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 |
Exxon Mobil
XOM
|
$1.12B |
| 2 |
Apple
AAPL
|
$961M |
| 3 |
Microsoft
MSFT
|
$719M |
| 4 |
GE Aerospace
GE
|
$679M |
| 5 |
Johnson & Johnson
JNJ
|
$661M |
Top Sells
Sector Composition
| 1 | Financials | 15.68% |
| 2 | Technology | 13.22% |
| 3 | Healthcare | 11.84% |
| 4 | Industrials | 10.81% |
| 5 | Energy | 10.12% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
201
PACCAR
PCAR
$52B
| $50.3M | 0.1% |
+1,405,614
| New | +$50.3M |
|
202
Equity Residential
EQR
$25.5B
| $49.9M | 0.1% |
+859,823
| New | +$49.9M |
|
203
FirstEnergy
FE
$25.1B
| $49.9M | 0.1% |
+1,336,538
| New | +$49.9M |
|
204
T Rowe Price
TROW
$23.8B
| $49.3M | 0.1% |
+674,327
| New | +$49.3M |
|
205
Edison International
EIX
$21B
| $49.1M | 0.1% |
+1,019,373
| New | +$49.1M |
|
206
Motorola Solutions
MSI
$79.8B
| $48.8M | 0.1% |
+845,441
| New | +$48.8M |
|
207
Cognizant
CTSH
$35.1B
| $48.8M | 0.1% |
+1,557,804
| New | +$48.8M |
|
|
ALXN
208
DELISTED
Alexion Pharmaceuticals Inc
ALXN
| $48.1M | 0.1% |
+521,105
| New | +$48.1M |
|
209
Stryker
SYK
$150B
| $47.6M | 0.1% |
+736,067
| New | +$47.6M |
|
210
Consolidated Edison
ED
$35.4B
| $47.5M | 0.1% |
+814,513
| New | +$47.5M |
|
|
BRCM
211
DELISTED
BROADCOM CORP CL-A
BRCM
| $47.5M | 0.1% |
+1,406,366
| New | +$47.5M |
|
212
Gen Digital
GEN
$18.2B
| $46.6M | 0.09% |
+2,072,742
| New | +$46.6M |
|
|
PXD
213
DELISTED
Pioneer Natural Resource Co.
PXD
| $46.4M | 0.09% |
+320,595
| New | +$46.4M |
|
214
Kellanova
K
$27.8B
| $46.4M | 0.09% |
+769,398
| New | +$46.4M |
|
215
Intuit
INTU
$188B
| $46.3M | 0.09% |
+759,018
| New | +$46.3M |
|
216
Entergy
ETR
$39.2B
| $46M | 0.09% |
+1,321,012
| New | +$46M |
|
|
BBBY
217
DELISTED
Bed Bath & Beyond Inc
BBBY
| $45.8M | 0.09% |
+646,158
| New | +$45.8M |
|
218
Progressive
PGR
$143B
| $45.7M | 0.09% |
+1,797,192
| New | +$45.7M |
|
|
WFM
219
DELISTED
Whole Foods Market Inc
WFM
| $45.1M | 0.09% |
+876,289
| New | +$45.1M |
|
220
Fifth Third Bancorp
FITB
$30.2B
| $45M | 0.09% |
+2,492,940
| New | +$45M |
|
|
TYC
221
DELISTED
TYCO INTL PLC COM SHS (IRL)
TYC
| $44.8M | 0.09% |
+1,298,633
| New | +$44.8M |
|
|
MHFI
222
DELISTED
MCGRAW-HILL FINANCIAL INC COM
MHFI
| $44.7M | 0.09% |
+840,683
| New | +$44.7M |
|
223
Plains All American Pipeline
PAA
$12.1B
| $44.7M | 0.09% |
+800,838
| New | +$44.7M |
|
224
W.W. Grainger
GWW
$47.5B
| $44.5M | 0.09% |
+176,507
| New | +$44.5M |
|
225
Welltower
WELL
$112B
| $44.4M | 0.09% |
+662,980
| New | +$44.4M |
|