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 |
YHOO
Yahoo Inc
YHOO
|
$84.3M |
| 2 |
Zoetis
ZTS
|
$65.3M |
| 3 |
Yum! Brands
YUM
|
$53.2M |
| 4 |
ATH
Athene Holding Ltd. Class A Common Shares
ATH
|
$45.7M |
| 5 |
Zimmer Biomet
ZBH
|
$40.6M |
Top Sells
| 1 |
Apollo Global Management
APO
|
$122M |
| 2 |
Apple
AAPL
|
$61.9M |
| 3 |
SE
Spectra Energy Corp Wi
SE
|
$57.7M |
| 4 |
STJ
St Jude Medical
STJ
|
$53.3M |
| 5 |
Microsoft
MSFT
|
$51.7M |
Sector Composition
| 1 | Financials | 17.68% |
| 2 | Technology | 15.06% |
| 3 | Healthcare | 12.81% |
| 4 | Industrials | 10.79% |
| 5 | Consumer Discretionary | 9.53% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
176
Cognizant
CTSH
$35.1B
| $71.3M | 0.12% |
1,197,700
-42,400
| -3% | -$2.52M |
|
177
Edison International
EIX
$21B
| $71M | 0.12% |
891,642
-15,300
| -2% | -$1.22M |
|
178
Delta Air Lines
DAL
$39.9B
| $69.2M | 0.11% |
1,505,500
-214,400
| -12% | -$9.85M |
|
179
Boston Scientific
BSX
$159B
| $69M | 0.11% |
2,775,420
-49,200
| -2% | -$1.22M |
|
180
Humana
HUM
$37B
| $68.8M | 0.11% |
333,709
-19,600
| -6% | -$4.04M |
|
|
PARA
181
DELISTED
Paramount Global Class B
PARA
| $68.1M | 0.11% |
981,813
-67,300
| -6% | -$4.67M |
|
182
Crown Castle
CCI
$41.9B
| $68M | 0.11% |
720,400
-25,000
| -3% | -$2.36M |
|
183
Intuitive Surgical
ISRG
$167B
| $67.3M | 0.11% |
790,200
-3,600
| -0.5% | -$307K |
|
184
Sysco
SYY
$39.4B
| $67.1M | 0.11% |
1,293,029
-124,400
| -9% | -$6.46M |
|
185
Ecolab
ECL
$77.6B
| $67.1M | 0.11% |
535,300
-17,600
| -3% | -$2.21M |
|
186
Air Products & Chemicals
APD
$64.5B
| $67.1M | 0.11% |
495,816
+35,100
| +8% | +$4.75M |
|
187
Fiserv
FI
$73.4B
| $67M | 0.11% |
1,162,200
-66,200
| -5% | -$3.82M |
|
188
Cummins
CMI
$55.1B
| $66.8M | 0.11% |
441,769
-26,800
| -6% | -$4.05M |
|
189
PPG Industries
PPG
$24.8B
| $66.6M | 0.11% |
633,634
-13,800
| -2% | -$1.45M |
|
190
Intuit
INTU
$188B
| $66.5M | 0.11% |
573,400
-29,700
| -5% | -$3.44M |
|
191
Regeneron Pharmaceuticals
REGN
$60.8B
| $65.7M | 0.11% |
169,600
-6,700
| -4% | -$2.6M |
|
192
Sempra
SRE
$52.9B
| $65.3M | 0.11% |
1,181,070
-53,800
| -4% | -$2.97M |
|
|
BHI
193
DELISTED
Baker Hughes
BHI
| $64.5M | 0.11% |
1,078,883
-111,000
| -9% | -$6.64M |
|
|
TFCF
194
DELISTED
Twenty-First Century Fox, Inc. Class B
TFCF
| $64.3M | 0.1% |
2,022,800
+1,003,900
| +99% | +$31.9M |
|
|
PXD
195
DELISTED
Pioneer Natural Resource Co.
PXD
| $64M | 0.1% |
343,509
+17,700
| +5% | +$3.3M |
|
196
Regions Financial
RF
$24.1B
| $63.8M | 0.1% |
4,391,625
-44,800
| -1% | -$651K |
|
197
Equinix
EQIX
$75.7B
| $63.5M | 0.1% |
158,557
-6,900
| -4% | -$2.76M |
|
198
O'Reilly Automotive
ORLY
$89B
| $63.4M | 0.1% |
3,526,500
-159,000
| -4% | -$2.86M |
|
199
Fifth Third Bancorp
FITB
$30.2B
| $63M | 0.1% |
2,482,181
-33,900
| -1% | -$861K |
|
200
Weyerhaeuser
WY
$18.9B
| $62.8M | 0.1% |
1,846,940
-129,900
| -7% | -$4.41M |
|