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 | |
|---|---|---|---|---|---|---|
776
Rexford Industrial Realty
REXR
$10.3B
| $10.8M | 0.01% |
259,827
+6,441
| +3% | +$267K |
|
777
NOV
NOV
$4.94B
| $10.7M | 0.01% |
876,660
+73,390
| +9% | +$899K |
|
|
MYOK
778
DELISTED
MyoKardia, Inc. Common Stock
MYOK
| $10.7M | 0.01% |
110,364
+11,367
| +11% | +$1.1M |
|
779
SiteOne Landscape Supply
SITE
$6.33B
| $10.6M | 0.01% |
93,250
+1,590
| +2% | +$181K |
|
780
Tradeweb Markets
TW
$25.5B
| $10.6M | 0.01% |
182,668
+112,592
| +161% | +$6.55M |
|
781
Helen of Troy
HELE
$567M
| $10.6M | 0.01% |
56,308
-438
| -0.8% | -$82.6K |
|
782
American Financial Group
AFG
$11.7B
| $10.6M | 0.01% |
166,864
-448,487
| -73% | -$28.5M |
|
783
Ollie's Bargain Outlet
OLLI
$8.07B
| $10.6M | 0.01% |
108,100
+200
| +0.2% | +$19.5K |
|
784
Leggett & Platt
LEG
$1.34B
| $10.5M | 0.01% |
297,418
+757
| +0.3% | +$26.6K |
|
785
Old Republic International
ORI
$10.1B
| $10.4M | 0.01% |
640,374
+584
| +0.1% | +$9.53K |
|
786
News Corp Class A
NWSA
$16.6B
| $10.4M | 0.01% |
880,051
+3,789
| +0.4% | +$44.9K |
|
787
Herbalife
HLF
$964M
| $10.4M | 0.01% |
231,926
+6,677
| +3% | +$300K |
|
788
Targa Resources
TRGP
$35.6B
| $10.4M | 0.01% |
519,427
+6,856
| +1% | +$138K |
|
789
Primerica
PRI
$8.89B
| $10.4M | 0.01% |
89,358
-3,339
| -4% | -$389K |
|
|
FLG
790
Flagstar Financial, Inc.
FLG
$5.3B
| $10.3M | 0.01% |
336,999
-7,550
| -2% | -$231K |
|
791
Texas Pacific Land
TPL
$21.6B
| $10.3M | 0.01% |
52,014
-408
| -0.8% | -$80.9K |
|
792
Elastic
ESTC
$9.46B
| $10.3M | 0.01% |
111,300
+16,499
| +17% | +$1.52M |
|
793
Autohome
ATHM
$3.5B
| $10.2M | 0.01% |
135,337
+4,619
| +4% | +$349K |
|
794
EastGroup Properties
EGP
$8.94B
| $10.2M | 0.01% |
85,808
-206
| -0.2% | -$24.4K |
|
795
Alaska Air
ALK
$7.36B
| $10.1M | 0.01% |
279,446
+309
| +0.1% | +$11.2K |
|
796
Kemper
KMPR
$3.36B
| $10.1M | 0.01% |
139,411
-3,168
| -2% | -$230K |
|
797
MDU Resources
MDU
$3.35B
| $10.1M | 0.01% |
1,195,835
-3,153
| -0.3% | -$26.6K |
|
|
LSI
798
DELISTED
Life Storage, Inc.
LSI
| $10.1M | 0.01% |
159,102
+144
| +0.1% | +$9.12K |
|
799
HF Sinclair
DINO
$9.68B
| $10.1M | 0.01% |
344,709
+3,089
| +0.9% | +$90.2K |
|
800
Saic
SAIC
$4.9B
| $10M | 0.01% |
129,103
+241
| +0.2% | +$18.7K |
|