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 | |
|---|---|---|---|---|---|---|
2251
Xenon Pharmaceuticals
XENE
$2.79B
| $979K | ﹤0.01% |
78,107
+28,252
| +57% | +$354K |
|
|
MEET
2252
DELISTED
The Meet Group, Inc. Common Stock
MEET
| $979K | ﹤0.01% |
156,885
+15,758
| +11% | +$98.3K |
|
2253
FB Financial Corp
FBK
$2.86B
| $978K | ﹤0.01% |
39,468
+1,620
| +4% | +$40.1K |
|
2254
Bank of Marin Bancorp
BMRC
$398M
| $975K | ﹤0.01% |
29,244
-203
| -0.7% | -$6.77K |
|
2255
PAR Technology
PAR
$1.79B
| $973K | ﹤0.01% |
32,500
+8,965
| +38% | +$268K |
|
2256
Replimune Group
REPL
$447M
| $973K | ﹤0.01% |
39,145
+28,527
| +269% | +$709K |
|
|
DBD
2257
DELISTED
Diebold Nixdorf Incorporated
DBD
| $973K | ﹤0.01% |
160,581
-12,667
| -7% | -$76.8K |
|
|
TA
2258
DELISTED
TravelCenters of America LLC
TA
| $970K | ﹤0.01% |
62,978
| – | – |
|
|
GTS
2259
DELISTED
Triple-S Management Corporation
GTS
| $967K | ﹤0.01% |
50,829
-34
| -0.1% | -$647 |
|
2260
LeMaitre Vascular
LMAT
$2.09B
| $966K | ﹤0.01% |
36,587
+106
| +0.3% | +$2.8K |
|
2261
Guess, Inc.
GES
$869M
| $963K | ﹤0.01% |
99,583
-2,809
| -3% | -$27.2K |
|
2262
Heritage Commerce
HTBK
$624M
| $963K | ﹤0.01% |
128,378
+6,113
| +5% | +$45.9K |
|
2263
SM Energy
SM
$3.07B
| $963K | ﹤0.01% |
256,817
+7,679
| +3% | +$28.8K |
|
|
RESI
2264
DELISTED
Front Yard Residential Corporation Common Stock
RESI
| $963K | ﹤0.01% |
110,706
+400
| +0.4% | +$3.48K |
|
|
MTLS
2265
Materialise
MTLS
$302M
| $962K | ﹤0.01% |
42,634
+7,348
| +21% | +$166K |
|
2266
Crinetics Pharmaceuticals
CRNX
$3.2B
| $960K | ﹤0.01% |
54,800
+35,700
| +187% | +$625K |
|
|
COWN
2267
DELISTED
Cowen Inc. Class A Common Stock
COWN
| $959K | ﹤0.01% |
59,176
-4,425
| -7% | -$71.7K |
|
2268
MGP Ingredients
MGPI
$596M
| $958K | ﹤0.01% |
26,100
-361
| -1% | -$13.3K |
|
|
TGH
2269
DELISTED
Textainer Group Holdings limited
TGH
| $958K | ﹤0.01% |
117,067
+30,446
| +35% | +$249K |
|
|
VRS
2270
DELISTED
Verso Corporation
VRS
| $958K | ﹤0.01% |
80,133
+25,690
| +47% | +$307K |
|
2271
Viking Therapeutics
VKTX
$2.79B
| $957K | ﹤0.01% |
132,700
+400
| +0.3% | +$2.89K |
|
2272
Garrett Motion
GTX
$2.64B
| $956K | ﹤0.01% |
172,515
+5,759
| +3% | +$31.9K |
|
|
CTT
2273
DELISTED
CATCHMARK TIMBER TRUST, INC.
CTT
| $953K | ﹤0.01% |
107,660
+34,560
| +47% | +$306K |
|
2274
Designer Brands
DBI
$225M
| $952K | ﹤0.01% |
140,670
+1,415
| +1% | +$9.58K |
|
|
ECOM
2275
DELISTED
CHANNELADVISOR CORPORATION
ECOM
| $952K | ﹤0.01% |
60,132
+14,800
| +33% | +$234K |
|