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 | |
|---|---|---|---|---|---|---|
|
S
976
DELISTED
Sprint Corporation
S
| $8.8M | 0.01% |
1,929,734
-3,136,067
| -62% | -$14.3M |
|
977
Radian Group
RDN
$4.81B
| $8.78M | 0.01% |
467,900
-45,942
| -9% | -$862K |
|
978
Western Alliance Bancorporation
WAL
$9.89B
| $8.78M | 0.01% |
260,000
+1,900
| +0.7% | +$64.1K |
|
979
Liberty Broadband Class C
LBRDK
$8.72B
| $8.77M | 0.01% |
171,459
-8,011
| -4% | -$410K |
|
|
PHH
980
DELISTED
PHH Corporation
PHH
| $8.77M | 0.01% |
336,832
-43,185
| -11% | -$1.12M |
|
|
GWR
981
DELISTED
Genesee & Wyoming Inc.
GWR
| $8.77M | 0.01% |
115,059
-7,900
| -6% | -$602K |
|
|
TWO
982
Two Harbors Investment
TWO
$1.05B
| $8.76M | 0.01% |
112,400
+25,762
| +30% | +$2.01M |
|
983
Fulton Financial
FULT
$3.52B
| $8.75M | 0.01% |
669,900
+16,700
| +3% | +$218K |
|
984
Thor Industries
THO
$5.83B
| $8.75M | 0.01% |
155,400
-3,027
| -2% | -$170K |
|
985
Douglas Emmett
DEI
$2.81B
| $8.74M | 0.01% |
324,445
-20,800
| -6% | -$560K |
|
|
CBPO
986
DELISTED
China Biologic Products Holdings, Inc.
CBPO
| $8.72M | 0.01% |
75,700
+21,100
| +39% | +$2.43M |
|
|
SYA
987
DELISTED
SYMETRA FINANCIAL CORPORATION COMMON STOCK
SYA
| $8.69M | 0.01% |
359,600
-31,100
| -8% | -$752K |
|
|
TIME
988
DELISTED
Time Inc.
TIME
| $8.68M | 0.01% |
377,395
+63,510
| +20% | +$1.46M |
|
989
ATI
ATI
$10.5B
| $8.66M | 0.01% |
+286,674
| New | +$8.66M |
|
|
LSI
990
DELISTED
Life Storage, Inc.
LSI
| $8.62M | 0.01% |
148,727
+6,150
| +4% | +$356K |
|
991
Rithm Capital
RITM
$6.65B
| $8.61M | 0.01% |
564,650
+313,700
| +125% | +$4.78M |
|
|
X
992
DELISTED
US Steel
X
| $8.59M | 0.01% |
416,600
-382,019
| -48% | -$7.88M |
|
993
Verint Systems
VRNT
$1.23B
| $8.59M | 0.01% |
277,568
-40,624
| -13% | -$1.26M |
|
|
VVC
994
DELISTED
Vectren Corporation
VVC
| $8.59M | 0.01% |
223,128
-26,800
| -11% | -$1.03M |
|
995
Pool Corp
POOL
$12.3B
| $8.58M | 0.01% |
122,200
-400
| -0.3% | -$28.1K |
|
|
INVX
996
Innovex International, Inc.
INVX
$1.16B
| $8.57M | 0.01% |
113,900
-4,628
| -4% | -$348K |
|
|
CAB
997
DELISTED
Cabela's Inc
CAB
| $8.55M | 0.01% |
171,100
+143,299
| +515% | +$7.16M |
|
|
DNR
998
DELISTED
Denbury Resources, Inc.
DNR
| $8.54M | 0.01% |
1,343,198
+205,000
| +18% | +$1.3M |
|
|
ESL
999
DELISTED
Esterline Technologies
ESL
| $8.53M | 0.01% |
89,446
-7,990
| -8% | -$762K |
|
|
DHC
1000
Diversified Healthcare Trust
DHC
$1.09B
| $8.52M | 0.01% |
489,674
+15,842
| +3% | +$276K |
|