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 | |
|---|---|---|---|---|---|---|
2126
Adtran
ADTN
$809M
| $1.15M | ﹤0.01% |
105,609
-400
| -0.4% | -$4.37K |
|
2127
Arcos Dorados Holdings
ARCO
$1.43B
| $1.15M | ﹤0.01% |
282,880
+41,645
| +17% | +$170K |
|
2128
Myers Industries
MYE
$587M
| $1.15M | ﹤0.01% |
79,267
+20,230
| +34% | +$294K |
|
2129
Co-Diagnostics
CODX
$13.1M
| $1.15M | ﹤0.01% |
+59,432
| New | +$1.15M |
|
2130
e.l.f. Beauty
ELF
$7.67B
| $1.15M | ﹤0.01% |
60,285
+100
| +0.2% | +$1.91K |
|
|
IGMS
2131
DELISTED
IGM Biosciences
IGMS
| $1.15M | ﹤0.01% |
15,745
-10,637
| -40% | -$776K |
|
2132
Black Diamond Therapeutics
BDTX
$185M
| $1.15M | ﹤0.01% |
+27,224
| New | +$1.15M |
|
|
BBT
2133
Beacon Financial Corporation
BBT
$2.17B
| $1.15M | ﹤0.01% |
104,191
+1,502
| +1% | +$16.5K |
|
2134
MYR Group
MYRG
$2.73B
| $1.15M | ﹤0.01% |
35,980
+200
| +0.6% | +$6.38K |
|
2135
Ardelyx
ARDX
$1.59B
| $1.14M | ﹤0.01% |
165,218
+57,929
| +54% | +$401K |
|
|
TRTX
2136
TPG RE Finance Trust
TRTX
$742M
| $1.14M | ﹤0.01% |
132,710
+22,432
| +20% | +$193K |
|
2137
iHeartMedia
IHRT
$389M
| $1.14M | ﹤0.01% |
136,355
+80,977
| +146% | +$676K |
|
2138
Universal Insurance Holdings
UVE
$719M
| $1.14M | ﹤0.01% |
64,114
-4,491
| -7% | -$79.7K |
|
|
PING
2139
DELISTED
Ping Identity Holding Corp.
PING
| $1.13M | ﹤0.01% |
35,315
+7,803
| +28% | +$250K |
|
|
ALX
2140
Alexander's
ALX
$1.25B
| $1.13M | ﹤0.01% |
4,701
| – | – |
|
2141
Nicolet Bankshares
NIC
$2B
| $1.13M | ﹤0.01% |
20,660
+4,955
| +32% | +$271K |
|
2142
Camden National
CAC
$684M
| $1.13M | ﹤0.01% |
32,736
-700
| -2% | -$24.2K |
|
|
TPC
2143
Tutor Perini Corporation
TPC
$3.37B
| $1.13M | ﹤0.01% |
92,885
+4,207
| +5% | +$51.2K |
|
2144
Neurogene
NGNE
$271M
| $1.13M | ﹤0.01% |
3,402
+1,747
| +106% | +$580K |
|
2145
PC Connection
CNXN
$1.6B
| $1.13M | ﹤0.01% |
24,355
-600
| -2% | -$27.8K |
|
2146
Helix Energy Solutions
HLX
$914M
| $1.13M | ﹤0.01% |
325,189
+9,276
| +3% | +$32.2K |
|
2147
Weis Markets
WMK
$1.75B
| $1.13M | ﹤0.01% |
22,487
+9,507
| +73% | +$476K |
|
2148
Northfield Bancorp
NFBK
$492M
| $1.13M | ﹤0.01% |
97,763
+600
| +0.6% | +$6.91K |
|
2149
Corbus Pharmaceuticals
CRBP
$116M
| $1.13M | ﹤0.01% |
4,470
+347
| +8% | +$87.3K |
|
2150
Krystal Biotech
KRYS
$4.16B
| $1.13M | ﹤0.01% |
27,168
+3,789
| +16% | +$157K |
|