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
|
$1.51B |
| 2 |
Alphabet (Google) Class C
GOOG
|
$495M |
| 3 |
Union Pacific
UNP
|
$137M |
| 4 |
CELG
Celgene Corp
CELG
|
$116M |
| 5 |
Comcast
CMCSA
|
$73.1M |
Top Sells
| 1 |
SPDR S&P Emerging Markets Small Cap ETF
EWX
|
$67.3M |
| 2 |
CMCSK
COMCAST CORP SPL A (NEW)
CMCSK
|
$65.9M |
| 3 |
Synovus
SNV
|
$55.9M |
| 4 |
Exxon Mobil
XOM
|
$36.8M |
| 5 |
WFT
Weatherford International plc
WFT
|
$36.7M |
Sector Composition
| 1 | Financials | 15.85% |
| 2 | Technology | 13.84% |
| 3 | Healthcare | 12.47% |
| 4 | Industrials | 10.95% |
| 5 | Energy | 10.25% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
251
Wynn Resorts
WYNN
$13.1B
| $56.4M | 0.08% |
271,745
+7,600
| +3% | +$1.58M |
|
252
Kellanova
K
$27.4B
| $56.3M | 0.08% |
857,202
+7,210
| +0.8% | +$474K |
|
253
Southwest Airlines
LUV
$17B
| $56.2M | 0.08% |
2,091,417
-177,895
| -8% | -$4.78M |
|
254
Zoetis
ZTS
$67.4B
| $55.6M | 0.08% |
1,723,085
-873,690
| -34% | -$28.2M |
|
255
United Airlines
UAL
$34.3B
| $55.5M | 0.08% |
1,352,065
+104,569
| +8% | +$4.29M |
|
256
TSMC
TSM
$1.2T
| $54.4M | 0.07% |
2,543,558
+678,501
| +36% | +$14.5M |
|
257
Carnival Corp
CCL
$42.5B
| $54.3M | 0.07% |
1,443,212
+300
| +0% | +$11.3K |
|
258
AutoZone
AZO
$70B
| $54.1M | 0.07% |
100,973
-5,100
| -5% | -$2.73M |
|
|
XLNX
259
DELISTED
Xilinx Inc
XLNX
| $54.1M | 0.07% |
1,142,721
-34,516
| -3% | -$1.63M |
|
|
KMP
260
DELISTED
KINDER MORGAN ENER PNTRS L.P.
KMP
| $53.8M | 0.07% |
654,403
-19,272
| -3% | -$1.58M |
|
261
Progressive
PGR
$144B
| $53.3M | 0.07% |
2,102,209
+224,937
| +12% | +$5.7M |
|
262
Estee Lauder
EL
$32.6B
| $53.2M | 0.07% |
715,798
+15,956
| +2% | +$1.18M |
|
|
MBT
263
DELISTED
Mobile TeleSystems Public Joint Stock Company American Depositary Shares (Each representing 2 Shares
MBT
| $53.1M | 0.07% |
2,689,909
+143,000
| +6% | +$2.82M |
|
|
MJN
264
DELISTED
Mead Johnson Nutrition Company
MJN
| $53.1M | 0.07% |
569,510
+7,720
| +1% | +$719K |
|
265
Ventas
VTR
$30.7B
| $53M | 0.07% |
827,080
-20,416
| -2% | -$1.31M |
|
266
Chipotle Mexican Grill
CMG
$56.1B
| $53M | 0.07% |
89,454
-4,893
| -5% | -$2.9M |
|
267
The Mosaic Company
MOS
$10.4B
| $52.4M | 0.07% |
1,060,264
+101,875
| +11% | +$5.04M |
|
268
Avnet
AVT
$4.37B
| $52.1M | 0.07% |
1,176,312
-45,750
| -4% | -$2.03M |
|
269
EQT Corp
EQT
$32B
| $52.1M | 0.07% |
487,237
+20,870
| +4% | +$2.23M |
|
270
KeyCorp
KEY
$20.6B
| $52.1M | 0.07% |
3,634,384
-6,110
| -0.2% | -$87.6K |
|
271
Healthpeak Properties
DOC
$12.3B
| $52M | 0.07% |
1,257,310
-8,900
| -0.7% | -$368K |
|
272
Xerox
XRX
$482M
| $52M | 0.07% |
4,181,354
-58,000
| -1% | -$722K |
|
273
DTE Energy
DTE
$28.1B
| $51.4M | 0.07% |
660,516
+19,500
| +3% | +$1.52M |
|
274
Northern Trust
NTRS
$24.5B
| $51.4M | 0.07% |
800,659
-19,700
| -2% | -$1.26M |
|
275
Cencora
COR
$56.9B
| $51.3M | 0.07% |
706,434
-11,558
| -2% | -$840K |
|