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 |
Medtronic
MDT
|
$293M |
| 2 |
Visa
V
|
$274M |
| 3 |
AGN
Allergan plc
AGN
|
$103M |
| 4 |
Starbucks
SBUX
|
$102M |
| 5 |
Marathon Petroleum
MPC
|
$44.3M |
Top Sells
| 1 |
AGN
ALLERGAN INC
AGN
|
$179M |
| 2 |
Wells Fargo
WFC
|
$127M |
| 3 |
Microsoft
MSFT
|
$113M |
| 4 |
Occidental Petroleum
OXY
|
$96.6M |
| 5 |
Johnson & Johnson
JNJ
|
$94.6M |
Sector Composition
| 1 | Financials | 16.01% |
| 2 | Healthcare | 14.61% |
| 3 | Technology | 14.2% |
| 4 | Industrials | 10.79% |
| 5 | Consumer Discretionary | 9.3% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
TYC
276
DELISTED
TYCO INTL PLC COM SHS (IRL)
TYC
| $47.1M | 0.07% |
1,224,600
-186,170
| -13% | -$7.16M |
|
277
Healthpeak Properties
DOC
$12.5B
| $47M | 0.07% |
1,290,060
-171,192
| -12% | -$6.24M |
|
278
The Mosaic Company
MOS
$10.6B
| $47M | 0.07% |
1,004,089
-599,518
| -37% | -$28.1M |
|
279
FirstEnergy
FE
$25.1B
| $46.7M | 0.07% |
1,435,537
-608,229
| -30% | -$19.8M |
|
280
Entergy
ETR
$39B
| $46.5M | 0.07% |
658,936
-67,543
| -9% | -$4.76M |
|
281
DaVita
DVA
$9.79B
| $46.3M | 0.07% |
583,200
+25,400
| +5% | +$2.02M |
|
|
SIAL
282
DELISTED
SIGMA - ALDRICH CORP
SIAL
| $46.1M | 0.07% |
331,072
+13,800
| +4% | +$1.92M |
|
283
Stanley Black & Decker
SWK
$11.1B
| $45.8M | 0.07% |
435,084
-143,275
| -25% | -$15.1M |
|
284
Paychex
PAYX
$49B
| $45.5M | 0.07% |
971,207
+159,300
| +20% | +$7.47M |
|
285
Bread Financial
BFH
$3.05B
| $45.3M | 0.07% |
155,129
-49,986
| -24% | -$14.6M |
|
286
Pentair
PNR
$17.4B
| $44.9M | 0.07% |
652,800
-2,700
| -0.4% | -$186K |
|
|
MJN
287
DELISTED
Mead Johnson Nutrition Company
MJN
| $44.8M | 0.07% |
497,006
-14,129
| -3% | -$1.27M |
|
288
Western Digital
WDC
$28.4B
| $44.8M | 0.07% |
571,000
-164,532
| -22% | -$12.9M |
|
289
Edwards Lifesciences
EW
$48B
| $44.7M | 0.07% |
313,800
-171,173
| -35% | -$24.4M |
|
290
Kellanova
K
$27.4B
| $44M | 0.07% |
701,754
-14,700
| -2% | -$922K |
|
291
Rockwell Automation
ROK
$38B
| $44M | 0.07% |
352,700
+57,053
| +19% | +$7.11M |
|
292
Republic Services
RSG
$72.8B
| $43.9M | 0.07% |
1,119,713
+7,000
| +0.6% | +$274K |
|
293
Regions Financial
RF
$24B
| $43.5M | 0.07% |
4,201,125
-430,250
| -9% | -$4.46M |
|
|
MMP
294
DELISTED
Magellan Midstream Partners, L.P.
MMP
| $43.5M | 0.07% |
592,900
-14,298
| -2% | -$1.05M |
|
|
ATVI
295
DELISTED
Activision Blizzard Inc.
ATVI
| $43.3M | 0.07% |
1,790,000
-62,500
| -3% | -$1.51M |
|
296
Invesco
IVZ
$9.66B
| $43.3M | 0.07% |
1,155,261
-557,390
| -33% | -$20.9M |
|
297
Keurig Dr Pepper
KDP
$39.3B
| $43.2M | 0.06% |
593,118
-169,600
| -22% | -$12.4M |
|
298
Weyerhaeuser
WY
$18B
| $43M | 0.06% |
1,365,576
-310,095
| -19% | -$9.77M |
|
299
W.W. Grainger
GWW
$48.6B
| $42.9M | 0.06% |
181,469
| – | – |
|
300
NiSource
NI
$19.8B
| $42.8M | 0.06% |
937,875
+14,600
| +2% | +$666K |
|