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 | |
|---|---|---|---|---|---|---|
2026
Federal Agricultural Mortgage
AGM
$2.15B
| $1.35M | ﹤0.01% |
21,098
+232
| +1% | +$14.8K |
|
|
HEES
2027
DELISTED
H&E Equipment Services
HEES
| $1.35M | ﹤0.01% |
72,996
+751
| +1% | +$13.9K |
|
2028
Apogee Enterprises
APOG
$903M
| $1.34M | ﹤0.01% |
57,928
-1,649
| -3% | -$38K |
|
2029
Codexis
CDXS
$219M
| $1.34M | ﹤0.01% |
117,100
-491
| -0.4% | -$5.6K |
|
2030
SiriusPoint
SPNT
$2.22B
| $1.34M | ﹤0.01% |
177,815
+7,100
| +4% | +$53.3K |
|
2031
Golar LNG
GLNG
$4.16B
| $1.33M | ﹤0.01% |
184,200
-26,546
| -13% | -$192K |
|
|
NXGN
2032
DELISTED
NextGen Healthcare, Inc. Common Stock
NXGN
| $1.33M | ﹤0.01% |
121,349
-200
| -0.2% | -$2.2K |
|
|
ARR
2033
Armour Residential REIT
ARR
$1.72B
| $1.33M | ﹤0.01% |
28,319
+2,107
| +8% | +$99K |
|
2034
Orthofix Medical
OFIX
$589M
| $1.33M | ﹤0.01% |
41,433
+1,220
| +3% | +$39K |
|
|
DQ
2035
Daqo New Energy
DQ
$1.73B
| $1.33M | ﹤0.01% |
89,265
-17,165
| -16% | -$255K |
|
2036
Trustco Bank Corp NY
TRST
$746M
| $1.33M | ﹤0.01% |
41,858
-440
| -1% | -$13.9K |
|
|
PRVB
2037
DELISTED
Provention Bio, Inc. Common Stock
PRVB
| $1.32M | ﹤0.01% |
93,802
+24,728
| +36% | +$349K |
|
|
GB
2038
DELISTED
Global Blue Group Holding
GB
| $1.32M | ﹤0.01% |
129,100
+47,900
| +59% | +$491K |
|
2039
Nordic American Tanker
NAT
$669M
| $1.32M | ﹤0.01% |
324,055
+14,802
| +5% | +$60.1K |
|
2040
1st Source
SRCE
$1.55B
| $1.31M | ﹤0.01% |
36,847
+4,893
| +15% | +$174K |
|
|
BRSP
2041
BrightSpire Capital
BRSP
$764M
| $1.31M | ﹤0.01% |
186,580
+6,665
| +4% | +$46.8K |
|
2042
Skillsoft
SKIL
$108M
| $1.31M | ﹤0.01% |
+5,790
| New | +$1.31M |
|
2043
Preferred Bank
PFBC
$1.16B
| $1.31M | ﹤0.01% |
30,495
-100
| -0.3% | -$4.29K |
|
|
SHYF
2044
DELISTED
The Shyft Group
SHYF
| $1.31M | ﹤0.01% |
77,496
+300
| +0.4% | +$5.05K |
|
2045
Zumiez
ZUMZ
$347M
| $1.31M | ﹤0.01% |
47,655
+2,384
| +5% | +$65.3K |
|
|
EBIX
2046
DELISTED
Ebix Inc
EBIX
| $1.31M | ﹤0.01% |
58,373
+6,651
| +13% | +$149K |
|
2047
DHT Holdings
DHT
$1.98B
| $1.3M | ﹤0.01% |
254,130
+47,823
| +23% | +$245K |
|
2048
Gossamer Bio
GOSS
$787M
| $1.3M | ﹤0.01% |
100,300
+4,877
| +5% | +$63.4K |
|
|
TARO
2049
DELISTED
Taro Pharmaceutical Industries Ltd.
TARO
| $1.3M | ﹤0.01% |
19,574
-5,307
| -21% | -$353K |
|
2050
Ichor Holdings
ICHR
$579M
| $1.3M | ﹤0.01% |
48,824
-500
| -1% | -$13.3K |
|