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 |
Fortive
FTV
|
$29.3M |
| 2 |
Procter & Gamble
PG
|
$21.8M |
| 3 |
INFO
IHS Markit Ltd. Common Shares
INFO
|
$21.3M |
| 4 |
Dell
DELL
|
$20.7M |
| 5 |
Marriott International Class A Common Stock
MAR
|
$20.7M |
Top Sells
| 1 |
EMC
EMC CORPORATION
EMC
|
$132M |
| 2 |
Apple
AAPL
|
$123M |
| 3 |
Exxon Mobil
XOM
|
$55.6M |
| 4 |
Herc Holdings
HRI
|
$54.3M |
| 5 |
JPMorgan Chase
JPM
|
$51M |
Sector Composition
| 1 | Financials | 15.67% |
| 2 | Technology | 14.76% |
| 3 | Healthcare | 13.19% |
| 4 | Industrials | 10.65% |
| 5 | Consumer Discretionary | 9.67% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
201
Equinix
EQIX
$76.9B
| $63.1M | 0.1% |
175,141
+15,400
| +10% | +$5.55M |
|
202
Tesla
TSLA
$1.08T
| $62.5M | 0.1% |
306,400
-15,900
| -5% | -$3.24M |
|
|
TFCFA
203
DELISTED
Twenty-First Century Fox, Inc. Class A
TFCFA
| $62.1M | 0.1% |
2,565,859
-152,800
| -6% | -$3.7M |
|
204
Consolidated Edison
ED
$35.4B
| $61.9M | 0.1% |
821,733
-18,000
| -2% | -$1.36M |
|
205
NETSCOUT
NTCT
$1.79B
| $61M | 0.1% |
2,085,387
-674,113
| -24% | -$19.7M |
|
206
Cardinal Health
CAH
$35.5B
| $61M | 0.1% |
784,723
-66,800
| -8% | -$5.19M |
|
207
Cummins
CMI
$54.9B
| $60.7M | 0.1% |
473,569
-23,200
| -5% | -$2.97M |
|
|
PARA
208
DELISTED
Paramount Global Class B
PARA
| $60.6M | 0.1% |
1,106,413
-67,700
| -6% | -$3.71M |
|
209
Ventas
VTR
$30.9B
| $60M | 0.1% |
849,212
-18,200
| -2% | -$1.29M |
|
|
ALXN
210
DELISTED
Alexion Pharmaceuticals Inc
ALXN
| $59.9M | 0.1% |
488,591
-31,800
| -6% | -$3.9M |
|
|
211
Marriott International Class A Common Stock
MAR
$72.7B
| $59.6M | 0.1% |
885,758
+306,700
| +53% | +$20.7M |
|
212
Omnicom Group
OMC
$15.2B
| $59.5M | 0.1% |
700,210
-47,100
| -6% | -$4M |
|
213
Equity Residential
EQR
$25.3B
| $59.3M | 0.1% |
921,756
+4,200
| +0.5% | +$270K |
|
214
Illumina
ILMN
$15.8B
| $58.6M | 0.1% |
322,600
+1,600
| +0.5% | +$291K |
|
|
BHI
215
DELISTED
Baker Hughes
BHI
| $58.3M | 0.1% |
1,154,483
-57,700
| -5% | -$2.91M |
|
216
Freeport-McMoran
FCX
$63.7B
| $58.2M | 0.1% |
5,355,593
+649,400
| +14% | +$7.05M |
|
217
Electronic Arts
EA
$43B
| $57.5M | 0.09% |
673,700
-65,900
| -9% | -$5.63M |
|
218
Xcel Energy
XEL
$42.8B
| $57.4M | 0.09% |
1,394,495
-68,100
| -5% | -$2.8M |
|
219
Devon Energy
DVN
$22.9B
| $57M | 0.09% |
1,293,171
+41,800
| +3% | +$1.84M |
|
220
International Paper
IP
$26.2B
| $56.8M | 0.09% |
1,184,070
-51,700
| -4% | -$2.48M |
|
|
STJ
221
DELISTED
St Jude Medical
STJ
| $56.3M | 0.09% |
706,401
-40,800
| -5% | -$3.25M |
|
222
Southwest Airlines
LUV
$17.3B
| $55.8M | 0.09% |
1,435,524
-151,900
| -10% | -$5.91M |
|
223
AvalonBay Communities
AVB
$27.9B
| $55.7M | 0.09% |
313,396
-6,700
| -2% | -$1.19M |
|
224
WEC Energy
WEC
$34.3B
| $55.6M | 0.09% |
928,319
-43,500
| -4% | -$2.6M |
|
225
American Airlines Group
AAL
$8.82B
| $55.4M | 0.09% |
1,512,700
+14,800
| +1% | +$542K |
|