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 |
Apple
AAPL
|
$204M |
| 2 |
Exxon Mobil
XOM
|
$181M |
| 3 |
Alphabet (Google) Class C
GOOG
|
$158M |
| 4 |
Microsoft
MSFT
|
$144M |
| 5 |
Wells Fargo
WFC
|
$129M |
Top Sells
| 1 |
DELL
DELL INC
DELL
|
$68M |
| 2 |
Melco Resorts & Entertainment
MLCO
|
$50M |
| 3 |
NYX
NYSE EURONEXT INC
NYX
|
$31.4M |
| 4 |
SPDR S&P Emerging Markets Small Cap ETF
EWX
|
$31.4M |
| 5 |
Perrigo
PRGO
|
$28.7M |
Sector Composition
| 1 | Financials | 15.94% |
| 2 | Technology | 13.6% |
| 3 | Healthcare | 12.04% |
| 4 | Industrials | 11.44% |
| 5 | Energy | 9.79% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
251
W.W. Grainger
GWW
$48.5B
| $51.7M | 0.07% |
202,276
+24,088
| +14% | +$6.15M |
|
252
Coca-Cola Europacific Partners
CCEP
$40.4B
| $51.6M | 0.07% |
1,185,076
+316,206
| +36% | +$13.8M |
|
253
Liberty Global Class A
LBTYA
$4B
| $51.2M | 0.07% |
584,721
+41,897
| +8% | +$3.67M |
|
|
XLNX
254
DELISTED
Xilinx Inc
XLNX
| $51.2M | 0.07% |
1,132,154
+400,125
| +55% | +$18.1M |
|
255
Trane Technologies
TT
$92.5B
| $51.2M | 0.07% |
836,653
+33,700
| +4% | +$2.06M |
|
256
Regions Financial
RF
$24.4B
| $50.9M | 0.07% |
5,151,325
+768,266
| +18% | +$7.59M |
|
257
Progressive
PGR
$145B
| $50.9M | 0.07% |
1,879,609
+71,755
| +4% | +$1.94M |
|
|
SNDK
258
DELISTED
SANDISK CORP
SNDK
| $50.7M | 0.07% |
719,260
+133,353
| +23% | +$9.4M |
|
259
Cencora
COR
$56.5B
| $50.3M | 0.07% |
716,192
+30,890
| +5% | +$2.17M |
|
260
FirstEnergy
FE
$25.2B
| $50.3M | 0.07% |
1,569,183
+206,800
| +15% | +$6.63M |
|
261
Loews
L
$20.1B
| $50.2M | 0.07% |
1,045,880
+47,882
| +5% | +$2.3M |
|
262
Entergy
ETR
$39.3B
| $50.1M | 0.07% |
803,936
+117,138
| +17% | +$7.31M |
|
|
BRCM
263
DELISTED
BROADCOM CORP CL-A
BRCM
| $50.1M | 0.07% |
1,717,139
+305,838
| +22% | +$8.92M |
|
264
NRG Energy
NRG
$28.2B
| $49.9M | 0.07% |
1,753,127
+582,170
| +50% | +$16.6M |
|
265
Energy Transfer Partners
ET
$60.8B
| $49.1M | 0.07% |
598,600
+13,700
| +2% | +$1.12M |
|
266
Northern Trust
NTRS
$25B
| $49M | 0.07% |
794,131
+130,003
| +20% | +$8.02M |
|
267
Seagate
STX
$35.6B
| $48.9M | 0.07% |
873,639
-92,361
| -10% | -$5.17M |
|
268
Zimmer Biomet
ZBH
$21B
| $48.9M | 0.07% |
523,636
+32,757
| +7% | +$3.06M |
|
|
CERN
269
DELISTED
Cerner Corp
CERN
| $48.8M | 0.07% |
876,561
+64,565
| +8% | +$3.59M |
|
270
Consolidated Edison
ED
$35.4B
| $48.7M | 0.07% |
885,766
+50,226
| +6% | +$2.76M |
|
271
Interpublic Group of Companies
IPG
$9.83B
| $48.6M | 0.07% |
2,802,524
+1,299,469
| +86% | +$22.5M |
|
272
Wynn Resorts
WYNN
$13.2B
| $48.4M | 0.07% |
253,245
+19,995
| +9% | +$3.82M |
|
|
FRX
273
DELISTED
FOREST LABORATORIES INC
FRX
| $48.2M | 0.07% |
814,724
+48,872
| +6% | +$2.89M |
|
274
Vertex Pharmaceuticals
VRTX
$100B
| $48.1M | 0.07% |
651,790
+120,090
| +23% | +$8.86M |
|
|
QVCGA
275
QVC Group, Inc. Series A Common Stock
QVCGA
$69.2M
| $47.8M | 0.07% |
1,628,650
+103,250
| +7% | +$3.03M |
|