California Public Employees Retirement System

California Public Employees Retirement System Portfolio holdings

AUM $157B
 

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.

This Quarter Return
+5.52%
1 Year Return
+23.37%
3 Year Return
+94.09%
5 Year Return
+169.49%
10 Year Return
+413.48%
AUM
$60.8B
AUM Growth
+$60.8B
Cap. Flow
-$3.43B
Cap. Flow %
-5.63%
Top 10 Hldgs %
14.08%
Holding
3,593
New
29
Increased
517
Reduced
2,163
Closed
113

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
NKE icon
76
Nike
NKE
$114B
$152M 0.25% 2,887,020 -148,500 -5% -$7.82M
DD icon
77
DuPont de Nemours
DD
$32.2B
$152M 0.25% 2,923,490 -134,000 -4% -$6.95M
ABT icon
78
Abbott
ABT
$231B
$151M 0.25% 3,561,529 -146,900 -4% -$6.21M
AVGO icon
79
Broadcom
AVGO
$1.4T
$148M 0.24% 858,514 -72,500 -8% -$12.5M
CAT icon
80
Caterpillar
CAT
$196B
$148M 0.24% 1,667,835 -55,000 -3% -$4.88M
AXP icon
81
American Express
AXP
$231B
$146M 0.24% 2,285,026 -151,300 -6% -$9.69M
CB icon
82
Chubb
CB
$110B
$146M 0.24% 1,158,969 -72,100 -6% -$9.06M
TMO icon
83
Thermo Fisher Scientific
TMO
$186B
$144M 0.24% 904,000 -54,200 -6% -$8.62M
TJX icon
84
TJX Companies
TJX
$152B
$136M 0.22% 1,819,232 -101,200 -5% -$7.57M
SYF icon
85
Synchrony
SYF
$28.4B
$135M 0.22% 4,834,019 -212,900 -4% -$5.96M
CHTR icon
86
Charter Communications
CHTR
$36.3B
$133M 0.22% 491,694 -30,800 -6% -$8.32M
ADBE icon
87
Adobe
ADBE
$151B
$132M 0.22% 1,216,300 -73,500 -6% -$7.98M
MON
88
DELISTED
Monsanto Co
MON
$130M 0.21% 1,273,682 -47,100 -4% -$4.81M
PNC icon
89
PNC Financial Services
PNC
$81.7B
$129M 0.21% 1,431,657 -61,700 -4% -$5.56M
GD icon
90
General Dynamics
GD
$87.3B
$128M 0.21% 827,911 -48,900 -6% -$7.59M
EOG icon
91
EOG Resources
EOG
$68.2B
$128M 0.21% 1,319,010 -71,700 -5% -$6.93M
PSX icon
92
Phillips 66
PSX
$54B
$124M 0.2% 1,535,170 -126,300 -8% -$10.2M
KMB icon
93
Kimberly-Clark
KMB
$42.8B
$124M 0.2% 980,067 +9,900 +1% +$1.25M
D icon
94
Dominion Energy
D
$51.1B
$124M 0.2% 1,663,138 -81,100 -5% -$6.02M
BK icon
95
Bank of New York Mellon
BK
$74.5B
$123M 0.2% 3,075,028 -125,900 -4% -$5.02M
TGT icon
96
Target
TGT
$43.6B
$119M 0.2% 1,729,261 -85,200 -5% -$5.85M
SO icon
97
Southern Company
SO
$102B
$118M 0.19% 2,308,128 -117,000 -5% -$6M
KHC icon
98
Kraft Heinz
KHC
$33.1B
$116M 0.19% 1,292,200 -78,300 -6% -$7.01M
AMT icon
99
American Tower
AMT
$95.5B
$115M 0.19% 1,018,601 +7,100 +0.7% +$805K
F icon
100
Ford
F
$46.8B
$115M 0.19% 9,554,154 -532,400 -5% -$6.43M