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 | |
|---|---|---|---|---|---|---|
|
BPL
576
DELISTED
Buckeye Partners, L.P.
BPL
| $21.7M | 0.03% |
272,500
+48,400
| +22% | +$3.85M |
|
577
CNX Resources
CNX
$4.15B
| $21.7M | 0.03% |
687,415
-32,760
| -5% | -$1.03M |
|
578
TEGNA Inc
TGNA
$3.38B
| $21.7M | 0.03% |
1,396,769
-37,848
| -3% | -$587K |
|
579
Autoliv
ALV
$9.57B
| $21.7M | 0.03% |
326,914
+555
| +0.2% | +$36.8K |
|
580
Garmin
GRMN
$45.8B
| $21.6M | 0.03% |
415,600
-4,000
| -1% | -$208K |
|
581
Robert Half
RHI
$3.57B
| $21.6M | 0.03% |
440,772
+3,200
| +0.7% | +$157K |
|
582
Tractor Supply
TSCO
$31B
| $21.6M | 0.03% |
1,754,500
+25,000
| +1% | +$308K |
|
583
BioMarin Pharmaceuticals
BMRN
$10.6B
| $21.6M | 0.03% |
298,900
-23,400
| -7% | -$1.69M |
|
584
MGM Resorts International
MGM
$9.83B
| $21.5M | 0.03% |
941,745
+32,800
| +4% | +$747K |
|
585
Domino's
DPZ
$15.2B
| $21.4M | 0.03% |
278,202
-7,176
| -3% | -$552K |
|
586
Brinker International
EAT
$6.72B
| $21.4M | 0.03% |
421,010
-50,160
| -11% | -$2.55M |
|
587
Markel Group
MKL
$24.4B
| $21.2M | 0.03% |
33,366
+900
| +3% | +$573K |
|
588
Southern Copper
SCCO
$82.2B
| $21.2M | 0.03% |
750,282
-940
| -0.1% | -$26.5K |
|
589
RenaissanceRe
RNR
$11.2B
| $21.1M | 0.03% |
210,801
-15,900
| -7% | -$1.59M |
|
590
FMC
FMC
$4.63B
| $21.1M | 0.03% |
424,765
-461
| -0.1% | -$22.9K |
|
|
EEP
591
DELISTED
Enbridge Energy Partners
EEP
| $21.1M | 0.03% |
542,239
-1,400
| -0.3% | -$54.4K |
|
592
Reinsurance Group of America
RGA
$12.6B
| $21.1M | 0.03% |
262,800
+33,400
| +15% | +$2.68M |
|
593
Trip.com Group
TCOM
$47.3B
| $20.8M | 0.03% |
732,800
| – | – |
|
594
Church & Dwight Co
CHD
$22.6B
| $20.8M | 0.03% |
592,658
-47,200
| -7% | -$1.66M |
|
595
Flex
FLEX
$21.6B
| $20.8M | 0.03% |
2,669,526
+7,962
| +0.3% | +$61.9K |
|
596
Pinnacle West Capital
PNW
$10.5B
| $20.7M | 0.03% |
379,498
+16,000
| +4% | +$874K |
|
597
American Financial Group
AFG
$11.4B
| $20.7M | 0.03% |
357,358
-47,100
| -12% | -$2.73M |
|
598
NewMarket
NEU
$7.84B
| $20.7M | 0.03% |
54,260
+200
| +0.4% | +$76.2K |
|
599
NVR
NVR
$22.9B
| $20.6M | 0.03% |
18,230
-3,700
| -17% | -$4.18M |
|
600
Gartner
IT
$17.6B
| $20.5M | 0.03% |
279,287
| – | – |
|