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 | |
|---|---|---|---|---|---|---|
|
AYX
1126
DELISTED
Alteryx, Inc.
AYX
| $6.53M | ﹤0.01% |
107,882
-11,088
| -9% | -$671K |
|
1127
Lufax Holding
LU
$2.61B
| $6.49M | ﹤0.01% |
288,276
-12,851
| -4% | -$289K |
|
1128
Texas Capital Bancshares
TCBI
$3.96B
| $6.4M | ﹤0.01% |
106,151
-11,203
| -10% | -$675K |
|
1129
Viasat
VSAT
$3.98B
| $6.39M | ﹤0.01% |
143,443
+909
| +0.6% | +$40.5K |
|
1130
Kodiak Sciences
KOD
$556M
| $6.38M | ﹤0.01% |
75,224
| – | – |
|
1131
Frontdoor
FTDR
$4.59B
| $6.34M | ﹤0.01% |
173,052
-18,139
| -9% | -$665K |
|
1132
Qfin Holdings, Inc. American Depositary Shares
QFIN
$3.81B
| $6.34M | ﹤0.01% |
276,515
-11,339
| -4% | -$260K |
|
1133
Cerence
CRNC
$399M
| $6.32M | ﹤0.01% |
82,452
-1,726
| -2% | -$132K |
|
1134
Enbridge
ENB
$105B
| $6.3M | ﹤0.01% |
161,307
| – | – |
|
|
QVCGA
1135
QVC Group, Inc. Series A Common Stock
QVCGA
$73.3M
| $6.29M | ﹤0.01% |
16,546
-506
| -3% | -$192K |
|
1136
White Mountains Insurance
WTM
$4.63B
| $6.28M | ﹤0.01% |
6,192
-701
| -10% | -$711K |
|
1137
Mercury Systems
MRCY
$4.13B
| $6.16M | ﹤0.01% |
111,892
-1,125
| -1% | -$61.9K |
|
1138
APi Group
APG
$14.5B
| $6.07M | ﹤0.01% |
353,286
+123,550
| +54% | +$2.12M |
|
1139
Cannae Holdings
CNNE
$1.09B
| $6.06M | ﹤0.01% |
172,438
-21,724
| -11% | -$764K |
|
1140
nCino
NCNO
$3.52B
| $5.94M | ﹤0.01% |
108,302
+6,998
| +7% | +$384K |
|
1141
New Oriental
EDU
$7.98B
| $5.93M | ﹤0.01% |
282,358
-44,559
| -14% | -$936K |
|
1142
Tilray
TLRY
$1.31B
| $5.82M | ﹤0.01% |
827,980
-59,386
| -7% | -$418K |
|
1143
3D Systems Corporation
DDD
$272M
| $5.67M | ﹤0.01% |
263,285
+16,654
| +7% | +$359K |
|
|
EQC
1144
DELISTED
Equity Commonwealth
EQC
| $5.67M | ﹤0.01% |
218,783
-42,231
| -16% | -$1.09M |
|
|
NVTA
1145
DELISTED
Invitae Corporation
NVTA
| $5.67M | ﹤0.01% |
371,059
-33,876
| -8% | -$517K |
|
1146
Iovance Biotherapeutics
IOVA
$901M
| $5.64M | ﹤0.01% |
295,415
| – | – |
|
1147
Vimeo
VMEO
$734M
| $5.64M | ﹤0.01% |
313,761
+24,102
| +8% | +$433K |
|
1148
Vir Biotechnology
VIR
$732M
| $5.61M | ﹤0.01% |
133,896
+12,674
| +10% | +$531K |
|
1149
PTC Therapeutics
PTCT
$4.55B
| $5.6M | ﹤0.01% |
140,654
| – | – |
|
1150
Veracyte
VCYT
$2.55B
| $5.5M | ﹤0.01% |
133,499
-4,057
| -3% | -$167K |
|