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 | |
|---|---|---|---|---|---|---|
476
IDEX
IEX
$12.4B
| $38.9M | 0.03% |
164,746
-6,049
| -4% | -$1.43M |
|
477
Textron
TXT
$14.5B
| $38.8M | 0.03% |
502,278
-21,216
| -4% | -$1.64M |
|
478
VICI Properties
VICI
$35.8B
| $38.7M | 0.03% |
1,285,285
+78,785
| +7% | +$2.37M |
|
479
Qorvo
QRVO
$8.61B
| $38.3M | 0.03% |
244,906
-15,645
| -6% | -$2.45M |
|
|
NBIS
480
Nebius Group N.V. Class A Ordinary Shares
NBIS
$15.6B
| $37.9M | 0.03% |
626,748
-23,686
| -4% | -$1.43M |
|
481
Camden Property Trust
CPT
$11.9B
| $37.8M | 0.03% |
211,380
-4,989
| -2% | -$891K |
|
482
Baker Hughes
BKR
$44.9B
| $37.7M | 0.03% |
1,565,747
-81,664
| -5% | -$1.96M |
|
483
MGM Resorts International
MGM
$9.98B
| $37.6M | 0.03% |
838,044
-64,554
| -7% | -$2.9M |
|
484
Ally Financial
ALLY
$12.7B
| $37.6M | 0.03% |
789,954
-68,901
| -8% | -$3.28M |
|
485
JB Hunt Transport Services
JBHT
$13.9B
| $37.4M | 0.03% |
182,799
-9,109
| -5% | -$1.86M |
|
486
Bath & Body Works
BBWI
$6.06B
| $37.2M | 0.02% |
533,143
-12,609
| -2% | -$880K |
|
487
Carnival Corp
CCL
$42.8B
| $36.7M | 0.02% |
1,823,186
-79,375
| -4% | -$1.6M |
|
488
Wabtec
WAB
$33B
| $36.7M | 0.02% |
397,955
-13,397
| -3% | -$1.23M |
|
|
SPLK
489
DELISTED
Splunk Inc
SPLK
| $36.5M | 0.02% |
315,169
-16,937
| -5% | -$1.96M |
|
490
Arch Capital
ACGL
$34.1B
| $36.3M | 0.02% |
816,407
-44,937
| -5% | -$2M |
|
491
Masco
MAS
$15.9B
| $36.2M | 0.02% |
516,191
-45,677
| -8% | -$3.21M |
|
492
LKQ Corp
LKQ
$8.33B
| $36.1M | 0.02% |
600,941
-49,512
| -8% | -$2.97M |
|
493
Royal Caribbean
RCL
$95.7B
| $35.9M | 0.02% |
466,377
-22,658
| -5% | -$1.74M |
|
494
AES
AES
$9.21B
| $35.8M | 0.02% |
1,473,990
-81,083
| -5% | -$1.97M |
|
495
Viatris
VTRS
$12.2B
| $35.8M | 0.02% |
2,642,713
-88,739
| -3% | -$1.2M |
|
496
Eastman Chemical
EMN
$7.93B
| $35.4M | 0.02% |
292,441
-13,810
| -5% | -$1.67M |
|
497
PG&E
PCG
$33.2B
| $35.3M | 0.02% |
2,908,656
-158,862
| -5% | -$1.93M |
|
498
Quanta Services
PWR
$55.5B
| $35.2M | 0.02% |
307,199
-10,611
| -3% | -$1.22M |
|
499
Carvana
CVNA
$50.9B
| $35M | 0.02% |
150,949
-5,309
| -3% | -$1.23M |
|
500
Builders FirstSource
BLDR
$16.5B
| $35M | 0.02% |
408,198
-49,451
| -11% | -$4.24M |
|