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 |
TFCFA
Twenty-First Century Fox, Inc. Class A
TFCFA
|
$141M |
| 2 |
TFCF
Twenty-First Century Fox, Inc. Class B
TFCF
|
$41.7M |
| 3 |
Exxon Mobil
XOM
|
$40.9M |
| 4 |
Intel
INTC
|
$17.3M |
| 5 |
News Corp Class A
NWSA
|
$16.8M |
Top Sells
| 1 |
FON
SPRINT CORP FON COM
FON
|
$64.4M |
| 2 |
SPDR S&P Emerging Markets Small Cap ETF
EWX
|
$49.4M |
| 3 |
BMC
BMC SOFTWARE, INC
BMC
|
$21.9M |
| 4 |
Leidos
LDOS
|
$17.8M |
| 5 |
Halliburton
HAL
|
$15.6M |
Sector Composition
| 1 | Financials | 15.33% |
| 2 | Technology | 13.34% |
| 3 | Healthcare | 11.9% |
| 4 | Industrials | 11.15% |
| 5 | Energy | 10.08% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
GAP
301
The Gap, Inc.
GAP
$8.83B
| $36M | 0.07% |
894,588
-9,780
| -1% | -$394K |
|
302
Conagra Brands
CAG
$9.23B
| $35.8M | 0.07% |
1,516,790
-18,019
| -1% | -$425K |
|
|
QVCGA
303
QVC Group, Inc. Series A Common Stock
QVCGA
$73.3M
| $35.8M | 0.07% |
37,142
+1,240
| +3% | +$1.2M |
|
304
Stanley Black & Decker
SWK
$12.1B
| $35.6M | 0.07% |
392,584
+4,518
| +1% | +$409K |
|
|
LIFE
305
DELISTED
LIFE TECHNOLOGIES CORP COM STK (DE)
LIFE
| $35.4M | 0.07% |
473,374
+5,283
| +1% | +$395K |
|
306
Kohl's
KSS
$1.86B
| $35.3M | 0.07% |
682,469
+7,749
| +1% | +$401K |
|
307
M&T Bank
MTB
$31.2B
| $35M | 0.06% |
312,492
-2,618
| -0.8% | -$293K |
|
308
Coca-Cola Europacific Partners
CCEP
$40.4B
| $34.9M | 0.06% |
868,870
+22,382
| +3% | +$900K |
|
309
Aptiv
APTV
$17.5B
| $34.9M | 0.06% |
597,900
+10,375
| +2% | +$606K |
|
|
SNDK
310
DELISTED
SANDISK CORP
SNDK
| $34.9M | 0.06% |
585,907
+14,584
| +3% | +$868K |
|
311
Fastenal
FAST
$55.1B
| $34.7M | 0.06% |
2,765,200
-3,088
| -0.1% | -$38.8K |
|
312
The Mosaic Company
MOS
$10.3B
| $34.4M | 0.06% |
799,789
+27,742
| +4% | +$1.19M |
|
313
Dollar Tree
DLTR
$20.6B
| $34.3M | 0.06% |
600,590
+8,985
| +2% | +$514K |
|
|
XLNX
314
DELISTED
Xilinx Inc
XLNX
| $34.3M | 0.06% |
732,029
+16,810
| +2% | +$788K |
|
315
SiriusXM
SIRI
$8.1B
| $34.1M | 0.06% |
880,320
+27,618
| +3% | +$1.07M |
|
316
CF Industries
CF
$13.7B
| $34M | 0.06% |
805,310
+16,850
| +2% | +$711K |
|
|
WFT
317
DELISTED
Weatherford International plc
WFT
| $33.9M | 0.06% |
2,212,718
-5,527
| -0.2% | -$84.7K |
|
318
CenterPoint Energy
CNP
$24.7B
| $33.8M | 0.06% |
1,411,148
+20,243
| +1% | +$485K |
|
319
Whirlpool
WHR
$5.28B
| $33.7M | 0.06% |
230,455
-3,903
| -2% | -$572K |
|
320
Eversource Energy
ES
$23.6B
| $33.7M | 0.06% |
817,866
+12,688
| +2% | +$523K |
|
321
Fluor
FLR
$6.72B
| $33.7M | 0.06% |
475,436
+6,553
| +1% | +$465K |
|
|
HOT
322
DELISTED
STARWOOD HOTELS & RESORTS WORLDWIDE, INC.
HOT
| $33.6M | 0.06% |
505,464
+11,162
| +2% | +$742K |
|
323
TechnipFMC
FTI
$16B
| $33.5M | 0.06% |
812,717
+11,391
| +1% | +$470K |
|
324
KeyCorp
KEY
$20.8B
| $33.2M | 0.06% |
2,912,396
-224
| -0% | -$2.55K |
|
325
EQT Corp
EQT
$32.2B
| $33.1M | 0.06% |
685,298
+2,957
| +0.4% | +$143K |
|