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 | |
|---|---|---|---|---|---|---|
701
Pitney Bowes
PBI
$1.95B
| $14.9M | 0.02% |
713,912
-47,500
| -6% | -$989K |
|
|
AIV
702
Aimco
AIV
$1.08B
| $14.8M | 0.02% |
3,018,283
-1,708,481
| -36% | -$8.41M |
|
703
Jacobs Solutions
J
$17.2B
| $14.8M | 0.02% |
441,580
+13,299
| +3% | +$447K |
|
704
Pinnacle Financial Partners
PNFP
$7.6B
| $14.7M | 0.02% |
271,100
-18,904
| -7% | -$1.03M |
|
705
IAC Inc
IAC
$2.86B
| $14.7M | 0.02% |
1,035,150
-84,250
| -8% | -$1.2M |
|
|
HDS
706
DELISTED
HD Supply Holdings, Inc.
HDS
| $14.7M | 0.02% |
418,400
+311,300
| +291% | +$11M |
|
707
Allegion
ALLE
$14.7B
| $14.6M | 0.02% |
242,966
-10,584
| -4% | -$637K |
|
708
Jabil
JBL
$23B
| $14.6M | 0.02% |
685,915
-146,900
| -18% | -$3.13M |
|
709
Jack Henry & Associates
JKHY
$11.6B
| $14.6M | 0.02% |
225,528
+8,500
| +4% | +$550K |
|
710
Liberty Media Series C
FWONK
$24.7B
| $14.6M | 0.02% |
573,305
-223,990
| -28% | -$5.69M |
|
711
Graham Holdings Company
GHC
$4.93B
| $14.5M | 0.02% |
22,392
-14,730
| -40% | -$9.57M |
|
712
Regency Centers
REG
$13.1B
| $14.5M | 0.02% |
245,194
+14,500
| +6% | +$855K |
|
713
Live Nation Entertainment
LYV
$39.6B
| $14.4M | 0.02% |
524,840
-497,106
| -49% | -$13.7M |
|
|
WCG
714
DELISTED
Wellcare Health Plans, Inc.
WCG
| $14.4M | 0.02% |
170,046
-6,404
| -4% | -$543K |
|
715
Service Corp International
SCI
$11B
| $14.3M | 0.02% |
487,425
-286,900
| -37% | -$8.44M |
|
716
AMC Networks
AMCX
$322M
| $14.3M | 0.02% |
175,200
+26,000
| +17% | +$2.13M |
|
|
GAS
717
DELISTED
AGL RESOURCES INC (HOLDING CO)
GAS
| $14.3M | 0.02% |
307,815
-42,400
| -12% | -$1.97M |
|
718
ODP
ODP
$625M
| $14.3M | 0.02% |
165,460
-93,960
| -36% | -$8.14M |
|
|
FLIR
719
DELISTED
FLIR Systems, Inc. (DE) Common Stock
FLIR
| $14.3M | 0.02% |
463,379
+5,500
| +1% | +$170K |
|
720
Steel Dynamics
STLD
$19.4B
| $14.2M | 0.02% |
686,900
-404,400
| -37% | -$8.38M |
|
721
Delek US
DK
$1.82B
| $14.2M | 0.02% |
386,400
-4,017
| -1% | -$148K |
|
722
NCR Voyix
VYX
$1.75B
| $14.2M | 0.02% |
766,568
-125,257
| -14% | -$2.31M |
|
723
News Corp Class A
NWSA
$16.2B
| $14.1M | 0.02% |
967,100
-1,501,854
| -61% | -$21.9M |
|
|
STRZA
724
DELISTED
Starz - Series A
STRZA
| $14.1M | 0.02% |
315,000
+4,177
| +1% | +$187K |
|
|
INFA
725
DELISTED
INFORMATICA CORP
INFA
| $14.1M | 0.02% |
290,600
+39,800
| +16% | +$1.93M |
|