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 |
AGN
Allergan plc
AGN
|
+$57.2M |
| 2 |
WFT
Weatherford International plc
WFT
|
+$42.9M |
| 3 |
Liberty Media Series C
FWONK
|
+$27.2M |
| 4 |
Meta Platforms (Facebook)
META
|
+$25.2M |
| 5 |
Alibaba
BABA
|
+$22.2M |
Top Sells
| 1 |
SPDR S&P Emerging Markets Small Cap ETF
EWX
|
+$98.2M |
| 2 |
FRX
FOREST LABORATORIES INC
FRX
|
+$73.6M |
| 3 |
Exxon Mobil
XOM
|
+$43M |
| 4 |
HSH
HILLSHIRE BRANDS CO
HSH
|
+$38.7M |
| 5 |
Apple
AAPL
|
+$33.3M |
Sector Composition
| 1 | Financials | 16.01% |
| 2 | Technology | 14.34% |
| 3 | Healthcare | 13.09% |
| 4 | Industrials | 10.62% |
| 5 | Energy | 9.58% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
851
Sally Beauty Holdings
SBH
$1.45B
| $12.1M | 0.02% |
441,100
-9,700
| -2% | -$265K |
|
|
EPB
852
DELISTED
EL PASO PIPELINE PARTNERS, L.P. COM UNITS REPSTG LTD PART
EPB
| $12M | 0.02% |
299,700
-9,000
| -3% | -$361K |
|
853
Incyte
INCY
$16.8B
| $12M | 0.02% |
245,300
-53,800
| -18% | -$2.64M |
|
854
ITT
ITT
$13.6B
| $12M | 0.02% |
267,707
-42,300
| -14% | -$1.9M |
|
|
AZPN
855
DELISTED
ASPEN TECHNOLOGY INC
AZPN
| $12M | 0.02% |
318,398
+1,915
| +0.6% | +$72.2K |
|
856
CoreCivic
CXW
$2.18B
| $12M | 0.02% |
349,500
-47,600
| -12% | -$1.64M |
|
857
Federated Hermes
FHI
$4.1B
| $12M | 0.02% |
407,625
-93,500
| -19% | -$2.75M |
|
|
GWR
858
DELISTED
Genesee & Wyoming Inc.
GWR
| $11.9M | 0.02% |
125,218
-3,200
| -2% | -$305K |
|
|
AXLL
859
DELISTED
AXIALL CORP COM STK (DE)
AXLL
| $11.9M | 0.02% |
332,568
-18,755
| -5% | -$672K |
|
|
SCG
860
DELISTED
Scana
SCG
| $11.9M | 0.02% |
239,811
-7,500
| -3% | -$372K |
|
861
Cadence Design Systems
CDNS
$92.2B
| $11.8M | 0.02% |
688,010
+123,300
| +22% | +$2.12M |
|
862
Starwood Property Trust
STWD
$7.6B
| $11.8M | 0.02% |
537,200
-9,600
| -2% | -$211K |
|
863
Assured Guaranty
AGO
$3.89B
| $11.8M | 0.02% |
532,092
+3,700
| +0.7% | +$82K |
|
|
VRE
864
Veris Residential
VRE
$1.49B
| $11.8M | 0.02% |
616,099
-6,400
| -1% | -$122K |
|
|
LHO
865
DELISTED
LaSalle Hotel Properties
LHO
| $11.8M | 0.02% |
343,708
+7,400
| +2% | +$253K |
|
866
Allison Transmission
ALSN
$7.41B
| $11.8M | 0.02% |
412,956
+160,756
| +64% | +$4.58M |
|
867
Yelp
YELP
$1.97B
| $11.8M | 0.02% |
172,310
+57,875
| +51% | +$3.95M |
|
868
Puma Biotechnology
PBYI
$229M
| $11.7M | 0.02% |
48,914
+2,414
| +5% | +$576K |
|
|
GXP
869
DELISTED
Great Plains Energy Incorporated
GXP
| $11.7M | 0.02% |
482,452
-7,300
| -1% | -$176K |
|
870
Genesis Energy
GEL
$2.03B
| $11.6M | 0.02% |
221,112
-400
| -0.2% | -$21.1K |
|
|
MR
871
DELISTED
MINDRAY MED INTL LTD SPONSORED ADR REPSTG CL A
MR
| $11.6M | 0.02% |
385,607
+4,100
| +1% | +$124K |
|
872
Jabil
JBL
$23.2B
| $11.6M | 0.02% |
576,215
+363,700
| +171% | +$7.34M |
|
873
Madison Square Garden
MSGS
$4.93B
| $11.6M | 0.02% |
246,003
+280
| +0.1% | +$13.2K |
|
874
Teleflex
TFX
$5.76B
| $11.6M | 0.02% |
110,300
+27,900
| +34% | +$2.93M |
|
875
Royal Gold
RGLD
$12.3B
| $11.6M | 0.02% |
178,097
| – | – |
|