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 |
S&P Global
SPGI
|
$81.9M |
| 2 |
Charter Communications
CHTR
|
$72.8M |
| 3 |
SHPG
Shire pic
SHPG
|
$37.6M |
| 4 |
Baxter International
BAX
|
$26.4M |
| 5 |
Newell Brands
NWL
|
$18.6M |
Top Sells
Sector Composition
| 1 | Financials | 15.11% |
| 2 | Technology | 13.9% |
| 3 | Healthcare | 13.7% |
| 4 | Industrials | 10.58% |
| 5 | Consumer Discretionary | 9.48% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
51
Lowe's Companies
LOW
$145B
| $209M | 0.34% | 2,641,941 -140,500 | -5% | -$11.1M |
|
52
US Bancorp
USB
$76B
| $205M | 0.33% | 5,095,369 +9,300 | +0.2% | +$375K |
|
53
United Parcel Service
UPS
$74.1B
| $203M | 0.33% | 1,887,126 -57,100 | -3% | -$6.15M |
|
54
Eli Lilly
LLY
$657B
| $203M | 0.33% | 2,573,556 -163,000 | -6% | -$12.8M |
|
55
Boeing
BA
$177B
| $201M | 0.33% | 1,546,425 -105,400 | -6% | -$13.7M |
|
56
Union Pacific
UNP
$133B
| $198M | 0.32% | 2,268,230 -114,300 | -5% | -$9.97M |
|
|
CELG
57
DELISTED
Celgene Corp
CELG
| $193M | 0.31% | 1,956,390 -62,100 | -3% | -$6.12M |
|
58
Accenture
ACN
$162B
| $192M | 0.31% | 1,698,519 -52,400 | -3% | -$5.94M |
|
59
Alibaba
BABA
$322B
| $190M | 0.31% | 2,392,560 -61,200 | -2% | -$4.87M |
|
60
Mondelez International
MDLZ
$79.5B
| $188M | 0.31% | 4,140,611 -125,400 | -3% | -$5.71M |
|
61
Duke Energy
DUK
$95.3B
| $184M | 0.3% | 2,140,789 -47,800 | -2% | -$4.1M |
|
|
WBA
62
DELISTED
Walgreens Boots Alliance
WBA
| $183M | 0.3% | 2,198,444 -67,100 | -3% | -$5.59M |
|
63
Colgate-Palmolive
CL
$67.9B
| $183M | 0.3% | 2,494,254 -9,200 | -0.4% | -$673K |
|
64
American International
AIG
$45.1B
| $178M | 0.29% | 3,371,056 -121,300 | -3% | -$6.42M |
|
65
Costco
COST
$418B
| $178M | 0.29% | 1,132,893 -29,800 | -3% | -$4.68M |
|
66
Texas Instruments
TXN
$184B
| $176M | 0.29% | 2,815,640 -76,600 | -3% | -$4.8M |
|
67
Simon Property Group
SPG
$59B
| $176M | 0.29% | 812,755 -20,500 | -2% | -$4.45M |
|
68
NextEra Energy, Inc.
NEE
$148B
| $176M | 0.29% | 1,351,075 -32,000 | -2% | -$4.17M |
|
69
Occidental Petroleum
OXY
$46.9B
| $172M | 0.28% | 2,273,552 -50,700 | -2% | -$3.83M |
|
70
ConocoPhillips
COP
$124B
| $169M | 0.27% | 3,883,641 -124,600 | -3% | -$5.43M |
|
71
Nike
NKE
$114B
| $168M | 0.27% | 3,035,520 -164,000 | -5% | -$9.05M |
|
|
TWX
72
DELISTED
Time Warner Inc
TWX
| $163M | 0.26% | 2,221,985 -115,700 | -5% | -$8.51M |
|
73
Chubb
CB
$110B
| $161M | 0.26% | 1,231,069 -38,200 | -3% | -$4.99M |
|
|
DD
74
DELISTED
Du Pont De Nemours E I
DD
| $157M | 0.25% | 2,424,166 -67,500 | -3% | -$4.37M |
|
75
Booking.com
BKNG
$181B
| $154M | 0.25% | 123,459 -3,600 | -3% | -$4.49M |
|