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 | |
|---|---|---|---|---|---|---|
976
ICU Medical
ICUI
$3.22B
| $7.43M | 0.01% |
40,299
+167
| +0.4% | +$30.8K |
|
977
MSC Industrial Direct
MSM
$5.09B
| $7.41M | 0.01% |
101,789
+1,800
| +2% | +$131K |
|
|
XIFR
978
XPLR Infrastructure, LP
XIFR
$947M
| $7.41M | 0.01% |
144,453
+17,926
| +14% | +$919K |
|
979
Mattel
MAT
$5.72B
| $7.4M | 0.01% |
764,916
+61,116
| +9% | +$591K |
|
|
PRSP
980
DELISTED
Perspecta Inc. Common Stock
PRSP
| $7.37M | 0.01% |
317,399
+1,081
| +0.3% | +$25.1K |
|
981
Carlyle Group
CG
$24.1B
| $7.37M | 0.01% |
264,214
+12,484
| +5% | +$348K |
|
|
PE
982
DELISTED
PARSLEY ENERGY INC
PE
| $7.37M | 0.01% |
690,105
+12,344
| +2% | +$132K |
|
983
Spire
SR
$4.49B
| $7.36M | 0.01% |
112,046
+1,274
| +1% | +$83.7K |
|
984
Southern Copper
SCCO
$86.2B
| $7.35M | 0.01% |
194,096
-256
| -0.1% | -$9.7K |
|
985
Stifel
SF
$11.8B
| $7.32M | 0.01% |
231,540
+2,257
| +1% | +$71.4K |
|
986
Freshpet
FRPT
$2.67B
| $7.32M | 0.01% |
87,469
+9,323
| +12% | +$780K |
|
987
RBC Bearings
RBC
$11.8B
| $7.31M | 0.01% |
54,541
+585
| +1% | +$78.4K |
|
988
Cogent Communications
CCOI
$1.77B
| $7.31M | 0.01% |
94,429
-1,557
| -2% | -$120K |
|
989
Kinsale Capital Group
KNSL
$10.1B
| $7.24M | 0.01% |
46,622
+1,095
| +2% | +$170K |
|
990
Melco Resorts & Entertainment
MLCO
$3.75B
| $7.23M | 0.01% |
465,672
-55,176
| -11% | -$856K |
|
991
Kirby Corp
KEX
$4.8B
| $7.22M | 0.01% |
134,806
+11,151
| +9% | +$597K |
|
992
NeoGenomics
NEO
$1.03B
| $7.22M | 0.01% |
232,976
+17,949
| +8% | +$556K |
|
993
Pinnacle Financial Partners
PNFP
$7.55B
| $7.21M | 0.01% |
171,621
+1,200
| +0.7% | +$50.4K |
|
994
RLI Corp
RLI
$6.14B
| $7.19M | 0.01% |
175,246
-3,982
| -2% | -$163K |
|
995
Kohl's
KSS
$1.71B
| $7.18M | 0.01% |
345,798
-9,960
| -3% | -$207K |
|
996
Murphy USA
MUSA
$7.53B
| $7.13M | 0.01% |
63,365
-2,903
| -4% | -$327K |
|
997
Azenta
AZTA
$1.36B
| $7.11M | 0.01% |
160,784
+14
| +0% | +$619 |
|
998
First Horizon
FHN
$11.4B
| $7.11M | 0.01% |
713,800
+9,565
| +1% | +$95.3K |
|
999
Rithm Capital
RITM
$6.57B
| $7.09M | 0.01% |
954,417
+12,951
| +1% | +$96.2K |
|
|
NVTA
1000
DELISTED
Invitae Corporation
NVTA
| $7.08M | 0.01% |
233,600
+55,310
| +31% | +$1.68M |
|