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
|
+$2.5B |
| 2 |
Meta Platforms (Facebook)
META
|
+$334M |
| 3 |
Abbott
ABT
|
+$271M |
| 4 |
Stryker
SYK
|
+$155M |
| 5 |
McDonald's
MCD
|
+$154M |
Top Sells
| 1 |
Apple
AAPL
|
+$1.14B |
| 2 |
Costco
COST
|
+$440M |
| 3 |
Oracle
ORCL
|
+$194M |
| 4 |
Micron Technology
MU
|
+$192M |
| 5 |
Gilead Sciences
GILD
|
+$157M |
Sector Composition
| 1 | Technology | 28.1% |
| 2 | Financials | 13.31% |
| 3 | Healthcare | 11.32% |
| 4 | Consumer Discretionary | 8.29% |
| 5 | Communication Services | 8.06% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
501
Carlisle Companies
CSL
$16.2B
| $30M | 0.02% |
88,133
+81
| +0.1% | +$27.6K |
|
502
LyondellBasell Industries
LYB
$17.5B
| $29.9M | 0.02% |
425,422
-17,973
| -4% | -$1.27M |
|
503
Masco
MAS
$15.3B
| $29.8M | 0.02% |
429,023
+3,415
| +0.8% | +$237K |
|
504
KBR
KBR
$6.42B
| $29.7M | 0.02% |
596,128
-34,464
| -5% | -$1.72M |
|
505
Ulta Beauty
ULTA
$23.1B
| $29.7M | 0.02% |
81,009
-2,337
| -3% | -$857K |
|
506
Dollar General
DG
$23.4B
| $29.7M | 0.02% |
337,501
-10,818
| -3% | -$951K |
|
507
Hubbell
HUBB
$23.5B
| $29.6M | 0.02% |
89,354
-674
| -0.7% | -$223K |
|
508
Sprouts Farmers Market
SFM
$13.1B
| $29.4M | 0.02% |
192,433
-287,470
| -60% | -$43.9M |
|
509
Equitable Holdings
EQH
$15.8B
| $29.2M | 0.02% |
561,111
-16,067
| -3% | -$837K |
|
510
Arrow Electronics
ARW
$6.54B
| $29M | 0.02% |
279,561
-7,584
| -3% | -$787K |
|
511
Deckers Outdoor
DECK
$17B
| $28.9M | 0.02% |
258,290
-6,015
| -2% | -$673K |
|
512
H&R Block
HRB
$6.73B
| $28.8M | 0.02% |
524,765
-20,878
| -4% | -$1.15M |
|
513
Jacobs Solutions
J
$17.3B
| $28.4M | 0.02% |
237,206
-9,987
| -4% | -$1.2M |
|
514
Idacorp
IDA
$6.76B
| $28.4M | 0.02% |
244,277
-1,860
| -0.8% | -$216K |
|
515
Pinterest
PINS
$24B
| $28.3M | 0.02% |
912,879
-30,321
| -3% | -$940K |
|
516
Citizens Financial Group
CFG
$22.4B
| $28.2M | 0.02% |
688,426
-16,887
| -2% | -$692K |
|
517
Tapestry
TPR
$21.9B
| $28.1M | 0.02% |
399,526
+3,084
| +0.8% | +$217K |
|
518
Casella Waste Systems
CWST
$5.81B
| $27.9M | 0.02% |
250,070
+11,965
| +5% | +$1.33M |
|
519
Healthcare Realty
HR
$6.47B
| $27.8M | 0.02% |
1,643,399
-64,124
| -4% | -$1.08M |
|
520
Watsco
WSO
$15.8B
| $27.8M | 0.02% |
54,616
-2,109
| -4% | -$1.07M |
|
521
Zscaler
ZS
$43.4B
| $27.5M | 0.02% |
138,563
+30,505
| +28% | +$6.05M |
|
522
Post Holdings
POST
$5.7B
| $27.3M | 0.02% |
234,844
-7,282
| -3% | -$847K |
|
523
DocuSign
DOCU
$15.8B
| $27.2M | 0.02% |
334,763
-10,315
| -3% | -$840K |
|
524
Fox Class B
FOX
$23.1B
| $27.2M | 0.02% |
516,303
+220,907
| +75% | +$11.6M |
|
525
Okta
OKTA
$15.9B
| $27.2M | 0.02% |
258,059
+1,200
| +0.5% | +$126K |
|