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 |
Exxon Mobil
XOM
|
+$1.12B |
| 2 |
Apple
AAPL
|
+$961M |
| 3 |
Microsoft
MSFT
|
+$719M |
| 4 |
GE Aerospace
GE
|
+$679M |
| 5 |
Johnson & Johnson
JNJ
|
+$661M |
Top Sells
Sector Composition
| 1 | Financials | 15.68% |
| 2 | Technology | 13.22% |
| 3 | Healthcare | 11.84% |
| 4 | Industrials | 10.78% |
| 5 | Energy | 10.12% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
401
Flowserve
FLS
$7.35B
| $23.2M | 0.05% |
+428,668
| New | +$23.2M |
|
402
NVIDIA
NVDA
$4.32T
| $23.1M | 0.05% |
+65,767,800
| New | +$23.1M |
|
|
HSH
403
DELISTED
HILLSHIRE BRANDS CO
HSH
| $23.1M | 0.05% |
+696,917
| New | +$23.1M |
|
404
McCormick & Company Non-Voting
MKC
$18.3B
| $23M | 0.05% |
+653,242
| New | +$23M |
|
405
PVH
PVH
$3.9B
| $22.9M | 0.05% |
+182,993
| New | +$22.9M |
|
406
Brown-Forman Class B
BF.B
$12.9B
| $22.9M | 0.05% |
+1,058,131
| New | +$22.9M |
|
407
BorgWarner
BWA
$9.34B
| $22.8M | 0.05% |
+601,435
| New | +$22.8M |
|
408
Affiliated Managers Group
AMG
$6.59B
| $22.7M | 0.05% |
+138,567
| New | +$22.7M |
|
409
Comerica
CMA
$8.87B
| $22.6M | 0.05% |
+567,060
| New | +$22.6M |
|
410
Southwest Airlines
LUV
$16.1B
| $22.5M | 0.05% |
+1,749,045
| New | +$22.5M |
|
411
KLA
KLAC
$123B
| $22.3M | 0.04% |
+400,920
| New | +$22.3M |
|
412
TEGNA Inc
TGNA
$3.38B
| $22.2M | 0.04% |
+1,735,256
| New | +$22.2M |
|
|
Y
413
DELISTED
Alleghany Corporation
Y
| $22.2M | 0.04% |
+57,921
| New | +$22.2M |
|
414
GameStop
GME
$11.1B
| $22.1M | 0.04% |
+2,099,336
| New | +$22.1M |
|
415
AGNC Investment
AGNC
$10.7B
| $22M | 0.04% |
+958,979
| New | +$22M |
|
416
Akamai
AKAM
$11.1B
| $22M | 0.04% |
+516,253
| New | +$22M |
|
|
BMC
417
DELISTED
BMC SOFTWARE, INC
BMC
| $21.9M | 0.04% |
+484,796
| New | +$21.9M |
|
418
Interpublic Group of Companies
IPG
$9.5B
| $21.9M | 0.04% |
+1,503,347
| New | +$21.9M |
|
|
CFN
419
DELISTED
CAREFUSION CORPORATION
CFN
| $21.8M | 0.04% |
+592,064
| New | +$21.8M |
|
420
Oceaneering
OII
$2.43B
| $21.8M | 0.04% |
+302,103
| New | +$21.8M |
|
421
Everest Group
EG
$14.2B
| $21.8M | 0.04% |
+169,836
| New | +$21.8M |
|
422
FMC
FMC
$4.58B
| $21.8M | 0.04% |
+410,895
| New | +$21.8M |
|
423
Globe Life
GL
$11.3B
| $21.7M | 0.04% |
+499,467
| New | +$21.7M |
|
|
LLTC
424
DELISTED
Linear Technology Corp
LLTC
| $21.7M | 0.04% |
+588,676
| New | +$21.7M |
|
|
SRCL
425
DELISTED
Stericycle Inc
SRCL
| $21.7M | 0.04% |
+196,091
| New | +$21.7M |
|