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 | |
|---|---|---|---|---|---|---|
1201
LXP Industrial Trust
LXP
$2.73B
| $6.29M | 0.01% |
741,947
-127,550
| -15% | -$1.08M |
|
1202
Archrock
AROC
$4.33B
| $6.29M | 0.01% |
192,550
-9,443
| -5% | -$308K |
|
|
AXLL
1203
DELISTED
AXIALL CORP COM STK (DE)
AXLL
| $6.28M | 0.01% |
174,300
-125,818
| -42% | -$4.54M |
|
1204
ServiceNow
NOW
$193B
| $6.28M | 0.01% |
84,500
+77,430
| +1,095% | +$5.75M |
|
1205
Louisiana-Pacific
LPX
$6.74B
| $6.28M | 0.01% |
368,500
+3,300
| +0.9% | +$56.2K |
|
|
INFN
1206
DELISTED
Infinera Corporation Common Stock
INFN
| $6.26M | 0.01% |
298,200
+32,300
| +12% | +$678K |
|
1207
Adeia
ADEA
$1.71B
| $6.25M | 0.01% |
621,810
-14,364
| -2% | -$144K |
|
|
PGRE
1208
Paramount Group
PGRE
$1.59B
| $6.25M | 0.01% |
364,100
+300
| +0.1% | +$5.15K |
|
1209
Guidewire Software
GWRE
$21.3B
| $6.24M | 0.01% |
117,900
-13,523
| -10% | -$716K |
|
|
PPO
1210
DELISTED
POLYPORE INTERNATIONAL, INC
PPO
| $6.22M | 0.01% |
103,900
-2,900
| -3% | -$174K |
|
1211
Cabot Corp
CBT
$4.23B
| $6.22M | 0.01% |
166,700
-3,644
| -2% | -$136K |
|
1212
Copa Holdings
CPA
$4.84B
| $6.2M | 0.01% |
75,100
-5,971
| -7% | -$493K |
|
1213
Groupon
GRPN
$942M
| $6.2M | 0.01% |
61,660
+47,641
| +340% | +$4.79M |
|
1214
Olin
OLN
$3.04B
| $6.16M | 0.01% |
228,707
+8,100
| +4% | +$218K |
|
|
DYN
1215
DELISTED
Dynegy, Inc.
DYN
| $6.16M | 0.01% |
210,519
-43,800
| -17% | -$1.28M |
|
1216
Spire
SR
$4.49B
| $6.15M | 0.01% |
118,200
-55,930
| -32% | -$2.91M |
|
|
OVTI
1217
DELISTED
OMNIVISION TECHNOLOGIES INC
OVTI
| $6.15M | 0.01% |
234,900
-35,947
| -13% | -$942K |
|
|
CYS
1218
DELISTED
CYS Investments Inc.
CYS
| $6.13M | 0.01% |
792,600
+120,200
| +18% | +$929K |
|
1219
Cleveland-Cliffs
CLF
$5.83B
| $6.11M | 0.01% |
1,412,000
+181,410
| +15% | +$786K |
|
|
LTRPA
1220
DELISTED
Liberty TripAdvisor Holdings, Inc. Series A
LTRPA
| $6.11M | 0.01% |
189,700
-2,764
| -1% | -$89.1K |
|
|
MDCO
1221
DELISTED
Medicines Co
MDCO
| $6.11M | 0.01% |
213,600
+100
| +0% | +$2.86K |
|
|
WPG
1222
DELISTED
Washington Prime Group Inc.
WPG
| $6.11M | 0.01% |
+50,176
| New | +$6.11M |
|
1223
Vishay Intertechnology
VSH
$2.08B
| $6.08M | 0.01% |
520,400
-304,023
| -37% | -$3.55M |
|
1224
Integra LifeSciences
IART
$1.19B
| $6.06M | 0.01% |
220,182
+25,687
| +13% | +$707K |
|
|
BMCH
1225
DELISTED
BMC Stock Holdings, Inc
BMCH
| $6.06M | 0.01% |
310,000
| – | – |
|