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 | |
|---|---|---|---|---|---|---|
2201
MarineMax
HZO
$556M
| $1.05M | ﹤0.01% |
47,011
-95
| -0.2% | -$2.13K |
|
2202
Gates Industrial
GTES
$6.6B
| $1.05M | ﹤0.01% |
102,289
+14,845
| +17% | +$153K |
|
|
SP
2203
DELISTED
SP Plus Corporation
SP
| $1.05M | ﹤0.01% |
50,816
-851
| -2% | -$17.6K |
|
2204
Phathom Pharmaceuticals
PHAT
$840M
| $1.05M | ﹤0.01% |
31,924
+23,916
| +299% | +$787K |
|
|
UMH
2205
UMH Properties
UMH
$1.29B
| $1.05M | ﹤0.01% |
81,320
+26,500
| +48% | +$342K |
|
|
MOBL
2206
DELISTED
MobileIron, Inc.
MOBL
| $1.05M | ﹤0.01% |
212,954
+34,804
| +20% | +$172K |
|
2207
Johnson Outdoors
JOUT
$422M
| $1.05M | ﹤0.01% |
11,530
+300
| +3% | +$27.3K |
|
2208
Quanterix
QTRX
$224M
| $1.05M | ﹤0.01% |
38,300
+11,937
| +45% | +$327K |
|
2209
Air T
AIRT
| $1.05M | ﹤0.01% |
95,278
| – | – |
|
|
KREF
2210
KKR Real Estate Finance Trust
KREF
$630M
| $1.05M | ﹤0.01% |
63,186
+17,516
| +38% | +$291K |
|
|
NGM
2211
DELISTED
NGM Biopharmaceuticals, Inc. Common Stock
NGM
| $1.05M | ﹤0.01% |
52,988
+18,838
| +55% | +$372K |
|
|
CIO
2212
City Office REIT
CIO
$280M
| $1.05M | ﹤0.01% |
103,849
-17,794
| -15% | -$179K |
|
2213
Q32 Bio
QTTB
$23.5M
| $1.05M | ﹤0.01% |
3,822
+742
| +24% | +$203K |
|
2214
Univest Financial
UVSP
$886M
| $1.04M | ﹤0.01% |
64,563
-1,022
| -2% | -$16.5K |
|
2215
Quanex
NX
$661M
| $1.04M | ﹤0.01% |
74,906
-1,220
| -2% | -$16.9K |
|
|
DRRX
2216
DELISTED
DURECT Corp
DRRX
| $1.04M | ﹤0.01% |
44,787
+3,304
| +8% | +$76.6K |
|
2217
Buckle
BKE
$3.04B
| $1.04M | ﹤0.01% |
66,121
+755
| +1% | +$11.8K |
|
|
CFB
2218
DELISTED
CrossFirst Bankshares, Inc. Common Stock
CFB
| $1.04M | ﹤0.01% |
+106,052
| New | +$1.04M |
|
2219
Immunovant
IMVT
$2.82B
| $1.03M | ﹤0.01% |
+42,321
| New | +$1.03M |
|
2220
NGL Energy Partners
NGL
$740M
| $1.03M | ﹤0.01% |
264,457
-1,400
| -0.5% | -$5.46K |
|
|
ORTX
2221
DELISTED
Orchard Therapeutics plc American Depositary Shares
ORTX
| $1.03M | ﹤0.01% |
17,190
+16,080
| +1,449% | +$964K |
|
|
FBMS
2222
DELISTED
The First Bancshares, Inc.
FBMS
| $1.03M | ﹤0.01% |
45,705
+17,240
| +61% | +$388K |
|
2223
Ennis
EBF
$463M
| $1.03M | ﹤0.01% |
56,610
| – | – |
|
2224
Pitney Bowes
PBI
$1.96B
| $1.03M | ﹤0.01% |
395,010
+6,850
| +2% | +$17.8K |
|
|
TCDA
2225
DELISTED
Tricida, Inc. Common Stock
TCDA
| $1.03M | ﹤0.01% |
37,288
-11,253
| -23% | -$309K |
|