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 | |
|---|---|---|---|---|---|---|
651
HEICO Class A
HEI.A
$35.3B
| $14.1M | 0.01% |
173,610
-2,017
| -1% | -$164K |
|
652
Reliance Steel & Aluminium
RS
$15.6B
| $14.1M | 0.01% |
148,529
-3,723
| -2% | -$353K |
|
|
AMED
653
DELISTED
Amedisys
AMED
| $14.1M | 0.01% |
70,883
+810
| +1% | +$161K |
|
654
FIVE9
FIVN
$2.02B
| $14M | 0.01% |
126,801
-8,100
| -6% | -$896K |
|
655
Howmet Aerospace
HWM
$74.3B
| $14M | 0.01% |
884,972
-241,962
| -21% | -$3.84M |
|
|
PFPT
656
DELISTED
Proofpoint, Inc.
PFPT
| $14M | 0.01% |
126,038
+1,370
| +1% | +$152K |
|
657
LPL Financial
LPLA
$27.8B
| $14M | 0.01% |
178,444
-9,623
| -5% | -$754K |
|
658
MKS Inc. Common Stock
MKSI
$7.79B
| $14M | 0.01% |
123,383
+2,432
| +2% | +$275K |
|
659
Owens Corning
OC
$13.2B
| $13.9M | 0.01% |
250,003
+909
| +0.4% | +$50.7K |
|
660
Fastly
FSLY
$1.16B
| $13.8M | 0.01% |
162,675
+149,975
| +1,181% | +$12.8M |
|
|
PRAH
661
DELISTED
PRA Health Sciences, Inc.
PRAH
| $13.8M | 0.01% |
142,090
-1,119
| -0.8% | -$109K |
|
662
Jazz Pharmaceuticals
JAZZ
$7.79B
| $13.8M | 0.01% |
125,061
-1,711
| -1% | -$189K |
|
663
Dynatrace
DT
$14.8B
| $13.8M | 0.01% |
338,681
+188,725
| +126% | +$7.66M |
|
664
Encompass Health
EHC
$12.8B
| $13.7M | 0.01% |
278,564
-2,725
| -1% | -$134K |
|
|
BERY
665
DELISTED
Berry Global Group, Inc.
BERY
| $13.7M | 0.01% |
336,920
+5,291
| +2% | +$215K |
|
666
NNN REIT
NNN
$8.17B
| $13.7M | 0.01% |
386,214
-1,058,761
| -73% | -$37.6M |
|
667
Voya Financial
VOYA
$7.39B
| $13.7M | 0.01% |
293,286
-18,915
| -6% | -$882K |
|
668
CF Industries
CF
$14B
| $13.6M | 0.01% |
484,109
-18,857
| -4% | -$531K |
|
669
Ares Capital
ARCC
$15.8B
| $13.6M | 0.01% |
942,000
-35,800
| -4% | -$517K |
|
670
Lumentum
LITE
$11.5B
| $13.6M | 0.01% |
167,085
-288
| -0.2% | -$23.5K |
|
671
Peloton Interactive
PTON
$3.12B
| $13.6M | 0.01% |
235,356
+145,559
| +162% | +$8.41M |
|
672
Newell Brands
NWL
$2.55B
| $13.6M | 0.01% |
854,353
+4,442
| +0.5% | +$70.5K |
|
673
Molson Coors Class B
TAP
$9.71B
| $13.6M | 0.01% |
394,630
-861
| -0.2% | -$29.6K |
|
674
Aecom
ACM
$16.9B
| $13.5M | 0.01% |
359,039
+8,147
| +2% | +$306K |
|
675
Robert Half
RHI
$3.7B
| $13.5M | 0.01% |
255,218
-5,202
| -2% | -$275K |
|