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 | |
|---|---|---|---|---|---|---|
551
PTC
PTC
$25.6B
| $27.5M | 0.02% |
227,364
-8,987
| -4% | -$1.09M |
|
552
Li Auto
LI
$24B
| $27.5M | 0.02% |
858,073
-40,189
| -4% | -$1.29M |
|
553
Wolfspeed
WOLF
$196M
| $27.5M | 0.02% |
246,195
+11,955
| +5% | +$1.34M |
|
554
RPM International
RPM
$16.2B
| $27.3M | 0.02% |
270,578
-15,570
| -5% | -$1.57M |
|
555
Trip.com Group
TCOM
$47.6B
| $27.3M | 0.02% |
1,109,054
-48,622
| -4% | -$1.2M |
|
556
United Airlines
UAL
$34.5B
| $27.3M | 0.02% |
623,227
-30,355
| -5% | -$1.33M |
|
557
Lincoln National
LNC
$7.98B
| $27.2M | 0.02% |
398,838
-31,262
| -7% | -$2.13M |
|
558
Steel Dynamics
STLD
$19.8B
| $27.1M | 0.02% |
436,212
-21,212
| -5% | -$1.32M |
|
559
Liberty Media Series C
FWONK
$25.2B
| $26.9M | 0.02% |
440,427
-18,781
| -4% | -$1.15M |
|
560
Las Vegas Sands
LVS
$36.9B
| $26.9M | 0.02% |
714,010
+33,345
| +5% | +$1.26M |
|
|
LSI
561
DELISTED
Life Storage, Inc.
LSI
| $26.8M | 0.02% |
174,977
+269
| +0.2% | +$41.2K |
|
562
Teladoc Health
TDOC
$1.38B
| $26.7M | 0.02% |
291,325
-211,060
| -42% | -$19.4M |
|
563
American Homes 4 Rent
AMH
$12.9B
| $26.7M | 0.02% |
613,072
-21,663
| -3% | -$945K |
|
564
Loews
L
$20B
| $26.7M | 0.02% |
461,930
-32,621
| -7% | -$1.88M |
|
565
Dayforce
DAY
$10.9B
| $26.5M | 0.02% |
253,575
-9,124
| -3% | -$953K |
|
566
Targa Resources
TRGP
$34.9B
| $26.4M | 0.02% |
505,070
-24,191
| -5% | -$1.26M |
|
|
ZEN
567
DELISTED
ZENDESK INC
ZEN
| $26.3M | 0.02% |
252,528
-9,727
| -4% | -$1.01M |
|
568
Liberty Global Class A
LBTYA
$4.05B
| $26.2M | 0.02% |
943,807
+562,540
| +148% | +$15.6M |
|
569
Host Hotels & Resorts
HST
$12B
| $26.1M | 0.02% |
1,503,245
-69,474
| -4% | -$1.21M |
|
570
Pentair
PNR
$18.1B
| $26.1M | 0.02% |
357,572
-19,776
| -5% | -$1.44M |
|
571
Lyft
LYFT
$6.91B
| $26M | 0.02% |
609,496
-24,528
| -4% | -$1.05M |
|
572
Fox Class A
FOXA
$27.4B
| $26M | 0.02% |
705,761
-29,847
| -4% | -$1.1M |
|
573
CubeSmart
CUBE
$9.52B
| $26M | 0.02% |
455,996
-3,357
| -0.7% | -$191K |
|
574
Howmet Aerospace
HWM
$71.8B
| $25.9M | 0.02% |
814,578
-61,609
| -7% | -$1.96M |
|
575
Exact Sciences
EXAS
$10.2B
| $25.7M | 0.02% |
330,502
-50,171
| -13% | -$3.9M |
|