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 | |
|---|---|---|---|---|---|---|
1551
Cytokinetics
CYTK
$6.12B
| $2.97M | ﹤0.01% |
125,841
+1,456
| +1% | +$34.3K |
|
|
ILPT
1552
Industrial Logistics Properties Trust
ILPT
$424M
| $2.95M | ﹤0.01% |
143,395
-700
| -0.5% | -$14.4K |
|
1553
First Interstate BancSystem
FIBK
$3.43B
| $2.94M | ﹤0.01% |
95,072
+9,024
| +10% | +$279K |
|
1554
Esperion Therapeutics
ESPR
$573M
| $2.94M | ﹤0.01% |
57,215
+800
| +1% | +$41.1K |
|
1555
Champion Homes, Inc.
SKY
$4.22B
| $2.93M | ﹤0.01% |
120,480
+8,206
| +7% | +$200K |
|
1556
NBT Bancorp
NBTB
$2.27B
| $2.92M | ﹤0.01% |
94,989
-1,717
| -2% | -$52.8K |
|
1557
Super Micro Computer
SMCI
$26.7B
| $2.9M | ﹤0.01% |
1,022,470
+649,470
| +174% | +$1.84M |
|
1558
Macerich
MAC
$4.58B
| $2.9M | ﹤0.01% |
323,484
+1,826
| +0.6% | +$16.4K |
|
|
ATSG
1559
DELISTED
Air Transport Services Group, Inc.
ATSG
| $2.9M | ﹤0.01% |
130,290
-774
| -0.6% | -$17.2K |
|
1560
Y-mAbs Therapeutics
YMAB
$390M
| $2.9M | ﹤0.01% |
67,124
+16,431
| +32% | +$710K |
|
1561
Addus HomeCare
ADUS
$2.03B
| $2.9M | ﹤0.01% |
31,285
+3,054
| +11% | +$283K |
|
1562
Kulicke & Soffa
KLIC
$2.01B
| $2.89M | ﹤0.01% |
138,956
-6,405
| -4% | -$133K |
|
1563
ATI
ATI
$10.5B
| $2.89M | ﹤0.01% |
283,384
+3,253
| +1% | +$33.2K |
|
1564
McGrath RentCorp
MGRC
$3.01B
| $2.88M | ﹤0.01% |
53,342
-518
| -1% | -$28K |
|
1565
Terex
TEX
$3.46B
| $2.88M | ﹤0.01% |
153,145
+6,991
| +5% | +$131K |
|
|
MINI
1566
DELISTED
Mobile Mini Inc
MINI
| $2.87M | ﹤0.01% |
97,410
-3,389
| -3% | -$100K |
|
1567
Vicor
VICR
$2.28B
| $2.87M | ﹤0.01% |
39,893
+254
| +0.6% | +$18.3K |
|
1568
Coty
COTY
$3.57B
| $2.87M | ﹤0.01% |
640,875
-9,530
| -1% | -$42.6K |
|
1569
Axos Financial
AX
$5.17B
| $2.86M | ﹤0.01% |
129,601
-2,419
| -2% | -$53.4K |
|
|
PTLA
1570
DELISTED
Portola Pharmaceuticals, Inc.
PTLA
| $2.86M | ﹤0.01% |
158,900
-10,906
| -6% | -$196K |
|
1571
SITE Centers
SITC
$463M
| $2.86M | ﹤0.01% |
451,821
+15,979
| +4% | +$101K |
|
1572
Penske Automotive Group
PAG
$11.9B
| $2.85M | ﹤0.01% |
73,723
-3,323
| -4% | -$129K |
|
1573
Heron Therapeutics
HRTX
$193M
| $2.85M | ﹤0.01% |
193,842
+22,542
| +13% | +$332K |
|
1574
Towne Bank
TOWN
$2.83B
| $2.84M | ﹤0.01% |
150,780
-863
| -0.6% | -$16.3K |
|
1575
Gray Television
GTN
$598M
| $2.84M | ﹤0.01% |
203,609
+707
| +0.3% | +$9.86K |
|