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 |
NVIDIA
NVDA
|
$584M |
| 2 |
Tesla
TSLA
|
$574M |
| 3 |
Microsoft
MSFT
|
$567M |
| 4 |
Apple
AAPL
|
$290M |
| 5 |
Chevron
CVX
|
$156M |
Top Sells
| 1 |
Eli Lilly
LLY
|
$437M |
| 2 |
Regeneron Pharmaceuticals
REGN
|
$114M |
| 3 |
Verizon
VZ
|
$113M |
| 4 |
Oracle
ORCL
|
$106M |
| 5 |
Mastercard
MA
|
$98.4M |
Sector Composition
| 1 | Technology | 28.31% |
| 2 | Healthcare | 14.61% |
| 3 | Financials | 12.06% |
| 4 | Consumer Discretionary | 10% |
| 5 | Consumer Staples | 7.82% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
151
American Express
AXP
$229B
| $165M | 0.14% |
1,105,262
+14,510
| +1% | +$2.16M |
|
152
3M
MMM
$81.8B
| $165M | 0.14% |
2,105,029
+28,335
| +1% | +$2.22M |
|
153
Eaton
ETN
$135B
| $161M | 0.14% |
755,170
+9,066
| +1% | +$1.93M |
|
154
Gartner
IT
$18B
| $159M | 0.14% |
463,706
+1,401
| +0.3% | +$481K |
|
155
WEC Energy
WEC
$34.5B
| $158M | 0.14% |
1,966,054
-3,842
| -0.2% | -$309K |
|
156
Schlumberger
SLB
$53.6B
| $155M | 0.13% |
2,661,286
+35,647
| +1% | +$2.08M |
|
157
Charles Schwab
SCHW
$176B
| $153M | 0.13% |
2,795,304
+40,095
| +1% | +$2.2M |
|
158
Cencora
COR
$57.1B
| $152M | 0.13% |
846,696
+131,625
| +18% | +$23.7M |
|
159
Yum! Brands
YUM
$39.7B
| $149M | 0.13% |
1,196,411
+28,507
| +2% | +$3.56M |
|
160
Realty Income
O
$53.1B
| $149M | 0.13% |
2,984,686
+430,880
| +17% | +$21.5M |
|
161
EOG Resources
EOG
$66.6B
| $145M | 0.13% |
1,145,976
+66,682
| +6% | +$8.45M |
|
162
American Water Works
AWK
$27.5B
| $145M | 0.12% |
1,170,587
+12,061
| +1% | +$1.49M |
|
163
Dollar General
DG
$23.8B
| $143M | 0.12% |
1,350,306
-8,949
| -0.7% | -$947K |
|
164
Church & Dwight Co
CHD
$23.1B
| $139M | 0.12% |
1,514,464
+16,086
| +1% | +$1.47M |
|
165
Hewlett Packard
HPE
$30.9B
| $137M | 0.12% |
7,910,836
+359,590
| +5% | +$6.25M |
|
166
Micron Technology
MU
$135B
| $137M | 0.12% |
2,018,395
-1,362
| -0.1% | -$92.7K |
|
167
Corning
GLW
$59.7B
| $137M | 0.12% |
4,486,974
+377,459
| +9% | +$11.5M |
|
168
Illinois Tool Works
ITW
$77B
| $135M | 0.12% |
586,055
+5,289
| +0.9% | +$1.22M |
|
169
Marathon Petroleum
MPC
$54.6B
| $134M | 0.12% |
885,779
-289
| -0% | -$43.7K |
|
170
Palo Alto Networks
PANW
$130B
| $132M | 0.11% |
1,128,908
+38,006
| +3% | +$4.46M |
|
171
Broadridge
BR
$29.4B
| $131M | 0.11% |
729,354
-13,007
| -2% | -$2.33M |
|
172
Travelers Companies
TRV
$62.8B
| $129M | 0.11% |
791,492
+30,042
| +4% | +$4.91M |
|
173
Genuine Parts
GPC
$19.6B
| $127M | 0.11% |
882,332
+168
| +0% | +$24.3K |
|
174
KLA
KLAC
$115B
| $127M | 0.11% |
276,544
+3,580
| +1% | +$1.64M |
|
175
Markel Group
MKL
$24.8B
| $127M | 0.11% |
85,997
-438
| -0.5% | -$645K |
|