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 | |
|---|---|---|---|---|---|---|
|
CIE
951
DELISTED
Cobalt International Energy, Inc
CIE
| $9.24M | 0.01% |
63,447
+32,280
| +104% | +$4.7M |
|
952
Marriott Vacations Worldwide
VAC
$2.7B
| $9.23M | 0.01% |
100,600
-19,830
| -16% | -$1.82M |
|
|
IPXL
953
DELISTED
Impax Laboratories, Inc.
IPXL
| $9.23M | 0.01% |
201,000
+1,258
| +0.6% | +$57.8K |
|
954
Sunstone Hotel Investors
SHO
$1.79B
| $9.23M | 0.01% |
614,706
-47,867
| -7% | -$719K |
|
|
TGI
955
DELISTED
Triumph Group
TGI
| $9.21M | 0.01% |
139,600
-4,647
| -3% | -$307K |
|
|
TUP
956
DELISTED
Tupperware Brands Corporation
TUP
| $9.2M | 0.01% |
142,589
-20,000
| -12% | -$1.29M |
|
|
PVTB
957
DELISTED
PrivateBancorp Inc
PVTB
| $9.18M | 0.01% |
230,500
+3,400
| +1% | +$135K |
|
958
MGIC Investment
MTG
$6.61B
| $9.16M | 0.01% |
804,900
| – | – |
|
959
Regal Rexnord
RRX
$9.56B
| $9.13M | 0.01% |
125,800
-102,376
| -45% | -$7.43M |
|
960
WEX
WEX
$5.91B
| $9.13M | 0.01% |
80,100
-7,712
| -9% | -$879K |
|
|
ANN
961
DELISTED
ANN INC
ANN
| $9.12M | 0.01% |
188,935
-31,172
| -14% | -$1.51M |
|
962
Associated Banc-Corp
ASB
$4.36B
| $9.12M | 0.01% |
450,085
-130,500
| -22% | -$2.65M |
|
|
APU
963
DELISTED
AmeriGas Partners, L.P.
APU
| $9.06M | 0.01% |
198,200
+30,300
| +18% | +$1.39M |
|
|
TEN
964
Tsakos Energy Navigation Ltd.
TEN
$647M
| $8.99M | 0.01% |
188,640
-4,380
| -2% | -$209K |
|
|
THOR
965
DELISTED
THORATEC CORPORATION
THOR
| $8.95M | 0.01% |
200,800
+39,900
| +25% | +$1.78M |
|
966
Belden
BDC
$5.23B
| $8.89M | 0.01% |
109,400
-19,723
| -15% | -$1.6M |
|
967
Hilton Worldwide
HLT
$64.8B
| $8.87M | 0.01% |
107,267
+41,025
| +62% | +$3.39M |
|
968
Erie Indemnity
ERIE
$17.4B
| $8.86M | 0.01% |
107,955
+7,700
| +8% | +$632K |
|
969
Landstar System
LSTR
$4.52B
| $8.85M | 0.01% |
132,300
-19,100
| -13% | -$1.28M |
|
|
POLY
970
DELISTED
Plantronics, Inc.
POLY
| $8.85M | 0.01% |
157,100
+4,019
| +3% | +$226K |
|
971
White Mountains Insurance
WTM
$4.53B
| $8.84M | 0.01% |
13,498
-600
| -4% | -$393K |
|
972
Maximus
MMS
$4.99B
| $8.84M | 0.01% |
134,462
+1,300
| +1% | +$85.4K |
|
973
Southwest Gas
SWX
$5.67B
| $8.83M | 0.01% |
165,900
-9,800
| -6% | -$521K |
|
974
Wolfspeed
WOLF
$261M
| $8.83M | 0.01% |
339,156
-31,815
| -9% | -$828K |
|
975
Air Lease Corp
AL
$7.11B
| $8.82M | 0.01% |
260,300
+48,500
| +23% | +$1.64M |
|