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 | |
|---|---|---|---|---|---|---|
1101
Altice USA
ATUS
$1.05B
| $7.17M | ﹤0.01% |
443,149
-50,723
| -10% | -$821K |
|
1102
Alkermes
ALKS
$4.94B
| $7.09M | ﹤0.01% |
304,982
+52,967
| +21% | +$1.23M |
|
1103
Meritage Homes
MTH
$5.89B
| $7.07M | ﹤0.01% |
115,834
+27,382
| +31% | +$1.67M |
|
1104
Unifirst Corp
UNF
$3.3B
| $7.06M | ﹤0.01% |
33,544
| – | – |
|
1105
Cracker Barrel
CBRL
$1.18B
| $7.02M | ﹤0.01% |
54,604
| – | – |
|
1106
LiveRamp
RAMP
$1.86B
| $7.02M | ﹤0.01% |
146,352
| – | – |
|
1107
Quaker Houghton
KWR
$2.51B
| $7M | ﹤0.01% |
30,330
| – | – |
|
|
MBT
1108
DELISTED
Mobile TeleSystems Public Joint Stock Company American Depositary Shares (Each representing 2 Shares
MBT
| $6.98M | ﹤0.01% |
877,543
-42,430
| -5% | -$337K |
|
1109
Brink's
BCO
$4.78B
| $6.97M | ﹤0.01% |
106,228
-4,207
| -4% | -$276K |
|
1110
Fastly
FSLY
$1.1B
| $6.94M | ﹤0.01% |
195,817
-18,345
| -9% | -$650K |
|
1111
CNO Financial Group
CNO
$3.85B
| $6.94M | ﹤0.01% |
290,897
-3,604
| -1% | -$85.9K |
|
1112
Beyond Meat
BYND
$189M
| $6.93M | ﹤0.01% |
106,321
-10,262
| -9% | -$669K |
|
|
MZTI
1113
The Marzetti Company Common Stock
MZTI
$5.08B
| $6.89M | ﹤0.01% |
41,620
-352
| -0.8% | -$58.3K |
|
1114
StoneCo
STNE
$4.63B
| $6.86M | ﹤0.01% |
406,913
-40,963
| -9% | -$691K |
|
1115
Fiverr
FVRR
$875M
| $6.85M | ﹤0.01% |
60,222
-7,357
| -11% | -$836K |
|
1116
Itron
ITRI
$5.51B
| $6.83M | ﹤0.01% |
99,718
| – | – |
|
1117
Xerox
XRX
$493M
| $6.79M | ﹤0.01% |
299,701
-44,323
| -13% | -$1M |
|
|
OSH
1118
DELISTED
Oak Street Health, Inc.
OSH
| $6.78M | ﹤0.01% |
204,631
-5,506
| -3% | -$182K |
|
1119
Sabra Healthcare REIT
SBRA
$4.56B
| $6.71M | ﹤0.01% |
495,744
-2,896
| -0.6% | -$39.2K |
|
1120
Madison Square Garden
MSGS
$4.71B
| $6.7M | ﹤0.01% |
38,571
| – | – |
|
1121
Visteon
VC
$3.41B
| $6.69M | ﹤0.01% |
60,165
-1,656
| -3% | -$184K |
|
|
DNB
1122
DELISTED
Dun & Bradstreet
DNB
| $6.64M | ﹤0.01% |
324,279
-35,790
| -10% | -$733K |
|
1123
Adaptive Biotechnologies
ADPT
$1.96B
| $6.64M | ﹤0.01% |
236,456
+17,187
| +8% | +$482K |
|
1124
Ormat Technologies
ORA
$5.51B
| $6.61M | ﹤0.01% |
83,327
-9,233
| -10% | -$732K |
|
1125
Insmed
INSM
$30.7B
| $6.57M | ﹤0.01% |
241,081
+2,142
| +0.9% | +$58.3K |
|