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 | |
|---|---|---|---|---|---|---|
|
SWN
1501
DELISTED
Southwestern Energy Company
SWN
| $3.17M | ﹤0.01% |
1,239,045
+9,830
| +0.8% | +$25.2K |
|
|
EPZM
1502
DELISTED
Epizyme, Inc
EPZM
| $3.17M | ﹤0.01% |
197,339
+23,247
| +13% | +$373K |
|
1503
Urban Edge Properties
UE
$2.66B
| $3.16M | ﹤0.01% |
266,436
+10,307
| +4% | +$122K |
|
|
INOV
1504
DELISTED
Inovalon Holdings, Inc. Class A Common Stock
INOV
| $3.16M | ﹤0.01% |
164,197
+2,161
| +1% | +$41.6K |
|
|
NS
1505
DELISTED
NuStar Energy L.P.
NS
| $3.15M | ﹤0.01% |
220,730
+16,134
| +8% | +$230K |
|
|
SWCH
1506
DELISTED
Switch, Inc. Class A Common Stock
SWCH
| $3.15M | ﹤0.01% |
176,802
+42,431
| +32% | +$756K |
|
1507
MillerKnoll
MLKN
$1.4B
| $3.15M | ﹤0.01% |
133,431
-1,217
| -0.9% | -$28.7K |
|
1508
Cimpress
CMPR
$1.4B
| $3.15M | ﹤0.01% |
41,210
-2,094
| -5% | -$160K |
|
1509
Cushman & Wakefield
CWK
$3.85B
| $3.14M | ﹤0.01% |
251,974
+1,157
| +0.5% | +$14.4K |
|
1510
Navient
NAVI
$1.28B
| $3.14M | ﹤0.01% |
446,224
-6,224
| -1% | -$43.8K |
|
1511
Afya
AFYA
$1.42B
| $3.12M | ﹤0.01% |
133,273
+99,795
| +298% | +$2.34M |
|
1512
First Financial Bancorp
FFBC
$2.46B
| $3.12M | ﹤0.01% |
224,880
+6,005
| +3% | +$83.4K |
|
|
ITCI
1513
DELISTED
Intra-Cellular Therapies Inc.
ITCI
| $3.12M | ﹤0.01% |
121,680
+20,332
| +20% | +$522K |
|
|
CTB
1514
DELISTED
Cooper Tire & Rubber Co.
CTB
| $3.12M | ﹤0.01% |
113,112
+265
| +0.2% | +$7.32K |
|
|
AAT
1515
American Assets Trust
AAT
$1.27B
| $3.12M | ﹤0.01% |
112,111
+3,859
| +4% | +$107K |
|
1516
Patrick Industries
PATK
$3.67B
| $3.12M | ﹤0.01% |
76,352
+1,197
| +2% | +$48.9K |
|
1517
Cal-Maine
CALM
$5.37B
| $3.12M | ﹤0.01% |
70,075
-3,501
| -5% | -$156K |
|
|
NAV
1518
DELISTED
Navistar International
NAV
| $3.11M | ﹤0.01% |
110,442
-100
| -0.1% | -$2.82K |
|
|
VRE
1519
Veris Residential
VRE
$1.49B
| $3.11M | ﹤0.01% |
203,533
+6,422
| +3% | +$98.2K |
|
1520
Forward Air
FWRD
$904M
| $3.11M | ﹤0.01% |
62,379
-1,163
| -2% | -$57.9K |
|
|
RVNC
1521
DELISTED
Revance Therapeutics, Inc.
RVNC
| $3.11M | ﹤0.01% |
127,282
+33,282
| +35% | +$813K |
|
1522
Sphere Entertainment
SPHR
$2.1B
| $3.11M | ﹤0.01% |
+41,427
| New | +$3.11M |
|
1523
Central Garden & Pet Class A
CENTA
$2.03B
| $3.1M | ﹤0.01% |
114,504
-2,585
| -2% | -$69.9K |
|
|
LMNX
1524
DELISTED
Luminex Corp
LMNX
| $3.09M | ﹤0.01% |
94,997
+1,523
| +2% | +$49.5K |
|
|
TWO
1525
Two Harbors Investment
TWO
$1.05B
| $3.08M | ﹤0.01% |
152,990
+1,130
| +0.7% | +$22.8K |
|