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 |
Apple
AAPL
|
$1.04B |
| 2 |
Financial Select Sector SPDR Fund
XLF
|
$530M |
| 3 |
Microsoft
MSFT
|
$397M |
| 4 |
JPMorgan Chase
JPM
|
$226M |
| 5 |
Amazon
AMZN
|
$179M |
Top Sells
| 1 |
Walmart
WMT
|
$274M |
| 2 |
Eli Lilly
LLY
|
$164M |
| 3 |
NextEra Energy, Inc.
NEE
|
$159M |
| 4 |
Cisco
CSCO
|
$115M |
| 5 |
Accenture
ACN
|
$111M |
Sector Composition
| 1 | Technology | 22.76% |
| 2 | Healthcare | 16.97% |
| 3 | Financials | 12.96% |
| 4 | Consumer Staples | 8.85% |
| 5 | Consumer Discretionary | 8.82% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
401
Ingersoll Rand
IR
$31B
| $46.3M | 0.04% |
886,945
-64,670
| -7% | -$3.38M |
|
402
AES
AES
$9.55B
| $46.2M | 0.04% |
1,606,011
+8,910
| +0.6% | +$256K |
|
403
Huntington Bancshares
HBAN
$25.8B
| $45.5M | 0.04% |
3,229,835
-56,984
| -2% | -$803K |
|
404
Delta Air Lines
DAL
$39.9B
| $44.9M | 0.04% |
1,366,817
-69,972
| -5% | -$2.3M |
|
405
Southwest Airlines
LUV
$16.9B
| $44.8M | 0.04% |
1,330,800
+67
| +0% | +$2.26K |
|
406
Xylem
XYL
$34.2B
| $44.1M | 0.04% |
398,912
-4,721
| -1% | -$522K |
|
407
Citizens Financial Group
CFG
$22.3B
| $44.1M | 0.04% |
1,120,167
-7,890
| -0.7% | -$311K |
|
408
Tyson Foods
TSN
$20.1B
| $43.8M | 0.04% |
703,108
+369
| +0.1% | +$23K |
|
409
Trade Desk
TTD
$26.5B
| $43.3M | 0.04% |
966,681
-24,948
| -3% | -$1.12M |
|
410
CenterPoint Energy
CNP
$24.8B
| $43.1M | 0.04% |
1,438,277
+1,606
| +0.1% | +$48.2K |
|
411
Datadog
DDOG
$47B
| $43M | 0.04% |
584,866
-11,848
| -2% | -$871K |
|
412
Wabtec
WAB
$32.9B
| $42.7M | 0.04% |
427,553
+12,740
| +3% | +$1.27M |
|
413
Dover
DOV
$24.1B
| $42.5M | 0.04% |
314,135
-17,683
| -5% | -$2.39M |
|
|
MRO
414
DELISTED
Marathon Oil Corporation
MRO
| $42M | 0.04% |
1,551,615
-75,904
| -5% | -$2.05M |
|
415
Northern Trust
NTRS
$24.7B
| $41.6M | 0.04% |
470,232
-312
| -0.1% | -$27.6K |
|
416
Ventas
VTR
$30.9B
| $41.6M | 0.04% |
922,524
+19,259
| +2% | +$868K |
|
417
Teledyne Technologies
TDY
$25.2B
| $41.3M | 0.04% |
103,394
+2,593
| +3% | +$1.04M |
|
418
CF Industries
CF
$14.2B
| $41.1M | 0.04% |
482,758
+13,841
| +3% | +$1.18M |
|
419
Steel Dynamics
STLD
$19B
| $40.9M | 0.03% |
419,012
-3,658
| -0.9% | -$357K |
|
420
First Horizon
FHN
$11.4B
| $40.8M | 0.03% |
1,663,971
+426,839
| +35% | +$10.5M |
|
421
EPAM Systems
EPAM
$9.73B
| $40.5M | 0.03% |
123,662
+1,204
| +1% | +$395K |
|
422
Mid-America Apartment Communities
MAA
$16.7B
| $40.5M | 0.03% |
257,955
-611
| -0.2% | -$95.9K |
|
423
LPL Financial
LPLA
$29B
| $40.4M | 0.03% |
186,676
+3,973
| +2% | +$859K |
|
424
KBR
KBR
$6.47B
| $40.3M | 0.03% |
763,848
+68,835
| +10% | +$3.63M |
|
425
Trip.com Group
TCOM
$46.8B
| $40.3M | 0.03% |
1,171,121
-5,509
| -0.5% | -$190K |
|