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 | |
|---|---|---|---|---|---|---|
1076
Enovis
ENOV
$1.81B
| $6.22M | 0.01% |
129,522
+8,849
| +7% | +$425K |
|
|
MNTV
1077
DELISTED
Momentive Global Inc. Common Stock
MNTV
| $6.21M | 0.01% |
263,782
+70,662
| +37% | +$1.66M |
|
1078
Caesars Entertainment
CZR
$5.22B
| $6.2M | 0.01% |
154,830
+20,474
| +15% | +$820K |
|
1079
NewMarket
NEU
$7.87B
| $6.2M | 0.01% |
15,477
-15
| -0.1% | -$6.01K |
|
1080
FirstCash
FCFS
$6.49B
| $6.19M | 0.01% |
91,699
-2,622
| -3% | -$177K |
|
1081
LiveRamp
RAMP
$1.73B
| $6.18M | 0.01% |
145,554
-4,769
| -3% | -$203K |
|
1082
WNS Holdings
WNS
$3.25B
| $6.15M | 0.01% |
111,905
-2,618
| -2% | -$144K |
|
1083
STAAR Surgical
STAA
$1.37B
| $6.14M | 0.01% |
99,814
+9,214
| +10% | +$567K |
|
1084
Unifirst Corp
UNF
$3.18B
| $6.14M | 0.01% |
34,314
-1,032
| -3% | -$185K |
|
|
XEC
1085
DELISTED
CIMAREX ENERGY CO
XEC
| $6.14M | 0.01% |
223,330
-5,466
| -2% | -$150K |
|
1086
EnerSys
ENS
$4B
| $6.13M | 0.01% |
95,238
-1,599
| -2% | -$103K |
|
1087
Choice Hotels
CHH
$5.22B
| $6.13M | 0.01% |
77,677
+2,041
| +3% | +$161K |
|
1088
SLM Corp
SLM
$5.86B
| $6.12M | 0.01% |
869,882
-96,065
| -10% | -$675K |
|
1089
Millicom
TIGO
$7.94B
| $6.1M | 0.01% |
+233,315
| New | +$6.1M |
|
|
EE
1090
DELISTED
El Paso Electric Company
EE
| $6.09M | 0.01% |
90,876
+510
| +0.6% | +$34.2K |
|
1091
LXP Industrial Trust
LXP
$2.72B
| $6.05M | 0.01% |
572,997
+19,722
| +4% | +$208K |
|
|
JBTM
1092
JBT Marel Corporation
JBTM
$7.14B
| $6.04M | 0.01% |
70,226
-84
| -0.1% | -$7.23K |
|
1093
Vertiv
VRT
$51.5B
| $6.04M | 0.01% |
445,302
+300,331
| +207% | +$4.07M |
|
1094
WD-40
WDFC
$2.86B
| $6.03M | 0.01% |
30,431
-537
| -2% | -$106K |
|
1095
First Citizens BancShares
FCNCA
$25.5B
| $6.01M | 0.01% |
14,831
-1,461
| -9% | -$592K |
|
1096
Plug Power
PLUG
$1.76B
| $5.98M | 0.01% |
728,465
+160,928
| +28% | +$1.32M |
|
1097
White Mountains Insurance
WTM
$4.54B
| $5.95M | 0.01% |
6,703
-233
| -3% | -$207K |
|
1098
Werner Enterprises
WERN
$1.68B
| $5.95M | 0.01% |
136,614
+34,183
| +33% | +$1.49M |
|
|
MNDT
1099
DELISTED
Mandiant, Inc. Common Stock
MNDT
| $5.94M | 0.01% |
487,785
+41,347
| +9% | +$503K |
|
|
PSB
1100
DELISTED
PS Business Parks, Inc.
PSB
| $5.93M | 0.01% |
44,807
-129
| -0.3% | -$17.1K |
|