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 |
TFCFA
Twenty-First Century Fox, Inc. Class A
TFCFA
|
$141M |
| 2 |
TFCF
Twenty-First Century Fox, Inc. Class B
TFCF
|
$41.7M |
| 3 |
Exxon Mobil
XOM
|
$40.9M |
| 4 |
Intel
INTC
|
$17.3M |
| 5 |
News Corp Class A
NWSA
|
$16.8M |
Top Sells
| 1 |
FON
SPRINT CORP FON COM
FON
|
$64.4M |
| 2 |
SPDR S&P Emerging Markets Small Cap ETF
EWX
|
$49.4M |
| 3 |
BMC
BMC SOFTWARE, INC
BMC
|
$21.9M |
| 4 |
Leidos
LDOS
|
$17.8M |
| 5 |
Halliburton
HAL
|
$15.6M |
Sector Composition
| 1 | Financials | 15.33% |
| 2 | Technology | 13.34% |
| 3 | Healthcare | 11.9% |
| 4 | Industrials | 11.15% |
| 5 | Energy | 10.08% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
SE
176
DELISTED
Spectra Energy Corp Wi
SE
| $59.7M | 0.11% |
1,744,845
+41,239
| +2% | +$1.41M |
|
177
Marathon Petroleum
MPC
$54.2B
| $59.7M | 0.11% |
1,856,242
+26,424
| +1% | +$850K |
|
178
American Electric Power
AEP
$57.8B
| $59.5M | 0.11% |
1,373,089
+40,382
| +3% | +$1.75M |
|
179
Regeneron Pharmaceuticals
REGN
$60.5B
| $59.3M | 0.11% |
189,500
+3,069
| +2% | +$960K |
|
180
Cigna
CI
$81.6B
| $59.2M | 0.11% |
769,607
-9,004
| -1% | -$692K |
|
181
Corning
GLW
$60.2B
| $58.9M | 0.11% |
4,034,468
+65,856
| +2% | +$961K |
|
182
Public Storage
PSA
$51.9B
| $58.6M | 0.11% |
365,096
+4,173
| +1% | +$670K |
|
|
BHI
183
DELISTED
Baker Hughes
BHI
| $58.4M | 0.11% |
1,190,126
+50,310
| +4% | +$2.47M |
|
184
Crown Castle
CCI
$41.8B
| $58.2M | 0.11% |
797,172
+8,955
| +1% | +$654K |
|
|
CMCSK
185
DELISTED
COMCAST CORP SPL A (NEW)
CMCSK
| $57.9M | 0.11% |
1,335,600
+3,095
| +0.2% | +$134K |
|
186
Becton Dickinson
BDX
$54.9B
| $57.5M | 0.11% |
589,271
+7,009
| +1% | +$684K |
|
187
Valero Energy
VLO
$48B
| $57.3M | 0.11% |
1,677,761
+25,681
| +2% | +$877K |
|
188
Waste Management
WM
$89.5B
| $57.3M | 0.11% |
1,388,515
+16,679
| +1% | +$688K |
|
189
Ameriprise Financial
AMP
$46.5B
| $56M | 0.1% |
614,723
-8,508
| -1% | -$775K |
|
|
MHFI
190
DELISTED
MCGRAW-HILL FINANCIAL INC COM
MHFI
| $55.9M | 0.1% |
852,879
+12,196
| +1% | +$800K |
|
|
CHK
191
DELISTED
Chesapeake Energy Corporation
CHK
| $55.3M | 0.1% |
11,300
+208
| +2% | +$1.02M |
|
|
STI
192
DELISTED
SunTrust Banks, Inc.
STI
| $55M | 0.1% |
1,696,712
+22,012
| +1% | +$714K |
|
193
International Paper
IP
$25.4B
| $54.2M | 0.1% |
1,295,777
-5,720
| -0.4% | -$239K |
|
194
Sysco
SYY
$39.3B
| $54M | 0.1% |
1,696,073
+22,346
| +1% | +$711K |
|
195
PG&E
PCG
$33.1B
| $53.8M | 0.1% |
1,314,629
+30,120
| +2% | +$1.23M |
|
196
Boston Scientific
BSX
$159B
| $53.6M | 0.1% |
4,564,449
-94,765
| -2% | -$1.11M |
|
|
LNKD
197
DELISTED
LinkedIn Corporation
LNKD
| $53.5M | 0.1% |
217,600
-3,055
| -1% | -$752K |
|
198
Omnicom Group
OMC
$15.3B
| $53.1M | 0.1% |
837,075
+13,162
| +2% | +$835K |
|
199
VF Corp
VFC
$5.85B
| $52.7M | 0.1% |
1,124,764
+4,668
| +0.4% | +$219K |
|
200
Public Service Enterprise Group
PEG
$40.3B
| $52.5M | 0.1% |
1,595,261
+33,889
| +2% | +$1.12M |
|