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 | |
|---|---|---|---|---|---|---|
751
PVH
PVH
$3.93B
| $16.6M | 0.01% |
155,559
-8,372
| -5% | -$893K |
|
752
Casey's General Stores
CASY
$20B
| $16.5M | 0.01% |
83,692
-1,032
| -1% | -$204K |
|
753
DaVita
DVA
$9.46B
| $16.5M | 0.01% |
145,147
-18,054
| -11% | -$2.05M |
|
754
Kohl's
KSS
$1.8B
| $16.5M | 0.01% |
333,915
-29,051
| -8% | -$1.43M |
|
|
PBCT
755
DELISTED
People's United Financial Inc
PBCT
| $16.5M | 0.01% |
925,432
-32,561
| -3% | -$580K |
|
756
Dropbox
DBX
$8.29B
| $16.4M | 0.01% |
669,896
-38,220
| -5% | -$938K |
|
757
US Foods
USFD
$17.5B
| $16.4M | 0.01% |
471,747
-22,617
| -5% | -$788K |
|
758
Acuity Brands
AYI
$10.1B
| $16.4M | 0.01% |
77,313
-2,606
| -3% | -$552K |
|
759
Vertiv
VRT
$52.2B
| $16.4M | 0.01% |
655,180
+24,505
| +4% | +$612K |
|
760
Organon & Co
OGN
$2.67B
| $16.3M | 0.01% |
536,236
-27,992
| -5% | -$852K |
|
761
Norwegian Cruise Line
NCLH
$11.5B
| $16.3M | 0.01% |
784,309
-41,397
| -5% | -$859K |
|
762
AGCO
AGCO
$8.02B
| $16.3M | 0.01% |
140,180
-8,604
| -6% | -$998K |
|
763
WIX.com
WIX
$9.13B
| $16.2M | 0.01% |
102,939
-5,322
| -5% | -$840K |
|
764
Affiliated Managers Group
AMG
$6.6B
| $16.2M | 0.01% |
98,552
-1,739
| -2% | -$286K |
|
765
Louisiana-Pacific
LPX
$6.64B
| $16.2M | 0.01% |
206,569
-24,400
| -11% | -$1.91M |
|
766
Dick's Sporting Goods
DKS
$18.2B
| $16.1M | 0.01% |
140,407
-6,176
| -4% | -$710K |
|
767
OGE Energy
OGE
$8.85B
| $16.1M | 0.01% |
420,368
-32,725
| -7% | -$1.26M |
|
768
Fox Factory Holding Corp
FOXF
$1.17B
| $16.1M | 0.01% |
94,670
+262
| +0.3% | +$44.6K |
|
769
Emcor
EME
$28.4B
| $16.1M | 0.01% |
126,237
-1,379
| -1% | -$176K |
|
770
Vornado Realty Trust
VNO
$7.77B
| $16.1M | 0.01% |
383,543
-15,745
| -4% | -$659K |
|
771
Sarepta Therapeutics
SRPT
$1.8B
| $16M | 0.01% |
178,111
+8,784
| +5% | +$791K |
|
|
NLSN
772
DELISTED
Nielsen Holdings plc
NLSN
| $16M | 0.01% |
780,486
-73,049
| -9% | -$1.5M |
|
773
Pinnacle Financial Partners
PNFP
$7.58B
| $16M | 0.01% |
167,284
-3,182
| -2% | -$304K |
|
|
DISCK
774
DELISTED
Discovery, Inc. Series C Common Stock
DISCK
| $15.8M | 0.01% |
690,985
-25,808
| -4% | -$591K |
|
775
Planet Fitness
PLNT
$8.52B
| $15.8M | 0.01% |
174,690
+4,898
| +3% | +$444K |
|