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 |
Kraft Heinz
KHC
|
+$103M |
| 2 |
NETSCOUT
NTCT
|
+$102M |
| 3 |
PayPal
PYPL
|
+$87.9M |
| 4 |
AT&T
T
|
+$53.9M |
| 5 |
Alibaba
BABA
|
+$49.9M |
Top Sells
| 1 |
Alphabet (Google) Class C
GOOG
|
+$798M |
| 2 |
DTV
DIRECTV COM STK (DE)
DTV
|
+$134M |
| 3 |
KRFT
KRAFT FOODS GROUP INC COM STK (VA)
KRFT
|
+$129M |
| 4 |
eBay
EBAY
|
+$105M |
| 5 |
Apple
AAPL
|
+$56.2M |
Sector Composition
| 1 | Financials | 16.47% |
| 2 | Technology | 14.3% |
| 3 | Healthcare | 14.2% |
| 4 | Industrials | 10.8% |
| 5 | Consumer Discretionary | 9.87% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
651
NewMarket
NEU
$7.86B
| $14.8M | 0.03% |
41,500
-7,200
| -15% | -$2.57M |
|
652
Raymond James Financial
RJF
$33.2B
| $14.8M | 0.03% |
447,783
-25,350
| -5% | -$839K |
|
653
Kilroy Realty
KRC
$4.98B
| $14.7M | 0.03% |
226,179
+1,500
| +0.7% | +$97.7K |
|
654
Essential Utilities
WTRG
$10.6B
| $14.7M | 0.03% |
555,350
+2,200
| +0.4% | +$58.2K |
|
655
Jefferies Financial Group
JEF
$13.5B
| $14.7M | 0.02% |
808,466
-23,906
| -3% | -$434K |
|
|
PDCO
656
DELISTED
Patterson Companies, Inc.
PDCO
| $14.6M | 0.02% |
338,618
-200
| -0.1% | -$8.65K |
|
657
Jabil
JBL
$23.2B
| $14.6M | 0.02% |
654,315
-31,600
| -5% | -$707K |
|
658
Oneok
OKE
$46.2B
| $14.6M | 0.02% |
453,600
| – | – |
|
659
Sensata Technologies
ST
$4.59B
| $14.6M | 0.02% |
329,400
-63,400
| -16% | -$2.81M |
|
660
TEGNA Inc
TGNA
$3.37B
| $14.5M | 0.02% |
1,010,469
-72,500
| -7% | -$1.04M |
|
|
MWE
661
DELISTED
MARKWEST ENERGY PARTNERS, LP
MWE
| $14.5M | 0.02% |
336,760
| – | – |
|
662
UGI
UGI
$7.38B
| $14.4M | 0.02% |
413,603
-83,449
| -17% | -$2.91M |
|
663
Wolfspeed
WOLF
$230M
| $14.4M | 0.02% |
592,756
+253,600
| +75% | +$6.14M |
|
|
WCG
664
DELISTED
Wellcare Health Plans, Inc.
WCG
| $14.3M | 0.02% |
165,646
-4,400
| -3% | -$379K |
|
|
MSGN
665
DELISTED
MSG Networks Inc.
MSGN
| $14.3M | 0.02% |
+654,541
| New | +$14.3M |
|
|
CPN
666
DELISTED
Calpine Corporation
CPN
| $14.2M | 0.02% |
975,240
-45,000
| -4% | -$657K |
|
|
CPGX
667
DELISTED
COLUMBIA PIPELINE GROUP IN COM STK (DE)
CPGX
| $14.2M | 0.02% |
+778,175
| New | +$14.2M |
|
|
ENH
668
DELISTED
Endurance Specialty Holdings Ltd
ENH
| $14.1M | 0.02% |
231,418
+67,042
| +41% | +$4.09M |
|
669
Old Dominion Freight Line
ODFL
$30.7B
| $14.1M | 0.02% |
692,028
-99,300
| -13% | -$2.02M |
|
670
OGE Energy
OGE
$8.85B
| $14M | 0.02% |
512,100
-20,800
| -4% | -$569K |
|
671
Fortinet
FTNT
$60.9B
| $13.9M | 0.02% |
1,638,000
-1,500
| -0.1% | -$12.7K |
|
|
BRCD
672
DELISTED
Brocade Communications Systems, Inc. NEW
BRCD
| $13.9M | 0.02% |
1,339,848
-146,800
| -10% | -$1.52M |
|
|
HUB.B
673
DELISTED
HUBBELL INC CL-B
HUB.B
| $13.9M | 0.02% |
163,401
-4,900
| -3% | -$416K |
|
674
Pinnacle Financial Partners
PNFP
$7.58B
| $13.8M | 0.02% |
279,400
+8,300
| +3% | +$410K |
|
675
Garmin
GRMN
$45.4B
| $13.8M | 0.02% |
384,000
-4,700
| -1% | -$169K |
|