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 |
Kinder Morgan
KMI
|
+$115M |
| 2 |
Enterprise Products Partners
EPD
|
+$52.3M |
| 3 |
Teva Pharmaceuticals
TEVA
|
+$41.2M |
| 4 |
Alibaba
BABA
|
+$36.6M |
| 5 |
Annaly Capital Management
NLY
|
+$27.7M |
Top Sells
| 1 |
Apple
AAPL
|
+$207M |
| 2 |
Medtronic
MDT
|
+$167M |
| 3 |
COV
COVIDIEN PLC COM SHS NEW (IRELAND)
COV
|
+$114M |
| 4 |
SPDR S&P Emerging Markets Small Cap ETF
EWX
|
+$77.1M |
| 5 |
Alphabet (Google) Class C
GOOG
|
+$72.9M |
Sector Composition
| 1 | Financials | 15.53% |
| 2 | Technology | 14.16% |
| 3 | Healthcare | 13.55% |
| 4 | Industrials | 10.94% |
| 5 | Consumer Discretionary | 8.81% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
ESV
676
DELISTED
Ensco Rowan plc
ESV
| $17.1M | 0.02% |
147,625
-2,427
| -2% | -$281K |
|
677
Raymond James Financial
RJF
$33.2B
| $17.1M | 0.02% |
477,633
-1,200
| -0.3% | -$42.9K |
|
678
Jabil
JBL
$23.2B
| $17M | 0.02% |
832,815
+256,600
| +45% | +$5.25M |
|
|
CMCSK
679
DELISTED
COMCAST CORP SPL A (NEW)
CMCSK
| $17M | 0.02% |
303,842
+22,100
| +8% | +$1.24M |
|
680
Hasbro
HAS
$10.9B
| $17M | 0.02% |
311,687
+66,700
| +27% | +$3.65M |
|
681
Camden Property Trust
CPT
$11.6B
| $17M | 0.02% |
210,581
+4,800
| +2% | +$388K |
|
|
X
682
DELISTED
US Steel
X
| $17M | 0.02% |
798,619
-314,539
| -28% | -$6.69M |
|
683
Charles River Laboratories
CRL
$7.54B
| $16.9M | 0.02% |
241,236
-12,840
| -5% | -$901K |
|
684
Ingredion
INGR
$8.08B
| $16.8M | 0.02% |
197,000
+1,900
| +1% | +$162K |
|
|
RAD
685
DELISTED
Rite Aid Corporation
RAD
| $16.8M | 0.02% |
110,984
-42,565
| -28% | -$6.45M |
|
|
SIRO
686
DELISTED
SIRONA DENTAL SYSTEMS INC COM STK
SIRO
| $16.8M | 0.02% |
181,928
+5,100
| +3% | +$471K |
|
|
LXK
687
DELISTED
Lexmark Intl Inc
LXK
| $16.7M | 0.02% |
409,774
-132,000
| -24% | -$5.39M |
|
688
Avery Dennison
AVY
$12.8B
| $16.7M | 0.02% |
319,537
-19,400
| -6% | -$1.02M |
|
689
Lennox International
LII
$19.6B
| $16.7M | 0.02% |
168,500
-27,500
| -14% | -$2.73M |
|
690
Petrobras Class A
PBR.A
$75.5B
| $16.6M | 0.02% |
2,116,557
+373,645
| +21% | +$2.94M |
|
|
AVP
691
DELISTED
Avon Products, Inc.
AVP
| $16.6M | 0.02% |
2,096,961
+323,683
| +18% | +$2.56M |
|
692
Anywhere Real Estate
HOUS
$699M
| $16.6M | 0.02% |
352,500
| – | – |
|
|
DRC
693
DELISTED
DRESSER-RAND GROUP INC
DRC
| $16.6M | 0.02% |
204,300
+700
| +0.3% | +$56.8K |
|
694
Lennar Class A
LEN
$35.4B
| $16.6M | 0.02% |
387,363
-92,256
| -19% | -$3.95M |
|
|
TCO
695
DELISTED
Taubman Centers Inc.
TCO
| $16.5M | 0.02% |
197,299
+16,500
| +9% | +$1.38M |
|
696
Oil States International
OIS
$341M
| $16.5M | 0.02% |
383,289
+251,572
| +191% | +$10.8M |
|
|
DNY
697
DELISTED
DONNELLEY R R & SONS CO
DNY
| $16.5M | 0.02% |
1,010,290
-233,220
| -19% | -$3.81M |
|
698
Keysight
KEYS
$29.3B
| $16.5M | 0.02% |
+488,561
| New | +$16.5M |
|
699
Herbalife
HLF
$958M
| $16.4M | 0.02% |
1,047,950
+400,300
| +62% | +$6.28M |
|
700
RPM International
RPM
$16B
| $16.4M | 0.02% |
348,031
-56,348
| -14% | -$2.66M |
|