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 | |
|---|---|---|---|---|---|---|
2601
Titan Machinery
TITN
$451M
| $837K | ﹤0.01% |
42,823
-800
| -2% | -$15.6K |
|
2602
Beam Global
BEEM
$41.4M
| $836K | ﹤0.01% |
+11,330
| New | +$836K |
|
|
CNSL
2603
DELISTED
Consolidated Communications Holdings, Inc.
CNSL
| $834K | ﹤0.01% |
170,639
-1,228
| -0.7% | -$6K |
|
2604
Anterix
ATEX
$395M
| $831K | ﹤0.01% |
22,100
-500
| -2% | -$18.8K |
|
2605
CEL-SCI Corp
CVM
$70.5M
| $831K | ﹤0.01% |
2,377
-254
| -10% | -$88.8K |
|
2606
First Community Bankshares
FCBC
$680M
| $831K | ﹤0.01% |
38,520
-700
| -2% | -$15.1K |
|
2607
International Money Express
IMXI
$430M
| $829K | ﹤0.01% |
53,434
-88
| -0.2% | -$1.37K |
|
2608
Annexon
ANNX
$266M
| $828K | ﹤0.01% |
33,085
-600
| -2% | -$15K |
|
|
MSB
2609
Mesabi Trust
MSB
$412M
| $828K | ﹤0.01% |
29,521
-600
| -2% | -$16.8K |
|
|
ACRE
2610
Ares Commercial Real Estate
ACRE
$266M
| $826K | ﹤0.01% |
69,357
-1,300
| -2% | -$15.5K |
|
|
FRTA
2611
DELISTED
Forterra, Inc
FRTA
| $826K | ﹤0.01% |
48,023
+2,509
| +6% | +$43.2K |
|
2612
KNOT Offshore Partners
KNOP
$300M
| $825K | ﹤0.01% |
54,779
-1,100
| -2% | -$16.6K |
|
2613
Avidity Biosciences
RNA
$5.76B
| $825K | ﹤0.01% |
32,320
-600
| -2% | -$15.3K |
|
2614
Rush Enterprises Class B
RUSHB
$4.5B
| $822K | ﹤0.01% |
32,553
+9,173
| +39% | +$232K |
|
2615
Prothena Corp
PRTA
$442M
| $821K | ﹤0.01% |
68,384
-1,300
| -2% | -$15.6K |
|
2616
Motorcar Parts of America
MPAA
$305M
| $820K | ﹤0.01% |
41,817
-800
| -2% | -$15.7K |
|
2617
Hanmi Financial
HAFC
$748M
| $817K | ﹤0.01% |
72,071
-398
| -0.5% | -$4.51K |
|
2618
Shoe Carnival
SCVL
$636M
| $817K | ﹤0.01% |
41,686
-800
| -2% | -$15.7K |
|
|
DSPG
2619
DELISTED
DSP Group Inc
DSPG
| $817K | ﹤0.01% |
49,229
-900
| -2% | -$14.9K |
|
2620
DXP Enterprises
DXPE
$1.85B
| $812K | ﹤0.01% |
36,505
-700
| -2% | -$15.6K |
|
2621
Nurix Therapeutics
NRIX
$691M
| $811K | ﹤0.01% |
24,675
-500
| -2% | -$16.4K |
|
2622
Bar Harbor Bankshares
BHB
$540M
| $810K | ﹤0.01% |
35,851
+1,029
| +3% | +$23.2K |
|
2623
GCM Grosvenor
GCMG
$685M
| $810K | ﹤0.01% |
60,793
+2,833
| +5% | +$37.7K |
|
|
CLVS
2624
DELISTED
Clovis Oncology, Inc.
CLVS
| $810K | ﹤0.01% |
168,700
-18,983
| -10% | -$91.1K |
|
|
CNCE
2625
DELISTED
Concert Pharmaceuticals, Inc.
CNCE
| $809K | ﹤0.01% |
63,973
-1,200
| -2% | -$15.2K |
|