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 | |
|---|---|---|---|---|---|---|
476
SL Green Realty
SLG
$4.21B
| $27.6M | 0.04% |
281,673
+14,359
| +5% | +$1.41M |
|
477
SiriusXM
SIRI
$8.17B
| $27.5M | 0.04% |
788,330
+11,590
| +1% | +$404K |
|
|
PLL
478
DELISTED
PALL CORP
PLL
| $27.3M | 0.04% |
326,664
+21,000
| +7% | +$1.76M |
|
|
479
Liberty Media Series C
FWONK
$25.4B
| $27.2M | 0.04% |
+1,080,055
| New | +$27.2M |
|
480
Ameren
AEE
$26.8B
| $27M | 0.04% |
703,800
-3,900
| -0.6% | -$149K |
|
481
Steel Dynamics
STLD
$19.2B
| $26.9M | 0.04% |
1,188,600
+27,400
| +2% | +$620K |
|
482
AGNC Investment
AGNC
$10.8B
| $26.8M | 0.04% |
1,262,955
+154,087
| +14% | +$3.27M |
|
483
Alaska Air
ALK
$7.18B
| $26.8M | 0.04% |
615,392
-5,600
| -0.9% | -$244K |
|
484
Fortune Brands Innovations
FBIN
$7.05B
| $26.8M | 0.04% |
762,517
+57,882
| +8% | +$2.03M |
|
485
Owens Corning
OC
$12.5B
| $26.8M | 0.04% |
843,614
-7,600
| -0.9% | -$241K |
|
|
KMR
486
DELISTED
KINDER MORGAN MANAGEMENT LLC
KMR
| $26.6M | 0.04% |
287,216
-21,033
| -7% | -$1.95M |
|
487
Newell Brands
NWL
$2.61B
| $26.6M | 0.04% |
773,600
-10,000
| -1% | -$344K |
|
|
WPX
488
DELISTED
WPX Energy, Inc.
WPX
| $26.6M | 0.04% |
1,105,437
+133,859
| +14% | +$3.22M |
|
489
Avis
CAR
$5.56B
| $26.6M | 0.04% |
483,808
-63,437
| -12% | -$3.48M |
|
490
AXIS Capital
AXS
$7.58B
| $26.5M | 0.04% |
559,593
-108,932
| -16% | -$5.16M |
|
|
FTR
491
DELISTED
Frontier Communications Corp.
FTR
| $26.5M | 0.04% |
270,867
-19,901
| -7% | -$1.94M |
|
492
Cintas
CTAS
$81.4B
| $26.4M | 0.04% |
1,497,140
+306,000
| +26% | +$5.4M |
|
|
SRCL
493
DELISTED
Stericycle Inc
SRCL
| $26.4M | 0.04% |
226,196
-800
| -0.4% | -$93.2K |
|
494
ON Semiconductor
ON
$19.9B
| $26.3M | 0.04% |
2,941,028
-208,725
| -7% | -$1.87M |
|
|
SVC
495
Service Properties Trust
SVC
$476M
| $26.2M | 0.04% |
983,570
-5,035
| -0.5% | -$134K |
|
|
BRCD
496
DELISTED
Brocade Communications Systems, Inc. NEW
BRCD
| $26.1M | 0.04% |
2,402,848
+244,300
| +11% | +$2.66M |
|
|
VER
497
DELISTED
VEREIT, Inc.
VER
| $26.1M | 0.04% |
433,106
-8,081
| -2% | -$487K |
|
498
Essex Property Trust
ESS
$17.3B
| $26.1M | 0.04% |
145,734
-700
| -0.5% | -$125K |
|
499
Petrobras Class A
PBR.A
$73.4B
| $26M | 0.04% |
1,742,912
+398,035
| +30% | +$5.93M |
|
500
IDEX
IEX
$12.2B
| $25.9M | 0.04% |
358,200
+300
| +0.1% | +$21.7K |
|