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 | |
|---|---|---|---|---|---|---|
651
Jacobs Solutions
J
$17.3B
| $18.6M | 0.03% |
461,649
+14,145
| +3% | +$571K |
|
652
Pultegroup
PHM
$26.7B
| $18.6M | 0.03% |
1,052,388
+3,457
| +0.3% | +$61.1K |
|
653
Arthur J. Gallagher & Co
AJG
$75.5B
| $18.6M | 0.03% |
409,100
-7,900
| -2% | -$358K |
|
654
RPM International
RPM
$16B
| $18.5M | 0.03% |
404,379
+32,533
| +9% | +$1.49M |
|
655
Tenet Healthcare
THC
$16.8B
| $18.5M | 0.03% |
311,260
-6,600
| -2% | -$392K |
|
656
Arrow Electronics
ARW
$6.5B
| $18.5M | 0.03% |
333,465
-1,300
| -0.4% | -$72K |
|
657
lululemon athletica
LULU
$19.5B
| $18.4M | 0.03% |
436,983
+187,283
| +75% | +$7.87M |
|
658
Lincoln Electric
LECO
$13.3B
| $18.3M | 0.03% |
265,200
+3,600
| +1% | +$249K |
|
|
PL
659
DELISTED
PROTECTIVE LIFE CORP
PL
| $18.3M | 0.03% |
263,628
-17,700
| -6% | -$1.23M |
|
660
Vale
VALE
$44.7B
| $18.2M | 0.03% |
1,654,397
-592,600
| -26% | -$6.52M |
|
|
FRC
661
DELISTED
First Republic Bank
FRC
| $18.2M | 0.03% |
368,200
-23,300
| -6% | -$1.15M |
|
662
UDR
UDR
$12.7B
| $18.1M | 0.03% |
665,782
-13,800
| -2% | -$376K |
|
|
TEG
663
DELISTED
INTEGRYS ENERGY GROUP INC COM (USA)
TEG
| $17.9M | 0.02% |
276,157
-30,500
| -10% | -$1.98M |
|
664
Leggett & Platt
LEG
$1.33B
| $17.9M | 0.02% |
512,482
-2,200
| -0.4% | -$76.8K |
|
|
NBIS
665
Nebius Group N.V. Class A Ordinary Shares
NBIS
$22.1B
| $17.9M | 0.02% |
643,500
| – | – |
|
|
DST
666
DELISTED
DST Systems Inc.
DST
| $17.9M | 0.02% |
425,586
+800
| +0.2% | +$33.6K |
|
667
Teradata
TDC
$1.99B
| $17.8M | 0.02% |
424,700
+2,700
| +0.6% | +$113K |
|
|
Y
668
DELISTED
Alleghany Corporation
Y
| $17.8M | 0.02% |
42,500
-100
| -0.2% | -$41.8K |
|
669
Jefferies Financial Group
JEF
$13.5B
| $17.7M | 0.02% |
831,714
-1,832
| -0.2% | -$39.1K |
|
670
ManpowerGroup
MAN
$1.76B
| $17.7M | 0.02% |
253,050
-2,100
| -0.8% | -$147K |
|
671
Lennar Class A
LEN
$35.4B
| $17.7M | 0.02% |
479,619
-55,680
| -10% | -$2.06M |
|
|
WPZ
672
DELISTED
Williams Partners L.P.
WPZ
| $17.7M | 0.02% |
295,317
+425
| +0.1% | +$25.5K |
|
673
Equinix
EQIX
$76.7B
| $17.5M | 0.02% |
82,566
-4,100
| -5% | -$871K |
|
674
CNO Financial Group
CNO
$3.81B
| $17.5M | 0.02% |
1,033,646
-56,800
| -5% | -$963K |
|
675
Synopsys
SNPS
$72B
| $17.4M | 0.02% |
438,560
-3,100
| -0.7% | -$123K |
|