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 | |
|---|---|---|---|---|---|---|
|
GXP
751
DELISTED
Great Plains Energy Incorporated
GXP
| $14.6M | 0.02% |
487,152
+4,700
| +1% | +$141K |
|
752
Quanta Services
PWR
$58.1B
| $14.5M | 0.02% |
531,600
-13,300
| -2% | -$363K |
|
753
Compañía de Minas Buenaventura
BVN
$5.09B
| $14.5M | 0.02% |
1,236,931
-415,500
| -25% | -$4.88M |
|
754
JetBlue
JBLU
$1.85B
| $14.4M | 0.02% |
889,090
-136,799
| -13% | -$2.22M |
|
|
BMR
755
DELISTED
BIOMED REALTY TRUST INC
BMR
| $14.4M | 0.02% |
577,794
+122,700
| +27% | +$3.06M |
|
756
News Corp Class B
NWS
$17.8B
| $14.4M | 0.02% |
965,350
+20,000
| +2% | +$298K |
|
757
NCR Voyix
VYX
$1.73B
| $14.3M | 0.02% |
891,825
-102,167
| -10% | -$1.64M |
|
758
Community Health Systems
CYH
$409M
| $14.3M | 0.02% |
352,037
+72,479
| +26% | +$2.95M |
|
|
FLIR
759
DELISTED
FLIR Systems, Inc. (DE) Common Stock
FLIR
| $14.3M | 0.02% |
457,879
+16,000
| +4% | +$501K |
|
|
WLL
760
DELISTED
Whiting Petroleum Corporation
WLL
| $14.3M | 0.02% |
1,550
+228
| +17% | +$2.1M |
|
|
WRI
761
DELISTED
Weingarten Realty Investors
WRI
| $14.3M | 0.02% |
375,873
+43,700
| +13% | +$1.66M |
|
762
Howard Hughes
HHH
$4.68B
| $14.2M | 0.02% |
116,716
+3,958
| +4% | +$483K |
|
763
Royal Gold
RGLD
$12.3B
| $14.2M | 0.02% |
185,397
+7,300
| +4% | +$559K |
|
|
LHO
764
DELISTED
LaSalle Hotel Properties
LHO
| $14.2M | 0.02% |
333,708
-10,000
| -3% | -$425K |
|
|
EV
765
DELISTED
Eaton Vance Corp.
EV
| $14.1M | 0.02% |
345,344
+3,300
| +1% | +$135K |
|
766
Sonoco
SON
$4.54B
| $14.1M | 0.02% |
318,065
+2,700
| +0.9% | +$120K |
|
767
Madison Square Garden
MSGS
$4.93B
| $14.1M | 0.02% |
262,547
+16,544
| +7% | +$888K |
|
768
Manhattan Associates
MANH
$12.8B
| $14.1M | 0.02% |
306,400
-21,996
| -7% | -$1.01M |
|
769
CoreCivic
CXW
$2.18B
| $14M | 0.02% |
354,500
+5,000
| +1% | +$197K |
|
770
Starwood Property Trust
STWD
$7.6B
| $14M | 0.02% |
579,700
+42,500
| +8% | +$1.02M |
|
771
Factset
FDS
$13.7B
| $13.9M | 0.02% |
95,467
+700
| +0.7% | +$102K |
|
|
RPAI
772
DELISTED
RETAIL PROPERTIES OF AMERICA, INC.
RPAI
| $13.9M | 0.02% |
770,600
+398,700
| +107% | +$7.2M |
|
|
BRSL
773
Brightstar Lottery PLC
BRSL
$3.13B
| $13.9M | 0.02% |
815,652
+6,800
| +0.8% | +$116K |
|
774
Jacobs Solutions
J
$17.3B
| $13.9M | 0.02% |
428,281
-33,368
| -7% | -$1.08M |
|
775
First American
FAF
$6.74B
| $13.8M | 0.02% |
395,890
-5,913
| -1% | -$206K |
|