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 | |
|---|---|---|---|---|---|---|
1301
Workiva
WK
$4.34B
| $4.16M | ﹤0.01% |
77,700
-4,223
| -5% | -$226K |
|
1302
Kennedy-Wilson Holdings
KW
$1.24B
| $4.14M | ﹤0.01% |
272,206
+1,679
| +0.6% | +$25.6K |
|
|
PDCO
1303
DELISTED
Patterson Companies, Inc.
PDCO
| $4.13M | ﹤0.01% |
187,602
+1,300
| +0.7% | +$28.6K |
|
|
WWE
1304
DELISTED
World Wrestling Entertainment
WWE
| $4.12M | ﹤0.01% |
94,897
+6,779
| +8% | +$295K |
|
|
UNIT
1305
Uniti Group
UNIT
$1.71B
| $4.12M | ﹤0.01% |
440,536
+22,319
| +5% | +$209K |
|
1306
Sunstone Hotel Investors
SHO
$1.85B
| $4.12M | ﹤0.01% |
504,902
-19,874
| -4% | -$162K |
|
1307
Badger Meter
BMI
$5.24B
| $4.11M | ﹤0.01% |
65,382
+863
| +1% | +$54.3K |
|
1308
Westlake Corp
WLK
$11.3B
| $4.11M | ﹤0.01% |
76,616
-3,925
| -5% | -$211K |
|
1309
Pebblebrook Hotel Trust
PEB
$1.38B
| $4.09M | ﹤0.01% |
299,673
+10,016
| +3% | +$137K |
|
|
MDC
1310
DELISTED
M.D.C. Holdings, Inc.
MDC
| $4.09M | ﹤0.01% |
123,703
+1,584
| +1% | +$52.4K |
|
1311
Cardlytics
CDLX
$59.6M
| $4.06M | ﹤0.01% |
57,988
+25,249
| +77% | +$1.77M |
|
|
ELME
1312
Elme Communities
ELME
$1.51B
| $4.05M | ﹤0.01% |
182,622
+334
| +0.2% | +$7.41K |
|
1313
Hancock Whitney
HWC
$5.36B
| $4.05M | ﹤0.01% |
190,789
-5,800
| -3% | -$123K |
|
1314
Albany International
AIN
$1.71B
| $4.04M | ﹤0.01% |
68,838
-1,243
| -2% | -$73K |
|
1315
FS KKR Capital
FSK
$4.91B
| $4.04M | ﹤0.01% |
288,434
-2,203
| -0.8% | -$30.8K |
|
1316
Healthcare Services Group
HCSG
$1.16B
| $4.04M | ﹤0.01% |
165,058
-546
| -0.3% | -$13.4K |
|
1317
Dana Inc
DAN
$2.76B
| $4.02M | ﹤0.01% |
329,793
+7,958
| +2% | +$97K |
|
|
CHX
1318
DELISTED
ChampionX
CHX
| $4.01M | ﹤0.01% |
410,967
+238,233
| +138% | +$2.33M |
|
1319
NETSCOUT
NTCT
$1.8B
| $4.01M | ﹤0.01% |
156,847
-1,069
| -0.7% | -$27.3K |
|
1320
Monro
MNRO
$519M
| $4M | ﹤0.01% |
72,871
+136
| +0.2% | +$7.47K |
|
|
TPTX
1321
DELISTED
Turning Point Therapeutics, Inc. Common Stock
TPTX
| $4M | ﹤0.01% |
61,941
+198
| +0.3% | +$12.8K |
|
1322
Hyatt Hotels
H
$13.7B
| $4M | ﹤0.01% |
79,534
-3,181
| -4% | -$160K |
|
1323
Dorman Products
DORM
$4.93B
| $4M | ﹤0.01% |
59,602
-1,147
| -2% | -$76.9K |
|
1324
Atlantic Union Bankshares
AUB
$5.05B
| $3.99M | ﹤0.01% |
172,409
-5,371
| -3% | -$124K |
|
1325
PagerDuty
PD
$1.53B
| $3.99M | ﹤0.01% |
139,500
+52,000
| +59% | +$1.49M |
|