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 |
Alphabet (Google) Class A
GOOGL
|
$610M |
| 2 |
Alphabet (Google) Class C
GOOG
|
$578M |
| 3 |
Synchrony
SYF
|
$161M |
| 4 |
Nike
NKE
|
$100M |
| 5 |
Hewlett Packard
HPE
|
$75.4M |
Top Sells
| 1 |
GE Aerospace
GE
|
$121M |
| 2 |
Apple
AAPL
|
$47.2M |
| 3 |
SIAL
SIGMA - ALDRICH CORP
SIAL
|
$44.7M |
| 4 |
CMCSK
COMCAST CORP SPL A (NEW)
CMCSK
|
$39.1M |
| 5 |
ALTR
ALTERA CORP
ALTR
|
$39M |
Sector Composition
| 1 | Financials | 16.32% |
| 2 | Healthcare | 14.37% |
| 3 | Technology | 14.08% |
| 4 | Industrials | 10.55% |
| 5 | Consumer Discretionary | 9.83% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
TWC
76
DELISTED
TIME WARNER CABLE INC NEW COM STK
TWC
| $158M | 0.25% | 851,113 +18,400 | +2% | +$3.41M |
|
77
Texas Instruments
TXN
$184B
| $157M | 0.25% | 2,866,540 +64,500 | +2% | +$3.54M |
|
78
Duke Energy
DUK
$95.3B
| $156M | 0.25% | 2,186,089 -25,200 | -1% | -$1.8M |
|
79
Occidental Petroleum
OXY
$46.9B
| $156M | 0.25% | 2,301,552 +16,300 | +0.7% | +$1.1M |
|
80
DuPont de Nemours
DD
$32.2B
| $153M | 0.24% | 2,962,606 -250,093 | -8% | -$12.9M |
|
|
TWX
81
DELISTED
Time Warner Inc
TWX
| $150M | 0.24% | 2,320,585 -42,100 | -2% | -$2.72M |
|
82
PNC Financial Services
PNC
$81.7B
| $149M | 0.24% | 1,561,857 +37,400 | +2% | +$3.56M |
|
83
Ford
F
$46.8B
| $149M | 0.24% | 10,557,654 +85,400 | +0.8% | +$1.2M |
|
84
Thermo Fisher Scientific
TMO
$186B
| $148M | 0.23% | 1,040,600 +17,700 | +2% | +$2.51M |
|
85
NextEra Energy, Inc.
NEE
$148B
| $147M | 0.23% | 1,411,975 -14,900 | -1% | -$1.55M |
|
86
Phillips 66
PSX
$54B
| $141M | 0.22% | 1,727,270 +60,800 | +4% | +$4.97M |
|
87
TJX Companies
TJX
$152B
| $139M | 0.22% | 1,965,832 -14,500 | -0.7% | -$1.03M |
|
88
Bank of New York Mellon
BK
$74.5B
| $138M | 0.22% | 3,348,028 -7,800 | -0.2% | -$322K |
|
89
Target
TGT
$43.6B
| $134M | 0.21% | 1,844,461 -28,700 | -2% | -$2.08M |
|
90
Adobe
ADBE
$151B
| $132M | 0.21% | 1,407,900 +12,800 | +0.9% | +$1.2M |
|
|
MON
91
DELISTED
Monsanto Co
MON
| $130M | 0.21% | 1,322,282 -91,000 | -6% | -$8.97M |
|
92
Danaher
DHR
$147B
| $130M | 0.21% | 1,399,140 +394,300 | +39% | +$36.6M |
|
93
General Motors
GM
$55.8B
| $129M | 0.2% | 3,800,600 +5,100 | +0.1% | +$173K |
|
94
General Dynamics
GD
$87.3B
| $129M | 0.2% | 937,711 +11,500 | +1% | +$1.58M |
|
95
Kimberly-Clark
KMB
$42.8B
| $128M | 0.2% | 1,006,567 -21,800 | -2% | -$2.78M |
|
96
Baidu
BIDU
$32.8B
| $125M | 0.2% | 663,592 +6,500 | +1% | +$1.23M |
|
97
McKesson
MCK
$85.4B
| $124M | 0.2% | 628,676 +2,400 | +0.4% | +$473K |
|
|
EMC
98
DELISTED
EMC CORPORATION
EMC
| $123M | 0.2% | 4,804,459 -7,800 | -0.2% | -$200K |
|
99
MetLife
MET
$54.1B
| $123M | 0.19% | 2,557,135 +10,200 | +0.4% | +$492K |
|
100
Salesforce
CRM
$245B
| $123M | 0.19% | 1,571,700 +29,900 | +2% | +$2.34M |
|