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 | |
|---|---|---|---|---|---|---|
2276
Monarch Casino & Resort
MCRI
$1.9B
| $951K | ﹤0.01% |
27,919
+2,678
| +11% | +$91.2K |
|
2277
Andersons Inc
ANDE
$1.38B
| $950K | ﹤0.01% |
69,015
+4,815
| +8% | +$66.3K |
|
|
KBAL
2278
DELISTED
Kimball International
KBAL
| $950K | ﹤0.01% |
82,193
+1,519
| +2% | +$17.6K |
|
|
DESP
2279
DELISTED
Despegar.com
DESP
| $948K | ﹤0.01% |
132,034
+49,334
| +60% | +$354K |
|
2280
American Public Education
APEI
$645M
| $946K | ﹤0.01% |
31,945
-2,500
| -7% | -$74K |
|
2281
Heidrick & Struggles
HSII
$1.03B
| $946K | ﹤0.01% |
43,738
+913
| +2% | +$19.7K |
|
2282
MEI Pharma
MEIP
| $945K | ﹤0.01% |
11,440
+9,005
| +370% | +$744K |
|
2283
Ocular Therapeutix
OCUL
$2.23B
| $945K | ﹤0.01% |
113,473
+83,873
| +283% | +$698K |
|
|
RTLR
2284
DELISTED
Rattler Midstream LP Common Units
RTLR
| $943K | ﹤0.01% |
97,173
-900
| -0.9% | -$8.73K |
|
2285
ProPetro Holding
PUMP
$484M
| $939K | ﹤0.01% |
182,700
+4,987
| +3% | +$25.6K |
|
2286
Adecoagro
AGRO
$806M
| $935K | ﹤0.01% |
215,521
+49,200
| +30% | +$213K |
|
|
AXDX
2287
DELISTED
Accelerate Diagnostics
AXDX
| $935K | ﹤0.01% |
6,170
+97
| +2% | +$14.7K |
|
2288
Zynex
ZYXI
$44.8M
| $935K | ﹤0.01% |
41,374
+25,927
| +168% | +$586K |
|
2289
B. Riley Financial
RILY
$190M
| $932K | ﹤0.01% |
42,850
-4,510
| -10% | -$98.1K |
|
|
ENBL
2290
DELISTED
ENABLE MIDSTREAM PARTNERS, LP
ENBL
| $931K | ﹤0.01% |
198,905
+100,905
| +103% | +$472K |
|
2291
A10 Networks
ATEN
$1.26B
| $930K | ﹤0.01% |
136,536
+28,086
| +26% | +$191K |
|
|
EVRI
2292
DELISTED
Everi Holdings
EVRI
| $930K | ﹤0.01% |
180,170
+19,003
| +12% | +$98.1K |
|
2293
Celsius Holdings
CELH
$14.9B
| $928K | ﹤0.01% |
+236,430
| New | +$928K |
|
|
FRG
2294
DELISTED
Franchise Group, Inc.
FRG
| $928K | ﹤0.01% |
+42,422
| New | +$928K |
|
|
SDC
2295
DELISTED
SmileDirectClub, Inc. Class A Common Stock
SDC
| $927K | ﹤0.01% |
117,300
-12,101
| -9% | -$95.6K |
|
2296
Gaia
GAIA
$152M
| $926K | ﹤0.01% |
110,482
| – | – |
|
2297
International Seaways
INSW
$2.33B
| $922K | ﹤0.01% |
56,434
-874
| -2% | -$14.3K |
|
2298
Tredegar Corp
TG
$279M
| $918K | ﹤0.01% |
59,608
+946
| +2% | +$14.6K |
|
2299
Scholar Rock
SRRK
$3.04B
| $916K | ﹤0.01% |
50,293
+32,947
| +190% | +$600K |
|
2300
Hawkins
HWKN
$3.62B
| $911K | ﹤0.01% |
42,772
-1,174
| -3% | -$25K |
|