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 |
Apollo Global Management
APO
|
$635M |
| 2 |
Verizon
VZ
|
$198M |
| 3 |
EOG Resources
EOG
|
$105M |
| 4 |
Perrigo
PRGO
|
$46M |
| 5 |
Meta Platforms (Facebook)
META
|
$40.8M |
Top Sells
| 1 |
SPDR S&P Emerging Markets Small Cap ETF
EWX
|
$55.6M |
| 2 |
LIFE
LIFE TECHNOLOGIES CORP COM STK (DE)
LIFE
|
$35.3M |
| 3 |
Vodafone
VOD
|
$31.5M |
| 4 |
Voya Financial
VOYA
|
$30.5M |
| 5 |
Walmart
WMT
|
$27.5M |
Sector Composition
| 1 | Financials | 16.29% |
| 2 | Technology | 13.77% |
| 3 | Healthcare | 12.54% |
| 4 | Industrials | 11.11% |
| 5 | Energy | 9.76% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
176
Macy's
M
$4.64B
| $81.8M | 0.12% |
1,401,139
+9,292
| +0.7% | +$542K |
|
177
Kroger
KR
$44.8B
| $80.6M | 0.12% |
3,637,848
-492,574
| -12% | -$10.9M |
|
178
Franklin Resources
BEN
$13B
| $79.6M | 0.11% |
1,504,459
+101,098
| +7% | +$5.35M |
|
179
PPG Industries
PPG
$24.8B
| $78.5M | 0.11% |
815,134
-14,200
| -2% | -$1.37M |
|
180
Invesco
IVZ
$9.81B
| $78.2M | 0.11% |
2,227,071
+276
| +0% | +$9.7K |
|
181
Public Storage
PSA
$52.2B
| $77.4M | 0.11% |
451,599
+31,822
| +8% | +$5.45M |
|
182
Edison International
EIX
$21B
| $77.3M | 0.11% |
1,370,942
-26,200
| -2% | -$1.48M |
|
183
Public Service Enterprise Group
PEG
$40.5B
| $76.4M | 0.11% |
1,992,856
+691
| +0% | +$26.5K |
|
184
Broadcom
AVGO
$1.58T
| $75.9M | 0.11% |
12,607,700
+193,720
| +2% | +$1.17M |
|
185
Zoetis
ZTS
$67.9B
| $75.7M | 0.11% |
2,596,775
-8,410
| -0.3% | -$245K |
|
186
Omnicom Group
OMC
$15.4B
| $75.3M | 0.11% |
1,077,410
-113,920
| -10% | -$7.96M |
|
187
Sempra
SRE
$52.9B
| $74.1M | 0.11% |
1,539,858
-89,824
| -6% | -$4.32M |
|
188
Aon
AON
$79.9B
| $73.2M | 0.1% |
902,043
+17,800
| +2% | +$1.45M |
|
|
PXD
189
DELISTED
Pioneer Natural Resource Co.
PXD
| $73M | 0.1% |
392,568
+25,988
| +7% | +$4.83M |
|
190
Western Digital
WDC
$31.9B
| $72.9M | 0.1% |
1,059,981
+78,200
| +8% | +$5.38M |
|
|
MHFI
191
DELISTED
MCGRAW-HILL FINANCIAL INC COM
MHFI
| $72.8M | 0.1% |
970,582
+40,600
| +4% | +$3.05M |
|
192
Humana
HUM
$37B
| $72.5M | 0.1% |
651,921
+50,590
| +8% | +$5.63M |
|
|
CMCSK
193
DELISTED
COMCAST CORP SPL A (NEW)
CMCSK
| $72M | 0.1% |
1,510,400
+27,600
| +2% | +$1.32M |
|
194
Intercontinental Exchange
ICE
$99.8B
| $71.7M | 0.1% |
1,869,120
+48,695
| +3% | +$1.87M |
|
195
Fifth Third Bancorp
FITB
$30.2B
| $71.6M | 0.1% |
3,187,841
-1,600
| -0.1% | -$35.9K |
|
196
Crown Castle
CCI
$41.9B
| $71.2M | 0.1% |
954,652
+35,300
| +4% | +$2.63M |
|
|
TYC
197
DELISTED
TYCO INTL PLC COM SHS (IRL)
TYC
| $71.2M | 0.1% |
1,644,672
+51,159
| +3% | +$2.21M |
|
198
TE Connectivity
TEL
$61.7B
| $70.7M | 0.1% |
1,196,805
-220,550
| -16% | -$13M |
|
199
PG&E
PCG
$33.2B
| $69.7M | 0.1% |
1,562,263
-29,000
| -2% | -$1.29M |
|
|
CB
200
DELISTED
CHUBB CORPORATION
CB
| $69.7M | 0.1% |
788,026
-145,289
| -16% | -$12.8M |
|