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 |
Alphabet (Google) Class A
GOOGL
|
$610M |
| 2 |
Alphabet (Google) Class C
GOOG
|
$578M |
| 3 |
Synchrony
SYF
|
$161M |
| 4 |
Nike
NKE
|
$100M |
| 5 |
Hewlett Packard
HPE
|
$75.4M |
Top Sells
| 1 |
GE Aerospace
GE
|
$121M |
| 2 |
Apple
AAPL
|
$47.2M |
| 3 |
SIAL
SIGMA - ALDRICH CORP
SIAL
|
$44.7M |
| 4 |
CMCSK
COMCAST CORP SPL A (NEW)
CMCSK
|
$39.1M |
| 5 |
ALTR
ALTERA CORP
ALTR
|
$39M |
Sector Composition
| 1 | Financials | 16.32% |
| 2 | Healthcare | 14.37% |
| 3 | Technology | 14.08% |
| 4 | Industrials | 10.55% |
| 5 | Consumer Discretionary | 9.83% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
151
CME Group
CME
$96B
| $80.9M | 0.13% | 893,430 +25,300 | +3% | +$2.29M |
|
152
Southwest Airlines
LUV
$17.3B
| $80.3M | 0.13% | 1,865,724 +103,600 | +6% | +$4.46M |
|
|
YHOO
153
DELISTED
Yahoo Inc
YHOO
| $80.3M | 0.13% | 2,412,800 +2,200 | +0.1% | +$73.2K |
|
154
State Street
STT
$32.6B
| $80.2M | 0.13% | 1,208,770 -29,200 | -2% | -$1.94M |
|
155
Ecolab
ECL
$78.6B
| $80.1M | 0.13% | 700,162 +30,000 | +4% | +$3.43M |
|
156
Equity Residential
EQR
$25.3B
| $80M | 0.13% | 979,956 +1,200 | +0.1% | +$97.9K |
|
157
Truist Financial
TFC
$60.4B
| $79.4M | 0.13% | 2,099,196 +72,300 | +4% | +$2.73M |
|
|
BRCM
158
DELISTED
BROADCOM CORP CL-A
BRCM
| $79.2M | 0.13% | 1,370,500 | – | – |
|
159
Crown Castle
CCI
$43.2B
| $79.2M | 0.13% | 915,572 -20,400 | -2% | -$1.76M |
|
160
Halliburton
HAL
$19.4B
| $79M | 0.13% | 2,322,249 +26,200 | +1% | +$892K |
|
|
MHFI
161
DELISTED
MCGRAW-HILL FINANCIAL INC COM
MHFI
| $78.4M | 0.12% | 795,088 -8,500 | -1% | -$838K |
|
162
American Electric Power
AEP
$59.4B
| $78.2M | 0.12% | 1,341,453 -73,300 | -5% | -$4.27M |
|
163
Intercontinental Exchange
ICE
$101B
| $77.8M | 0.12% | 303,533 +5,400 | +2% | +$1.38M |
|
164
Marsh & McLennan
MMC
$101B
| $77.5M | 0.12% | 1,397,400 -36,200 | -3% | -$2.01M |
|
165
Intuit
INTU
$186B
| $76.9M | 0.12% | 797,300 +19,500 | +3% | +$1.88M |
|
|
166
Hewlett Packard
HPE
$29.6B
| $75.4M | 0.12% | +4,957,364 | New | +$75.4M |
|
167
Vertex Pharmaceuticals
VRTX
$100B
| $75.3M | 0.12% | 598,700 +400 | +0.1% | +$50.3K |
|
168
Humana
HUM
$36.5B
| $73.8M | 0.12% | 413,209 -4,900 | -1% | -$875K |
|
169
Aflac
AFL
$57.2B
| $73.5M | 0.12% | 1,227,698 +900 | +0.1% | +$53.9K |
|
|
STI
170
DELISTED
SunTrust Banks, Inc.
STI
| $73.4M | 0.12% | 1,713,300 +16,600 | +1% | +$711K |
|
|
DFS
171
DELISTED
Discover Financial Services
DFS
| $73.2M | 0.12% | 1,365,756 +8,300 | +0.6% | +$445K |
|
172
Cencora
COR
$56.5B
| $73.2M | 0.12% | 706,000 +2,700 | +0.4% | +$280K |
|
173
PPG Industries
PPG
$25.1B
| $73.2M | 0.12% | 740,434 -20,500 | -3% | -$2.03M |
|
174
Deere & Co
DE
$129B
| $73.1M | 0.12% | 957,852 -40,100 | -4% | -$3.06M |
|
175
Aon
AON
$79.1B
| $72.9M | 0.12% | 790,780 -44,100 | -5% | -$4.07M |
|