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 | |
|---|---|---|---|---|---|---|
251
Williams Companies
WMB
$70.1B
| $47.3M | 0.08% |
1,519,500
+25,565
| +2% | +$796K |
|
252
Sherwin-Williams
SHW
$90B
| $47.2M | 0.08% |
175,700
-17,200
| -9% | -$4.62M |
|
253
Boston Properties
BXP
$11.5B
| $47.1M | 0.08% |
374,748
-2,500
| -0.7% | -$314K |
|
254
NOV
NOV
$4.86B
| $46.8M | 0.08% |
1,250,582
-32,000
| -2% | -$1.2M |
|
255
Aptiv
APTV
$17.1B
| $46.8M | 0.08% |
694,600
-36,100
| -5% | -$2.43M |
|
256
Western Digital
WDC
$28.4B
| $46.6M | 0.08% |
686,030
-19,400
| -3% | -$1.32M |
|
257
Gen Digital
GEN
$18.2B
| $46.1M | 0.08% |
1,931,581
-65,700
| -3% | -$1.57M |
|
258
T Rowe Price
TROW
$23.2B
| $45.4M | 0.08% |
602,575
-25,100
| -4% | -$1.89M |
|
259
Lumen
LUMN
$4.92B
| $45.1M | 0.08% |
1,895,601
-83,400
| -4% | -$1.98M |
|
260
DTE Energy
DTE
$28.2B
| $45M | 0.08% |
456,316
-31,300
| -6% | -$3.08M |
|
261
Entergy
ETR
$39B
| $44.7M | 0.08% |
608,836
-32,000
| -5% | -$2.35M |
|
262
Nucor
NUE
$33.6B
| $44.7M | 0.08% |
750,661
-70,400
| -9% | -$4.19M |
|
263
Moody's
MCO
$89.4B
| $44.6M | 0.07% |
473,100
-26,800
| -5% | -$2.53M |
|
264
Principal Financial Group
PFG
$17.8B
| $44.5M | 0.07% |
768,400
+2,200
| +0.3% | +$127K |
|
265
Franklin Resources
BEN
$13.2B
| $44M | 0.07% |
1,112,716
-34,100
| -3% | -$1.35M |
|
266
Rockwell Automation
ROK
$38B
| $43M | 0.07% |
319,900
-9,400
| -3% | -$1.26M |
|
267
Vornado Realty Trust
VNO
$7.28B
| $42.5M | 0.07% |
407,213
-26,600
| -6% | -$2.78M |
|
268
Edwards Lifesciences
EW
$48B
| $42.3M | 0.07% |
451,700
-101,400
| -18% | -$9.5M |
|
269
Kellanova
K
$27.4B
| $42.3M | 0.07% |
574,054
-62,000
| -10% | -$4.57M |
|
270
Liberty Global Class C
LBTYK
$4.02B
| $42.1M | 0.07% |
1,417,483
-51,600
| -4% | -$1.53M |
|
271
Roper Technologies
ROP
$55.9B
| $42M | 0.07% |
229,400
-31,800
| -12% | -$5.82M |
|
272
Stanley Black & Decker
SWK
$11.1B
| $42M | 0.07% |
365,984
-23,400
| -6% | -$2.68M |
|
273
Tyson Foods
TSN
$20.1B
| $41.5M | 0.07% |
672,800
-56,000
| -8% | -$3.45M |
|
|
BCR
274
DELISTED
CR Bard Inc.
BCR
| $41.2M | 0.07% |
183,200
-405
| -0.2% | -$91K |
|
275
Lam Research
LRCX
$123B
| $41M | 0.07% |
387,500
-25,300
| -6% | -$2.67M |
|