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 | |
|---|---|---|---|---|---|---|
376
CenterPoint Energy
CNP
$24.7B
| $30.9M | 0.05% |
1,478,937
+35,800
| +2% | +$749K |
|
377
Principal Financial Group
PFG
$17.8B
| $30.9M | 0.05% |
783,300
-2,700
| -0.3% | -$107K |
|
378
Sealed Air
SEE
$4.82B
| $30.8M | 0.05% |
642,400
-12,298
| -2% | -$590K |
|
379
Interpublic Group of Companies
IPG
$9.94B
| $30.8M | 0.05% |
1,340,974
-34,000
| -2% | -$780K |
|
|
MRO
380
DELISTED
Marathon Oil Corporation
MRO
| $30.7M | 0.05% |
2,756,635
+501,900
| +22% | +$5.59M |
|
381
Pinnacle West Capital
PNW
$10.6B
| $30.7M | 0.05% |
408,898
+71,000
| +21% | +$5.33M |
|
382
Global Payments
GPN
$21.3B
| $30.7M | 0.05% |
469,800
-34,400
| -7% | -$2.25M |
|
383
Ally Financial
ALLY
$12.7B
| $30.6M | 0.05% |
1,634,700
+81,100
| +5% | +$1.52M |
|
|
BBBY
384
DELISTED
Bed Bath & Beyond Inc
BBBY
| $30.5M | 0.05% |
614,298
+30,091
| +5% | +$1.49M |
|
385
Markel Group
MKL
$24.2B
| $30.3M | 0.05% |
34,016
-2,600
| -7% | -$2.32M |
|
386
Quest Diagnostics
DGX
$20.5B
| $30.3M | 0.05% |
424,320
-27,700
| -6% | -$1.98M |
|
387
Bread Financial
BFH
$3.09B
| $30.3M | 0.05% |
172,529
-15,663
| -8% | -$2.75M |
|
388
Celanese
CE
$5.34B
| $30.1M | 0.05% |
460,214
-31,300
| -6% | -$2.05M |
|
389
Campbell Soup
CPB
$10.1B
| $30.1M | 0.05% |
472,400
-15,900
| -3% | -$1.01M |
|
390
Federal Realty Investment Trust
FRT
$8.86B
| $30.1M | 0.05% |
192,974
-8,600
| -4% | -$1.34M |
|
391
Autodesk
ADSK
$69.5B
| $30.1M | 0.05% |
516,300
-36,400
| -7% | -$2.12M |
|
392
Acuity Brands
AYI
$10.4B
| $30M | 0.05% |
137,450
-2,500
| -2% | -$545K |
|
393
Harley-Davidson
HOG
$3.67B
| $29.6M | 0.05% |
575,983
+13,500
| +2% | +$693K |
|
394
KeyCorp
KEY
$20.8B
| $29.6M | 0.05% |
2,677,744
+84,400
| +3% | +$932K |
|
395
BioMarin Pharmaceuticals
BMRN
$11.1B
| $29.6M | 0.05% |
358,300
-10,600
| -3% | -$874K |
|
|
MXIM
396
DELISTED
Maxim Integrated Products
MXIM
| $29.5M | 0.05% |
802,800
-31,000
| -4% | -$1.14M |
|
|
CXO
397
DELISTED
CONCHO RESOURCES INC.
CXO
| $29.5M | 0.05% |
292,200
+4,900
| +2% | +$495K |
|
398
Olin
OLN
$2.9B
| $29.4M | 0.05% |
1,690,655
-106,072
| -6% | -$1.84M |
|
399
Palo Alto Networks
PANW
$130B
| $29.3M | 0.05% |
1,077,600
+367,200
| +52% | +$9.98M |
|
400
Mettler-Toledo International
MTD
$26.9B
| $29.1M | 0.05% |
84,509
-500
| -0.6% | -$172K |
|