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 | |
|---|---|---|---|---|---|---|
|
SCG
726
DELISTED
Scana
SCG
| $15.6M | 0.02% |
242,131
+2,320
| +1% | +$149K |
|
727
Darden Restaurants
DRI
$24.8B
| $15.6M | 0.02% |
284,087
-12,305
| -4% | -$675K |
|
728
Hawaiian Electric Industries
HE
$2.09B
| $15.6M | 0.02% |
454,295
-7,272
| -2% | -$250K |
|
729
Assurant
AIZ
$10.6B
| $15.5M | 0.02% |
237,901
-199,375
| -46% | -$13M |
|
730
Philip Morris
PM
$262B
| $15.5M | 0.02% |
189,359
-117,601
| -38% | -$9.6M |
|
731
CNO Financial Group
CNO
$3.81B
| $15.4M | 0.02% |
976,701
-56,945
| -6% | -$900K |
|
732
Essential Utilities
WTRG
$10.5B
| $15.4M | 0.02% |
556,250
+3,300
| +0.6% | +$91.4K |
|
|
SAVE
733
DELISTED
Spirit Airlines, Inc.
SAVE
| $15.4M | 0.02% |
195,200
-52,480
| -21% | -$4.14M |
|
734
Copart
CPRT
$46.8B
| $15.4M | 0.02% |
3,340,000
+808,800
| +32% | +$3.72M |
|
|
WPZ
735
DELISTED
Williams Partners L.P.
WPZ
| $15.4M | 0.02% |
308,155
+12,838
| +4% | +$640K |
|
736
Brookfield Infrastructure Partners
BIP
$14.4B
| $15.4M | 0.02% |
912,996
-3,024
| -0.3% | -$50.9K |
|
|
DNB
737
DELISTED
Dun & Bradstreet
DNB
| $15.3M | 0.02% |
131,473
+200
| +0.2% | +$23.3K |
|
738
Broadridge
BR
$29.7B
| $15.2M | 0.02% |
315,425
+15,300
| +5% | +$737K |
|
|
TSS
739
DELISTED
Total System Services, Inc.
TSS
| $15.1M | 0.02% |
442,420
-15,100
| -3% | -$517K |
|
|
ARRS
740
DELISTED
ARRIS International plc Ordinary Shares
ARRS
| $15M | 0.02% |
553,700
+15,665
| +3% | +$424K |
|
741
East-West Bancorp
EWBC
$14.9B
| $15M | 0.02% |
398,671
-77,778
| -16% | -$2.92M |
|
|
WWAV
742
DELISTED
The WhiteWave Foods Company
WWAV
| $14.9M | 0.02% |
445,800
-3,500
| -0.8% | -$117K |
|
743
Ryder
R
$7.68B
| $14.9M | 0.02% |
165,977
+7,100
| +4% | +$639K |
|
744
Dorian LPG
LPG
$1.31B
| $14.9M | 0.02% |
+1,258,100
| New | +$14.9M |
|
|
NFX
745
DELISTED
Newfield Exploration
NFX
| $14.8M | 0.02% |
513,732
-8,300
| -2% | -$239K |
|
746
AutoNation
AN
$8.58B
| $14.8M | 0.02% |
247,100
+84,600
| +52% | +$5.06M |
|
747
Ericsson
ERIC
$26.7B
| $14.8M | 0.02% |
+1,216,580
| New | +$14.8M |
|
748
RLJ Lodging Trust
RLJ
$1.16B
| $14.7M | 0.02% |
411,130
+39,400
| +11% | +$1.41M |
|
749
Toro Company
TTC
$7.79B
| $14.7M | 0.02% |
440,200
+21,200
| +5% | +$706K |
|
|
CLR
750
DELISTED
CONTINENTAL RESOURCES INC.
CLR
| $14.6M | 0.02% |
318,644
-24,862
| -7% | -$1.14M |
|