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 | |
|---|---|---|---|---|---|---|
651
UGI
UGI
$7.37B
| $17.1M | 0.03% |
497,052
+69,400
| +16% | +$2.39M |
|
652
Garmin
GRMN
$46.1B
| $17.1M | 0.03% |
388,700
-34,200
| -8% | -$1.5M |
|
653
Madison Square Garden
MSGS
$4.88B
| $17M | 0.03% |
284,839
+22,292
| +8% | +$1.33M |
|
|
BEAV
654
DELISTED
B/E Aerospace Inc
BEAV
| $16.9M | 0.03% |
307,900
+111,100
| +56% | +$6.1M |
|
655
ON Semiconductor
ON
$20B
| $16.9M | 0.03% |
1,444,800
-2,572,226
| -64% | -$30.1M |
|
656
Packaging Corp of America
PKG
$19.4B
| $16.7M | 0.03% |
267,753
-98,893
| -27% | -$6.18M |
|
657
Dentsply Sirona
XRAY
$2.83B
| $16.7M | 0.03% |
323,600
+100
| +0% | +$5.16K |
|
658
Albemarle
ALB
$9.65B
| $16.7M | 0.03% |
301,550
-3,595
| -1% | -$199K |
|
|
HNT
659
DELISTED
HEALTH NET INC
HNT
| $16.6M | 0.03% |
259,500
-87,800
| -25% | -$5.63M |
|
660
Ingredion
INGR
$8.22B
| $16.5M | 0.02% |
207,000
+10,000
| +5% | +$798K |
|
|
PDCO
661
DELISTED
Patterson Companies, Inc.
PDCO
| $16.5M | 0.02% |
338,818
+18,900
| +6% | +$919K |
|
662
Ionis Pharmaceuticals
IONS
$9.72B
| $16.4M | 0.02% |
285,300
+28,500
| +11% | +$1.64M |
|
|
DNB
663
DELISTED
Dun & Bradstreet
DNB
| $16.4M | 0.02% |
134,573
+3,100
| +2% | +$378K |
|
|
PNRA
664
DELISTED
Panera Bread Co
PNRA
| $16.4M | 0.02% |
93,900
+58,400
| +165% | +$10.2M |
|
|
DNY
665
DELISTED
DONNELLEY R R & SONS CO
DNY
| $16.4M | 0.02% |
938,778
-71,512
| -7% | -$1.25M |
|
666
AGCO
AGCO
$8.23B
| $16.4M | 0.02% |
287,963
-4,300
| -1% | -$244K |
|
667
Genworth Financial
GNW
$3.53B
| $16.3M | 0.02% |
2,158,600
-1,067,769
| -33% | -$8.08M |
|
|
FTR
668
DELISTED
Frontier Communications Corp.
FTR
| $16.3M | 0.02% |
219,678
-140,365
| -39% | -$10.4M |
|
669
Flowserve
FLS
$7.28B
| $16.3M | 0.02% |
309,463
-153,176
| -33% | -$8.07M |
|
670
Mid-America Apartment Communities
MAA
$16.9B
| $16.3M | 0.02% |
223,542
+4,800
| +2% | +$349K |
|
671
Lazard
LAZ
$5.3B
| $16.2M | 0.02% |
288,200
-80,500
| -22% | -$4.53M |
|
672
Toll Brothers
TOL
$14.3B
| $16.1M | 0.02% |
422,700
+34,961
| +9% | +$1.34M |
|
673
Hain Celestial
HAIN
$168M
| $16.1M | 0.02% |
244,786
+41,800
| +21% | +$2.75M |
|
|
CVC
674
DELISTED
CABLEVISION SYS CP NY GRP CL-A
CVC
| $16.1M | 0.02% |
672,781
-613,735
| -48% | -$14.7M |
|
|
ARG
675
DELISTED
AIRGAS INC
ARG
| $16M | 0.02% |
151,715
-14,862
| -9% | -$1.57M |
|