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 |
YHOO
Yahoo Inc
YHOO
|
$84.3M |
| 2 |
Zoetis
ZTS
|
$65.3M |
| 3 |
Yum! Brands
YUM
|
$53.2M |
| 4 |
ATH
Athene Holding Ltd. Class A Common Shares
ATH
|
$45.7M |
| 5 |
Zimmer Biomet
ZBH
|
$40.6M |
Top Sells
| 1 |
Apollo Global Management
APO
|
$122M |
| 2 |
Apple
AAPL
|
$61.9M |
| 3 |
SE
Spectra Energy Corp Wi
SE
|
$57.7M |
| 4 |
STJ
St Jude Medical
STJ
|
$53.3M |
| 5 |
Microsoft
MSFT
|
$51.7M |
Sector Composition
| 1 | Financials | 17.68% |
| 2 | Technology | 15.06% |
| 3 | Healthcare | 12.81% |
| 4 | Industrials | 10.76% |
| 5 | Consumer Discretionary | 9.53% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
251
Northern Trust
NTRS
$24.1B
| $48.4M | 0.08% |
559,359
-700
| -0.1% | -$60.6K |
|
252
Devon Energy
DVN
$21.8B
| $48.4M | 0.08% |
1,159,371
-123,500
| -10% | -$5.15M |
|
253
Newmont
NEM
$83.4B
| $48.2M | 0.08% |
1,463,516
-68,200
| -4% | -$2.25M |
|
254
Boston Properties
BXP
$12B
| $48.2M | 0.08% |
364,048
-10,700
| -3% | -$1.42M |
|
255
Rockwell Automation
ROK
$38.8B
| $48.2M | 0.08% |
309,300
-10,600
| -3% | -$1.65M |
|
256
WEC Energy
WEC
$34.5B
| $48.1M | 0.08% |
793,019
-59,700
| -7% | -$3.62M |
|
257
NOV
NOV
$4.85B
| $47.9M | 0.08% |
1,194,482
-56,100
| -4% | -$2.25M |
|
258
Lam Research
LRCX
$133B
| $47.9M | 0.08% |
3,728,000
-147,000
| -4% | -$1.89M |
|
259
United Airlines
UAL
$34.7B
| $47.8M | 0.08% |
677,000
-1,700
| -0.3% | -$120K |
|
|
TFCFA
260
DELISTED
Twenty-First Century Fox, Inc. Class A
TFCFA
| $47.3M | 0.08% |
1,460,659
-985,200
| -40% | -$31.9M |
|
261
Principal Financial Group
PFG
$17.6B
| $46.8M | 0.08% |
741,200
-27,200
| -4% | -$1.72M |
|
262
Stanley Black & Decker
SWK
$12.1B
| $46.3M | 0.08% |
348,784
-17,200
| -5% | -$2.29M |
|
263
Williams Companies
WMB
$69.4B
| $46.2M | 0.08% |
1,562,800
+43,300
| +3% | +$1.28M |
|
264
AutoZone
AZO
$71.1B
| $46M | 0.08% |
63,573
-1,400
| -2% | -$1.01M |
|
265
Franklin Resources
BEN
$12.9B
| $45.9M | 0.07% |
1,088,616
-24,100
| -2% | -$1.02M |
|
266
Entergy
ETR
$38.7B
| $45.8M | 0.07% |
1,206,872
-10,800
| -0.9% | -$410K |
|
267
Incyte
INCY
$16.8B
| $45.8M | 0.07% |
342,600
-800
| -0.2% | -$107K |
|
268
Roper Technologies
ROP
$56B
| $45.8M | 0.07% |
221,700
-7,700
| -3% | -$1.59M |
|
269
DTE Energy
DTE
$28B
| $45.7M | 0.07% |
526,066
-10,105
| -2% | -$878K |
|
|
ATH
270
DELISTED
Athene Holding Ltd. Class A Common Shares
ATH
| $45.7M | 0.07% |
+917,964
| New | +$45.7M |
|
271
Newell Brands
NWL
$2.62B
| $45.5M | 0.07% |
965,582
+60,300
| +7% | +$2.84M |
|
272
Yum China
YUMC
$16.3B
| $44.8M | 0.07% |
1,679,524
+824,862
| +97% | +$22M |
|
273
Seagate
STX
$40.3B
| $44.7M | 0.07% |
974,100
+6,100
| +0.6% | +$280K |
|
|
HES
274
DELISTED
Hess
HES
| $44.2M | 0.07% |
917,751
-29,900
| -3% | -$1.44M |
|
275
Paychex
PAYX
$48.6B
| $44.1M | 0.07% |
748,230
-39,000
| -5% | -$2.3M |
|