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 |
Apple
AAPL
|
$1.51B |
| 2 |
Alphabet (Google) Class C
GOOG
|
$495M |
| 3 |
Union Pacific
UNP
|
$137M |
| 4 |
CELG
Celgene Corp
CELG
|
$116M |
| 5 |
Comcast
CMCSA
|
$73.1M |
Top Sells
| 1 |
SPDR S&P Emerging Markets Small Cap ETF
EWX
|
$67.3M |
| 2 |
CMCSK
COMCAST CORP SPL A (NEW)
CMCSK
|
$65.9M |
| 3 |
Synovus
SNV
|
$55.9M |
| 4 |
Exxon Mobil
XOM
|
$36.8M |
| 5 |
WFT
Weatherford International plc
WFT
|
$36.7M |
Sector Composition
| 1 | Financials | 15.85% |
| 2 | Technology | 13.84% |
| 3 | Healthcare | 12.47% |
| 4 | Industrials | 10.95% |
| 5 | Energy | 10.25% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
201
Boston Scientific
BSX
$158B
| $71.7M | 0.1% |
5,614,984
+1,035,164
| +23% | +$13.2M |
|
|
NBL
202
DELISTED
Noble Energy, Inc.
NBL
| $71.6M | 0.1% |
924,422
-600
| -0.1% | -$46.5K |
|
|
SNDK
203
DELISTED
SANDISK CORP
SNDK
| $71.4M | 0.1% |
683,785
-3,115
| -0.5% | -$325K |
|
204
Macy's
M
$3.66B
| $71.3M | 0.1% |
1,228,347
-172,792
| -12% | -$10M |
|
205
Aon
AON
$80.2B
| $71M | 0.1% |
787,780
-114,263
| -13% | -$10.3M |
|
206
Crown Castle
CCI
$42.7B
| $70.6M | 0.1% |
950,452
-4,200
| -0.4% | -$312K |
|
207
Aptiv
APTV
$17.1B
| $69.5M | 0.09% |
1,011,500
+9,900
| +1% | +$681K |
|
|
CB
208
DELISTED
CHUBB CORPORATION
CB
| $69.4M | 0.09% |
753,147
-34,879
| -4% | -$3.21M |
|
209
Marathon Petroleum
MPC
$54.8B
| $69.3M | 0.09% |
887,786
-101,267
| -10% | -$7.91M |
|
|
TRW
210
DELISTED
TRW AUTOMOTIVE HOLDINGS CORP
TRW
| $69.2M | 0.09% |
773,494
+83,198
| +12% | +$7.45M |
|
211
Tesla
TSLA
$1.06T
| $68.8M | 0.09% |
286,629
-8,576
| -3% | -$2.06M |
|
212
Netflix
NFLX
$516B
| $68.8M | 0.09% |
156,065
-2,539
| -2% | -$1.12M |
|
213
Hartford Financial Services
HIG
$37.1B
| $68.2M | 0.09% |
1,905,078
+162,507
| +9% | +$5.82M |
|
214
Vertex Pharmaceuticals
VRTX
$103B
| $68.2M | 0.09% |
719,994
+304
| +0% | +$28.8K |
|
215
Lumen
LUMN
$4.92B
| $68.1M | 0.09% |
1,882,001
+49,200
| +3% | +$1.78M |
|
216
Entergy
ETR
$39B
| $67.9M | 0.09% |
827,583
+22,537
| +3% | +$1.85M |
|
|
BRCM
217
DELISTED
BROADCOM CORP CL-A
BRCM
| $67.5M | 0.09% |
1,817,416
+148,239
| +9% | +$5.5M |
|
218
International Paper
IP
$26B
| $67M | 0.09% |
1,327,718
+8,510
| +0.6% | +$430K |
|
|
CHK
219
DELISTED
Chesapeake Energy Corporation
CHK
| $67M | 0.09% |
2,154,239
+83,565
| +4% | +$2.6M |
|
220
Invesco
IVZ
$9.66B
| $66.2M | 0.09% |
1,754,378
-472,693
| -21% | -$17.8M |
|
221
Energy Transfer Partners
ET
$60.8B
| $65.3M | 0.09% |
1,107,900
+9,500
| +0.9% | +$560K |
|
222
CME Group
CME
$95.6B
| $65.1M | 0.09% |
918,103
+29,844
| +3% | +$2.12M |
|
223
Salesforce
CRM
$242B
| $64.9M | 0.09% |
1,117,379
-50,638
| -4% | -$2.94M |
|
224
Weyerhaeuser
WY
$18B
| $64.5M | 0.09% |
1,950,170
+2,900
| +0.1% | +$96K |
|
225
Intuit
INTU
$185B
| $63.8M | 0.09% |
792,600
-17,100
| -2% | -$1.38M |
|