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 | |
|---|---|---|---|---|---|---|
2651
Akero Therapeutics
AKRO
$3.48B
| $775K | ﹤0.01% |
30,029
-1,448
| -5% | -$37.4K |
|
2652
Thryv Holdings
THRY
$550M
| $773K | ﹤0.01% |
+57,244
| New | +$773K |
|
2653
Amerant Bancorp
AMTB
$880M
| $771K | ﹤0.01% |
50,703
-1,000
| -2% | -$15.2K |
|
2654
Future Fuel
FF
$169M
| $770K | ﹤0.01% |
60,621
+2,087
| +4% | +$26.5K |
|
2655
TruBridge
TBRG
$302M
| $769K | ﹤0.01% |
28,645
-500
| -2% | -$13.4K |
|
2656
Dorchester Minerals
DMLP
$1.2B
| $768K | ﹤0.01% |
70,383
-2,258
| -3% | -$24.6K |
|
2657
Farmers National Banc Corp
FMNB
$554M
| $767K | ﹤0.01% |
57,835
-1,100
| -2% | -$14.6K |
|
2658
Montrose Environmental
MEG
$1.05B
| $764K | ﹤0.01% |
24,674
-500
| -2% | -$15.5K |
|
2659
VSE Corp
VSEC
$3.4B
| $763K | ﹤0.01% |
19,812
-400
| -2% | -$15.4K |
|
|
OLP
2660
One Liberty Properties
OLP
$494M
| $759K | ﹤0.01% |
37,842
-49
| -0.1% | -$983 |
|
|
FREE
2661
DELISTED
Whole Earth Brands, Inc. Class A Common Stock
FREE
| $759K | ﹤0.01% |
69,600
-7,961
| -10% | -$86.8K |
|
2662
Forestar Group
FOR
$1.41B
| $754K | ﹤0.01% |
+37,364
| New | +$754K |
|
2663
Atlanta Braves Holdings Series A
BATRA
$2.86B
| $753K | ﹤0.01% |
30,264
+8,964
| +42% | +$223K |
|
|
ARD
2664
DELISTED
Ardagh Group S.A. Class A Common Shares
ARD
| $753K | ﹤0.01% |
43,773
+1,341
| +3% | +$23.1K |
|
2665
Catalyst Pharmaceutical
CPRX
$2.44B
| $752K | ﹤0.01% |
225,280
-4,200
| -2% | -$14K |
|
2666
Viking Therapeutics
VKTX
$2.79B
| $750K | ﹤0.01% |
133,300
-2,800
| -2% | -$15.8K |
|
2667
KRONOS Worldwide
KRO
$694M
| $749K | ﹤0.01% |
50,219
-3,323
| -6% | -$49.6K |
|
2668
Eos Energy Enterprises
EOSE
$2.29B
| $748K | ﹤0.01% |
35,900
-800
| -2% | -$16.7K |
|
|
ACBI
2669
DELISTED
Atlantic Capital Bancshares, Inc. Common Stock
ACBI
| $748K | ﹤0.01% |
47,002
-900
| -2% | -$14.3K |
|
|
WSR
2670
Whitestone REIT
WSR
$664M
| $746K | ﹤0.01% |
93,662
-1,700
| -2% | -$13.5K |
|
|
ORTX
2671
DELISTED
Orchard Therapeutics plc American Depositary Shares
ORTX
| $746K | ﹤0.01% |
17,280
-360
| -2% | -$15.5K |
|
|
PRVL
2672
DELISTED
Prevail Therapeutics Inc. Common Stock
PRVL
| $745K | ﹤0.01% |
32,305
-600
| -2% | -$13.8K |
|
2673
CNB Financial Corp
CCNE
$761M
| $744K | ﹤0.01% |
34,958
+1,286
| +4% | +$27.4K |
|
|
CAMP
2674
DELISTED
CalAmp Corp.
CAMP
| $744K | ﹤0.01% |
3,259
-61
| -2% | -$13.9K |
|
2675
Equity Bancshares
EQBK
$800M
| $741K | ﹤0.01% |
34,343
-600
| -2% | -$12.9K |
|