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 | |
|---|---|---|---|---|---|---|
826
Urban Outfitters
URBN
$6.43B
| $12.3M | 0.02% |
345,700
-800
| -0.2% | -$28.5K |
|
827
Federated Hermes
FHI
$4.2B
| $12.3M | 0.02% |
382,025
-25,600
| -6% | -$826K |
|
828
Commerce Bancshares
CBSH
$8.02B
| $12.3M | 0.02% |
489,564
+8,632
| +2% | +$217K |
|
|
CYT
829
DELISTED
CYTEC INDS INC
CYT
| $12.3M | 0.02% |
279,894
-1,900
| -0.7% | -$83.6K |
|
830
Avient
AVNT
$3.44B
| $12.3M | 0.02% |
340,618
-9,863
| -3% | -$356K |
|
831
Jack in the Box
JACK
$342M
| $12.3M | 0.02% |
143,312
+553
| +0.4% | +$47.4K |
|
832
Vale
VALE
$45.4B
| $12.3M | 0.02% |
1,654,397
| – | – |
|
833
EnerSys
ENS
$4.02B
| $12.3M | 0.02% |
207,800
-1,327
| -0.6% | -$78.3K |
|
834
AerCap
AER
$22.1B
| $12.3M | 0.02% |
303,600
+6,400
| +2% | +$258K |
|
|
VVC
835
DELISTED
Vectren Corporation
VVC
| $12.2M | 0.02% |
249,928
+10,200
| +4% | +$498K |
|
|
QIHU
836
DELISTED
QIHOO 360 TECHNOLOGY CO LTD ADS RPSTG 3 CL A SHS
QIHU
| $12.2M | 0.02% |
201,500
+16,400
| +9% | +$992K |
|
|
PDM
837
Piedmont Realty Trust, Inc.
PDM
$1.09B
| $12.2M | 0.02% |
608,661
+12,500
| +2% | +$250K |
|
838
National Fuel Gas
NFG
$7.95B
| $12.1M | 0.02% |
177,050
+700
| +0.4% | +$48K |
|
839
NNN REIT
NNN
$8.17B
| $12.1M | 0.02% |
275,102
+14,100
| +5% | +$619K |
|
840
Delek US
DK
$1.72B
| $12.1M | 0.02% |
390,417
+17,817
| +5% | +$551K |
|
841
First Horizon
FHN
$11.5B
| $12.1M | 0.02% |
912,719
+47,580
| +5% | +$629K |
|
842
AptarGroup
ATR
$9.03B
| $12M | 0.02% |
191,480
+1,700
| +0.9% | +$107K |
|
843
3D Systems Corporation
DDD
$289M
| $12M | 0.02% |
410,750
| – | – |
|
844
DNOW Inc
DNOW
$1.65B
| $12M | 0.02% |
515,245
-3,700
| -0.7% | -$86.1K |
|
|
BEAV
845
DELISTED
B/E Aerospace Inc
BEAV
| $12M | 0.02% |
196,800
-273,414
| -58% | -$16.7M |
|
846
American Eagle Outfitters
AEO
$3.4B
| $12M | 0.02% |
821,046
+45,000
| +6% | +$656K |
|
847
Tyler Technologies
TYL
$24B
| $11.9M | 0.02% |
108,500
-4,963
| -4% | -$546K |
|
848
Hexcel
HXL
$4.98B
| $11.9M | 0.02% |
271,727
-1,300
| -0.5% | -$57.1K |
|
|
NS
849
DELISTED
NuStar Energy L.P.
NS
| $11.9M | 0.02% |
199,200
+11,300
| +6% | +$674K |
|
850
Brunswick
BC
$4.36B
| $11.8M | 0.02% |
227,100
+1,000
| +0.4% | +$52.1K |
|