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 | |
|---|---|---|---|---|---|---|
501
PLDT
PHI
$4.21B
| $25.9M | 0.04% |
375,700
+6,300
| +2% | +$435K |
|
|
MWE
502
DELISTED
MARKWEST ENERGY PARTNERS, LP
MWE
| $25.9M | 0.04% |
336,860
| – | – |
|
503
Genworth Financial
GNW
$3.5B
| $25.9M | 0.04% |
1,974,630
+7,860
| +0.4% | +$103K |
|
504
Pediatrix Medical
MD
$1.48B
| $25.9M | 0.04% |
471,680
+100
| +0% | +$5.48K |
|
505
SBA Communications
SBAC
$20.6B
| $25.8M | 0.04% |
232,639
+36
| +0% | +$3.99K |
|
506
TripAdvisor
TRIP
$2.06B
| $25.7M | 0.04% |
280,726
-82,349
| -23% | -$7.53M |
|
507
Philip Morris
PM
$256B
| $25.6M | 0.04% |
306,960
-10,104
| -3% | -$843K |
|
|
CIT
508
DELISTED
CIT Group Inc.
CIT
| $25.6M | 0.04% |
556,600
+38,600
| +7% | +$1.77M |
|
509
Huntington Bancshares
HBAN
$25.7B
| $25.5M | 0.04% |
2,624,131
-42,500
| -2% | -$414K |
|
510
Jazz Pharmaceuticals
JAZZ
$7.8B
| $25.3M | 0.04% |
157,730
-8,570
| -5% | -$1.38M |
|
511
Vanguard FTSE Europe ETF
VGK
$27B
| $25.2M | 0.03% |
457,081
| – | – |
|
512
Snap-on
SNA
$16.8B
| $25.2M | 0.03% |
207,769
+13,500
| +7% | +$1.63M |
|
|
PCL
513
DELISTED
PLUM CREEK TIMBER CO (REIT)
PCL
| $25.2M | 0.03% |
644,714
+9,700
| +2% | +$378K |
|
|
GAS
514
DELISTED
AGL RESOURCES INC (HOLDING CO)
GAS
| $25M | 0.03% |
487,815
+45,000
| +10% | +$2.31M |
|
515
Trimble
TRMB
$19.1B
| $25M | 0.03% |
819,682
+300
| +0% | +$9.15K |
|
516
Embraer
ERJ
$11B
| $24.9M | 0.03% |
635,057
| – | – |
|
|
URS
517
DELISTED
URS CORP
URS
| $24.8M | 0.03% |
430,996
-108,950
| -20% | -$6.28M |
|
|
ESV
518
DELISTED
Ensco Rowan plc
ESV
| $24.8M | 0.03% |
150,052
+180
| +0.1% | +$29.7K |
|
519
Novartis
NVS
$248B
| $24.8M | 0.03% |
293,453
+263,001
| +864% | +$22.2M |
|
|
SNI
520
DELISTED
Scripps Networks Interactive, Inc Common Class A
SNI
| $24.8M | 0.03% |
316,962
-5,900
| -2% | -$461K |
|
521
TSMC
TSM
$1.3T
| $24.7M | 0.03% |
1,222,291
-1,321,267
| -52% | -$26.7M |
|
|
MXIM
522
DELISTED
Maxim Integrated Products
MXIM
| $24.6M | 0.03% |
813,700
-50,286
| -6% | -$1.52M |
|
523
Campbell Soup
CPB
$10.1B
| $24.5M | 0.03% |
574,495
-56,500
| -9% | -$2.41M |
|
524
Equifax
EFX
$31B
| $24.5M | 0.03% |
328,124
+23,400
| +8% | +$1.75M |
|
525
Liberty Global Class A
LBTYA
$3.94B
| $24.5M | 0.03% |
697,922
-99,907
| -13% | -$3.51M |
|