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 | |
|---|---|---|---|---|---|---|
|
BMTC
2101
DELISTED
Bryn Mawr Bank Corp
BMTC
| $1.21M | ﹤0.01% |
43,636
-1,729
| -4% | -$47.8K |
|
2102
Children's Place
PLCE
$155M
| $1.21M | ﹤0.01% |
32,218
-525
| -2% | -$19.7K |
|
|
FSP
2103
Franklin Street Properties
FSP
$174M
| $1.21M | ﹤0.01% |
236,754
+1,910
| +0.8% | +$9.72K |
|
|
AGEN
2104
Agenus
AGEN
$143M
| $1.2M | ﹤0.01% |
15,603
+3,403
| +28% | +$263K |
|
2105
USA Compression Partners
USAC
$2.96B
| $1.2M | ﹤0.01% |
110,743
+37,220
| +51% | +$404K |
|
|
EBSB
2106
DELISTED
Meridian Bancorp, Inc.
EBSB
| $1.2M | ﹤0.01% |
103,577
-3,100
| -3% | -$35.9K |
|
|
NVEE
2107
DELISTED
NV5 Global
NVEE
| $1.2M | ﹤0.01% |
94,384
+2,448
| +3% | +$31.1K |
|
2108
Oaktree Specialty Lending
OCSL
$1.21B
| $1.2M | ﹤0.01% |
89,317
+12,768
| +17% | +$171K |
|
2109
Brookdale Senior Living
BKD
$1.78B
| $1.2M | ﹤0.01% |
405,762
-4,700
| -1% | -$13.9K |
|
|
MIK
2110
DELISTED
Michaels Stores, Inc
MIK
| $1.2M | ﹤0.01% |
169,353
-10,653
| -6% | -$75.3K |
|
|
EGRX
2111
DELISTED
Eagle Pharmaceuticals, Inc.
EGRX
| $1.19M | ﹤0.01% |
24,892
+4,313
| +21% | +$207K |
|
|
EIDX
2112
DELISTED
Eidos Therapeutics, Inc. Common Stock
EIDX
| $1.19M | ﹤0.01% |
25,038
-900
| -3% | -$42.9K |
|
|
TECX
2113
Tectonic Therapeutic, Inc. Common Stock
TECX
$332M
| $1.19M | ﹤0.01% |
5,695
+2,107
| +59% | +$441K |
|
2114
CSP Inc
CSPI
$110M
| $1.19M | ﹤0.01% |
293,232
| – | – |
|
|
CMO
2115
DELISTED
Capstead Mortgage Corp.
CMO
| $1.19M | ﹤0.01% |
216,626
+4,086
| +2% | +$22.4K |
|
2116
Stoneridge
SRI
$228M
| $1.19M | ﹤0.01% |
57,435
-1,346
| -2% | -$27.8K |
|
2117
Tucows
TCX
$204M
| $1.19M | ﹤0.01% |
20,666
+1,466
| +8% | +$84.1K |
|
2118
Phibro Animal Health
PAHC
$1.61B
| $1.18M | ﹤0.01% |
45,079
-300
| -0.7% | -$7.88K |
|
2119
Triumph Financial, Inc.
TFIN
$1.4B
| $1.18M | ﹤0.01% |
48,732
-2,110
| -4% | -$51.2K |
|
|
BITA
2120
DELISTED
Bitauto Holdings Limited
BITA
| $1.18M | ﹤0.01% |
74,123
+4,757
| +7% | +$75.4K |
|
2121
Kelly Services Class A
KELYA
$481M
| $1.17M | ﹤0.01% |
74,227
-1,317
| -2% | -$20.8K |
|
2122
BlackRock TCP Capital
TCPC
$605M
| $1.17M | ﹤0.01% |
128,200
-3,800
| -3% | -$34.7K |
|
2123
Anika Therapeutics
ANIK
$125M
| $1.17M | ﹤0.01% |
30,939
+635
| +2% | +$24K |
|
|
QIWI
2124
DELISTED
QIWI PLC
QIWI
| $1.17M | ﹤0.01% |
67,344
-44,122
| -40% | -$764K |
|
2125
OrthoPediatrics
KIDS
$493M
| $1.16M | ﹤0.01% |
26,458
+7,858
| +42% | +$344K |
|