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
|
+$2.5B |
| 2 |
Meta Platforms (Facebook)
META
|
+$334M |
| 3 |
Abbott
ABT
|
+$271M |
| 4 |
Stryker
SYK
|
+$155M |
| 5 |
McDonald's
MCD
|
+$154M |
Top Sells
| 1 |
Apple
AAPL
|
+$1.14B |
| 2 |
Costco
COST
|
+$440M |
| 3 |
Oracle
ORCL
|
+$194M |
| 4 |
Micron Technology
MU
|
+$192M |
| 5 |
Gilead Sciences
GILD
|
+$157M |
Sector Composition
| 1 | Technology | 28.1% |
| 2 | Financials | 13.31% |
| 3 | Healthcare | 11.32% |
| 4 | Consumer Discretionary | 8.29% |
| 5 | Communication Services | 8.06% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
801
Synovus
SNV
$7.13B
| $10.9M | 0.01% |
234,257
-10,694
| -4% | -$500K |
|
802
CAVA Group
CAVA
$7.56B
| $10.9M | 0.01% |
126,411
-129
| -0.1% | -$11.1K |
|
803
Commercial Metals
CMC
$6.53B
| $10.9M | 0.01% |
237,232
-8,774
| -4% | -$404K |
|
804
Saia
SAIA
$8.19B
| $10.9M | 0.01% |
31,187
-992
| -3% | -$347K |
|
805
Repligen
RGEN
$6.76B
| $10.9M | 0.01% |
85,288
+15,968
| +23% | +$2.03M |
|
806
Teleflex
TFX
$5.76B
| $10.8M | 0.01% |
78,320
+114
| +0.1% | +$15.8K |
|
807
Huntington Ingalls Industries
HII
$10.7B
| $10.8M | 0.01% |
53,025
-119,796
| -69% | -$24.4M |
|
808
ESAB
ESAB
$6.9B
| $10.8M | 0.01% |
92,842
-34
| -0% | -$3.96K |
|
809
Advanced Drainage Systems
WMS
$11B
| $10.8M | 0.01% |
99,306
+112
| +0.1% | +$12.2K |
|
810
AGNC Investment
AGNC
$10.7B
| $10.7M | 0.01% |
1,121,487
+98,766
| +10% | +$946K |
|
811
Bath & Body Works
BBWI
$5.81B
| $10.7M | 0.01% |
354,211
-5,504
| -2% | -$167K |
|
812
Dropbox
DBX
$8.29B
| $10.6M | 0.01% |
398,576
-746,178
| -65% | -$19.9M |
|
813
Prosperity Bancshares
PB
$6.4B
| $10.6M | 0.01% |
148,336
+2,863
| +2% | +$204K |
|
814
Moderna
MRNA
$9.46B
| $10.5M | 0.01% |
371,536
-20,223
| -5% | -$573K |
|
815
Landstar System
LSTR
$4.5B
| $10.5M | 0.01% |
70,063
-940
| -1% | -$141K |
|
816
Antero Midstream
AM
$8.79B
| $10.5M | 0.01% |
580,693
+6,841
| +1% | +$123K |
|
817
Old National Bancorp
ONB
$8.81B
| $10.4M | 0.01% |
492,345
+11,374
| +2% | +$241K |
|
818
Taylor Morrison
TMHC
$6.89B
| $10.4M | 0.01% |
173,260
+7,572
| +5% | +$455K |
|
819
UFP Industries
UFPI
$5.84B
| $10.4M | 0.01% |
97,134
-16,597
| -15% | -$1.78M |
|
820
Autoliv
ALV
$9.63B
| $10.4M | 0.01% |
117,258
-4,871
| -4% | -$431K |
|
821
Alarm.com
ALRM
$2.76B
| $10.3M | 0.01% |
185,849
+18,415
| +11% | +$1.02M |
|
822
Oshkosh
OSK
$8.75B
| $10.3M | 0.01% |
109,795
+15,601
| +17% | +$1.47M |
|
823
Americold
COLD
$3.76B
| $10.3M | 0.01% |
480,743
-14,142
| -3% | -$303K |
|
824
Flowserve
FLS
$7.35B
| $10.3M | 0.01% |
210,740
-11,606
| -5% | -$567K |
|
825
Rocket Lab Corporation Common Stock
RKLB
$22.3B
| $10.2M | 0.01% |
+569,264
| New | +$10.2M |
|