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 | |
|---|---|---|---|---|---|---|
151
Charles Schwab
SCHW
$174B
| $78.2M | 0.13% | 2,478,285 -237,600 | -9% | -$7.5M |
|
152
State Street
STT
$32.6B
| $77.6M | 0.13% | 1,114,370 -58,200 | -5% | -$4.05M |
|
153
Crown Castle
CCI
$43.2B
| $77.3M | 0.13% | 820,072 -17,800 | -2% | -$1.68M |
|
154
Truist Financial
TFC
$60.4B
| $77M | 0.13% | 2,042,339 -91,800 | -4% | -$3.46M |
|
155
Baxter International
BAX
$12.7B
| $77M | 0.13% | 1,617,467 -442,200 | -21% | -$21M |
|
156
O'Reilly Automotive
ORLY
$88B
| $76.7M | 0.13% | 273,653 -18,900 | -6% | -$5.29M |
|
157
Stryker
SYK
$150B
| $76.6M | 0.13% | 658,326 -38,000 | -5% | -$4.42M |
|
158
Ecolab
ECL
$78.6B
| $76.6M | 0.13% | 629,062 -34,000 | -5% | -$4.14M |
|
159
Boston Scientific
BSX
$156B
| $76M | 0.13% | 3,194,720 -195,600 | -6% | -$4.66M |
|
160
CSX Corp
CSX
$60.6B
| $75.6M | 0.12% | 2,477,454 -131,500 | -5% | -$4.01M |
|
161
Allstate
ALL
$53.6B
| $75.4M | 0.12% | 1,089,498 -107,800 | -9% | -$7.46M |
|
162
Sysco
SYY
$38.5B
| $75.2M | 0.12% | 1,534,529 -97,300 | -6% | -$4.77M |
|
163
Air Products & Chemicals
APD
$65.5B
| $73.8M | 0.12% | 491,160 -27,000 | -5% | -$4.06M |
|
164
Valero Energy
VLO
$47.2B
| $73.6M | 0.12% | 1,389,583 -96,000 | -6% | -$5.09M |
|
165
Archer Daniels Midland
ADM
$30.1B
| $73.3M | 0.12% | 1,739,248 -72,900 | -4% | -$3.07M |
|
166
Delta Air Lines
DAL
$40.3B
| $72.3M | 0.12% | 1,837,699 -171,900 | -9% | -$6.77M |
|
167
Intuit
INTU
$186B
| $71.5M | 0.12% | 649,500 -36,400 | -5% | -$4M |
|
168
Sempra
SRE
$53.9B
| $71.4M | 0.12% | 665,935 -27,800 | -4% | -$2.98M |
|
169
Intercontinental Exchange
ICE
$101B
| $71.3M | 0.12% | 264,833 -14,200 | -5% | -$3.82M |
|
170
Norfolk Southern
NSC
$62.8B
| $71.1M | 0.12% | 733,031 -42,400 | -5% | -$4.12M |
|
171
PPG Industries
PPG
$25.1B
| $71.1M | 0.12% | 687,934 -49,700 | -7% | -$5.14M |
|
172
Corning
GLW
$57.4B
| $70.7M | 0.12% | 2,990,786 -453,500 | -13% | -$10.7M |
|
173
Intuitive Surgical
ISRG
$170B
| $70.5M | 0.12% | 97,200 -2,300 | -2% | -$1.67M |
|
174
Zoetis
ZTS
$69.3B
| $70.3M | 0.12% | 1,351,200 +32,600 | +2% | +$1.7M |
|
175
Eaton
ETN
$136B
| $70.3M | 0.12% | 1,069,300 -23,300 | -2% | -$1.53M |
|