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 |
Kraft Heinz
KHC
|
$103M |
| 2 |
NETSCOUT
NTCT
|
$102M |
| 3 |
PayPal
PYPL
|
$87.9M |
| 4 |
Netflix
NFLX
|
$87.2M |
| 5 |
AT&T
T
|
$53.9M |
Top Sells
| 1 |
Alphabet (Google) Class C
GOOG
|
$798M |
| 2 |
DTV
DIRECTV COM STK (DE)
DTV
|
$134M |
| 3 |
KRFT
KRAFT FOODS GROUP INC COM STK (VA)
KRFT
|
$129M |
| 4 |
Apple
AAPL
|
$56.2M |
| 5 |
Danaher
DHR
|
$50.5M |
Sector Composition
| 1 | Financials | 16.47% |
| 2 | Technology | 14.3% |
| 3 | Healthcare | 14.2% |
| 4 | Industrials | 10.81% |
| 5 | Consumer Discretionary | 9.87% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
251
T Rowe Price
TROW
$23B
| $45.9M | 0.08% |
660,375
-17,500
| -3% | -$1.22M |
|
252
Northern Trust
NTRS
$24.5B
| $45.8M | 0.08% |
671,759
-19,200
| -3% | -$1.31M |
|
253
Republic Services
RSG
$72.5B
| $45.8M | 0.08% |
1,110,613
-9,100
| -0.8% | -$375K |
|
|
BXLT
254
DELISTED
BAXALTA INC COM STK (DE)
BXLT
| $45.7M | 0.08% |
+1,450,424
| New | +$45.7M |
|
255
International Paper
IP
$25.9B
| $45.5M | 0.08% |
1,203,548
-37,500
| -3% | -$1.42M |
|
256
Macy's
M
$3.62B
| $45.3M | 0.08% |
883,200
-74,300
| -8% | -$3.81M |
|
257
Lumen
LUMN
$4.89B
| $45.2M | 0.08% |
1,799,601
-9,000
| -0.5% | -$226K |
|
258
Paychex
PAYX
$48.9B
| $45M | 0.08% |
945,507
-25,700
| -3% | -$1.22M |
|
259
Devon Energy
DVN
$23.1B
| $44.8M | 0.08% |
1,207,871
+25,800
| +2% | +$957K |
|
|
SIAL
260
DELISTED
SIGMA - ALDRICH CORP
SIAL
| $44.7M | 0.08% |
321,972
-9,100
| -3% | -$1.26M |
|
261
Western Digital
WDC
$27.8B
| $44.3M | 0.08% |
558,000
-13,000
| -2% | -$1.03M |
|
262
NOV
NOV
$4.86B
| $44.3M | 0.08% |
1,176,782
+3,800
| +0.3% | +$143K |
|
263
Vornado Realty Trust
VNO
$7.28B
| $44M | 0.07% |
486,913
-13,000
| -3% | -$1.18M |
|
264
Skyworks Solutions
SWKS
$10.7B
| $43.7M | 0.07% |
518,700
-15,000
| -3% | -$1.26M |
|
265
Franklin Resources
BEN
$13.1B
| $43.6M | 0.07% |
1,170,416
-21,500
| -2% | -$801K |
|
266
Amphenol
APH
$132B
| $43.6M | 0.07% |
855,300
-44,500
| -5% | -$2.27M |
|
267
FirstEnergy
FE
$25B
| $43.5M | 0.07% |
1,388,237
-47,300
| -3% | -$1.48M |
|
268
Analog Devices
ADI
$121B
| $43.4M | 0.07% |
769,000
+4,600
| +0.6% | +$259K |
|
269
Edwards Lifesciences
EW
$47.9B
| $43.3M | 0.07% |
304,700
-9,100
| -3% | -$1.29M |
|
|
PXD
270
DELISTED
Pioneer Natural Resource Co.
PXD
| $43.1M | 0.07% |
354,709
+500
| +0.1% | +$60.8K |
|
271
DTE Energy
DTE
$28.1B
| $42.9M | 0.07% |
533,316
-15,700
| -3% | -$1.26M |
|
272
NVIDIA
NVDA
$4.1T
| $42.8M | 0.07% |
1,736,800
-33,300
| -2% | -$821K |
|
273
Clorox
CLX
$14.6B
| $42.6M | 0.07% |
369,000
-14,200
| -4% | -$1.64M |
|
274
Under Armour
UAA
$2.17B
| $42.3M | 0.07% |
437,300
-20,100
| -4% | -$1.95M |
|
|
SE
275
DELISTED
Spectra Energy Corp Wi
SE
| $42.2M | 0.07% |
1,605,500
+48,600
| +3% | +$1.28M |
|