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 |
Kraft Heinz
KHC
|
$103M |
| 2 |
NETSCOUT
NTCT
|
$102M |
| 3 |
PayPal
PYPL
|
$87.9M |
| 4 |
Netflix
NFLX
|
$87.2M |
| 5 |
AT&T
T
|
$53.9M |
Top Sells
| 1 |
Alphabet (Google) Class C
GOOG
|
$798M |
| 2 |
DTV
DIRECTV COM STK (DE)
DTV
|
$134M |
| 3 |
KRFT
KRAFT FOODS GROUP INC COM STK (VA)
KRFT
|
$129M |
| 4 |
Apple
AAPL
|
$56.2M |
| 5 |
Danaher
DHR
|
$50.5M |
Sector Composition
| 1 | Financials | 16.47% |
| 2 | Technology | 14.3% |
| 3 | Healthcare | 14.2% |
| 4 | Industrials | 10.81% |
| 5 | Consumer Discretionary | 9.87% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
151
Allstate
ALL
$53.6B
| $76.6M | 0.13% |
1,315,798
-36,700
| -3% | -$2.14M |
|
152
Illinois Tool Works
ITW
$77.1B
| $76.3M | 0.13% |
927,282
-51,300
| -5% | -$4.22M |
|
153
Archer Daniels Midland
ADM
$30.1B
| $75.5M | 0.13% |
1,821,648
-127,500
| -7% | -$5.28M |
|
154
Johnson Controls International
JCI
$69.9B
| $75M | 0.13% |
1,812,137
-44,900
| -2% | -$1.86M |
|
155
Marsh & McLennan
MMC
$101B
| $74.9M | 0.13% |
1,433,600
-81,400
| -5% | -$4.25M |
|
156
Humana
HUM
$36.5B
| $74.8M | 0.13% |
418,109
-15,900
| -4% | -$2.85M |
|
157
VF Corp
VFC
$5.91B
| $74.3M | 0.13% |
1,089,652
-7,000
| -0.6% | -$477K |
|
158
Aon
AON
$79.1B
| $74M | 0.13% |
834,880
-20,500
| -2% | -$1.82M |
|
159
eBay
EBAY
$41.4B
| $74M | 0.13% |
3,025,769
-53,400
| -2% | -$1.31M |
|
160
Deere & Co
DE
$129B
| $73.8M | 0.13% |
997,952
+1,800
| +0.2% | +$133K |
|
161
Crown Castle
CCI
$43.2B
| $73.8M | 0.13% |
935,972
+1,800
| +0.2% | +$142K |
|
162
Ecolab
ECL
$78.6B
| $73.5M | 0.12% |
670,162
-23,500
| -3% | -$2.58M |
|
163
Equity Residential
EQR
$25.3B
| $73.5M | 0.12% |
978,756
+500
| +0.1% | +$37.6K |
|
164
Stryker
SYK
$150B
| $72.6M | 0.12% |
772,029
+12,800
| +2% | +$1.2M |
|
165
Truist Financial
TFC
$60.4B
| $72.2M | 0.12% |
2,026,896
+67,319
| +3% | +$2.4M |
|
166
CSX Corp
CSX
$60.6B
| $71.6M | 0.12% |
2,662,654
-182,700
| -6% | -$4.91M |
|
167
Aflac
AFL
$57.2B
| $71.3M | 0.12% |
1,226,798
+500
| +0% | +$29.1K |
|
168
Cardinal Health
CAH
$35.5B
| $71.1M | 0.12% |
925,860
-23,900
| -3% | -$1.84M |
|
169
Air Products & Chemicals
APD
$65.5B
| $71.1M | 0.12% |
557,160
-5,200
| -0.9% | -$663K |
|
|
DFS
170
DELISTED
Discover Financial Services
DFS
| $70.6M | 0.12% |
1,357,456
-31,900
| -2% | -$1.66M |
|
|
BRCM
171
DELISTED
BROADCOM CORP CL-A
BRCM
| $70.5M | 0.12% |
1,370,500
-86,300
| -6% | -$4.44M |
|
172
Intercontinental Exchange
ICE
$101B
| $70.1M | 0.12% |
298,133
-8,732
| -3% | -$2.05M |
|
|
YHOO
173
DELISTED
Yahoo Inc
YHOO
| $69.7M | 0.12% |
2,410,600
-155,800
| -6% | -$4.5M |
|
|
MHFI
174
DELISTED
MCGRAW-HILL FINANCIAL INC COM
MHFI
| $69.5M | 0.12% |
803,588
-40,700
| -5% | -$3.52M |
|
175
Intuit
INTU
$186B
| $69M | 0.12% |
777,800
-60,800
| -7% | -$5.4M |
|