -$5.06M |
|
|
CIT
470
DELISTED
CIT Group Inc.
CIT
| $28.5M | 0.04% |
628,800
+72,200
| +13% | +$3.27M |
|
|
HSP
471
DELISTED
HOSPIRA INC
HSP
| $28.5M | 0.04% |
434,539
+1,500
| +0.3% | +$98.2K |
|
472
CBRE Group
CBRE
$48.7B
| $28.5M | 0.04% |
856,300
-72,700
| -8% | -$2.42M |
|
473
Ametek
AME
$43.6B
| $28.4M | 0.04% |
580,600
-14,700
| -2% | -$720K |
|
474
Jazz Pharmaceuticals
JAZZ
$7.88B
| $28.4M | 0.04% |
162,955
+5,225
| +3% | +$912K |
|
475
SiriusXM
SIRI
$8.23B
| $28.3M | 0.04% |
778,520
-9,810
| -1% | -$357K |
|