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 | |
|---|---|---|---|---|---|---|
776
SPX Corp
SPXC
$9.46B
| $13.8M | 0.02% |
656,990
-203,569
| -24% | -$4.27M |
|
|
NGLS
777
DELISTED
TARGA RESOURCES PARTNERS LP COM UTS REPTG LTD PARTERSHIP INT
NGLS
| $13.8M | 0.02% |
278,200
+15,900
| +6% | +$787K |
|
778
Jack Henry & Associates
JKHY
$11.7B
| $13.7M | 0.02% |
217,028
| – | – |
|
|
HCBK
779
DELISTED
HUDSON CITY BANCORP INC
HCBK
| $13.7M | 0.02% |
1,481,993
+225,200
| +18% | +$2.08M |
|
780
Cinemark Holdings
CNK
$3.18B
| $13.7M | 0.02% |
363,544
-48,346
| -12% | -$1.82M |
|
781
Wolfspeed
WOLF
$263M
| $13.7M | 0.02% |
370,971
+32,280
| +10% | +$1.19M |
|
782
Allegion
ALLE
$15.2B
| $13.6M | 0.02% |
253,550
-5,900
| -2% | -$317K |
|
|
WCG
783
DELISTED
Wellcare Health Plans, Inc.
WCG
| $13.6M | 0.02% |
176,450
+5,700
| +3% | +$441K |
|
|
WES
784
DELISTED
Western Gas Partners Lp
WES
| $13.6M | 0.02% |
192,660
+19,100
| +11% | +$1.35M |
|
785
Outfront Media
OUT
$3.13B
| $13.6M | 0.02% |
488,529
-77,675
| -14% | -$2.16M |
|
786
EPR Properties
EPR
$4.27B
| $13.5M | 0.02% |
206,426
+10,100
| +5% | +$662K |
|
787
Assured Guaranty
AGO
$3.91B
| $13.5M | 0.02% |
534,392
+2,300
| +0.4% | +$58.3K |
|
788
Sally Beauty Holdings
SBH
$1.48B
| $13.5M | 0.02% |
443,800
+2,700
| +0.6% | +$82.2K |
|
789
MDU Resources
MDU
$3.35B
| $13.4M | 0.02% |
1,525,112
+30,243
| +2% | +$266K |
|
|
PBCT
790
DELISTED
People's United Financial Inc
PBCT
| $13.4M | 0.02% |
931,679
-64,700
| -6% | -$930K |
|
791
Cadence Design Systems
CDNS
$95.6B
| $13.3M | 0.02% |
725,310
+37,300
| +5% | +$684K |
|
|
AWH
792
DELISTED
Allied World Assurance Co Hld Lt
AWH
| $13.3M | 0.02% |
341,900
+4,700
| +1% | +$183K |
|
|
STR
793
DELISTED
QUESTAR CORP
STR
| $13.3M | 0.02% |
504,025
-7,400
| -1% | -$195K |
|
|
AXLL
794
DELISTED
AXIALL CORP COM STK (DE)
AXLL
| $13.3M | 0.02% |
300,118
-32,450
| -10% | -$1.43M |
|
|
JCP
795
DELISTED
J.C. Penney Company, Inc.
JCP
| $13.2M | 0.02% |
1,736,733
+68,600
| +4% | +$523K |
|
796
Toll Brothers
TOL
$14.2B
| $13.2M | 0.02% |
387,739
+229,583
| +145% | +$7.83M |
|
|
DISCA
797
DELISTED
Discovery, Inc. Series A Common Stock
DISCA
| $13.2M | 0.02% |
439,742
+60,230
| +16% | +$1.81M |
|
798
Hanover Insurance
THG
$6.44B
| $13.2M | 0.02% |
185,236
-1,165
| -0.6% | -$82.9K |
|
799
Graco
GGG
$14.3B
| $13.2M | 0.02% |
551,868
-32,520
| -6% | -$776K |
|
|
LPT
800
DELISTED
Liberty Property Trust
LPT
| $13.1M | 0.02% |
319,463
+5,300
| +2% | +$218K |
|