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 |
Coca-Cola
KO
|
$203M |
| 2 |
PepsiCo
PEP
|
$200M |
| 3 |
NextEra Energy, Inc.
NEE
|
$113M |
| 4 |
Newmont
NEM
|
$111M |
| 5 |
McDonald's
MCD
|
$104M |
Top Sells
| 1 |
Apollo Global Management
APO
|
$512M |
| 2 |
Apple
AAPL
|
$248M |
| 3 |
Microsoft
MSFT
|
$209M |
| 4 |
JPMorgan Chase
JPM
|
$134M |
| 5 |
Alphabet (Google) Class A
GOOGL
|
$92.7M |
Sector Composition
| 1 | Technology | 16.08% |
| 2 | Financials | 14.88% |
| 3 | Healthcare | 13.46% |
| 4 | Consumer Discretionary | 9.93% |
| 5 | Consumer Staples | 9.41% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
276
HP
HPQ
$27.2B
| $69.3M | 0.08% |
3,332,099
-815,036
| -20% | -$16.9M |
|
277
Credicorp
BAP
$20.8B
| $69.1M | 0.08% |
301,830
-41,085
| -12% | -$9.4M |
|
278
UGI
UGI
$7.4B
| $68.4M | 0.08% |
1,279,966
+235,997
| +23% | +$12.6M |
|
|
WP
279
DELISTED
Worldpay, Inc.
WP
| $68.2M | 0.08% |
556,747
-25,462
| -4% | -$3.12M |
|
280
Sherwin-Williams
SHW
$93.1B
| $67.6M | 0.08% |
442,602
-17,373
| -4% | -$2.65M |
|
281
Constellation Brands
STZ
$25.6B
| $67.4M | 0.08% |
342,245
-19,666
| -5% | -$3.87M |
|
282
Lamb Weston
LW
$8.01B
| $67.3M | 0.08% |
1,062,095
+166,728
| +19% | +$10.6M |
|
283
TE Connectivity
TEL
$61.9B
| $67.2M | 0.08% |
701,489
-85,913
| -11% | -$8.23M |
|
284
F5
FFIV
$18.3B
| $67.2M | 0.08% |
461,311
+41,729
| +10% | +$6.08M |
|
285
SiriusXM
SIRI
$8.28B
| $66.8M | 0.08% |
1,197,603
+131,758
| +12% | +$7.35M |
|
286
Delta Air Lines
DAL
$40.2B
| $66.8M | 0.08% |
1,176,418
-262,733
| -18% | -$14.9M |
|
287
Domino's
DPZ
$15.6B
| $66.8M | 0.08% |
239,884
+14,458
| +6% | +$4.02M |
|
|
VER
288
DELISTED
VEREIT, Inc.
VER
| $66.5M | 0.08% |
1,477,068
+271,646
| +23% | +$12.2M |
|
289
Edwards Lifesciences
EW
$47.1B
| $66M | 0.08% |
1,071,972
-83,754
| -7% | -$5.16M |
|
290
Analog Devices
ADI
$122B
| $65.8M | 0.08% |
582,795
-23,201
| -4% | -$2.62M |
|
291
Digital Realty Trust
DLR
$54.7B
| $65.4M | 0.08% |
554,892
+74,040
| +15% | +$8.72M |
|
292
Yum China
YUMC
$16.2B
| $65.3M | 0.08% |
1,412,573
+162,469
| +13% | +$7.51M |
|
293
Truist Financial
TFC
$59.2B
| $65M | 0.08% |
1,323,304
-84,615
| -6% | -$4.16M |
|
294
AGNC Investment
AGNC
$10.8B
| $64.3M | 0.08% |
3,824,040
+638,076
| +20% | +$10.7M |
|
295
Cummins
CMI
$54.7B
| $64.3M | 0.08% |
375,253
-49,086
| -12% | -$8.41M |
|
296
NNN REIT
NNN
$8.12B
| $64M | 0.08% |
1,207,088
+265,308
| +28% | +$14.1M |
|
297
Roper Technologies
ROP
$56.2B
| $63.9M | 0.08% |
174,474
-1,068
| -0.6% | -$391K |
|
|
APC
298
DELISTED
Anadarko Petroleum
APC
| $63.3M | 0.07% |
897,260
-174,757
| -16% | -$12.3M |
|
299
Iron Mountain
IRM
$27.1B
| $62.1M | 0.07% |
1,982,765
+392,558
| +25% | +$12.3M |
|
300
NXP Semiconductors
NXPI
$57B
| $61.8M | 0.07% |
633,617
-89,150
| -12% | -$8.7M |
|