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 | |
|---|---|---|---|---|---|---|
1026
New Jersey Resources
NJR
$4.72B
| $8.94M | 0.01% |
217,618
+1,096
| +0.5% | +$45K |
|
|
UMPQ
1027
DELISTED
Umpqua Holdings Corp
UMPQ
| $8.93M | 0.01% |
464,132
-34,774
| -7% | -$669K |
|
1028
CONMED
CNMD
$1.7B
| $8.92M | 0.01% |
62,923
-1,411
| -2% | -$200K |
|
1029
Alarm.com
ALRM
$2.84B
| $8.89M | 0.01% |
104,764
| – | – |
|
|
CHX
1030
DELISTED
ChampionX
CHX
| $8.88M | 0.01% |
439,253
-9,880
| -2% | -$200K |
|
1031
Avnet
AVT
$4.49B
| $8.87M | 0.01% |
215,170
-14,651
| -6% | -$604K |
|
1032
Community Bank
CBU
$3.17B
| $8.83M | 0.01% |
118,569
-568
| -0.5% | -$42.3K |
|
|
SAIL
1033
DELISTED
SailPoint Technologies Holdings, Inc. Common Stock
SAIL
| $8.79M | 0.01% |
181,885
-18,873
| -9% | -$912K |
|
1034
Q2 Holdings
QTWO
$4.92B
| $8.73M | 0.01% |
109,871
| – | – |
|
1035
MSC Industrial Direct
MSM
$5.14B
| $8.67M | 0.01% |
103,112
-880
| -0.8% | -$74K |
|
1036
Ionis Pharmaceuticals
IONS
$9.76B
| $8.66M | 0.01% |
284,424
-3,704
| -1% | -$113K |
|
1037
Blackbaud
BLKB
$3.23B
| $8.65M | 0.01% |
109,501
| – | – |
|
1038
National Storage Affiliates Trust
NSA
$2.56B
| $8.62M | 0.01% |
124,518
+23,792
| +24% | +$1.65M |
|
1039
Wendy's
WEN
$1.97B
| $8.61M | 0.01% |
361,009
-39,182
| -10% | -$934K |
|
1040
LCI Industries
LCII
$2.57B
| $8.57M | 0.01% |
54,992
-62
| -0.1% | -$9.66K |
|
1041
ACI Worldwide
ACIW
$5.19B
| $8.55M | 0.01% |
246,323
-19,858
| -7% | -$689K |
|
1042
TriNet
TNET
$3.43B
| $8.54M | 0.01% |
89,646
-3,026
| -3% | -$288K |
|
1043
National Vision
EYE
$1.86B
| $8.49M | 0.01% |
176,819
-4,111
| -2% | -$197K |
|
1044
Foot Locker
FL
$2.29B
| $8.48M | 0.01% |
194,378
-17,563
| -8% | -$766K |
|
1045
Viavi Solutions
VIAV
$2.6B
| $8.45M | 0.01% |
479,380
-34,824
| -7% | -$614K |
|
|
LSXMA
1046
DELISTED
Liberty Media Corporation Series A Liberty SiriusXM Common Stock
LSXMA
| $8.42M | 0.01% |
225,443
-13,494
| -6% | -$504K |
|
|
MNDT
1047
DELISTED
Mandiant, Inc. Common Stock
MNDT
| $8.42M | 0.01% |
480,004
-44,294
| -8% | -$777K |
|
1048
Spirit AeroSystems
SPR
$4.8B
| $8.41M | 0.01% |
195,174
-37,581
| -16% | -$1.62M |
|
1049
Radian Group
RDN
$4.79B
| $8.35M | 0.01% |
395,219
-44,650
| -10% | -$943K |
|
1050
GATX Corp
GATX
$5.97B
| $8.35M | 0.01% |
80,103
| – | – |
|