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 | |
|---|---|---|---|---|---|---|
976
Abercrombie & Fitch
ANF
$4.48B
| $6.6M | ﹤0.01% |
86,417
-4,045
| -4% | -$309K |
|
977
Franklin Resources
BEN
$12.8B
| $6.44M | ﹤0.01% |
334,592
-14,498
| -4% | -$279K |
|
978
Air Lease Corp
AL
$7.12B
| $6.35M | ﹤0.01% |
131,487
+345
| +0.3% | +$16.7K |
|
979
PotlatchDeltic
PCH
$3.22B
| $6.35M | ﹤0.01% |
140,631
-6,429
| -4% | -$290K |
|
980
EnerSys
ENS
$3.92B
| $6.34M | ﹤0.01% |
69,204
-3,041
| -4% | -$278K |
|
981
Boise Cascade
BCC
$3.32B
| $6.33M | ﹤0.01% |
64,552
-49
| -0.1% | -$4.81K |
|
982
Frontdoor
FTDR
$4.75B
| $6.33M | ﹤0.01% |
164,637
+24,643
| +18% | +$947K |
|
983
Brunswick
BC
$4.27B
| $6.31M | ﹤0.01% |
117,146
-3,820
| -3% | -$206K |
|
984
Organon & Co
OGN
$2.7B
| $6.28M | ﹤0.01% |
421,492
+5,720
| +1% | +$85.2K |
|
985
SM Energy
SM
$3B
| $6.22M | ﹤0.01% |
207,815
-647
| -0.3% | -$19.4K |
|
986
Workiva
WK
$4.32B
| $6.21M | ﹤0.01% |
81,855
-114,004
| -58% | -$8.65M |
|
987
MSC Industrial Direct
MSM
$5.17B
| $6.21M | ﹤0.01% |
79,961
-53
| -0.1% | -$4.12K |
|
988
Bruker
BRKR
$4.73B
| $6.21M | ﹤0.01% |
148,710
-4,871
| -3% | -$203K |
|
989
Inspire Medical Systems
INSP
$2.47B
| $6.14M | ﹤0.01% |
38,532
-36
| -0.1% | -$5.73K |
|
990
Choice Hotels
CHH
$5.31B
| $6.03M | ﹤0.01% |
45,404
-711
| -2% | -$94.4K |
|
991
PVH
PVH
$4.07B
| $6.01M | ﹤0.01% |
93,051
-5,220
| -5% | -$337K |
|
992
WD-40
WDFC
$2.94B
| $5.99M | ﹤0.01% |
24,537
-949
| -4% | -$232K |
|
993
Ormat Technologies
ORA
$5.46B
| $5.92M | ﹤0.01% |
83,674
+16,495
| +25% | +$1.17M |
|
994
ServisFirst Bancshares
SFBS
$4.72B
| $5.91M | ﹤0.01% |
71,577
+231
| +0.3% | +$19.1K |
|
995
Civitas Resources
CIVI
$3.01B
| $5.89M | ﹤0.01% |
168,919
+5,758
| +4% | +$201K |
|
996
Westlake Corp
WLK
$11B
| $5.88M | ﹤0.01% |
58,830
-704
| -1% | -$70.4K |
|
997
Spirit AeroSystems
SPR
$4.82B
| $5.86M | ﹤0.01% |
169,999
-9,028
| -5% | -$311K |
|
998
Sensata Technologies
ST
$4.66B
| $5.83M | ﹤0.01% |
240,192
-7,392
| -3% | -$179K |
|
999
Advanced Energy
AEIS
$5.84B
| $5.81M | ﹤0.01% |
60,965
+8,585
| +16% | +$818K |
|
1000
Texas Capital Bancshares
TCBI
$3.99B
| $5.77M | ﹤0.01% |
77,261
-763
| -1% | -$57K |
|