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 |
DuPont de Nemours
DD
|
$176M |
| 2 |
Microsoft
MSFT
|
$97.3M |
| 3 |
Apple
AAPL
|
$66.4M |
| 4 |
Meta Platforms (Facebook)
META
|
$61.7M |
| 5 |
Alphabet (Google) Class C
GOOG
|
$59.5M |
Top Sells
| 1 |
DD
Du Pont De Nemours E I
DD
|
$173M |
| 2 |
BHI
Baker Hughes
BHI
|
$56.5M |
| 3 |
Synchrony
SYF
|
$40.3M |
| 4 |
Alibaba
BABA
|
$38.7M |
| 5 |
AABA
Altaba Inc. Common Stock
AABA
|
$35.1M |
Sector Composition
| 1 | Financials | 17.96% |
| 2 | Technology | 15.59% |
| 3 | Healthcare | 13.08% |
| 4 | Industrials | 10.93% |
| 5 | Consumer Discretionary | 9.81% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
176
Southwest Airlines
LUV
$16.3B
| $77.5M | 0.12% |
1,384,458
+24,458
| +2% | +$1.37M |
|
177
Equinix
EQIX
$75.2B
| $77.1M | 0.11% |
172,690
+10,833
| +7% | +$4.83M |
|
|
178
Synchrony
SYF
$28.6B
| $76.8M | 0.11% |
2,474,595
-1,296,524
| -34% | -$40.3M |
|
179
Lam Research
LRCX
$127B
| $76.3M | 0.11% |
4,121,710
+257,710
| +7% | +$4.77M |
|
180
Delta Air Lines
DAL
$39.5B
| $76.1M | 0.11% |
1,578,641
+29,941
| +2% | +$1.44M |
|
181
Cummins
CMI
$55.2B
| $75.8M | 0.11% |
450,831
+8,062
| +2% | +$1.35M |
|
182
Corning
GLW
$59.7B
| $75.5M | 0.11% |
2,524,292
-7,794
| -0.3% | -$233K |
|
183
Air Products & Chemicals
APD
$64.5B
| $75.2M | 0.11% |
497,120
+3,304
| +0.7% | +$500K |
|
184
Fidelity National Information Services
FIS
$35.9B
| $74.2M | 0.11% |
794,086
+39,286
| +5% | +$3.67M |
|
185
Fiserv
FI
$74B
| $73.8M | 0.11% |
1,144,470
+69,870
| +7% | +$4.51M |
|
186
Constellation Brands
STZ
$25.7B
| $73.2M | 0.11% |
367,213
+22,513
| +7% | +$4.49M |
|
|
DFS
187
DELISTED
Discover Financial Services
DFS
| $73M | 0.11% |
1,131,394
+24,538
| +2% | +$1.58M |
|
188
Sysco
SYY
$39.5B
| $72.8M | 0.11% |
1,348,829
+72,800
| +6% | +$3.93M |
|
189
Archer Daniels Midland
ADM
$29.8B
| $72.6M | 0.11% |
1,708,301
+74,253
| +5% | +$3.16M |
|
190
Edison International
EIX
$21B
| $72M | 0.11% |
933,358
+51,716
| +6% | +$3.99M |
|
191
Progressive
PGR
$146B
| $71.7M | 0.11% |
1,481,329
+61,118
| +4% | +$2.96M |
|
192
PPG Industries
PPG
$24.7B
| $71.6M | 0.11% |
658,668
+23,734
| +4% | +$2.58M |
|
193
Ecolab
ECL
$78B
| $71M | 0.11% |
552,149
+17,949
| +3% | +$2.31M |
|
194
HCA Healthcare
HCA
$96.3B
| $70.6M | 0.1% |
886,829
+22,829
| +3% | +$1.82M |
|
195
Sempra
SRE
$53.6B
| $70.4M | 0.1% |
1,233,730
+54,660
| +5% | +$3.12M |
|
196
Aptiv
APTV
$17.5B
| $69.8M | 0.1% |
709,668
+26,068
| +4% | +$2.57M |
|
197
PPL Corp
PPL
$27B
| $69.3M | 0.1% |
1,825,189
+140,670
| +8% | +$5.34M |
|
198
Analog Devices
ADI
$121B
| $68.7M | 0.1% |
797,037
+26,826
| +3% | +$2.31M |
|
199
Yum! Brands
YUM
$39.9B
| $68.6M | 0.1% |
932,416
+65,954
| +8% | +$4.85M |
|
200
Fifth Third Bancorp
FITB
$30.6B
| $68.6M | 0.1% |
2,450,261
+33,780
| +1% | +$945K |
|