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 | |
|---|---|---|---|---|---|---|
|
RCM
1626
DELISTED
R1 RCM Inc. Common Stock
RCM
| $2.64M | ﹤0.01% |
236,529
-298
| -0.1% | -$3.32K |
|
1627
Tennant Co
TNC
$1.5B
| $2.63M | ﹤0.01% |
40,451
+300
| +0.7% | +$19.5K |
|
|
BMY.RT
1628
DELISTED
Bristol-Myers Squibb Company Contingent Value Rights
BMY.RT
| $2.63M | ﹤0.01% |
733,900
-438,644
| -37% | -$1.57M |
|
1629
Veracyte
VCYT
$2.43B
| $2.62M | ﹤0.01% |
101,200
-5,263
| -5% | -$136K |
|
|
AVYA
1630
DELISTED
Avaya Holdings Corp. Common Stock
AVYA
| $2.61M | ﹤0.01% |
211,306
-3,830
| -2% | -$47.3K |
|
1631
ICF International
ICFI
$1.83B
| $2.61M | ﹤0.01% |
40,274
-622
| -2% | -$40.3K |
|
|
ARCE
1632
DELISTED
Arco Platform Limited Class A Common Shares
ARCE
| $2.61M | ﹤0.01% |
60,021
+29,340
| +96% | +$1.28M |
|
|
KAMN
1633
DELISTED
Kaman Corp
KAMN
| $2.59M | ﹤0.01% |
62,306
-258
| -0.4% | -$10.7K |
|
1634
AMERISAFE
AMSF
$841M
| $2.59M | ﹤0.01% |
42,346
-200
| -0.5% | -$12.2K |
|
1635
Hercules Capital
HTGC
$3.53B
| $2.59M | ﹤0.01% |
247,400
+20,900
| +9% | +$219K |
|
|
MFA
1636
MFA Financial
MFA
$1.04B
| $2.58M | ﹤0.01% |
258,634
+2,076
| +0.8% | +$20.7K |
|
|
SASR
1637
DELISTED
Sandy Spring Bancorp Inc
SASR
| $2.57M | ﹤0.01% |
103,820
+23,979
| +30% | +$594K |
|
1638
Sleep Number
SNBR
$214M
| $2.57M | ﹤0.01% |
61,731
-1,465
| -2% | -$61K |
|
1639
Sonos
SONO
$1.83B
| $2.57M | ﹤0.01% |
175,696
+16,397
| +10% | +$240K |
|
1640
Group 1 Automotive
GPI
$6.03B
| $2.57M | ﹤0.01% |
38,941
-2,226
| -5% | -$147K |
|
1641
Rush Enterprises Class A
RUSHA
$4.33B
| $2.57M | ﹤0.01% |
139,174
-281
| -0.2% | -$5.18K |
|
1642
DiamondRock Hospitality
DRH
$1.71B
| $2.56M | ﹤0.01% |
462,612
-2,147
| -0.5% | -$11.9K |
|
1643
Qfin Holdings, Inc. American Depositary Shares
QFIN
$3.76B
| $2.56M | ﹤0.01% |
238,857
+151,011
| +172% | +$1.62M |
|
|
ARGO
1644
DELISTED
Argo Group International Holdings, Ltd.
ARGO
| $2.56M | ﹤0.01% |
73,421
-405
| -0.5% | -$14.1K |
|
|
SWAV
1645
DELISTED
Shockwave Medical, Inc. Common Stock
SWAV
| $2.55M | ﹤0.01% |
53,900
-2,848
| -5% | -$135K |
|
1646
Carpenter Technology
CRS
$12B
| $2.55M | ﹤0.01% |
105,025
+100
| +0.1% | +$2.43K |
|
1647
Kadant
KAI
$3.69B
| $2.54M | ﹤0.01% |
25,493
+1,059
| +4% | +$106K |
|
1648
Hope Bancorp
HOPE
$1.4B
| $2.54M | ﹤0.01% |
275,524
-3,404
| -1% | -$31.4K |
|
1649
Regenxbio
RGNX
$465M
| $2.54M | ﹤0.01% |
68,900
+900
| +1% | +$33.2K |
|
1650
Middlesex Water
MSEX
$971M
| $2.53M | ﹤0.01% |
37,717
+2,023
| +6% | +$136K |
|