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 | |
|---|---|---|---|---|---|---|
2376
Central Garden & Pet
CENT
$2.24B
| $813K | ﹤0.01% |
28,234
+10,706
| +61% | +$308K |
|
|
SG
2377
DELISTED
Sirius International Insurance Group, Ltd. Common Share
SG
| $808K | ﹤0.01% |
112,189
| – | – |
|
2378
Diamond Hill
DHIL
$387M
| $807K | ﹤0.01% |
7,098
+30
| +0.4% | +$3.41K |
|
2379
Establishment Labs
ESTA
$1.09B
| $807K | ﹤0.01% |
+43,200
| New | +$807K |
|
2380
Resources Connection
RGP
$172M
| $807K | ﹤0.01% |
67,426
-2,211
| -3% | -$26.5K |
|
2381
Insteel Industries
IIIN
$749M
| $806K | ﹤0.01% |
42,252
+1,064
| +3% | +$20.3K |
|
2382
GeoPark
GPRK
$325M
| $801K | ﹤0.01% |
81,860
-17,725
| -18% | -$173K |
|
|
LL
2383
DELISTED
LL Flooring Holdings, Inc.
LL
| $801K | ﹤0.01% |
57,800
+6,700
| +13% | +$92.8K |
|
2384
MasterCraft Boat Holdings
MCFT
$362M
| $800K | ﹤0.01% |
42,009
+22,800
| +119% | +$434K |
|
2385
Century Aluminum
CENX
$2.44B
| $797K | ﹤0.01% |
111,736
+9,336
| +9% | +$66.6K |
|
2386
NewtekOne
NEWT
$303M
| $797K | ﹤0.01% |
43,760
+8,085
| +23% | +$147K |
|
2387
Par Pacific Holdings
PARR
$1.67B
| $797K | ﹤0.01% |
88,600
+6,749
| +8% | +$60.7K |
|
|
GOGL
2388
DELISTED
Golden Ocean Group
GOGL
| $795K | ﹤0.01% |
204,940
+19,226
| +10% | +$74.6K |
|
|
CALA
2389
DELISTED
Calithera Biosciences, Inc
CALA
| $793K | ﹤0.01% |
7,512
+5,357
| +249% | +$566K |
|
|
FFG
2390
DELISTED
FBL Financial Group
FFG
| $793K | ﹤0.01% |
22,094
+7,818
| +55% | +$281K |
|
|
HIBB
2391
DELISTED
Hibbett, Inc. Common Stock
HIBB
| $791K | ﹤0.01% |
37,772
-807
| -2% | -$16.9K |
|
|
ALTA
2392
DELISTED
Altabancorp Common Stock
ALTA
| $790K | ﹤0.01% |
35,139
+13,690
| +64% | +$308K |
|
2393
Mercantile Bank Corp
MBWM
$775M
| $789K | ﹤0.01% |
34,930
-700
| -2% | -$15.8K |
|
2394
Customers Bancorp
CUBI
$2.32B
| $786K | ﹤0.01% |
65,391
+10,519
| +19% | +$126K |
|
|
FSB
2395
DELISTED
Franklin Financial Network, Inc.
FSB
| $783K | ﹤0.01% |
30,426
+1,700
| +6% | +$43.7K |
|
2396
ImmunityBio
IBRX
$2.46B
| $782K | ﹤0.01% |
+63,650
| New | +$782K |
|
2397
NextCure
NXTC
$14.5M
| $781K | ﹤0.01% |
3,036
+511
| +20% | +$131K |
|
2398
BrightView Holdings
BV
$1.32B
| $771K | ﹤0.01% |
68,866
-2,805
| -4% | -$31.4K |
|
2399
Forrester Research
FORR
$195M
| $771K | ﹤0.01% |
24,067
+9,900
| +70% | +$317K |
|
2400
Precision BioSciences
DTIL
$54.3M
| $770K | ﹤0.01% |
3,080
+727
| +31% | +$182K |
|