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 |
TFCFA
Twenty-First Century Fox, Inc. Class A
TFCFA
|
$141M |
| 2 |
TFCF
Twenty-First Century Fox, Inc. Class B
TFCF
|
$41.7M |
| 3 |
Exxon Mobil
XOM
|
$40.9M |
| 4 |
Intel
INTC
|
$17.3M |
| 5 |
News Corp Class A
NWSA
|
$16.8M |
Top Sells
| 1 |
FON
SPRINT CORP FON COM
FON
|
$64.4M |
| 2 |
SPDR S&P Emerging Markets Small Cap ETF
EWX
|
$49.4M |
| 3 |
BMC
BMC SOFTWARE, INC
BMC
|
$21.9M |
| 4 |
Leidos
LDOS
|
$17.8M |
| 5 |
Halliburton
HAL
|
$15.6M |
Sector Composition
| 1 | Financials | 15.33% |
| 2 | Technology | 13.34% |
| 3 | Healthcare | 11.9% |
| 4 | Industrials | 11.15% |
| 5 | Energy | 10.08% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
126
Illinois Tool Works
ITW
$77.4B
| $83.8M | 0.16% |
1,098,859
+12,518
| +1% | +$955K |
|
|
YHOO
127
DELISTED
Yahoo Inc
YHOO
| $82.6M | 0.15% |
2,490,525
+10,341
| +0.4% | +$343K |
|
128
Enterprise Products Partners
EPD
$68.9B
| $82.5M | 0.15% |
2,703,600
+28,412
| +1% | +$867K |
|
|
PCP
129
DELISTED
PRECISION CASTPARTS CORP
PCP
| $81.8M | 0.15% |
359,847
+3,968
| +1% | +$902K |
|
130
Allstate
ALL
$54.9B
| $81.2M | 0.15% |
1,606,885
+1,782
| +0.1% | +$90.1K |
|
131
LyondellBasell Industries
LYB
$17.5B
| $80.5M | 0.15% |
1,098,706
+51,398
| +5% | +$3.76M |
|
132
CSX Corp
CSX
$60.9B
| $80.1M | 0.15% |
9,333,462
+135,891
| +1% | +$1.17M |
|
|
KRFT
133
DELISTED
KRAFT FOODS GROUP INC COM STK (VA)
KRFT
| $79.8M | 0.15% |
1,522,673
+5,546
| +0.4% | +$291K |
|
|
RTN
134
DELISTED
Raytheon Company
RTN
| $79M | 0.15% |
1,025,453
+5,356
| +0.5% | +$413K |
|
135
General Mills
GIS
$26.5B
| $78.5M | 0.15% |
1,639,027
+8,862
| +0.5% | +$425K |
|
136
Aflac
AFL
$58.1B
| $78.3M | 0.15% |
2,527,110
+19,946
| +0.8% | +$618K |
|
137
Eaton
ETN
$136B
| $78.3M | 0.15% |
1,137,748
+34,879
| +3% | +$2.4M |
|
|
MRO
138
DELISTED
Marathon Oil Corporation
MRO
| $78.1M | 0.14% |
2,239,543
-3,238
| -0.1% | -$113K |
|
139
Zoetis
ZTS
$67.9B
| $77.8M | 0.14% |
2,500,700
+76,108
| +3% | +$2.37M |
|
140
Northrop Grumman
NOC
$83B
| $76.5M | 0.14% |
803,226
+1,084
| +0.1% | +$103K |
|
141
Adobe
ADBE
$146B
| $75.8M | 0.14% |
1,458,930
+13,417
| +0.9% | +$697K |
|
|
COV
142
DELISTED
COVIDIEN PLC COM SHS NEW (IRELAND)
COV
| $75.6M | 0.14% |
1,240,435
-144,117
| -10% | -$8.78M |
|
143
Johnson Controls International
JCI
$70.1B
| $75.1M | 0.14% |
1,729,089
+9,294
| +0.5% | +$404K |
|
|
CB
144
DELISTED
CHUBB CORPORATION
CB
| $74.4M | 0.14% |
833,259
+12,037
| +1% | +$1.07M |
|
|
AET
145
DELISTED
Aetna Inc
AET
| $74M | 0.14% |
1,156,313
-7,154
| -0.6% | -$458K |
|
|
HES
146
DELISTED
Hess
HES
| $73.1M | 0.14% |
944,577
-744
| -0.1% | -$57.5K |
|
147
American Tower
AMT
$91.4B
| $72.9M | 0.14% |
983,061
+11,011
| +1% | +$816K |
|
148
Norfolk Southern
NSC
$62.8B
| $72.4M | 0.13% |
936,404
+25,312
| +3% | +$1.96M |
|
149
Kroger
KR
$44.9B
| $70.7M | 0.13% |
3,503,934
-50,926
| -1% | -$1.03M |
|
150
Devon Energy
DVN
$22.6B
| $69.9M | 0.13% |
1,210,203
+25,697
| +2% | +$1.48M |
|