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 | |
|---|---|---|---|---|---|---|
501
CrowdStrike
CRWD
$107B
| $23.5M | 0.02% |
234,800
+191,300
| +440% | +$19.2M |
|
502
Molina Healthcare
MOH
$9.71B
| $23.4M | 0.02% |
131,431
-4,390
| -3% | -$781K |
|
503
Essential Utilities
WTRG
$10.6B
| $23.1M | 0.02% |
548,001
+61,477
| +13% | +$2.6M |
|
504
Monolithic Power Systems
MPWR
$41B
| $23.1M | 0.02% |
97,607
+2,885
| +3% | +$684K |
|
505
U-Haul Holding Co
UHAL
$10.8B
| $23.1M | 0.02% |
763,220
+38,850
| +5% | +$1.17M |
|
506
Celanese
CE
$4.84B
| $23M | 0.02% |
266,503
-8,654
| -3% | -$747K |
|
507
NetApp
NTAP
$24.7B
| $22.9M | 0.02% |
515,486
-11,523
| -2% | -$511K |
|
|
AVLR
508
DELISTED
Avalara, Inc.
AVLR
| $22.8M | 0.02% |
171,613
+66,181
| +63% | +$8.81M |
|
509
Cheniere Energy
LNG
$52.1B
| $22.8M | 0.02% |
472,539
-1,348
| -0.3% | -$65.1K |
|
|
HZNP
510
DELISTED
Horizon Therapeutics Public Limited Company Ordinary Shares
HZNP
| $22.8M | 0.02% |
410,395
-12,344
| -3% | -$686K |
|
|
VAR
511
DELISTED
Varian Medical Systems, Inc.
VAR
| $22.7M | 0.02% |
185,232
-1,796
| -1% | -$220K |
|
512
JB Hunt Transport Services
JBHT
$13.3B
| $22.6M | 0.02% |
187,826
-3,294
| -2% | -$396K |
|
|
CXO
513
DELISTED
CONCHO RESOURCES INC.
CXO
| $22.5M | 0.02% |
436,903
-12,170
| -3% | -$627K |
|
514
Bio-Techne
TECH
$7.93B
| $22.5M | 0.02% |
340,632
-1,432
| -0.4% | -$94.5K |
|
515
Baker Hughes
BKR
$46.3B
| $22.5M | 0.02% |
1,461,013
+126,713
| +9% | +$1.95M |
|
516
AES
AES
$9.06B
| $22.4M | 0.02% |
1,547,168
+5,640
| +0.4% | +$81.7K |
|
517
Darden Restaurants
DRI
$24.7B
| $22.1M | 0.02% |
291,741
-609,111
| -68% | -$46.2M |
|
518
Medical Properties Trust
MPW
$2.77B
| $22.1M | 0.02% |
1,173,902
+12,873
| +1% | +$242K |
|
519
Cognex
CGNX
$7.45B
| $22M | 0.02% |
368,907
+110
| +0% | +$6.57K |
|
520
Eastman Chemical
EMN
$7.47B
| $22M | 0.02% |
315,702
+415
| +0.1% | +$28.9K |
|
|
ABMD
521
DELISTED
Abiomed Inc
ABMD
| $21.8M | 0.02% |
90,250
-1,388
| -2% | -$335K |
|
|
MMP
522
DELISTED
Magellan Midstream Partners, L.P.
MMP
| $21.8M | 0.02% |
504,951
-11,487
| -2% | -$496K |
|
523
Dentsply Sirona
XRAY
$2.73B
| $21.7M | 0.02% |
493,606
-15,151
| -3% | -$668K |
|
524
RPM International
RPM
$16B
| $21.7M | 0.02% |
289,380
+1,559
| +0.5% | +$117K |
|
525
Ingersoll Rand
IR
$31.9B
| $21.7M | 0.02% |
772,201
-1,506
| -0.2% | -$42.3K |
|