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 | |
|---|---|---|---|---|---|---|
|
ETFC
476
DELISTED
E*Trade Financial Corporation
ETFC
| $25.6M | 0.03% |
514,749
-92
| -0% | -$4.58K |
|
477
Gen Digital
GEN
$18B
| $25.5M | 0.03% |
1,287,241
+7,635
| +0.6% | +$151K |
|
478
Lumen
LUMN
$6.3B
| $25.5M | 0.03% |
2,543,815
+50,743
| +2% | +$509K |
|
479
Halliburton
HAL
$19.3B
| $25.5M | 0.03% |
1,962,932
+157,843
| +9% | +$2.05M |
|
480
Teledyne Technologies
TDY
$25.6B
| $25.4M | 0.03% |
81,575
+594
| +0.7% | +$185K |
|
|
CTLT
481
DELISTED
CATALENT, INC.
CTLT
| $25.2M | 0.02% |
343,995
-272
| -0.1% | -$19.9K |
|
482
WIX.com
WIX
$9.13B
| $25.1M | 0.02% |
98,126
+24,372
| +33% | +$6.24M |
|
483
Neurocrine Biosciences
NBIX
$14B
| $25.1M | 0.02% |
206,006
+1,052
| +0.5% | +$128K |
|
484
Citizens Financial Group
CFG
$22.3B
| $25M | 0.02% |
989,377
-11,097
| -1% | -$280K |
|
485
United Rentals
URI
$60.8B
| $24.9M | 0.02% |
167,253
-2,258
| -1% | -$337K |
|
486
Regions Financial
RF
$24.1B
| $24.9M | 0.02% |
2,238,234
+14,566
| +0.7% | +$162K |
|
|
ONC
487
BeOne Medicines Ltd. American Depositary Shares
ONC
$34.5B
| $24.9M | 0.02% |
131,963
+53,997
| +69% | +$10.2M |
|
|
SIVB
488
DELISTED
SVB Financial Group
SIVB
| $24.8M | 0.02% |
114,939
-2,034
| -2% | -$438K |
|
489
Waters Corp
WAT
$17.4B
| $24.7M | 0.02% |
137,103
-6,567
| -5% | -$1.18M |
|
490
Masimo
MASI
$7.92B
| $24.7M | 0.02% |
108,133
+1,645
| +2% | +$375K |
|
491
OGE Energy
OGE
$8.85B
| $24.6M | 0.02% |
809,908
+21,469
| +3% | +$652K |
|
492
Nordson
NDSN
$12.6B
| $24.5M | 0.02% |
129,375
+233
| +0.2% | +$44.2K |
|
493
Revvity
RVTY
$9.58B
| $24.5M | 0.02% |
249,967
+1,429
| +0.6% | +$140K |
|
494
Ulta Beauty
ULTA
$23.1B
| $24.5M | 0.02% |
120,472
-3,641
| -3% | -$741K |
|
495
Sarepta Therapeutics
SRPT
$1.8B
| $24.3M | 0.02% |
151,669
+6,969
| +5% | +$1.12M |
|
496
Trimble
TRMB
$19.1B
| $24M | 0.02% |
555,106
-8,134
| -1% | -$351K |
|
497
Pool Corp
POOL
$11.9B
| $23.8M | 0.02% |
87,723
-1,322
| -1% | -$359K |
|
498
Jacobs Solutions
J
$17.3B
| $23.8M | 0.02% |
339,932
-13,088
| -4% | -$918K |
|
|
WORK
499
DELISTED
Slack Technologies, Inc.
WORK
| $23.7M | 0.02% |
763,500
+430,800
| +129% | +$13.4M |
|
500
Gartner
IT
$17.6B
| $23.6M | 0.02% |
194,416
+12,817
| +7% | +$1.56M |
|