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 |
Exxon Mobil
XOM
|
$1.12B |
| 2 |
Apple
AAPL
|
$961M |
| 3 |
Microsoft
MSFT
|
$719M |
| 4 |
GE Aerospace
GE
|
$679M |
| 5 |
Johnson & Johnson
JNJ
|
$661M |
Top Sells
Sector Composition
| 1 | Financials | 15.68% |
| 2 | Technology | 13.22% |
| 3 | Healthcare | 11.84% |
| 4 | Industrials | 10.81% |
| 5 | Energy | 10.12% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
101
Dominion Energy
D
$51.1B
| $93M | 0.19% | +1,636,114 | New | +$93M |
|
|
TWC
102
DELISTED
TIME WARNER CABLE INC NEW COM STK
TWC
| $92.6M | 0.19% | +823,574 | New | +$92.6M |
|
103
Automatic Data Processing
ADP
$123B
| $90.9M | 0.18% | +1,319,679 | New | +$90.9M |
|
|
PX
104
DELISTED
Praxair Inc
PX
| $89.6M | 0.18% | +777,952 | New | +$89.6M |
|
105
EOG Resources
EOG
$68.2B
| $89.4M | 0.18% | +678,630 | New | +$89.4M |
|
106
State Street
STT
$32.6B
| $88.9M | 0.18% | +1,363,977 | New | +$88.9M |
|
107
Blackrock
BLK
$175B
| $88.7M | 0.18% | +345,370 | New | +$88.7M |
|
108
NextEra Energy, Inc.
NEE
$148B
| $88.6M | 0.18% | +1,086,887 | New | +$88.6M |
|
109
APA Corp
APA
$8.31B
| $85.8M | 0.17% | +1,023,202 | New | +$85.8M |
|
110
Elevance Health
ELV
$71.8B
| $85.7M | 0.17% | +1,046,886 | New | +$85.7M |
|
111
Exelon
EXC
$44.1B
| $84.8M | 0.17% | +2,747,596 | New | +$84.8M |
|
|
KRFT
112
DELISTED
KRAFT FOODS GROUP INC COM STK (VA)
KRFT
| $84.8M | 0.17% | +1,517,127 | New | +$84.8M |
|
113
Yum! Brands
YUM
$40.8B
| $84.2M | 0.17% | +1,213,654 | New | +$84.2M |
|
|
PARA
114
DELISTED
Paramount Global Class B
PARA
| $83.6M | 0.17% | +1,709,878 | New | +$83.6M |
|
115
Chubb
CB
$110B
| $83.5M | 0.17% | +933,394 | New | +$83.5M |
|
|
VIAB
116
DELISTED
Viacom Inc. Class B
VIAB
| $83.2M | 0.17% | +1,222,824 | New | +$83.2M |
|
117
Enterprise Products Partners
EPD
$69.6B
| $83.1M | 0.17% | +1,337,594 | New | +$83.1M |
|
118
General Motors
GM
$55.8B
| $83M | 0.17% | +2,490,973 | New | +$83M |
|
119
Deere & Co
DE
$129B
| $82.5M | 0.17% | +1,015,699 | New | +$82.5M |
|
120
FedEx
FDX
$54.5B
| $81.2M | 0.16% | +823,754 | New | +$81.2M |
|
|
PCP
121
DELISTED
PRECISION CASTPARTS CORP
PCP
| $80.4M | 0.16% | +355,879 | New | +$80.4M |
|
122
General Mills
GIS
$26.4B
| $79.1M | 0.16% | +1,630,165 | New | +$79.1M |
|
123
Thermo Fisher Scientific
TMO
$186B
| $78.9M | 0.16% | +932,124 | New | +$78.9M |
|
124
Freeport-McMoran
FCX
$63.7B
| $78M | 0.16% | +2,823,402 | New | +$78M |
|
|
MRO
125
DELISTED
Marathon Oil Corporation
MRO
| $77.6M | 0.16% | +2,242,781 | New | +$77.6M |
|