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 |
Coca-Cola
KO
|
$95.4M |
| 2 |
PepsiCo
PEP
|
$73.5M |
| 3 |
Accenture
ACN
|
$68.9M |
| 4 |
Lockheed Martin
LMT
|
$66.5M |
| 5 |
Simon Property Group
SPG
|
$53.6M |
Top Sells
| 1 |
JPMorgan Chase
JPM
|
$144M |
| 2 |
Apple
AAPL
|
$100M |
| 3 |
Berkshire Hathaway Class B
BRK.B
|
$98.3M |
| 4 |
Alphabet (Google) Class A
GOOGL
|
$91.6M |
| 5 |
Meta Platforms (Facebook)
META
|
$65.5M |
Sector Composition
| 1 | Technology | 17.51% |
| 2 | Financials | 17.03% |
| 3 | Healthcare | 13.68% |
| 4 | Consumer Discretionary | 10.35% |
| 5 | Industrials | 10.13% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
151
NXP Semiconductors
NXPI
$57.2B
| $108M | 0.14% |
1,264,689
+253,514
| +25% | +$21.7M |
|
152
Charter Communications
CHTR
$35.7B
| $106M | 0.14% |
326,328
-50,894
| -13% | -$16.6M |
|
153
Micron Technology
MU
$147B
| $106M | 0.14% |
2,345,405
+18,596
| +0.8% | +$841K |
|
154
Charles Schwab
SCHW
$167B
| $106M | 0.14% |
2,151,716
-130,466
| -6% | -$6.41M |
|
155
VF Corp
VFC
$5.86B
| $105M | 0.14% |
1,196,470
+306,416
| +34% | +$27M |
|
156
Consolidated Edison
ED
$35.4B
| $105M | 0.14% |
1,379,193
+258,295
| +23% | +$19.7M |
|
157
Applied Materials
AMAT
$130B
| $103M | 0.13% |
2,661,991
-108,887
| -4% | -$4.21M |
|
158
Sempra
SRE
$52.9B
| $103M | 0.13% |
1,803,706
+351,522
| +24% | +$20M |
|
159
MetLife
MET
$52.9B
| $102M | 0.13% |
2,180,310
-214,074
| -9% | -$10M |
|
160
Public Service Enterprise Group
PEG
$40.5B
| $102M | 0.13% |
1,927,752
+466,419
| +32% | +$24.6M |
|
161
Ford
F
$46.7B
| $102M | 0.13% |
11,001,297
+235,175
| +2% | +$2.18M |
|
162
Illumina
ILMN
$15.7B
| $102M | 0.13% |
284,731
-193
| -0.1% | -$68.9K |
|
163
Amphenol
APH
$135B
| $100M | 0.13% |
4,263,752
+738,660
| +21% | +$17.4M |
|
164
Marathon Petroleum
MPC
$54.8B
| $100M | 0.13% |
1,252,300
-3,812
| -0.3% | -$305K |
|
165
Illinois Tool Works
ITW
$77.6B
| $99.3M | 0.13% |
704,006
-59,773
| -8% | -$8.44M |
|
166
Deere & Co
DE
$128B
| $98.5M | 0.13% |
655,205
-72,863
| -10% | -$11M |
|
167
eBay
EBAY
$42.3B
| $98.3M | 0.13% |
2,975,912
+203,795
| +7% | +$6.73M |
|
168
Eaton
ETN
$136B
| $97.4M | 0.13% |
1,123,285
-53,456
| -5% | -$4.64M |
|
169
Edison International
EIX
$21B
| $96.8M | 0.12% |
1,430,850
+406,212
| +40% | +$27.5M |
|
|
PX
170
DELISTED
Praxair Inc
PX
| $92.8M | 0.12% |
577,298
-25,188
| -4% | -$4.05M |
|
171
Xcel Energy
XEL
$43B
| $91.6M | 0.12% |
1,941,135
+376,869
| +24% | +$17.8M |
|
172
Delta Air Lines
DAL
$39.9B
| $90.6M | 0.12% |
1,566,176
-98,826
| -6% | -$5.72M |
|
173
Paychex
PAYX
$48.7B
| $90.5M | 0.12% |
1,228,839
+287,747
| +31% | +$21.2M |
|
174
LyondellBasell Industries
LYB
$17.7B
| $90.1M | 0.12% |
879,003
-41,840
| -5% | -$4.29M |
|
|
ATVI
175
DELISTED
Activision Blizzard Inc.
ATVI
| $89.4M | 0.12% |
1,075,130
-443,560
| -29% | -$36.9M |
|