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 |
Chubb
CB
|
$44.4M |
| 2 |
Broadcom
AVGO
|
$40.5M |
| 3 |
Chevron
CVX
|
$28.4M |
| 4 |
Weyerhaeuser
WY
|
$27.2M |
| 5 |
Dentsply Sirona
XRAY
|
$21.1M |
Top Sells
| 1 |
CB
CHUBB CORPORATION
CB
|
$93.8M |
| 2 |
PCP
PRECISION CASTPARTS CORP
PCP
|
$83.3M |
| 3 |
BRCM
BROADCOM CORP CL-A
BRCM
|
$79.2M |
| 4 |
Meta Platforms (Facebook)
META
|
$37.7M |
| 5 |
Alphabet (Google) Class C
GOOG
|
$35.7M |
Sector Composition
| 1 | Financials | 15.3% |
| 2 | Technology | 14.55% |
| 3 | Healthcare | 13.35% |
| 4 | Industrials | 10.85% |
| 5 | Consumer Discretionary | 9.91% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
176
Johnson Controls International
JCI
$70.1B
| $69.6M | 0.11% |
1,706,429
-28,841
| -2% | -$1.18M |
|
177
eBay
EBAY
$42.5B
| $69.1M | 0.11% |
2,896,054
-198,715
| -6% | -$4.74M |
|
178
Equity Residential
EQR
$25B
| $69M | 0.11% |
919,956
-60,000
| -6% | -$4.5M |
|
179
CSX Corp
CSX
$60.9B
| $68.1M | 0.11% |
7,929,462
+81,600
| +1% | +$700K |
|
180
Deere & Co
DE
$128B
| $67.1M | 0.11% |
871,952
-85,900
| -9% | -$6.61M |
|
181
Intercontinental Exchange
ICE
$99.9B
| $67M | 0.11% |
1,425,165
-92,500
| -6% | -$4.35M |
|
182
Consolidated Edison
ED
$35.3B
| $66.6M | 0.11% |
869,633
-25,800
| -3% | -$1.98M |
|
183
Archer Daniels Midland
ADM
$29.8B
| $66.5M | 0.11% |
1,830,648
-7,500
| -0.4% | -$272K |
|
184
HP
HPQ
$27B
| $66.2M | 0.11% |
5,374,764
+125,900
| +2% | +$1.55M |
|
185
Norfolk Southern
NSC
$62.8B
| $66M | 0.11% |
792,731
-4,100
| -0.5% | -$341K |
|
|
PARA
186
DELISTED
Paramount Global Class B
PARA
| $66M | 0.11% |
1,197,513
+9,300
| +0.8% | +$512K |
|
187
Omnicom Group
OMC
$15.2B
| $65.8M | 0.11% |
790,810
+25,800
| +3% | +$2.15M |
|
188
Ross Stores
ROST
$50B
| $65.7M | 0.11% |
1,135,376
+16,900
| +2% | +$979K |
|
189
Marathon Petroleum
MPC
$54.4B
| $65.7M | 0.11% |
1,767,734
-500
| -0% | -$18.6K |
|
190
Constellation Brands
STZ
$25.7B
| $65.5M | 0.11% |
433,720
-28,700
| -6% | -$4.34M |
|
191
Boston Scientific
BSX
$159B
| $65.5M | 0.11% |
3,483,120
-19,600
| -0.6% | -$369K |
|
192
Dollar General
DG
$23.9B
| $65.5M | 0.11% |
765,000
+21,600
| +3% | +$1.85M |
|
193
NETSCOUT
NTCT
$1.8B
| $65.4M | 0.11% |
2,846,500
-148,571
| -5% | -$3.41M |
|
194
Lumen
LUMN
$5.1B
| $65.3M | 0.11% |
2,043,101
+229,000
| +13% | +$7.32M |
|
195
TE Connectivity
TEL
$61.6B
| $65.2M | 0.11% |
1,053,005
-56,300
| -5% | -$3.49M |
|
|
196
Weyerhaeuser
WY
$18.4B
| $65.1M | 0.1% |
2,100,500
+877,842
| +72% | +$27.2M |
|
197
VF Corp
VFC
$5.85B
| $65M | 0.1% |
1,066,048
-8,178
| -0.8% | -$499K |
|
198
APA Corp
APA
$8.39B
| $63.9M | 0.1% |
1,309,240
+53,400
| +4% | +$2.61M |
|
199
Xcel Energy
XEL
$42.7B
| $63.2M | 0.1% |
1,510,595
-49,700
| -3% | -$2.08M |
|
|
APC
200
DELISTED
Anadarko Petroleum
APC
| $63.1M | 0.1% |
1,354,177
+24,300
| +2% | +$1.13M |
|