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 |
Exxon Mobil
XOM
|
$1.12B |
| 2 |
Apple
AAPL
|
$961M |
| 3 |
Microsoft
MSFT
|
$719M |
| 4 |
GE Aerospace
GE
|
$679M |
| 5 |
Johnson & Johnson
JNJ
|
$661M |
Top Sells
Sector Composition
| 1 | Financials | 15.68% |
| 2 | Technology | 13.22% |
| 3 | Healthcare | 11.84% |
| 4 | Industrials | 10.81% |
| 5 | Energy | 10.12% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
226
Loews
L
$20B
| $44.4M | 0.09% |
+1,000,844
| New | +$44.4M |
|
227
Prologis
PLD
$105B
| $44.4M | 0.09% |
+1,177,174
| New | +$44.4M |
|
|
SPLS
228
DELISTED
Staples Inc
SPLS
| $44.3M | 0.09% |
+2,791,115
| New | +$44.3M |
|
229
Trane Technologies
TT
$92.1B
| $44.2M | 0.09% |
+997,705
| New | +$44.2M |
|
230
PPL Corp
PPL
$26.6B
| $43.8M | 0.09% |
+1,553,409
| New | +$43.8M |
|
231
Boston Scientific
BSX
$159B
| $43.2M | 0.09% |
+4,659,214
| New | +$43.2M |
|
232
Cardinal Health
CAH
$35.7B
| $43.1M | 0.09% |
+912,607
| New | +$43.1M |
|
233
Seagate
STX
$40B
| $42.9M | 0.09% |
+956,146
| New | +$42.9M |
|
|
CHK
234
DELISTED
Chesapeake Energy Corporation
CHK
| $42.8M | 0.09% |
+11,092
| New | +$42.8M |
|
235
Mattel
MAT
$6.06B
| $42.1M | 0.08% |
+929,991
| New | +$42.1M |
|
236
Regeneron Pharmaceuticals
REGN
$60.8B
| $41.9M | 0.08% |
+186,431
| New | +$41.9M |
|
237
Conagra Brands
CAG
$9.23B
| $41.7M | 0.08% |
+1,534,809
| New | +$41.7M |
|
238
The Mosaic Company
MOS
$10.3B
| $41.5M | 0.08% |
+772,047
| New | +$41.5M |
|
239
Micron Technology
MU
$147B
| $41.5M | 0.08% |
+2,898,329
| New | +$41.5M |
|
240
Vertex Pharmaceuticals
VRTX
$102B
| $41.4M | 0.08% |
+517,921
| New | +$41.4M |
|
241
Regions Financial
RF
$24.1B
| $41.1M | 0.08% |
+4,315,067
| New | +$41.1M |
|
|
DISCK
242
DELISTED
Discovery, Inc. Series C Common Stock
DISCK
| $41M | 0.08% |
+1,178,054
| New | +$41M |
|
243
Humana
HUM
$37B
| $40.7M | 0.08% |
+481,806
| New | +$40.7M |
|
244
Boston Properties
BXP
$12.2B
| $40.1M | 0.08% |
+379,897
| New | +$40.1M |
|
245
Sherwin-Williams
SHW
$92.9B
| $40M | 0.08% |
+679,185
| New | +$40M |
|
|
AGN
246
DELISTED
Allergan plc
AGN
| $39.9M | 0.08% |
+316,171
| New | +$39.9M |
|
247
Delta Air Lines
DAL
$39.9B
| $39.7M | 0.08% |
+2,122,841
| New | +$39.7M |
|
248
AutoZone
AZO
$70.6B
| $39.5M | 0.08% |
+93,339
| New | +$39.5M |
|
249
Liberty Global Class A
LBTYA
$4.05B
| $39.4M | 0.08% |
+1,289,537
| New | +$39.4M |
|
250
Best Buy
BBY
$16.1B
| $39.4M | 0.08% |
+1,440,037
| New | +$39.4M |
|