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 | |
|---|---|---|---|---|---|---|
1051
Resideo Technologies
REZI
$5.32B
| $8.34M | 0.01% |
320,428
| – | – |
|
1052
Bankunited
BKU
$2.93B
| $8.34M | 0.01% |
197,028
-20,191
| -9% | -$854K |
|
1053
Allison Transmission
ALSN
$7.53B
| $8.34M | 0.01% |
229,288
-19,620
| -8% | -$713K |
|
1054
Flowserve
FLS
$7.22B
| $8.34M | 0.01% |
272,388
-23,444
| -8% | -$717K |
|
1055
Upwork
UPWK
$2.15B
| $8.33M | 0.01% |
243,741
-19,311
| -7% | -$660K |
|
1056
Kyndryl
KD
$7.57B
| $8.3M | 0.01% |
+458,502
| New | +$8.3M |
|
1057
FNB Corp
FNB
$5.92B
| $8.27M | 0.01% |
681,921
-59,603
| -8% | -$723K |
|
|
HPP
1058
Hudson Pacific Properties
HPP
$1.16B
| $8.23M | 0.01% |
332,985
-1,494
| -0.4% | -$36.9K |
|
1059
American Eagle Outfitters
AEO
$3.26B
| $8.22M | 0.01% |
324,546
-33,579
| -9% | -$850K |
|
1060
Sprout Social
SPT
$891M
| $8.2M | 0.01% |
90,394
+15,263
| +20% | +$1.38M |
|
1061
Grand Canyon Education
LOPE
$5.74B
| $8.18M | 0.01% |
95,454
-6,929
| -7% | -$594K |
|
1062
Nomad Foods
NOMD
$2.21B
| $8.16M | 0.01% |
321,174
-4,377
| -1% | -$111K |
|
1063
Kemper
KMPR
$3.39B
| $8.13M | 0.01% |
138,322
-291
| -0.2% | -$17.1K |
|
|
TXNM
1064
TXNM Energy, Inc.
TXNM
$5.99B
| $8.1M | 0.01% |
177,554
-10,690
| -6% | -$488K |
|
1065
Advanced Energy
AEIS
$5.8B
| $8.07M | 0.01% |
88,627
| – | – |
|
1066
Chegg
CHGG
$185M
| $8.03M | 0.01% |
261,455
-24,557
| -9% | -$754K |
|
1067
First Hawaiian
FHB
$3.21B
| $8.03M | 0.01% |
293,718
| – | – |
|
1068
Under Armour
UAA
$2.2B
| $7.93M | 0.01% |
374,371
-70,519
| -16% | -$1.49M |
|
|
DOC
1069
DELISTED
PHYSICIANS REALTY TRUST
DOC
| $7.93M | 0.01% |
421,190
-66,397
| -14% | -$1.25M |
|
1070
Freshpet
FRPT
$2.7B
| $7.92M | 0.01% |
83,119
| – | – |
|
|
DISCA
1071
DELISTED
Discovery, Inc. Series A Common Stock
DISCA
| $7.89M | 0.01% |
335,240
-36,100
| -10% | -$850K |
|
1072
Beam Therapeutics
BEAM
$2.11B
| $7.87M | 0.01% |
98,766
-12,433
| -11% | -$991K |
|
1073
Pacific Biosciences
PACB
$381M
| $7.87M | 0.01% |
384,541
-54,772
| -12% | -$1.12M |
|
1074
FormFactor
FORM
$2.26B
| $7.87M | 0.01% |
172,019
-4,655
| -3% | -$213K |
|
1075
NeoGenomics
NEO
$1.03B
| $7.8M | 0.01% |
228,506
-20,537
| -8% | -$701K |
|