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 | 10.77% |
| 5 | Consumer Discretionary | 9.3% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
626
East-West Bancorp
EWBC
$15.1B
| $18.1M | 0.03% |
402,798
+4,127
| +1% | +$185K |
|
627
Pultegroup
PHM
$27.9B
| $18M | 0.03% |
895,500
-365,051
| -29% | -$7.36M |
|
|
CMCSK
628
DELISTED
COMCAST CORP SPL A (NEW)
CMCSK
| $18M | 0.03% |
300,242
-3,600
| -1% | -$216K |
|
629
IDEX
IEX
$12.4B
| $18M | 0.03% |
228,800
-43,700
| -16% | -$3.43M |
|
630
Oneok
OKE
$44.9B
| $17.9M | 0.03% |
453,600
+31,492
| +7% | +$1.24M |
|
631
Teleflex
TFX
$5.75B
| $17.8M | 0.03% |
131,100
+14,700
| +13% | +$1.99M |
|
|
CY
632
DELISTED
Cypress Semiconductor
CY
| $17.7M | 0.03% |
1,505,375
+1,043,875
| +226% | +$12.3M |
|
|
BRCD
633
DELISTED
Brocade Communications Systems, Inc. NEW
BRCD
| $17.7M | 0.03% |
1,486,648
-915,900
| -38% | -$10.9M |
|
634
Factset
FDS
$14.2B
| $17.6M | 0.03% |
108,567
+13,100
| +14% | +$2.13M |
|
635
Omega Healthcare
OHI
$12.8B
| $17.6M | 0.03% |
513,911
+150,592
| +41% | +$5.17M |
|
|
WLL
636
DELISTED
Whiting Petroleum Corporation
WLL
| $17.6M | 0.03% |
1,749
+199
| +13% | +$2.01M |
|
|
SCG
637
DELISTED
Scana
SCG
| $17.6M | 0.03% |
347,100
+104,969
| +43% | +$5.32M |
|
638
Avnet
AVT
$4.45B
| $17.5M | 0.03% |
426,100
-851,412
| -67% | -$35M |
|
639
Alnylam Pharmaceuticals
ALNY
$59.6B
| $17.5M | 0.03% |
146,000
+47,048
| +48% | +$5.64M |
|
640
W.R. Berkley
WRB
$27.5B
| $17.4M | 0.03% |
1,133,733
-484,364
| -30% | -$7.45M |
|
641
Huntington Ingalls Industries
HII
$10.6B
| $17.4M | 0.03% |
154,500
-55,100
| -26% | -$6.2M |
|
642
Camden Property Trust
CPT
$11.9B
| $17.4M | 0.03% |
233,781
+23,200
| +11% | +$1.72M |
|
643
Brookfield Infrastructure Partners
BIP
$14.4B
| $17.4M | 0.03% |
980,280
+67,284
| +7% | +$1.19M |
|
644
American Financial Group
AFG
$11.5B
| $17.3M | 0.03% |
266,658
-93,400
| -26% | -$6.07M |
|
645
lululemon athletica
LULU
$19.9B
| $17.3M | 0.03% |
265,000
-103,984
| -28% | -$6.79M |
|
646
Trimble
TRMB
$19.3B
| $17.2M | 0.03% |
735,200
-22,282
| -3% | -$523K |
|
647
Broadridge
BR
$29.7B
| $17.2M | 0.03% |
344,825
+29,400
| +9% | +$1.47M |
|
|
NFX
648
DELISTED
Newfield Exploration
NFX
| $17.2M | 0.03% |
475,432
-38,300
| -7% | -$1.38M |
|
|
AKRX
649
DELISTED
Akorn, Inc.
AKRX
| $17.1M | 0.03% |
392,685
+28,800
| +8% | +$1.26M |
|
|
ULTI
650
DELISTED
Ultimate Software Group Inc
ULTI
| $17.1M | 0.03% |
104,200
-1,681
| -2% | -$276K |
|