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 | |
|---|---|---|---|---|---|---|
|
WRI
851
DELISTED
Weingarten Realty Investors
WRI
| $11.1M | 0.02% |
338,173
-37,700
| -10% | -$1.23M |
|
852
Teledyne Technologies
TDY
$25.6B
| $11M | 0.02% |
104,200
-400
| -0.4% | -$42.2K |
|
853
Patterson-UTI
PTEN
$2.11B
| $11M | 0.02% |
583,451
+25,300
| +5% | +$476K |
|
|
ATHN
854
DELISTED
Athenahealth, Inc.
ATHN
| $11M | 0.02% |
95,800
+17,825
| +23% | +$2.04M |
|
855
Royal Gold
RGLD
$12.3B
| $11M | 0.02% |
178,097
-7,300
| -4% | -$450K |
|
856
NNN REIT
NNN
$8.06B
| $11M | 0.02% |
313,202
+38,100
| +14% | +$1.33M |
|
857
SM Energy
SM
$3.14B
| $11M | 0.02% |
237,500
+2,542
| +1% | +$117K |
|
|
IDTI
858
DELISTED
Integrated Device Technology I
IDTI
| $10.9M | 0.02% |
503,300
+7,004
| +1% | +$152K |
|
859
Bankunited
BKU
$2.9B
| $10.9M | 0.02% |
303,100
+202,379
| +201% | +$7.27M |
|
|
CAVM
860
DELISTED
Cavium, Inc.
CAVM
| $10.9M | 0.02% |
157,800
-33,765
| -18% | -$2.32M |
|
|
WPX
861
DELISTED
WPX Energy, Inc.
WPX
| $10.8M | 0.02% |
882,771
-62,433
| -7% | -$767K |
|
|
CYN
862
DELISTED
CITY NATIONAL CORPORATION
CYN
| $10.8M | 0.02% |
119,758
+2,900
| +2% | +$262K |
|
|
ENH
863
DELISTED
Endurance Specialty Holdings Ltd
ENH
| $10.8M | 0.02% |
164,376
-12,760
| -7% | -$838K |
|
864
VEON
VEON
$3.56B
| $10.7M | 0.02% |
86,388
-12,153
| -12% | -$1.51M |
|
|
FNFG
865
DELISTED
FIRST NIAGARA FINANCIAL GROUP INC
FNFG
| $10.7M | 0.02% |
1,133,726
+701,144
| +162% | +$6.62M |
|
866
AutoNation
AN
$8.42B
| $10.7M | 0.02% |
169,900
-77,200
| -31% | -$4.86M |
|
|
GXP
867
DELISTED
Great Plains Energy Incorporated
GXP
| $10.7M | 0.02% |
442,452
-44,700
| -9% | -$1.08M |
|
868
Cognex
CGNX
$7.45B
| $10.7M | 0.02% |
444,400
-26,000
| -6% | -$625K |
|
|
CLC
869
DELISTED
Clarcor
CLC
| $10.6M | 0.02% |
171,100
+100
| +0.1% | +$6.22K |
|
870
Armstrong World Industries
AWI
$8.47B
| $10.6M | 0.02% |
199,200
+26,400
| +15% | +$1.41M |
|
|
TEN
871
DELISTED
Tenneco Inc. Class A Voting Common Stock
TEN
| $10.6M | 0.02% |
184,600
+2,500
| +1% | +$144K |
|
872
Equity Lifestyle Properties
ELS
$11.7B
| $10.6M | 0.02% |
403,252
+36,800
| +10% | +$967K |
|
|
LHO
873
DELISTED
LaSalle Hotel Properties
LHO
| $10.5M | 0.02% |
296,459
-37,249
| -11% | -$1.32M |
|
874
SPX Corp
SPXC
$9.29B
| $10.5M | 0.02% |
576,609
-80,381
| -12% | -$1.47M |
|
875
Enovis
ENOV
$1.74B
| $10.5M | 0.02% |
132,119
+120,615
| +1,048% | +$9.58M |
|