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 | |
|---|---|---|---|---|---|---|
451
Cencora
COR
$56.7B
| $43.1M | 0.03% |
324,437
-14,556
| -4% | -$1.93M |
|
452
Halliburton
HAL
$18.8B
| $43.1M | 0.03% |
1,883,702
-100,673
| -5% | -$2.3M |
|
453
NVR
NVR
$23.5B
| $42.9M | 0.03% |
7,265
-309
| -4% | -$1.83M |
|
454
Principal Financial Group
PFG
$17.8B
| $42.7M | 0.03% |
590,375
-29,843
| -5% | -$2.16M |
|
455
Darden Restaurants
DRI
$24.5B
| $42.7M | 0.03% |
283,313
-5,442
| -2% | -$820K |
|
456
DoorDash
DASH
$105B
| $42.3M | 0.03% |
283,778
-76
| -0% | -$11.3K |
|
457
Diamondback Energy
FANG
$40.2B
| $42.2M | 0.03% |
391,447
-14,927
| -4% | -$1.61M |
|
458
Raymond James Financial
RJF
$33B
| $42M | 0.03% |
418,411
-14,554
| -3% | -$1.46M |
|
459
Healthpeak Properties
DOC
$12.8B
| $41.9M | 0.03% |
1,160,826
-49,090
| -4% | -$1.77M |
|
460
Celanese
CE
$5.34B
| $41.8M | 0.03% |
248,692
-5,866
| -2% | -$986K |
|
461
Burlington
BURL
$18.4B
| $41.8M | 0.03% |
143,328
-5,808
| -4% | -$1.69M |
|
462
Unity
U
$18.5B
| $41.7M | 0.03% |
291,319
+6,588
| +2% | +$942K |
|
|
CTLT
463
DELISTED
CATALENT, INC.
CTLT
| $41.5M | 0.03% |
323,925
-5,231
| -2% | -$670K |
|
464
Hologic
HOLX
$14.8B
| $41M | 0.03% |
535,808
-30,271
| -5% | -$2.32M |
|
465
Caesars Entertainment
CZR
$5.48B
| $40.9M | 0.03% |
437,722
-11,826
| -3% | -$1.11M |
|
466
Charles River Laboratories
CRL
$8.07B
| $40.9M | 0.03% |
108,505
-4,313
| -4% | -$1.63M |
|
|
SBNY
467
DELISTED
Signature Bank
SBNY
| $40.7M | 0.03% |
125,742
-3,152
| -2% | -$1.02M |
|
468
Molina Healthcare
MOH
$9.47B
| $40.5M | 0.03% |
127,186
-2,940
| -2% | -$935K |
|
469
International Paper
IP
$25.7B
| $40.3M | 0.03% |
858,503
-103,580
| -11% | -$4.87M |
|
470
Entegris
ENTG
$12.4B
| $40.3M | 0.03% |
290,972
-11,546
| -4% | -$1.6M |
|
471
Jacobs Solutions
J
$17.4B
| $40.3M | 0.03% |
349,660
-19,001
| -5% | -$2.19M |
|
472
Boston Properties
BXP
$12.2B
| $39.9M | 0.03% |
346,467
-11,303
| -3% | -$1.3M |
|
473
UDR
UDR
$13B
| $39.5M | 0.03% |
657,772
-8,854
| -1% | -$531K |
|
474
SS&C Technologies
SSNC
$21.7B
| $39.2M | 0.03% |
478,453
-40,385
| -8% | -$3.31M |
|
475
Avery Dennison
AVY
$13.1B
| $39.1M | 0.03% |
180,487
-6,574
| -4% | -$1.42M |
|