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 |
Apollo Global Management
APO
|
+$635M |
| 2 |
Verizon
VZ
|
+$198M |
| 3 |
EOG Resources
EOG
|
+$105M |
| 4 |
Perrigo
PRGO
|
+$46M |
| 5 |
Meta Platforms (Facebook)
META
|
+$40.8M |
Top Sells
| 1 |
SPDR S&P Emerging Markets Small Cap ETF
EWX
|
+$55.6M |
| 2 |
LIFE
LIFE TECHNOLOGIES CORP COM STK (DE)
LIFE
|
+$35.3M |
| 3 |
Vodafone
VOD
|
+$31.5M |
| 4 |
Voya Financial
VOYA
|
+$30.5M |
| 5 |
Walmart
WMT
|
+$27.5M |
Sector Composition
| 1 | Financials | 16.29% |
| 2 | Technology | 13.77% |
| 3 | Healthcare | 12.54% |
| 4 | Industrials | 11.09% |
| 5 | Energy | 9.76% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
651
Tenet Healthcare
THC
$16.9B
| $18.7M | 0.03% |
461,560
-72,000
| -13% | -$2.92M |
|
652
Wolfspeed
WOLF
$230M
| $18.7M | 0.03% |
331,216
-19,990
| -6% | -$1.13M |
|
653
Wabtec
WAB
$32.4B
| $18.7M | 0.03% |
255,636
+5,300
| +2% | +$387K |
|
654
Robert Half
RHI
$3.56B
| $18.6M | 0.03% |
443,972
-5,600
| -1% | -$235K |
|
655
Ternium
TX
$6.69B
| $18.5M | 0.03% |
610,734
-51,516
| -8% | -$1.56M |
|
656
Acuity Brands
AYI
$10.1B
| $18.5M | 0.03% |
146,135
-4,650
| -3% | -$590K |
|
|
TW
657
DELISTED
TOWERS WATSON & CO COM STK CL A (DE)
TW
| $18.4M | 0.03% |
166,159
-1,210
| -0.7% | -$134K |
|
658
OGE Energy
OGE
$8.85B
| $18.4M | 0.03% |
511,900
+12,600
| +3% | +$453K |
|
|
PBCT
659
DELISTED
People's United Financial Inc
PBCT
| $18.4M | 0.03% |
1,237,979
+69,600
| +6% | +$1.03M |
|
660
Align Technology
ALGN
$9.64B
| $18.4M | 0.03% |
351,360
+86,930
| +33% | +$4.55M |
|
661
PTC
PTC
$24.5B
| $18.3M | 0.03% |
535,300
| – | – |
|
|
FLIR
662
DELISTED
FLIR Systems, Inc. (DE) Common Stock
FLIR
| $18.3M | 0.03% |
524,649
-157,330
| -23% | -$5.49M |
|
|
UFS
663
DELISTED
DOMTAR CORPORATION (New)
UFS
| $18.3M | 0.03% |
356,742
-21,800
| -6% | -$1.12M |
|
664
Dentsply Sirona
XRAY
$2.73B
| $18.1M | 0.03% |
393,500
+8,900
| +2% | +$410K |
|
665
Ericsson
ERIC
$26.5B
| $18.1M | 0.03% |
1,359,101
-503,331
| -27% | -$6.7M |
|
666
SEI Investments
SEIC
$10.7B
| $18.1M | 0.03% |
572,400
+140,600
| +33% | +$4.44M |
|
|
JOY
667
DELISTED
Joy Global Inc
JOY
| $18.1M | 0.03% |
297,227
-1,400
| -0.5% | -$85.1K |
|
|
SIVB
668
DELISTED
SVB Financial Group
SIVB
| $18.1M | 0.03% |
149,295
-9,132
| -6% | -$1.1M |
|
|
JAH
669
DELISTED
JARDEN CORPORATION
JAH
| $18M | 0.03% |
483,150
-19,379
| -4% | -$724K |
|
|
DNR
670
DELISTED
Denbury Resources, Inc.
DNR
| $18M | 0.03% |
1,058,498
+14,600
| +1% | +$249K |
|
671
Iron Mountain
IRM
$28.8B
| $18M | 0.03% |
710,362
+30,786
| +5% | +$781K |
|
672
Waste Connections
WCN
$45.3B
| $18M | 0.03% |
619,005
+26,850
| +5% | +$779K |
|
|
IM
673
DELISTED
Ingram Micro
IM
| $17.9M | 0.03% |
597,951
+16,100
| +3% | +$481K |
|
674
Reinsurance Group of America
RGA
$12.7B
| $17.8M | 0.03% |
231,100
-8,700
| -4% | -$671K |
|
|
BPL
675
DELISTED
Buckeye Partners, L.P.
BPL
| $17.7M | 0.03% |
231,700
-4,100
| -2% | -$313K |
|