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 | |
|---|---|---|---|---|---|---|
626
Affirm
AFRM
$26.5B
| $18.1M | 0.01% |
399,486
-12,588
| -3% | -$569K |
|
|
CNH
627
CNH Industrial
CNH
$14B
| $18M | 0.01% |
1,469,858
+321,568
| +28% | +$3.95M |
|
628
Toll Brothers
TOL
$14.2B
| $17.9M | 0.01% |
169,747
-25,704
| -13% | -$2.71M |
|
629
Stifel
SF
$11.8B
| $17.9M | 0.01% |
189,703
-525
| -0.3% | -$49.5K |
|
630
Akamai
AKAM
$11.4B
| $17.8M | 0.01% |
221,686
-451,245
| -67% | -$36.3M |
|
631
Stanley Black & Decker
SWK
$12.3B
| $17.8M | 0.01% |
231,877
-18,122
| -7% | -$1.39M |
|
632
Jefferies Financial Group
JEF
$13.9B
| $17.8M | 0.01% |
332,404
-2,386
| -0.7% | -$128K |
|
633
LKQ Corp
LKQ
$8.47B
| $17.7M | 0.01% |
416,375
-45,561
| -10% | -$1.94M |
|
634
Host Hotels & Resorts
HST
$12.2B
| $17.6M | 0.01% |
1,242,015
-11,945
| -1% | -$170K |
|
635
Flowers Foods
FLO
$3.01B
| $17.6M | 0.01% |
928,116
+8,844
| +1% | +$168K |
|
636
Manhattan Associates
MANH
$13.3B
| $17.6M | 0.01% |
101,629
-183,587
| -64% | -$31.8M |
|
637
Viatris
VTRS
$11.9B
| $17.5M | 0.01% |
2,013,628
-11,678
| -0.6% | -$102K |
|
638
Eastman Chemical
EMN
$7.8B
| $17.5M | 0.01% |
199,000
-2,808
| -1% | -$247K |
|
639
TopBuild
BLD
$12B
| $17.5M | 0.01% |
57,291
-1,697
| -3% | -$518K |
|
640
KE Holdings
BEKE
$23.8B
| $17.5M | 0.01% |
868,785
+2,649
| +0.3% | +$53.2K |
|
641
Annaly Capital Management
NLY
$14.2B
| $17.4M | 0.01% |
857,601
+55,574
| +7% | +$1.13M |
|
642
Lamar Advertising Co
LAMR
$13B
| $17.3M | 0.01% |
152,016
-7,165
| -5% | -$815K |
|
643
Acuity Brands
AYI
$10.4B
| $17.2M | 0.01% |
65,502
-1,164
| -2% | -$307K |
|
644
Tenable Holdings
TENB
$3.7B
| $17.2M | 0.01% |
492,369
+52,082
| +12% | +$1.82M |
|
645
Allegion
ALLE
$15.2B
| $17.2M | 0.01% |
131,938
-1,823
| -1% | -$238K |
|
646
Allison Transmission
ALSN
$7.57B
| $17.2M | 0.01% |
179,379
-3,831
| -2% | -$367K |
|
647
First Solar
FSLR
$21.8B
| $17M | 0.01% |
134,186
-1,548
| -1% | -$196K |
|
648
AptarGroup
ATR
$9.03B
| $16.9M | 0.01% |
114,113
+2,446
| +2% | +$363K |
|
649
Madison Square Garden
MSGS
$5.09B
| $16.8M | 0.01% |
86,319
+53
| +0.1% | +$10.3K |
|
650
Pure Storage
PSTG
$27B
| $16.8M | 0.01% |
378,964
-104,462
| -22% | -$4.62M |
|