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 |
Exxon Mobil
XOM
|
$1.12B |
| 2 |
Apple
AAPL
|
$961M |
| 3 |
Microsoft
MSFT
|
$719M |
| 4 |
GE Aerospace
GE
|
$679M |
| 5 |
Johnson & Johnson
JNJ
|
$661M |
Top Sells
Sector Composition
| 1 | Financials | 15.68% |
| 2 | Technology | 13.22% |
| 3 | Healthcare | 11.84% |
| 4 | Industrials | 10.81% |
| 5 | Energy | 10.12% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
176
Franklin Resources
BEN
$13.4B
| $54.6M | 0.11% |
+1,204,161
| New | +$54.6M |
|
177
Applied Materials
AMAT
$126B
| $54.5M | 0.11% |
+3,657,600
| New | +$54.5M |
|
|
KMP
178
DELISTED
KINDER MORGAN ENER PNTRS L.P.
KMP
| $54.2M | 0.11% |
+634,679
| New | +$54.2M |
|
179
Marsh & McLennan
MMC
$101B
| $54.1M | 0.11% |
+1,354,172
| New | +$54.1M |
|
180
Macy's
M
$4.61B
| $53.9M | 0.11% |
+1,123,388
| New | +$53.9M |
|
181
TE Connectivity
TEL
$61.6B
| $53.9M | 0.11% |
+1,184,021
| New | +$53.9M |
|
182
International Paper
IP
$25.5B
| $53.9M | 0.11% |
+1,301,497
| New | +$53.9M |
|
|
NBL
183
DELISTED
Noble Energy, Inc.
NBL
| $53.5M | 0.11% |
+891,043
| New | +$53.5M |
|
|
STI
184
DELISTED
SunTrust Banks, Inc.
STI
| $52.9M | 0.11% |
+1,674,700
| New | +$52.9M |
|
|
CMCSK
185
DELISTED
COMCAST CORP SPL A (NEW)
CMCSK
| $52.9M | 0.11% |
+1,332,505
| New | +$52.9M |
|
186
Intuitive Surgical
ISRG
$163B
| $52.8M | 0.11% |
+938,727
| New | +$52.8M |
|
|
BHI
187
DELISTED
Baker Hughes
BHI
| $52.6M | 0.11% |
+1,139,816
| New | +$52.6M |
|
188
Air Products & Chemicals
APD
$64.5B
| $52.5M | 0.11% |
+619,941
| New | +$52.5M |
|
189
Aon
AON
$80.5B
| $52.4M | 0.11% |
+814,107
| New | +$52.4M |
|
190
Las Vegas Sands
LVS
$37.8B
| $52.2M | 0.1% |
+985,878
| New | +$52.2M |
|
191
Weyerhaeuser
WY
$18.4B
| $52M | 0.1% |
+1,826,633
| New | +$52M |
|
192
Hartford Financial Services
HIG
$37.9B
| $52M | 0.1% |
+1,682,755
| New | +$52M |
|
193
Cummins
CMI
$55.2B
| $52M | 0.1% |
+479,452
| New | +$52M |
|
194
Healthpeak Properties
DOC
$12.5B
| $51.9M | 0.1% |
+1,253,401
| New | +$51.9M |
|
195
Omnicom Group
OMC
$15.2B
| $51.8M | 0.1% |
+823,913
| New | +$51.8M |
|
196
Ventas
VTR
$30.8B
| $51.1M | 0.1% |
+643,991
| New | +$51.1M |
|
197
Public Service Enterprise Group
PEG
$40.8B
| $51M | 0.1% |
+1,561,372
| New | +$51M |
|
198
VF Corp
VFC
$5.85B
| $50.9M | 0.1% |
+1,120,096
| New | +$50.9M |
|
199
Salesforce
CRM
$233B
| $50.6M | 0.1% |
+1,326,301
| New | +$50.6M |
|
200
Ameriprise Financial
AMP
$48.3B
| $50.4M | 0.1% |
+623,231
| New | +$50.4M |
|