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 |
Verizon
VZ
|
+$165M |
| 2 |
Oracle
ORCL
|
+$139M |
| 3 |
CME Group
CME
|
+$99.7M |
| 4 |
Gilead Sciences
GILD
|
+$94.9M |
| 5 |
Alphabet (Google) Class C
GOOG
|
+$94.2M |
Top Sells
| 1 |
SPDR S&P 500 ETF Trust
SPY
|
+$334M |
| 2 |
RTX Corp
RTX
|
+$289M |
| 3 |
iShares MSCI EAFE ETF
EFA
|
+$201M |
| 4 |
Alphabet (Google) Class A
GOOGL
|
+$192M |
| 5 |
Humana
HUM
|
+$149M |
Sector Composition
| 1 | Technology | 19.65% |
| 2 | Financials | 13.7% |
| 3 | Healthcare | 13.67% |
| 4 | Consumer Discretionary | 9.89% |
| 5 | Consumer Staples | 9.54% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
526
Roku
ROKU
$14B
| $16.8M | 0.02% |
192,215
-7,920
| -4% | -$693K |
|
527
Amdocs
DOX
$9.23B
| $16.7M | 0.02% |
304,492
-22,026
| -7% | -$1.21M |
|
528
Bio-Rad Laboratories Class A
BIO
$7.49B
| $16.7M | 0.02% |
47,605
-2,400
| -5% | -$841K |
|
529
Exact Sciences
EXAS
$10.4B
| $16.7M | 0.02% |
287,167
-117,221
| -29% | -$6.8M |
|
530
Huntington Ingalls Industries
HII
$10.7B
| $16.6M | 0.02% |
91,262
-6,719
| -7% | -$1.22M |
|
|
WRK
531
DELISTED
WestRock Company
WRK
| $16.6M | 0.02% |
587,335
+4,519
| +0.8% | +$128K |
|
532
Icon
ICLR
$12.9B
| $16.5M | 0.02% |
121,529
-6,042
| -5% | -$822K |
|
533
Apollo Global Management
APO
$76.4B
| $16.5M | 0.02% |
493,346
+89,374
| +22% | +$2.99M |
|
534
Advance Auto Parts
AAP
$3.55B
| $16.3M | 0.02% |
174,551
-59,092
| -25% | -$5.51M |
|
535
Fox Class B
FOX
$23.1B
| $16.3M | 0.02% |
711,771
-582,262
| -45% | -$13.3M |
|
536
Bio-Techne
TECH
$7.93B
| $16.2M | 0.02% |
342,064
-13,108
| -4% | -$621K |
|
537
Carlisle Companies
CSL
$16.2B
| $15.9M | 0.02% |
127,075
-29,346
| -19% | -$3.68M |
|
538
Cheniere Energy
LNG
$52.1B
| $15.9M | 0.02% |
473,887
-30,700
| -6% | -$1.03M |
|
539
Monolithic Power Systems
MPWR
$41B
| $15.9M | 0.02% |
94,722
-44,407
| -32% | -$7.44M |
|
540
Vipshop
VIPS
$8.85B
| $15.8M | 0.02% |
1,013,471
+12,191
| +1% | +$190K |
|
541
Coterra Energy
CTRA
$18.6B
| $15.7M | 0.02% |
916,154
-73,600
| -7% | -$1.27M |
|
542
Service Corp International
SCI
$11B
| $15.7M | 0.02% |
402,542
-19,801
| -5% | -$774K |
|
543
NRG Energy
NRG
$31.2B
| $15.7M | 0.02% |
577,229
+4,293
| +0.7% | +$117K |
|
544
Toro Company
TTC
$7.68B
| $15.7M | 0.02% |
240,816
-9,100
| -4% | -$592K |
|
545
Vistra
VST
$70.9B
| $15.6M | 0.02% |
976,847
-45,354
| -4% | -$724K |
|
546
DaVita
DVA
$9.46B
| $15.6M | 0.02% |
204,916
-115,046
| -36% | -$8.75M |
|
547
Cognex
CGNX
$7.45B
| $15.6M | 0.02% |
368,797
-18,102
| -5% | -$764K |
|
|
CONE
548
DELISTED
CyrusOne Inc Common Stock
CONE
| $15.5M | 0.02% |
251,105
+11,000
| +5% | +$679K |
|
549
Molson Coors Class B
TAP
$9.7B
| $15.4M | 0.02% |
395,491
+5,960
| +2% | +$232K |
|
550
Liberty Global Class C
LBTYK
$3.99B
| $15.4M | 0.02% |
978,357
-202,429
| -17% | -$3.18M |
|