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 | |
|---|---|---|---|---|---|---|
|
RKT
526
DELISTED
ROCK-TENN COMPANY CL-A
RKT
| $22.8M | 0.03% |
379,094
+16,700
| +5% | +$1.01M |
|
|
RAD
527
DELISTED
Rite Aid Corporation
RAD
| $22.8M | 0.03% |
136,374
+25,390
| +23% | +$4.24M |
|
528
Lennar Class A
LEN
$36.7B
| $22.7M | 0.03% |
467,605
+80,242
| +21% | +$3.9M |
|
|
PAY
529
DELISTED
Verifone Systems Inc
PAY
| $22.7M | 0.03% |
668,900
+386,583
| +137% | +$13.1M |
|
530
Spirit AeroSystems
SPR
$4.8B
| $22.6M | 0.03% |
410,400
-32,800
| -7% | -$1.81M |
|
531
Realty Income
O
$54.2B
| $22.6M | 0.03% |
524,606
+33,540
| +7% | +$1.44M |
|
532
JB Hunt Transport Services
JBHT
$13.9B
| $22.5M | 0.03% |
274,400
+9,200
| +3% | +$755K |
|
533
Herc Holdings
HRI
$4.6B
| $22.3M | 0.03% |
409,533
+7,833
| +2% | +$426K |
|
534
Ralph Lauren
RL
$18.9B
| $22.2M | 0.03% |
168,000
-44,780
| -21% | -$5.93M |
|
535
TEGNA Inc
TGNA
$3.38B
| $22.2M | 0.03% |
1,082,969
-301,183
| -22% | -$6.18M |
|
536
Williams-Sonoma
WSM
$24.7B
| $22.2M | 0.03% |
539,800
-6,200
| -1% | -$255K |
|
537
AXIS Capital
AXS
$7.62B
| $22.2M | 0.03% |
415,545
-484,500
| -54% | -$25.9M |
|
538
Idexx Laboratories
IDXX
$51.4B
| $22.1M | 0.03% |
344,582
+17,700
| +5% | +$1.14M |
|
539
Flex
FLEX
$20.8B
| $22.1M | 0.03% |
2,589,110
-63,298
| -2% | -$539K |
|
540
Alliant Energy
LNT
$16.6B
| $22M | 0.03% |
763,508
-175,200
| -19% | -$5.06M |
|
541
Hormel Foods
HRL
$14.1B
| $22M | 0.03% |
780,600
+10,360
| +1% | +$292K |
|
542
Capri Holdings
CPRI
$2.53B
| $22M | 0.03% |
521,600
+4,700
| +0.9% | +$198K |
|
543
Extra Space Storage
EXR
$31.3B
| $21.8M | 0.03% |
334,814
+16,300
| +5% | +$1.06M |
|
544
NRG Energy
NRG
$28.6B
| $21.8M | 0.03% |
952,057
+13,499
| +1% | +$309K |
|
|
SIVB
545
DELISTED
SVB Financial Group
SIVB
| $21.8M | 0.03% |
151,100
-21,149
| -12% | -$3.04M |
|
546
Campbell Soup
CPB
$10.1B
| $21.8M | 0.03% |
456,500
-91,554
| -17% | -$4.36M |
|
547
H&R Block
HRB
$6.85B
| $21.7M | 0.03% |
733,508
-14,563
| -2% | -$432K |
|
548
Pinnacle West Capital
PNW
$10.6B
| $21.7M | 0.03% |
380,998
-5,500
| -1% | -$313K |
|
549
NewMarket
NEU
$7.64B
| $21.6M | 0.03% |
48,700
+1,140
| +2% | +$506K |
|
550
NVR
NVR
$23.5B
| $21.5M | 0.03% |
16,030
-205
| -1% | -$275K |
|