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 |
Alphabet (Google) Class A
GOOGL
|
$610M |
| 2 |
Alphabet (Google) Class C
GOOG
|
$578M |
| 3 |
Synchrony
SYF
|
$161M |
| 4 |
Nike
NKE
|
$100M |
| 5 |
Hewlett Packard
HPE
|
$75.4M |
Top Sells
| 1 |
GE Aerospace
GE
|
$121M |
| 2 |
Apple
AAPL
|
$47.2M |
| 3 |
SIAL
SIGMA - ALDRICH CORP
SIAL
|
$44.7M |
| 4 |
CMCSK
COMCAST CORP SPL A (NEW)
CMCSK
|
$39.1M |
| 5 |
ALTR
ALTERA CORP
ALTR
|
$39M |
Sector Composition
| 1 | Financials | 16.32% |
| 2 | Healthcare | 14.37% |
| 3 | Technology | 14.08% |
| 4 | Industrials | 10.55% |
| 5 | Consumer Discretionary | 9.83% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
126
American Tower
AMT
$95.5B
| $103M | 0.16% |
1,063,201
-800
| -0.1% | -$77.6K |
|
127
Prudential Financial
PRU
$38.6B
| $103M | 0.16% |
1,259,645
-11,900
| -0.9% | -$969K |
|
128
General Mills
GIS
$26.4B
| $102M | 0.16% |
1,771,064
-1,100
| -0.1% | -$63.4K |
|
129
Broadcom
AVGO
$1.4T
| $102M | 0.16% |
702,400
+25,100
| +4% | +$3.64M |
|
130
PayPal
PYPL
$67.1B
| $102M | 0.16% |
2,815,169
-15,500
| -0.5% | -$561K |
|
131
Charles Schwab
SCHW
$174B
| $101M | 0.16% |
3,059,685
+14,800
| +0.5% | +$487K |
|
132
Cognizant
CTSH
$35.3B
| $99.1M | 0.16% |
1,651,448
+36,100
| +2% | +$2.17M |
|
|
TFCFA
133
DELISTED
Twenty-First Century Fox, Inc. Class A
TFCFA
| $98.7M | 0.16% |
3,633,859
-114,800
| -3% | -$3.12M |
|
134
Emerson Electric
EMR
$74.3B
| $96.8M | 0.15% |
2,024,397
-34,700
| -2% | -$1.66M |
|
135
Enterprise Products Partners
EPD
$69.6B
| $93.9M | 0.15% |
3,669,550
-3,800
| -0.1% | -$97.2K |
|
|
CB
136
DELISTED
CHUBB CORPORATION
CB
| $93.8M | 0.15% |
707,347
+2,900
| +0.4% | +$385K |
|
137
NETSCOUT
NTCT
$1.79B
| $91.9M | 0.15% |
2,995,071
-1,000
| -0% | -$30.7K |
|
138
Marathon Petroleum
MPC
$54.6B
| $91.7M | 0.14% |
1,768,234
-20,700
| -1% | -$1.07M |
|
139
Becton Dickinson
BDX
$55.3B
| $91.4M | 0.14% |
593,332
+2,600
| +0.4% | +$401K |
|
140
Cardinal Health
CAH
$35.5B
| $87.5M | 0.14% |
979,960
+54,100
| +6% | +$4.83M |
|
141
Illinois Tool Works
ITW
$77.1B
| $85.9M | 0.14% |
927,082
-200
| -0% | -$18.5K |
|
142
eBay
EBAY
$41.4B
| $85M | 0.13% |
3,094,769
+69,000
| +2% | +$1.9M |
|
143
Waste Management
WM
$91.2B
| $84.7M | 0.13% |
1,586,539
-11,900
| -0.7% | -$635K |
|
|
PX
144
DELISTED
Praxair Inc
PX
| $83.7M | 0.13% |
816,989
-5,657
| -0.7% | -$579K |
|
|
PCP
145
DELISTED
PRECISION CASTPARTS CORP
PCP
| $83.3M | 0.13% |
358,900
+2,600
| +0.7% | +$603K |
|
146
Allstate
ALL
$53.6B
| $82.8M | 0.13% |
1,333,998
+18,200
| +1% | +$1.13M |
|
147
O'Reilly Automotive
ORLY
$88B
| $82.8M | 0.13% |
326,553
+500
| +0.2% | +$127K |
|
148
Yum! Brands
YUM
$40.8B
| $82.5M | 0.13% |
1,129,562
+2,518
| +0.2% | +$184K |
|
149
Exelon
EXC
$44.1B
| $81.7M | 0.13% |
2,941,206
+63,200
| +2% | +$1.76M |
|
150
PG&E
PCG
$33.6B
| $81.4M | 0.13% |
1,531,163
-43,900
| -3% | -$2.34M |
|