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 |
Bristol-Myers Squibb
BMY
|
+$319M |
| 2 |
AbbVie
ABBV
|
+$240M |
| 3 |
IBM
IBM
|
+$102M |
| 4 |
Progressive
PGR
|
+$97.4M |
| 5 |
Conagra Brands
CAG
|
+$82.3M |
Top Sells
| 1 |
Vanguard S&P 500 ETF
VOO
|
+$3.7B |
| 2 |
iShares Core S&P 500 ETF
IVV
|
+$3.19B |
| 3 |
Apple
AAPL
|
+$367M |
| 4 |
Microsoft
MSFT
|
+$324M |
| 5 |
Amazon
AMZN
|
+$281M |
Sector Composition
| 1 | Technology | 23.74% |
| 2 | Healthcare | 15.08% |
| 3 | Financials | 12.51% |
| 4 | Consumer Discretionary | 10.06% |
| 5 | Consumer Staples | 8.65% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
726
Advanced Drainage Systems
WMS
$11.5B
| $15M | 0.01% |
126,166
-3,696
| -3% | -$439K |
|
727
Tandem Diabetes Care
TNDM
$845M
| $14.9M | 0.01% |
128,283
-2,229
| -2% | -$259K |
|
728
Invesco
IVZ
$9.81B
| $14.9M | 0.01% |
644,332
-77,327
| -11% | -$1.78M |
|
729
Donaldson
DCI
$9.47B
| $14.8M | 0.01% |
285,865
| – | – |
|
730
Pinnacle Financial Partners
PNFP
$7.63B
| $14.8M | 0.01% |
160,782
-6,502
| -4% | -$599K |
|
731
CACI
CACI
$10.4B
| $14.8M | 0.01% |
49,041
-3,802
| -7% | -$1.15M |
|
732
Old Republic International
ORI
$10B
| $14.7M | 0.01% |
569,145
-57,319
| -9% | -$1.48M |
|
733
Popular Inc
BPOP
$8.48B
| $14.7M | 0.01% |
180,116
-9,608
| -5% | -$785K |
|
734
STAG Industrial
STAG
$6.84B
| $14.7M | 0.01% |
355,514
-5,981
| -2% | -$247K |
|
735
Envista
NVST
$3.51B
| $14.7M | 0.01% |
301,091
-32,639
| -10% | -$1.59M |
|
736
Alaska Air
ALK
$7.34B
| $14.7M | 0.01% |
252,754
-5,740
| -2% | -$333K |
|
737
Oshkosh
OSK
$8.9B
| $14.7M | 0.01% |
145,626
-12,426
| -8% | -$1.25M |
|
738
Synovus
SNV
$7.2B
| $14.6M | 0.01% |
298,856
-15,921
| -5% | -$780K |
|
739
Rivian
RIVN
$17B
| $14.6M | 0.01% |
289,709
-15,472
| -5% | -$777K |
|
740
GameStop
GME
$10.4B
| $14.5M | 0.01% |
348,000
+6,400
| +2% | +$267K |
|
741
First American
FAF
$6.83B
| $14.5M | 0.01% |
223,472
-7,806
| -3% | -$506K |
|
742
Morningstar
MORN
$10.9B
| $14.5M | 0.01% |
52,950
-119
| -0.2% | -$32.5K |
|
743
WEX
WEX
$5.91B
| $14.4M | 0.01% |
80,882
-13,582
| -14% | -$2.42M |
|
744
Amcor
AMCR
$18.9B
| $14.4M | 0.01% |
1,267,688
+112,009
| +10% | +$1.27M |
|
745
Mohawk Industries
MHK
$8.67B
| $14.4M | 0.01% |
115,558
-5,552
| -5% | -$690K |
|
746
Omega Healthcare
OHI
$12.8B
| $14.3M | 0.01% |
459,756
-56,830
| -11% | -$1.77M |
|
747
CyberArk
CYBR
$23.6B
| $14.3M | 0.01% |
84,849
-2,574
| -3% | -$434K |
|
748
GXO Logistics
GXO
$5.98B
| $14.3M | 0.01% |
200,061
-9,859
| -5% | -$703K |
|
749
Acuity Brands
AYI
$10.3B
| $14.2M | 0.01% |
75,257
-2,056
| -3% | -$389K |
|
750
Planet Fitness
PLNT
$8.75B
| $14.2M | 0.01% |
168,296
-6,394
| -4% | -$540K |
|