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 | |
|---|---|---|---|---|---|---|
|
SPWR
2051
DELISTED
SunPower Corporation Common Stock
SPWR
| $1.3M | ﹤0.01% |
258,426
+58,322
| +29% | +$292K |
|
2052
G-III Apparel Group
GIII
$1.12B
| $1.29M | ﹤0.01% |
97,372
-1,000
| -1% | -$13.3K |
|
2053
Pennant Group
PNTG
$884M
| $1.29M | ﹤0.01% |
57,256
+900
| +2% | +$20.3K |
|
2054
Korro Bio
KRRO
$289M
| $1.29M | ﹤0.01% |
+1,111
| New | +$1.29M |
|
2055
Cass Information Systems
CASS
$565M
| $1.29M | ﹤0.01% |
32,999
+305
| +0.9% | +$11.9K |
|
2056
Matthews International
MATW
$763M
| $1.29M | ﹤0.01% |
67,429
-1,876
| -3% | -$35.8K |
|
|
WIFI
2057
DELISTED
Boingo Wireless, Inc.
WIFI
| $1.29M | ﹤0.01% |
96,731
+100
| +0.1% | +$1.33K |
|
|
MCHB
2058
Mechanics Bancorp Class A Common Stock
MCHB
$3.03B
| $1.29M | ﹤0.01% |
52,265
+867
| +2% | +$21.3K |
|
2059
United Fire Group
UFCS
$807M
| $1.28M | ﹤0.01% |
46,332
-1,725
| -4% | -$47.8K |
|
2060
BioXcel Therapeutics
BTAI
$49.8M
| $1.28M | ﹤0.01% |
1,511
-4,960
| -77% | -$4.21M |
|
2061
Wabash National
WNC
$457M
| $1.28M | ﹤0.01% |
120,530
+672
| +0.6% | +$7.14K |
|
|
RPT
2062
DELISTED
RPT Realty Common Shares of Beneficial Interest (MD)
RPT
| $1.28M | ﹤0.01% |
183,926
+8,173
| +5% | +$56.9K |
|
2063
PDF Solutions
PDFS
$765M
| $1.28M | ﹤0.01% |
65,306
-20,427
| -24% | -$399K |
|
|
BPFH
2064
DELISTED
Boston Private Financial Holdings, Inc.
BPFH
| $1.28M | ﹤0.01% |
185,604
-3,300
| -2% | -$22.7K |
|
2065
Kforce
KFRC
$567M
| $1.28M | ﹤0.01% |
43,626
-2,143
| -5% | -$62.7K |
|
2066
RE/MAX Holdings
RMAX
$195M
| $1.28M | ﹤0.01% |
40,552
+23
| +0.1% | +$723 |
|
|
LBAI
2067
DELISTED
Lakeland Bancorp Inc
LBAI
| $1.27M | ﹤0.01% |
111,041
+234
| +0.2% | +$2.67K |
|
2068
V2X
VVX
$1.7B
| $1.27M | ﹤0.01% |
25,801
+200
| +0.8% | +$9.83K |
|
2069
Surmodics
SRDX
$457M
| $1.26M | ﹤0.01% |
29,222
+100
| +0.3% | +$4.33K |
|
|
BPYU
2070
DELISTED
Brookfield Property REIT Inc. Class A Common Stock
BPYU
| $1.26M | ﹤0.01% |
126,804
-20,370
| -14% | -$203K |
|
2071
HealthStream
HSTM
$855M
| $1.26M | ﹤0.01% |
57,018
-900
| -2% | -$19.9K |
|
2072
Levi Strauss
LEVI
$8.67B
| $1.26M | ﹤0.01% |
94,127
-600
| -0.6% | -$8.04K |
|
2073
Vericel Corp
VCEL
$1.62B
| $1.26M | ﹤0.01% |
91,000
-200
| -0.2% | -$2.77K |
|
2074
Varex Imaging
VREX
$469M
| $1.26M | ﹤0.01% |
82,966
-800
| -1% | -$12.1K |
|
2075
Washington Trust Bancorp
WASH
$573M
| $1.26M | ﹤0.01% |
38,320
+4,735
| +14% | +$155K |
|