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 |
Chubb
CB
|
$44.4M |
| 2 |
Broadcom
AVGO
|
$40.5M |
| 3 |
Chevron
CVX
|
$28.4M |
| 4 |
Weyerhaeuser
WY
|
$27.2M |
| 5 |
Dentsply Sirona
XRAY
|
$21.1M |
Top Sells
| 1 |
CB
CHUBB CORPORATION
CB
|
$93.8M |
| 2 |
PCP
PRECISION CASTPARTS CORP
PCP
|
$83.3M |
| 3 |
BRCM
BROADCOM CORP CL-A
BRCM
|
$79.2M |
| 4 |
Meta Platforms (Facebook)
META
|
$37.7M |
| 5 |
Alphabet (Google) Class C
GOOG
|
$35.7M |
Sector Composition
| 1 | Financials | 15.3% |
| 2 | Technology | 14.55% |
| 3 | Healthcare | 13.35% |
| 4 | Industrials | 10.85% |
| 5 | Consumer Discretionary | 9.91% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
351
Advance Auto Parts
AAP
$3.63B
| $32.2M | 0.05% |
200,983
-22,100
| -10% | -$3.54M |
|
352
Agilent Technologies
A
$36.5B
| $32.2M | 0.05% |
808,300
-36,500
| -4% | -$1.45M |
|
353
Labcorp
LH
$23.2B
| $32.2M | 0.05% |
319,865
-33,756
| -10% | -$3.4M |
|
354
Hormel Foods
HRL
$14.1B
| $32M | 0.05% |
740,700
-70,100
| -9% | -$3.03M |
|
355
Molson Coors Class B
TAP
$9.96B
| $31.9M | 0.05% |
332,100
-22,700
| -6% | -$2.18M |
|
356
Dover
DOV
$24.4B
| $31.9M | 0.05% |
614,107
+5,818
| +1% | +$302K |
|
357
Lincoln National
LNC
$7.98B
| $31.9M | 0.05% |
813,690
+19,600
| +2% | +$768K |
|
|
NBL
358
DELISTED
Noble Energy, Inc.
NBL
| $31.8M | 0.05% |
1,013,784
-21,100
| -2% | -$663K |
|
359
Expedia Group
EXPE
$26.6B
| $31.8M | 0.05% |
294,941
-23,614
| -7% | -$2.55M |
|
360
Newell Brands
NWL
$2.68B
| $31.8M | 0.05% |
717,800
-54,700
| -7% | -$2.42M |
|
|
CA
361
DELISTED
CA, Inc.
CA
| $31.7M | 0.05% |
1,030,972
+63,700
| +7% | +$1.96M |
|
362
Tractor Supply
TSCO
$32.1B
| $31.6M | 0.05% |
1,745,500
-39,000
| -2% | -$706K |
|
363
Cincinnati Financial
CINF
$24B
| $31.5M | 0.05% |
482,072
-16,900
| -3% | -$1.1M |
|
364
Tapestry
TPR
$21.7B
| $31.4M | 0.05% |
783,311
+6,600
| +0.8% | +$265K |
|
365
Everest Group
EG
$14.3B
| $31.4M | 0.05% |
158,846
-2,600
| -2% | -$513K |
|
366
Citizens Financial Group
CFG
$22.3B
| $31.3M | 0.05% |
1,496,300
+82,500
| +6% | +$1.73M |
|
367
Ulta Beauty
ULTA
$23.1B
| $31.3M | 0.05% |
161,724
-13,200
| -8% | -$2.56M |
|
368
SiriusXM
SIRI
$8.1B
| $31.2M | 0.05% |
789,120
-48,850
| -6% | -$1.93M |
|
369
Trip.com Group
TCOM
$47.6B
| $31.2M | 0.05% |
704,100
-56,200
| -7% | -$2.49M |
|
370
Mohawk Industries
MHK
$8.65B
| $31.1M | 0.05% |
163,100
-17,100
| -9% | -$3.26M |
|
|
LNKD
371
DELISTED
LinkedIn Corporation
LNKD
| $31.1M | 0.05% |
272,100
+3,500
| +1% | +$400K |
|
372
Kimco Realty
KIM
$15.4B
| $31.1M | 0.05% |
1,080,486
-37,300
| -3% | -$1.07M |
|
373
Waters Corp
WAT
$18.2B
| $31.1M | 0.05% |
235,600
-13,802
| -6% | -$1.82M |
|
|
ETP
374
DELISTED
Energy Transfer Partners L.p.
ETP
| $31.1M | 0.05% |
960,134
-55,000
| -5% | -$1.78M |
|
375
Seagate
STX
$40B
| $31M | 0.05% |
898,600
+78,000
| +10% | +$2.69M |
|