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 | |
|---|---|---|---|---|---|---|
|
LLTC
601
DELISTED
Linear Technology Corp
LLTC
| $20.5M | 0.03% |
461,900
-100,200
| -18% | -$4.45M |
|
602
Crown Holdings
CCK
$10.9B
| $20.5M | 0.03% |
460,134
+55,200
| +14% | +$2.46M |
|
|
DNY
603
DELISTED
DONNELLEY R R & SONS CO
DNY
| $20.5M | 0.03% |
1,243,510
+257,980
| +26% | +$4.25M |
|
604
Willis Towers Watson
WTW
$32.1B
| $20.5M | 0.03% |
186,565
+24,198
| +15% | +$2.65M |
|
605
Xylem
XYL
$34.1B
| $20.4M | 0.03% |
574,100
-13,900
| -2% | -$493K |
|
606
NCR Voyix
VYX
$1.79B
| $20.4M | 0.03% |
993,992
+121,272
| +14% | +$2.49M |
|
607
SPX Corp
SPXC
$9.34B
| $20.4M | 0.03% |
860,559
-11,743
| -1% | -$278K |
|
608
Wabtec
WAB
$32.6B
| $20.3M | 0.03% |
250,736
| – | – |
|
609
Align Technology
ALGN
$9.85B
| $20.3M | 0.03% |
392,190
+42,400
| +12% | +$2.19M |
|
610
Fidelity National Financial
FNF
$16.4B
| $20.2M | 0.03% |
1,050,952
-114,557
| -10% | -$2.21M |
|
611
Dillards
DDS
$9.03B
| $20.1M | 0.03% |
184,700
-33,768
| -15% | -$3.68M |
|
|
BIG
612
DELISTED
Big Lots, Inc.
BIG
| $20.1M | 0.03% |
467,526
+194,200
| +71% | +$8.36M |
|
613
JB Hunt Transport Services
JBHT
$13.8B
| $20.1M | 0.03% |
270,800
+2,600
| +1% | +$193K |
|
614
GameStop
GME
$10.6B
| $20M | 0.03% |
1,946,176
-575,596
| -23% | -$5.93M |
|
615
Federal Realty Investment Trust
FRT
$8.78B
| $20M | 0.03% |
169,162
-1,800
| -1% | -$213K |
|
|
POM
616
DELISTED
PEPCO HOLDINGS, INC.
POM
| $19.9M | 0.03% |
743,119
-93,300
| -11% | -$2.5M |
|
|
ADT
617
DELISTED
ADT CORP
ADT
| $19.8M | 0.03% |
559,258
-100,696
| -15% | -$3.57M |
|
|
AIV
618
Aimco
AIV
$1.1B
| $19.8M | 0.03% |
4,677,219
+856,526
| +22% | +$3.63M |
|
619
Quanta Services
PWR
$55.6B
| $19.8M | 0.03% |
544,900
-9,700
| -2% | -$352K |
|
620
Arch Capital
ACGL
$33.9B
| $19.8M | 0.03% |
1,083,600
-189,900
| -15% | -$3.46M |
|
|
WDR
621
DELISTED
Waddell & Reed Financial, Inc.
WDR
| $19.7M | 0.03% |
381,926
-900
| -0.2% | -$46.5K |
|
622
Cooper Companies
COO
$13.7B
| $19.7M | 0.03% |
505,216
| – | – |
|
|
FLG
623
Flagstar Financial, Inc.
FLG
$5.35B
| $19.7M | 0.03% |
413,025
-40,534
| -9% | -$1.93M |
|
624
Novo Nordisk
NVO
$241B
| $19.7M | 0.03% |
825,312
+679,804
| +467% | +$16.2M |
|
625
Core Laboratories
CLB
$582M
| $19.6M | 0.03% |
134,126
+6,688
| +5% | +$979K |
|