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 | |
|---|---|---|---|---|---|---|
701
Arrow Electronics
ARW
$6.66B
| $12.5M | 0.01% |
182,093
-5,077
| -3% | -$349K |
|
|
AIV
702
Aimco
AIV
$1.08B
| $12.5M | 0.01% |
2,492,372
-20,268
| -0.8% | -$102K |
|
|
SBNY
703
DELISTED
Signature Bank
SBNY
| $12.5M | 0.01% |
116,581
-2,976
| -2% | -$318K |
|
704
Huazhu Hotels Group
HTHT
$11.3B
| $12.4M | 0.01% |
354,861
+112,934
| +47% | +$3.96M |
|
705
Zions Bancorporation
ZION
$8.6B
| $12.4M | 0.01% |
365,209
-6,907
| -2% | -$235K |
|
706
Jones Lang LaSalle
JLL
$14.9B
| $12.4M | 0.01% |
119,949
-278
| -0.2% | -$28.8K |
|
707
Comerica
CMA
$8.93B
| $12.4M | 0.01% |
325,535
+4,046
| +1% | +$154K |
|
|
NLSN
708
DELISTED
Nielsen Holdings plc
NLSN
| $12.4M | 0.01% |
833,545
+25,016
| +3% | +$372K |
|
709
Reinsurance Group of America
RGA
$12.9B
| $12.4M | 0.01% |
157,881
+13,241
| +9% | +$1.04M |
|
710
Steel Dynamics
STLD
$19.7B
| $12.4M | 0.01% |
473,780
-3,942
| -0.8% | -$103K |
|
711
Casey's General Stores
CASY
$20.6B
| $12.4M | 0.01% |
82,630
+135
| +0.2% | +$20.2K |
|
712
Guardant Health
GH
$7.08B
| $12.3M | 0.01% |
151,952
+75,809
| +100% | +$6.15M |
|
713
iQIYI
IQ
$2.52B
| $12.3M | 0.01% |
531,341
+10,874
| +2% | +$252K |
|
714
ScottsMiracle-Gro
SMG
$3.56B
| $12.3M | 0.01% |
91,346
+364
| +0.4% | +$48.9K |
|
715
Deckers Outdoor
DECK
$17.5B
| $12.3M | 0.01% |
374,994
-3,576
| -0.9% | -$117K |
|
|
CLGX
716
DELISTED
Corelogic, Inc.
CLGX
| $12.3M | 0.01% |
182,551
+5,183
| +3% | +$348K |
|
717
StoneCo
STNE
$4.85B
| $12.2M | 0.01% |
316,000
+171,500
| +119% | +$6.65M |
|
718
United Therapeutics
UTHR
$18.3B
| $12.2M | 0.01% |
100,869
+2,414
| +2% | +$292K |
|
719
Globant
GLOB
$2.58B
| $12.2M | 0.01% |
81,222
+6,753
| +9% | +$1.01M |
|
720
Quanta Services
PWR
$58.1B
| $12.1M | 0.01% |
309,492
-13,820
| -4% | -$542K |
|
721
Polaris
PII
$3.37B
| $12.1M | 0.01% |
131,080
+684
| +0.5% | +$63.3K |
|
722
BWX Technologies
BWXT
$15.5B
| $12.1M | 0.01% |
213,926
-132
| -0.1% | -$7.48K |
|
|
PLAN
723
DELISTED
Anaplan, Inc.
PLAN
| $12.1M | 0.01% |
265,991
+87,600
| +49% | +$3.97M |
|
724
CACI
CACI
$10.8B
| $12.1M | 0.01% |
55,566
-995
| -2% | -$216K |
|
|
STOR
725
DELISTED
STORE Capital Corporation
STOR
| $12M | 0.01% |
503,968
+19,341
| +4% | +$460K |
|