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 | |
|---|---|---|---|---|---|---|
1151
National Vision
EYE
$1.82B
| $5.43M | 0.01% |
177,938
+3,644
| +2% | +$111K |
|
1152
Franklin Electric
FELE
$4.21B
| $5.43M | 0.01% |
103,289
-867
| -0.8% | -$45.5K |
|
1153
Bank of Hawaii
BOH
$2.7B
| $5.4M | 0.01% |
87,991
-1,598
| -2% | -$98.1K |
|
1154
CVB Financial
CVBF
$2.77B
| $5.4M | 0.01% |
288,018
-12,953
| -4% | -$243K |
|
1155
ABM Industries
ABM
$2.8B
| $5.39M | 0.01% |
148,467
-1,373
| -0.9% | -$49.8K |
|
|
WRI
1156
DELISTED
Weingarten Realty Investors
WRI
| $5.38M | 0.01% |
283,979
+5,635
| +2% | +$107K |
|
|
CBPO
1157
DELISTED
China Biologic Products Holdings, Inc.
CBPO
| $5.36M | 0.01% |
52,458
-8,301
| -14% | -$848K |
|
|
AGR
1158
DELISTED
Avangrid, Inc.
AGR
| $5.35M | 0.01% |
127,409
+437
| +0.3% | +$18.3K |
|
|
AMRN
1159
Amarin Corp
AMRN
$310M
| $5.35M | 0.01% |
38,621
+3,729
| +11% | +$516K |
|
1160
Kennametal
KMT
$1.58B
| $5.34M | 0.01% |
186,092
+2,153
| +1% | +$61.8K |
|
1161
Valmont Industries
VMI
$7.37B
| $5.33M | 0.01% |
46,930
-1,336
| -3% | -$152K |
|
|
UMPQ
1162
DELISTED
Umpqua Holdings Corp
UMPQ
| $5.33M | 0.01% |
500,463
-3,354
| -0.7% | -$35.7K |
|
|
MIC
1163
DELISTED
Macquarie Infrastructure Holdings, LLC
MIC
| $5.33M | 0.01% |
173,494
| – | – |
|
1164
Evercore
EVR
$13.2B
| $5.29M | 0.01% |
89,848
+89
| +0.1% | +$5.24K |
|
1165
Home BancShares
HOMB
$5.89B
| $5.28M | 0.01% |
343,544
-11,349
| -3% | -$175K |
|
1166
BridgeBio Pharma
BBIO
$9.79B
| $5.26M | 0.01% |
161,137
+113,909
| +241% | +$3.71M |
|
1167
Shenandoah Telecom
SHEN
$744M
| $5.26M | 0.01% |
106,618
-200
| -0.2% | -$9.86K |
|
1168
LivaNova
LIVN
$3.07B
| $5.25M | 0.01% |
109,017
+10,017
| +10% | +$482K |
|
|
STL
1169
DELISTED
Sterling Bancorp
STL
| $5.25M | 0.01% |
447,626
-1,534
| -0.3% | -$18K |
|
1170
Insperity
NSP
$1.99B
| $5.23M | 0.01% |
80,802
-2,566
| -3% | -$166K |
|
1171
Teradata
TDC
$2B
| $5.22M | 0.01% |
251,034
-7,526
| -3% | -$157K |
|
|
MIME
1172
DELISTED
Mimecast Limited
MIME
| $5.2M | 0.01% |
124,845
+60,193
| +93% | +$2.51M |
|
1173
Rapid7
RPD
$1.27B
| $5.2M | 0.01% |
101,900
-8,894
| -8% | -$454K |
|
|
PACW
1174
DELISTED
PacWest Bancorp
PACW
| $5.2M | 0.01% |
263,559
-4,997
| -2% | -$98.5K |
|
|
AEL
1175
DELISTED
American Equity Investment Life Holding Company
AEL
| $5.19M | 0.01% |
210,140
+1,873
| +0.9% | +$46.3K |
|