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 |
TFCFA
Twenty-First Century Fox, Inc. Class A
TFCFA
|
$141M |
| 2 |
TFCF
Twenty-First Century Fox, Inc. Class B
TFCF
|
$41.7M |
| 3 |
Exxon Mobil
XOM
|
$40.9M |
| 4 |
Intel
INTC
|
$17.3M |
| 5 |
News Corp Class A
NWSA
|
$16.8M |
Top Sells
| 1 |
FON
SPRINT CORP FON COM
FON
|
$64.4M |
| 2 |
SPDR S&P Emerging Markets Small Cap ETF
EWX
|
$49.4M |
| 3 |
BMC
BMC SOFTWARE, INC
BMC
|
$21.9M |
| 4 |
Leidos
LDOS
|
$17.8M |
| 5 |
Halliburton
HAL
|
$15.6M |
Sector Composition
| 1 | Financials | 15.33% |
| 2 | Technology | 13.34% |
| 3 | Healthcare | 11.9% |
| 4 | Industrials | 11.15% |
| 5 | Energy | 10.08% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
351
DaVita
DVA
$9.86B
| $30.3M | 0.06% |
533,180
+7,564
| +1% | +$430K |
|
352
Republic Services
RSG
$71.7B
| $30.2M | 0.06% |
905,477
+13,949
| +2% | +$465K |
|
353
Range Resources
RRC
$8.27B
| $30M | 0.06% |
395,814
+4,647
| +1% | +$353K |
|
|
ALTR
354
DELISTED
ALTERA CORP
ALTR
| $30M | 0.06% |
807,022
+19,459
| +2% | +$723K |
|
|
ESV
355
DELISTED
Ensco Rowan plc
ESV
| $30M | 0.06% |
139,324
+237
| +0.2% | +$51K |
|
356
Marriott International Class A Common Stock
MAR
$71.9B
| $29.7M | 0.06% |
706,669
+9,145
| +1% | +$385K |
|
357
Bunge Global
BG
$16.9B
| $29.6M | 0.05% |
390,222
+12,231
| +3% | +$928K |
|
|
ETP
358
DELISTED
Energy Transfer Partners L.p.
ETP
| $29.3M | 0.05% |
563,600
+6,018
| +1% | +$313K |
|
|
KSU
359
DELISTED
Kansas City Southern
KSU
| $28.9M | 0.05% |
264,200
+7,329
| +3% | +$802K |
|
360
Perrigo
PRGO
$3.12B
| $28.7M | 0.05% |
232,400
-383
| -0.2% | -$47.3K |
|
361
AES
AES
$9.21B
| $28.5M | 0.05% |
2,148,099
+12,918
| +0.6% | +$172K |
|
362
SLM Corp
SLM
$6.49B
| $28.5M | 0.05% |
3,201,309
-21,254
| -0.7% | -$189K |
|
|
XL
363
DELISTED
XL Group Ltd.
XL
| $28.4M | 0.05% |
920,196
-32,252
| -3% | -$994K |
|
364
NiSource
NI
$19B
| $28.2M | 0.05% |
2,322,554
+21,009
| +0.9% | +$255K |
|
365
Keurig Dr Pepper
KDP
$38.9B
| $27.7M | 0.05% |
618,168
+18,001
| +3% | +$807K |
|
366
Herc Holdings
HRI
$4.6B
| $27.6M | 0.05% |
415,567
-17,410
| -4% | -$1.16M |
|
|
BEAM
367
DELISTED
BEAM INC COM STK (DE)
BEAM
| $27.5M | 0.05% |
424,588
+5,834
| +1% | +$377K |
|
368
Oneok
OKE
$45.7B
| $27.4M | 0.05% |
587,029
+10,904
| +2% | +$509K |
|
369
Clorox
CLX
$15.5B
| $27.3M | 0.05% |
334,460
+3,739
| +1% | +$306K |
|
370
CarMax
KMX
$9.11B
| $27.2M | 0.05% |
561,500
+6,431
| +1% | +$312K |
|
371
BorgWarner
BWA
$9.53B
| $27.2M | 0.05% |
608,669
+7,234
| +1% | +$323K |
|
|
COL
372
DELISTED
Rockwell Collins
COL
| $27.1M | 0.05% |
398,783
+4,869
| +1% | +$330K |
|
373
Flowserve
FLS
$7.22B
| $27M | 0.05% |
432,903
+4,235
| +1% | +$264K |
|
374
Akamai
AKAM
$11.3B
| $27M | 0.05% |
521,888
+5,635
| +1% | +$291K |
|
375
Quest Diagnostics
DGX
$20.5B
| $26.9M | 0.05% |
434,661
+7,037
| +2% | +$435K |
|