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 | |
|---|---|---|---|---|---|---|
|
BCPC
651
Balchem Corporation
BCPC
$5.05B
| $16.7M | 0.01% |
100,563
-2,608
| -3% | -$433K |
|
|
MZTI
652
The Marzetti Company Common Stock
MZTI
$4.97B
| $16.7M | 0.01% |
95,273
-3,339
| -3% | -$584K |
|
653
Mueller Industries
MLI
$10.8B
| $16.7M | 0.01% |
218,932
-11,372
| -5% | -$866K |
|
654
On Holding
ONON
$14B
| $16.6M | 0.01% |
378,837
-7,728
| -2% | -$339K |
|
655
Ally Financial
ALLY
$12.7B
| $16.6M | 0.01% |
454,019
-24,687
| -5% | -$900K |
|
656
Assured Guaranty
AGO
$3.89B
| $16.4M | 0.01% |
186,233
-11,791
| -6% | -$1.04M |
|
657
Ralph Lauren
RL
$18.9B
| $16.3M | 0.01% |
74,037
+2,309
| +3% | +$510K |
|
658
Core & Main
CNM
$9.26B
| $16.2M | 0.01% |
335,817
+75,029
| +29% | +$3.62M |
|
659
Interpublic Group of Companies
IPG
$9.51B
| $16.2M | 0.01% |
594,977
-31,687
| -5% | -$861K |
|
660
BellRing Brands
BRBR
$4.63B
| $16.2M | 0.01% |
216,922
-5,296
| -2% | -$394K |
|
661
Carpenter Technology
CRS
$12.3B
| $16.1M | 0.01% |
88,754
+4,855
| +6% | +$880K |
|
662
Solventum
SOLV
$12.3B
| $16.1M | 0.01% |
211,309
-3,529
| -2% | -$268K |
|
663
Applied Industrial Technologies
AIT
$9.95B
| $15.9M | 0.01% |
70,505
+49
| +0.1% | +$11K |
|
664
First Horizon
FHN
$11.5B
| $15.8M | 0.01% |
813,904
-4,365
| -0.5% | -$84.8K |
|
|
SGI
665
Somnigroup International Inc.
SGI
$17.9B
| $15.7M | 0.01% |
263,003
-6,611
| -2% | -$396K |
|
666
Ingredion
INGR
$8.08B
| $15.7M | 0.01% |
116,435
-9,403
| -7% | -$1.27M |
|
667
monday.com
MNDY
$9.66B
| $15.7M | 0.01% |
64,706
+169
| +0.3% | +$41.1K |
|
668
CubeSmart
CUBE
$9.29B
| $15.7M | 0.01% |
367,764
-4,055
| -1% | -$173K |
|
669
Entegris
ENTG
$12B
| $15.7M | 0.01% |
179,546
-7,553
| -4% | -$661K |
|
670
Western Digital
WDC
$33B
| $15.7M | 0.01% |
387,790
-294,604
| -43% | -$11.9M |
|
671
Merit Medical Systems
MMSI
$5.26B
| $15.6M | 0.01% |
147,852
+1,459
| +1% | +$154K |
|
672
Rivian
RIVN
$16.9B
| $15.6M | 0.01% |
1,253,208
-12,040
| -1% | -$150K |
|
673
Range Resources
RRC
$8.3B
| $15.2M | 0.01% |
380,170
-24,136
| -6% | -$964K |
|
674
Webster Financial
WBS
$10.2B
| $15.1M | 0.01% |
293,306
-13,184
| -4% | -$680K |
|
675
Penumbra
PEN
$10.6B
| $15.1M | 0.01% |
56,536
+11,034
| +24% | +$2.95M |
|