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 | |
|---|---|---|---|---|---|---|
1401
Tenable Holdings
TENB
$3.62B
| $3.67M | ﹤0.01% |
123,200
+46,400
| +60% | +$1.38M |
|
1402
Moelis & Co
MC
$5.54B
| $3.67M | ﹤0.01% |
117,739
+8,727
| +8% | +$272K |
|
1403
CNX Resources
CNX
$4.25B
| $3.66M | ﹤0.01% |
422,969
+4,619
| +1% | +$40K |
|
1404
Editas Medicine
EDIT
$242M
| $3.66M | ﹤0.01% |
123,602
+8,407
| +7% | +$249K |
|
1405
Ironwood Pharmaceuticals
IRWD
$213M
| $3.64M | ﹤0.01% |
353,005
+5,735
| +2% | +$59.2K |
|
1406
Yelp
YELP
$1.95B
| $3.64M | ﹤0.01% |
157,162
+3,467
| +2% | +$80.2K |
|
1407
CareTrust REIT
CTRE
$7.62B
| $3.63M | ﹤0.01% |
211,675
-767
| -0.4% | -$13.2K |
|
1408
Texas Capital Bancshares
TCBI
$3.98B
| $3.63M | ﹤0.01% |
117,597
+2,496
| +2% | +$77K |
|
|
HTO
1409
H2O America Common Stock
HTO
$1.75B
| $3.63M | ﹤0.01% |
58,425
-641
| -1% | -$39.8K |
|
1410
Adtalem Global Education
ATGE
$4.94B
| $3.63M | ﹤0.01% |
116,396
-2,381
| -2% | -$74.2K |
|
1411
MACOM Technology Solutions
MTSI
$9.82B
| $3.62M | ﹤0.01% |
105,457
+3,254
| +3% | +$112K |
|
1412
Corcept Therapeutics
CORT
$7.68B
| $3.62M | ﹤0.01% |
214,944
+1,748
| +0.8% | +$29.4K |
|
1413
Topgolf Callaway Brands
MODG
$1.76B
| $3.61M | ﹤0.01% |
206,377
-1,589
| -0.8% | -$27.8K |
|
|
TERP
1414
DELISTED
TerraForm Power, Inc
TERP
| $3.61M | ﹤0.01% |
195,997
+14,479
| +8% | +$267K |
|
1415
Adeia
ADEA
$1.71B
| $3.61M | ﹤0.01% |
925,159
+504,078
| +120% | +$1.97M |
|
|
RPAI
1416
DELISTED
RETAIL PROPERTIES OF AMERICA, INC.
RPAI
| $3.61M | ﹤0.01% |
493,566
+16,265
| +3% | +$119K |
|
1417
RLJ Lodging Trust
RLJ
$1.15B
| $3.61M | ﹤0.01% |
382,021
-9,959
| -3% | -$94K |
|
1418
Commault Systems
CVLT
$7.82B
| $3.6M | ﹤0.01% |
93,008
+143
| +0.2% | +$5.53K |
|
1419
Onto Innovation
ONTO
$5.44B
| $3.58M | ﹤0.01% |
105,038
-2,168
| -2% | -$73.8K |
|
1420
Ligand Pharmaceuticals
LGND
$3.23B
| $3.57M | ﹤0.01% |
51,173
-9,962
| -16% | -$695K |
|
|
TRTN
1421
DELISTED
Triton International Limited
TRTN
| $3.57M | ﹤0.01% |
118,051
-4,304
| -4% | -$130K |
|
|
FLOW
1422
DELISTED
SPX FLOW, Inc.
FLOW
| $3.57M | ﹤0.01% |
95,262
+231
| +0.2% | +$8.65K |
|
1423
Ameris Bancorp
ABCB
$5.1B
| $3.57M | ﹤0.01% |
151,172
+15,122
| +11% | +$357K |
|
|
CVET
1424
DELISTED
Covetrus, Inc. Common Stock
CVET
| $3.55M | ﹤0.01% |
198,600
-18,068
| -8% | -$323K |
|
|
AQUA
1425
DELISTED
Evoqua Water Technologies Corp. Common Stock
AQUA
| $3.55M | ﹤0.01% |
190,975
+22,020
| +13% | +$410K |
|