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 |
Intercontinental Exchange
ICE
|
$52.5M |
| 2 |
Coty
COTY
|
$42M |
| 3 |
Monster Beverage
MNST
|
$26.6M |
| 4 |
Yum China
YUMC
|
$22.3M |
| 5 |
Howmet Aerospace
HWM
|
$19M |
Top Sells
| 1 |
Apple
AAPL
|
$99.5M |
| 2 |
Alcoa
AA
|
$84.6M |
| 3 |
Synchrony
SYF
|
$72.8M |
| 4 |
Microsoft
MSFT
|
$68.4M |
| 5 |
JPMorgan Chase
JPM
|
$63.7M |
Sector Composition
| 1 | Financials | 17.68% |
| 2 | Technology | 14.39% |
| 3 | Healthcare | 12.29% |
| 4 | Industrials | 11.07% |
| 5 | Consumer Discretionary | 9.22% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
176
Corning
GLW
$58.5B
| $68.3M | 0.11% |
2,812,586
-178,200
| -6% | -$4.32M |
|
177
Fifth Third Bancorp
FITB
$30.1B
| $67.9M | 0.11% |
2,516,081
+5,900
| +0.2% | +$159K |
|
|
178
Intercontinental Exchange
ICE
$100B
| $67.5M | 0.11% |
1,195,935
+931,102
| +352% | +$52.5M |
|
179
Baxter International
BAX
$12.3B
| $67.4M | 0.11% |
1,519,966
-97,501
| -6% | -$4.32M |
|
180
TE Connectivity
TEL
$60.2B
| $66.9M | 0.11% |
966,205
-48,000
| -5% | -$3.33M |
|
181
American Airlines Group
AAL
$8.7B
| $66.9M | 0.11% |
1,433,000
-79,700
| -5% | -$3.72M |
|
|
PARA
182
DELISTED
Paramount Global Class B
PARA
| $66.7M | 0.11% |
1,049,113
-57,300
| -5% | -$3.65M |
|
183
HCA Healthcare
HCA
$95.4B
| $66.5M | 0.11% |
898,300
-9,500
| -1% | -$703K |
|
184
Air Products & Chemicals
APD
$65B
| $66.3M | 0.11% |
460,716
-30,444
| -6% | -$4.38M |
|
185
Prologis
PLD
$104B
| $66.2M | 0.11% |
1,254,254
+12,700
| +1% | +$670K |
|
186
Zoetis
ZTS
$67.4B
| $66.1M | 0.11% |
1,234,500
-116,700
| -9% | -$6.25M |
|
187
Tesla
TSLA
$1.07T
| $66M | 0.11% |
308,739
+2,339
| +0.8% | +$500K |
|
188
Edison International
EIX
$21.4B
| $65.3M | 0.11% |
906,942
-30,400
| -3% | -$2.19M |
|
189
Fiserv
FI
$73.9B
| $65.3M | 0.11% |
614,200
-48,796
| -7% | -$5.19M |
|
190
Ross Stores
ROST
$49B
| $65.2M | 0.11% |
993,200
-52,176
| -5% | -$3.42M |
|
191
Ecolab
ECL
$78.1B
| $64.8M | 0.11% |
552,900
-76,162
| -12% | -$8.93M |
|
192
Regeneron Pharmaceuticals
REGN
$61.1B
| $64.7M | 0.11% |
176,300
+6,500
| +4% | +$2.39M |
|
193
Crown Castle
CCI
$43B
| $64.7M | 0.11% |
745,400
-74,672
| -9% | -$6.48M |
|
194
Cummins
CMI
$54.3B
| $64M | 0.11% |
468,569
-5,000
| -1% | -$683K |
|
195
Regions Financial
RF
$23.9B
| $63.7M | 0.11% |
4,436,425
-167,800
| -4% | -$2.41M |
|
196
Sempra
SRE
$53.9B
| $62.1M | 0.1% |
617,435
-48,500
| -7% | -$4.88M |
|
197
Public Service Enterprise Group
PEG
$40.8B
| $61.6M | 0.1% |
1,402,965
-123,900
| -8% | -$5.44M |
|
198
PPG Industries
PPG
$24.6B
| $61.4M | 0.1% |
647,434
-40,500
| -6% | -$3.84M |
|
199
Yum! Brands
YUM
$40.2B
| $61.1M | 0.1% |
965,262
-100,000
| -9% | -$6.33M |
|
200
Boston Scientific
BSX
$158B
| $61.1M | 0.1% |
2,824,620
-370,100
| -12% | -$8.01M |
|