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 | |
|---|---|---|---|---|---|---|
|
MGI
2626
DELISTED
MoneyGram International, Inc. New
MGI
| $807K | ﹤0.01% |
147,702
+16,102
| +12% | +$88K |
|
2627
Clarus
CLAR
$147M
| $806K | ﹤0.01% |
52,363
-1,000
| -2% | -$15.4K |
|
2628
Ranpak Holdings
PACK
$395M
| $804K | ﹤0.01% |
59,800
-1,200
| -2% | -$16.1K |
|
2629
Astrana Health
ASTH
$1.38B
| $804K | ﹤0.01% |
43,992
-800
| -2% | -$14.6K |
|
|
CMPS
2630
Compass Pathways
CMPS
$499M
| $802K | ﹤0.01% |
+16,834
| New | +$802K |
|
|
ITOS
2631
DELISTED
iTeos Therapeutics
ITOS
| $801K | ﹤0.01% |
23,697
-500
| -2% | -$16.9K |
|
2632
Hackett Group
HCKT
$575M
| $798K | ﹤0.01% |
55,424
-1,100
| -2% | -$15.8K |
|
2633
Cue Biopharma
CUE
$57M
| $797K | ﹤0.01% |
63,739
-3,249
| -5% | -$40.6K |
|
|
NBLX
2634
DELISTED
Noble Midstream Partners LP
NBLX
| $797K | ﹤0.01% |
76,525
-1,400
| -2% | -$14.6K |
|
|
RADA
2635
DELISTED
Rada Electronic Industries Ltd
RADA
| $792K | ﹤0.01% |
81,236
-1,500
| -2% | -$14.6K |
|
2636
Q32 Bio
QTTB
$23.5M
| $790K | ﹤0.01% |
3,889
-78
| -2% | -$15.8K |
|
2637
Valhi
VHI
$458M
| $789K | ﹤0.01% |
51,928
-29,278
| -36% | -$445K |
|
|
VOXX
2638
DELISTED
VOXX International Corporation Class A
VOXX
| $789K | ﹤0.01% |
61,871
-900
| -1% | -$11.5K |
|
2639
Sierra Bancorp
BSRR
$408M
| $788K | ﹤0.01% |
32,953
+1,036
| +3% | +$24.8K |
|
|
AVDL
2640
Avadel Pharmaceuticals
AVDL
$1.5B
| $786K | ﹤0.01% |
117,600
-13,425
| -10% | -$89.7K |
|
2641
Curis
CRIS
$22.7M
| $785K | ﹤0.01% |
+4,791
| New | +$785K |
|
|
BEST
2642
DELISTED
BEST Inc. American Depositary Shares, each representing twenty (20) Class A Ordinary Shares
BEST
| $783K | ﹤0.01% |
19,191
-461
| -2% | -$18.8K |
|
2643
Republic Bancorp
RBCAA
$1.48B
| $782K | ﹤0.01% |
21,692
-400
| -2% | -$14.4K |
|
|
APTS
2644
DELISTED
Preferred Apartment Communities, Inc.
APTS
| $782K | ﹤0.01% |
105,719
-6,872
| -6% | -$50.8K |
|
2645
Navigator Holdings
NVGS
$1.11B
| $781K | ﹤0.01% |
71,291
-1,400
| -2% | -$15.3K |
|
|
ORC
2646
Orchid Island Capital
ORC
$1.04B
| $781K | ﹤0.01% |
29,924
-184
| -0.6% | -$4.8K |
|
|
AKTS
2647
DELISTED
AKOUSTIS TECHNOLOGIES, INC.
AKTS
| $781K | ﹤0.01% |
63,900
-1,300
| -2% | -$15.9K |
|
2648
Crescent Capital BDC
CCAP
$586M
| $780K | ﹤0.01% |
53,564
-1,000
| -2% | -$14.6K |
|
|
EAR
2649
DELISTED
Eargo, Inc. Common Stock
EAR
| $778K | ﹤0.01% |
+868
| New | +$778K |
|
2650
MBIA
MBI
$393M
| $776K | ﹤0.01% |
118,007
-2,300
| -2% | -$15.1K |
|