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 | |
|---|---|---|---|---|---|---|
126
Capital One
COF
$145B
| $95.4M | 0.15% | 1,502,166 -4,900 | -0.3% | -$311K |
|
127
American Electric Power
AEP
$59.4B
| $95M | 0.15% | 1,354,953 -36,800 | -3% | -$2.58M |
|
128
PG&E
PCG
$33.6B
| $94.1M | 0.15% | 1,471,463 -33,100 | -2% | -$2.12M |
|
129
Yum! Brands
YUM
$40.8B
| $93.7M | 0.15% | 1,129,562 -34,100 | -3% | -$2.83M |
|
|
130
Baxter International
BAX
$12.7B
| $93.1M | 0.15% | 2,059,667 +583,144 | +39% | +$26.4M |
|
131
PayPal
PYPL
$67.1B
| $92.5M | 0.15% | 2,534,469 -98,600 | -4% | -$3.6M |
|
|
PX
132
DELISTED
Praxair Inc
PX
| $91.8M | 0.15% | 816,789 -20,600 | -2% | -$2.32M |
|
133
Becton Dickinson
BDX
$55.3B
| $91.7M | 0.15% | 540,532 -17,400 | -3% | -$2.95M |
|
134
Prudential Financial
PRU
$38.6B
| $91.1M | 0.15% | 1,276,945 -27,600 | -2% | -$1.97M |
|
135
Morgan Stanley
MS
$240B
| $91M | 0.15% | 3,501,910 -39,100 | -1% | -$1.02M |
|
136
Aflac
AFL
$57.2B
| $91M | 0.15% | 1,260,398 +25,300 | +2% | +$1.83M |
|
137
Cigna
CI
$80.3B
| $90.7M | 0.15% | 708,446 -40,000 | -5% | -$5.12M |
|
138
Kinder Morgan
KMI
$60B
| $90.5M | 0.15% | 4,835,236 -47,000 | -1% | -$880K |
|
139
Kroger
KR
$44.9B
| $90.4M | 0.15% | 2,457,042 -159,000 | -6% | -$5.85M |
|
140
Hewlett Packard
HPE
$29.6B
| $89.9M | 0.15% | 4,919,864 -67,900 | -1% | -$1.24M |
|
141
Aon
AON
$79.1B
| $87M | 0.14% | 796,080 -13,300 | -2% | -$1.45M |
|
142
LyondellBasell Industries
LYB
$18.1B
| $85.3M | 0.14% | 1,145,833 -57,500 | -5% | -$4.28M |
|
143
Crown Castle
CCI
$43.2B
| $85M | 0.14% | 837,872 -19,600 | -2% | -$1.99M |
|
144
Netflix
NFLX
$513B
| $84.8M | 0.14% | 926,900 -33,300 | -3% | -$3.05M |
|
145
Cognizant
CTSH
$35.3B
| $84.2M | 0.14% | 1,470,248 -35,300 | -2% | -$2.02M |
|
146
Allstate
ALL
$53.6B
| $83.8M | 0.14% | 1,197,298 -29,500 | -2% | -$2.06M |
|
147
Stryker
SYK
$150B
| $83.4M | 0.14% | 696,326 -59,600 | -8% | -$7.14M |
|
|
YHOO
148
DELISTED
Yahoo Inc
YHOO
| $83M | 0.13% | 2,210,500 -68,200 | -3% | -$2.56M |
|
149
Sysco
SYY
$38.5B
| $82.8M | 0.13% | 1,631,829 +7,700 | +0.5% | +$391K |
|
|
150
S&P Global
SPGI
$167B
| $81.9M | 0.13% | +763,288 | New | +$81.9M |
|