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 | |
|---|---|---|---|---|---|---|
|
X
826
DELISTED
US Steel
X
| $13.8M | 0.01% |
579,626
-26,791
| -4% | -$638K |
|
827
MDU Resources
MDU
$3.28B
| $13.8M | 0.01% |
1,175,540
-70,331
| -6% | -$825K |
|
828
nVent Electric
NVT
$14.7B
| $13.8M | 0.01% |
362,248
-16,774
| -4% | -$637K |
|
829
Novanta
NOVT
$4.14B
| $13.7M | 0.01% |
77,938
| – | – |
|
830
ASGN Inc
ASGN
$2.29B
| $13.7M | 0.01% |
111,282
-6,626
| -6% | -$818K |
|
831
Interactive Brokers
IBKR
$27.7B
| $13.7M | 0.01% |
691,372
-31,720
| -4% | -$630K |
|
832
Nutanix
NTNX
$20.3B
| $13.7M | 0.01% |
429,812
+38,620
| +10% | +$1.23M |
|
833
Encompass Health
EHC
$12.6B
| $13.7M | 0.01% |
263,006
-10,967
| -4% | -$569K |
|
834
Terreno Realty
TRNO
$5.96B
| $13.6M | 0.01% |
159,772
+5,692
| +4% | +$485K |
|
835
Exponent
EXPO
$3.52B
| $13.6M | 0.01% |
116,613
| – | – |
|
836
Simpson Manufacturing
SSD
$7.92B
| $13.6M | 0.01% |
97,674
| – | – |
|
837
Primerica
PRI
$8.79B
| $13.6M | 0.01% |
88,518
| – | – |
|
838
Texas Roadhouse
TXRH
$11.2B
| $13.5M | 0.01% |
151,653
-7,816
| -5% | -$698K |
|
|
SWAV
839
DELISTED
Shockwave Medical, Inc. Common Stock
SWAV
| $13.5M | 0.01% |
75,863
-607
| -0.8% | -$108K |
|
840
WESCO International
WCC
$10.3B
| $13.5M | 0.01% |
102,748
-1,896
| -2% | -$250K |
|
841
Alaska Air
ALK
$7.18B
| $13.5M | 0.01% |
258,494
-15,070
| -6% | -$785K |
|
842
HEICO
HEI
$44B
| $13.4M | 0.01% |
93,077
-7,272
| -7% | -$1.05M |
|
843
Dolby
DLB
$6.93B
| $13.4M | 0.01% |
140,695
-6,640
| -5% | -$632K |
|
844
Sunrun
RUN
$3.7B
| $13.4M | 0.01% |
390,468
-14,351
| -4% | -$492K |
|
845
SLM Corp
SLM
$6.22B
| $13.4M | 0.01% |
678,976
-65,242
| -9% | -$1.28M |
|
846
WEX
WEX
$5.92B
| $13.3M | 0.01% |
94,464
-5,117
| -5% | -$718K |
|
847
IPG Photonics
IPGP
$3.46B
| $13.2M | 0.01% |
76,674
-4,182
| -5% | -$720K |
|
848
Light & Wonder
LNW
$7.39B
| $13.2M | 0.01% |
197,240
+13,199
| +7% | +$882K |
|
849
Helen of Troy
HELE
$550M
| $13.1M | 0.01% |
53,772
-1,393
| -3% | -$341K |
|
850
Bank OZK
OZK
$5.86B
| $13.1M | 0.01% |
282,222
-5,401
| -2% | -$251K |
|