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
|
+$198M |
| 2 |
PepsiCo
PEP
|
+$177M |
| 3 |
Procter & Gamble
PG
|
+$156M |
| 4 |
Linde
LIN
|
+$155M |
| 5 |
Alphabet (Google) Class C
GOOG
|
+$152M |
Top Sells
| 1 |
AET
Aetna Inc
AET
|
+$235M |
| 2 |
Alphabet (Google) Class A
GOOGL
|
+$174M |
| 3 |
ESRX
Express Scripts Holding Company
ESRX
|
+$142M |
| 4 |
PX
Praxair Inc
PX
|
+$92.8M |
| 5 |
COL
Rockwell Collins
COL
|
+$81.8M |
Sector Composition
| 1 | Financials | 16.41% |
| 2 | Technology | 16.21% |
| 3 | Healthcare | 14.24% |
| 4 | Consumer Discretionary | 9.86% |
| 5 | Industrials | 9.34% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
426
Textron
TXT
$14.4B
| $29.3M | 0.04% |
637,169
+4,663
| +0.7% | +$214K |
|
427
Huntington Bancshares
HBAN
$25.8B
| $29.2M | 0.04% |
2,451,542
-285,033
| -10% | -$3.4M |
|
428
Cencora
COR
$57.4B
| $29.2M | 0.04% |
392,541
-21,206
| -5% | -$1.58M |
|
|
CXO
429
DELISTED
CONCHO RESOURCES INC.
CXO
| $29.1M | 0.04% |
282,615
-34,640
| -11% | -$3.56M |
|
430
Akamai
AKAM
$11B
| $29M | 0.04% |
474,979
-30,625
| -6% | -$1.87M |
|
431
Blackstone
BX
$139B
| $28.9M | 0.04% |
967,980
-23,385
| -2% | -$697K |
|
432
DXC Technology
DXC
$2.55B
| $28.7M | 0.04% |
539,154
-87,634
| -14% | -$4.66M |
|
433
Fortive
FTV
$16.2B
| $28.5M | 0.04% |
503,583
-112,251
| -18% | -$6.36M |
|
|
XYZ
434
Block, Inc.
XYZ
$45B
| $28.4M | 0.04% |
507,198
+27,607
| +6% | +$1.55M |
|
435
Skyworks Solutions
SWKS
$10.9B
| $28.4M | 0.04% |
423,396
-37,903
| -8% | -$2.54M |
|
436
Lincoln National
LNC
$7.88B
| $28.2M | 0.04% |
550,227
-32,679
| -6% | -$1.68M |
|
437
Ally Financial
ALLY
$12.7B
| $28M | 0.04% |
1,234,726
-160,148
| -11% | -$3.63M |
|
438
Aptiv
APTV
$17.8B
| $27.9M | 0.04% |
453,426
-33,955
| -7% | -$2.09M |
|
|
VMW
439
DELISTED
VMware, Inc
VMW
| $27.9M | 0.04% |
203,448
-15,129
| -7% | -$2.07M |
|
440
MSCI
MSCI
$43.6B
| $27.9M | 0.04% |
189,079
-9,888
| -5% | -$1.46M |
|
441
Eastman Chemical
EMN
$7.47B
| $27.8M | 0.04% |
379,743
-306
| -0.1% | -$22.4K |
|
442
Waters Corp
WAT
$17.4B
| $27.7M | 0.04% |
146,934
-16,807
| -10% | -$3.17M |
|
443
CDW
CDW
$22.4B
| $27.5M | 0.04% |
339,515
-28,947
| -8% | -$2.35M |
|
444
RenaissanceRe
RNR
$11.2B
| $27.5M | 0.04% |
205,586
+61,102
| +42% | +$8.17M |
|
445
MGM Resorts International
MGM
$9.79B
| $27.4M | 0.04% |
1,128,697
-115,939
| -9% | -$2.81M |
|
|
ETFC
446
DELISTED
E*Trade Financial Corporation
ETFC
| $27.2M | 0.04% |
620,452
-45,756
| -7% | -$2.01M |
|
447
Invitation Homes
INVH
$18.4B
| $27.2M | 0.04% |
1,354,722
+480,942
| +55% | +$9.66M |
|
448
NOV
NOV
$4.85B
| $27.1M | 0.04% |
1,053,720
-87
| -0% | -$2.24K |
|
449
Viatris
VTRS
$11.9B
| $26.9M | 0.04% |
981,803
-218,371
| -18% | -$5.98M |
|
450
D.R. Horton
DHI
$52.5B
| $26.9M | 0.04% |
775,908
-114,140
| -13% | -$3.96M |
|