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 | |
|---|---|---|---|---|---|---|
601
Darling Ingredients
DAR
$4.94B
| $24M | 0.02% |
346,657
-18,205
| -5% | -$1.26M |
|
602
Annaly Capital Management
NLY
$14.2B
| $24M | 0.02% |
767,399
-21,284
| -3% | -$666K |
|
603
Coca-Cola Europacific Partners
CCEP
$41.6B
| $24M | 0.02% |
429,061
-20,936
| -5% | -$1.17M |
|
604
Gaming and Leisure Properties
GLPI
$13.6B
| $23.8M | 0.02% |
489,955
-17,501
| -3% | -$852K |
|
605
East-West Bancorp
EWBC
$15.1B
| $23.8M | 0.02% |
301,878
-14,590
| -5% | -$1.15M |
|
606
Novavax
NVAX
$1.29B
| $23.7M | 0.02% |
165,393
+112
| +0.1% | +$16K |
|
607
Synaptics
SYNA
$2.73B
| $23.6M | 0.02% |
81,435
+3,163
| +4% | +$916K |
|
608
Lamar Advertising Co
LAMR
$13B
| $23.6M | 0.02% |
194,222
-4,507
| -2% | -$547K |
|
609
BorgWarner
BWA
$9.61B
| $23.5M | 0.02% |
593,257
-19,884
| -3% | -$789K |
|
610
Western Alliance Bancorporation
WAL
$9.86B
| $23.5M | 0.02% |
218,410
-10,303
| -5% | -$1.11M |
|
611
Everest Group
EG
$14.2B
| $23.4M | 0.02% |
85,285
-214,133
| -72% | -$58.7M |
|
612
Aecom
ACM
$16.8B
| $23.3M | 0.02% |
301,339
-24,844
| -8% | -$1.92M |
|
613
Vistra
VST
$65.7B
| $23.3M | 0.02% |
1,023,625
-87,005
| -8% | -$1.98M |
|
614
Middleby
MIDD
$7.19B
| $23.3M | 0.02% |
118,395
-5,201
| -4% | -$1.02M |
|
|
CONE
615
DELISTED
CyrusOne Inc Common Stock
CONE
| $23.3M | 0.02% |
259,421
-19,405
| -7% | -$1.74M |
|
616
Federal Realty Investment Trust
FRT
$8.78B
| $23.3M | 0.02% |
170,687
-5,757
| -3% | -$785K |
|
617
SiteOne Landscape Supply
SITE
$6.78B
| $23.3M | 0.02% |
96,003
-2,715
| -3% | -$658K |
|
618
Reliance Steel & Aluminium
RS
$15.7B
| $23.2M | 0.02% |
142,732
-4,531
| -3% | -$735K |
|
619
NRG Energy
NRG
$29.5B
| $23.1M | 0.02% |
536,603
-36,473
| -6% | -$1.57M |
|
620
Toro Company
TTC
$7.96B
| $23M | 0.02% |
230,179
-12,315
| -5% | -$1.23M |
|
621
Lattice Semiconductor
LSCC
$9.13B
| $22.7M | 0.02% |
294,447
-8,330
| -3% | -$642K |
|
622
Tencent Music
TME
$37.8B
| $22.7M | 0.02% |
3,308,511
-30,876
| -0.9% | -$211K |
|
|
AZPN
623
DELISTED
ASPEN TECHNOLOGY INC
AZPN
| $22.7M | 0.02% |
148,866
-4,200
| -3% | -$639K |
|
624
Watsco
WSO
$16.6B
| $22.7M | 0.02% |
72,403
-1,584
| -2% | -$496K |
|
625
HEICO Class A
HEI.A
$35B
| $22.4M | 0.02% |
174,276
-1,471
| -0.8% | -$189K |
|