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 |
TFCFA
Twenty-First Century Fox, Inc. Class A
TFCFA
|
$141M |
| 2 |
TFCF
Twenty-First Century Fox, Inc. Class B
TFCF
|
$41.7M |
| 3 |
Exxon Mobil
XOM
|
$40.9M |
| 4 |
Intel
INTC
|
$17.3M |
| 5 |
News Corp Class A
NWSA
|
$16.8M |
Top Sells
| 1 |
FON
SPRINT CORP FON COM
FON
|
$64.4M |
| 2 |
SPDR S&P Emerging Markets Small Cap ETF
EWX
|
$49.4M |
| 3 |
BMC
BMC SOFTWARE, INC
BMC
|
$21.9M |
| 4 |
Leidos
LDOS
|
$17.8M |
| 5 |
Halliburton
HAL
|
$15.6M |
Sector Composition
| 1 | Financials | 15.33% |
| 2 | Technology | 13.34% |
| 3 | Healthcare | 11.9% |
| 4 | Industrials | 11.15% |
| 5 | Energy | 10.08% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
DISCK
226
DELISTED
Discovery, Inc. Series C Common Stock
DISCK
| $46.5M | 0.09% |
1,191,600
+13,546
| +1% | +$529K |
|
227
Equity Residential
EQR
$25.5B
| $46.5M | 0.09% |
868,280
+8,457
| +1% | +$453K |
|
228
Consolidated Edison
ED
$35.4B
| $46.1M | 0.09% |
835,540
+21,027
| +3% | +$1.16M |
|
229
Fifth Third Bancorp
FITB
$30.2B
| $45.8M | 0.08% |
2,536,045
+43,105
| +2% | +$778K |
|
230
Ventas
VTR
$30.9B
| $45.7M | 0.08% |
651,179
+7,188
| +1% | +$505K |
|
231
Dover
DOV
$24.4B
| $45.6M | 0.08% |
757,923
+3,977
| +0.5% | +$239K |
|
232
Agilent Technologies
A
$36.5B
| $45.4M | 0.08% |
1,238,723
+30,838
| +3% | +$1.13M |
|
233
Humana
HUM
$37B
| $45.2M | 0.08% |
484,418
+2,612
| +0.5% | +$244K |
|
234
PPL Corp
PPL
$26.6B
| $44.8M | 0.08% |
1,582,844
+29,435
| +2% | +$833K |
|
|
STJ
235
DELISTED
St Jude Medical
STJ
| $44.7M | 0.08% |
834,138
+341
| +0% | +$18.3K |
|
|
AGN
236
DELISTED
Allergan plc
AGN
| $44.6M | 0.08% |
309,525
-6,646
| -2% | -$957K |
|
237
Parker-Hannifin
PH
$96.1B
| $44.4M | 0.08% |
408,232
+5,756
| +1% | +$626K |
|
238
Prologis
PLD
$105B
| $44.2M | 0.08% |
1,175,379
-1,795
| -0.2% | -$67.5K |
|
239
Entergy
ETR
$39.2B
| $43.4M | 0.08% |
1,373,596
+52,584
| +4% | +$1.66M |
|
240
Lincoln National
LNC
$7.98B
| $43.2M | 0.08% |
1,029,604
-24,937
| -2% | -$1.05M |
|
241
Liberty Global Class A
LBTYA
$4.05B
| $43.1M | 0.08% |
1,316,313
+26,776
| +2% | +$876K |
|
242
Kellanova
K
$27.8B
| $42.7M | 0.08% |
775,024
+5,626
| +0.7% | +$310K |
|
|
CERN
243
DELISTED
Cerner Corp
CERN
| $42.7M | 0.08% |
811,996
+8,920
| +1% | +$469K |
|
|
SWY
244
DELISTED
SAFEWAY INC
SWY
| $42.5M | 0.08% |
1,482,225
-31,221
| -2% | -$894K |
|
245
Melco Resorts & Entertainment
MLCO
$3.8B
| $42.4M | 0.08% |
1,331,000
+13,868
| +1% | +$441K |
|
246
Seagate
STX
$40B
| $42.3M | 0.08% |
966,000
+9,854
| +1% | +$431K |
|
247
Plains All American Pipeline
PAA
$12.1B
| $42.1M | 0.08% |
800,400
-438
| -0.1% | -$23.1K |
|
248
Cencora
COR
$56.7B
| $41.9M | 0.08% |
685,302
+1,952
| +0.3% | +$119K |
|
249
Sherwin-Williams
SHW
$92.9B
| $41.8M | 0.08% |
687,591
+8,406
| +1% | +$510K |
|
|
TFCF
250
DELISTED
Twenty-First Century Fox, Inc. Class B
TFCF
| $41.7M | 0.08% |
+1,247,500
| New | +$41.7M |
|