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 |
YHOO
Yahoo Inc
YHOO
|
$84.3M |
| 2 |
Zoetis
ZTS
|
$65.3M |
| 3 |
Yum! Brands
YUM
|
$53.2M |
| 4 |
ATH
Athene Holding Ltd. Class A Common Shares
ATH
|
$45.7M |
| 5 |
Zimmer Biomet
ZBH
|
$40.6M |
Top Sells
| 1 |
Apollo Global Management
APO
|
$122M |
| 2 |
Apple
AAPL
|
$61.9M |
| 3 |
SE
Spectra Energy Corp Wi
SE
|
$57.7M |
| 4 |
STJ
St Jude Medical
STJ
|
$53.3M |
| 5 |
Microsoft
MSFT
|
$51.7M |
Sector Composition
| 1 | Financials | 17.68% |
| 2 | Technology | 15.06% |
| 3 | Healthcare | 12.81% |
| 4 | Industrials | 10.79% |
| 5 | Consumer Discretionary | 9.53% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
126
LyondellBasell Industries
LYB
$17.7B
| $97.8M | 0.16% |
1,072,833
-36,900
| -3% | -$3.36M |
|
127
Kinder Morgan
KMI
$59.1B
| $97.4M | 0.16% |
4,479,336
+31,300
| +0.7% | +$680K |
|
128
Travelers Companies
TRV
$62B
| $97.3M | 0.16% |
806,931
-11,200
| -1% | -$1.35M |
|
|
ESRX
129
DELISTED
Express Scripts Holding Company
ESRX
| $97M | 0.16% |
1,471,200
-79,600
| -5% | -$5.25M |
|
130
Synchrony
SYF
$28.1B
| $95.7M | 0.16% |
2,790,619
-35,500
| -1% | -$1.22M |
|
131
Truist Financial
TFC
$60B
| $95.7M | 0.16% |
2,140,639
+167,400
| +8% | +$7.48M |
|
132
Charles Schwab
SCHW
$167B
| $95.5M | 0.16% |
2,340,885
-33,000
| -1% | -$1.35M |
|
133
Stryker
SYK
$150B
| $93.4M | 0.15% |
709,226
-22,200
| -3% | -$2.92M |
|
134
PayPal
PYPL
$65.2B
| $91.5M | 0.15% |
2,126,754
-90,600
| -4% | -$3.9M |
|
135
CME Group
CME
$94.4B
| $91.4M | 0.15% |
769,730
+37,700
| +5% | +$4.48M |
|
136
Baidu
BIDU
$35.1B
| $90.9M | 0.15% |
526,900
-22,500
| -4% | -$3.88M |
|
137
Becton Dickinson
BDX
$55.1B
| $90.9M | 0.15% |
507,773
-3,690
| -0.7% | -$660K |
|
138
HP
HPQ
$27.4B
| $90.8M | 0.15% |
5,080,164
-73,400
| -1% | -$1.31M |
|
139
Valero Energy
VLO
$48.7B
| $90.6M | 0.15% |
1,366,783
-17,700
| -1% | -$1.17M |
|
140
Cigna
CI
$81.5B
| $90M | 0.15% |
614,046
-13,700
| -2% | -$2.01M |
|
141
Marsh & McLennan
MMC
$100B
| $89.8M | 0.15% |
1,215,600
-64,700
| -5% | -$4.78M |
|
142
PG&E
PCG
$33.2B
| $89.1M | 0.15% |
1,343,263
-21,300
| -2% | -$1.41M |
|
143
Target
TGT
$42.3B
| $88.7M | 0.14% |
1,607,461
-25,100
| -2% | -$1.39M |
|
144
S&P Global
SPGI
$164B
| $87.1M | 0.14% |
666,388
-28,000
| -4% | -$3.66M |
|
145
Tesla
TSLA
$1.13T
| $85.9M | 0.14% |
4,628,085
-3,000
| -0.1% | -$55.7K |
|
|
STI
146
DELISTED
SunTrust Banks, Inc.
STI
| $85.4M | 0.14% |
1,544,500
+35,100
| +2% | +$1.94M |
|
147
Allstate
ALL
$53.1B
| $84.5M | 0.14% |
1,037,398
-23,500
| -2% | -$1.92M |
|
148
State Street
STT
$32B
| $84.5M | 0.14% |
1,061,670
-38,100
| -3% | -$3.03M |
|
|
149
Zimmer Biomet
ZBH
$20.9B
| $84.4M | 0.14% |
774,566
+372,654
| +93% | +$40.6M |
|
|
PX
150
DELISTED
Praxair Inc
PX
| $84M | 0.14% |
708,189
-28,400
| -4% | -$3.37M |
|