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 | |
|---|---|---|---|---|---|---|
326
Quest Diagnostics
DGX
$19.9B
| $34.5M | 0.06% |
407,820
-17,100
| -4% | -$1.45M |
|
327
Molson Coors Class B
TAP
$9.9B
| $34.5M | 0.06% |
314,100
-17,800
| -5% | -$1.95M |
|
328
Dentsply Sirona
XRAY
$2.77B
| $34.4M | 0.06% |
578,930
-63,700
| -10% | -$3.79M |
|
329
TransDigm Group
TDG
$73B
| $34.4M | 0.06% |
119,000
-3,400
| -3% | -$983K |
|
330
Waters Corp
WAT
$17.5B
| $34.4M | 0.06% |
216,800
-6,400
| -3% | -$1.01M |
|
|
LLL
331
DELISTED
L3 Technologies, Inc.
LLL
| $34.1M | 0.06% |
226,424
-15,500
| -6% | -$2.34M |
|
332
Alcoa
AA
$8.03B
| $34.1M | 0.06% |
3,361,626
-232,000
| -6% | -$2.35M |
|
333
Dover
DOV
$24B
| $33.6M | 0.06% |
456,348
-16,600
| -4% | -$1.22M |
|
334
Loews
L
$19.9B
| $33.5M | 0.06% |
812,880
-28,800
| -3% | -$1.19M |
|
|
NBL
335
DELISTED
Noble Energy, Inc.
NBL
| $33.4M | 0.05% |
933,784
-56,300
| -6% | -$2.01M |
|
336
Acuity Brands
AYI
$10.2B
| $33.3M | 0.05% |
125,950
-5,600
| -4% | -$1.48M |
|
337
Ball Corp
BALL
$13.6B
| $33.3M | 0.05% |
406,076
-24,403
| -6% | -$2M |
|
|
RHT
338
DELISTED
Red Hat Inc
RHT
| $33.1M | 0.05% |
410,100
-33,700
| -8% | -$2.72M |
|
339
Idexx Laboratories
IDXX
$50.8B
| $32.9M | 0.05% |
291,900
-6,500
| -2% | -$733K |
|
340
Mettler-Toledo International
MTD
$26B
| $32.9M | 0.05% |
78,309
-4,100
| -5% | -$1.72M |
|
341
Church & Dwight Co
CHD
$22.5B
| $32.8M | 0.05% |
685,148
+333,474
| +95% | +$16M |
|
342
Western Union
WU
$2.83B
| $32.7M | 0.05% |
1,571,457
-50,800
| -3% | -$1.06M |
|
343
Skyworks Solutions
SWKS
$10.9B
| $32.7M | 0.05% |
429,500
-25,700
| -6% | -$1.96M |
|
344
Cincinnati Financial
CINF
$23.9B
| $32.5M | 0.05% |
431,572
-31,000
| -7% | -$2.34M |
|
345
BioMarin Pharmaceuticals
BMRN
$11.5B
| $32.5M | 0.05% |
351,100
+3,600
| +1% | +$333K |
|
|
LLTC
346
DELISTED
Linear Technology Corp
LLTC
| $32.5M | 0.05% |
547,500
+400
| +0.1% | +$23.7K |
|
347
Incyte
INCY
$17B
| $32.4M | 0.05% |
343,500
-23,600
| -6% | -$2.23M |
|
348
Huntington Bancshares
HBAN
$25.8B
| $32.2M | 0.05% |
3,269,998
+857,216
| +36% | +$8.45M |
|
349
Annaly Capital Management
NLY
$13.6B
| $32.2M | 0.05% |
3,065,703
-97,297
| -3% | -$1.02M |
|
|
CHK
350
DELISTED
Chesapeake Energy Corporation
CHK
| $32.1M | 0.05% |
5,119,174
+226,500
| +5% | +$1.42M |
|