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 | |
|---|---|---|---|---|---|---|
376
Vulcan Materials
VMC
$39B
| $59.3M | 0.04% |
285,653
-10,953
| -4% | -$2.27M |
|
377
Albemarle
ALB
$9.6B
| $59.2M | 0.04% |
253,178
-8,392
| -3% | -$1.96M |
|
378
Mid-America Apartment Communities
MAA
$17B
| $58.4M | 0.04% |
254,628
-6,537
| -3% | -$1.5M |
|
379
Palantir
PLTR
$363B
| $58.3M | 0.04% |
3,203,005
-382,239
| -11% | -$6.96M |
|
380
Roku
ROKU
$14B
| $58.2M | 0.04% |
255,144
-5,015
| -2% | -$1.14M |
|
381
Rollins
ROL
$27.4B
| $58M | 0.04% |
1,695,513
-36,246
| -2% | -$1.24M |
|
382
Teradyne
TER
$19.1B
| $57.9M | 0.04% |
354,263
-21,727
| -6% | -$3.55M |
|
383
Invitation Homes
INVH
$18.5B
| $57.6M | 0.04% |
1,269,699
-18,405
| -1% | -$834K |
|
384
Oneok
OKE
$45.7B
| $56.3M | 0.04% |
957,828
-42,408
| -4% | -$2.49M |
|
385
Expedia Group
EXPE
$26.6B
| $56.1M | 0.04% |
310,225
-8,407
| -3% | -$1.52M |
|
386
Dover
DOV
$24.4B
| $56M | 0.04% |
308,323
-14,982
| -5% | -$2.72M |
|
387
Zimmer Biomet
ZBH
$20.9B
| $55.9M | 0.04% |
453,566
-25,287
| -5% | -$3.12M |
|
388
Synchrony
SYF
$28.1B
| $55.5M | 0.04% |
1,197,248
-79,197
| -6% | -$3.67M |
|
389
Best Buy
BBY
$16.1B
| $55.5M | 0.04% |
546,494
-32,711
| -6% | -$3.32M |
|
390
Southwest Airlines
LUV
$16.5B
| $55.4M | 0.04% |
1,292,330
-40,954
| -3% | -$1.75M |
|
391
Western Union
WU
$2.86B
| $55.2M | 0.04% |
3,092,620
-101,026
| -3% | -$1.8M |
|
392
Skyworks Solutions
SWKS
$11.2B
| $55.1M | 0.04% |
355,277
-15,422
| -4% | -$2.39M |
|
393
Tyson Foods
TSN
$20B
| $55.1M | 0.04% |
632,327
-38,721
| -6% | -$3.37M |
|
394
Keurig Dr Pepper
KDP
$38.9B
| $54.9M | 0.04% |
1,489,917
-68,580
| -4% | -$2.53M |
|
395
U-Haul Holding Co
UHAL
$11.2B
| $54.8M | 0.04% |
754,040
-4,950
| -0.7% | -$359K |
|
396
Edison International
EIX
$21B
| $54.5M | 0.04% |
799,112
-42,734
| -5% | -$2.92M |
|
|
VMW
397
DELISTED
VMware, Inc
VMW
| $54.4M | 0.04% |
469,877
+289,764
| +161% | +$33.6M |
|
398
LyondellBasell Industries
LYB
$17.7B
| $54.3M | 0.04% |
588,243
-23,565
| -4% | -$2.17M |
|
399
Occidental Petroleum
OXY
$45.2B
| $54M | 0.04% |
1,864,197
-87,416
| -4% | -$2.53M |
|
400
Fortive
FTV
$16.2B
| $53.9M | 0.04% |
706,816
-27,771
| -4% | -$2.12M |
|