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 | |
|---|---|---|---|---|---|---|
1901
Domo
DOMO
$701M
| $1.66M | ﹤0.01% |
51,600
+16,900
| +49% | +$544K |
|
1902
John B. Sanfilippo & Son
JBSS
$737M
| $1.66M | ﹤0.01% |
19,458
-411
| -2% | -$35.1K |
|
1903
Enterprise Financial Services Corp
EFSC
$2.24B
| $1.66M | ﹤0.01% |
53,257
-800
| -1% | -$24.9K |
|
1904
BioCryst Pharmaceuticals
BCRX
$1.66B
| $1.65M | ﹤0.01% |
346,467
+14,812
| +4% | +$70.6K |
|
1905
Liberty Media Series A
FWONA
$22.5B
| $1.65M | ﹤0.01% |
59,056
+437
| +0.7% | +$12.2K |
|
1906
Herc Holdings
HRI
$4.2B
| $1.65M | ﹤0.01% |
53,657
+100
| +0.2% | +$3.07K |
|
1907
Seaboard Corp
SEB
$3.78B
| $1.65M | ﹤0.01% |
561
+26
| +5% | +$76.3K |
|
1908
Dynavax Technologies
DVAX
$1.1B
| $1.64M | ﹤0.01% |
185,118
+15,218
| +9% | +$135K |
|
1909
Calix
CALX
$4.01B
| $1.64M | ﹤0.01% |
110,141
+14,565
| +15% | +$217K |
|
|
HHR
1910
DELISTED
HeadHunter Group PLC American Depositary Shares
HHR
| $1.63M | ﹤0.01% |
69,755
+51,303
| +278% | +$1.2M |
|
1911
Photronics
PLAB
$1.33B
| $1.63M | ﹤0.01% |
146,180
-6,783
| -4% | -$75.5K |
|
1912
Oxford Industries
OXM
$701M
| $1.63M | ﹤0.01% |
36,922
-94
| -0.3% | -$4.14K |
|
1913
The Greenbrier Companies
GBX
$1.42B
| $1.62M | ﹤0.01% |
71,282
+5,782
| +9% | +$132K |
|
|
NTUS
1914
DELISTED
Natus Medical Inc
NTUS
| $1.62M | ﹤0.01% |
74,341
-700
| -0.9% | -$15.3K |
|
1915
The RealReal
REAL
$1.09B
| $1.61M | ﹤0.01% |
126,200
+108,400
| +609% | +$1.39M |
|
1916
Quince Therapeutics
QNCX
$85.9M
| $1.61M | ﹤0.01% |
34,770
+10,355
| +42% | +$479K |
|
|
WBT
1917
DELISTED
Welbilt, Inc.
WBT
| $1.61M | ﹤0.01% |
263,900
-25,413
| -9% | -$155K |
|
1918
Upland Software
UPLD
$71.6M
| $1.61M | ﹤0.01% |
46,200
-4,726
| -9% | -$164K |
|
|
MAGN
1919
Magnera Corporation
MAGN
$393M
| $1.6M | ﹤0.01% |
7,685
+121
| +2% | +$25.3K |
|
1920
OraSure Technologies
OSUR
$242M
| $1.6M | ﹤0.01% |
137,469
+700
| +0.5% | +$8.14K |
|
1921
Standex International
SXI
$2.47B
| $1.6M | ﹤0.01% |
27,748
-140
| -0.5% | -$8.06K |
|
1922
Heritage Financial
HFWA
$833M
| $1.59M | ﹤0.01% |
79,679
-1,800
| -2% | -$36K |
|
1923
First Bancorp
FBNC
$2.29B
| $1.59M | ﹤0.01% |
63,524
-1,632
| -3% | -$40.9K |
|
1924
National Beverage
FIZZ
$3.67B
| $1.59M | ﹤0.01% |
52,136
-400
| -0.8% | -$12.2K |
|
|
VAPO
1925
DELISTED
Vapotherm, Inc. Common Stock
VAPO
| $1.59M | ﹤0.01% |
4,850
+3,537
| +269% | +$1.16M |
|