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 |
S&P Global
SPGI
|
$81.9M |
| 2 |
Charter Communications
CHTR
|
$72.8M |
| 3 |
SHPG
Shire pic
SHPG
|
$37.6M |
| 4 |
Baxter International
BAX
|
$26.4M |
| 5 |
Newell Brands
NWL
|
$18.6M |
Top Sells
Sector Composition
| 1 | Financials | 15.11% |
| 2 | Technology | 13.9% |
| 3 | Healthcare | 13.7% |
| 4 | Industrials | 10.58% |
| 5 | Consumer Discretionary | 9.48% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
101
Kraft Heinz
KHC
$33.1B
| $121M | 0.2% | 1,370,500 -79,200 | -5% | -$7.01M |
|
102
General Mills
GIS
$26.4B
| $121M | 0.2% | 1,697,364 -58,500 | -3% | -$4.17M |
|
|
AET
103
DELISTED
Aetna Inc
AET
| $120M | 0.19% | 981,326 +14,000 | +1% | +$1.71M |
|
|
104
Charter Communications
CHTR
$36.3B
| $119M | 0.19% | 522,494 +318,333 | +156% | +$72.8M |
|
|
RTN
105
DELISTED
Raytheon Company
RTN
| $117M | 0.19% | 863,231 -7,800 | -0.9% | -$1.06M |
|
106
EOG Resources
EOG
$68.2B
| $116M | 0.19% | 1,390,710 -94,300 | -6% | -$7.87M |
|
107
American Tower
AMT
$95.5B
| $115M | 0.19% | 1,011,501 +10,800 | +1% | +$1.23M |
|
108
Salesforce
CRM
$245B
| $114M | 0.18% | 1,432,100 -38,700 | -3% | -$3.07M |
|
109
Automatic Data Processing
ADP
$123B
| $113M | 0.18% | 1,225,566 -38,000 | -3% | -$3.49M |
|
110
Exelon
EXC
$44.1B
| $110M | 0.18% | 3,036,706 -11,000 | -0.4% | -$400K |
|
111
Blackrock
BLK
$175B
| $110M | 0.18% | 321,100 -3,600 | -1% | -$1.23M |
|
112
Travelers Companies
TRV
$61.1B
| $110M | 0.18% | 921,831 -35,200 | -4% | -$4.19M |
|
113
Elevance Health
ELV
$71.8B
| $108M | 0.18% | 823,609 +16,700 | +2% | +$2.19M |
|
114
Emerson Electric
EMR
$74.3B
| $108M | 0.17% | 2,068,797 -50,000 | -2% | -$2.61M |
|
115
General Motors
GM
$55.8B
| $108M | 0.17% | 3,800,000 -186,400 | -5% | -$5.28M |
|
116
FedEx
FDX
$54.5B
| $105M | 0.17% | 693,126 -73,900 | -10% | -$11.2M |
|
117
McKesson
MCK
$85.4B
| $105M | 0.17% | 562,976 -10,800 | -2% | -$2.02M |
|
118
Halliburton
HAL
$19.4B
| $104M | 0.17% | 2,291,149 +8,800 | +0.4% | +$399K |
|
119
MetLife
MET
$54.1B
| $103M | 0.17% | 2,587,735 -12,900 | -0.5% | -$514K |
|
120
Illinois Tool Works
ITW
$77.1B
| $101M | 0.16% | 972,982 +2,000 | +0.2% | +$208K |
|
121
Public Storage
PSA
$51.7B
| $101M | 0.16% | 395,617 -12,200 | -3% | -$3.12M |
|
122
Baidu
BIDU
$32.8B
| $100M | 0.16% | 607,992 -18,200 | -3% | -$3.01M |
|
123
Waste Management
WM
$91.2B
| $100M | 0.16% | 1,509,339 -41,000 | -3% | -$2.72M |
|
124
Enterprise Products Partners
EPD
$69.6B
| $99M | 0.16% | 3,385,050 -95,700 | -3% | -$2.8M |
|
125
Marsh & McLennan
MMC
$101B
| $97.9M | 0.16% | 1,430,300 -34,700 | -2% | -$2.38M |
|