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 | |
|---|---|---|---|---|---|---|
|
OXFD
2426
DELISTED
Oxford Immunotec Global PLC Ordinary Shares
OXFD
| $745K | ﹤0.01% |
57,314
+4,100
| +8% | +$53.3K |
|
2427
Chefs' Warehouse
CHEF
$2.7B
| $743K | ﹤0.01% |
54,715
+400
| +0.7% | +$5.43K |
|
2428
PennantPark Floating Rate Capital
PFLT
$1.01B
| $742K | ﹤0.01% |
88,293
+29,700
| +51% | +$250K |
|
2429
Provident Financial
PROV
$103M
| $740K | ﹤0.01% |
55,157
| – | – |
|
|
MTEM
2430
DELISTED
Molecular Templates, Inc.
MTEM
| $740K | ﹤0.01% |
3,579
+1,758
| +97% | +$363K |
|
2431
Agilysys
AGYS
$2.97B
| $738K | ﹤0.01% |
41,163
-5,944
| -13% | -$107K |
|
2432
KNOT Offshore Partners
KNOP
$300M
| $738K | ﹤0.01% |
53,679
-9,272
| -15% | -$127K |
|
2433
Construction Partners
ROAD
$7.02B
| $737K | ﹤0.01% |
41,473
+27,721
| +202% | +$493K |
|
2434
Digi International
DGII
$1.33B
| $736K | ﹤0.01% |
63,175
+264
| +0.4% | +$3.08K |
|
2435
Miller Industries
MLR
$455M
| $731K | ﹤0.01% |
24,545
| – | – |
|
2436
Precigen
PGEN
$1.13B
| $731K | ﹤0.01% |
146,533
-1,467
| -1% | -$7.32K |
|
|
PDLI
2437
DELISTED
PDL BioPharma, Inc.
PDLI
| $730K | ﹤0.01% |
250,971
+300
| +0.1% | +$873 |
|
|
FBM
2438
DELISTED
Foundation Building Materials, Inc. Common Stock
FBM
| $729K | ﹤0.01% |
46,677
+9,599
| +26% | +$150K |
|
2439
InMode
INMD
$937M
| $728K | ﹤0.01% |
+51,394
| New | +$728K |
|
2440
Dynagas LNG Partners
DLNG
$141M
| $726K | ﹤0.01% |
226,910
| – | – |
|
2441
Byline Bancorp
BY
$1.33B
| $725K | ﹤0.01% |
55,316
+16,312
| +42% | +$214K |
|
2442
Voyager Therapeutics
VYGR
$232M
| $723K | ﹤0.01% |
57,324
+3,926
| +7% | +$49.5K |
|
2443
DXP Enterprises
DXPE
$1.85B
| $721K | ﹤0.01% |
36,205
| – | – |
|
2444
Kimball Electronics
KE
$741M
| $721K | ﹤0.01% |
53,235
-1,309
| -2% | -$17.7K |
|
|
MTL
2445
DELISTED
Mechel PAO American Depository Shares, each representing two ordinary shares (ADSs)
MTL
| $720K | ﹤0.01% |
418,585
-84,172
| -17% | -$145K |
|
|
CETV
2446
DELISTED
Central European Media Enterprises Ltd
CETV
| $719K | ﹤0.01% |
203,148
+2,294
| +1% | +$8.12K |
|
2447
Transmedics
TMDX
$3.91B
| $717K | ﹤0.01% |
+40,000
| New | +$717K |
|
2448
McEwen Inc.
MUX
$748M
| $716K | ﹤0.01% |
70,914
+28,024
| +65% | +$283K |
|
2449
World Acceptance Corp
WRLD
$900M
| $714K | ﹤0.01% |
10,902
-1,147
| -10% | -$75.1K |
|
2450
Prothena Corp
PRTA
$442M
| $713K | ﹤0.01% |
68,184
-21,156
| -24% | -$221K |
|