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 | |
|---|---|---|---|---|---|---|
926
Perrigo
PRGO
$3.07B
| $11.2M | 0.01% |
287,082
-12,006
| -4% | -$467K |
|
927
Leggett & Platt
LEG
$1.38B
| $11.1M | 0.01% |
270,121
-28,327
| -9% | -$1.17M |
|
928
MasTec
MTZ
$13.9B
| $11.1M | 0.01% |
120,374
-9,409
| -7% | -$868K |
|
929
Ryman Hospitality Properties
RHP
$6.33B
| $11.1M | 0.01% |
120,573
| – | – |
|
930
Enovis
ENOV
$1.79B
| $11.1M | 0.01% |
140,106
-11,725
| -8% | -$928K |
|
931
NOV
NOV
$4.92B
| $11M | 0.01% |
815,052
-54,877
| -6% | -$744K |
|
932
Selective Insurance
SIGI
$4.85B
| $11M | 0.01% |
134,249
| – | – |
|
933
Ultragenyx Pharmaceutical
RARE
$3.04B
| $11M | 0.01% |
130,756
| – | – |
|
934
NCR Voyix
VYX
$1.81B
| $11M | 0.01% |
444,151
-39,263
| -8% | -$968K |
|
935
TD Synnex
SNX
$12.4B
| $11M | 0.01% |
95,751
-2,000
| -2% | -$229K |
|
936
Southern Copper
SCCO
$84B
| $10.9M | 0.01% |
185,943
-10,967
| -6% | -$644K |
|
937
Fox Class B
FOX
$25.3B
| $10.9M | 0.01% |
317,789
-23,752
| -7% | -$814K |
|
|
CDK
938
DELISTED
CDK Global, Inc.
CDK
| $10.9M | 0.01% |
260,809
-14,636
| -5% | -$611K |
|
939
Flowers Foods
FLO
$3.15B
| $10.9M | 0.01% |
395,757
-29,245
| -7% | -$803K |
|
940
Texas Pacific Land
TPL
$21B
| $10.9M | 0.01% |
26,100
+7,689
| +42% | +$3.2M |
|
941
Vontier
VNT
$6.36B
| $10.9M | 0.01% |
353,192
-20,517
| -5% | -$631K |
|
942
Diodes
DIOD
$2.47B
| $10.8M | 0.01% |
98,298
| – | – |
|
943
Iridium Communications
IRDM
$2.27B
| $10.8M | 0.01% |
261,310
-5,004
| -2% | -$207K |
|
944
Webster Financial
WBS
$10.3B
| $10.7M | 0.01% |
192,049
-9,256
| -5% | -$517K |
|
945
HF Sinclair
DINO
$9.56B
| $10.7M | 0.01% |
326,959
-16,002
| -5% | -$525K |
|
|
JBTM
946
JBT Marel Corporation
JBTM
$7.37B
| $10.7M | 0.01% |
69,747
-234
| -0.3% | -$35.9K |
|
947
ICU Medical
ICUI
$3.22B
| $10.7M | 0.01% |
45,085
+88
| +0.2% | +$20.9K |
|
948
Travel + Leisure Co
TNL
$4.1B
| $10.7M | 0.01% |
193,595
+528
| +0.3% | +$29.2K |
|
949
Neogen
NEOG
$1.23B
| $10.7M | 0.01% |
234,648
+4,165
| +2% | +$189K |
|
950
Agree Realty
ADC
$8.04B
| $10.7M | 0.01% |
149,249
-1,887
| -1% | -$135K |
|