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 | |
|---|---|---|---|---|---|---|
876
Lattice Semiconductor
LSCC
$9.06B
| $8.64M | 0.01% |
304,324
+18,555
| +6% | +$527K |
|
877
Q2 Holdings
QTWO
$5.17B
| $8.63M | 0.01% |
100,588
+2,668
| +3% | +$229K |
|
878
Grand Canyon Education
LOPE
$5.69B
| $8.63M | 0.01% |
95,272
-2,008
| -2% | -$182K |
|
879
SL Green Realty
SLG
$4.5B
| $8.63M | 0.01% |
180,759
-5,165
| -3% | -$246K |
|
880
Coherent
COHR
$16.1B
| $8.61M | 0.01% |
182,300
-18,660
| -9% | -$881K |
|
881
Nutanix
NTNX
$21.7B
| $8.6M | 0.01% |
362,800
+8,900
| +3% | +$211K |
|
|
QTS
882
DELISTED
QTS REALTY TRUST, INC.
QTS
| $8.58M | 0.01% |
133,923
+5,269
| +4% | +$338K |
|
|
HPP
883
Hudson Pacific Properties
HPP
$1.1B
| $8.57M | 0.01% |
340,706
-6,895
| -2% | -$173K |
|
884
Ashland
ASH
$2.42B
| $8.57M | 0.01% |
124,031
-575
| -0.5% | -$39.7K |
|
|
BPMC
885
DELISTED
Blueprint Medicines
BPMC
| $8.56M | 0.01% |
109,800
+4,200
| +4% | +$328K |
|
886
Acuity Brands
AYI
$10.1B
| $8.54M | 0.01% |
89,239
-1,461
| -2% | -$140K |
|
887
Toll Brothers
TOL
$14.2B
| $8.54M | 0.01% |
262,169
-20,359
| -7% | -$663K |
|
888
Western Alliance Bancorporation
WAL
$9.8B
| $8.54M | 0.01% |
225,434
+8,228
| +4% | +$312K |
|
889
Hexcel
HXL
$4.93B
| $8.53M | 0.01% |
188,565
-47
| -0% | -$2.13K |
|
890
Pure Storage
PSTG
$27B
| $8.52M | 0.01% |
491,700
+9,000
| +2% | +$156K |
|
891
Performance Food Group
PFGC
$16.3B
| $8.51M | 0.01% |
292,120
+57,772
| +25% | +$1.68M |
|
|
EQC
892
DELISTED
Equity Commonwealth
EQC
| $8.49M | 0.01% |
263,513
-12,637
| -5% | -$407K |
|
893
First Solar
FSLR
$21.8B
| $8.45M | 0.01% |
170,692
+1,803
| +1% | +$89.2K |
|
894
Frontdoor
FTDR
$4.62B
| $8.44M | 0.01% |
190,480
-3,006
| -2% | -$133K |
|
895
Southwest Gas
SWX
$5.67B
| $8.44M | 0.01% |
122,221
+1,226
| +1% | +$84.7K |
|
|
QVCGA
896
QVC Group, Inc. Series A Common Stock
QVCGA
$87.4M
| $8.43M | 0.01% |
18,279
+313
| +2% | +$144K |
|
897
Wingstop
WING
$7.84B
| $8.41M | 0.01% |
60,549
-5,409
| -8% | -$752K |
|
898
TopBuild
BLD
$11.8B
| $8.41M | 0.01% |
73,940
-2,673
| -3% | -$304K |
|
899
Curtiss-Wright
CW
$19.3B
| $8.4M | 0.01% |
94,106
-3,332
| -3% | -$297K |
|
900
Portland General Electric
POR
$4.65B
| $8.4M | 0.01% |
200,838
-799
| -0.4% | -$33.4K |
|