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 |
Johnson Controls International
JCI
|
$24.2M |
| 3 |
Procter & Gamble
PG
|
$21.8M |
| 4 |
INFO
IHS Markit Ltd. Common Shares
INFO
|
$21.3M |
| 5 |
Dell
DELL
|
$20.7M |
Top Sells
| 1 |
EMC
EMC CORPORATION
EMC
|
$132M |
| 2 |
Apple
AAPL
|
$123M |
| 3 |
Exxon Mobil
XOM
|
$55.6M |
| 4 |
JPMorgan Chase
JPM
|
$51M |
| 5 |
Comcast
CMCSA
|
$50.2M |
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 | |
|---|---|---|---|---|---|---|
351
Invesco
IVZ
$9.68B
| $32.1M | 0.05% |
1,025,661
-11,200
| -1% | -$350K |
|
352
Motorola Solutions
MSI
$79B
| $31.9M | 0.05% |
418,757
-44,700
| -10% | -$3.41M |
|
353
DaVita
DVA
$9.72B
| $31.9M | 0.05% |
482,400
-37,500
| -7% | -$2.48M |
|
354
NetApp
NTAP
$23.2B
| $31.8M | 0.05% |
886,916
-65,200
| -7% | -$2.34M |
|
355
Essex Property Trust
ESS
$16.8B
| $31.6M | 0.05% |
141,934
-8,400
| -6% | -$1.87M |
|
356
Microchip Technology
MCHP
$34.2B
| $31.6M | 0.05% |
508,260
+200
| +0% | +$12.4K |
|
|
CA
357
DELISTED
CA, Inc.
CA
| $31.4M | 0.05% |
947,972
-52,200
| -5% | -$1.73M |
|
358
Iron Mountain
IRM
$26.5B
| $31.3M | 0.05% |
833,674
-19,801
| -2% | -$743K |
|
359
Ally Financial
ALLY
$12.6B
| $31.3M | 0.05% |
1,606,300
-35,100
| -2% | -$683K |
|
360
Cintas
CTAS
$82.9B
| $31.1M | 0.05% |
276,485
-14,700
| -5% | -$1.66M |
|
361
McCormick & Company Non-Voting
MKC
$18.7B
| $31M | 0.05% |
310,582
-29,500
| -9% | -$2.95M |
|
362
Pentair
PNR
$17.5B
| $30.9M | 0.05% |
480,700
-105,300
| -18% | -$6.76M |
|
363
Whirlpool
WHR
$5B
| $30.5M | 0.05% |
187,811
-11,000
| -6% | -$1.78M |
|
364
Blackstone
BX
$131B
| $30.5M | 0.05% |
1,192,800
-76,400
| -6% | -$1.95M |
|
|
JNPR
365
DELISTED
Juniper Networks
JNPR
| $30.4M | 0.05% |
1,261,731
-112,000
| -8% | -$2.69M |
|
366
Host Hotels & Resorts
HST
$11.8B
| $30.2M | 0.05% |
1,939,519
-17,000
| -0.9% | -$265K |
|
367
Expedia Group
EXPE
$26.3B
| $30M | 0.05% |
257,141
-28,400
| -10% | -$3.31M |
|
368
Energy Transfer Partners
ET
$60.3B
| $29.8M | 0.05% |
1,777,400
-119,100
| -6% | -$2M |
|
369
Mattel
MAT
$5.87B
| $29.8M | 0.05% |
984,953
-82,600
| -8% | -$2.5M |
|
370
KLA
KLAC
$111B
| $29.7M | 0.05% |
425,838
-12,900
| -3% | -$899K |
|
|
LVLT
371
DELISTED
Level 3 Communications Inc
LVLT
| $29.6M | 0.05% |
638,210
-47,400
| -7% | -$2.2M |
|
372
Check Point Software Technologies
CHKP
$20.6B
| $29.5M | 0.05% |
380,600
-22,700
| -6% | -$1.76M |
|
373
Pinnacle West Capital
PNW
$10.6B
| $29.4M | 0.05% |
387,098
-18,000
| -4% | -$1.37M |
|
|
XL
374
DELISTED
XL Group Ltd.
XL
| $29.4M | 0.05% |
873,700
-75,900
| -8% | -$2.55M |
|
375
SBA Communications
SBAC
$21.4B
| $29.3M | 0.05% |
261,545
-15,500
| -6% | -$1.74M |
|