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 |
Merck
MRK
|
+$266M |
| 2 |
Becton Dickinson
BDX
|
+$208M |
| 3 |
Apple
AAPL
|
+$188M |
| 4 |
SGEN
Seagen Inc. Common Stock
SGEN
|
+$175M |
| 5 |
ATVI
Activision Blizzard Inc.
ATVI
|
+$170M |
Top Sells
| 1 |
Aflac
AFL
|
+$136M |
| 2 |
ONC
BeOne Medicines Ltd. American Depositary Shares
ONC
|
+$68.8M |
| 3 |
UDR
UDR
|
+$64.9M |
| 4 |
IMMU
Immunomedics Inc
IMMU
|
+$40.1M |
| 5 |
Arch Capital
ACGL
|
+$39.9M |
Sector Composition
| 1 | Technology | 22.31% |
| 2 | Healthcare | 14.28% |
| 3 | Financials | 12.51% |
| 4 | Consumer Discretionary | 11.96% |
| 5 | Communication Services | 9.19% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
2551
Kimball Electronics
KE
$741M
| $901K | ﹤0.01% |
56,317
+1,682
| +3% | +$26.9K |
|
|
AZRE
2552
DELISTED
Azure Power Global Limited
AZRE
| $900K | ﹤0.01% |
22,078
-99
| -0.4% | -$4.04K |
|
2553
Seneca Foods Class A
SENEA
$751M
| $899K | ﹤0.01% |
22,529
+7,700
| +52% | +$307K |
|
2554
Purple Innovation
PRPL
$114M
| $897K | ﹤0.01% |
27,244
+1,615
| +6% | +$53.2K |
|
|
TA
2555
DELISTED
TravelCenters of America LLC
TA
| $897K | ﹤0.01% |
27,509
+3,831
| +16% | +$125K |
|
2556
Akebia Therapeutics
AKBA
$782M
| $895K | ﹤0.01% |
319,806
-6,100
| -2% | -$17.1K |
|
|
CBAY
2557
DELISTED
Cymabay Therapeutics
CBAY
| $895K | ﹤0.01% |
155,965
-2,900
| -2% | -$16.6K |
|
2558
TriplePoint Venture Growth BDC
TPVG
$267M
| $892K | ﹤0.01% |
68,433
-1,300
| -2% | -$16.9K |
|
|
AMTI
2559
DELISTED
Applied Molecular Transport Inc. Common Stock
AMTI
| $891K | ﹤0.01% |
28,944
-600
| -2% | -$18.5K |
|
2560
Hooker Furnishings Corp
HOFT
$111M
| $890K | ﹤0.01% |
27,612
-202
| -0.7% | -$6.51K |
|
|
KRON
2561
DELISTED
Kronos Bio
KRON
| $886K | ﹤0.01% |
+29,652
| New | +$886K |
|
2562
Phibro Animal Health
PAHC
$1.61B
| $885K | ﹤0.01% |
45,579
-900
| -2% | -$17.5K |
|
2563
Alerus Financial
ALRS
$577M
| $884K | ﹤0.01% |
+32,301
| New | +$884K |
|
|
AMK
2564
DELISTED
AssetMark Financial Holdings, Inc.
AMK
| $881K | ﹤0.01% |
36,391
-700
| -2% | -$16.9K |
|
|
BFS
2565
Saul Centers
BFS
$785M
| $880K | ﹤0.01% |
27,773
+704
| +3% | +$22.3K |
|
2566
Global Partners
GLP
$1.77B
| $879K | ﹤0.01% |
52,878
-1,000
| -2% | -$16.6K |
|
2567
Byline Bancorp
BY
$1.33B
| $877K | ﹤0.01% |
56,760
-1,000
| -2% | -$15.5K |
|
|
VRAY
2568
DELISTED
ViewRay, Inc.
VRAY
| $877K | ﹤0.01% |
229,500
-4,700
| -2% | -$18K |
|
|
RFP
2569
DELISTED
Resolute Forest Products Inc.
RFP
| $877K | ﹤0.01% |
134,077
+2,888
| +2% | +$18.9K |
|
2570
AXT Inc
AXTI
$169M
| $876K | ﹤0.01% |
91,580
+1,273
| +1% | +$12.2K |
|
2571
Central Garden & Pet
CENT
$2.24B
| $876K | ﹤0.01% |
28,360
-1,134
| -4% | -$35K |
|
2572
Manchester United
MANU
$2.8B
| $876K | ﹤0.01% |
52,301
-1,622
| -3% | -$27.2K |
|
2573
NewtekOne
NEWT
$303M
| $875K | ﹤0.01% |
44,460
-900
| -2% | -$17.7K |
|
2574
Vishay Precision Group
VPG
$416M
| $875K | ﹤0.01% |
27,800
-500
| -2% | -$15.7K |
|
2575
Business First Bancshares
BFST
$723M
| $874K | ﹤0.01% |
42,947
-800
| -2% | -$16.3K |
|