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 |
ATH
Athene Holding Ltd. Class A Common Shares
ATH
|
$282M |
| 2 |
Alphabet (Google) Class A
GOOGL
|
$224M |
| 3 |
JOBS
51job, Inc.
JOBS
|
$26.8M |
| 4 |
Intel
INTC
|
$24.2M |
| 5 |
WP
Worldpay, Inc.
WP
|
$22.7M |
Top Sells
| 1 |
Alphabet (Google) Class C
GOOG
|
$312M |
| 2 |
Amazon
AMZN
|
$153M |
| 3 |
Johnson & Johnson
JNJ
|
$75.8M |
| 4 |
Microsoft
MSFT
|
$69.7M |
| 5 |
Honeywell
HON
|
$60.9M |
Sector Composition
| 1 | Financials | 18.48% |
| 2 | Technology | 16.84% |
| 3 | Healthcare | 12.76% |
| 4 | Industrials | 10.6% |
| 5 | Consumer Discretionary | 10.45% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
XLNX
301
DELISTED
Xilinx Inc
XLNX
| $44.2M | 0.06% |
612,247
-19,147
| -3% | -$1.38M |
|
302
KLA
KLAC
$119B
| $44M | 0.06% |
403,287
-59,503
| -13% | -$6.49M |
|
303
Check Point Software Technologies
CHKP
$20.7B
| $43.8M | 0.06% |
441,164
-7,934
| -2% | -$788K |
|
|
HES
304
DELISTED
Hess
HES
| $43.8M | 0.06% |
865,278
-60,668
| -7% | -$3.07M |
|
305
Lear
LEA
$5.91B
| $43.7M | 0.06% |
234,779
+1,714
| +0.7% | +$319K |
|
|
ANDV
306
DELISTED
Andeavor
ANDV
| $43.7M | 0.06% |
434,415
+30,637
| +8% | +$3.08M |
|
307
PPL Corp
PPL
$26.6B
| $43.3M | 0.06% |
1,531,066
-314,806
| -17% | -$8.91M |
|
308
Franklin Resources
BEN
$13B
| $43.2M | 0.06% |
1,244,480
+146,708
| +13% | +$5.09M |
|
309
NOV
NOV
$4.95B
| $43.1M | 0.06% |
1,171,222
-82,256
| -7% | -$3.03M |
|
310
Dover
DOV
$24.4B
| $42.9M | 0.06% |
541,122
+1,239
| +0.2% | +$98.3K |
|
311
DTE Energy
DTE
$28.4B
| $42.9M | 0.06% |
482,397
-73,429
| -13% | -$6.52M |
|
312
Principal Financial Group
PFG
$17.8B
| $42.7M | 0.06% |
700,357
+1,996
| +0.3% | +$122K |
|
313
Republic Services
RSG
$71.7B
| $42.6M | 0.06% |
643,795
-275,982
| -30% | -$18.3M |
|
314
Mettler-Toledo International
MTD
$26.9B
| $42.3M | 0.06% |
73,592
-4,132
| -5% | -$2.38M |
|
315
Skyworks Solutions
SWKS
$11.2B
| $42.2M | 0.06% |
421,171
-14,570
| -3% | -$1.46M |
|
316
Willis Towers Watson
WTW
$32.1B
| $42.2M | 0.06% |
276,978
-13,594
| -5% | -$2.07M |
|
|
LLL
317
DELISTED
L3 Technologies, Inc.
LLL
| $42M | 0.06% |
201,752
+11,911
| +6% | +$2.48M |
|
318
Microchip Technology
MCHP
$35.6B
| $41.9M | 0.06% |
918,164
-101,756
| -10% | -$4.65M |
|
|
ETFC
319
DELISTED
E*Trade Financial Corporation
ETFC
| $41.3M | 0.06% |
745,323
+5,990
| +0.8% | +$332K |
|
320
Labcorp
LH
$23.2B
| $41.2M | 0.06% |
296,662
+8,166
| +3% | +$1.13M |
|
|
ETP
321
DELISTED
Energy Transfer Partners, L.P.
ETP
| $41.2M | 0.06% |
2,540,329
+112,660
| +5% | +$1.83M |
|
322
Ventas
VTR
$30.9B
| $40.9M | 0.06% |
826,576
-49,823
| -6% | -$2.47M |
|
|
MXIM
323
DELISTED
Maxim Integrated Products
MXIM
| $40.9M | 0.06% |
679,549
-32,850
| -5% | -$1.98M |
|
324
Eastman Chemical
EMN
$7.93B
| $40.6M | 0.06% |
384,650
+13,162
| +4% | +$1.39M |
|
325
FirstEnergy
FE
$25.1B
| $40.3M | 0.06% |
1,185,610
-312,370
| -21% | -$10.6M |
|