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 | |
|---|---|---|---|---|---|---|
1001
Sensient Technologies
SXT
$4.79B
| $9.5M | 0.01% |
94,977
| – | – |
|
1002
PotlatchDeltic
PCH
$3.31B
| $9.5M | 0.01% |
157,750
-533
| -0.3% | -$32.1K |
|
1003
Timken Company
TKR
$5.42B
| $9.42M | 0.01% |
136,003
-10,006
| -7% | -$693K |
|
1004
Fate Therapeutics
FATE
$116M
| $9.42M | 0.01% |
160,945
-20,502
| -11% | -$1.2M |
|
1005
TEGNA Inc
TGNA
$3.38B
| $9.39M | 0.01% |
505,942
-14,691
| -3% | -$273K |
|
1006
Lazard
LAZ
$5.32B
| $9.37M | 0.01% |
214,686
-15,525
| -7% | -$677K |
|
1007
Howard Hughes
HHH
$4.69B
| $9.35M | 0.01% |
96,393
-182
| -0.2% | -$17.7K |
|
|
ENV
1008
DELISTED
ENVESTNET, INC.
ENV
| $9.3M | 0.01% |
117,247
-3,784
| -3% | -$300K |
|
1009
Carter's
CRI
$1.05B
| $9.28M | 0.01% |
91,648
-8,267
| -8% | -$837K |
|
1010
Park Hotels & Resorts
PK
$2.4B
| $9.22M | 0.01% |
488,242
-40,350
| -8% | -$762K |
|
1011
H&R Block
HRB
$6.85B
| $9.19M | 0.01% |
390,187
-39,090
| -9% | -$921K |
|
1012
Spectrum Brands
SPB
$1.38B
| $9.16M | 0.01% |
90,016
-7,146
| -7% | -$727K |
|
|
TRTN
1013
DELISTED
Triton International Limited
TRTN
| $9.12M | 0.01% |
151,490
-1,839
| -1% | -$111K |
|
|
AQUA
1014
DELISTED
Evoqua Water Technologies Corp. Common Stock
AQUA
| $9.12M | 0.01% |
195,106
+27,384
| +16% | +$1.28M |
|
1015
Hillenbrand
HI
$1.85B
| $9.12M | 0.01% |
175,363
-1,624
| -0.9% | -$84.4K |
|
|
LHCG
1016
DELISTED
LHC Group LLC
LHCG
| $9.11M | 0.01% |
66,378
-2,334
| -3% | -$320K |
|
1017
Hannon Armstrong Sustainable Infrastructure Capital
HASI
$3.51B
| $9.1M | 0.01% |
171,279
| – | – |
|
1018
Brighthouse Financial
BHF
$2.48B
| $9.07M | 0.01% |
175,183
-15,284
| -8% | -$792K |
|
1019
Taylor Morrison
TMHC
$7.1B
| $9.07M | 0.01% |
259,404
-22,962
| -8% | -$803K |
|
1020
Maravai LifeSciences
MRVI
$363M
| $9.04M | 0.01% |
215,836
+107,131
| +99% | +$4.49M |
|
1021
ONE Gas
OGS
$4.56B
| $9.04M | 0.01% |
116,494
| – | – |
|
1022
Denali Therapeutics
DNLI
$2.26B
| $9.02M | 0.01% |
202,177
+803
| +0.4% | +$35.8K |
|
1023
JetBlue
JBLU
$1.85B
| $9.01M | 0.01% |
632,861
-2,252
| -0.4% | -$32.1K |
|
1024
Southwest Gas
SWX
$5.66B
| $8.99M | 0.01% |
128,380
-1,429
| -1% | -$100K |
|
1025
Victoria's Secret
VSCO
$2.1B
| $8.94M | 0.01% |
161,027
-14,181
| -8% | -$788K |
|