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 | |
|---|---|---|---|---|---|---|
951
SouthState Bank Corporation
SSB
$10.2B
| $7.71M | 0.01% |
161,765
+84,973
| +111% | +$4.05M |
|
952
Texas Roadhouse
TXRH
$11.1B
| $7.69M | 0.01% |
146,345
-3,347
| -2% | -$176K |
|
|
DISCA
953
DELISTED
Discovery, Inc. Series A Common Stock
DISCA
| $7.69M | 0.01% |
364,312
+3,506
| +1% | +$74K |
|
954
Lithia Motors
LAD
$8.56B
| $7.68M | 0.01% |
50,749
-756
| -1% | -$114K |
|
955
Plains All American Pipeline
PAA
$12.3B
| $7.67M | 0.01% |
867,412
+180,550
| +26% | +$1.6M |
|
956
Rayonier
RYN
$4.05B
| $7.66M | 0.01% |
324,778
+15,201
| +5% | +$359K |
|
957
Marriott Vacations Worldwide
VAC
$2.67B
| $7.65M | 0.01% |
93,048
-1,650
| -2% | -$136K |
|
958
Bath & Body Works
BBWI
$5.61B
| $7.64M | 0.01% |
630,955
-117
| -0% | -$1.42K |
|
959
CRISPR Therapeutics
CRSP
$5.12B
| $7.63M | 0.01% |
103,803
+73,478
| +242% | +$5.4M |
|
960
ASGN Inc
ASGN
$2.26B
| $7.59M | 0.01% |
113,849
-2,625
| -2% | -$175K |
|
961
United Bankshares
UBSI
$5.3B
| $7.58M | 0.01% |
273,949
+56,596
| +26% | +$1.57M |
|
962
PVH
PVH
$3.9B
| $7.57M | 0.01% |
157,543
-7,379
| -4% | -$355K |
|
963
AXIS Capital
AXS
$7.75B
| $7.57M | 0.01% |
186,586
-737
| -0.4% | -$29.9K |
|
|
SGI
964
Somnigroup International Inc.
SGI
$17.6B
| $7.57M | 0.01% |
420,664
+11,224
| +3% | +$202K |
|
|
GWPH
965
DELISTED
GW Pharmaceuticals Plc American Depositary Shares
GWPH
| $7.55M | 0.01% |
61,500
+200
| +0.3% | +$24.5K |
|
966
Popular Inc
BPOP
$8.34B
| $7.54M | 0.01% |
202,935
-15,810
| -7% | -$588K |
|
967
Semtech
SMTC
$5.23B
| $7.54M | 0.01% |
144,387
-4,179
| -3% | -$218K |
|
968
Integra LifeSciences
IART
$1.17B
| $7.54M | 0.01% |
160,367
+1,797
| +1% | +$84.4K |
|
969
Strategic Education
STRA
$1.98B
| $7.49M | 0.01% |
48,770
+1,020
| +2% | +$157K |
|
970
Envista
NVST
$3.49B
| $7.49M | 0.01% |
355,071
+38,353
| +12% | +$809K |
|
971
KBR
KBR
$6.36B
| $7.48M | 0.01% |
331,871
+3,353
| +1% | +$75.6K |
|
972
Glacier Bancorp
GBCI
$5.8B
| $7.48M | 0.01% |
211,964
+18,608
| +10% | +$657K |
|
973
FibroGen
FGEN
$48.6M
| $7.45M | 0.01% |
7,351
+359
| +5% | +$364K |
|
974
Zillow
ZG
$20.4B
| $7.44M | 0.01% |
129,482
+13,882
| +12% | +$798K |
|
975
Janus Henderson
JHG
$7.01B
| $7.43M | 0.01% |
351,299
-7,385
| -2% | -$156K |
|