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 | |
|---|---|---|---|---|---|---|
576
Graco
GGG
$14.1B
| $21.8M | 0.02% |
260,959
-7,511
| -3% | -$627K |
|
577
SPS Commerce
SPSC
$4.18B
| $21.8M | 0.02% |
163,998
+13,987
| +9% | +$1.86M |
|
|
ITCI
578
DELISTED
Intra-Cellular Therapies Inc.
ITCI
| $21.6M | 0.02% |
163,937
-775
| -0.5% | -$102K |
|
579
Southwest Gas
SWX
$5.67B
| $21.6M | 0.02% |
300,932
-11,898
| -4% | -$854K |
|
580
Jones Lang LaSalle
JLL
$14.6B
| $21.5M | 0.02% |
86,857
-842
| -1% | -$209K |
|
581
ONE Gas
OGS
$4.5B
| $21.4M | 0.01% |
282,761
-1,747
| -0.6% | -$132K |
|
582
Spire
SR
$4.5B
| $21.3M | 0.01% |
271,779
+8,220
| +3% | +$643K |
|
583
Portland General Electric
POR
$4.63B
| $21.2M | 0.01% |
475,766
+11,974
| +3% | +$534K |
|
584
Federal Realty Investment Trust
FRT
$8.67B
| $21M | 0.01% |
214,570
+65,712
| +44% | +$6.43M |
|
585
Black Hills Corp
BKH
$4.28B
| $21M | 0.01% |
345,900
-1,941
| -0.6% | -$118K |
|
586
Pool Corp
POOL
$11.9B
| $21M | 0.01% |
65,823
-116
| -0.2% | -$36.9K |
|
587
MKS Inc. Common Stock
MKSI
$7.43B
| $20.8M | 0.01% |
258,989
+153,661
| +146% | +$12.3M |
|
588
Super Micro Computer
SMCI
$26.1B
| $20.7M | 0.01% |
604,738
-9,549
| -2% | -$327K |
|
589
Boston Properties
BXP
$11.7B
| $20.4M | 0.01% |
303,540
+2,499
| +0.8% | +$168K |
|
590
Globe Life
GL
$11.3B
| $20.3M | 0.01% |
154,355
-9,527
| -6% | -$1.25M |
|
591
Insmed
INSM
$30.8B
| $20.3M | 0.01% |
265,477
+9,122
| +4% | +$696K |
|
592
Box
BOX
$4.74B
| $20.2M | 0.01% |
655,895
+642
| +0.1% | +$19.8K |
|
593
West Pharmaceutical
WST
$18.4B
| $20.1M | 0.01% |
89,694
-26,116
| -23% | -$5.85M |
|
594
Varonis Systems
VRNS
$6.31B
| $20M | 0.01% |
495,292
+3,722
| +0.8% | +$151K |
|
595
Estee Lauder
EL
$31.5B
| $20M | 0.01% |
302,284
-7,582
| -2% | -$500K |
|
596
SoFi Technologies
SOFI
$30.6B
| $19.9M | 0.01% |
1,714,319
+89,869
| +6% | +$1.05M |
|
597
Performance Food Group
PFGC
$16.3B
| $19.9M | 0.01% |
252,731
-10,108
| -4% | -$795K |
|
598
Insight Enterprises
NSIT
$3.96B
| $19.7M | 0.01% |
131,589
-2,383
| -2% | -$357K |
|
599
Avnet
AVT
$4.5B
| $19.7M | 0.01% |
409,809
-20,828
| -5% | -$1M |
|
600
Ovintiv
OVV
$11B
| $19.7M | 0.01% |
460,355
+12,048
| +3% | +$516K |
|