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 |
Coca-Cola
KO
|
+$95.4M |
| 2 |
PepsiCo
PEP
|
+$73.5M |
| 3 |
Accenture
ACN
|
+$68.9M |
| 4 |
Lockheed Martin
LMT
|
+$66.5M |
| 5 |
Simon Property Group
SPG
|
+$53.6M |
Top Sells
| 1 |
JPMorgan Chase
JPM
|
+$144M |
| 2 |
Apple
AAPL
|
+$100M |
| 3 |
Berkshire Hathaway Class B
BRK.B
|
+$98.3M |
| 4 |
Alphabet (Google) Class A
GOOGL
|
+$91.6M |
| 5 |
Meta Platforms (Facebook)
META
|
+$65.5M |
Sector Composition
| 1 | Technology | 17.51% |
| 2 | Financials | 17.03% |
| 3 | Healthcare | 13.68% |
| 4 | Consumer Discretionary | 10.35% |
| 5 | Industrials | 10.11% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
376
Skyworks Solutions
SWKS
$10.9B
| $41.8M | 0.05% |
461,299
+14,944
| +3% | +$1.36M |
|
377
Devon Energy
DVN
$22.5B
| $41.8M | 0.05% |
1,047,009
+160,979
| +18% | +$6.43M |
|
378
Arch Capital
ACGL
$33.8B
| $41.4M | 0.05% |
1,387,436
+252,221
| +22% | +$7.52M |
|
379
Cintas
CTAS
$81.2B
| $41.1M | 0.05% |
830,088
-3,668
| -0.4% | -$181K |
|
380
Host Hotels & Resorts
HST
$12.1B
| $41M | 0.05% |
1,942,158
-39,449
| -2% | -$832K |
|
381
Aptiv
APTV
$17.8B
| $40.9M | 0.05% |
487,381
-113,659
| -19% | -$9.54M |
|
382
Huntington Bancshares
HBAN
$25.8B
| $40.8M | 0.05% |
2,736,575
-317,602
| -10% | -$4.74M |
|
383
Nasdaq
NDAQ
$54.3B
| $40.8M | 0.05% |
1,427,472
+225,237
| +19% | +$6.44M |
|
384
J.M. Smucker
SJM
$11.7B
| $40.3M | 0.05% |
392,873
+63,760
| +19% | +$6.54M |
|
385
Celanese
CE
$4.84B
| $40M | 0.05% |
350,707
-100,988
| -22% | -$11.5M |
|
386
Unilever
UL
$154B
| $39.5M | 0.05% |
718,000
| – | – |
|
387
Lincoln National
LNC
$7.88B
| $39.4M | 0.05% |
582,906
-94,945
| -14% | -$6.42M |
|
388
Mid-America Apartment Communities
MAA
$16.6B
| $39.4M | 0.05% |
393,024
+67,459
| +21% | +$6.76M |
|
389
SiriusXM
SIRI
$8.02B
| $39.2M | 0.05% |
619,907
+114,250
| +23% | +$7.22M |
|
390
APA Corp
APA
$8.33B
| $39.1M | 0.05% |
820,595
-24,530
| -3% | -$1.17M |
|
|
VAR
391
DELISTED
Varian Medical Systems, Inc.
VAR
| $39.1M | 0.05% |
349,424
+49,357
| +16% | +$5.52M |
|
392
UGI
UGI
$7.38B
| $39M | 0.05% |
703,469
+82,612
| +13% | +$4.58M |
|
393
Hormel Foods
HRL
$13.7B
| $39M | 0.05% |
990,081
+134,163
| +16% | +$5.29M |
|
|
DISCK
394
DELISTED
Discovery, Inc. Series C Common Stock
DISCK
| $38.9M | 0.05% |
1,316,741
-87,055
| -6% | -$2.58M |
|
|
INFO
395
DELISTED
IHS Markit Ltd. Common Shares
INFO
| $38.9M | 0.05% |
720,046
-28,123
| -4% | -$1.52M |
|
396
Globe Life
GL
$11.3B
| $38.8M | 0.05% |
447,040
+62,113
| +16% | +$5.38M |
|
397
Equifax
EFX
$30.3B
| $38.6M | 0.05% |
295,806
-1,284
| -0.4% | -$168K |
|
398
Fidelity National Financial
FNF
$16.2B
| $38.6M | 0.05% |
1,019,381
+294,659
| +41% | +$11.1M |
|
399
Aramark
ARMK
$10B
| $38.6M | 0.05% |
1,241,298
+68,642
| +6% | +$2.13M |
|
400
TransDigm Group
TDG
$72.5B
| $38.4M | 0.05% |
103,066
+10,314
| +11% | +$3.84M |
|