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 | |
|---|---|---|---|---|---|---|
|
FSL
801
DELISTED
FREESCALE SEMICONDUCTOR LTD
FSL
| $12.1M | 0.02% |
303,100
-115,734
| -28% | -$4.63M |
|
802
RLJ Lodging Trust
RLJ
$1.14B
| $12M | 0.02% |
404,500
-6,630
| -2% | -$197K |
|
803
Urban Outfitters
URBN
$6.33B
| $12M | 0.02% |
343,700
-2,000
| -0.6% | -$70K |
|
|
BERY
804
DELISTED
Berry Global Group, Inc.
BERY
| $12M | 0.02% |
403,910
+11,238
| +3% | +$334K |
|
|
DNKN
805
DELISTED
Dunkin' Brands Group, Inc.
DNKN
| $12M | 0.02% |
217,294
-14,481
| -6% | -$796K |
|
806
Core Laboratories
CLB
$577M
| $11.9M | 0.02% |
104,400
-122,090
| -54% | -$13.9M |
|
807
Icon
ICLR
$12.9B
| $11.9M | 0.02% |
176,400
-1,500
| -0.8% | -$101K |
|
808
Zillow
ZG
$20B
| $11.9M | 0.02% |
410,535
+90,171
| +28% | +$2.61M |
|
|
SFG
809
DELISTED
STANCORP FINL GRP
SFG
| $11.8M | 0.02% |
156,262
-11,400
| -7% | -$862K |
|
|
CLR
810
DELISTED
CONTINENTAL RESOURCES INC.
CLR
| $11.8M | 0.02% |
278,400
-40,244
| -13% | -$1.71M |
|
|
VR
811
DELISTED
Validus Hold Ltd
VR
| $11.8M | 0.02% |
268,050
+17,567
| +7% | +$773K |
|
812
RenaissanceRe
RNR
$11.2B
| $11.8M | 0.02% |
115,963
-4,538
| -4% | -$461K |
|
813
Telephone and Data Systems
TDS
$4.45B
| $11.8M | 0.02% |
400,347
-35,500
| -8% | -$1.04M |
|
814
Gentex
GNTX
$6.15B
| $11.8M | 0.02% |
716,700
-195,700
| -21% | -$3.21M |
|
815
O-I Glass
OI
$1.95B
| $11.7M | 0.02% |
511,685
+12,100
| +2% | +$278K |
|
|
WES
816
DELISTED
Western Gas Partners Lp
WES
| $11.7M | 0.02% |
185,160
-7,500
| -4% | -$475K |
|
|
IM
817
DELISTED
Ingram Micro
IM
| $11.7M | 0.02% |
468,133
-30,205
| -6% | -$756K |
|
818
Fair Isaac
FICO
$36.7B
| $11.7M | 0.02% |
128,900
+10,500
| +9% | +$953K |
|
819
Rollins
ROL
$27.3B
| $11.7M | 0.02% |
922,874
+372,875
| +68% | +$4.73M |
|
820
Opko Health
OPK
$1.12B
| $11.7M | 0.02% |
727,381
+262,400
| +56% | +$4.22M |
|
821
First Solar
FSLR
$21.9B
| $11.7M | 0.02% |
248,938
-3,300
| -1% | -$155K |
|
822
Genpact
G
$7.49B
| $11.7M | 0.02% |
547,200
+94,000
| +21% | +$2.01M |
|
823
Dick's Sporting Goods
DKS
$18.2B
| $11.7M | 0.02% |
225,200
+11,500
| +5% | +$595K |
|
824
Brown & Brown
BRO
$30.5B
| $11.7M | 0.02% |
709,274
+18,000
| +3% | +$296K |
|
825
First Horizon
FHN
$11.5B
| $11.7M | 0.02% |
743,439
-169,280
| -19% | -$2.65M |
|