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 | |
|---|---|---|---|---|---|---|
|
RST
2326
DELISTED
ROSETTA STONE INC
RST
| $874K | ﹤0.01% |
51,847
+7,243
| +16% | +$122K |
|
2327
Luminar Technologies
LAZR
$129M
| $873K | ﹤0.01% |
5,447
+3,520
| +183% | +$564K |
|
2328
Conduent
CNDT
$445M
| $872K | ﹤0.01% |
365,055
+12,255
| +3% | +$29.3K |
|
2329
Peoples Bancorp
PEBO
$1.08B
| $871K | ﹤0.01% |
40,914
-6
| -0% | -$128 |
|
|
DCOM
2330
DELISTED
Dime Community Bancshares
DCOM
| $867K | ﹤0.01% |
63,163
-5,715
| -8% | -$78.4K |
|
2331
First Community Bankshares
FCBC
$680M
| $863K | ﹤0.01% |
38,420
+8,313
| +28% | +$187K |
|
2332
REX American Resources
REX
$1.01B
| $863K | ﹤0.01% |
37,305
+300
| +0.8% | +$6.94K |
|
2333
BJ's Restaurants
BJRI
$684M
| $862K | ﹤0.01% |
41,158
-1,400
| -3% | -$29.3K |
|
2334
KALA BIO
KALA
$131M
| $861K | ﹤0.01% |
+1,641
| New | +$861K |
|
2335
Spyre Therapeutics
SYRE
$945M
| $860K | ﹤0.01% |
3,720
+2,080
| +127% | +$481K |
|
|
SPPI
2336
DELISTED
Spectrum Pharmaceuticals Inc
SPPI
| $858K | ﹤0.01% |
253,920
+6,000
| +2% | +$20.3K |
|
|
SRG
2337
Seritage Growth Properties
SRG
$237M
| $857K | ﹤0.01% |
75,180
+100
| +0.1% | +$1.14K |
|
|
BFS
2338
Saul Centers
BFS
$785M
| $854K | ﹤0.01% |
26,469
-481
| -2% | -$15.5K |
|
2339
Mitek Systems
MITK
$467M
| $854K | ﹤0.01% |
88,881
+4,253
| +5% | +$40.9K |
|
2340
Castle Biosciences
CSTL
$621M
| $853K | ﹤0.01% |
+22,638
| New | +$853K |
|
2341
Open Lending Corp
LPRO
$252M
| $853K | ﹤0.01% |
+56,500
| New | +$853K |
|
2342
Valhi
VHI
$458M
| $851K | ﹤0.01% |
81,206
-1
| -0% | -$10 |
|
|
PRSU
2343
Pursuit Attractions and Hospitality, Inc.
PRSU
$1.04B
| $849K | ﹤0.01% |
44,639
-444
| -1% | -$8.45K |
|
|
BSTC
2344
DELISTED
BioSpecifics Technologies Corp.
BSTC
| $849K | ﹤0.01% |
13,852
+292
| +2% | +$17.9K |
|
2345
Hyster-Yale Materials Handling
HY
$634M
| $845K | ﹤0.01% |
21,870
+2,400
| +12% | +$92.7K |
|
2346
First Mid Bancshares
FMBH
$945M
| $844K | ﹤0.01% |
32,189
+1,600
| +5% | +$42K |
|
2347
Arrow Financial
AROW
$478M
| $843K | ﹤0.01% |
31,918
-49
| -0.2% | -$1.29K |
|
2348
Dime Community Bancshares
DCOM
$1.35B
| $841K | ﹤0.01% |
36,814
+4,100
| +13% | +$93.7K |
|
|
EVA
2349
DELISTED
Enviva Inc.
EVA
| $840K | ﹤0.01% |
23,304
| – | – |
|
2350
Taylor Devices
TAYD
$149M
| $839K | ﹤0.01% |
83,915
| – | – |
|