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 |
AT&T
T
|
+$179M |
| 2 |
Alphabet (Google) Class C
GOOG
|
+$146M |
| 3 |
PepsiCo
PEP
|
+$65.1M |
| 4 |
Coca-Cola
KO
|
+$62.7M |
| 5 |
Pfizer
PFE
|
+$54.5M |
Top Sells
| 1 |
Alphabet (Google) Class A
GOOGL
|
+$279M |
| 2 |
TWX
Time Warner Inc
TWX
|
+$178M |
| 3 |
Apple
AAPL
|
+$164M |
| 4 |
Microsoft
MSFT
|
+$135M |
| 5 |
Amazon
AMZN
|
+$134M |
Sector Composition
| 1 | Financials | 17.85% |
| 2 | Technology | 16.79% |
| 3 | Healthcare | 13.11% |
| 4 | Consumer Discretionary | 10.49% |
| 5 | Industrials | 10.12% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
301
American Water Works
AWK
$27.3B
| $46.6M | 0.06% |
545,607
+91,270
| +20% | +$7.79M |
|
302
NOV
NOV
$4.92B
| $46.4M | 0.06% |
1,069,491
-101,731
| -9% | -$4.42M |
|
303
Dollar Tree
DLTR
$20.3B
| $46.3M | 0.06% |
544,467
-3,570
| -0.7% | -$303K |
|
304
JD.com
JD
$46.6B
| $46.1M | 0.06% |
1,184,415
-196,330
| -14% | -$7.65M |
|
305
Fortive
FTV
$16.2B
| $46.1M | 0.06% |
714,669
+5,030
| +0.7% | +$325K |
|
306
United Airlines
UAL
$34.9B
| $46M | 0.06% |
660,230
-72,464
| -10% | -$5.05M |
|
|
XLNX
307
DELISTED
Xilinx Inc
XLNX
| $45.9M | 0.06% |
703,862
+91,615
| +15% | +$5.98M |
|
|
CTXS
308
DELISTED
Citrix Systems Inc
CTXS
| $45.7M | 0.06% |
435,582
+22,016
| +5% | +$2.31M |
|
309
Hershey
HSY
$38B
| $45.4M | 0.06% |
487,700
+86,432
| +22% | +$8.04M |
|
310
Genuine Parts
GPC
$19.5B
| $45.4M | 0.06% |
494,166
+88,392
| +22% | +$8.11M |
|
311
Huntington Bancshares
HBAN
$25.9B
| $45.1M | 0.06% |
3,054,177
-15,122
| -0.5% | -$223K |
|
312
T-Mobile US
TMUS
$273B
| $44.8M | 0.06% |
749,082
+108,010
| +17% | +$6.45M |
|
313
Willis Towers Watson
WTW
$32.4B
| $44.6M | 0.06% |
293,889
+16,911
| +6% | +$2.56M |
|
314
Church & Dwight Co
CHD
$23B
| $44.5M | 0.06% |
837,917
+211,447
| +34% | +$11.2M |
|
315
Agilent Technologies
A
$36.3B
| $44.5M | 0.06% |
719,426
-68,485
| -9% | -$4.24M |
|
316
Everest Group
EG
$14.2B
| $44.3M | 0.06% |
192,023
+43,027
| +29% | +$9.92M |
|
317
Liberty Global Class C
LBTYK
$4.04B
| $44.3M | 0.06% |
1,663,081
+66,491
| +4% | +$1.77M |
|
|
CERN
318
DELISTED
Cerner Corp
CERN
| $44.1M | 0.06% |
737,971
+140,436
| +24% | +$8.4M |
|
|
JNPR
319
DELISTED
Juniper Networks
JNPR
| $43.9M | 0.06% |
1,601,463
+330,354
| +26% | +$9.06M |
|
320
Textron
TXT
$14.7B
| $43.7M | 0.06% |
662,854
-3,589
| -0.5% | -$237K |
|
321
Lear
LEA
$6B
| $43.7M | 0.06% |
235,101
+322
| +0.1% | +$59.8K |
|
|
ANSS
322
DELISTED
Ansys
ANSS
| $43.7M | 0.06% |
250,653
+35,923
| +17% | +$6.26M |
|
323
Extra Space Storage
EXR
$31.2B
| $43.7M | 0.06% |
437,369
+40,189
| +10% | +$4.01M |
|
324
Microchip Technology
MCHP
$35.2B
| $43.4M | 0.06% |
954,534
+36,370
| +4% | +$1.65M |
|
325
Kohl's
KSS
$1.86B
| $43.3M | 0.06% |
594,390
-222,807
| -27% | -$16.2M |
|