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 |
AGN
Allergan plc
AGN
|
$57.2M |
| 2 |
WFT
Weatherford International plc
WFT
|
$42.9M |
| 3 |
Liberty Media Series C
FWONK
|
$27.2M |
| 4 |
Meta Platforms (Facebook)
META
|
$25.2M |
| 5 |
Alibaba
BABA
|
$22.2M |
Top Sells
| 1 |
SPDR S&P Emerging Markets Small Cap ETF
EWX
|
$98.2M |
| 2 |
FRX
FOREST LABORATORIES INC
FRX
|
$73.6M |
| 3 |
Exxon Mobil
XOM
|
$43M |
| 4 |
HSH
HILLSHIRE BRANDS CO
HSH
|
$38.7M |
| 5 |
Apple
AAPL
|
$33.3M |
Sector Composition
| 1 | Financials | 16.01% |
| 2 | Technology | 14.34% |
| 3 | Healthcare | 13.09% |
| 4 | Industrials | 10.65% |
| 5 | Energy | 9.58% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
151
General Mills
GIS
$26.5B
| $96.8M | 0.13% |
1,918,236
+309
| +0% | +$15.6K |
|
152
Kroger
KR
$44.9B
| $95.8M | 0.13% |
3,684,810
+40,944
| +1% | +$1.06M |
|
153
Illinois Tool Works
ITW
$77.4B
| $95.7M | 0.13% |
1,133,282
+19,300
| +2% | +$1.63M |
|
154
Charles Schwab
SCHW
$177B
| $94.6M | 0.13% |
3,219,879
-78,595
| -2% | -$2.31M |
|
155
Williams Companies
WMB
$70.3B
| $94.6M | 0.13% |
1,709,284
+8,149
| +0.5% | +$451K |
|
|
VIAB
156
DELISTED
Viacom Inc. Class B
VIAB
| $94.4M | 0.13% |
1,227,084
-109,170
| -8% | -$8.4M |
|
157
Ecolab
ECL
$78B
| $94.4M | 0.13% |
821,962
+12,900
| +2% | +$1.48M |
|
158
American Electric Power
AEP
$58.1B
| $91.7M | 0.13% |
1,756,383
-41,900
| -2% | -$2.19M |
|
159
Valero Energy
VLO
$48.3B
| $91.7M | 0.13% |
1,981,542
-203,116
| -9% | -$9.4M |
|
|
BHI
160
DELISTED
Baker Hughes
BHI
| $90.9M | 0.13% |
1,397,816
-27,750
| -2% | -$1.81M |
|
161
Cardinal Health
CAH
$35.7B
| $90.5M | 0.13% |
1,207,769
-59,731
| -5% | -$4.48M |
|
162
NOV
NOV
$4.96B
| $88.6M | 0.12% |
1,164,682
-66,500
| -5% | -$5.06M |
|
163
Johnson Controls International
JCI
$70.1B
| $87.7M | 0.12% |
1,902,548
-94,927
| -5% | -$4.37M |
|
164
Deere & Co
DE
$128B
| $86.7M | 0.12% |
1,057,452
-6,013
| -0.6% | -$493K |
|
165
Stryker
SYK
$151B
| $85.5M | 0.12% |
1,058,316
+3,140
| +0.3% | +$254K |
|
166
Western Digital
WDC
$31.4B
| $85.1M | 0.12% |
1,156,770
+100,524
| +10% | +$7.39M |
|
|
MHFI
167
DELISTED
MCGRAW-HILL FINANCIAL INC COM
MHFI
| $84.3M | 0.12% |
998,782
+44,400
| +5% | +$3.75M |
|
168
Devon Energy
DVN
$22.6B
| $84.1M | 0.12% |
1,232,871
+13,900
| +1% | +$948K |
|
169
Vertex Pharmaceuticals
VRTX
$102B
| $84M | 0.12% |
747,686
+27,692
| +4% | +$3.11M |
|
170
Alcoa
AA
$8.1B
| $83.6M | 0.12% |
2,162,531
+101,067
| +5% | +$3.91M |
|
171
PPG Industries
PPG
$24.7B
| $83.5M | 0.12% |
849,108
+48,774
| +6% | +$4.8M |
|
|
KRFT
172
DELISTED
KRAFT FOODS GROUP INC COM STK (VA)
KRFT
| $83.5M | 0.12% |
1,480,270
-67,600
| -4% | -$3.81M |
|
173
Eaton
ETN
$136B
| $82.3M | 0.11% |
1,299,112
-145,664
| -10% | -$9.23M |
|
174
Humana
HUM
$37.5B
| $81.7M | 0.11% |
627,151
-89,163
| -12% | -$11.6M |
|
175
Truist Financial
TFC
$60.7B
| $81.1M | 0.11% |
2,178,359
-117,614
| -5% | -$4.38M |
|