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 |
Coca-Cola
KO
|
$198M |
| 2 |
PepsiCo
PEP
|
$177M |
| 3 |
Procter & Gamble
PG
|
$156M |
| 4 |
Linde
LIN
|
$155M |
| 5 |
Alphabet (Google) Class C
GOOG
|
$152M |
Top Sells
| 1 |
AET
Aetna Inc
AET
|
$235M |
| 2 |
Alphabet (Google) Class A
GOOGL
|
$174M |
| 3 |
ESRX
Express Scripts Holding Company
ESRX
|
$142M |
| 4 |
PX
Praxair Inc
PX
|
$92.8M |
| 5 |
COL
Rockwell Collins
COL
|
$81.8M |
Sector Composition
| 1 | Financials | 16.41% |
| 2 | Technology | 16.21% |
| 3 | Healthcare | 14.24% |
| 4 | Consumer Discretionary | 9.86% |
| 5 | Industrials | 9.36% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
176
Blackrock
BLK
$170B
| $88.2M | 0.12% |
224,425
-11,524
| -5% | -$4.53M |
|
177
Realty Income
O
$54.2B
| $87.2M | 0.12% |
1,427,095
+474,713
| +50% | +$29M |
|
178
Norfolk Southern
NSC
$62.3B
| $86.8M | 0.12% |
580,234
-71,725
| -11% | -$10.7M |
|
179
Entergy
ETR
$39.2B
| $85.9M | 0.12% |
1,995,366
+520,272
| +35% | +$22.4M |
|
180
MetLife
MET
$52.9B
| $85.7M | 0.12% |
2,086,183
-94,127
| -4% | -$3.86M |
|
181
Republic Services
RSG
$71.7B
| $85M | 0.12% |
1,179,278
+387,583
| +49% | +$27.9M |
|
182
VeriSign
VRSN
$26.2B
| $84.9M | 0.12% |
572,457
+129,357
| +29% | +$19.2M |
|
|
TFCFA
183
DELISTED
Twenty-First Century Fox, Inc. Class A
TFCFA
| $84.9M | 0.12% |
1,763,388
+164,601
| +10% | +$7.92M |
|
184
American Water Works
AWK
$28B
| $84.7M | 0.12% |
932,573
+267,380
| +40% | +$24.3M |
|
185
Applied Materials
AMAT
$130B
| $84.4M | 0.12% |
2,579,258
-82,733
| -3% | -$2.71M |
|
186
Intercontinental Exchange
ICE
$99.8B
| $84.2M | 0.12% |
1,118,080
-30,581
| -3% | -$2.3M |
|
187
Hershey
HSY
$37.6B
| $84.2M | 0.12% |
785,136
+217,462
| +38% | +$23.3M |
|
188
HP
HPQ
$27.4B
| $84.1M | 0.12% |
4,110,366
-341,410
| -8% | -$6.99M |
|
189
Illinois Tool Works
ITW
$77.6B
| $83.9M | 0.12% |
662,362
-41,644
| -6% | -$5.28M |
|
190
Deere & Co
DE
$128B
| $83.9M | 0.12% |
562,203
-93,002
| -14% | -$13.9M |
|
191
Palo Alto Networks
PANW
$130B
| $83.6M | 0.12% |
2,663,916
+836,202
| +46% | +$26.2M |
|
192
Evergy
EVRG
$16.5B
| $83.1M | 0.12% |
1,463,460
+405,543
| +38% | +$23M |
|
|
WP
193
DELISTED
Worldpay, Inc.
WP
| $82.6M | 0.12% |
1,080,842
+269,447
| +33% | +$20.6M |
|
194
Charles Schwab
SCHW
$167B
| $81.6M | 0.11% |
1,964,424
-187,292
| -9% | -$7.78M |
|
195
Ameren
AEE
$27.2B
| $81.5M | 0.11% |
1,250,081
+365,256
| +41% | +$23.8M |
|
196
L3Harris
LHX
$51B
| $81.4M | 0.11% |
604,357
+138,664
| +30% | +$18.7M |
|
197
Kellanova
K
$27.8B
| $80.9M | 0.11% |
1,510,733
+467,046
| +45% | +$25M |
|
198
Credicorp
BAP
$20.7B
| $80.5M | 0.11% |
363,266
+72,570
| +25% | +$16.1M |
|
|
CTXS
199
DELISTED
Citrix Systems Inc
CTXS
| $80.2M | 0.11% |
782,584
+164,301
| +27% | +$16.8M |
|
200
Ford
F
$46.7B
| $79.3M | 0.11% |
10,359,484
-641,813
| -6% | -$4.91M |
|