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 |
Walt Disney
DIS
|
$134M |
| 2 |
PepsiCo
PEP
|
$132M |
| 3 |
Coca-Cola
KO
|
$126M |
| 4 |
Procter & Gamble
PG
|
$109M |
| 5 |
Alphabet (Google) Class A
GOOGL
|
$106M |
Top Sells
| 1 |
ATH
Athene Holding Ltd. Class A Common Shares
ATH
|
$315M |
| 2 |
Mastercard
MA
|
$267M |
| 3 |
Apple
AAPL
|
$221M |
| 4 |
RTN
Raytheon Company
RTN
|
$149M |
| 5 |
Northrop Grumman
NOC
|
$131M |
Sector Composition
| 1 | Technology | 16.59% |
| 2 | Financials | 15.25% |
| 3 | Healthcare | 13.81% |
| 4 | Consumer Discretionary | 10.01% |
| 5 | Industrials | 8.73% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
XLNX
276
DELISTED
Xilinx Inc
XLNX
| $64.4M | 0.08% |
507,956
-73,494
| -13% | -$9.32M |
|
277
NXP Semiconductors
NXPI
$58.1B
| $63.9M | 0.08% |
722,767
-1,031,372
| -59% | -$91.2M |
|
278
Analog Devices
ADI
$121B
| $63.8M | 0.08% |
605,996
-7,096
| -1% | -$747K |
|
279
TE Connectivity
TEL
$60.2B
| $63.6M | 0.08% |
787,402
-3,823
| -0.5% | -$309K |
|
280
Constellation Brands
STZ
$26.5B
| $63.5M | 0.08% |
361,911
-447,033
| -55% | -$78.4M |
|
281
PPG Industries
PPG
$24.7B
| $63M | 0.08% |
557,821
-69,143
| -11% | -$7.8M |
|
282
Reinsurance Group of America
RGA
$12.8B
| $62.3M | 0.08% |
438,625
+61,667
| +16% | +$8.76M |
|
283
State Street
STT
$32B
| $62.2M | 0.08% |
944,736
-32,259
| -3% | -$2.12M |
|
284
Vanguard Real Estate ETF
VNQ
$34B
| $62.1M | 0.08% |
714,818
+24,116
| +3% | +$2.1M |
|
285
Fidelity National Financial
FNF
$15.9B
| $62M | 0.08% |
1,695,471
+333,833
| +25% | +$12.2M |
|
286
International Flavors & Fragrances
IFF
$17B
| $61.8M | 0.08% |
480,206
+105,341
| +28% | +$13.6M |
|
287
Globe Life
GL
$11.3B
| $61.8M | 0.08% |
754,032
+151,530
| +25% | +$12.4M |
|
288
NiSource
NI
$19.8B
| $61.3M | 0.08% |
2,140,252
+318,845
| +18% | +$9.14M |
|
|
JNPR
289
DELISTED
Juniper Networks
JNPR
| $61.1M | 0.08% |
2,307,902
+315,778
| +16% | +$8.36M |
|
290
Western Union
WU
$2.81B
| $60.9M | 0.08% |
3,296,474
+450,999
| +16% | +$8.33M |
|
291
Corning
GLW
$58.4B
| $60.8M | 0.07% |
1,836,305
-12,371
| -0.7% | -$409K |
|
292
Liberty Broadband Class C
LBRDK
$8.69B
| $60.6M | 0.07% |
660,792
+142,871
| +28% | +$13.1M |
|
293
Tesla
TSLA
$1.06T
| $60.6M | 0.07% |
216,376
+1,520
| +0.7% | +$425K |
|
294
Hasbro
HAS
$11.2B
| $60.5M | 0.07% |
711,122
+77,269
| +12% | +$6.57M |
|
295
SiriusXM
SIRI
$7.75B
| $60.4M | 0.07% |
10,658,445
+2,437,556
| +30% | +$13.8M |
|
296
Centene
CNC
$14.5B
| $60.3M | 0.07% |
1,136,287
+315,681
| +38% | +$16.8M |
|
297
Federal Realty Investment Trust
FRT
$8.55B
| $60.1M | 0.07% |
436,045
+77,800
| +22% | +$10.7M |
|
298
Roper Technologies
ROP
$55.8B
| $60M | 0.07% |
175,542
-4,988
| -3% | -$1.71M |
|
299
Williams Companies
WMB
$69.5B
| $60M | 0.07% |
2,089,017
-36,992
| -2% | -$1.06M |
|
300
Everest Group
EG
$14.4B
| $59.9M | 0.07% |
277,534
+19,929
| +8% | +$4.3M |
|