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 |
S&P Global
SPGI
|
$81.9M |
| 2 |
Charter Communications
CHTR
|
$72.8M |
| 3 |
SHPG
Shire pic
SHPG
|
$37.6M |
| 4 |
Baxter International
BAX
|
$26.4M |
| 5 |
Newell Brands
NWL
|
$18.6M |
Top Sells
Sector Composition
| 1 | Financials | 15.11% |
| 2 | Technology | 13.9% |
| 3 | Healthcare | 13.7% |
| 4 | Industrials | 10.58% |
| 5 | Consumer Discretionary | 9.48% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
201
Equity Residential
EQR
$25.3B
| $63.2M | 0.1% |
917,556
-2,400
| -0.3% | -$165K |
|
202
Ventas
VTR
$30.9B
| $63.2M | 0.1% |
867,412
+23,400
| +3% | +$1.7M |
|
203
Marathon Petroleum
MPC
$54.6B
| $62.9M | 0.1% |
1,658,134
-109,600
| -6% | -$4.16M |
|
204
Ross Stores
ROST
$48.1B
| $62.7M | 0.1% |
1,105,476
-29,900
| -3% | -$1.7M |
|
205
Zoetis
ZTS
$69.3B
| $62.6M | 0.1% |
1,318,600
-49,700
| -4% | -$2.36M |
|
206
Southwest Airlines
LUV
$17.3B
| $62.2M | 0.1% |
1,587,424
-93,000
| -6% | -$3.65M |
|
207
Equinix
EQIX
$76.9B
| $61.9M | 0.1% |
159,741
-8,900
| -5% | -$3.45M |
|
208
Sherwin-Williams
SHW
$91.2B
| $61.5M | 0.1% |
209,400
-5,400
| -3% | -$1.59M |
|
209
NETSCOUT
NTCT
$1.79B
| $61.4M | 0.1% |
2,759,500
-87,000
| -3% | -$1.94M |
|
210
Edwards Lifesciences
EW
$47.8B
| $61.4M | 0.1% |
615,200
-16,300
| -3% | -$1.63M |
|
211
PPL Corp
PPL
$27B
| $61M | 0.1% |
1,615,919
+52,900
| +3% | +$2M |
|
212
eBay
EBAY
$41.4B
| $60.9M | 0.1% |
2,601,654
-294,400
| -10% | -$6.89M |
|
213
Omnicom Group
OMC
$15.2B
| $60.9M | 0.1% |
747,310
-43,500
| -6% | -$3.54M |
|
214
AutoZone
AZO
$70.2B
| $60.9M | 0.1% |
76,673
-2,200
| -3% | -$1.75M |
|
|
ALXN
215
DELISTED
Alexion Pharmaceuticals Inc
ALXN
| $60.8M | 0.1% |
520,391
-23,400
| -4% | -$2.73M |
|
216
TE Connectivity
TEL
$61B
| $60.6M | 0.1% |
1,061,405
+8,400
| +0.8% | +$480K |
|
217
VF Corp
VFC
$5.91B
| $60.3M | 0.1% |
980,212
-23,600
| -2% | -$1.45M |
|
|
HES
218
DELISTED
Hess
HES
| $59.3M | 0.1% |
987,251
-12,900
| -1% | -$775K |
|
219
Lumen
LUMN
$5.1B
| $59M | 0.1% |
2,032,801
-10,300
| -0.5% | -$299K |
|
220
Dollar Tree
DLTR
$22.8B
| $58.8M | 0.1% |
624,280
-16,400
| -3% | -$1.55M |
|
|
STJ
221
DELISTED
St Jude Medical
STJ
| $58.3M | 0.09% |
747,201
-90,000
| -11% | -$7.02M |
|
|
SE
222
DELISTED
Spectra Energy Corp Wi
SE
| $57.8M | 0.09% |
1,579,000
-13,500
| -0.8% | -$495K |
|
223
AvalonBay Communities
AVB
$27.9B
| $57.7M | 0.09% |
320,096
+5,800
| +2% | +$1.05M |
|
224
Hartford Financial Services
HIG
$37.2B
| $56.9M | 0.09% |
1,283,191
-64,200
| -5% | -$2.85M |
|
225
Progressive
PGR
$145B
| $56.8M | 0.09% |
1,696,811
-68,000
| -4% | -$2.28M |
|