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 | |
|---|---|---|---|---|---|---|
926
Cousins Properties
CUZ
$4.88B
| $7.78M | 0.01% |
263,711
+13,006
| +5% | +$384K |
|
927
Gentex
GNTX
$6.19B
| $7.76M | 0.01% |
333,060
-18,999
| -5% | -$443K |
|
928
Hancock Whitney
HWC
$5.33B
| $7.73M | 0.01% |
147,378
+846
| +0.6% | +$44.4K |
|
929
Cognex
CGNX
$7.49B
| $7.68M | 0.01% |
257,604
+14,506
| +6% | +$433K |
|
930
Home BancShares
HOMB
$5.84B
| $7.64M | 0.01% |
270,359
-18,618
| -6% | -$526K |
|
931
Sonoco
SON
$4.55B
| $7.64M | 0.01% |
161,719
-1,985
| -1% | -$93.8K |
|
932
KB Home
KBH
$4.49B
| $7.63M | 0.01% |
131,299
-9,539
| -7% | -$554K |
|
933
Whirlpool
WHR
$5.24B
| $7.63M | 0.01% |
84,623
+262
| +0.3% | +$23.6K |
|
934
Revolution Medicines
RVMD
$7.65B
| $7.53M | 0.01% |
212,915
-55,374
| -21% | -$1.96M |
|
935
Kite Realty
KRG
$5.02B
| $7.53M | 0.01% |
336,541
-27,549
| -8% | -$616K |
|
936
BILL Holdings
BILL
$5.17B
| $7.52M | 0.01% |
163,885
-317
| -0.2% | -$14.5K |
|
937
FNB Corp
FNB
$5.88B
| $7.48M | 0.01% |
555,771
-14,942
| -3% | -$201K |
|
938
Lyft
LYFT
$7.63B
| $7.47M | 0.01% |
629,554
+7,817
| +1% | +$92.8K |
|
939
IonQ
IONQ
$13.1B
| $7.45M | 0.01% |
+337,463
| New | +$7.45M |
|
940
First Financial Bankshares
FFIN
$5.13B
| $7.43M | 0.01% |
206,859
-9,018
| -4% | -$324K |
|
941
United Bankshares
UBSI
$5.41B
| $7.42M | 0.01% |
214,077
-18,972
| -8% | -$658K |
|
942
Phillips Edison & Co
PECO
$4.49B
| $7.37M | 0.01% |
201,934
+4,233
| +2% | +$154K |
|
943
Weatherford International
WFRD
$4.45B
| $7.32M | 0.01% |
136,643
-388
| -0.3% | -$20.8K |
|
944
Aaon
AAON
$6.59B
| $7.29M | 0.01% |
93,316
-27,713
| -23% | -$2.17M |
|
945
Magnolia Oil & Gas
MGY
$4.34B
| $7.29M | 0.01% |
288,487
-23,594
| -8% | -$596K |
|
946
SL Green Realty
SLG
$4.32B
| $7.26M | 0.01% |
125,739
-1,420
| -1% | -$81.9K |
|
947
Columbia Banking Systems
COLB
$7.77B
| $7.25M | 0.01% |
290,780
+10,468
| +4% | +$261K |
|
948
Zurn Elkay Water Solutions
ZWS
$7.69B
| $7.24M | 0.01% |
219,589
-19,109
| -8% | -$630K |
|
949
Belden
BDC
$5.16B
| $7.22M | 0.01% |
72,037
+87
| +0.1% | +$8.72K |
|
950
CNO Financial Group
CNO
$3.82B
| $7.2M | 0.01% |
172,860
+10,281
| +6% | +$428K |
|