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 |
Fortive
FTV
|
$29.3M |
| 2 |
Procter & Gamble
PG
|
$21.8M |
| 3 |
INFO
IHS Markit Ltd. Common Shares
INFO
|
$21.3M |
| 4 |
Dell
DELL
|
$20.7M |
| 5 |
Marriott International Class A Common Stock
MAR
|
$20.7M |
Top Sells
| 1 |
EMC
EMC CORPORATION
EMC
|
$132M |
| 2 |
Apple
AAPL
|
$123M |
| 3 |
Exxon Mobil
XOM
|
$55.6M |
| 4 |
Herc Holdings
HRI
|
$54.3M |
| 5 |
JPMorgan Chase
JPM
|
$51M |
Sector Composition
| 1 | Financials | 15.67% |
| 2 | Technology | 14.76% |
| 3 | Healthcare | 13.19% |
| 4 | Industrials | 10.65% |
| 5 | Consumer Discretionary | 9.67% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
126
Applied Materials
AMAT
$128B
| $95.8M | 0.16% | 3,177,090 -81,200 | -2% | -$2.45M |
|
127
Halliburton
HAL
$19.4B
| $95.3M | 0.16% | 2,123,249 -167,900 | -7% | -$7.54M |
|
128
Exelon
EXC
$44.1B
| $94.5M | 0.16% | 2,838,006 -198,700 | -7% | -$6.61M |
|
129
Elevance Health
ELV
$71.8B
| $94.2M | 0.15% | 751,909 -71,700 | -9% | -$8.98M |
|
130
S&P Global
SPGI
$167B
| $93.1M | 0.15% | 735,988 -27,300 | -4% | -$3.46M |
|
|
PX
131
DELISTED
Praxair Inc
PX
| $93M | 0.15% | 769,689 -47,100 | -6% | -$5.69M |
|
132
LyondellBasell Industries
LYB
$18.1B
| $92.3M | 0.15% | 1,144,333 -1,500 | -0.1% | -$121K |
|
|
YHOO
133
DELISTED
Yahoo Inc
YHOO
| $92.2M | 0.15% | 2,138,800 -71,700 | -3% | -$3.09M |
|
134
Waste Management
WM
$91.2B
| $91.8M | 0.15% | 1,440,539 -68,800 | -5% | -$4.39M |
|
135
Marsh & McLennan
MMC
$101B
| $91.8M | 0.15% | 1,364,800 -65,500 | -5% | -$4.4M |
|
136
McKesson
MCK
$85.4B
| $89M | 0.15% | 533,476 -29,500 | -5% | -$4.92M |
|
137
PG&E
PCG
$33.6B
| $87.9M | 0.14% | 1,437,763 -33,700 | -2% | -$2.06M |
|
138
Enterprise Products Partners
EPD
$69.6B
| $87.9M | 0.14% | 3,180,050 -205,000 | -6% | -$5.66M |
|
139
NVIDIA
NVDA
$4.24T
| $87.3M | 0.14% | 1,274,500 -77,600 | -6% | -$5.32M |
|
140
Aflac
AFL
$57.2B
| $86.1M | 0.14% | 1,198,498 -61,900 | -5% | -$4.45M |
|
141
Cigna
CI
$80.3B
| $85.4M | 0.14% | 655,546 -52,900 | -7% | -$6.89M |
|
142
Aon
AON
$79.1B
| $85.4M | 0.14% | 758,880 -37,200 | -5% | -$4.18M |
|
|
APC
143
DELISTED
Anadarko Petroleum
APC
| $84.5M | 0.14% | 1,334,077 -21,900 | -2% | -$1.39M |
|
144
Netflix
NFLX
$513B
| $84.3M | 0.14% | 855,600 -71,300 | -8% | -$7.03M |
|
145
Public Storage
PSA
$51.7B
| $83.8M | 0.14% | 375,417 -20,200 | -5% | -$4.51M |
|
146
American Electric Power
AEP
$59.4B
| $83.2M | 0.14% | 1,295,753 -59,200 | -4% | -$3.8M |
|
147
CME Group
CME
$96B
| $81.1M | 0.13% | 775,630 -41,200 | -5% | -$4.31M |
|
148
eBay
EBAY
$41.4B
| $80.4M | 0.13% | 2,445,254 -156,400 | -6% | -$5.15M |
|
149
HP
HPQ
$26.7B
| $80M | 0.13% | 5,148,564 -206,500 | -4% | -$3.21M |
|
150
APA Corp
APA
$8.31B
| $79.1M | 0.13% | 1,237,940 -66,300 | -5% | -$4.23M |
|