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 | |
|---|---|---|---|---|---|---|
776
Sarepta Therapeutics
SRPT
$1.84B
| $13.5M | 0.01% |
172,853
-5,258
| -3% | -$411K |
|
777
Prosperity Bancshares
PB
$6.38B
| $13.5M | 0.01% |
194,362
-3,928
| -2% | -$273K |
|
778
Trex
TREX
$6.48B
| $13.5M | 0.01% |
206,351
-21,162
| -9% | -$1.38M |
|
779
Healthcare Realty
HR
$6.46B
| $13.5M | 0.01% |
430,109
-40,723
| -9% | -$1.28M |
|
|
JOBS
780
DELISTED
51job, Inc.
JOBS
| $13.5M | 0.01% |
230,022
+1,155
| +0.5% | +$67.6K |
|
781
Littelfuse
LFUS
$6.42B
| $13.5M | 0.01% |
53,953
| – | – |
|
782
Affiliated Managers Group
AMG
$6.56B
| $13.4M | 0.01% |
94,980
-3,572
| -4% | -$503K |
|
783
Coupang
CPNG
$58B
| $13.4M | 0.01% |
+756,545
| New | +$13.4M |
|
|
STOR
784
DELISTED
STORE Capital Corporation
STOR
| $13.3M | 0.01% |
456,330
-73,110
| -14% | -$2.14M |
|
785
ITT
ITT
$13.3B
| $13.3M | 0.01% |
177,187
-15,038
| -8% | -$1.13M |
|
786
Brunswick
BC
$4.24B
| $13.3M | 0.01% |
164,591
-9,514
| -5% | -$770K |
|
|
COUP
787
DELISTED
Coupa Software Incorporated
COUP
| $13.2M | 0.01% |
130,236
-11,096
| -8% | -$1.13M |
|
788
Inspire Medical Systems
INSP
$2.43B
| $13.2M | 0.01% |
51,396
-2,783
| -5% | -$714K |
|
789
Ingredion
INGR
$8.2B
| $13.1M | 0.01% |
150,706
+298
| +0.2% | +$26K |
|
790
Dick's Sporting Goods
DKS
$17.7B
| $13.1M | 0.01% |
130,538
-9,869
| -7% | -$987K |
|
791
HEICO
HEI
$44B
| $13M | 0.01% |
84,878
-8,199
| -9% | -$1.26M |
|
792
Americold
COLD
$3.85B
| $13M | 0.01% |
466,808
-44,638
| -9% | -$1.24M |
|
793
ASGN Inc
ASGN
$2.3B
| $13M | 0.01% |
111,282
| – | – |
|
794
Clarivate
CLVT
$2.97B
| $13M | 0.01% |
773,931
-49,155
| -6% | -$824K |
|
795
WESCO International
WCC
$10.4B
| $12.9M | 0.01% |
99,482
-3,266
| -3% | -$425K |
|
|
SWAV
796
DELISTED
Shockwave Medical, Inc. Common Stock
SWAV
| $12.9M | 0.01% |
62,327
-13,536
| -18% | -$2.81M |
|
797
Janus Henderson
JHG
$6.92B
| $12.9M | 0.01% |
368,828
-28,101
| -7% | -$984K |
|
798
Polaris
PII
$3.27B
| $12.9M | 0.01% |
122,068
-4,218
| -3% | -$444K |
|
799
Idacorp
IDA
$6.72B
| $12.8M | 0.01% |
111,147
-2,738
| -2% | -$316K |
|
800
Harley-Davidson
HOG
$3.75B
| $12.8M | 0.01% |
324,525
-22,598
| -7% | -$890K |
|