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 | |
|---|---|---|---|---|---|---|
1426
Zymeworks
ZYME
$1.19B
| $3.55M | ﹤0.01% |
98,458
+11,652
| +13% | +$420K |
|
|
SAVE
1427
DELISTED
Spirit Airlines, Inc.
SAVE
| $3.54M | ﹤0.01% |
198,917
+45,236
| +29% | +$805K |
|
1428
Installed Building Products
IBP
$7.27B
| $3.54M | ﹤0.01% |
51,405
-60
| -0.1% | -$4.13K |
|
|
UCB
1429
United Community Banks, Inc.
UCB
$3.94B
| $3.53M | ﹤0.01% |
175,260
-5,209
| -3% | -$105K |
|
1430
Simply Good Foods
SMPL
$2.73B
| $3.5M | ﹤0.01% |
188,607
+3,375
| +2% | +$62.7K |
|
1431
Otter Tail
OTTR
$3.48B
| $3.5M | ﹤0.01% |
90,160
+951
| +1% | +$36.9K |
|
1432
Kodiak Sciences
KOD
$489M
| $3.5M | ﹤0.01% |
64,606
+10,379
| +19% | +$562K |
|
1433
B&G Foods
BGS
$360M
| $3.48M | ﹤0.01% |
142,748
-4,252
| -3% | -$104K |
|
1434
Medifast
MED
$154M
| $3.47M | ﹤0.01% |
25,001
+300
| +1% | +$41.6K |
|
1435
HUB Group
HUBG
$2.2B
| $3.47M | ﹤0.01% |
144,810
-2,398
| -2% | -$57.4K |
|
1436
Global Net Lease
GNL
$1.81B
| $3.46M | ﹤0.01% |
207,081
+6,416
| +3% | +$107K |
|
1437
Gibraltar Industries
ROCK
$1.78B
| $3.46M | ﹤0.01% |
72,156
-303
| -0.4% | -$14.5K |
|
1438
Adverum Biotechnologies
ADVM
$63.4M
| $3.46M | ﹤0.01% |
16,571
+3,925
| +31% | +$820K |
|
|
CMD
1439
DELISTED
Cantel Medical Corporation
CMD
| $3.46M | ﹤0.01% |
78,115
-226
| -0.3% | -$10K |
|
1440
Trustmark
TRMK
$2.43B
| $3.45M | ﹤0.01% |
140,788
-5,788
| -4% | -$142K |
|
|
PS
1441
DELISTED
Pluralsight, Inc. Class A Common Stock
PS
| $3.45M | ﹤0.01% |
191,200
+63,551
| +50% | +$1.15M |
|
1442
Asbury Automotive
ABG
$4.8B
| $3.45M | ﹤0.01% |
44,566
+509
| +1% | +$39.4K |
|
1443
Boise Cascade
BCC
$3.2B
| $3.44M | ﹤0.01% |
91,420
+2,051
| +2% | +$77.1K |
|
1444
Plains GP Holdings
PAGP
$3.7B
| $3.44M | ﹤0.01% |
386,189
+5,660
| +1% | +$50.4K |
|
1445
Cedar Fair
FUN
$2.38B
| $3.43M | ﹤0.01% |
124,561
-3,248
| -3% | -$89.3K |
|
|
IBTX
1446
DELISTED
Independent Bank Group, Inc.
IBTX
| $3.42M | ﹤0.01% |
84,377
+4,988
| +6% | +$202K |
|
|
NGHC
1447
DELISTED
National General Holdings Corp
NGHC
| $3.41M | ﹤0.01% |
157,985
+3,856
| +3% | +$83.3K |
|
|
FIT
1448
DELISTED
Fitbit, Inc. Class A common stock
FIT
| $3.41M | ﹤0.01% |
528,267
+17,415
| +3% | +$113K |
|
|
SHLX
1449
DELISTED
Shell Midstream Partners, L.P.
SHLX
| $3.41M | ﹤0.01% |
277,967
-11,521
| -4% | -$141K |
|
1450
Under Armour Class C
UA
$2.04B
| $3.41M | ﹤0.01% |
385,800
-11,300
| -3% | -$99.9K |
|