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 |
Chubb
CB
|
$44.4M |
| 2 |
Broadcom
AVGO
|
$40.5M |
| 3 |
Chevron
CVX
|
$28.4M |
| 4 |
Weyerhaeuser
WY
|
$27.2M |
| 5 |
Dentsply Sirona
XRAY
|
$21.1M |
Top Sells
| 1 |
CB
CHUBB CORPORATION
CB
|
$93.8M |
| 2 |
PCP
PRECISION CASTPARTS CORP
PCP
|
$83.3M |
| 3 |
BRCM
BROADCOM CORP CL-A
BRCM
|
$79.2M |
| 4 |
Meta Platforms (Facebook)
META
|
$37.7M |
| 5 |
Alphabet (Google) Class C
GOOG
|
$35.7M |
Sector Composition
| 1 | Financials | 15.3% |
| 2 | Technology | 14.55% |
| 3 | Healthcare | 13.35% |
| 4 | Industrials | 10.85% |
| 5 | Consumer Discretionary | 9.91% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
BCR
276
DELISTED
CR Bard Inc.
BCR
| $43M | 0.07% |
212,105
-3,268
| -2% | -$662K |
|
277
Vertex Pharmaceuticals
VRTX
$102B
| $42.8M | 0.07% |
538,400
-60,300
| -10% | -$4.79M |
|
278
Stanley Black & Decker
SWK
$12.1B
| $42.8M | 0.07% |
406,584
-27,400
| -6% | -$2.88M |
|
279
Vornado Realty Trust
VNO
$7.93B
| $42.2M | 0.07% |
553,202
-34,142
| -6% | -$2.61M |
|
|
TYC
280
DELISTED
TYCO INTL PLC COM SHS (IRL)
TYC
| $42.2M | 0.07% |
1,097,391
-1,814
| -0.2% | -$69.7K |
|
281
W.W. Grainger
GWW
$47.5B
| $42.1M | 0.07% |
180,528
+2,800
| +2% | +$654K |
|
282
Perrigo
PRGO
$3.12B
| $42.1M | 0.07% |
329,300
-18,500
| -5% | -$2.37M |
|
|
283
Dentsply Sirona
XRAY
$2.92B
| $42M | 0.07% |
681,730
+342,230
| +101% | +$21.1M |
|
284
Northern Trust
NTRS
$24.3B
| $41.9M | 0.07% |
642,959
-55,500
| -8% | -$3.62M |
|
285
CMS Energy
CMS
$21.4B
| $41.8M | 0.07% |
985,747
+126,300
| +15% | +$5.36M |
|
286
Charter Communications
CHTR
$35.7B
| $41.3M | 0.07% |
204,161
-11,400
| -5% | -$2.31M |
|
287
American Water Works
AWK
$28B
| $41.1M | 0.07% |
596,769
-18,100
| -3% | -$1.25M |
|
|
HOT
288
DELISTED
STARWOOD HOTELS & RESORTS WORLDWIDE, INC.
HOT
| $40.6M | 0.07% |
487,200
+15,200
| +3% | +$1.27M |
|
289
J.M. Smucker
SJM
$12B
| $40.3M | 0.07% |
310,750
+31,800
| +11% | +$4.13M |
|
290
NOV
NOV
$4.95B
| $40.3M | 0.07% |
1,296,382
+113,800
| +10% | +$3.54M |
|
|
MJN
291
DELISTED
Mead Johnson Nutrition Company
MJN
| $39.8M | 0.06% |
468,900
-6,700
| -1% | -$569K |
|
292
Rockwell Automation
ROK
$38.2B
| $39.6M | 0.06% |
348,200
+7,800
| +2% | +$887K |
|
|
GGP
293
DELISTED
GGP Inc.
GGP
| $39.6M | 0.06% |
1,330,835
-57,200
| -4% | -$1.7M |
|
294
Gen Digital
GEN
$18.2B
| $39.4M | 0.06% |
2,142,081
+87,100
| +4% | +$1.6M |
|
295
Healthpeak Properties
DOC
$12.8B
| $39.3M | 0.06% |
1,325,242
-21,960
| -2% | -$652K |
|
296
Hershey
HSY
$37.6B
| $39.3M | 0.06% |
426,754
+21,000
| +5% | +$1.93M |
|
|
SNDK
297
DELISTED
SANDISK CORP
SNDK
| $39.2M | 0.06% |
515,000
-26,500
| -5% | -$2.02M |
|
298
DaVita
DVA
$9.86B
| $38.9M | 0.06% |
530,400
-16,900
| -3% | -$1.24M |
|
|
MMP
299
DELISTED
Magellan Midstream Partners, L.P.
MMP
| $38.8M | 0.06% |
564,400
-29,700
| -5% | -$2.04M |
|
300
Regions Financial
RF
$24.1B
| $38.2M | 0.06% |
4,866,025
+191,700
| +4% | +$1.5M |
|