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 | |
|---|---|---|---|---|---|---|
826
Fox Class B
FOX
$25.3B
| $9.55M | 0.01% |
355,869
-355,902
| -50% | -$9.55M |
|
827
Tetra Tech
TTEK
$9.51B
| $9.55M | 0.01% |
603,525
-11,170
| -2% | -$177K |
|
828
RH
RH
$4.27B
| $9.55M | 0.01% |
38,360
+416
| +1% | +$104K |
|
829
FTI Consulting
FCN
$5.23B
| $9.52M | 0.01% |
83,063
-2,960
| -3% | -$339K |
|
|
NBL
830
DELISTED
Noble Energy, Inc.
NBL
| $9.5M | 0.01% |
1,060,033
-11,873
| -1% | -$106K |
|
831
Credit Acceptance
CACC
$5.8B
| $9.48M | 0.01% |
22,620
-151
| -0.7% | -$63.3K |
|
832
Bruker
BRKR
$4.63B
| $9.44M | 0.01% |
232,125
+53
| +0% | +$2.16K |
|
833
Allison Transmission
ALSN
$7.57B
| $9.43M | 0.01% |
256,479
+5,779
| +2% | +$213K |
|
834
Skechers
SKX
$9.5B
| $9.42M | 0.01% |
300,080
+5,667
| +2% | +$178K |
|
835
Dolby
DLB
$6.8B
| $9.42M | 0.01% |
142,950
-526
| -0.4% | -$34.6K |
|
836
Mine Safety
MSA
$6.63B
| $9.4M | 0.01% |
82,164
+2,252
| +3% | +$258K |
|
837
Norwegian Cruise Line
NCLH
$12.2B
| $9.36M | 0.01% |
569,635
+86,816
| +18% | +$1.43M |
|
838
PENN Entertainment
PENN
$2.93B
| $9.35M | 0.01% |
306,160
+57,718
| +23% | +$1.76M |
|
839
ManpowerGroup
MAN
$1.75B
| $9.34M | 0.01% |
135,872
-520
| -0.4% | -$35.7K |
|
840
Exponent
EXPO
$3.5B
| $9.31M | 0.01% |
115,068
-2,015
| -2% | -$163K |
|
841
Cullen/Frost Bankers
CFR
$8.11B
| $9.31M | 0.01% |
124,614
-2,107
| -2% | -$157K |
|
|
MRTX
842
DELISTED
Mirati Therapeutics, Inc. Common Stock
MRTX
| $9.29M | 0.01% |
81,333
+18,309
| +29% | +$2.09M |
|
|
LOGM
843
DELISTED
LogMein, Inc.
LOGM
| $9.23M | 0.01% |
108,863
-564
| -0.5% | -$47.8K |
|
844
BlackLine
BL
$3.32B
| $9.23M | 0.01% |
111,277
+14,986
| +16% | +$1.24M |
|
845
Starwood Property Trust
STWD
$7.6B
| $9.21M | 0.01% |
615,578
-5,705
| -0.9% | -$85.3K |
|
846
Blue Owl Capital
OBDC
$7.23B
| $9.18M | 0.01% |
744,872
-17,817
| -2% | -$220K |
|
847
Clarivate
CLVT
$2.85B
| $9.18M | 0.01% |
411,078
+259,303
| +171% | +$5.79M |
|
848
Hanesbrands
HBI
$2.21B
| $9.18M | 0.01% |
812,833
-11,464
| -1% | -$129K |
|
849
Invesco
IVZ
$9.88B
| $9.17M | 0.01% |
852,105
-15,592
| -2% | -$168K |
|
850
Graphic Packaging
GPK
$6.24B
| $9.14M | 0.01% |
653,343
-14,409
| -2% | -$202K |
|