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 | |
|---|---|---|---|---|---|---|
726
Kimco Realty
KIM
$15.2B
| $12M | 0.01% |
933,063
-7,935
| -0.8% | -$102K |
|
|
TECD
727
DELISTED
Tech Data Corp
TECD
| $12M | 0.01% |
82,586
+1,657
| +2% | +$240K |
|
|
DNKN
728
DELISTED
Dunkin' Brands Group, Inc.
DNKN
| $11.9M | 0.01% |
182,445
-3,939
| -2% | -$257K |
|
729
Dropbox
DBX
$8.34B
| $11.9M | 0.01% |
546,248
+112,548
| +26% | +$2.45M |
|
730
Sonoco
SON
$4.66B
| $11.9M | 0.01% |
227,261
+1,093
| +0.5% | +$57.2K |
|
731
Five Below
FIVE
$8.04B
| $11.9M | 0.01% |
111,100
-1,064
| -0.9% | -$114K |
|
732
Tandem Diabetes Care
TNDM
$864M
| $11.9M | 0.01% |
119,843
+4,303
| +4% | +$426K |
|
733
First American
FAF
$6.93B
| $11.8M | 0.01% |
246,546
-2,213
| -0.9% | -$106K |
|
734
Prosperity Bancshares
PB
$6.44B
| $11.8M | 0.01% |
199,306
-5,531
| -3% | -$328K |
|
735
Acadia Pharmaceuticals
ACAD
$4.08B
| $11.8M | 0.01% |
243,994
-7,091
| -3% | -$344K |
|
736
Knight Transportation
KNX
$6.97B
| $11.8M | 0.01% |
282,627
+1,758
| +0.6% | +$73.3K |
|
|
LHCG
737
DELISTED
LHC Group LLC
LHCG
| $11.8M | 0.01% |
67,530
-393
| -0.6% | -$68.5K |
|
738
Flex
FLEX
$21.6B
| $11.7M | 0.01% |
1,515,261
+2,663
| +0.2% | +$20.6K |
|
739
APA Corp
APA
$8.22B
| $11.7M | 0.01% |
865,708
+23,830
| +3% | +$322K |
|
740
American Airlines Group
AAL
$8.54B
| $11.7M | 0.01% |
892,476
-13,662
| -2% | -$179K |
|
741
CubeSmart
CUBE
$9.49B
| $11.7M | 0.01% |
432,207
-2,911
| -0.7% | -$78.6K |
|
742
Penumbra
PEN
$10.8B
| $11.7M | 0.01% |
65,200
+700
| +1% | +$125K |
|
|
SRCL
743
DELISTED
Stericycle Inc
SRCL
| $11.6M | 0.01% |
207,662
+21,965
| +12% | +$1.23M |
|
744
IPG Photonics
IPGP
$3.49B
| $11.6M | 0.01% |
72,100
-600
| -0.8% | -$96.2K |
|
745
Aramark
ARMK
$10.2B
| $11.6M | 0.01% |
709,018
-80,246
| -10% | -$1.31M |
|
|
IAA
746
DELISTED
IAA, Inc. Common Stock
IAA
| $11.5M | 0.01% |
299,385
+1,493
| +0.5% | +$57.6K |
|
747
Sealed Air
SEE
$4.99B
| $11.5M | 0.01% |
350,935
-1,667
| -0.5% | -$54.8K |
|
748
Brunswick
BC
$4.36B
| $11.5M | 0.01% |
179,478
-3,116
| -2% | -$199K |
|
749
Amcor
AMCR
$19.2B
| $11.5M | 0.01% |
1,121,943
+74,003
| +7% | +$756K |
|
|
SMAR
750
DELISTED
Smartsheet Inc.
SMAR
| $11.5M | 0.01% |
224,900
+28,535
| +15% | +$1.45M |
|