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 | |
|---|---|---|---|---|---|---|
1001
Ionis Pharmaceuticals
IONS
$10.3B
| $5.76M | ﹤0.01% |
191,004
-1,126
| -0.6% | -$34K |
|
1002
Moog
MOG.A
$6.07B
| $5.75M | ﹤0.01% |
33,167
+1,311
| +4% | +$227K |
|
1003
Travel + Leisure Co
TNL
$4.04B
| $5.73M | ﹤0.01% |
123,712
-35
| -0% | -$1.62K |
|
1004
SentinelOne
S
$6B
| $5.63M | ﹤0.01% |
309,545
+78
| +0% | +$1.42K |
|
1005
Ashland
ASH
$2.44B
| $5.53M | ﹤0.01% |
93,239
+37
| +0% | +$2.19K |
|
1006
Penske Automotive Group
PAG
$12.3B
| $5.51M | ﹤0.01% |
38,239
+477
| +1% | +$68.7K |
|
1007
GXO Logistics
GXO
$5.83B
| $5.46M | ﹤0.01% |
139,648
-2,592
| -2% | -$101K |
|
1008
Broadstone Net Lease
BNL
$3.51B
| $5.43M | ﹤0.01% |
318,910
+4,687
| +1% | +$79.9K |
|
1009
UiPath
PATH
$6.37B
| $5.43M | ﹤0.01% |
526,898
-182,720
| -26% | -$1.88M |
|
1010
Highwoods Properties
HIW
$3.44B
| $5.41M | ﹤0.01% |
182,614
-11,268
| -6% | -$334K |
|
1011
Vaxcyte
PCVX
$4.25B
| $5.39M | ﹤0.01% |
142,737
-45,304
| -24% | -$1.71M |
|
1012
Avient
AVNT
$3.39B
| $5.39M | ﹤0.01% |
144,965
-1,422
| -1% | -$52.8K |
|
1013
Installed Building Products
IBP
$7.22B
| $5.39M | ﹤0.01% |
31,409
-7,371
| -19% | -$1.26M |
|
1014
Valvoline
VVV
$5.05B
| $5.39M | ﹤0.01% |
154,699
-12,800
| -8% | -$446K |
|
1015
Silicon Laboratories
SLAB
$4.45B
| $5.38M | ﹤0.01% |
47,831
-89
| -0.2% | -$10K |
|
1016
GlobalFoundries
GFS
$17.8B
| $5.38M | ﹤0.01% |
145,666
+24,895
| +21% | +$919K |
|
1017
Brighthouse Financial
BHF
$2.79B
| $5.29M | ﹤0.01% |
91,194
+15,643
| +21% | +$907K |
|
1018
Iridium Communications
IRDM
$2.04B
| $5.28M | ﹤0.01% |
193,113
+6,279
| +3% | +$172K |
|
1019
Power Integrations
POWI
$2.51B
| $5.26M | ﹤0.01% |
104,209
+2,811
| +3% | +$142K |
|
1020
Nomad Foods
NOMD
$2.13B
| $5.26M | ﹤0.01% |
267,583
+3,596
| +1% | +$70.7K |
|
1021
Insperity
NSP
$2.01B
| $5.25M | ﹤0.01% |
58,837
-1,622
| -3% | -$145K |
|
1022
Autohome
ATHM
$3.48B
| $5.24M | ﹤0.01% |
189,179
+51,737
| +38% | +$1.43M |
|
1023
Macy's
M
$4.61B
| $5.24M | ﹤0.01% |
417,475
-34,879
| -8% | -$438K |
|
1024
Community Bank
CBU
$3.13B
| $5.23M | ﹤0.01% |
92,011
+831
| +0.9% | +$47.3K |
|
1025
Shake Shack
SHAK
$3.96B
| $5.21M | ﹤0.01% |
59,132
+12,182
| +26% | +$1.07M |
|