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 |
Gilead Sciences
GILD
|
+$475M |
| 2 |
Vertex Pharmaceuticals
VRTX
|
+$463M |
| 3 |
Regeneron Pharmaceuticals
REGN
|
+$408M |
| 4 |
Adobe
ADBE
|
+$333M |
| 5 |
T-Mobile US
TMUS
|
+$205M |
Top Sells
| 1 |
Apple
AAPL
|
+$372M |
| 2 |
Alphabet (Google) Class A
GOOGL
|
+$146M |
| 3 |
Sysco
SYY
|
+$144M |
| 4 |
AGN
Allergan plc
AGN
|
+$134M |
| 5 |
Welltower
WELL
|
+$124M |
Sector Composition
| 1 | Technology | 20.98% |
| 2 | Healthcare | 14.54% |
| 3 | Financials | 12.83% |
| 4 | Consumer Discretionary | 10.65% |
| 5 | Consumer Staples | 8.81% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
351
Archer Daniels Midland
ADM
$29.5B
| $49.8M | 0.05% |
1,247,614
+89,968
| +8% | +$3.59M |
|
|
LSXMK
352
DELISTED
Liberty Media Corporation Series C Liberty SiriusXM Common Stock
LSXMK
| $49.7M | 0.05% |
1,862,324
+121,825
| +7% | +$3.25M |
|
353
RingCentral
RNG
$2.77B
| $48.9M | 0.05% |
171,401
+3,606
| +2% | +$1.03M |
|
|
354
Welltower
WELL
$112B
| $48.7M | 0.05% |
940,643
-2,390,345
| -72% | -$124M |
|
355
Simon Property Group
SPG
$58.5B
| $48.4M | 0.05% |
707,343
-383,734
| -35% | -$26.2M |
|
356
Skyworks Solutions
SWKS
$10.9B
| $48.3M | 0.05% |
377,480
-6,792
| -2% | -$868K |
|
357
Assurant
AIZ
$10.6B
| $48.2M | 0.05% |
467,069
+19,522
| +4% | +$2.02M |
|
358
Stanley Black & Decker
SWK
$11.9B
| $48.2M | 0.05% |
346,100
+2,526
| +0.7% | +$352K |
|
359
Kraft Heinz
KHC
$31.5B
| $47.9M | 0.05% |
1,502,184
+86,845
| +6% | +$2.77M |
|
360
Align Technology
ALGN
$9.64B
| $47.9M | 0.05% |
174,544
+13,266
| +8% | +$3.64M |
|
361
Trane Technologies
TT
$92.9B
| $47.6M | 0.05% |
535,454
-3,981
| -0.7% | -$354K |
|
362
Sea Limited
SE
$114B
| $46.8M | 0.05% |
436,349
+277,528
| +175% | +$29.8M |
|
|
TWTR
363
DELISTED
Twitter, Inc.
TWTR
| $46.8M | 0.05% |
1,569,576
-135,072
| -8% | -$4.02M |
|
364
Best Buy
BBY
$16.1B
| $46.4M | 0.05% |
531,808
+20,489
| +4% | +$1.79M |
|
|
SGEN
365
DELISTED
Seagen Inc. Common Stock
SGEN
| $46.2M | 0.05% |
271,962
+10,150
| +4% | +$1.72M |
|
366
Ametek
AME
$43.3B
| $45.8M | 0.05% |
512,948
+815
| +0.2% | +$72.8K |
|
|
FLIR
367
DELISTED
FLIR Systems, Inc. (DE) Common Stock
FLIR
| $45.5M | 0.04% |
1,121,814
+12,172
| +1% | +$494K |
|
368
Fortive
FTV
$16.2B
| $45M | 0.04% |
795,267
+3,395
| +0.4% | +$192K |
|
369
Hilton Worldwide
HLT
$64.2B
| $45M | 0.04% |
612,160
-8,403
| -1% | -$617K |
|
370
Snap
SNAP
$11.9B
| $44.8M | 0.04% |
1,906,285
+376,933
| +25% | +$8.85M |
|
371
Corteva
CTVA
$48.7B
| $44.7M | 0.04% |
1,670,321
-11,316
| -0.7% | -$303K |
|
372
PPL Corp
PPL
$26.5B
| $44.7M | 0.04% |
1,728,147
+51,299
| +3% | +$1.33M |
|
373
Aptiv
APTV
$17.8B
| $44.5M | 0.04% |
571,393
-6,746
| -1% | -$526K |
|
374
VF Corp
VFC
$5.85B
| $44.5M | 0.04% |
730,493
+36,558
| +5% | +$2.23M |
|
|
WUBA
375
DELISTED
58.COM INC
WUBA
| $44.3M | 0.04% |
821,975
+592,241
| +258% | +$31.9M |
|