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 | |
|---|---|---|---|---|---|---|
451
JD.com
JD
$44.6B
| $26.8M | 0.04% |
786,200
+628,100
| +397% | +$21.4M |
|
|
WFT
452
DELISTED
Weatherford International plc
WFT
| $26.7M | 0.04% |
2,177,631
-600
| -0% | -$7.36K |
|
453
Expeditors International
EXPD
$16.4B
| $26.7M | 0.04% |
579,450
-10,900
| -2% | -$503K |
|
|
WPZ
454
DELISTED
Williams Partners L.P.
WPZ
| $26.7M | 0.04% |
551,361
+260,923
| +90% | +$12.6M |
|
455
Trip.com Group
TCOM
$47.6B
| $26.6M | 0.04% |
732,800
-6,000
| -0.8% | -$218K |
|
456
L3Harris
LHX
$51B
| $26.6M | 0.04% |
345,278
-110,690
| -24% | -$8.51M |
|
457
Mattel
MAT
$6.06B
| $26.5M | 0.04% |
1,032,153
+2,800
| +0.3% | +$71.9K |
|
458
Global Payments
GPN
$21.3B
| $26.3M | 0.04% |
509,400
+82,000
| +19% | +$4.24M |
|
459
SS&C Technologies
SSNC
$21.7B
| $26.3M | 0.04% |
843,000
+46,600
| +6% | +$1.46M |
|
460
KLA
KLAC
$119B
| $26.2M | 0.04% |
466,438
-366,359
| -44% | -$20.6M |
|
461
Signet Jewelers
SIG
$3.85B
| $26.1M | 0.04% |
203,600
-75,577
| -27% | -$9.69M |
|
|
LLTC
462
DELISTED
Linear Technology Corp
LLTC
| $26M | 0.04% |
587,500
+128,400
| +28% | +$5.68M |
|
463
Amdocs
DOX
$9.46B
| $26M | 0.04% |
475,450
-189,100
| -28% | -$10.3M |
|
464
Gartner
IT
$18.6B
| $25.9M | 0.04% |
301,787
+14,800
| +5% | +$1.27M |
|
465
Robert Half
RHI
$3.77B
| $25.8M | 0.04% |
464,972
-8,550
| -2% | -$475K |
|
466
Federal Realty Investment Trust
FRT
$8.86B
| $25.7M | 0.04% |
200,674
+31,312
| +18% | +$4.01M |
|
467
Interpublic Group of Companies
IPG
$9.94B
| $25.6M | 0.04% |
1,328,374
-1,097,501
| -45% | -$21.1M |
|
468
HF Sinclair
DINO
$9.56B
| $25.5M | 0.04% |
597,300
-159,812
| -21% | -$6.82M |
|
469
Masco
MAS
$15.9B
| $25.5M | 0.04% |
1,087,359
-355,831
| -25% | -$8.34M |
|
470
Acuity Brands
AYI
$10.4B
| $25.4M | 0.04% |
141,150
+7,980
| +6% | +$1.44M |
|
471
TechnipFMC
FTI
$16B
| $25.4M | 0.04% |
822,528
-118,003
| -13% | -$3.64M |
|
|
XEC
472
DELISTED
CIMAREX ENERGY CO
XEC
| $25.3M | 0.04% |
229,500
+4,500
| +2% | +$496K |
|
473
T-Mobile US
TMUS
$284B
| $25.2M | 0.04% |
649,100
-61,300
| -9% | -$2.38M |
|
474
Arch Capital
ACGL
$34.1B
| $25.1M | 0.04% |
1,123,800
+34,500
| +3% | +$770K |
|
|
PCL
475
DELISTED
PLUM CREEK TIMBER CO (REIT)
PCL
| $25M | 0.04% |
616,314
+24,800
| +4% | +$1.01M |
|