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 | |
|---|---|---|---|---|---|---|
|
ATH
901
DELISTED
Athene Holding Ltd. Class A Common Shares
ATH
| $8.39M | 0.01% |
268,967
-43,761
| -14% | -$1.36M |
|
902
Huntsman Corp
HUN
$1.89B
| $8.39M | 0.01% |
466,729
-32,055
| -6% | -$576K |
|
903
Flowserve
FLS
$7.41B
| $8.36M | 0.01% |
293,167
-3,680
| -1% | -$105K |
|
904
Simpson Manufacturing
SSD
$7.9B
| $8.35M | 0.01% |
98,936
-4,339
| -4% | -$366K |
|
905
CyberArk
CYBR
$23.6B
| $8.31M | 0.01% |
83,687
+557
| +0.7% | +$55.3K |
|
906
Iovance Biotherapeutics
IOVA
$829M
| $8.29M | 0.01% |
302,145
+41,161
| +16% | +$1.13M |
|
907
Armstrong World Industries
AWI
$8.55B
| $8.29M | 0.01% |
106,353
-4,504
| -4% | -$351K |
|
908
HealthEquity
HQY
$7.94B
| $8.29M | 0.01% |
141,300
-369
| -0.3% | -$21.6K |
|
909
Tapestry
TPR
$22.4B
| $8.29M | 0.01% |
624,189
-3,816
| -0.6% | -$50.7K |
|
910
Regal Rexnord
RRX
$9.24B
| $8.29M | 0.01% |
94,912
-130
| -0.1% | -$11.4K |
|
911
Nexstar Media Group
NXST
$6.27B
| $8.28M | 0.01% |
98,962
-4,017
| -4% | -$336K |
|
|
RETA
912
DELISTED
Reata Pharmaceuticals, Inc. Class A Common Stock
RETA
| $8.28M | 0.01% |
53,081
+2,504
| +5% | +$391K |
|
913
First Financial Bankshares
FFIN
$5.15B
| $8.28M | 0.01% |
286,500
-4,291
| -1% | -$124K |
|
914
Harley-Davidson
HOG
$3.67B
| $8.26M | 0.01% |
347,323
-1,707
| -0.5% | -$40.6K |
|
|
GBT
915
DELISTED
Global Blood Therapeutics, Inc.
GBT
| $8.25M | 0.01% |
130,706
+1,654
| +1% | +$104K |
|
|
LVGO
916
DELISTED
Livongo Health, Inc. Common Stock
LVGO
| $8.25M | 0.01% |
109,700
+83,500
| +319% | +$6.28M |
|
|
SYNH
917
DELISTED
Syneos Health, Inc. Class A Common Stock
SYNH
| $8.22M | 0.01% |
141,056
+2,493
| +2% | +$145K |
|
918
Nektar Therapeutics
NKTR
$910M
| $8.17M | 0.01% |
23,513
+580
| +3% | +$202K |
|
919
Cirrus Logic
CRUS
$6.02B
| $8.15M | 0.01% |
131,942
-1,365
| -1% | -$84.3K |
|
920
Halozyme
HALO
$9.03B
| $8.13M | 0.01% |
303,383
+2,609
| +0.9% | +$70K |
|
921
Novanta
NOVT
$4.14B
| $8.13M | 0.01% |
76,094
+371
| +0.5% | +$39.6K |
|
|
SRC
922
DELISTED
SPIRIT REALTY CAPITAL, INC.
SRC
| $8.11M | 0.01% |
232,726
+6,891
| +3% | +$240K |
|
923
Nomad Foods
NOMD
$2.13B
| $8.11M | 0.01% |
377,903
-37,015
| -9% | -$794K |
|
924
Ralph Lauren
RL
$19.1B
| $8.1M | 0.01% |
111,623
+1,229
| +1% | +$89.1K |
|
925
Jefferies Financial Group
JEF
$13.8B
| $8.08M | 0.01% |
543,709
-56,503
| -9% | -$840K |
|