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 | |
|---|---|---|---|---|---|---|
|
WPZ
801
DELISTED
WILLIAMS PARTNERS L.P. COM UTS REPTG L.P. INT
WPZ
| $13M | 0.02% |
318,881
+3,079
| +1% | +$126K |
|
802
Visteon
VC
$3.49B
| $13M | 0.02% |
132,100
+7,000
| +6% | +$689K |
|
803
Teleflex
TFX
$5.81B
| $13M | 0.02% |
116,400
+6,100
| +6% | +$682K |
|
|
LPNT
804
DELISTED
LifePoint Health, Inc.
LPNT
| $13M | 0.02% |
188,186
+3,400
| +2% | +$235K |
|
805
Steris
STE
$24.6B
| $13M | 0.02% |
194,659
-4,800
| -2% | -$320K |
|
806
Fossil Group
FOSL
$161M
| $13M | 0.02% |
129,300
-245
| -0.2% | -$24.6K |
|
|
PACW
807
DELISTED
PacWest Bancorp
PACW
| $12.9M | 0.02% |
293,528
+21,683
| +8% | +$951K |
|
808
Zebra Technologies
ZBRA
$15.8B
| $12.8M | 0.02% |
151,834
-114,900
| -43% | -$9.72M |
|
|
CLGX
809
DELISTED
Corelogic, Inc.
CLGX
| $12.8M | 0.02% |
373,600
-94,784
| -20% | -$3.25M |
|
810
Plains GP Holdings
PAGP
$3.67B
| $12.8M | 0.02% |
176,568
+2,892
| +2% | +$210K |
|
|
IM
811
DELISTED
Ingram Micro
IM
| $12.8M | 0.02% |
498,338
-3,887
| -0.8% | -$99.7K |
|
|
JOY
812
DELISTED
Joy Global Inc
JOY
| $12.7M | 0.02% |
308,505
+25,500
| +9% | +$1.05M |
|
|
SRC
813
DELISTED
SPIRIT REALTY CAPITAL, INC.
SRC
| $12.7M | 0.02% |
221,561
+104,610
| +89% | +$6M |
|
|
AHL
814
DELISTED
ASPEN Insurance Holding Limited
AHL
| $12.7M | 0.02% |
287,400
-65,300
| -19% | -$2.89M |
|
815
Trinity Industries
TRN
$2.32B
| $12.7M | 0.02% |
632,581
-76,909
| -11% | -$1.54M |
|
816
AGCO
AGCO
$8.17B
| $12.7M | 0.02% |
292,263
+17,400
| +6% | +$753K |
|
817
IAC Inc
IAC
$2.93B
| $12.6M | 0.02% |
1,119,400
+11,302
| +1% | +$127K |
|
818
Brown-Forman Class A
BF.A
$13.2B
| $12.6M | 0.02% |
342,750
+4,000
| +1% | +$147K |
|
819
ICICI Bank
IBN
$113B
| $12.5M | 0.02% |
1,063,332
-503,134
| -32% | -$5.94M |
|
|
NE
820
DELISTED
Noble Corporation
NE
| $12.5M | 0.02% |
727,519
+29,400
| +4% | +$506K |
|
|
ACC
821
DELISTED
American Campus Communities, Inc.
ACC
| $12.4M | 0.02% |
279,118
+26,700
| +11% | +$1.19M |
|
|
EGN
822
DELISTED
Energen
EGN
| $12.4M | 0.02% |
190,257
-200
| -0.1% | -$13K |
|
|
APOL
823
DELISTED
Apollo Education Group Inc Class A
APOL
| $12.4M | 0.02% |
472,606
-91,500
| -16% | -$2.39M |
|
|
VRE
824
Veris Residential
VRE
$1.51B
| $12.4M | 0.02% |
628,799
+12,700
| +2% | +$250K |
|
825
FirstCash
FCFS
$6.5B
| $12.3M | 0.02% |
242,800
+25,300
| +12% | +$1.29M |
|