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 |
Apple
AAPL
|
$204M |
| 2 |
Exxon Mobil
XOM
|
$181M |
| 3 |
Alphabet (Google) Class C
GOOG
|
$158M |
| 4 |
Microsoft
MSFT
|
$144M |
| 5 |
Wells Fargo
WFC
|
$129M |
Top Sells
| 1 |
DELL
DELL INC
DELL
|
$68M |
| 2 |
Melco Resorts & Entertainment
MLCO
|
$50M |
| 3 |
NYX
NYSE EURONEXT INC
NYX
|
$31.4M |
| 4 |
SPDR S&P Emerging Markets Small Cap ETF
EWX
|
$31.4M |
| 5 |
Perrigo
PRGO
|
$28.7M |
Sector Composition
| 1 | Financials | 15.94% |
| 2 | Technology | 13.6% |
| 3 | Healthcare | 12.04% |
| 4 | Industrials | 11.44% |
| 5 | Energy | 9.79% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
STI
176
DELISTED
SunTrust Banks, Inc.
STI
| $78.7M | 0.11% |
2,144,416
+447,704
| +26% | +$16.4M |
|
177
Corning
GLW
$57.4B
| $78.1M | 0.11% |
4,404,011
+369,543
| +9% | +$6.55M |
|
178
PPG Industries
PPG
$25.1B
| $78M | 0.11% |
414,667
+25,668
| +7% | +$4.83M |
|
179
TE Connectivity
TEL
$61B
| $77.4M | 0.11% |
1,417,355
+222,350
| +19% | +$12.1M |
|
180
Devon Energy
DVN
$22.9B
| $77.2M | 0.11% |
1,263,571
+53,368
| +4% | +$3.26M |
|
181
American Electric Power
AEP
$59.4B
| $76.8M | 0.11% |
1,654,285
+281,196
| +20% | +$13.1M |
|
182
Waste Management
WM
$91.2B
| $75M | 0.11% |
1,666,339
+277,824
| +20% | +$12.5M |
|
183
Stryker
SYK
$150B
| $74.4M | 0.11% |
986,539
+241,514
| +32% | +$18.2M |
|
184
Aon
AON
$79.1B
| $73.8M | 0.11% |
884,243
+67,995
| +8% | +$5.68M |
|
|
CMCSK
185
DELISTED
COMCAST CORP SPL A (NEW)
CMCSK
| $73.5M | 0.11% |
1,482,800
+147,200
| +11% | +$7.3M |
|
186
Macy's
M
$3.59B
| $73.5M | 0.11% |
1,391,847
+272,134
| +24% | +$14.4M |
|
187
Hartford Financial Services
HIG
$37.2B
| $73.5M | 0.11% |
2,009,517
+391,892
| +24% | +$14.3M |
|
188
Sempra
SRE
$53.9B
| $72.9M | 0.11% |
814,841
+116,686
| +17% | +$10.4M |
|
189
Air Products & Chemicals
APD
$65.5B
| $72.6M | 0.11% |
638,930
+58,966
| +10% | +$6.7M |
|
|
MHFI
190
DELISTED
MCGRAW-HILL FINANCIAL INC COM
MHFI
| $71.8M | 0.1% |
929,982
+77,103
| +9% | +$5.95M |
|
191
Williams Companies
WMB
$70.7B
| $71.3M | 0.1% |
1,864,563
+64,811
| +4% | +$2.48M |
|
192
PACCAR
PCAR
$52.5B
| $70.7M | 0.1% |
1,204,030
+260,574
| +28% | +$15.3M |
|
193
CME Group
CME
$96B
| $69.7M | 0.1% |
872,530
+28,830
| +3% | +$2.3M |
|
194
Fluor
FLR
$6.63B
| $69M | 0.1% |
862,711
+387,275
| +81% | +$31M |
|
|
PXD
195
DELISTED
Pioneer Natural Resource Co.
PXD
| $68.3M | 0.1% |
366,580
+42,340
| +13% | +$7.89M |
|
|
TYC
196
DELISTED
TYCO INTL PLC COM SHS (IRL)
TYC
| $67.8M | 0.1% |
1,668,600
+172,350
| +12% | +$7M |
|
197
Fifth Third Bancorp
FITB
$30.3B
| $67.1M | 0.1% |
3,189,441
+653,396
| +26% | +$13.7M |
|
198
Crown Castle
CCI
$43.2B
| $66.7M | 0.1% |
919,352
+122,180
| +15% | +$8.87M |
|
|
NBL
199
DELISTED
Noble Energy, Inc.
NBL
| $66.5M | 0.1% |
977,794
+85,696
| +10% | +$5.83M |
|
200
International Paper
IP
$26.2B
| $65.8M | 0.1% |
1,336,970
+126,850
| +10% | +$6.25M |
|