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 | 10.78% |
| 5 | Energy | 10.12% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
LNKD
251
DELISTED
LinkedIn Corporation
LNKD
| $39.3M | 0.08% |
+220,655
| New | +$39.3M |
|
252
AvalonBay Communities
AVB
$27.6B
| $39.3M | 0.08% |
+291,426
| New | +$39.3M |
|
253
Dover
DOV
$24B
| $39.2M | 0.08% |
+753,946
| New | +$39.2M |
|
254
Tapestry
TPR
$21.7B
| $39M | 0.08% |
+683,968
| New | +$39M |
|
255
Western Digital
WDC
$32.9B
| $39M | 0.08% |
+830,774
| New | +$39M |
|
256
Northern Trust
NTRS
$24.6B
| $38.8M | 0.08% |
+669,731
| New | +$38.8M |
|
|
CERN
257
DELISTED
Cerner Corp
CERN
| $38.6M | 0.08% |
+803,076
| New | +$38.6M |
|
258
Invesco
IVZ
$9.94B
| $38.6M | 0.08% |
+1,212,565
| New | +$38.6M |
|
|
MJN
259
DELISTED
Mead Johnson Nutrition Company
MJN
| $38.5M | 0.08% |
+486,315
| New | +$38.5M |
|
|
CAM
260
DELISTED
CAMERON INTERNATIONAL CORPORATION
CAM
| $38.5M | 0.08% |
+629,992
| New | +$38.5M |
|
261
Newmont
NEM
$83.1B
| $38.5M | 0.08% |
+1,284,487
| New | +$38.5M |
|
262
Lincoln National
LNC
$7.88B
| $38.5M | 0.08% |
+1,054,541
| New | +$38.5M |
|
263
Parker-Hannifin
PH
$95.6B
| $38.4M | 0.08% |
+402,476
| New | +$38.4M |
|
264
Cencora
COR
$58B
| $38.2M | 0.08% |
+683,350
| New | +$38.2M |
|
|
STJ
265
DELISTED
St Jude Medical
STJ
| $38M | 0.08% |
+833,797
| New | +$38M |
|
|
GAP
266
The Gap, Inc.
GAP
$8.94B
| $37.7M | 0.08% |
+904,368
| New | +$37.7M |
|
267
Xcel Energy
XEL
$42.5B
| $37.7M | 0.08% |
+1,330,144
| New | +$37.7M |
|
268
Estee Lauder
EL
$32.1B
| $37.6M | 0.08% |
+571,340
| New | +$37.6M |
|
269
Carnival Corp
CCL
$43B
| $37.6M | 0.08% |
+1,095,739
| New | +$37.6M |
|
270
Vornado Realty Trust
VNO
$7.65B
| $37M | 0.07% |
+610,196
| New | +$37M |
|
271
Agilent Technologies
A
$36B
| $36.9M | 0.07% |
+1,207,885
| New | +$36.9M |
|
272
Zimmer Biomet
ZBH
$20.7B
| $36.9M | 0.07% |
+506,916
| New | +$36.9M |
|
273
Coterra Energy
CTRA
$18.3B
| $36.8M | 0.07% |
+1,036,744
| New | +$36.8M |
|
274
DTE Energy
DTE
$28.1B
| $36.8M | 0.07% |
+645,458
| New | +$36.8M |
|
275
Hershey
HSY
$38.1B
| $36.4M | 0.07% |
+407,652
| New | +$36.4M |
|