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 | |
|---|---|---|---|---|---|---|
576
Service Corp International
SCI
$10.9B
| $25.6M | 0.02% |
361,104
-13,529
| -4% | -$960K |
|
577
Comerica
CMA
$8.85B
| $25.6M | 0.02% |
293,878
-21,201
| -7% | -$1.84M |
|
578
Dentsply Sirona
XRAY
$2.92B
| $25.6M | 0.02% |
458,092
-32,745
| -7% | -$1.83M |
|
|
WRK
579
DELISTED
WestRock Company
WRK
| $25.4M | 0.02% |
573,428
-35,495
| -6% | -$1.57M |
|
580
Dynatrace
DT
$15.1B
| $25.4M | 0.02% |
421,033
-5,395
| -1% | -$326K |
|
581
Essential Utilities
WTRG
$11B
| $25.4M | 0.02% |
473,133
-34,759
| -7% | -$1.87M |
|
582
Snap-on
SNA
$17.1B
| $25.4M | 0.02% |
117,841
-6,457
| -5% | -$1.39M |
|
583
Rexford Industrial Realty
REXR
$10.2B
| $25.4M | 0.02% |
312,760
+6,561
| +2% | +$532K |
|
584
Fair Isaac
FICO
$36.8B
| $25.3M | 0.02% |
58,346
-4,076
| -7% | -$1.77M |
|
585
Allegion
ALLE
$14.8B
| $25.2M | 0.02% |
190,435
-11,766
| -6% | -$1.56M |
|
586
Ciena
CIEN
$16.5B
| $25M | 0.02% |
325,220
-21,254
| -6% | -$1.64M |
|
587
Regal Rexnord
RRX
$9.66B
| $25M | 0.02% |
146,790
+54,168
| +58% | +$9.22M |
|
588
Equitable Holdings
EQH
$16B
| $25M | 0.02% |
761,543
-79,990
| -10% | -$2.62M |
|
589
Alcoa
AA
$8.24B
| $24.8M | 0.02% |
416,370
-19,402
| -4% | -$1.16M |
|
590
Ares Management
ARES
$38.9B
| $24.7M | 0.02% |
303,616
-6,907
| -2% | -$561K |
|
591
10x Genomics
TXG
$1.74B
| $24.6M | 0.02% |
165,262
-4,559
| -3% | -$679K |
|
592
Hubbell
HUBB
$23.2B
| $24.6M | 0.02% |
118,061
-5,343
| -4% | -$1.11M |
|
593
Tapestry
TPR
$21.7B
| $24.5M | 0.02% |
604,284
-46,034
| -7% | -$1.87M |
|
594
American Airlines Group
AAL
$8.63B
| $24.4M | 0.02% |
1,359,597
-68,449
| -5% | -$1.23M |
|
595
Elanco Animal Health
ELAN
$9.16B
| $24.4M | 0.02% |
859,452
-37,597
| -4% | -$1.07M |
|
596
Five Below
FIVE
$8.46B
| $24.4M | 0.02% |
117,740
-5,464
| -4% | -$1.13M |
|
597
Bilibili
BILI
$9.25B
| $24.2M | 0.02% |
521,911
-23,775
| -4% | -$1.1M |
|
598
Lear
LEA
$5.91B
| $24.2M | 0.02% |
132,349
-7,771
| -6% | -$1.42M |
|
599
A.O. Smith
AOS
$10.3B
| $24.2M | 0.02% |
281,601
-21,489
| -7% | -$1.84M |
|
600
Lennox International
LII
$20.3B
| $24.2M | 0.02% |
74,477
-2,208
| -3% | -$716K |
|