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 | |
|---|---|---|---|---|---|---|
701
DraftKings
DKNG
$22.8B
| $18.2M | 0.01% |
661,360
-14,697
| -2% | -$404K |
|
702
Intellia Therapeutics
NTLA
$1.28B
| $18.2M | 0.01% |
153,586
+702
| +0.5% | +$83K |
|
703
Morningstar
MORN
$10.9B
| $18.1M | 0.01% |
53,069
| – | – |
|
704
PENN Entertainment
PENN
$2.93B
| $18.1M | 0.01% |
349,024
+1,749
| +0.5% | +$90.7K |
|
705
First American
FAF
$6.8B
| $18.1M | 0.01% |
231,278
-13,101
| -5% | -$1.02M |
|
706
Chemed
CHE
$6.76B
| $18.1M | 0.01% |
34,153
-589
| -2% | -$312K |
|
707
FIVE9
FIVN
$2.06B
| $18.1M | 0.01% |
131,533
-5,249
| -4% | -$721K |
|
708
Lincoln Electric
LECO
$13.4B
| $18M | 0.01% |
129,173
-1,148
| -0.9% | -$160K |
|
709
Kilroy Realty
KRC
$5.05B
| $18M | 0.01% |
271,015
-2,337
| -0.9% | -$155K |
|
710
Pure Storage
PSTG
$25.9B
| $18M | 0.01% |
552,344
+11,337
| +2% | +$369K |
|
711
Wyndham Hotels & Resorts
WH
$6.71B
| $18M | 0.01% |
200,356
-5,132
| -2% | -$460K |
|
712
First Solar
FSLR
$21.8B
| $17.9M | 0.01% |
205,154
-31,676
| -13% | -$2.76M |
|
713
DXC Technology
DXC
$2.62B
| $17.9M | 0.01% |
555,264
-28,096
| -5% | -$904K |
|
714
Oshkosh
OSK
$8.7B
| $17.8M | 0.01% |
158,052
-2,673
| -2% | -$301K |
|
|
ACC
715
DELISTED
American Campus Communities, Inc.
ACC
| $17.7M | 0.01% |
308,717
-3,389
| -1% | -$194K |
|
716
Advanced Drainage Systems
WMS
$10.7B
| $17.7M | 0.01% |
129,862
-396
| -0.3% | -$53.9K |
|
717
New York Times
NYT
$9.58B
| $17.7M | 0.01% |
365,613
-7,938
| -2% | -$383K |
|
718
Aramark
ARMK
$10.1B
| $17.6M | 0.01% |
662,970
-43,053
| -6% | -$1.15M |
|
719
Lumentum
LITE
$10.6B
| $17.6M | 0.01% |
166,493
-6,569
| -4% | -$695K |
|
720
Gentex
GNTX
$6.3B
| $17.6M | 0.01% |
504,467
-31,867
| -6% | -$1.11M |
|
721
Guardant Health
GH
$7.41B
| $17.6M | 0.01% |
175,645
-6,682
| -4% | -$668K |
|
722
Brunswick
BC
$4.27B
| $17.5M | 0.01% |
174,105
-7,428
| -4% | -$748K |
|
|
DISH
723
DELISTED
DISH Network Corp.
DISH
| $17.5M | 0.01% |
540,465
-27,174
| -5% | -$882K |
|
724
Newell Brands
NWL
$2.65B
| $17.5M | 0.01% |
800,999
-55,766
| -7% | -$1.22M |
|
725
WillScot Mobile Mini Holdings
WSC
$4.22B
| $17.5M | 0.01% |
427,575
+5,444
| +1% | +$222K |
|