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 |
Costco
COST
|
+$253M |
| 2 |
Walmart
WMT
|
+$201M |
| 3 |
Amazon
AMZN
|
+$110M |
| 4 |
United Parcel Service
UPS
|
+$103M |
| 5 |
Pool Corp
POOL
|
+$87M |
Top Sells
| 1 |
TJX Companies
TJX
|
+$413M |
| 2 |
Chubb
CB
|
+$336M |
| 3 |
Coca-Cola
KO
|
+$252M |
| 4 |
McCormick & Company Non-Voting
MKC
|
+$169M |
| 5 |
Apple
AAPL
|
+$152M |
Sector Composition
| 1 | Technology | 23.04% |
| 2 | Healthcare | 14.63% |
| 3 | Financials | 12.69% |
| 4 | Consumer Discretionary | 10.7% |
| 5 | Communication Services | 9.82% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
751
Vertiv
VRT
$51.8B
| $17.1M | 0.01% |
625,479
+47,075
| +8% | +$1.29M |
|
752
Arrowhead Research
ARWR
$4.11B
| $16.9M | 0.01% |
203,656
-20,886
| -9% | -$1.73M |
|
753
IPG Photonics
IPGP
$3.49B
| $16.8M | 0.01% |
79,895
-3,755
| -4% | -$791K |
|
754
SiteOne Landscape Supply
SITE
$6.33B
| $16.7M | 0.01% |
98,857
-3,867
| -4% | -$655K |
|
|
PPD
755
DELISTED
PPD, Inc. Common Stock
PPD
| $16.7M | 0.01% |
362,554
-16,265
| -4% | -$750K |
|
756
Chemed
CHE
$6.67B
| $16.7M | 0.01% |
35,173
-2,832
| -7% | -$1.34M |
|
757
Zillow
ZG
$20.8B
| $16.7M | 0.01% |
136,183
-9,390
| -6% | -$1.15M |
|
758
Harley-Davidson
HOG
$3.73B
| $16.7M | 0.01% |
364,028
-21,045
| -5% | -$964K |
|
759
Coherent
COHR
$16.1B
| $16.7M | 0.01% |
229,718
-9,187
| -4% | -$667K |
|
760
Old Republic International
ORI
$10.1B
| $16.6M | 0.01% |
667,529
-43,338
| -6% | -$1.08M |
|
761
Tenet Healthcare
THC
$17.1B
| $16.6M | 0.01% |
247,749
-14,426
| -6% | -$966K |
|
762
Fiverr
FVRR
$878M
| $16.6M | 0.01% |
68,429
+4,423
| +7% | +$1.07M |
|
763
Alaska Air
ALK
$7.36B
| $16.5M | 0.01% |
274,345
-14,133
| -5% | -$852K |
|
764
Casey's General Stores
CASY
$20.6B
| $16.5M | 0.01% |
84,977
-2,730
| -3% | -$531K |
|
765
Churchill Downs
CHDN
$6.93B
| $16.5M | 0.01% |
166,312
-12,860
| -7% | -$1.27M |
|
766
STAAR Surgical
STAA
$1.39B
| $16.5M | 0.01% |
108,063
-7,735
| -7% | -$1.18M |
|
|
IAA
767
DELISTED
IAA, Inc. Common Stock
IAA
| $16.5M | 0.01% |
301,813
-12,030
| -4% | -$656K |
|
768
Alcoa
AA
$8.36B
| $16.4M | 0.01% |
446,025
+3,818
| +0.9% | +$141K |
|
769
New York Times
NYT
$9.53B
| $16.4M | 0.01% |
376,723
-10,725
| -3% | -$467K |
|
770
Carlyle Group
CG
$24.4B
| $16.4M | 0.01% |
352,637
+69,956
| +25% | +$3.25M |
|
|
AIRC
771
DELISTED
Apartment Income REIT Corp.
AIRC
| $16.2M | 0.01% |
342,202
-4,523
| -1% | -$215K |
|
|
GAP
772
The Gap, Inc.
GAP
$8.99B
| $16.1M | 0.01% |
478,989
+41,488
| +9% | +$1.4M |
|
773
Starwood Property Trust
STWD
$7.56B
| $16.1M | 0.01% |
615,021
-23,965
| -4% | -$627K |
|
774
Paylocity
PCTY
$9.48B
| $16M | 0.01% |
83,856
-5,775
| -6% | -$1.1M |
|
775
Emcor
EME
$28.6B
| $16M | 0.01% |
129,541
-337
| -0.3% | -$41.5K |
|