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 | |
|---|---|---|---|---|---|---|
1126
Madison Square Garden
MSGS
$5.12B
| $5.66M | 0.01% |
38,549
-15,579
| -29% | -$2.29M |
|
1127
Insmed
INSM
$30.8B
| $5.64M | 0.01% |
204,900
+23,400
| +13% | +$644K |
|
1128
Ormat Technologies
ORA
$5.53B
| $5.62M | 0.01% |
88,490
-2,111
| -2% | -$134K |
|
1129
eHealth
EHTH
$122M
| $5.61M | 0.01% |
57,134
+5,648
| +11% | +$555K |
|
1130
Varonis Systems
VRNS
$6.3B
| $5.61M | 0.01% |
190,200
-10,239
| -5% | -$302K |
|
1131
Taylor Morrison
TMHC
$6.88B
| $5.6M | 0.01% |
290,032
-5,418
| -2% | -$105K |
|
1132
Builders FirstSource
BLDR
$15.8B
| $5.57M | 0.01% |
269,053
+3,302
| +1% | +$68.3K |
|
1133
FNB Corp
FNB
$5.89B
| $5.56M | 0.01% |
741,766
-7,196
| -1% | -$54K |
|
1134
Green Dot
GDOT
$751M
| $5.56M | 0.01% |
113,350
+14,746
| +15% | +$724K |
|
1135
TriNet
TNET
$3.35B
| $5.56M | 0.01% |
91,168
-7,633
| -8% | -$465K |
|
1136
PotlatchDeltic
PCH
$3.2B
| $5.56M | 0.01% |
146,064
-2,097
| -1% | -$79.8K |
|
1137
Crocs
CROX
$4.23B
| $5.55M | 0.01% |
150,749
-4,820
| -3% | -$177K |
|
1138
Houlihan Lokey
HLI
$14.4B
| $5.53M | 0.01% |
99,331
+2,873
| +3% | +$160K |
|
|
CHNG
1139
DELISTED
Change Healthcare Inc. Common Stock
CHNG
| $5.53M | 0.01% |
493,400
+16,847
| +4% | +$189K |
|
1140
Travel + Leisure Co
TNL
$4.02B
| $5.52M | 0.01% |
195,955
-10,852
| -5% | -$306K |
|
1141
Avista
AVA
$2.95B
| $5.48M | 0.01% |
150,687
+2,395
| +2% | +$87.1K |
|
1142
Treehouse Foods
THS
$882M
| $5.48M | 0.01% |
125,156
+814
| +0.7% | +$35.7K |
|
1143
TEGNA Inc
TGNA
$3.39B
| $5.48M | 0.01% |
491,815
-642
| -0.1% | -$7.15K |
|
1144
Park Hotels & Resorts
PK
$2.39B
| $5.48M | 0.01% |
553,841
+20,100
| +4% | +$199K |
|
|
IBKC
1145
DELISTED
IBERIABANK Corp
IBKC
| $5.47M | 0.01% |
120,031
-68
| -0.1% | -$3.1K |
|
1146
Applied Industrial Technologies
AIT
$9.94B
| $5.46M | 0.01% |
87,568
-978
| -1% | -$61K |
|
1147
Element Solutions
ESI
$6.36B
| $5.46M | 0.01% |
503,194
+10,137
| +2% | +$110K |
|
1148
Advanced Drainage Systems
WMS
$11B
| $5.46M | 0.01% |
110,523
+9,428
| +9% | +$466K |
|
1149
Integer Holdings
ITGR
$3.55B
| $5.46M | 0.01% |
74,731
+797
| +1% | +$58.2K |
|
1150
Casella Waste Systems
CWST
$5.79B
| $5.45M | 0.01% |
104,522
-300
| -0.3% | -$15.6K |
|