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 | |
|---|---|---|---|---|---|---|
1326
Xencor
XNCR
$613M
| $3.97M | ﹤0.01% |
122,668
+17,231
| +16% | +$558K |
|
1327
Artisan Partners
APAM
$3.27B
| $3.97M | ﹤0.01% |
121,991
+8,489
| +7% | +$276K |
|
1328
Palomar
PLMR
$3.13B
| $3.96M | ﹤0.01% |
46,217
+19,042
| +70% | +$1.63M |
|
1329
BOK Financial
BOKF
$7.06B
| $3.96M | ﹤0.01% |
70,225
-1,306
| -2% | -$73.7K |
|
|
PMT
1330
PennyMac Mortgage Investment
PMT
$1.07B
| $3.96M | ﹤0.01% |
225,960
+18,028
| +9% | +$316K |
|
1331
National Storage Affiliates Trust
NSA
$2.45B
| $3.95M | ﹤0.01% |
137,876
+5,905
| +4% | +$169K |
|
|
AY
1332
DELISTED
Atlantica Sustainable Infrastructure plc Ordinary Shares
AY
| $3.95M | ﹤0.01% |
135,680
-1,096
| -0.8% | -$31.9K |
|
1333
Akebia Therapeutics
AKBA
$782M
| $3.94M | ﹤0.01% |
290,049
+26,569
| +10% | +$361K |
|
1334
Federal Signal
FSS
$7.64B
| $3.93M | ﹤0.01% |
132,299
-1,503
| -1% | -$44.7K |
|
1335
SPX Corp
SPXC
$9.21B
| $3.93M | ﹤0.01% |
95,579
-2,321
| -2% | -$95.5K |
|
1336
Openlane
KAR
$3.07B
| $3.93M | ﹤0.01% |
285,590
-5,875
| -2% | -$80.8K |
|
1337
AtriCure
ATRC
$1.74B
| $3.92M | ﹤0.01% |
87,264
+2,689
| +3% | +$121K |
|
|
PRNB
1338
DELISTED
Principia Biopharma Inc. Common Stock
PRNB
| $3.92M | ﹤0.01% |
65,476
+24,465
| +60% | +$1.46M |
|
1339
ServisFirst Bancshares
SFBS
$4.57B
| $3.91M | ﹤0.01% |
109,407
+2,277
| +2% | +$81.4K |
|
1340
Ryman Hospitality Properties
RHP
$6.31B
| $3.91M | ﹤0.01% |
112,936
+7,359
| +7% | +$255K |
|
|
DEA
1341
Easterly Government Properties
DEA
$1.07B
| $3.91M | ﹤0.01% |
67,592
+422
| +0.6% | +$24.4K |
|
1342
InterDigital
IDCC
$8.33B
| $3.9M | ﹤0.01% |
68,932
-2,082
| -3% | -$118K |
|
1343
WESCO International
WCC
$10.4B
| $3.89M | ﹤0.01% |
110,880
+16,848
| +18% | +$592K |
|
1344
PRA Group
PRAA
$657M
| $3.89M | ﹤0.01% |
100,519
-1,171
| -1% | -$45.3K |
|
1345
Progress Software
PRGS
$1.81B
| $3.87M | ﹤0.01% |
99,983
-4,101
| -4% | -$159K |
|
|
ALLK
1346
DELISTED
Allakos
ALLK
| $3.87M | ﹤0.01% |
53,895
+10,517
| +24% | +$756K |
|
1347
Boyd Gaming
BYD
$6.79B
| $3.87M | ﹤0.01% |
185,287
+5,702
| +3% | +$119K |
|
1348
Edgewell Personal Care
EPC
$1.01B
| $3.87M | ﹤0.01% |
124,256
+2,020
| +2% | +$62.9K |
|
1349
Chart Industries
GTLS
$8.95B
| $3.87M | ﹤0.01% |
79,825
-352
| -0.4% | -$17.1K |
|
1350
International Bancshares
IBOC
$4.39B
| $3.87M | ﹤0.01% |
120,891
-6,703
| -5% | -$215K |
|