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 |
TFCFA
Twenty-First Century Fox, Inc. Class A
TFCFA
|
$141M |
| 2 |
TFCF
Twenty-First Century Fox, Inc. Class B
TFCF
|
$41.7M |
| 3 |
Exxon Mobil
XOM
|
$40.9M |
| 4 |
Intel
INTC
|
$17.3M |
| 5 |
News Corp Class A
NWSA
|
$16.8M |
Top Sells
| 1 |
FON
SPRINT CORP FON COM
FON
|
$64.4M |
| 2 |
SPDR S&P Emerging Markets Small Cap ETF
EWX
|
$49.4M |
| 3 |
BMC
BMC SOFTWARE, INC
BMC
|
$21.9M |
| 4 |
Leidos
LDOS
|
$17.8M |
| 5 |
Halliburton
HAL
|
$15.6M |
Sector Composition
| 1 | Financials | 15.33% |
| 2 | Technology | 13.34% |
| 3 | Healthcare | 11.9% |
| 4 | Industrials | 11.15% |
| 5 | Energy | 10.08% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
201
PACCAR
PCAR
$51.8B
| $52.5M | 0.1% |
1,415,184
+9,570
| +0.7% | +$355K |
|
202
Lumen
LUMN
$4.86B
| $52.5M | 0.1% |
1,673,352
+55,526
| +3% | +$1.74M |
|
|
TYC
203
DELISTED
TYCO INTL PLC COM SHS (IRL)
TYC
| $52.3M | 0.1% |
1,428,919
+130,286
| +10% | +$4.77M |
|
204
Trane Technologies
TT
$91B
| $52.1M | 0.1% |
1,005,297
+7,592
| +0.8% | +$394K |
|
205
Best Buy
BBY
$16.2B
| $51.6M | 0.1% |
1,376,294
-63,743
| -4% | -$2.39M |
|
|
WFM
206
DELISTED
Whole Foods Market Inc
WFM
| $51.4M | 0.1% |
879,160
+2,871
| +0.3% | +$168K |
|
|
KMP
207
DELISTED
KINDER MORGAN ENER PNTRS L.P.
KMP
| $51.2M | 0.09% |
641,467
+6,788
| +1% | +$542K |
|
208
Gen Digital
GEN
$18.1B
| $51.2M | 0.09% |
2,066,766
-5,976
| -0.3% | -$148K |
|
209
Weyerhaeuser
WY
$18.8B
| $50.8M | 0.09% |
1,775,026
-51,607
| -3% | -$1.48M |
|
|
BBBY
210
DELISTED
Bed Bath & Beyond Inc
BBBY
| $50.8M | 0.09% |
656,548
+10,390
| +2% | +$804K |
|
211
Micron Technology
MU
$143B
| $50.8M | 0.09% |
2,906,391
+8,062
| +0.3% | +$141K |
|
212
Intuit
INTU
$187B
| $50.7M | 0.09% |
764,146
+5,128
| +0.7% | +$340K |
|
213
Delta Air Lines
DAL
$40.1B
| $50.6M | 0.09% |
2,146,599
+23,758
| +1% | +$560K |
|
214
Stryker
SYK
$150B
| $50.4M | 0.09% |
745,025
+8,958
| +1% | +$605K |
|
215
Hartford Financial Services
HIG
$37.1B
| $50.3M | 0.09% |
1,617,625
-65,130
| -4% | -$2.03M |
|
216
Motorola Solutions
MSI
$79.4B
| $49.7M | 0.09% |
836,515
-8,926
| -1% | -$530K |
|
217
FirstEnergy
FE
$25B
| $49.7M | 0.09% |
1,362,383
+25,845
| +2% | +$942K |
|
218
Progressive
PGR
$143B
| $49.2M | 0.09% |
1,807,854
+10,662
| +0.6% | +$290K |
|
219
T Rowe Price
TROW
$23.9B
| $49.2M | 0.09% |
684,125
+9,798
| +1% | +$705K |
|
220
Macy's
M
$4.57B
| $48.5M | 0.09% |
1,119,713
-3,675
| -0.3% | -$159K |
|
221
Edison International
EIX
$20.9B
| $47.9M | 0.09% |
1,039,181
+19,808
| +2% | +$912K |
|
222
Cardinal Health
CAH
$35.5B
| $47.6M | 0.09% |
912,063
-544
| -0.1% | -$28.4K |
|
223
Healthpeak Properties
DOC
$12.7B
| $46.7M | 0.09% |
1,252,503
-898
| -0.1% | -$33.5K |
|
224
Loews
L
$20B
| $46.6M | 0.09% |
997,998
-2,846
| -0.3% | -$133K |
|
225
W.W. Grainger
GWW
$47.3B
| $46.6M | 0.09% |
178,188
+1,681
| +1% | +$440K |
|