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 |
Vanguard S&P 500 ETF
VOO
|
$3.7B |
| 2 |
iShares Core S&P 500 ETF
IVV
|
$3.19B |
| 3 |
Berkshire Hathaway Class B
BRK.B
|
$506M |
| 4 |
Cisco
CSCO
|
$402M |
| 5 |
O'Reilly Automotive
ORLY
|
$178M |
Top Sells
| 1 |
Coca-Cola
KO
|
$247M |
| 2 |
Apple
AAPL
|
$220M |
| 3 |
Medtronic
MDT
|
$192M |
| 4 |
American Tower
AMT
|
$186M |
| 5 |
L3Harris
LHX
|
$157M |
Sector Composition
| 1 | Technology | 23.93% |
| 2 | Healthcare | 13.69% |
| 3 | Financials | 11.26% |
| 4 | Consumer Discretionary | 10.21% |
| 5 | Communication Services | 9.02% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
326
Corpay
CPAY
$22.3B
| $77.1M | 0.05% |
344,442
-81,192
| -19% | -$18.2M |
|
327
Equifax
EFX
$31B
| $76.7M | 0.05% |
261,791
-9,821
| -4% | -$2.88M |
|
328
Ameriprise Financial
AMP
$46B
| $76.4M | 0.05% |
253,406
-8,858
| -3% | -$2.67M |
|
329
Monster Beverage
MNST
$60.8B
| $76.2M | 0.05% |
1,587,312
-78,250
| -5% | -$3.76M |
|
330
D.R. Horton
DHI
$54.2B
| $75.9M | 0.05% |
699,629
-47,032
| -6% | -$5.1M |
|
|
ANSS
331
DELISTED
Ansys
ANSS
| $75.8M | 0.05% |
188,916
-6,065
| -3% | -$2.43M |
|
332
ZTO Express
ZTO
$14.6B
| $75.3M | 0.05% |
2,668,752
-26,134
| -1% | -$738K |
|
333
State Street
STT
$31.9B
| $74.5M | 0.05% |
800,980
+3,799
| +0.5% | +$353K |
|
334
Corteva
CTVA
$48.7B
| $74.1M | 0.05% |
1,567,215
-75,378
| -5% | -$3.56M |
|
335
International Flavors & Fragrances
IFF
$16.9B
| $74M | 0.05% |
491,521
-12,074
| -2% | -$1.82M |
|
336
Equity Residential
EQR
$25.4B
| $73.8M | 0.05% |
815,126
-23,768
| -3% | -$2.15M |
|
337
Nucor
NUE
$33.7B
| $73.6M | 0.05% |
644,722
-50,531
| -7% | -$5.77M |
|
338
Knight Transportation
KNX
$6.99B
| $73.5M | 0.05% |
1,206,200
-15,388
| -1% | -$938K |
|
|
DFS
339
DELISTED
Discover Financial Services
DFS
| $73.3M | 0.05% |
634,145
-41,836
| -6% | -$4.83M |
|
340
Ametek
AME
$43B
| $72.9M | 0.05% |
496,117
-19,626
| -4% | -$2.89M |
|
|
TWTR
341
DELISTED
Twitter, Inc.
TWTR
| $72.6M | 0.05% |
1,679,337
-66,000
| -4% | -$2.85M |
|
342
MongoDB
MDB
$26.3B
| $72.6M | 0.05% |
137,112
+15,587
| +13% | +$8.25M |
|
343
TransDigm Group
TDG
$71.7B
| $71.9M | 0.05% |
112,999
-2,675
| -2% | -$1.7M |
|
344
Cincinnati Financial
CINF
$23.8B
| $70.9M | 0.05% |
621,964
-168,788
| -21% | -$19.2M |
|
345
Assurant
AIZ
$10.6B
| $69.2M | 0.05% |
443,898
-12,295
| -3% | -$1.92M |
|
346
Kinder Morgan
KMI
$58.8B
| $69.1M | 0.05% |
4,355,569
-196,043
| -4% | -$3.11M |
|
347
Weyerhaeuser
WY
$18.8B
| $69M | 0.05% |
1,676,005
-59,910
| -3% | -$2.47M |
|
348
Tractor Supply
TSCO
$31.9B
| $69M | 0.05% |
1,444,895
+146,085
| +11% | +$6.97M |
|
349
Williams Companies
WMB
$69.3B
| $68.9M | 0.05% |
2,647,266
-76,634
| -3% | -$2M |
|
350
Zebra Technologies
ZBRA
$15.9B
| $68.7M | 0.05% |
115,481
-4,687
| -4% | -$2.79M |
|