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 |
Fortive
FTV
|
$29.3M |
| 2 |
Procter & Gamble
PG
|
$21.8M |
| 3 |
INFO
IHS Markit Ltd. Common Shares
INFO
|
$21.3M |
| 4 |
Dell
DELL
|
$20.7M |
| 5 |
Marriott International Class A Common Stock
MAR
|
$20.7M |
Top Sells
| 1 |
EMC
EMC CORPORATION
EMC
|
$132M |
| 2 |
Apple
AAPL
|
$123M |
| 3 |
Exxon Mobil
XOM
|
$55.6M |
| 4 |
Herc Holdings
HRI
|
$54.3M |
| 5 |
JPMorgan Chase
JPM
|
$51M |
Sector Composition
| 1 | Financials | 15.67% |
| 2 | Technology | 14.76% |
| 3 | Healthcare | 13.19% |
| 4 | Industrials | 10.65% |
| 5 | Consumer Discretionary | 9.67% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
ATVI
176
DELISTED
Activision Blizzard Inc.
ATVI
| $70.1M | 0.12% | 1,583,000 -49,300 | -3% | -$2.18M |
|
177
Deere & Co
DE
$129B
| $68.9M | 0.11% | 807,452 -47,100 | -6% | -$4.02M |
|
|
STI
178
DELISTED
SunTrust Banks, Inc.
STI
| $68.8M | 0.11% | 1,571,000 -69,900 | -4% | -$3.06M |
|
179
HCA Healthcare
HCA
$94.5B
| $68.7M | 0.11% | 907,800 -23,900 | -3% | -$1.81M |
|
180
Regeneron Pharmaceuticals
REGN
$61.5B
| $68.3M | 0.11% | 169,800 -15,700 | -8% | -$6.31M |
|
181
Kroger
KR
$44.9B
| $68.1M | 0.11% | 2,293,342 -163,700 | -7% | -$4.86M |
|
182
NXP Semiconductors
NXPI
$59.2B
| $68M | 0.11% | 666,408 -42,300 | -6% | -$4.32M |
|
|
DFS
183
DELISTED
Discover Financial Services
DFS
| $67.8M | 0.11% | 1,198,656 -149,700 | -11% | -$8.47M |
|
184
Edison International
EIX
$21.6B
| $67.7M | 0.11% | 937,342 -36,300 | -4% | -$2.62M |
|
185
Ross Stores
ROST
$48.1B
| $67.2M | 0.11% | 1,045,376 -60,100 | -5% | -$3.86M |
|
186
Fidelity National Information Services
FIS
$36.5B
| $67M | 0.11% | 869,983 -54,400 | -6% | -$4.19M |
|
187
Welltower
WELL
$113B
| $67M | 0.11% | 896,060 -35,600 | -4% | -$2.66M |
|
188
Constellation Brands
STZ
$28.5B
| $66.8M | 0.11% | 401,120 -22,300 | -5% | -$3.71M |
|
189
Edwards Lifesciences
EW
$47.8B
| $66.7M | 0.11% | 553,100 -62,100 | -10% | -$7.49M |
|
190
Prologis
PLD
$106B
| $66.5M | 0.11% | 1,241,554 -59,700 | -5% | -$3.2M |
|
191
Fiserv
FI
$75.1B
| $65.9M | 0.11% | 662,996 -54,800 | -8% | -$5.45M |
|
|
SE
192
DELISTED
Spectra Energy Corp Wi
SE
| $65.8M | 0.11% | 1,538,100 -40,900 | -3% | -$1.75M |
|
193
Weyerhaeuser
WY
$18.7B
| $65.7M | 0.11% | 2,056,400 -177,100 | -8% | -$5.66M |
|
194
TE Connectivity
TEL
$61B
| $65.3M | 0.11% | 1,014,205 -47,200 | -4% | -$3.04M |
|
195
Newmont
NEM
$81.7B
| $65.2M | 0.11% | 1,658,916 -131,800 | -7% | -$5.18M |
|
196
Humana
HUM
$36.5B
| $64.8M | 0.11% | 366,509 -28,100 | -7% | -$4.97M |
|
|
PXD
197
DELISTED
Pioneer Natural Resource Co.
PXD
| $64.4M | 0.11% | 347,109 +9,800 | +3% | +$1.82M |
|
198
Marathon Petroleum
MPC
$54.6B
| $64.4M | 0.11% | 1,586,334 -71,800 | -4% | -$2.91M |
|
199
Cognizant
CTSH
$35.3B
| $64M | 0.11% | 1,340,748 -129,500 | -9% | -$6.18M |
|
200
Public Service Enterprise Group
PEG
$41.1B
| $63.9M | 0.11% | 1,526,865 -107,900 | -7% | -$4.52M |
|