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 | |
|---|---|---|---|---|---|---|
676
Commerce Bancshares
CBSH
$8.02B
| $13.5M | 0.01% |
288,650
-4,102
| -1% | -$191K |
|
677
Mohawk Industries
MHK
$8.68B
| $13.4M | 0.01% |
131,223
-1,672
| -1% | -$170K |
|
678
Manhattan Associates
MANH
$13.3B
| $13.3M | 0.01% |
141,278
-2,117
| -1% | -$199K |
|
679
Franklin Resources
BEN
$12.9B
| $13.3M | 0.01% |
632,716
+4,250
| +0.7% | +$89.1K |
|
680
Match Group
MTCH
$9.15B
| $13.2M | 0.01% |
123,733
+1,920
| +2% | +$206K |
|
681
NovoCure
NVCR
$1.42B
| $13.2M | 0.01% |
223,180
+27,777
| +14% | +$1.65M |
|
682
Brookfield Renewable
BEP
$7.11B
| $13.2M | 0.01% |
+517,522
| New | +$13.2M |
|
683
Donaldson
DCI
$9.51B
| $13.2M | 0.01% |
283,784
+124
| +0% | +$5.77K |
|
684
Thor Industries
THO
$5.83B
| $13.2M | 0.01% |
123,587
+5,113
| +4% | +$545K |
|
|
GRUB
685
DELISTED
Just Eat Takeaway.com N.V. American Depositary Shares
GRUB
| $13.2M | 0.01% |
93,600
+100
| +0.1% | +$14.1K |
|
686
Ascendis Pharma
ASND
$12B
| $13.1M | 0.01% |
88,678
+34,478
| +64% | +$5.1M |
|
687
Watsco
WSO
$16.1B
| $13.1M | 0.01% |
73,592
-451
| -0.6% | -$80.1K |
|
688
Wolfspeed
WOLF
$294M
| $13M | 0.01% |
220,300
-20,639
| -9% | -$1.22M |
|
689
Lamar Advertising Co
LAMR
$13B
| $13M | 0.01% |
195,227
-907
| -0.5% | -$60.6K |
|
690
Sensata Technologies
ST
$4.69B
| $13M | 0.01% |
349,719
-5,629
| -2% | -$210K |
|
691
PG&E
PCG
$34.6B
| $13M | 0.01% |
1,467,564
+262,073
| +22% | +$2.32M |
|
692
Healthcare Realty
HR
$6.44B
| $13M | 0.01% |
488,602
+13,692
| +3% | +$363K |
|
693
Axon Enterprise
AXON
$59B
| $12.9M | 0.01% |
131,740
+12,134
| +10% | +$1.19M |
|
694
Live Nation Entertainment
LYV
$40.4B
| $12.9M | 0.01% |
291,081
-405
| -0.1% | -$18K |
|
|
RP
695
DELISTED
RealPage, Inc.
RP
| $12.7M | 0.01% |
195,457
+17,757
| +10% | +$1.15M |
|
|
HDS
696
DELISTED
HD Supply Holdings, Inc.
HDS
| $12.7M | 0.01% |
366,153
-5,743
| -2% | -$199K |
|
697
Post Holdings
POST
$5.76B
| $12.7M | 0.01% |
220,619
-6,142
| -3% | -$352K |
|
698
Autoliv
ALV
$9.8B
| $12.6M | 0.01% |
195,325
-247
| -0.1% | -$15.9K |
|
|
IPHI
699
DELISTED
INPHI CORPORATION
IPHI
| $12.6M | 0.01% |
107,217
+6,526
| +6% | +$767K |
|
700
PagSeguro Digital
PAGS
$2.77B
| $12.6M | 0.01% |
355,900
-7,654
| -2% | -$271K |
|