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 | |
|---|---|---|---|---|---|---|
676
XP
XP
$9.59B
| $19.6M | 0.01% |
683,368
+251,621
| +58% | +$7.23M |
|
|
SGI
677
Somnigroup International Inc.
SGI
$17.7B
| $19.6M | 0.01% |
416,980
-33,492
| -7% | -$1.58M |
|
678
Churchill Downs
CHDN
$6.85B
| $19.5M | 0.01% |
161,672
-4,066
| -2% | -$490K |
|
679
First Industrial Realty Trust
FR
$6.79B
| $19.4M | 0.01% |
292,734
-2,648
| -0.9% | -$175K |
|
680
Clarivate
CLVT
$2.96B
| $19.4M | 0.01% |
823,086
-34,433
| -4% | -$810K |
|
681
Paylocity
PCTY
$9.49B
| $19.3M | 0.01% |
81,651
-2,118
| -3% | -$500K |
|
682
Tenet Healthcare
THC
$17.4B
| $19.1M | 0.01% |
233,848
-11,322
| -5% | -$925K |
|
683
GXO Logistics
GXO
$5.83B
| $19.1M | 0.01% |
209,920
+1,048
| +0.5% | +$95.2K |
|
684
Flex
FLEX
$21B
| $19M | 0.01% |
1,375,896
-116,910
| -8% | -$1.61M |
|
685
Avis
CAR
$5.56B
| $18.9M | 0.01% |
91,247
-8,013
| -8% | -$1.66M |
|
686
AerCap
AER
$21.6B
| $18.9M | 0.01% |
288,316
-8,444
| -3% | -$552K |
|
687
First Horizon
FHN
$11.6B
| $18.8M | 0.01% |
1,153,436
-97,708
| -8% | -$1.6M |
|
|
AIRC
688
DELISTED
Apartment Income REIT Corp.
AIRC
| $18.8M | 0.01% |
344,480
-6,591
| -2% | -$360K |
|
689
Jefferies Financial Group
JEF
$13.3B
| $18.8M | 0.01% |
507,570
-22,578
| -4% | -$838K |
|
690
NNN REIT
NNN
$8.06B
| $18.8M | 0.01% |
391,086
-10,837
| -3% | -$521K |
|
691
Wynn Resorts
WYNN
$12.6B
| $18.7M | 0.01% |
220,476
+5,831
| +3% | +$496K |
|
692
Olin
OLN
$2.91B
| $18.7M | 0.01% |
324,907
-14,277
| -4% | -$821K |
|
|
LSXMK
693
DELISTED
Liberty Media Corporation Series C Liberty SiriusXM Common Stock
LSXMK
| $18.6M | 0.01% |
472,243
-5,974
| -1% | -$235K |
|
694
Credicorp
BAP
$20.9B
| $18.5M | 0.01% |
151,474
-51,876
| -26% | -$6.33M |
|
695
Molson Coors Class B
TAP
$9.78B
| $18.5M | 0.01% |
398,376
-10,392
| -3% | -$482K |
|
696
Lithia Motors
LAD
$8.84B
| $18.4M | 0.01% |
61,976
-2,751
| -4% | -$817K |
|
697
Peloton Interactive
PTON
$3.24B
| $18.4M | 0.01% |
513,167
-22,963
| -4% | -$821K |
|
698
Macy's
M
$4.61B
| $18.3M | 0.01% |
698,759
-36,163
| -5% | -$947K |
|
|
SMAR
699
DELISTED
Smartsheet Inc.
SMAR
| $18.3M | 0.01% |
235,806
-8,229
| -3% | -$637K |
|
|
STOR
700
DELISTED
STORE Capital Corporation
STOR
| $18.2M | 0.01% |
529,440
-29,411
| -5% | -$1.01M |
|