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 | |
|---|---|---|---|---|---|---|
276
Eversource Energy
ES
$23.6B
| $40.9M | 0.07% |
741,000
-47,300
| -6% | -$2.61M |
|
277
Dollar Tree
DLTR
$23.2B
| $40.6M | 0.07% |
526,580
-73,300
| -12% | -$5.66M |
|
278
FirstEnergy
FE
$25.1B
| $40.5M | 0.07% |
1,308,737
-6,800
| -0.5% | -$211K |
|
279
Newell Brands
NWL
$2.45B
| $40.4M | 0.07% |
905,282
-129,750
| -13% | -$5.79M |
|
|
CXO
280
DELISTED
CONCHO RESOURCES INC.
CXO
| $40.4M | 0.07% |
304,400
+34,200
| +13% | +$4.53M |
|
281
Huntington Bancshares
HBAN
$25.8B
| $40.3M | 0.07% |
3,047,598
-222,400
| -7% | -$2.94M |
|
282
Zimmer Biomet
ZBH
$20.8B
| $40.3M | 0.07% |
390,206
-11,300
| -3% | -$1.17M |
|
283
Keurig Dr Pepper
KDP
$39.3B
| $40M | 0.07% |
441,018
-62,700
| -12% | -$5.68M |
|
284
Best Buy
BBY
$15.7B
| $40M | 0.07% |
936,318
-2,400
| -0.3% | -$102K |
|
|
285
Monster Beverage
MNST
$61.2B
| $39.6M | 0.07% |
894,100
+599,600
| +204% | +$26.6M |
|
|
MMP
286
DELISTED
Magellan Midstream Partners, L.P.
MMP
| $39.2M | 0.07% |
518,300
+700
| +0.1% | +$52.9K |
|
287
Estee Lauder
EL
$32.7B
| $39.1M | 0.07% |
511,442
-43,134
| -8% | -$3.3M |
|
288
Illumina
ILMN
$15.5B
| $38.5M | 0.06% |
300,400
-22,200
| -7% | -$2.84M |
|
289
American Water Works
AWK
$27.6B
| $38.2M | 0.06% |
528,300
-28,669
| -5% | -$2.07M |
|
|
CHK
290
DELISTED
Chesapeake Energy Corporation
CHK
| $38.2M | 0.06% |
5,438,474
+319,300
| +6% | +$2.24M |
|
291
Conagra Brands
CAG
$8.99B
| $38.2M | 0.06% |
964,900
-81,300
| -8% | -$3.22M |
|
292
Hershey
HSY
$37.7B
| $37.8M | 0.06% |
365,754
+3,500
| +1% | +$362K |
|
|
XLNX
293
DELISTED
Xilinx Inc
XLNX
| $37.8M | 0.06% |
625,912
-40,500
| -6% | -$2.44M |
|
|
VIAB
294
DELISTED
Viacom Inc. Class B
VIAB
| $37.2M | 0.06% |
1,060,218
-38,800
| -4% | -$1.36M |
|
295
Quest Diagnostics
DGX
$20B
| $37.1M | 0.06% |
403,820
-4,000
| -1% | -$368K |
|
296
Seagate
STX
$36.3B
| $36.9M | 0.06% |
968,000
-1,200
| -0.1% | -$45.8K |
|
297
W.W. Grainger
GWW
$48.6B
| $36.8M | 0.06% |
158,528
-8,500
| -5% | -$1.97M |
|
298
Molson Coors Class B
TAP
$9.94B
| $36.8M | 0.06% |
378,000
+63,900
| +20% | +$6.22M |
|
299
Host Hotels & Resorts
HST
$11.7B
| $36.8M | 0.06% |
1,952,219
+12,700
| +0.7% | +$239K |
|
300
Loews
L
$20B
| $36.6M | 0.06% |
781,280
-31,600
| -4% | -$1.48M |
|