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 | |
|---|---|---|---|---|---|---|
551
Dell
DELL
$85.6B
| $19.3M | 0.02% |
692,464
-560
| -0.1% | -$15.6K |
|
552
MongoDB
MDB
$27.2B
| $19.3M | 0.02% |
85,100
-2,140
| -2% | -$484K |
|
553
Royal Caribbean
RCL
$95.8B
| $19.3M | 0.02% |
382,799
-5,878
| -2% | -$296K |
|
554
Apollo Global Management
APO
$78.8B
| $19.1M | 0.02% |
382,547
-110,799
| -22% | -$5.53M |
|
555
Raymond James Financial
RJF
$33.9B
| $19.1M | 0.02% |
415,508
-13,257
| -3% | -$608K |
|
|
DISH
556
DELISTED
DISH Network Corp.
DISH
| $19M | 0.02% |
550,062
-31,964
| -5% | -$1.1M |
|
557
Guidewire Software
GWRE
$21.2B
| $18.9M | 0.02% |
170,772
+528
| +0.3% | +$58.5K |
|
558
HubSpot
HUBS
$26.2B
| $18.9M | 0.02% |
84,300
+416
| +0.5% | +$93.3K |
|
|
ZNGA
559
DELISTED
ZYNGA INC. CL A COMMON
ZNGA
| $18.9M | 0.02% |
1,982,067
+24,892
| +1% | +$237K |
|
560
Dayforce
DAY
$10.9B
| $18.8M | 0.02% |
237,595
+27,894
| +13% | +$2.21M |
|
561
Amdocs
DOX
$9.27B
| $18.8M | 0.02% |
308,869
+4,377
| +1% | +$266K |
|
|
CONE
562
DELISTED
CyrusOne Inc Common Stock
CONE
| $18.7M | 0.02% |
257,493
+6,388
| +3% | +$465K |
|
563
QuidelOrtho
QDEL
$1.98B
| $18.7M | 0.02% |
83,596
+3,447
| +4% | +$771K |
|
564
NRG Energy
NRG
$31B
| $18.6M | 0.02% |
571,481
-5,748
| -1% | -$187K |
|
565
Loews
L
$20.1B
| $18.6M | 0.02% |
541,224
-798,048
| -60% | -$27.4M |
|
566
Ciena
CIEN
$18.9B
| $18.4M | 0.02% |
340,185
-2,622
| -0.8% | -$142K |
|
567
Whirlpool
WHR
$5.24B
| $18.4M | 0.02% |
142,043
-748
| -0.5% | -$96.9K |
|
568
Royal Gold
RGLD
$12.4B
| $18.3M | 0.02% |
147,322
-478
| -0.3% | -$59.4K |
|
569
Pinterest
PINS
$23.7B
| $18.1M | 0.02% |
818,100
+667,500
| +443% | +$14.8M |
|
570
Lennox International
LII
$20B
| $18.1M | 0.02% |
77,556
+4,706
| +6% | +$1.1M |
|
571
ON Semiconductor
ON
$19.7B
| $18M | 0.02% |
909,577
-24,257
| -3% | -$481K |
|
572
Equitable Holdings
EQH
$16.1B
| $18M | 0.02% |
932,365
-12,506
| -1% | -$241K |
|
573
LKQ Corp
LKQ
$8.39B
| $17.9M | 0.02% |
683,354
-19,708
| -3% | -$516K |
|
574
Graco
GGG
$14.2B
| $17.7M | 0.02% |
369,539
-3,159
| -0.8% | -$152K |
|
575
MGM Resorts International
MGM
$9.64B
| $17.7M | 0.02% |
1,054,515
-53,359
| -5% | -$896K |
|