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 |
AT&T
T
|
+$179M |
| 2 |
Alphabet (Google) Class C
GOOG
|
+$146M |
| 3 |
PepsiCo
PEP
|
+$65.1M |
| 4 |
Coca-Cola
KO
|
+$62.7M |
| 5 |
Pfizer
PFE
|
+$54.5M |
Top Sells
| 1 |
Alphabet (Google) Class A
GOOGL
|
+$279M |
| 2 |
TWX
Time Warner Inc
TWX
|
+$178M |
| 3 |
Apple
AAPL
|
+$164M |
| 4 |
Microsoft
MSFT
|
+$135M |
| 5 |
Amazon
AMZN
|
+$134M |
Sector Composition
| 1 | Financials | 17.85% |
| 2 | Technology | 16.79% |
| 3 | Healthcare | 13.11% |
| 4 | Consumer Discretionary | 10.49% |
| 5 | Industrials | 10.12% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
251
Roper Technologies
ROP
$56.3B
| $55.8M | 0.08% |
202,177
-8,084
| -4% | -$2.23M |
|
252
Best Buy
BBY
$16.3B
| $55.7M | 0.08% |
746,798
-91,565
| -11% | -$6.83M |
|
253
Kellanova
K
$27.6B
| $55.4M | 0.08% |
844,643
+217,136
| +35% | +$14.2M |
|
254
L3Harris
LHX
$51.2B
| $55.3M | 0.08% |
382,575
+81,289
| +27% | +$11.7M |
|
255
Aptiv
APTV
$17.9B
| $55.1M | 0.08% |
601,040
-66,245
| -10% | -$6.07M |
|
256
Western Digital
WDC
$32.4B
| $54.9M | 0.08% |
937,532
+59,371
| +7% | +$3.47M |
|
257
PACCAR
PCAR
$51.6B
| $54.8M | 0.08% |
1,326,966
+50,460
| +4% | +$2.08M |
|
|
PXD
258
DELISTED
Pioneer Natural Resource Co.
PXD
| $54.6M | 0.08% |
288,531
-60,838
| -17% | -$11.5M |
|
259
Zimmer Biomet
ZBH
$20.7B
| $54.6M | 0.08% |
504,423
+34,202
| +7% | +$3.7M |
|
260
Darden Restaurants
DRI
$24.5B
| $54.4M | 0.08% |
508,345
+116,648
| +30% | +$12.5M |
|
261
Centene
CNC
$14.2B
| $54.4M | 0.08% |
882,618
+175,526
| +25% | +$10.8M |
|
262
PPL Corp
PPL
$26.4B
| $54.2M | 0.07% |
1,896,991
+365,925
| +24% | +$10.4M |
|
263
International Paper
IP
$25B
| $53.5M | 0.07% |
1,085,151
-28,846
| -3% | -$1.42M |
|
264
AutoZone
AZO
$71B
| $53.2M | 0.07% |
79,290
+9,137
| +13% | +$6.13M |
|
265
Citizens Financial Group
CFG
$22.3B
| $53.2M | 0.07% |
1,367,017
+10,048
| +0.7% | +$391K |
|
266
Rockwell Automation
ROK
$38.8B
| $53.1M | 0.07% |
319,419
-11,426
| -3% | -$1.9M |
|
267
W.W. Grainger
GWW
$47.7B
| $53.1M | 0.07% |
172,077
-37,367
| -18% | -$11.5M |
|
268
Monster Beverage
MNST
$61.5B
| $53M | 0.07% |
1,848,390
-421,862
| -19% | -$12.1M |
|
|
HES
269
DELISTED
Hess
HES
| $52.6M | 0.07% |
786,625
-78,653
| -9% | -$5.26M |
|
270
Nucor
NUE
$33.1B
| $52.6M | 0.07% |
841,647
+43,205
| +5% | +$2.7M |
|
|
PARA
271
DELISTED
Paramount Global Class B
PARA
| $52.5M | 0.07% |
934,516
-103,645
| -10% | -$5.83M |
|
|
WP
272
DELISTED
Worldpay, Inc.
WP
| $52.2M | 0.07% |
638,034
+12,140
| +2% | +$993K |
|
273
C.H. Robinson
CHRW
$14.9B
| $52.2M | 0.07% |
623,533
+109,058
| +21% | +$9.12M |
|
274
Parker-Hannifin
PH
$96.3B
| $52.1M | 0.07% |
334,201
-4,068
| -1% | -$634K |
|
275
Check Point Software Technologies
CHKP
$21.1B
| $52M | 0.07% |
532,390
+91,226
| +21% | +$8.91M |
|