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 | |
|---|---|---|---|---|---|---|
876
Hanesbrands
HBI
$2.28B
| $12.4M | 0.01% |
740,974
-56,829
| -7% | -$950K |
|
877
BlackLine
BL
$3.37B
| $12.4M | 0.01% |
119,436
+367
| +0.3% | +$38K |
|
|
MRTX
878
DELISTED
Mirati Therapeutics, Inc. Common Stock
MRTX
| $12.3M | 0.01% |
83,874
+2,815
| +3% | +$413K |
|
879
Workiva
WK
$4.56B
| $12.3M | 0.01% |
94,268
-499
| -0.5% | -$65.1K |
|
880
Asana
ASAN
$3.25B
| $12.3M | 0.01% |
164,957
+35,727
| +28% | +$2.66M |
|
881
Glacier Bancorp
GBCI
$5.88B
| $12.3M | 0.01% |
216,827
+2,468
| +1% | +$140K |
|
|
SRC
882
DELISTED
SPIRIT REALTY CAPITAL, INC.
SRC
| $12.3M | 0.01% |
254,750
-9,935
| -4% | -$479K |
|
|
SRCL
883
DELISTED
Stericycle Inc
SRCL
| $12.3M | 0.01% |
205,587
-3,260
| -2% | -$194K |
|
|
BCPC
884
Balchem Corporation
BCPC
$5.26B
| $12.2M | 0.01% |
72,552
+834
| +1% | +$141K |
|
|
TMX
885
DELISTED
Terminix Global Holdings, Inc.
TMX
| $12.2M | 0.01% |
269,176
-20,066
| -7% | -$908K |
|
886
Evercore
EVR
$12.3B
| $12.2M | 0.01% |
89,473
-6,772
| -7% | -$920K |
|
887
Skechers
SKX
$9.5B
| $12.2M | 0.01% |
279,949
-20,590
| -7% | -$894K |
|
888
Douglas Emmett
DEI
$2.83B
| $12.1M | 0.01% |
362,052
-20,710
| -5% | -$694K |
|
889
Valley National Bancorp
VLY
$6.02B
| $12.1M | 0.01% |
879,924
-56,883
| -6% | -$782K |
|
890
Houlihan Lokey
HLI
$14B
| $12.1M | 0.01% |
116,697
-2,265
| -2% | -$234K |
|
891
Choice Hotels
CHH
$5.31B
| $12.1M | 0.01% |
77,315
-1,081
| -1% | -$169K |
|
892
Exelixis
EXEL
$10.1B
| $12M | 0.01% |
656,870
-37,747
| -5% | -$690K |
|
893
Globus Medical
GMED
$8.18B
| $12M | 0.01% |
166,309
-6,872
| -4% | -$496K |
|
894
Valmont Industries
VMI
$7.49B
| $12M | 0.01% |
47,934
-572
| -1% | -$143K |
|
|
CCMP
895
DELISTED
CMC Materials, Inc. Common Stock
CCMP
| $12M | 0.01% |
62,612
-3,245
| -5% | -$622K |
|
896
Element Solutions
ESI
$6.33B
| $12M | 0.01% |
494,225
-38,029
| -7% | -$923K |
|
897
OneMain Financial
OMF
$7.27B
| $12M | 0.01% |
239,409
+21,422
| +10% | +$1.07M |
|
898
Chemours
CC
$2.43B
| $12M | 0.01% |
356,402
-24,748
| -6% | -$831K |
|
899
Power Integrations
POWI
$2.52B
| $11.9M | 0.01% |
128,580
-6,636
| -5% | -$616K |
|
|
PACW
900
DELISTED
PacWest Bancorp
PACW
| $11.9M | 0.01% |
264,285
+974
| +0.4% | +$44K |
|