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 | |
|---|---|---|---|---|---|---|
651
Penumbra
PEN
$11.2B
| $20.7M | 0.01% |
72,072
+3,383
| +5% | +$972K |
|
652
MKS Inc. Common Stock
MKSI
$7.27B
| $20.7M | 0.01% |
118,636
-6,170
| -5% | -$1.07M |
|
653
Capri Holdings
CPRI
$2.54B
| $20.6M | 0.01% |
318,028
-25,357
| -7% | -$1.65M |
|
654
Owens Corning
OC
$12.5B
| $20.5M | 0.01% |
226,874
-18,563
| -8% | -$1.68M |
|
655
BJs Wholesale Club
BJ
$12.8B
| $20.4M | 0.01% |
304,295
-482
| -0.2% | -$32.3K |
|
656
Zillow
Z
$21.1B
| $20.4M | 0.01% |
319,130
-17,098
| -5% | -$1.09M |
|
657
Guidewire Software
GWRE
$21.6B
| $20.3M | 0.01% |
178,918
-9,410
| -5% | -$1.07M |
|
|
Y
658
DELISTED
Alleghany Corporation
Y
| $20.3M | 0.01% |
30,382
-438
| -1% | -$292K |
|
659
EastGroup Properties
EGP
$8.8B
| $20.3M | 0.01% |
88,932
+450
| +0.5% | +$103K |
|
660
Universal Health Services
UHS
$11.9B
| $20.2M | 0.01% |
155,568
-15,160
| -9% | -$1.97M |
|
661
RH
RH
$4.36B
| $20.1M | 0.01% |
37,450
-956
| -2% | -$512K |
|
662
Elastic
ESTC
$9.69B
| $20M | 0.01% |
162,799
+10,052
| +7% | +$1.24M |
|
663
Autoliv
ALV
$9.66B
| $20M | 0.01% |
193,734
-5,112
| -3% | -$529K |
|
664
Saia
SAIA
$8.16B
| $20M | 0.01% |
59,318
-573
| -1% | -$193K |
|
|
FTCH
665
DELISTED
Farfetch Limited Class A Ordinary Shares
FTCH
| $19.9M | 0.01% |
596,624
-38,763
| -6% | -$1.3M |
|
666
TopBuild
BLD
$11.8B
| $19.8M | 0.01% |
71,879
-1,782
| -2% | -$492K |
|
667
Silicon Laboratories
SLAB
$4.45B
| $19.8M | 0.01% |
96,048
-4,568
| -5% | -$943K |
|
668
Globe Life
GL
$11.4B
| $19.8M | 0.01% |
210,860
-19,248
| -8% | -$1.8M |
|
669
Ovintiv
OVV
$10.7B
| $19.8M | 0.01% |
586,296
-22,044
| -4% | -$743K |
|
670
Tetra Tech
TTEK
$9.22B
| $19.7M | 0.01% |
580,450
-34,360
| -6% | -$1.17M |
|
671
Carlyle Group
CG
$23B
| $19.7M | 0.01% |
358,932
-7,221
| -2% | -$396K |
|
672
Lamb Weston
LW
$7.96B
| $19.7M | 0.01% |
310,121
-18,360
| -6% | -$1.16M |
|
673
Bruker
BRKR
$4.73B
| $19.7M | 0.01% |
234,178
-3,943
| -2% | -$331K |
|
674
Tandem Diabetes Care
TNDM
$849M
| $19.6M | 0.01% |
130,512
+6,467
| +5% | +$973K |
|
675
ITT
ITT
$13.4B
| $19.6M | 0.01% |
192,225
-4,182
| -2% | -$427K |
|