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 | |
|---|---|---|---|---|---|---|
|
JNPR
301
DELISTED
Juniper Networks
JNPR
| $37.9M | 0.06% |
1,485,431
-29,900
| -2% | -$763K |
|
302
Vulcan Materials
VMC
$39B
| $37.8M | 0.06% |
358,000
-27,800
| -7% | -$2.93M |
|
303
M&T Bank
MTB
$31.2B
| $37.7M | 0.06% |
339,774
+7,600
| +2% | +$844K |
|
|
XL
304
DELISTED
XL Group Ltd.
XL
| $37.6M | 0.06% |
1,021,700
-47,300
| -4% | -$1.74M |
|
305
Equifax
EFX
$30.8B
| $37.5M | 0.06% |
328,424
-6,400
| -2% | -$731K |
|
306
Nucor
NUE
$33.8B
| $37.5M | 0.06% |
792,261
-37,800
| -5% | -$1.79M |
|
307
Mattel
MAT
$6.06B
| $37.4M | 0.06% |
1,113,853
+4,600
| +0.4% | +$155K |
|
308
Willis Towers Watson
WTW
$32.1B
| $37.4M | 0.06% |
315,527
+157,312
| +99% | +$18.7M |
|
309
Lam Research
LRCX
$130B
| $37.3M | 0.06% |
4,516,000
-239,000
| -5% | -$1.97M |
|
310
Alaska Air
ALK
$7.28B
| $37.2M | 0.06% |
453,792
-19,000
| -4% | -$1.56M |
|
|
LVLT
311
DELISTED
Level 3 Communications Inc
LVLT
| $37.2M | 0.06% |
703,510
+3,500
| +0.5% | +$185K |
|
312
Whirlpool
WHR
$5.28B
| $37M | 0.06% |
205,211
-1,300
| -0.6% | -$234K |
|
313
Ameren
AEE
$27.2B
| $37M | 0.06% |
738,400
+2,000
| +0.3% | +$100K |
|
|
CERN
314
DELISTED
Cerner Corp
CERN
| $36.9M | 0.06% |
697,296
-62,400
| -8% | -$3.3M |
|
315
Blackstone
BX
$133B
| $36.6M | 0.06% |
1,304,200
-142,200
| -10% | -$3.99M |
|
316
Skyworks Solutions
SWKS
$11.2B
| $36.4M | 0.06% |
467,800
-29,700
| -6% | -$2.31M |
|
|
COL
317
DELISTED
Rockwell Collins
COL
| $35.6M | 0.06% |
385,678
-26,300
| -6% | -$2.43M |
|
318
Check Point Software Technologies
CHKP
$20.7B
| $35.5M | 0.06% |
405,800
-21,200
| -5% | -$1.85M |
|
319
Motorola Solutions
MSI
$79.8B
| $35.3M | 0.06% |
466,857
-27,200
| -6% | -$2.06M |
|
320
VeriSign
VRSN
$26.2B
| $35.3M | 0.06% |
398,902
-62,400
| -14% | -$5.52M |
|
321
Realty Income
O
$54.2B
| $35.3M | 0.06% |
583,017
+53,045
| +10% | +$3.21M |
|
322
Alcoa
AA
$8.24B
| $35M | 0.06% |
1,522,191
-2,372
| -0.2% | -$54.6K |
|
|
CTXS
323
DELISTED
Citrix Systems Inc
CTXS
| $35M | 0.06% |
559,961
+9,042
| +2% | +$566K |
|
|
XLNX
324
DELISTED
Xilinx Inc
XLNX
| $35M | 0.06% |
738,712
+2,500
| +0.3% | +$119K |
|
325
McCormick & Company Non-Voting
MKC
$19B
| $35M | 0.06% |
703,964
-32,600
| -4% | -$1.62M |
|