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 | |
|---|---|---|---|---|---|---|
926
Teledyne Technologies
TDY
$26.5B
| $10.3M | 0.01% |
104,600
-2,300
| -2% | -$226K |
|
927
Icon
ICLR
$13.6B
| $10.3M | 0.01% |
177,900
-10,205
| -5% | -$590K |
|
928
iShares MSCI Japan ETF
EWJ
$15.8B
| $10.3M | 0.01% |
221,262
| – | – |
|
929
Sun Communities
SUI
$16.4B
| $10.2M | 0.01% |
147,727
+9,137
| +7% | +$633K |
|
|
HRC
930
DELISTED
HILL-ROM HOLDINGS, INC.
HRC
| $10.2M | 0.01% |
209,827
+8,977
| +4% | +$438K |
|
931
RH
RH
$4.27B
| $10.2M | 0.01% |
111,047
+7,657
| +7% | +$705K |
|
932
Douglas Emmett
DEI
$2.81B
| $10.2M | 0.01% |
345,245
+18,200
| +6% | +$538K |
|
|
MR
933
DELISTED
MINDRAY MED INTL LTD SPONSORED ADR REPSTG CL A
MR
| $10.2M | 0.01% |
369,830
-15,777
| -4% | -$435K |
|
934
Donaldson
DCI
$9.51B
| $10.2M | 0.01% |
276,900
-86,500
| -24% | -$3.19M |
|
935
LXP Industrial Trust
LXP
$2.74B
| $10.2M | 0.01% |
869,497
+42,900
| +5% | +$501K |
|
|
VR
936
DELISTED
Validus Hold Ltd
VR
| $10.2M | 0.01% |
250,483
+10,386
| +4% | +$421K |
|
|
PRXL
937
DELISTED
Parexel International Corp
PRXL
| $10.1M | 0.01% |
160,200
+2,600
| +2% | +$165K |
|
938
AMC Networks
AMCX
$346M
| $10.1M | 0.01% |
149,200
+38,000
| +34% | +$2.58M |
|
939
Saic
SAIC
$4.9B
| $10.1M | 0.01% |
200,113
+7,000
| +4% | +$354K |
|
940
Associated Banc-Corp
ASB
$4.38B
| $10M | 0.01% |
580,585
+1,200
| +0.2% | +$20.7K |
|
941
West Pharmaceutical
WST
$19B
| $10M | 0.01% |
197,600
-5,200
| -3% | -$264K |
|
|
OA
942
DELISTED
Orbital ATK, Inc.
OA
| $10M | 0.01% |
76,133
-2,000
| -3% | -$263K |
|
943
Upbound Group
UPBD
$1.48B
| $10M | 0.01% |
276,271
-26,182
| -9% | -$948K |
|
|
MDP
944
DELISTED
Meredith Corporation
MDP
| $9.97M | 0.01% |
187,710
+18,100
| +11% | +$961K |
|
945
Brixmor Property Group
BRX
$8.6B
| $9.94M | 0.01% |
+368,000
| New | +$9.94M |
|
946
DexCom
DXCM
$29.8B
| $9.94M | 0.01% |
637,936
+36,400
| +6% | +$567K |
|
947
Grifois
GRFS
$6.83B
| $9.93M | 0.01% |
567,926
| – | – |
|
|
TA
948
DELISTED
TravelCenters of America LLC
TA
| $9.9M | 0.01% |
141,724
+18,644
| +15% | +$1.3M |
|
949
Hyatt Hotels
H
$13.9B
| $9.89M | 0.01% |
171,391
-35,000
| -17% | -$2.02M |
|
950
Timken Company
TKR
$5.51B
| $9.89M | 0.01% |
240,491
+7,575
| +3% | +$311K |
|