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 | |
|---|---|---|---|---|---|---|
526
Keurig Dr Pepper
KDP
$37.3B
| $21.6M | 0.02% |
760,176
+267,412
| +54% | +$7.59M |
|
527
United Airlines
UAL
$34.8B
| $21.5M | 0.02% |
621,459
+87,790
| +16% | +$3.04M |
|
528
Bio-Rad Laboratories Class A
BIO
$7.49B
| $21.4M | 0.02% |
47,502
-103
| -0.2% | -$46.5K |
|
529
Avery Dennison
AVY
$12.8B
| $21.4M | 0.02% |
187,813
-2,735
| -1% | -$312K |
|
530
Wabtec
WAB
$32.4B
| $21.3M | 0.02% |
369,963
+1,439
| +0.4% | +$82.8K |
|
531
Vistra
VST
$70.9B
| $21.3M | 0.02% |
1,143,788
+166,941
| +17% | +$3.11M |
|
532
Hasbro
HAS
$10.9B
| $21.3M | 0.02% |
283,948
+980
| +0.3% | +$73.5K |
|
533
Pultegroup
PHM
$26.7B
| $21.3M | 0.02% |
624,832
-993,570
| -61% | -$33.8M |
|
534
CenterPoint Energy
CNP
$24.7B
| $21.3M | 0.02% |
1,138,747
-2,849
| -0.2% | -$53.2K |
|
|
AMTD
535
DELISTED
TD Ameritrade Holding Corp
AMTD
| $21.3M | 0.02% |
584,390
-17,063
| -3% | -$621K |
|
536
VICI Properties
VICI
$35.3B
| $21.1M | 0.02% |
1,044,842
+10,704
| +1% | +$216K |
|
537
Allegion
ALLE
$14.6B
| $21.1M | 0.02% |
206,053
-4,337
| -2% | -$443K |
|
538
Packaging Corp of America
PKG
$19.2B
| $21M | 0.02% |
210,908
-6,043
| -3% | -$603K |
|
539
Huntington Bancshares
HBAN
$25.8B
| $20.6M | 0.02% |
2,277,566
-26,603
| -1% | -$240K |
|
|
ZEN
540
DELISTED
ZENDESK INC
ZEN
| $20.4M | 0.02% |
230,100
-314
| -0.1% | -$27.8K |
|
541
Fox Class A
FOXA
$28B
| $20.2M | 0.02% |
754,813
-11,565
| -2% | -$310K |
|
542
Cable One
CABO
$893M
| $20.2M | 0.02% |
11,381
+1
| +0% | +$1.78K |
|
543
Fortune Brands Innovations
FBIN
$7.05B
| $20M | 0.02% |
365,437
-13,728
| -4% | -$750K |
|
|
LSXMA
544
DELISTED
Liberty Media Corporation Series A Liberty SiriusXM Common Stock
LSXMA
| $19.7M | 0.02% |
776,576
+15,896
| +2% | +$403K |
|
545
Icon
ICLR
$12.9B
| $19.7M | 0.02% |
116,741
-4,788
| -4% | -$807K |
|
546
Crown Holdings
CCK
$11B
| $19.6M | 0.02% |
301,605
+1,030
| +0.3% | +$67.1K |
|
547
Vipshop
VIPS
$8.85B
| $19.6M | 0.02% |
985,777
-27,694
| -3% | -$551K |
|
548
Liberty Global Class C
LBTYK
$3.99B
| $19.5M | 0.02% |
907,122
-71,235
| -7% | -$1.53M |
|
549
Charles River Laboratories
CRL
$7.54B
| $19.4M | 0.02% |
111,246
+2,296
| +2% | +$400K |
|
550
Viatris
VTRS
$11.9B
| $19.3M | 0.02% |
1,201,379
+15,770
| +1% | +$254K |
|