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 | |
|---|---|---|---|---|---|---|
751
Tyler Technologies
TYL
$23.6B
| $13.4M | 0.02% |
103,500
-5,000
| -5% | -$647K |
|
|
DATA
752
DELISTED
Tableau Software, Inc.
DATA
| $13.4M | 0.02% |
115,900
+3,215
| +3% | +$371K |
|
|
NS
753
DELISTED
NuStar Energy L.P.
NS
| $13.4M | 0.02% |
225,100
+25,900
| +13% | +$1.54M |
|
754
Hawaiian Electric Industries
HE
$2.08B
| $13.3M | 0.02% |
448,915
-5,380
| -1% | -$160K |
|
755
AerCap
AER
$21.7B
| $13.3M | 0.02% |
290,800
-12,800
| -4% | -$586K |
|
756
Cullen/Frost Bankers
CFR
$8.11B
| $13.3M | 0.02% |
168,721
-3,300
| -2% | -$259K |
|
757
Sonoco
SON
$4.54B
| $13.2M | 0.02% |
307,350
-10,715
| -3% | -$459K |
|
758
Ryder
R
$7.61B
| $13.2M | 0.02% |
150,677
-15,300
| -9% | -$1.34M |
|
|
LPT
759
DELISTED
Liberty Property Trust
LPT
| $13.2M | 0.02% |
408,263
+88,800
| +28% | +$2.86M |
|
760
Atmos Energy
ATO
$26.3B
| $13.1M | 0.02% |
255,600
-16,000
| -6% | -$820K |
|
|
OKS
761
DELISTED
Oneok Partners LP
OKS
| $13.1M | 0.02% |
384,800
-19,800
| -5% | -$673K |
|
|
SAVE
762
DELISTED
Spirit Airlines, Inc.
SAVE
| $13.1M | 0.02% |
210,600
+15,400
| +8% | +$956K |
|
|
NGLS
763
DELISTED
TARGA RESOURCES PARTNERS LP COM UTS REPTG LTD PARTERSHIP INT
NGLS
| $13.1M | 0.02% |
338,679
+60,479
| +22% | +$2.33M |
|
|
PACW
764
DELISTED
PacWest Bancorp
PACW
| $13.1M | 0.02% |
279,259
-14,269
| -5% | -$667K |
|
|
RAX
765
DELISTED
Rackspace Hosting Inc
RAX
| $13M | 0.02% |
350,800
-217,274
| -38% | -$8.08M |
|
|
CBI
766
DELISTED
Chicago Bridge & Iron Nv
CBI
| $13M | 0.02% |
260,400
-4,500
| -2% | -$225K |
|
767
Avient
AVNT
$3.34B
| $12.9M | 0.02% |
329,200
-11,418
| -3% | -$447K |
|
768
Outfront Media
OUT
$3.12B
| $12.9M | 0.02% |
518,805
+30,276
| +6% | +$752K |
|
769
First American
FAF
$6.74B
| $12.9M | 0.02% |
346,200
-49,690
| -13% | -$1.85M |
|
770
CoreCivic
CXW
$2.18B
| $12.9M | 0.02% |
389,400
+34,900
| +10% | +$1.15M |
|
771
West Pharmaceutical
WST
$18.4B
| $12.8M | 0.02% |
220,800
+23,200
| +12% | +$1.35M |
|
|
TE
772
DELISTED
TECO ENERGY INC
TE
| $12.8M | 0.02% |
725,207
-22,800
| -3% | -$403K |
|
773
CNX Resources
CNX
$4.14B
| $12.8M | 0.02% |
705,775
-48,960
| -6% | -$887K |
|
774
CNO Financial Group
CNO
$3.8B
| $12.8M | 0.02% |
696,700
-280,001
| -29% | -$5.14M |
|
|
WR
775
DELISTED
Westar Energy Inc
WR
| $12.7M | 0.02% |
372,500
-24,800
| -6% | -$849K |
|