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 | |
|---|---|---|---|---|---|---|
2351
Clear Channel Outdoor Holdings
CCO
$651M
| $837K | ﹤0.01% |
804,732
+737,765
| +1,102% | +$767K |
|
|
CATC
2352
DELISTED
CAMBRIDGE BANCORP
CATC
| $836K | ﹤0.01% |
14,115
+9,222
| +188% | +$546K |
|
2353
Manchester United
MANU
$2.8B
| $835K | ﹤0.01% |
52,723
+4,922
| +10% | +$78K |
|
|
BCEL
2354
DELISTED
Atreca, Inc. Class A Common Stock
BCEL
| $834K | ﹤0.01% |
+39,185
| New | +$834K |
|
2355
CytomX Therapeutics
CTMX
$330M
| $833K | ﹤0.01% |
100,012
+8,212
| +9% | +$68.4K |
|
2356
VirnetX
VHC
$74.7M
| $833K | ﹤0.01% |
6,405
-411
| -6% | -$53.5K |
|
|
ZIXI
2357
DELISTED
Zix Corporation
ZIXI
| $831K | ﹤0.01% |
120,493
+1,600
| +1% | +$11K |
|
2358
Ducommun
DCO
$1.39B
| $830K | ﹤0.01% |
23,817
-100
| -0.4% | -$3.49K |
|
|
UBA
2359
DELISTED
Urstadt Biddle Properties Inc. Class A
UBA
| $830K | ﹤0.01% |
69,868
+3,312
| +5% | +$39.3K |
|
2360
Star Group
SGU
$387M
| $829K | ﹤0.01% |
94,552
+61,079
| +182% | +$536K |
|
|
FLIC
2361
DELISTED
First of Long Island Corp
FLIC
| $826K | ﹤0.01% |
50,526
-800
| -2% | -$13.1K |
|
2362
MannKind Corp
MNKD
$1.71B
| $825K | ﹤0.01% |
471,389
+156,429
| +50% | +$274K |
|
|
APTS
2363
DELISTED
Preferred Apartment Communities, Inc.
APTS
| $825K | ﹤0.01% |
108,535
+4,868
| +5% | +$37K |
|
2364
AngioDynamics
ANGO
$433M
| $823K | ﹤0.01% |
80,944
-1,000
| -1% | -$10.2K |
|
2365
Accel Entertainment
ACEL
$938M
| $822K | ﹤0.01% |
85,400
+47,000
| +122% | +$452K |
|
2366
Stellar Bancorp
STEL
$1.61B
| $822K | ﹤0.01% |
39,140
+14,600
| +59% | +$307K |
|
|
HIMX
2367
Himax Technologies
HIMX
$1.44B
| $821K | ﹤0.01% |
198,416
-66,988
| -25% | -$277K |
|
2368
Magnachip Semiconductor
MX
$112M
| $821K | ﹤0.01% |
79,687
+22,784
| +40% | +$235K |
|
2369
Passage Bio
PASG
$22.3M
| $821K | ﹤0.01% |
+1,502
| New | +$821K |
|
2370
Westlake Chemical Partners
WLKP
$763M
| $821K | ﹤0.01% |
43,331
-31,073
| -42% | -$589K |
|
|
CDMO
2371
DELISTED
Avid Bioservices, Inc. Common Stock
CDMO
| $820K | ﹤0.01% |
124,861
-142
| -0.1% | -$933 |
|
|
MORF
2372
DELISTED
Morphic Holding, Inc. Common Stock
MORF
| $819K | ﹤0.01% |
+30,291
| New | +$819K |
|
2373
Geron
GERN
$810M
| $818K | ﹤0.01% |
375,200
+37,537
| +11% | +$81.8K |
|
2374
Manitowoc
MTW
$362M
| $818K | ﹤0.01% |
75,163
-2,900
| -4% | -$31.6K |
|
2375
SI-BONE Inc
SIBN
$677M
| $818K | ﹤0.01% |
51,300
+17,200
| +50% | +$274K |
|