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 |
Intercontinental Exchange
ICE
|
$52.5M |
| 2 |
Coty
COTY
|
$42M |
| 3 |
Monster Beverage
MNST
|
$26.6M |
| 4 |
Yum China
YUMC
|
$22.3M |
| 5 |
Howmet Aerospace
HWM
|
$19M |
Top Sells
| 1 |
Apple
AAPL
|
$99.5M |
| 2 |
Alcoa
AA
|
$84.6M |
| 3 |
Synchrony
SYF
|
$72.8M |
| 4 |
Microsoft
MSFT
|
$68.4M |
| 5 |
JPMorgan Chase
JPM
|
$63.7M |
Sector Composition
| 1 | Financials | 17.68% |
| 2 | Technology | 14.39% |
| 3 | Healthcare | 12.29% |
| 4 | Industrials | 11.07% |
| 5 | Consumer Discretionary | 9.22% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
226
PACCAR
PCAR
$51.9B
| $53.8M | 0.09% |
842,707
-5,000
| -0.6% | -$320K |
|
227
Citizens Financial Group
CFG
$22.3B
| $53.5M | 0.09% |
1,502,700
+16,900
| +1% | +$602K |
|
|
STJ
228
DELISTED
St Jude Medical
STJ
| $53.3M | 0.09% |
664,801
-41,600
| -6% | -$3.34M |
|
229
Ventas
VTR
$30.9B
| $52.4M | 0.09% |
837,512
-11,700
| -1% | -$731K |
|
230
Newmont
NEM
$83.3B
| $52.2M | 0.09% |
1,531,716
-127,200
| -8% | -$4.33M |
|
231
Parker-Hannifin
PH
$95B
| $51.6M | 0.09% |
368,324
-12,400
| -3% | -$1.74M |
|
232
Lincoln National
LNC
$8.09B
| $51.4M | 0.09% |
775,190
-1,200
| -0.2% | -$79.5K |
|
233
AutoZone
AZO
$69.9B
| $51.3M | 0.09% |
64,973
-4,900
| -7% | -$3.87M |
|
234
AvalonBay Communities
AVB
$26.9B
| $51.1M | 0.09% |
288,696
-24,700
| -8% | -$4.38M |
|
235
Ameriprise Financial
AMP
$48.3B
| $51.1M | 0.09% |
460,428
-17,900
| -4% | -$1.99M |
|
|
ATVI
236
DELISTED
Activision Blizzard Inc.
ATVI
| $50.8M | 0.09% |
1,408,000
-175,000
| -11% | -$6.32M |
|
237
Progressive
PGR
$144B
| $50.8M | 0.09% |
1,431,011
-173,000
| -11% | -$6.14M |
|
238
Las Vegas Sands
LVS
$39.1B
| $50.8M | 0.09% |
951,100
+3,000
| +0.3% | +$160K |
|
239
Dollar General
DG
$24.3B
| $50.5M | 0.08% |
681,800
-16,600
| -2% | -$1.23M |
|
240
Trane Technologies
TT
$91.4B
| $50.4M | 0.08% |
671,353
-26,100
| -4% | -$1.96M |
|
241
WEC Energy
WEC
$34.1B
| $50M | 0.08% |
852,719
-75,600
| -8% | -$4.43M |
|
242
Northern Trust
NTRS
$24.7B
| $49.9M | 0.08% |
560,059
-28,500
| -5% | -$2.54M |
|
|
MRO
243
DELISTED
Marathon Oil Corporation
MRO
| $49.7M | 0.08% |
2,869,635
+39,100
| +1% | +$677K |
|
244
United Airlines
UAL
$33.9B
| $49.5M | 0.08% |
678,700
-37,500
| -5% | -$2.73M |
|
245
Analog Devices
ADI
$122B
| $48.3M | 0.08% |
665,200
-17,000
| -2% | -$1.23M |
|
246
Amphenol
APH
$133B
| $48.2M | 0.08% |
716,800
-40,500
| -5% | -$2.72M |
|
247
Carnival Corp
CCL
$42.2B
| $48M | 0.08% |
921,687
-94,465
| -9% | -$4.92M |
|
248
Paychex
PAYX
$49B
| $47.9M | 0.08% |
787,230
-87,677
| -10% | -$5.34M |
|
249
Electronic Arts
EA
$42.9B
| $47.4M | 0.08% |
601,900
-71,800
| -11% | -$5.66M |
|
250
VF Corp
VFC
$5.8B
| $47.3M | 0.08% |
887,012
-39,700
| -4% | -$2.12M |
|