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 | |
|---|---|---|---|---|---|---|
776
Mattel
MAT
$5.96B
| $15.8M | 0.01% |
733,551
-59,041
| -7% | -$1.27M |
|
777
Voya Financial
VOYA
$7.3B
| $15.8M | 0.01% |
238,472
-32,082
| -12% | -$2.13M |
|
778
Healthcare Realty
HR
$6.4B
| $15.7M | 0.01% |
470,832
-24,816
| -5% | -$829K |
|
779
Cullen/Frost Bankers
CFR
$8.34B
| $15.7M | 0.01% |
124,596
-3,206
| -3% | -$404K |
|
780
Eagle Materials
EXP
$7.71B
| $15.7M | 0.01% |
94,193
-4,285
| -4% | -$713K |
|
781
Huntsman Corp
HUN
$1.95B
| $15.7M | 0.01% |
448,987
-24,586
| -5% | -$858K |
|
782
XPO
XPO
$15.4B
| $15.6M | 0.01% |
339,783
-15,983
| -4% | -$735K |
|
783
Landstar System
LSTR
$4.56B
| $15.6M | 0.01% |
86,959
-1,243
| -1% | -$223K |
|
784
Popular Inc
BPOP
$8.39B
| $15.6M | 0.01% |
189,724
-2,632
| -1% | -$216K |
|
785
Upstart Holdings
UPST
$6.63B
| $15.4M | 0.01% |
102,108
+3,349
| +3% | +$507K |
|
786
Old Republic International
ORI
$10B
| $15.4M | 0.01% |
626,464
-29,029
| -4% | -$714K |
|
787
Natera
NTRA
$24.2B
| $15.3M | 0.01% |
163,927
| – | – |
|
788
Omega Healthcare
OHI
$12.8B
| $15.3M | 0.01% |
516,586
-25,213
| -5% | -$746K |
|
789
Universal Display
OLED
$6.91B
| $15.3M | 0.01% |
92,599
-4,502
| -5% | -$743K |
|
790
Kornit Digital
KRNT
$680M
| $15.3M | 0.01% |
100,193
+10,931
| +12% | +$1.66M |
|
791
Yeti Holdings
YETI
$2.9B
| $15.2M | 0.01% |
183,339
-8,966
| -5% | -$743K |
|
792
CyberArk
CYBR
$23.6B
| $15.1M | 0.01% |
87,423
+874
| +1% | +$151K |
|
793
Ambarella
AMBA
$3.59B
| $15.1M | 0.01% |
74,506
-2,455
| -3% | -$498K |
|
|
BHVN
794
DELISTED
Biohaven Pharmaceutical Holding Company Ltd.
BHVN
| $15.1M | 0.01% |
109,389
-1,759
| -2% | -$242K |
|
795
Marriott Vacations Worldwide
VAC
$2.71B
| $15.1M | 0.01% |
89,179
-4,187
| -4% | -$707K |
|
796
Synovus
SNV
$7.2B
| $15.1M | 0.01% |
314,777
-23,282
| -7% | -$1.11M |
|
797
Envista
NVST
$3.51B
| $15M | 0.01% |
333,730
-26,626
| -7% | -$1.2M |
|
798
Coherent
COHR
$15.5B
| $15M | 0.01% |
219,778
-12,177
| -5% | -$832K |
|
799
First Financial Bankshares
FFIN
$5.13B
| $14.7M | 0.01% |
289,096
-1,963
| -0.7% | -$99.8K |
|
800
Performance Food Group
PFGC
$16.3B
| $14.7M | 0.01% |
319,802
-452
| -0.1% | -$20.7K |
|