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 | |
|---|---|---|---|---|---|---|
|
GMCR
501
DELISTED
KEURIG GREEN MTN INC
GMCR
| $24.1M | 0.04% |
314,700
-102,488
| -25% | -$7.85M |
|
|
WWAV
502
DELISTED
The WhiteWave Foods Company
WWAV
| $24.1M | 0.04% |
492,900
+47,100
| +11% | +$2.3M |
|
503
Molson Coors Class B
TAP
$9.96B
| $24M | 0.04% |
344,100
-158,707
| -32% | -$11.1M |
|
504
F5
FFIV
$18.1B
| $23.9M | 0.04% |
198,900
-68,756
| -26% | -$8.27M |
|
505
Darden Restaurants
DRI
$24.5B
| $23.9M | 0.04% |
376,664
+92,577
| +33% | +$5.88M |
|
|
MDVN
506
DELISTED
MEDIVATION, INC.
MDVN
| $23.9M | 0.04% |
418,000
-20,000
| -5% | -$1.14M |
|
507
Coca-Cola Europacific Partners
CCEP
$40.4B
| $23.9M | 0.04% |
549,316
-556,882
| -50% | -$24.2M |
|
508
Jones Lang LaSalle
JLL
$14.8B
| $23.8M | 0.04% |
139,100
-50,200
| -27% | -$8.58M |
|
|
SUNE
509
DELISTED
SUNEDISON, INC COM
SUNE
| $23.6M | 0.04% |
789,400
+501,200
| +174% | +$15M |
|
|
TSS
510
DELISTED
Total System Services, Inc.
TSS
| $23.6M | 0.04% |
565,253
+122,833
| +28% | +$5.13M |
|
511
Wabtec
WAB
$33B
| $23.6M | 0.04% |
250,236
-4,900
| -2% | -$462K |
|
|
FLG
512
Flagstar Financial, Inc.
FLG
$5.39B
| $23.5M | 0.04% |
425,992
+5,867
| +1% | +$324K |
|
513
International Flavors & Fragrances
IFF
$16.9B
| $23.5M | 0.04% |
214,800
+4,800
| +2% | +$525K |
|
514
UDR
UDR
$13B
| $23.4M | 0.04% |
732,082
+37,700
| +5% | +$1.21M |
|
515
Synopsys
SNPS
$111B
| $23.4M | 0.04% |
462,660
+27,200
| +6% | +$1.38M |
|
|
AMTD
516
DELISTED
TD Ameritrade Holding Corp
AMTD
| $23.4M | 0.04% |
635,900
-383,713
| -38% | -$14.1M |
|
|
HCC
517
DELISTED
HCC INSURANCES HOLDINGS INC
HCC
| $23.4M | 0.04% |
304,475
+3,995
| +1% | +$307K |
|
|
ANSS
518
DELISTED
Ansys
ANSS
| $23.3M | 0.04% |
255,100
-47,900
| -16% | -$4.37M |
|
519
Reinsurance Group of America
RGA
$12.8B
| $23.2M | 0.03% |
244,400
-27,500
| -10% | -$2.61M |
|
520
Polaris
PII
$3.33B
| $23.1M | 0.03% |
156,100
-14,313
| -8% | -$2.12M |
|
521
ManpowerGroup
MAN
$1.91B
| $23M | 0.03% |
257,450
-600
| -0.2% | -$53.6K |
|
522
TripAdvisor
TRIP
$2.05B
| $23M | 0.03% |
263,900
-19,075
| -7% | -$1.66M |
|
|
CHK
523
DELISTED
Chesapeake Energy Corporation
CHK
| $22.9M | 0.03% |
10,269
-1,240
| -11% | -$2.77M |
|
524
Citizens Financial Group
CFG
$22.3B
| $22.9M | 0.03% |
+838,400
| New | +$22.9M |
|
|
MWV
525
DELISTED
MEADWESTVACO CORP
MWV
| $22.8M | 0.03% |
483,884
-13,800
| -3% | -$651K |
|