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 | |
|---|---|---|---|---|---|---|
851
Harley-Davidson
HOG
$3.77B
| $13.1M | 0.01% |
347,123
-8,623
| -2% | -$325K |
|
852
Opendoor
OPEN
$4.5B
| $13.1M | 0.01% |
894,066
+9,778
| +1% | +$143K |
|
853
Credit Acceptance
CACC
$5.77B
| $13.1M | 0.01% |
18,981
-1,832
| -9% | -$1.26M |
|
854
AMN Healthcare
AMN
$806M
| $13M | 0.01% |
106,645
-1,520
| -1% | -$186K |
|
855
Euronet Worldwide
EEFT
$3.59B
| $13M | 0.01% |
108,955
-4,187
| -4% | -$499K |
|
856
Cousins Properties
CUZ
$4.88B
| $13M | 0.01% |
322,092
-17,604
| -5% | -$709K |
|
857
Curtiss-Wright
CW
$18.2B
| $13M | 0.01% |
93,503
| – | – |
|
858
Chart Industries
GTLS
$8.98B
| $12.9M | 0.01% |
80,923
-1,610
| -2% | -$257K |
|
859
Idacorp
IDA
$6.68B
| $12.9M | 0.01% |
113,885
-1,216
| -1% | -$138K |
|
860
Semtech
SMTC
$5.26B
| $12.8M | 0.01% |
144,249
+1,409
| +1% | +$125K |
|
861
National Fuel Gas
NFG
$7.71B
| $12.8M | 0.01% |
200,559
+2,189
| +1% | +$140K |
|
862
Rayonier
RYN
$4.1B
| $12.7M | 0.01% |
330,756
-3,601
| -1% | -$138K |
|
863
GameStop
GME
$10.6B
| $12.7M | 0.01% |
341,600
+282,400
| +477% | +$10.5M |
|
|
PLAN
864
DELISTED
Anaplan, Inc.
PLAN
| $12.6M | 0.01% |
275,511
-9,765
| -3% | -$448K |
|
|
NATI
865
DELISTED
National Instruments Corp
NATI
| $12.6M | 0.01% |
289,122
-6,622
| -2% | -$289K |
|
866
Ashland
ASH
$2.49B
| $12.6M | 0.01% |
117,065
-7,608
| -6% | -$819K |
|
867
Mine Safety
MSA
$6.67B
| $12.6M | 0.01% |
83,369
+1,000
| +1% | +$151K |
|
868
SouthState Bank Corporation
SSB
$10.2B
| $12.6M | 0.01% |
157,007
| – | – |
|
869
UFP Industries
UFPI
$6.01B
| $12.5M | 0.01% |
136,167
-323
| -0.2% | -$29.7K |
|
870
Thor Industries
THO
$5.92B
| $12.5M | 0.01% |
120,582
-1,968
| -2% | -$204K |
|
871
Armstrong World Industries
AWI
$8.52B
| $12.5M | 0.01% |
107,548
| – | – |
|
872
Inspire Medical Systems
INSP
$2.47B
| $12.5M | 0.01% |
54,179
| – | – |
|
873
Halozyme
HALO
$8.87B
| $12.4M | 0.01% |
309,604
-5,631
| -2% | -$226K |
|
874
Ralph Lauren
RL
$18.7B
| $12.4M | 0.01% |
104,609
-6,244
| -6% | -$742K |
|
|
NEWR
875
DELISTED
New Relic, Inc.
NEWR
| $12.4M | 0.01% |
113,018
-9,360
| -8% | -$1.03M |
|