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 | |
|---|---|---|---|---|---|---|
|
STMP
1001
DELISTED
Stamps.com, Inc.
STMP
| $7.08M | 0.01% |
38,522
+1,168
| +3% | +$215K |
|
|
COHR
1002
DELISTED
Coherent Inc
COHR
| $7.07M | 0.01% |
53,981
+60
| +0.1% | +$7.86K |
|
1003
Air Lease Corp
AL
$7.1B
| $7.07M | 0.01% |
241,263
+1,356
| +0.6% | +$39.7K |
|
|
NEWR
1004
DELISTED
New Relic, Inc.
NEWR
| $7.06M | 0.01% |
102,500
-700
| -0.7% | -$48.2K |
|
1005
Fox Factory Holding Corp
FOXF
$1.14B
| $7.04M | 0.01% |
85,269
+940
| +1% | +$77.7K |
|
1006
Yeti Holdings
YETI
$2.88B
| $7.01M | 0.01% |
164,091
+66,403
| +68% | +$2.84M |
|
|
BHVN
1007
DELISTED
Biohaven Pharmaceutical Holding Company Ltd.
BHVN
| $7.01M | 0.01% |
95,868
+7,140
| +8% | +$522K |
|
1008
Adaptive Biotechnologies
ADPT
$1.92B
| $7.01M | 0.01% |
144,800
+112,700
| +351% | +$5.45M |
|
1009
Valley National Bancorp
VLY
$6.04B
| $7M | 0.01% |
895,642
+17,544
| +2% | +$137K |
|
1010
iRhythm Technologies
IRTC
$5.78B
| $7M | 0.01% |
60,421
+6,421
| +12% | +$744K |
|
1011
Sprouts Farmers Market
SFM
$13.3B
| $7M | 0.01% |
273,343
+6,203
| +2% | +$159K |
|
1012
Clean Harbors
CLH
$12.7B
| $6.99M | 0.01% |
116,473
-458
| -0.4% | -$27.5K |
|
|
FL
1013
DELISTED
Foot Locker
FL
| $6.98M | 0.01% |
239,403
+2,780
| +1% | +$81.1K |
|
1014
Blackstone Mortgage Trust
BXMT
$3.35B
| $6.98M | 0.01% |
289,755
-636
| -0.2% | -$15.3K |
|
1015
ACI Worldwide
ACIW
$5.18B
| $6.97M | 0.01% |
258,152
-452
| -0.2% | -$12.2K |
|
1016
PTC Therapeutics
PTCT
$4.85B
| $6.96M | 0.01% |
137,249
+2,764
| +2% | +$140K |
|
1017
EQT Corp
EQT
$31.8B
| $6.96M | 0.01% |
584,566
+1,079
| +0.2% | +$12.8K |
|
1018
Zurn Elkay Water Solutions
ZWS
$7.82B
| $6.96M | 0.01% |
495,402
+1,835
| +0.4% | +$25.8K |
|
1019
Synovus
SNV
$7.18B
| $6.95M | 0.01% |
338,646
+16,847
| +5% | +$346K |
|
1020
New Jersey Resources
NJR
$4.74B
| $6.95M | 0.01% |
212,862
+8,134
| +4% | +$266K |
|
1021
Cannae Holdings
CNNE
$1.11B
| $6.94M | 0.01% |
168,915
+11,964
| +8% | +$492K |
|
1022
Selective Insurance
SIGI
$4.81B
| $6.91M | 0.01% |
130,916
+589
| +0.5% | +$31.1K |
|
1023
Radian Group
RDN
$4.76B
| $6.9M | 0.01% |
445,031
-23,904
| -5% | -$371K |
|
1024
Interactive Brokers
IBKR
$28.4B
| $6.89M | 0.01% |
659,900
-23,840
| -3% | -$249K |
|
|
TXNM
1025
TXNM Energy, Inc.
TXNM
$5.99B
| $6.86M | 0.01% |
178,526
-425
| -0.2% | -$16.3K |
|