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 | |
|---|---|---|---|---|---|---|
1201
First Hawaiian
FHB
$3.19B
| $5.01M | ﹤0.01% |
290,675
-2,964
| -1% | -$51.1K |
|
1202
Aaon
AAON
$6.7B
| $5M | ﹤0.01% |
138,270
-603
| -0.4% | -$21.8K |
|
1203
FormFactor
FORM
$2.32B
| $5M | ﹤0.01% |
170,561
+2,341
| +1% | +$68.7K |
|
1204
Merit Medical Systems
MMSI
$5.07B
| $5M | ﹤0.01% |
109,600
+401
| +0.4% | +$18.3K |
|
1205
Quaker Houghton
KWR
$2.46B
| $4.99M | ﹤0.01% |
26,900
-2,524
| -9% | -$469K |
|
1206
MGE Energy Inc
MGEE
$3.08B
| $4.99M | ﹤0.01% |
77,300
-830
| -1% | -$53.5K |
|
1207
Watts Water Technologies
WTS
$9.39B
| $4.98M | ﹤0.01% |
61,442
-799
| -1% | -$64.7K |
|
1208
Bandwidth Inc
BAND
$495M
| $4.97M | ﹤0.01% |
39,128
+3,352
| +9% | +$426K |
|
|
DCPH
1209
DELISTED
Deciphera Pharmaceuticals, Inc. Common Stock
DCPH
| $4.97M | ﹤0.01% |
83,209
+38,394
| +86% | +$2.29M |
|
1210
Sensient Technologies
SXT
$4.52B
| $4.96M | ﹤0.01% |
95,121
+163
| +0.2% | +$8.5K |
|
|
ADSW
1211
DELISTED
Advanced Disposal Services, Inc.
ADSW
| $4.96M | ﹤0.01% |
164,400
+1,238
| +0.8% | +$37.4K |
|
1212
Independent Bank
INDB
$3.56B
| $4.95M | ﹤0.01% |
73,752
-659
| -0.9% | -$44.2K |
|
1213
Capri Holdings
CPRI
$2.43B
| $4.94M | ﹤0.01% |
315,841
-2,898
| -0.9% | -$45.3K |
|
1214
Viasat
VSAT
$4.1B
| $4.92M | ﹤0.01% |
128,256
+421
| +0.3% | +$16.2K |
|
1215
Acadia Healthcare
ACHC
$2.01B
| $4.91M | ﹤0.01% |
195,424
+900
| +0.5% | +$22.6K |
|
1216
Kornit Digital
KRNT
$647M
| $4.91M | ﹤0.01% |
91,962
+23,545
| +34% | +$1.26M |
|
1217
Chewy
CHWY
$14.4B
| $4.88M | ﹤0.01% |
109,200
-800
| -0.7% | -$35.8K |
|
1218
Ingevity
NGVT
$2.12B
| $4.87M | ﹤0.01% |
92,582
-1,410
| -2% | -$74.1K |
|
|
EPAY
1219
DELISTED
Bottomline Technologies Inc
EPAY
| $4.86M | ﹤0.01% |
95,803
-700
| -0.7% | -$35.5K |
|
1220
Cleveland-Cliffs
CLF
$5.78B
| $4.86M | ﹤0.01% |
879,553
-5,721
| -0.6% | -$31.6K |
|
1221
Winnebago Industries
WGO
$949M
| $4.85M | ﹤0.01% |
72,812
+2,418
| +3% | +$161K |
|
1222
Cabot Corp
CBT
$4.2B
| $4.85M | ﹤0.01% |
130,831
+275
| +0.2% | +$10.2K |
|
1223
Diodes
DIOD
$2.44B
| $4.85M | ﹤0.01% |
95,585
-1,405
| -1% | -$71.2K |
|
1224
The Ensign Group
ENSG
$9.69B
| $4.82M | ﹤0.01% |
115,242
-212
| -0.2% | -$8.87K |
|
1225
Associated Banc-Corp
ASB
$4.35B
| $4.81M | ﹤0.01% |
351,258
-9,244
| -3% | -$126K |
|