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 | |
|---|---|---|---|---|---|---|
|
FMBI
1451
DELISTED
First Midwest Bancorp Inc/IL
FMBI
| $3.4M | ﹤0.01% |
254,892
+12,407
| +5% | +$166K |
|
1452
Yext
YEXT
$1.07B
| $3.4M | ﹤0.01% |
204,600
+8,300
| +4% | +$138K |
|
1453
Horace Mann Educators
HMN
$1.94B
| $3.4M | ﹤0.01% |
92,436
-1,227
| -1% | -$45.1K |
|
|
ARI
1454
Apollo Commercial Real Estate
ARI
$1.51B
| $3.39M | ﹤0.01% |
345,029
-184
| -0.1% | -$1.81K |
|
|
TWNK
1455
DELISTED
Hostess Brands, Inc. Class A Common Stock
TWNK
| $3.38M | ﹤0.01% |
276,961
+10,951
| +4% | +$134K |
|
1456
Hamilton Lane
HLNE
$6.53B
| $3.38M | ﹤0.01% |
50,175
+53
| +0.1% | +$3.57K |
|
|
PGRE
1457
Paramount Group
PGRE
$1.57B
| $3.38M | ﹤0.01% |
438,375
-4,042
| -0.9% | -$31.2K |
|
|
ALTR
1458
DELISTED
Altair Engineering Inc. Class A Common Stock
ALTR
| $3.38M | ﹤0.01% |
85,000
+3,500
| +4% | +$139K |
|
1459
Walker & Dunlop
WD
$2.93B
| $3.38M | ﹤0.01% |
66,457
+904
| +1% | +$45.9K |
|
1460
Ambarella
AMBA
$3.43B
| $3.38M | ﹤0.01% |
73,721
+2,088
| +3% | +$95.6K |
|
1461
Denali Therapeutics
DNLI
$2.07B
| $3.37M | ﹤0.01% |
139,172
+30,499
| +28% | +$737K |
|
1462
Ubiquiti
UI
$36.6B
| $3.36M | ﹤0.01% |
19,253
-640
| -3% | -$112K |
|
1463
Mueller Industries
MLI
$11B
| $3.36M | ﹤0.01% |
252,802
-1,524
| -0.6% | -$20.3K |
|
|
BEAT
1464
DELISTED
BioTelemetry, Inc.
BEAT
| $3.35M | ﹤0.01% |
74,227
+200
| +0.3% | +$9.04K |
|
1465
Kratos Defense & Security Solutions
KTOS
$11.7B
| $3.35M | ﹤0.01% |
214,200
+13,719
| +7% | +$214K |
|
|
EGOV
1466
DELISTED
NIC Inc
EGOV
| $3.34M | ﹤0.01% |
145,558
-642
| -0.4% | -$14.7K |
|
|
CXP
1467
DELISTED
COLUMBIA PROPERTY TRUST, INC.
CXP
| $3.33M | ﹤0.01% |
253,563
-3,300
| -1% | -$43.4K |
|
1468
Cerence
CRNC
$450M
| $3.33M | ﹤0.01% |
81,414
-200
| -0.2% | -$8.17K |
|
1469
Westamerica Bancorp
WABC
$1.24B
| $3.32M | ﹤0.01% |
57,768
-292
| -0.5% | -$16.8K |
|
1470
Golub Capital BDC
GBDC
$3.93B
| $3.31M | ﹤0.01% |
284,456
+146,035
| +106% | +$1.7M |
|
1471
First Merchants
FRME
$2.31B
| $3.29M | ﹤0.01% |
119,469
-1,728
| -1% | -$47.6K |
|
1472
8x8 Inc
EGHT
$286M
| $3.29M | ﹤0.01% |
205,600
+10,400
| +5% | +$166K |
|
1473
Glaukos
GKOS
$4.75B
| $3.29M | ﹤0.01% |
85,600
+6,300
| +8% | +$242K |
|
1474
News Corp Class B
NWS
$18.2B
| $3.29M | ﹤0.01% |
274,940
-749
| -0.3% | -$8.95K |
|
|
SIX
1475
DELISTED
Six Flags Entertainment Corp.
SIX
| $3.29M | ﹤0.01% |
171,053
-8,965
| -5% | -$172K |
|