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 |
YHOO
Yahoo Inc
YHOO
|
$84.3M |
| 2 |
Zoetis
ZTS
|
$65.3M |
| 3 |
Yum! Brands
YUM
|
$53.2M |
| 4 |
ATH
Athene Holding Ltd. Class A Common Shares
ATH
|
$45.7M |
| 5 |
Zimmer Biomet
ZBH
|
$40.6M |
Top Sells
| 1 |
Apollo Global Management
APO
|
$122M |
| 2 |
Apple
AAPL
|
$61.9M |
| 3 |
SE
Spectra Energy Corp Wi
SE
|
$57.7M |
| 4 |
STJ
St Jude Medical
STJ
|
$53.3M |
| 5 |
Microsoft
MSFT
|
$51.7M |
Sector Composition
| 1 | Financials | 17.68% |
| 2 | Technology | 15.06% |
| 3 | Healthcare | 12.81% |
| 4 | Industrials | 10.79% |
| 5 | Consumer Discretionary | 9.53% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
151
General Mills
GIS
$27B
| $82.6M | 0.13% |
1,400,564
-92,000
| -6% | -$5.43M |
|
152
Enterprise Products Partners
EPD
$68.6B
| $82.4M | 0.13% |
2,984,550
-14,800
| -0.5% | -$409K |
|
|
APC
153
DELISTED
Anadarko Petroleum
APC
| $81.6M | 0.13% |
1,316,177
-112,500
| -8% | -$6.98M |
|
154
Deere & Co
DE
$128B
| $81.3M | 0.13% |
746,552
-20,900
| -3% | -$2.28M |
|
155
Johnson Controls International
JCI
$69.5B
| $80.8M | 0.13% |
1,918,504
-232,645
| -11% | -$9.8M |
|
156
HCA Healthcare
HCA
$98.5B
| $80M | 0.13% |
898,700
+400
| +0% | +$35.6K |
|
157
American Electric Power
AEP
$57.8B
| $79.9M | 0.13% |
1,190,553
-31,600
| -3% | -$2.12M |
|
158
Marathon Petroleum
MPC
$54.8B
| $79.3M | 0.13% |
1,569,234
-61,800
| -4% | -$3.12M |
|
159
Aon
AON
$79.9B
| $78.1M | 0.13% |
658,180
-52,200
| -7% | -$6.2M |
|
160
Norfolk Southern
NSC
$62.3B
| $77.8M | 0.13% |
694,731
-5,900
| -0.8% | -$661K |
|
161
Baxter International
BAX
$12.5B
| $77.6M | 0.13% |
1,496,566
-23,400
| -2% | -$1.21M |
|
162
eBay
EBAY
$42.3B
| $77.3M | 0.13% |
2,303,454
-108,800
| -5% | -$3.65M |
|
|
DFS
163
DELISTED
Discover Financial Services
DFS
| $77.3M | 0.13% |
1,129,856
-37,400
| -3% | -$2.56M |
|
164
Aflac
AFL
$57.2B
| $77M | 0.13% |
2,125,596
-91,000
| -4% | -$3.3M |
|
165
Archer Daniels Midland
ADM
$30.2B
| $76.5M | 0.12% |
1,662,248
-52,700
| -3% | -$2.43M |
|
166
Southwest Airlines
LUV
$16.5B
| $76M | 0.12% |
1,413,600
-20,700
| -1% | -$1.11M |
|
167
Intercontinental Exchange
ICE
$99.8B
| $75.9M | 0.12% |
1,268,335
+72,400
| +6% | +$4.33M |
|
168
Marriott International Class A Common Stock
MAR
$71.9B
| $75.2M | 0.12% |
798,340
-54,960
| -6% | -$5.18M |
|
169
Public Storage
PSA
$52.2B
| $74.6M | 0.12% |
340,901
+9,200
| +3% | +$2.01M |
|
170
McKesson
MCK
$85.5B
| $74.6M | 0.12% |
502,876
+4,300
| +0.9% | +$638K |
|
171
Corning
GLW
$61B
| $74.1M | 0.12% |
2,743,986
-68,600
| -2% | -$1.85M |
|
172
Micron Technology
MU
$147B
| $73.6M | 0.12% |
2,546,600
-64,200
| -2% | -$1.86M |
|
|
ATVI
173
DELISTED
Activision Blizzard Inc.
ATVI
| $72.8M | 0.12% |
1,459,500
+51,500
| +4% | +$2.57M |
|
174
Eaton
ETN
$136B
| $71.9M | 0.12% |
969,000
-53,500
| -5% | -$3.97M |
|
175
TE Connectivity
TEL
$61.7B
| $71.5M | 0.12% |
959,105
-7,100
| -0.7% | -$529K |
|