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 |
Fortive
FTV
|
$29.3M |
| 2 |
Procter & Gamble
PG
|
$21.8M |
| 3 |
INFO
IHS Markit Ltd. Common Shares
INFO
|
$21.3M |
| 4 |
Dell
DELL
|
$20.7M |
| 5 |
Marriott International Class A Common Stock
MAR
|
$20.7M |
Top Sells
| 1 |
EMC
EMC CORPORATION
EMC
|
$132M |
| 2 |
Apple
AAPL
|
$123M |
| 3 |
Exxon Mobil
XOM
|
$55.6M |
| 4 |
Herc Holdings
HRI
|
$54.3M |
| 5 |
JPMorgan Chase
JPM
|
$51M |
Sector Composition
| 1 | Financials | 15.67% |
| 2 | Technology | 14.76% |
| 3 | Healthcare | 13.19% |
| 4 | Industrials | 10.65% |
| 5 | Consumer Discretionary | 9.67% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
51
Eli Lilly
LLY
$657B
| $199M | 0.33% | 2,480,856 -92,700 | -4% | -$7.44M |
|
52
Accenture
ACN
$162B
| $197M | 0.32% | 1,614,719 -83,800 | -5% | -$10.2M |
|
53
United Parcel Service
UPS
$74.1B
| $195M | 0.32% | 1,784,826 -102,300 | -5% | -$11.2M |
|
|
CELG
54
DELISTED
Celgene Corp
CELG
| $194M | 0.32% | 1,860,490 -95,900 | -5% | -$10M |
|
55
Boeing
BA
$177B
| $193M | 0.32% | 1,465,625 -80,800 | -5% | -$10.6M |
|
|
AGN
56
DELISTED
Allergan plc
AGN
| $191M | 0.31% | 831,116 -85,600 | -9% | -$19.7M |
|
57
American International
AIG
$45.1B
| $190M | 0.31% | 3,209,456 -161,600 | -5% | -$9.59M |
|
58
Starbucks
SBUX
$100B
| $189M | 0.31% | 3,489,892 -268,400 | -7% | -$14.5M |
|
59
Texas Instruments
TXN
$184B
| $187M | 0.31% | 2,663,340 -152,300 | -5% | -$10.7M |
|
60
Lockheed Martin
LMT
$106B
| $182M | 0.3% | 758,203 -96,329 | -11% | -$23.1M |
|
61
Lowe's Companies
LOW
$145B
| $181M | 0.3% | 2,502,841 -139,100 | -5% | -$10M |
|
62
Colgate-Palmolive
CL
$67.9B
| $175M | 0.29% | 2,363,654 -130,600 | -5% | -$9.68M |
|
63
Booking.com
BKNG
$181B
| $171M | 0.28% | 116,459 -7,000 | -6% | -$10.3M |
|
|
TWX
64
DELISTED
Time Warner Inc
TWX
| $170M | 0.28% | 2,134,585 -87,400 | -4% | -$6.96M |
|
65
Mondelez International
MDLZ
$79.5B
| $169M | 0.28% | 3,854,611 -286,000 | -7% | -$12.6M |
|
66
Costco
COST
$418B
| $168M | 0.28% | 1,101,893 -31,000 | -3% | -$4.73M |
|
67
Biogen
BIIB
$19.4B
| $167M | 0.27% | 532,800 -15,900 | -3% | -$4.98M |
|
68
Duke Energy
DUK
$95.3B
| $164M | 0.27% | 2,053,089 -87,700 | -4% | -$7.02M |
|
69
ConocoPhillips
COP
$124B
| $162M | 0.27% | 3,721,841 -161,800 | -4% | -$7.03M |
|
|
WBA
70
DELISTED
Walgreens Boots Alliance
WBA
| $161M | 0.26% | 1,991,544 -206,900 | -9% | -$16.7M |
|
71
Simon Property Group
SPG
$59B
| $159M | 0.26% | 768,955 -43,800 | -5% | -$9.07M |
|
72
Goldman Sachs
GS
$226B
| $158M | 0.26% | 980,280 -48,800 | -5% | -$7.87M |
|
73
Occidental Petroleum
OXY
$46.9B
| $158M | 0.26% | 2,165,552 -108,000 | -5% | -$7.88M |
|
|
DD
74
DELISTED
Du Pont De Nemours E I
DD
| $156M | 0.26% | 2,324,566 -99,600 | -4% | -$6.67M |
|
75
NextEra Energy, Inc.
NEE
$148B
| $154M | 0.25% | 1,260,175 -90,900 | -7% | -$11.1M |
|