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 | |
|---|---|---|---|---|---|---|
|
RDFN
1076
DELISTED
Redfin
RDFN
| $7.77M | 0.01% |
202,391
-4,531
| -2% | -$174K |
|
1077
Allete
ALE
$3.69B
| $7.73M | 0.01% |
116,539
+1,079
| +0.9% | +$71.6K |
|
1078
Under Armour Class C
UA
$2.13B
| $7.71M | 0.01% |
427,170
-24,822
| -5% | -$448K |
|
1079
Zai Lab
ZLAB
$3.42B
| $7.66M | 0.01% |
121,881
-5,800
| -5% | -$365K |
|
1080
Home BancShares
HOMB
$5.88B
| $7.66M | 0.01% |
314,414
-20,367
| -6% | -$496K |
|
1081
EnerSys
ENS
$3.89B
| $7.59M | 0.01% |
95,968
| – | – |
|
1082
Vipshop
VIPS
$8.45B
| $7.58M | 0.01% |
902,393
-1,252,280
| -58% | -$10.5M |
|
|
JBGS
1083
JBG SMITH
JBGS
$1.4B
| $7.57M | 0.01% |
263,739
-18,288
| -6% | -$525K |
|
1084
Hain Celestial
HAIN
$164M
| $7.57M | 0.01% |
177,625
-13,032
| -7% | -$555K |
|
1085
Sonos
SONO
$1.78B
| $7.55M | 0.01% |
253,316
-24,208
| -9% | -$721K |
|
1086
HealthEquity
HQY
$7.88B
| $7.53M | 0.01% |
170,242
-11,254
| -6% | -$498K |
|
1087
KB Home
KBH
$4.63B
| $7.53M | 0.01% |
168,262
-29,294
| -15% | -$1.31M |
|
1088
Zillow
ZG
$20.5B
| $7.52M | 0.01% |
120,789
-3,547
| -3% | -$221K |
|
|
AJRD
1089
DELISTED
Aerojet Rocketdyne Holdings, Inc.
AJRD
| $7.49M | 0.01% |
160,252
-6,435
| -4% | -$301K |
|
1090
WD-40
WDFC
$2.95B
| $7.47M | 0.01% |
30,515
| – | – |
|
1091
Bank of Hawaii
BOH
$2.72B
| $7.46M | 0.01% |
89,049
| – | – |
|
|
GAP
1092
The Gap, Inc.
GAP
$8.83B
| $7.45M | 0.01% |
422,019
-41,174
| -9% | -$727K |
|
1093
Bread Financial
BFH
$3.09B
| $7.45M | 0.01% |
111,830
-31,664
| -22% | -$2.11M |
|
1094
Ollie's Bargain Outlet
OLLI
$8.18B
| $7.44M | 0.01% |
145,378
-756
| -0.5% | -$38.7K |
|
1095
Spire
SR
$4.46B
| $7.42M | 0.01% |
113,760
-113
| -0.1% | -$7.37K |
|
|
AIMC
1096
DELISTED
Altra Industrial Motion Corp.
AIMC
| $7.41M | 0.01% |
143,739
| – | – |
|
1097
Verint Systems
VRNT
$1.23B
| $7.39M | ﹤0.01% |
140,751
-10,704
| -7% | -$562K |
|
1098
Kirby Corp
KEX
$4.97B
| $7.38M | ﹤0.01% |
124,128
-9,863
| -7% | -$586K |
|
1099
Twist Bioscience
TWST
$1.55B
| $7.33M | ﹤0.01% |
94,743
-9,844
| -9% | -$762K |
|
|
IMAB
1100
I-MAB
IMAB
$358M
| $7.25M | ﹤0.01% |
152,902
+96,859
| +173% | +$4.59M |
|