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 | |
|---|---|---|---|---|---|---|
1026
Academy Sports + Outdoors
ASO
$3.25B
| $5.2M | ﹤0.01% |
114,118
-2,061
| -2% | -$94K |
|
1027
Cytokinetics
CYTK
$6.16B
| $5.17M | ﹤0.01% |
128,691
-6,782
| -5% | -$273K |
|
1028
Sensient Technologies
SXT
$4.73B
| $5.17M | ﹤0.01% |
69,460
+114
| +0.2% | +$8.49K |
|
1029
First Hawaiian
FHB
$3.2B
| $5.16M | ﹤0.01% |
211,017
-183
| -0.1% | -$4.47K |
|
1030
Credit Acceptance
CACC
$5.83B
| $5.13M | ﹤0.01% |
9,944
+106
| +1% | +$54.7K |
|
1031
National Storage Affiliates Trust
NSA
$2.44B
| $5.12M | ﹤0.01% |
129,851
-3,334
| -3% | -$131K |
|
1032
Freshpet
FRPT
$2.78B
| $5.11M | ﹤0.01% |
61,429
-1,829
| -3% | -$152K |
|
1033
Unifirst Corp
UNF
$3.21B
| $5.09M | ﹤0.01% |
29,270
-2,800
| -9% | -$487K |
|
1034
Ultragenyx Pharmaceutical
RARE
$3.04B
| $5.09M | ﹤0.01% |
140,446
+9,102
| +7% | +$330K |
|
1035
DXC Technology
DXC
$2.58B
| $5.08M | ﹤0.01% |
298,231
-14,123
| -5% | -$241K |
|
|
UCB
1036
United Community Banks, Inc.
UCB
$3.96B
| $5.07M | ﹤0.01% |
180,232
-244
| -0.1% | -$6.86K |
|
1037
Envista
NVST
$3.46B
| $5.05M | ﹤0.01% |
292,690
+4,144
| +1% | +$71.5K |
|
|
MRP
1038
Millrose Properties, Inc.
MRP
$5.81B
| $4.98M | ﹤0.01% |
+187,894
| New | +$4.98M |
|
1039
Modine Manufacturing
MOD
$7.27B
| $4.87M | ﹤0.01% |
63,458
-22,232
| -26% | -$1.71M |
|
1040
Hannon Armstrong Sustainable Infrastructure Capital
HASI
$3.43B
| $4.86M | ﹤0.01% |
166,352
-49,047
| -23% | -$1.43M |
|
1041
Lumentum
LITE
$10.6B
| $4.86M | ﹤0.01% |
77,949
-25,432
| -25% | -$1.59M |
|
1042
Five Below
FIVE
$7.88B
| $4.83M | ﹤0.01% |
64,455
-18,823
| -23% | -$1.41M |
|
1043
BlackLine
BL
$3.38B
| $4.82M | ﹤0.01% |
99,484
-5,080
| -5% | -$246K |
|
1044
ASGN Inc
ASGN
$2.29B
| $4.82M | ﹤0.01% |
76,424
-3,431
| -4% | -$216K |
|
1045
Noble Corp
NE
$4.75B
| $4.73M | ﹤0.01% |
199,612
+34,412
| +21% | +$816K |
|
1046
ICU Medical
ICUI
$3.22B
| $4.72M | ﹤0.01% |
34,022
+148
| +0.4% | +$20.6K |
|
1047
Dentsply Sirona
XRAY
$2.77B
| $4.71M | ﹤0.01% |
315,001
+61,914
| +24% | +$925K |
|
1048
Yeti Holdings
YETI
$2.89B
| $4.65M | ﹤0.01% |
140,562
+1,922
| +1% | +$63.6K |
|
1049
Blackstone Mortgage Trust
BXMT
$3.41B
| $4.62M | ﹤0.01% |
231,127
+389
| +0.2% | +$7.78K |
|
1050
Harley-Davidson
HOG
$3.77B
| $4.6M | ﹤0.01% |
182,243
-15,932
| -8% | -$402K |
|