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 | |
|---|---|---|---|---|---|---|
801
Cousins Properties
CUZ
$4.91B
| $10M | 0.01% |
335,764
+5,577
| +2% | +$166K |
|
802
Haemonetics
HAE
$2.59B
| $10M | 0.01% |
111,818
-1,559
| -1% | -$140K |
|
803
HEICO
HEI
$44.1B
| $9.94M | 0.01% |
99,702
+8,715
| +10% | +$868K |
|
804
Devon Energy
DVN
$22.5B
| $9.93M | 0.01% |
875,394
+2,793
| +0.3% | +$31.7K |
|
|
TCF
805
DELISTED
TCF Financial Corporation Common Stock
TCF
| $9.88M | 0.01% |
335,716
-5,629
| -2% | -$166K |
|
806
Flowers Foods
FLO
$3.02B
| $9.84M | 0.01% |
439,916
-2,495
| -0.6% | -$55.8K |
|
807
Idacorp
IDA
$6.76B
| $9.82M | 0.01% |
112,414
-1,825
| -2% | -$159K |
|
|
TMX
808
DELISTED
Terminix Global Holdings, Inc.
TMX
| $9.81M | 0.01% |
274,797
-32,669
| -11% | -$1.17M |
|
|
XLRN
809
DELISTED
Acceleron Pharma Inc.
XLRN
| $9.8M | 0.01% |
102,892
+2,610
| +3% | +$249K |
|
|
EVBG
810
DELISTED
Everbridge, Inc. Common Stock
EVBG
| $9.8M | 0.01% |
70,846
-4,052
| -5% | -$561K |
|
811
Middleby
MIDD
$6.99B
| $9.8M | 0.01% |
124,090
-1,293
| -1% | -$102K |
|
812
The Mosaic Company
MOS
$10.6B
| $9.78M | 0.01% |
781,935
+61,053
| +8% | +$764K |
|
813
Maximus
MMS
$4.94B
| $9.76M | 0.01% |
138,596
-6,468
| -4% | -$456K |
|
814
Silicon Laboratories
SLAB
$4.34B
| $9.76M | 0.01% |
97,337
+1,687
| +2% | +$169K |
|
815
STAG Industrial
STAG
$6.68B
| $9.75M | 0.01% |
332,520
+25,744
| +8% | +$755K |
|
816
Arrowhead Research
ARWR
$3.99B
| $9.73M | 0.01% |
225,262
+10,581
| +5% | +$457K |
|
817
US Foods
USFD
$17.5B
| $9.71M | 0.01% |
492,609
-946
| -0.2% | -$18.7K |
|
818
Woodward
WWD
$14.3B
| $9.67M | 0.01% |
124,657
+418
| +0.3% | +$32.4K |
|
|
LM
819
DELISTED
Legg Mason, Inc.
LM
| $9.65M | 0.01% |
193,870
-2,820
| -1% | -$140K |
|
820
DXC Technology
DXC
$2.55B
| $9.59M | 0.01% |
581,414
-454
| -0.1% | -$7.49K |
|
821
Boston Beer
SAM
$2.39B
| $9.58M | 0.01% |
17,851
-1,203
| -6% | -$646K |
|
|
MBT
822
DELISTED
Mobile TeleSystems Public Joint Stock Company American Depositary Shares (Each representing 2 Shares
MBT
| $9.58M | 0.01% |
1,042,361
-70,862
| -6% | -$651K |
|
823
Landstar System
LSTR
$4.5B
| $9.56M | 0.01% |
85,135
-5,740
| -6% | -$645K |
|
|
EV
824
DELISTED
Eaton Vance Corp.
EV
| $9.56M | 0.01% |
247,695
+4,131
| +2% | +$159K |
|
825
Floor & Decor
FND
$9.16B
| $9.56M | 0.01% |
165,748
+25,348
| +18% | +$1.46M |
|