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 |
Chubb
CB
|
$44.4M |
| 2 |
Broadcom
AVGO
|
$40.5M |
| 3 |
Chevron
CVX
|
$28.4M |
| 4 |
Weyerhaeuser
WY
|
$27.2M |
| 5 |
Dentsply Sirona
XRAY
|
$21.1M |
Top Sells
| 1 |
CB
CHUBB CORPORATION
CB
|
$93.8M |
| 2 |
PCP
PRECISION CASTPARTS CORP
PCP
|
$83.3M |
| 3 |
BRCM
BROADCOM CORP CL-A
BRCM
|
$79.2M |
| 4 |
Meta Platforms (Facebook)
META
|
$37.7M |
| 5 |
Alphabet (Google) Class C
GOOG
|
$35.7M |
Sector Composition
| 1 | Financials | 15.3% |
| 2 | Technology | 14.55% |
| 3 | Healthcare | 13.35% |
| 4 | Industrials | 10.85% |
| 5 | Consumer Discretionary | 9.91% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
201
AutoZone
AZO
$70.6B
| $62.8M | 0.1% |
78,873
-3,200
| -4% | -$2.55M |
|
202
Intuitive Surgical
ISRG
$167B
| $62.6M | 0.1% |
936,900
+25,200
| +3% | +$1.68M |
|
203
Welltower
WELL
$112B
| $62.4M | 0.1% |
899,560
-31,900
| -3% | -$2.21M |
|
204
American Airlines Group
AAL
$8.63B
| $62.4M | 0.1% |
1,520,600
-74,500
| -5% | -$3.06M |
|
205
Hartford Financial Services
HIG
$37B
| $62.1M | 0.1% |
1,347,391
-9,200
| -0.7% | -$424K |
|
206
Progressive
PGR
$143B
| $62M | 0.1% |
1,764,811
+18,500
| +1% | +$650K |
|
207
Tesla
TSLA
$1.13T
| $61.7M | 0.1% |
4,027,500
-153,000
| -4% | -$2.34M |
|
208
Aptiv
APTV
$17.5B
| $61.3M | 0.1% |
816,900
-9,800
| -1% | -$735K |
|
209
Sherwin-Williams
SHW
$92.9B
| $61.1M | 0.1% |
644,400
-82,800
| -11% | -$7.86M |
|
|
STI
210
DELISTED
SunTrust Banks, Inc.
STI
| $60.7M | 0.1% |
1,682,200
-31,100
| -2% | -$1.12M |
|
211
Zoetis
ZTS
$67.9B
| $60.7M | 0.1% |
1,368,300
-67,700
| -5% | -$3M |
|
212
Baxter International
BAX
$12.5B
| $60.7M | 0.1% |
1,476,523
+5,800
| +0.4% | +$238K |
|
213
AvalonBay Communities
AVB
$27.8B
| $59.8M | 0.1% |
314,296
-10,600
| -3% | -$2.02M |
|
214
PPL Corp
PPL
$26.6B
| $59.5M | 0.1% |
1,563,019
+9,100
| +0.6% | +$346K |
|
215
NXP Semiconductors
NXPI
$57.2B
| $59.1M | 0.1% |
728,608
-70,500
| -9% | -$5.72M |
|
216
Carnival Corp
CCL
$42.8B
| $58.9M | 0.1% |
1,116,252
-73,700
| -6% | -$3.89M |
|
|
ATVI
217
DELISTED
Activision Blizzard Inc.
ATVI
| $58.8M | 0.09% |
1,737,800
-80,000
| -4% | -$2.71M |
|
218
WEC Energy
WEC
$34.7B
| $58.1M | 0.09% |
967,919
-34,800
| -3% | -$2.09M |
|
219
Prologis
PLD
$105B
| $57.7M | 0.09% |
1,306,954
-89,500
| -6% | -$3.95M |
|
220
Estee Lauder
EL
$32.1B
| $56.8M | 0.09% |
602,176
+22,800
| +4% | +$2.15M |
|
221
Equinix
EQIX
$75.7B
| $55.8M | 0.09% |
168,641
+20,115
| +14% | +$6.65M |
|
222
Edwards Lifesciences
EW
$47.5B
| $55.7M | 0.09% |
1,894,500
-32,700
| -2% | -$961K |
|
223
Cummins
CMI
$55.1B
| $55.6M | 0.09% |
505,369
+2,000
| +0.4% | +$220K |
|
224
Illumina
ILMN
$15.7B
| $55.1M | 0.09% |
349,314
-5,449
| -2% | -$859K |
|
225
Bath & Body Works
BBWI
$6.06B
| $54.8M | 0.09% |
771,764
-21,029
| -3% | -$1.49M |
|