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 | |
|---|---|---|---|---|---|---|
|
HA
1976
DELISTED
Hawaiian Holdings, Inc.
HA
| $1.46M | ﹤0.01% |
103,618
+700
| +0.7% | +$9.83K |
|
1977
Scorpio Tankers
STNG
$2.99B
| $1.45M | ﹤0.01% |
113,157
+13,866
| +14% | +$178K |
|
1978
Inogen
INGN
$231M
| $1.45M | ﹤0.01% |
40,806
+78
| +0.2% | +$2.77K |
|
1979
Patterson-UTI
PTEN
$2.13B
| $1.45M | ﹤0.01% |
417,446
-12,006
| -3% | -$41.7K |
|
1980
Veeco
VECO
$1.52B
| $1.45M | ﹤0.01% |
107,427
-72,507
| -40% | -$978K |
|
1981
ACM Research
ACMR
$1.92B
| $1.45M | ﹤0.01% |
69,657
+42,255
| +154% | +$878K |
|
1982
Abercrombie & Fitch
ANF
$4.12B
| $1.45M | ﹤0.01% |
136,124
-3,500
| -3% | -$37.2K |
|
1983
SLR Investment Corp
SLRC
$877M
| $1.45M | ﹤0.01% |
90,424
+416
| +0.5% | +$6.66K |
|
|
PFC
1984
DELISTED
Premier Financial Corp. Common Stock
PFC
| $1.45M | ﹤0.01% |
81,774
-313
| -0.4% | -$5.53K |
|
1985
Ingles Markets
IMKTA
$1.32B
| $1.44M | ﹤0.01% |
33,430
+900
| +3% | +$38.8K |
|
1986
Sportsman's Warehouse
SPWH
$117M
| $1.44M | ﹤0.01% |
100,908
+58,880
| +140% | +$839K |
|
1987
Ambac
AMBC
$413M
| $1.44M | ﹤0.01% |
100,375
-1,795
| -2% | -$25.7K |
|
|
TPIC
1988
DELISTED
TPI Composites
TPIC
| $1.44M | ﹤0.01% |
61,400
+2,500
| +4% | +$58.4K |
|
1989
Relmada Therapeutics
RLMD
$52.8M
| $1.43M | ﹤0.01% |
+31,904
| New | +$1.43M |
|
|
TVRD
1990
Tvardi Therapeutics, Inc. Common Stock
TVRD
$318M
| $1.42M | ﹤0.01% |
2,314
-149
| -6% | -$91.7K |
|
1991
CorVel
CRVL
$4.39B
| $1.42M | ﹤0.01% |
60,066
+978
| +2% | +$23.1K |
|
|
PAE
1992
DELISTED
PAE Incorporated Class A Common Stock
PAE
| $1.42M | ﹤0.01% |
148,469
+69,169
| +87% | +$661K |
|
1993
Alaunos Therapeutics
TCRT
$5.1M
| $1.42M | ﹤0.01% |
2,876
+451
| +19% | +$222K |
|
1994
St. Joe Company
JOE
$3.01B
| $1.41M | ﹤0.01% |
72,756
+19,400
| +36% | +$377K |
|
1995
CTS Corp
CTS
$1.23B
| $1.41M | ﹤0.01% |
70,412
-1,871
| -3% | -$37.5K |
|
1996
Antero Resources
AR
$10.2B
| $1.41M | ﹤0.01% |
553,391
-4,227
| -0.8% | -$10.7K |
|
1997
Pathward Financial
CASH
$1.72B
| $1.4M | ﹤0.01% |
77,251
+416
| +0.5% | +$7.56K |
|
1998
York Water
YORW
$445M
| $1.4M | ﹤0.01% |
29,252
+7,992
| +38% | +$383K |
|
|
ATCO
1999
DELISTED
Atlas Corp.
ATCO
| $1.4M | ﹤0.01% |
184,464
-68,407
| -27% | -$520K |
|
2000
Oceaneering
OII
$2.43B
| $1.4M | ﹤0.01% |
219,246
-1,100
| -0.5% | -$7.03K |
|