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
+10.61%
1 Year Return
+23.37%
3 Year Return
+94.09%
5 Year Return
+169.49%
10 Year Return
+413.48%
AUM
$69B
AUM Growth
+$69B
Cap. Flow
+$10.2B
Cap. Flow %
14.73%
Top 10 Hldgs %
14.08%
Holding
4,184
New
202
Increased
1,891
Reduced
1,080
Closed
207

Sector Composition

1 Financials 15.94%
2 Technology 13.6%
3 Healthcare 12.04%
4 Industrials 11.44%
5 Energy 9.79%
Name Market Value Portfolio Weight Shares or Principal Shares
Change %
Capital Flow
PARA
101
DELISTED
Paramount Global Class B
PARA
$131M 0.19% 2,081,299 +371,252 +22% +$23.4M
NKE icon
102
Nike
NKE
$114B
$130M 0.19% 1,658,337 +92,399 +6% +$7.22M
HAL icon
103
Halliburton
HAL
$19.4B
$129M 0.19% 2,519,442 +382,212 +18% +$19.6M
BK icon
104
Bank of New York Mellon
BK
$74.5B
$129M 0.19% 3,731,828 +283,419 +8% +$9.79M
APC
105
DELISTED
Anadarko Petroleum
APC
$128M 0.19% 1,631,856 +314,879 +24% +$24.6M
DTV
106
DELISTED
DIRECTV COM STK (DE)
DTV
$127M 0.18% 1,886,386 +260,733 +16% +$17.6M
NEE icon
107
NextEra Energy, Inc.
NEE
$148B
$127M 0.18% 1,496,378 +385,839 +35% +$32.6M
KMB icon
108
Kimberly-Clark
KMB
$42.8B
$126M 0.18% 1,203,252 +82,880 +7% +$8.7M
TWC
109
DELISTED
TIME WARNER CABLE INC NEW COM STK
TWC
$125M 0.18% 937,466 +97,993 +12% +$13.1M
TGT icon
110
Target
TGT
$43.6B
$125M 0.18% 1,996,611 +144,657 +8% +$9.04M
LYB icon
111
LyondellBasell Industries
LYB
$18.1B
$125M 0.18% 1,572,219 +473,513 +43% +$37.6M
JCI icon
112
Johnson Controls International
JCI
$69.9B
$120M 0.17% 2,350,370 +539,806 +30% +$27.6M
CTSH icon
113
Cognizant
CTSH
$35.3B
$119M 0.17% 1,195,610 +408,039 +52% +$40.6M
APA icon
114
APA Corp
APA
$8.31B
$118M 0.17% 1,371,670 +319,646 +30% +$27.6M
TMO icon
115
Thermo Fisher Scientific
TMO
$186B
$118M 0.17% 1,073,611 +140,429 +15% +$15.5M
PCP
116
DELISTED
PRECISION CASTPARTS CORP
PCP
$118M 0.17% 435,284 +75,437 +21% +$20.4M
ALL icon
117
Allstate
ALL
$53.6B
$118M 0.17% 2,187,706 +580,821 +36% +$31.2M
PX
118
DELISTED
Praxair Inc
PX
$116M 0.17% 896,346 +105,933 +13% +$13.7M
D icon
119
Dominion Energy
D
$51.1B
$116M 0.17% 1,795,638 +134,013 +8% +$8.63M
BAX icon
120
Baxter International
BAX
$12.7B
$115M 0.17% 1,662,543 +163,534 +11% +$11.3M
TRV icon
121
Travelers Companies
TRV
$61.1B
$114M 0.16% 1,263,911 +70,130 +6% +$6.31M
BLK icon
122
Blackrock
BLK
$175B
$113M 0.16% 359,445 +17,985 +5% +$5.67M
VLO icon
123
Valero Energy
VLO
$47.2B
$113M 0.16% 2,323,858 +646,097 +39% +$31.5M
ADP icon
124
Automatic Data Processing
ADP
$123B
$112M 0.16% 1,382,630 +44,493 +3% +$3.59M
DFS
125
DELISTED
Discover Financial Services
DFS
$110M 0.16% 2,017,869 +641,155 +47% +$35M