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 |
Fortive
FTV
|
$29.3M |
| 2 |
Procter & Gamble
PG
|
$21.8M |
| 3 |
INFO
IHS Markit Ltd. Common Shares
INFO
|
$21.3M |
| 4 |
Dell
DELL
|
$20.7M |
| 5 |
Marriott International Class A Common Stock
MAR
|
$20.7M |
Top Sells
| 1 |
EMC
EMC CORPORATION
EMC
|
$132M |
| 2 |
Apple
AAPL
|
$123M |
| 3 |
Exxon Mobil
XOM
|
$55.6M |
| 4 |
Herc Holdings
HRI
|
$54.3M |
| 5 |
JPMorgan Chase
JPM
|
$51M |
Sector Composition
| 1 | Financials | 15.67% |
| 2 | Technology | 14.76% |
| 3 | Healthcare | 13.19% |
| 4 | Industrials | 10.65% |
| 5 | Consumer Discretionary | 9.67% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
226
Las Vegas Sands
LVS
$39.1B
| $54.6M | 0.09% |
948,100
-41,100
| -4% | -$2.36M |
|
227
Newell Brands
NWL
$2.45B
| $54.5M | 0.09% |
1,035,032
-66,500
| -6% | -$3.5M |
|
228
Tyson Foods
TSN
$20.1B
| $54.4M | 0.09% |
728,800
-43,100
| -6% | -$3.22M |
|
229
Lumen
LUMN
$4.92B
| $54.3M | 0.09% |
1,979,001
-53,800
| -3% | -$1.48M |
|
230
Moody's
MCO
$89.4B
| $54.1M | 0.09% |
499,900
-31,000
| -6% | -$3.36M |
|
231
AutoZone
AZO
$69.9B
| $53.7M | 0.09% |
69,873
-6,800
| -9% | -$5.22M |
|
232
PPL Corp
PPL
$26.9B
| $53.5M | 0.09% |
1,546,719
-69,200
| -4% | -$2.39M |
|
233
Sherwin-Williams
SHW
$90B
| $53.4M | 0.09% |
192,900
-16,500
| -8% | -$4.56M |
|
234
Zimmer Biomet
ZBH
$20.8B
| $52.2M | 0.09% |
401,506
-21,200
| -5% | -$2.76M |
|
235
Aptiv
APTV
$17.1B
| $52.1M | 0.09% |
730,700
-31,900
| -4% | -$2.28M |
|
236
VF Corp
VFC
$5.8B
| $51.9M | 0.09% |
926,712
-53,500
| -5% | -$3M |
|
237
Boston Properties
BXP
$11.5B
| $51.4M | 0.08% |
377,248
-15,600
| -4% | -$2.13M |
|
238
Fifth Third Bancorp
FITB
$30.2B
| $51.4M | 0.08% |
2,510,181
-95,900
| -4% | -$1.96M |
|
239
Paychex
PAYX
$49B
| $50.6M | 0.08% |
874,907
-50,200
| -5% | -$2.91M |
|
|
HES
240
DELISTED
Hess
HES
| $50.6M | 0.08% |
943,951
-43,300
| -4% | -$2.32M |
|
241
Progressive
PGR
$144B
| $50.5M | 0.08% |
1,604,011
-92,800
| -5% | -$2.92M |
|
242
Hartford Financial Services
HIG
$37.1B
| $50.4M | 0.08% |
1,178,091
-105,100
| -8% | -$4.5M |
|
243
Republic Services
RSG
$72.8B
| $50.4M | 0.08% |
998,413
-48,200
| -5% | -$2.43M |
|
244
Gen Digital
GEN
$18.2B
| $50.1M | 0.08% |
1,997,281
-12,600
| -0.6% | -$316K |
|
245
PACCAR
PCAR
$51.9B
| $49.8M | 0.08% |
847,707
-17,800
| -2% | -$1.05M |
|
246
Carnival Corp
CCL
$42.2B
| $49.6M | 0.08% |
1,016,152
-62,100
| -6% | -$3.03M |
|
247
Conagra Brands
CAG
$8.99B
| $49.3M | 0.08% |
1,046,200
-66,100
| -6% | -$3.11M |
|
248
Kellanova
K
$27.4B
| $49.3M | 0.08% |
636,054
-41,100
| -6% | -$3.18M |
|
249
Entergy
ETR
$39B
| $49.2M | 0.08% |
640,836
-27,000
| -4% | -$2.07M |
|
250
Amphenol
APH
$133B
| $49.2M | 0.08% |
757,300
-33,400
| -4% | -$2.17M |
|