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 | |
|---|---|---|---|---|---|---|
426
KeyCorp
KEY
$20.8B
| $48.8M | 0.03% |
2,107,633
-138,088
| -6% | -$3.19M |
|
427
TransUnion
TRU
$17.5B
| $48.7M | 0.03% |
410,666
-17,923
| -4% | -$2.13M |
|
428
SiriusXM
SIRI
$8.1B
| $47.9M | 0.03% |
754,066
-26,179
| -3% | -$1.66M |
|
429
Monolithic Power Systems
MPWR
$41.5B
| $47.6M | 0.03% |
96,554
-3,912
| -4% | -$1.93M |
|
430
Generac Holdings
GNRC
$10.6B
| $47.5M | 0.03% |
135,082
-3,663
| -3% | -$1.29M |
|
431
Huntington Bancshares
HBAN
$25.7B
| $47.5M | 0.03% |
3,078,833
-201,527
| -6% | -$3.11M |
|
432
Regions Financial
RF
$24.1B
| $47M | 0.03% |
2,157,445
-89,851
| -4% | -$1.96M |
|
433
Trimble
TRMB
$19.2B
| $46.9M | 0.03% |
538,445
-23,632
| -4% | -$2.06M |
|
434
Leidos
LDOS
$23B
| $46.8M | 0.03% |
526,592
-84,672
| -14% | -$7.53M |
|
435
Steris
STE
$24.2B
| $46.1M | 0.03% |
189,348
-16,000
| -8% | -$3.89M |
|
436
Xylem
XYL
$34.2B
| $46M | 0.03% |
383,894
-19,480
| -5% | -$2.34M |
|
437
NetApp
NTAP
$23.7B
| $45.8M | 0.03% |
498,075
-22,071
| -4% | -$2.03M |
|
438
CarMax
KMX
$9.11B
| $45.7M | 0.03% |
351,187
-11,038
| -3% | -$1.44M |
|
439
Paycom
PAYC
$12.6B
| $45.5M | 0.03% |
109,616
-3,722
| -3% | -$1.55M |
|
440
Hewlett Packard
HPE
$31B
| $45.3M | 0.03% |
2,874,157
-110,944
| -4% | -$1.75M |
|
441
Pinduoduo
PDD
$177B
| $45.1M | 0.03% |
774,396
-34,069
| -4% | -$1.99M |
|
442
Advance Auto Parts
AAP
$3.6B
| $45.1M | 0.03% |
187,883
-9,783
| -5% | -$2.35M |
|
443
Citizens Financial Group
CFG
$22.3B
| $44.7M | 0.03% |
947,023
-40,686
| -4% | -$1.92M |
|
444
Western Digital
WDC
$31.9B
| $44.3M | 0.03% |
899,027
-7,079
| -0.8% | -$349K |
|
|
HES
445
DELISTED
Hess
HES
| $44.2M | 0.03% |
597,262
-25,560
| -4% | -$1.89M |
|
446
Pinterest
PINS
$25.8B
| $44.1M | 0.03% |
1,213,524
-19,483
| -2% | -$708K |
|
447
Ventas
VTR
$30.9B
| $43.8M | 0.03% |
857,607
-1,232
| -0.1% | -$63K |
|
448
Bio-Techne
TECH
$8.46B
| $43.8M | 0.03% |
338,424
-11,144
| -3% | -$1.44M |
|
449
Teledyne Technologies
TDY
$25.7B
| $43.3M | 0.03% |
99,222
-3,446
| -3% | -$1.51M |
|
450
M&T Bank
MTB
$31.2B
| $43.2M | 0.03% |
281,220
-7,569
| -3% | -$1.16M |
|