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 |
ATH
Athene Holding Ltd. Class A Common Shares
ATH
|
$69.3M |
| 2 |
Alphabet (Google) Class C
GOOG
|
$60.2M |
| 3 |
DXC Technology
DXC
|
$49.4M |
| 4 |
Berkshire Hathaway Class B
BRK.B
|
$47.5M |
| 5 |
Amazon
AMZN
|
$46.9M |
Top Sells
| 1 |
YHOO
Yahoo Inc
YHOO
|
$170M |
| 2 |
Zoetis
ZTS
|
$75.8M |
| 3 |
Yum! Brands
YUM
|
$69M |
| 4 |
Xerox
XRX
|
$63.2M |
| 5 |
Wells Fargo
WFC
|
$49.2M |
Sector Composition
| 1 | Financials | 17.92% |
| 2 | Technology | 15.12% |
| 3 | Healthcare | 13.25% |
| 4 | Industrials | 10.86% |
| 5 | Consumer Discretionary | 10.03% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
176
Public Storage
PSA
$50.6B
| $72.9M | 0.12% |
349,501
+8,600
| +3% | +$1.79M |
|
177
Hewlett Packard
HPE
$29.8B
| $72.6M | 0.12% |
4,375,364
-176,800
| -4% | -$2.93M |
|
178
Micron Technology
MU
$133B
| $72M | 0.12% |
2,412,200
-134,400
| -5% | -$4.01M |
|
179
Cummins
CMI
$54.5B
| $71.8M | 0.12% |
442,769
+1,000
| +0.2% | +$162K |
|
180
Ecolab
ECL
$77.9B
| $70.9M | 0.11% |
534,200
-1,100
| -0.2% | -$146K |
|
181
Air Products & Chemicals
APD
$65B
| $70.6M | 0.11% |
493,816
-2,000
| -0.4% | -$286K |
|
182
PPG Industries
PPG
$24.7B
| $69.8M | 0.11% |
634,934
+1,300
| +0.2% | +$143K |
|
183
Electronic Arts
EA
$42.9B
| $69.6M | 0.11% |
658,000
+39,700
| +6% | +$4.2M |
|
184
Equinix
EQIX
$75.5B
| $69.5M | 0.11% |
161,857
+3,300
| +2% | +$1.42M |
|
185
Edison International
EIX
$21.5B
| $68.9M | 0.11% |
881,642
-10,000
| -1% | -$782K |
|
|
DFS
186
DELISTED
Discover Financial Services
DFS
| $68.8M | 0.11% |
1,106,856
-23,000
| -2% | -$1.43M |
|
187
Prologis
PLD
$103B
| $68.1M | 0.11% |
1,160,754
-28,400
| -2% | -$1.67M |
|
188
Archer Daniels Midland
ADM
$29.8B
| $67.6M | 0.11% |
1,634,048
-28,200
| -2% | -$1.17M |
|
189
NXP Semiconductors
NXPI
$58.7B
| $67.5M | 0.11% |
616,261
+24,100
| +4% | +$2.64M |
|
190
Constellation Brands
STZ
$26.7B
| $66.8M | 0.11% |
344,700
+6,600
| +2% | +$1.28M |
|
191
Sempra
SRE
$54.1B
| $66.5M | 0.11% |
589,535
-1,000
| -0.2% | -$113K |
|
192
Fiserv
FI
$74.4B
| $65.7M | 0.11% |
537,300
-43,800
| -8% | -$5.36M |
|
193
American Airlines Group
AAL
$8.84B
| $65.7M | 0.11% |
1,304,800
+32,200
| +3% | +$1.62M |
|
194
PPL Corp
PPL
$26.9B
| $65.1M | 0.1% |
1,684,519
+8,900
| +0.5% | +$344K |
|
195
Fidelity National Information Services
FIS
$35.7B
| $64.5M | 0.1% |
754,800
+3,700
| +0.5% | +$316K |
|
196
Sherwin-Williams
SHW
$90B
| $64.3M | 0.1% |
183,300
+17,800
| +11% | +$6.25M |
|
197
M&T Bank
MTB
$31.1B
| $64.3M | 0.1% |
396,774
+3,000
| +0.8% | +$486K |
|
198
Sysco
SYY
$38.5B
| $64.2M | 0.1% |
1,276,029
-17,000
| -1% | -$856K |
|
|
199
Yum! Brands
YUM
$40.4B
| $63.9M | 0.1% |
866,462
-935,762
| -52% | -$69M |
|
200
Weyerhaeuser
WY
$18B
| $63M | 0.1% |
1,881,740
+34,800
| +2% | +$1.17M |
|