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 | |
|---|---|---|---|---|---|---|
|
GMS
1701
DELISTED
GMS Inc
GMS
| $2.33M | ﹤0.01% |
94,927
+3,017
| +3% | +$74.2K |
|
1702
Seacoast Banking Corp of Florida
SBCF
$2.71B
| $2.33M | ﹤0.01% |
114,356
+2,079
| +2% | +$42.4K |
|
|
ECOL
1703
DELISTED
US Ecology, Inc.
ECOL
| $2.33M | ﹤0.01% |
68,874
+15,218
| +28% | +$515K |
|
1704
Astec Industries
ASTE
$1.06B
| $2.32M | ﹤0.01% |
50,062
+1,334
| +3% | +$61.8K |
|
|
BBBY
1705
Bed Bath & Beyond, Inc.
BBBY
$596M
| $2.31M | ﹤0.01% |
81,400
+53,790
| +195% | +$1.53M |
|
1706
TriMas Corp
TRS
$1.59B
| $2.31M | ﹤0.01% |
96,614
-4,976
| -5% | -$119K |
|
|
INVX
1707
Innovex International, Inc.
INVX
$1.14B
| $2.31M | ﹤0.01% |
77,430
-3,105
| -4% | -$92.5K |
|
|
FOCS
1708
DELISTED
Focus Financial Partners Inc. Class A
FOCS
| $2.31M | ﹤0.01% |
69,797
+1,558
| +2% | +$51.5K |
|
|
WDR
1709
DELISTED
Waddell & Reed Financial, Inc.
WDR
| $2.3M | ﹤0.01% |
148,341
-9,101
| -6% | -$141K |
|
|
UHT
1710
Universal Health Realty Income Trust
UHT
$575M
| $2.29M | ﹤0.01% |
28,863
-100
| -0.3% | -$7.95K |
|
1711
Calavo Growers
CVGW
$489M
| $2.29M | ﹤0.01% |
36,397
+398
| +1% | +$25K |
|
1712
Coherus Oncology, Inc. Common Stock
CHRS
$150M
| $2.29M | ﹤0.01% |
128,130
-11,354
| -8% | -$203K |
|
|
DCP
1713
DELISTED
DCP Midstream, LP
DCP
| $2.29M | ﹤0.01% |
202,321
-4,803
| -2% | -$54.3K |
|
1714
Compass Diversified
CODI
$527M
| $2.28M | ﹤0.01% |
132,447
+1,243
| +0.9% | +$21.4K |
|
1715
Black Stone Minerals
BSM
$2.65B
| $2.28M | ﹤0.01% |
350,415
+169,551
| +94% | +$1.1M |
|
1716
Enpro
NPO
$4.64B
| $2.28M | ﹤0.01% |
46,203
-557
| -1% | -$27.5K |
|
1717
City Holding Co
CHCO
$1.83B
| $2.27M | ﹤0.01% |
34,882
-500
| -1% | -$32.6K |
|
1718
Deluxe
DLX
$881M
| $2.27M | ﹤0.01% |
96,305
-1,350
| -1% | -$31.8K |
|
1719
OceanFirst Financial
OCFC
$1.04B
| $2.27M | ﹤0.01% |
128,568
+6,988
| +6% | +$123K |
|
1720
PBF Energy
PBF
$3.18B
| $2.25M | ﹤0.01% |
220,094
-47,077
| -18% | -$482K |
|
|
SAFE
1721
DELISTED
Safehold Inc.
SAFE
| $2.25M | ﹤0.01% |
39,135
+15,075
| +63% | +$867K |
|
1722
Alamo Group
ALG
$2.49B
| $2.24M | ﹤0.01% |
21,813
-120
| -0.5% | -$12.3K |
|
1723
Park National Corp
PRK
$2.72B
| $2.23M | ﹤0.01% |
31,705
+2,098
| +7% | +$148K |
|
1724
Workhorse Group
WKHS
$17.7M
| $2.23M | ﹤0.01% |
513
+361
| +238% | +$1.57M |
|
1725
Virgin Galactic
SPCE
$191M
| $2.23M | ﹤0.01% |
6,813
+1,413
| +26% | +$462K |
|