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 |
Intercontinental Exchange
ICE
|
$52.5M |
| 2 |
Coty
COTY
|
$42M |
| 3 |
Monster Beverage
MNST
|
$26.6M |
| 4 |
Yum China
YUMC
|
$22.3M |
| 5 |
Howmet Aerospace
HWM
|
$19M |
Top Sells
| 1 |
Apple
AAPL
|
$99.5M |
| 2 |
Alcoa
AA
|
$84.6M |
| 3 |
Synchrony
SYF
|
$72.8M |
| 4 |
Microsoft
MSFT
|
$68.4M |
| 5 |
JPMorgan Chase
JPM
|
$63.7M |
Sector Composition
| 1 | Financials | 17.68% |
| 2 | Technology | 14.39% |
| 3 | Healthcare | 12.29% |
| 4 | Industrials | 11.07% |
| 5 | Consumer Discretionary | 9.22% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
151
Deere & Co
DE
$129B
| $79.1M | 0.13% |
767,452
-40,000
| -5% | -$4.12M |
|
152
Allstate
ALL
$53.6B
| $78.6M | 0.13% |
1,060,898
-28,600
| -3% | -$2.12M |
|
153
Sysco
SYY
$38.5B
| $78.5M | 0.13% |
1,417,429
-117,100
| -8% | -$6.48M |
|
154
Archer Daniels Midland
ADM
$30.1B
| $78.3M | 0.13% |
1,714,948
-24,300
| -1% | -$1.11M |
|
|
YHOO
155
DELISTED
Yahoo Inc
YHOO
| $77.9M | 0.13% |
2,015,200
-123,600
| -6% | -$4.78M |
|
|
BHI
156
DELISTED
Baker Hughes
BHI
| $77.3M | 0.13% |
1,189,883
+35,400
| +3% | +$2.3M |
|
157
Aflac
AFL
$57.2B
| $77.1M | 0.13% |
1,108,298
-90,200
| -8% | -$6.28M |
|
158
American Electric Power
AEP
$59.4B
| $76.9M | 0.13% |
1,222,153
-73,600
| -6% | -$4.63M |
|
159
HP
HPQ
$26.7B
| $76.5M | 0.13% |
5,153,564
+5,000
| +0.1% | +$74.2K |
|
160
APA Corp
APA
$8.31B
| $75.7M | 0.13% |
1,193,240
-44,700
| -4% | -$2.84M |
|
161
Norfolk Southern
NSC
$62.8B
| $75.7M | 0.13% |
700,631
-32,400
| -4% | -$3.5M |
|
162
Kroger
KR
$44.9B
| $75.4M | 0.13% |
2,184,438
-108,904
| -5% | -$3.76M |
|
163
S&P Global
SPGI
$167B
| $74.7M | 0.13% |
694,388
-41,600
| -6% | -$4.47M |
|
164
Public Storage
PSA
$51.7B
| $74.1M | 0.12% |
331,701
-43,716
| -12% | -$9.77M |
|
165
Humana
HUM
$36.5B
| $72.1M | 0.12% |
353,309
-13,200
| -4% | -$2.69M |
|
166
eBay
EBAY
$41.4B
| $71.6M | 0.12% |
2,412,254
-33,000
| -1% | -$980K |
|
167
Southwest Airlines
LUV
$17.3B
| $71.5M | 0.12% |
1,434,300
-1,224
| -0.1% | -$61K |
|
168
Marriott International Class A Common Stock
MAR
$72.7B
| $70.6M | 0.12% |
853,300
-32,458
| -4% | -$2.68M |
|
169
McKesson
MCK
$85.4B
| $70M | 0.12% |
498,576
-34,900
| -7% | -$4.9M |
|
170
Cognizant
CTSH
$35.3B
| $69.5M | 0.12% |
1,240,100
-100,648
| -8% | -$5.64M |
|
171
Intuit
INTU
$186B
| $69.1M | 0.12% |
603,100
-46,400
| -7% | -$5.32M |
|
172
Freeport-McMoran
FCX
$63.7B
| $69.1M | 0.12% |
5,237,293
-118,300
| -2% | -$1.56M |
|
173
Eaton
ETN
$136B
| $68.6M | 0.12% |
1,022,500
-46,800
| -4% | -$3.14M |
|
|
TFCFA
174
DELISTED
Twenty-First Century Fox, Inc. Class A
TFCFA
| $68.6M | 0.12% |
2,445,859
-120,000
| -5% | -$3.36M |
|
175
O'Reilly Automotive
ORLY
$88B
| $68.4M | 0.11% |
245,700
-27,953
| -10% | -$7.78M |
|