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 | |
|---|---|---|---|---|---|---|
976
Alnylam Pharmaceuticals
ALNY
$61.4B
| $9.45M | 0.01% |
98,952
+13,576
| +16% | +$1.3M |
|
977
Marriott Vacations Worldwide
VAC
$2.75B
| $9.45M | 0.01% |
120,430
+5,900
| +5% | +$463K |
|
978
Mercado Libre
MELI
$119B
| $9.43M | 0.01% |
73,600
| – | – |
|
979
Clearwater Paper
CLW
$351M
| $9.42M | 0.01% |
126,156
-19,675
| -13% | -$1.47M |
|
980
Highwoods Properties
HIW
$3.49B
| $9.41M | 0.01% |
196,396
+9,000
| +5% | +$431K |
|
981
Fair Isaac
FICO
$38.3B
| $9.39M | 0.01% |
118,400
-700
| -0.6% | -$55.5K |
|
982
ITT
ITT
$13.9B
| $9.38M | 0.01% |
259,807
-7,900
| -3% | -$285K |
|
983
ASML
ASML
$316B
| $9.37M | 0.01% |
88,127
+31,429
| +55% | +$3.34M |
|
984
John Wiley & Sons Class A
WLY
$2.24B
| $9.31M | 0.01% |
149,746
-13,300
| -8% | -$827K |
|
985
Dolby
DLB
$6.91B
| $9.31M | 0.01% |
234,900
+9,200
| +4% | +$365K |
|
986
New Jersey Resources
NJR
$4.76B
| $9.3M | 0.01% |
282,882
+12,000
| +4% | +$395K |
|
987
BWX Technologies
BWXT
$15.5B
| $9.26M | 0.01% |
476,019
+839
| +0.2% | +$16.3K |
|
|
INVX
988
Innovex International, Inc.
INVX
$1.16B
| $9.24M | 0.01% |
118,528
| – | – |
|
|
ORB
989
DELISTED
ORBITAL SCIENCES CORP
ORB
| $9.23M | 0.01% |
304,516
+3,100
| +1% | +$94K |
|
990
White Mountains Insurance
WTM
$4.57B
| $9.23M | 0.01% |
14,098
-600
| -4% | -$393K |
|
991
Allison Transmission
ALSN
$7.57B
| $9.21M | 0.01% |
283,400
-129,556
| -31% | -$4.21M |
|
|
AEL
992
DELISTED
American Equity Investment Life Holding Company
AEL
| $9.2M | 0.01% |
346,606
-10,855
| -3% | -$288K |
|
993
NorthWestern Energy
NWE
$3.51B
| $9.19M | 0.01% |
156,112
+1,900
| +1% | +$112K |
|
994
Genpact
G
$7.55B
| $9.16M | 0.01% |
453,200
+2,400
| +0.5% | +$48.5K |
|
|
DATA
995
DELISTED
Tableau Software, Inc.
DATA
| $9.16M | 0.01% |
112,685
+7,210
| +7% | +$586K |
|
|
ATML
996
DELISTED
ATMEL CORP
ATML
| $9.15M | 0.01% |
1,075,435
-173,800
| -14% | -$1.48M |
|
997
Progress Software
PRGS
$1.85B
| $9.15M | 0.01% |
357,009
+35,180
| +11% | +$901K |
|
|
IDTI
998
DELISTED
Integrated Device Technology I
IDTI
| $9.14M | 0.01% |
496,296
+50,988
| +11% | +$939K |
|
999
Stifel
SF
$11.8B
| $9.14M | 0.01% |
282,057
+510
| +0.2% | +$16.5K |
|
|
QEP
1000
DELISTED
QEP RESOURCES, INC.
QEP
| $9.13M | 0.01% |
439,225
-31,600
| -7% | -$657K |
|