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 |
Fortive
FTV
|
$29.3M |
| 2 |
Procter & Gamble
PG
|
$21.8M |
| 3 |
INFO
IHS Markit Ltd. Common Shares
INFO
|
$21.3M |
| 4 |
Dell
DELL
|
$20.7M |
| 5 |
Marriott International Class A Common Stock
MAR
|
$20.7M |
Top Sells
| 1 |
EMC
EMC CORPORATION
EMC
|
$132M |
| 2 |
Apple
AAPL
|
$123M |
| 3 |
Exxon Mobil
XOM
|
$55.6M |
| 4 |
Herc Holdings
HRI
|
$54.3M |
| 5 |
JPMorgan Chase
JPM
|
$51M |
Sector Composition
| 1 | Financials | 15.67% |
| 2 | Technology | 14.76% |
| 3 | Healthcare | 13.19% |
| 4 | Industrials | 10.65% |
| 5 | Consumer Discretionary | 9.67% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
301
United Airlines
UAL
$34B
| $37.6M | 0.06% |
716,200
-40,300
| -5% | -$2.11M |
|
302
W.W. Grainger
GWW
$48.5B
| $37.6M | 0.06% |
167,028
-8,700
| -5% | -$1.96M |
|
303
Realty Income
O
$52.8B
| $37.5M | 0.06% |
560,239
-28,500
| -5% | -$1.91M |
|
304
Seagate
STX
$35.6B
| $37.4M | 0.06% |
969,200
-5,600
| -0.6% | -$216K |
|
|
MJN
305
DELISTED
Mead Johnson Nutrition Company
MJN
| $37.3M | 0.06% |
472,300
-15,900
| -3% | -$1.26M |
|
306
KeyCorp
KEY
$21.2B
| $37.3M | 0.06% |
3,065,368
+411,224
| +15% | +$5M |
|
|
CXO
307
DELISTED
CONCHO RESOURCES INC.
CXO
| $37.1M | 0.06% |
270,200
-14,800
| -5% | -$2.03M |
|
308
Vulcan Materials
VMC
$38.5B
| $36.9M | 0.06% |
324,700
-25,000
| -7% | -$2.84M |
|
309
Agilent Technologies
A
$35.6B
| $36.9M | 0.06% |
783,300
-39,300
| -5% | -$1.85M |
|
310
Citizens Financial Group
CFG
$22.6B
| $36.7M | 0.06% |
1,485,800
-30,500
| -2% | -$754K |
|
|
MMP
311
DELISTED
Magellan Midstream Partners, L.P.
MMP
| $36.6M | 0.06% |
517,600
-31,900
| -6% | -$2.26M |
|
312
Lincoln National
LNC
$8.14B
| $36.5M | 0.06% |
776,390
-39,400
| -5% | -$1.85M |
|
|
XLNX
313
DELISTED
Xilinx Inc
XLNX
| $36.2M | 0.06% |
666,412
-13,800
| -2% | -$750K |
|
|
CTXS
314
DELISTED
Citrix Systems Inc
CTXS
| $36M | 0.06% |
422,200
-11,900
| -3% | -$1.01M |
|
315
Best Buy
BBY
$15.6B
| $35.8M | 0.06% |
938,718
-54,100
| -5% | -$2.07M |
|
316
Ameren
AEE
$27B
| $35.8M | 0.06% |
728,500
-22,900
| -3% | -$1.13M |
|
317
Labcorp
LH
$23.1B
| $35.7M | 0.06% |
259,998
-14,500
| -5% | -$1.99M |
|
|
SHPG
318
DELISTED
Shire pic
SHPG
| $35.7M | 0.06% |
184,194
-20,033
| -10% | -$3.88M |
|
319
Digital Realty Trust
DLR
$57.2B
| $35.6M | 0.06% |
366,400
-23,700
| -6% | -$2.3M |
|
|
GGP
320
DELISTED
GGP Inc.
GGP
| $35.6M | 0.06% |
1,288,835
-84,100
| -6% | -$2.32M |
|
321
Ulta Beauty
ULTA
$22.1B
| $35.5M | 0.06% |
149,324
-8,500
| -5% | -$2.02M |
|
322
CenterPoint Energy
CNP
$24.6B
| $35.5M | 0.06% |
1,528,737
+5,200
| +0.3% | +$121K |
|
323
Autodesk
ADSK
$67.3B
| $34.9M | 0.06% |
482,900
-29,800
| -6% | -$2.16M |
|
324
Viatris
VTRS
$12.3B
| $34.7M | 0.06% |
909,509
+2,656
| +0.3% | +$101K |
|
325
Hershey
HSY
$37.3B
| $34.6M | 0.06% |
362,254
-59,000
| -14% | -$5.64M |
|