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 | |
|---|---|---|---|---|---|---|
526
Hanover Insurance
THG
$6.37B
| $27.1M | 0.02% |
156,043
-2,785
| -2% | -$484K |
|
527
Twilio
TWLO
$16B
| $27M | 0.02% |
276,094
+13,587
| +5% | +$1.33M |
|
528
Jabil
JBL
$23.2B
| $27M | 0.02% |
198,610
-14,373
| -7% | -$1.96M |
|
529
Alexandria Real Estate Equities
ARE
$14.3B
| $26.9M | 0.02% |
290,844
-1,364
| -0.5% | -$126K |
|
530
Trimble
TRMB
$19.1B
| $26.7M | 0.02% |
406,505
-12,796
| -3% | -$840K |
|
531
Natera
NTRA
$23.3B
| $26.6M | 0.02% |
188,126
+3,495
| +2% | +$494K |
|
532
Crown Holdings
CCK
$11B
| $26.5M | 0.02% |
296,774
+9,585
| +3% | +$856K |
|
533
Best Buy
BBY
$16.1B
| $26.5M | 0.02% |
359,805
-11,576
| -3% | -$852K |
|
534
Ball Corp
BALL
$13.6B
| $26.5M | 0.02% |
508,236
-6,800
| -1% | -$354K |
|
535
Saic
SAIC
$4.75B
| $26.2M | 0.02% |
233,402
-13,709
| -6% | -$1.54M |
|
536
Bentley Systems
BSY
$16B
| $26.1M | 0.02% |
662,599
-17,340
| -3% | -$682K |
|
537
Icon
ICLR
$12.9B
| $25.9M | 0.02% |
147,955
-4,642
| -3% | -$812K |
|
538
US Foods
USFD
$17.5B
| $25.7M | 0.02% |
393,211
-32,273
| -8% | -$2.11M |
|
539
Flex
FLEX
$21.7B
| $25.7M | 0.02% |
777,834
-2,364
| -0.3% | -$78.2K |
|
540
RPM International
RPM
$16B
| $25.7M | 0.02% |
222,309
+482
| +0.2% | +$55.8K |
|
541
American Financial Group
AFG
$11.4B
| $25.6M | 0.02% |
195,274
-3,907
| -2% | -$513K |
|
542
Grand Canyon Education
LOPE
$5.69B
| $25.6M | 0.02% |
148,144
-3,000
| -2% | -$519K |
|
543
Revvity
RVTY
$9.58B
| $25.5M | 0.02% |
241,319
-6,460
| -3% | -$683K |
|
544
Toast
TOST
$23.3B
| $25M | 0.02% |
753,676
+32,358
| +4% | +$1.07M |
|
545
TransUnion
TRU
$17.5B
| $25M | 0.02% |
300,945
-4,811
| -2% | -$399K |
|
546
Dollar Tree
DLTR
$20.2B
| $24.7M | 0.02% |
329,408
-6,858
| -2% | -$515K |
|
547
CF Industries
CF
$14.1B
| $24.7M | 0.02% |
315,691
-7,084
| -2% | -$554K |
|
548
UDR
UDR
$12.7B
| $24.5M | 0.02% |
541,837
-11,708
| -2% | -$529K |
|
549
Builders FirstSource
BLDR
$15.5B
| $24.1M | 0.02% |
192,592
-7,396
| -4% | -$924K |
|
550
FTI Consulting
FCN
$5.23B
| $24M | 0.02% |
146,275
-583
| -0.4% | -$95.7K |
|