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 |
Comcast
CMCSA
|
$209M |
| 2 |
YHOO
Yahoo Inc
YHOO
|
$84.3M |
| 3 |
Zoetis
ZTS
|
$65.3M |
| 4 |
Yum! Brands
YUM
|
$53.2M |
| 5 |
ATH
Athene Holding Ltd. Class A Common Shares
ATH
|
$45.7M |
Top Sells
| 1 |
Apollo Global Management
APO
|
$122M |
| 2 |
Apple
AAPL
|
$61.9M |
| 3 |
SE
Spectra Energy Corp Wi
SE
|
$57.7M |
| 4 |
STJ
St Jude Medical
STJ
|
$53.3M |
| 5 |
Microsoft
MSFT
|
$51.7M |
Sector Composition
| 1 | Financials | 17.68% |
| 2 | Technology | 15.06% |
| 3 | Healthcare | 12.81% |
| 4 | Industrials | 10.79% |
| 5 | Consumer Discretionary | 9.53% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
76
NextEra Energy, Inc.
NEE
$148B
| $156M | 0.26% | 1,217,859 -27,000 | -2% | -$3.47M |
|
77
Mondelez International
MDLZ
$79.5B
| $153M | 0.25% | 3,560,711 -99,900 | -3% | -$4.3M |
|
78
Colgate-Palmolive
CL
$67.9B
| $152M | 0.25% | 2,083,554 +24,600 | +1% | +$1.8M |
|
79
Caterpillar
CAT
$196B
| $144M | 0.23% | 1,548,735 -56,000 | -3% | -$5.19M |
|
80
Chubb
CB
$110B
| $142M | 0.23% | 1,045,569 -36,700 | -3% | -$5M |
|
81
Nike
NKE
$114B
| $142M | 0.23% | 2,546,180 -71,000 | -3% | -$3.96M |
|
82
General Dynamics
GD
$87.3B
| $142M | 0.23% | 756,711 -19,100 | -2% | -$3.58M |
|
83
Charter Communications
CHTR
$36.3B
| $141M | 0.23% | 432,262 -18,833 | -4% | -$6.16M |
|
84
Morgan Stanley
MS
$240B
| $135M | 0.22% | 3,158,710 -79,500 | -2% | -$3.41M |
|
85
Bank of New York Mellon
BK
$74.5B
| $134M | 0.22% | 2,841,428 -56,000 | -2% | -$2.64M |
|
86
Biogen
BIIB
$19.4B
| $134M | 0.22% | 490,700 +17,600 | +4% | +$4.81M |
|
87
Adobe
ADBE
$151B
| $134M | 0.22% | 1,028,600 -39,500 | -4% | -$5.14M |
|
|
MON
88
DELISTED
Monsanto Co
MON
| $133M | 0.22% | 1,174,182 -25,600 | -2% | -$2.9M |
|
|
89
Zoetis
ZTS
$69.3B
| $131M | 0.21% | 2,455,700 +1,221,200 | +99% | +$65.3M |
|
90
Simon Property Group
SPG
$59B
| $130M | 0.21% | 756,055 +18,800 | +3% | +$3.23M |
|
91
MetLife
MET
$54.1B
| $130M | 0.21% | 2,459,435 -53,700 | -2% | -$2.84M |
|
92
Occidental Petroleum
OXY
$46.9B
| $128M | 0.21% | 2,013,352 -60,300 | -3% | -$3.82M |
|
93
TJX Companies
TJX
$152B
| $128M | 0.21% | 1,612,304 -81,800 | -5% | -$6.47M |
|
94
Thermo Fisher Scientific
TMO
$186B
| $126M | 0.21% | 822,400 -32,900 | -4% | -$5.05M |
|
95
Prudential Financial
PRU
$38.6B
| $125M | 0.2% | 1,168,345 -31,000 | -3% | -$3.31M |
|
96
EOG Resources
EOG
$68.2B
| $124M | 0.2% | 1,270,010 -1,800 | -0.1% | -$176K |
|
97
Southern Company
SO
$102B
| $123M | 0.2% | 2,464,928 -22,700 | -0.9% | -$1.13M |
|
98
NVIDIA
NVDA
$4.24T
| $122M | 0.2% | 1,124,300 -78,600 | -7% | -$8.56M |
|
99
Capital One
COF
$145B
| $120M | 0.2% | 1,386,466 -2,200 | -0.2% | -$191K |
|
100
Dominion Energy
D
$51.1B
| $118M | 0.19% | 1,519,395 -57,100 | -4% | -$4.43M |
|