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 | |
|---|---|---|---|---|---|---|
901
Prosperity Bancshares
PB
$6.4B
| $10.1M | 0.02% |
174,616
+5,600
| +3% | +$323K |
|
|
AMSG
902
DELISTED
Amsurg Corp
AMSG
| $10.1M | 0.02% |
144,039
+24,908
| +21% | +$1.74M |
|
903
Ryman Hospitality Properties
RHP
$6.34B
| $10.1M | 0.02% |
189,649
+20,600
| +12% | +$1.09M |
|
|
PDM
904
Piedmont Realty Trust, Inc.
PDM
$1.08B
| $10.1M | 0.02% |
572,061
-36,600
| -6% | -$644K |
|
|
QEP
905
DELISTED
QEP RESOURCES, INC.
QEP
| $10M | 0.02% |
542,525
+103,300
| +24% | +$1.91M |
|
906
Bank of Hawaii
BOH
$2.7B
| $10M | 0.02% |
150,578
-6,000
| -4% | -$400K |
|
|
CPHD
907
DELISTED
Cepheid Inc
CPHD
| $10M | 0.02% |
164,000
-17,010
| -9% | -$1.04M |
|
908
MSC Industrial Direct
MSM
$5.1B
| $10M | 0.02% |
143,600
-6,700
| -4% | -$467K |
|
|
AZPN
909
DELISTED
ASPEN TECHNOLOGY INC
AZPN
| $10M | 0.02% |
219,903
-1,400
| -0.6% | -$63.8K |
|
910
Myriad Genetics
MYGN
$642M
| $10M | 0.02% |
294,200
-10,400
| -3% | -$354K |
|
911
Papa John's
PZZA
$1.63B
| $10M | 0.02% |
132,200
+13,800
| +12% | +$1.04M |
|
|
LXK
912
DELISTED
Lexmark Intl Inc
LXK
| $9.95M | 0.01% |
225,174
-184,600
| -45% | -$8.16M |
|
913
Webster Financial
WBS
$10.2B
| $9.94M | 0.01% |
251,353
-2,400
| -0.9% | -$94.9K |
|
914
Bank OZK
OZK
$5.89B
| $9.92M | 0.01% |
216,799
-33,458
| -13% | -$1.53M |
|
915
PRA Group
PRAA
$653M
| $9.92M | 0.01% |
159,116
-1,976
| -1% | -$123K |
|
|
MSCC
916
DELISTED
Microsemi Corp
MSCC
| $9.9M | 0.01% |
283,300
-27,160
| -9% | -$949K |
|
|
UNIT
917
Uniti Group
UNIT
$1.69B
| $9.84M | 0.01% |
+397,943
| New | +$9.84M |
|
|
CVA
918
DELISTED
Covanta Holding Corporation
CVA
| $9.83M | 0.01% |
463,800
-700
| -0.2% | -$14.8K |
|
|
UMPQ
919
DELISTED
Umpqua Holdings Corp
UMPQ
| $9.82M | 0.01% |
545,826
+189,100
| +53% | +$3.4M |
|
920
Leidos
LDOS
$23.1B
| $9.8M | 0.01% |
242,850
-5,500
| -2% | -$222K |
|
921
Stifel
SF
$11.6B
| $9.78M | 0.01% |
253,976
-28,081
| -10% | -$1.08M |
|
|
BMR
922
DELISTED
BIOMED REALTY TRUST INC
BMR
| $9.76M | 0.01% |
504,594
-73,200
| -13% | -$1.42M |
|
|
CXP
923
DELISTED
COLUMBIA PROPERTY TRUST, INC.
CXP
| $9.73M | 0.01% |
396,200
+4,200
| +1% | +$103K |
|
924
Genesis Energy
GEL
$2.03B
| $9.73M | 0.01% |
221,600
+1,300
| +0.6% | +$57.1K |
|
|
SRC
925
DELISTED
SPIRIT REALTY CAPITAL, INC.
SRC
| $9.72M | 0.01% |
224,214
+2,653
| +1% | +$115K |
|