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 | |
|---|---|---|---|---|---|---|
2701
UFP Technologies
UFPT
$1.54B
| $713K | ﹤0.01% |
15,303
-300
| -2% | -$14K |
|
2702
STRATTEC Security
STRT
$283M
| $710K | ﹤0.01% |
14,386
| – | – |
|
2703
UroGen Pharma
URGN
$869M
| $710K | ﹤0.01% |
39,400
-800
| -2% | -$14.4K |
|
2704
HCI Group
HCI
$2.34B
| $708K | ﹤0.01% |
13,530
-300
| -2% | -$15.7K |
|
2705
C4 Therapeutics
CCCC
$189M
| $707K | ﹤0.01% |
+21,329
| New | +$707K |
|
2706
VirnetX
VHC
$74.7M
| $707K | ﹤0.01% |
7,012
-135
| -2% | -$13.6K |
|
2707
Capital Southwest
CSWC
$1.27B
| $706K | ﹤0.01% |
39,800
-100
| -0.3% | -$1.77K |
|
2708
Oppenheimer Holdings
OPY
$806M
| $704K | ﹤0.01% |
22,397
-80
| -0.4% | -$2.52K |
|
2709
CSP Inc
CSPI
$110M
| $703K | ﹤0.01% |
181,776
-111,456
| -38% | -$431K |
|
|
LOTZ
2710
DELISTED
CarLotz, Inc. Class A Common Stock
LOTZ
| $703K | ﹤0.01% |
62,800
-1,300
| -2% | -$14.6K |
|
2711
McEwen Inc.
MUX
$748M
| $702K | ﹤0.01% |
71,304
-1,360
| -2% | -$13.4K |
|
|
SCPL
2712
DELISTED
SciPlay Corporation Class A Common Stock
SCPL
| $702K | ﹤0.01% |
50,707
-1,000
| -2% | -$13.8K |
|
2713
Academy Sports + Outdoors
ASO
$3.1B
| $696K | ﹤0.01% |
+33,588
| New | +$696K |
|
2714
Alto Ingredients
ALTO
$91.3M
| $695K | ﹤0.01% |
127,926
+15,532
| +14% | +$84.4K |
|
2715
Aspen Aerogels
ASPN
$543M
| $694K | ﹤0.01% |
41,582
-900
| -2% | -$15K |
|
2716
Puma Biotechnology
PBYI
$225M
| $694K | ﹤0.01% |
67,686
-1,300
| -2% | -$13.3K |
|
|
STFC
2717
DELISTED
State Auto Financial Corp
STFC
| $694K | ﹤0.01% |
39,103
-700
| -2% | -$12.4K |
|
2718
Generation Bio
GBIO
$39.9M
| $691K | ﹤0.01% |
2,436
-50
| -2% | -$14.2K |
|
2719
SoundThinking
SSTI
$160M
| $691K | ﹤0.01% |
18,331
-300
| -2% | -$11.3K |
|
2720
West Bancorporation
WTBA
$344M
| $690K | ﹤0.01% |
35,758
-700
| -2% | -$13.5K |
|
|
VXRT
2721
DELISTED
Vaxart
VXRT
| $689K | ﹤0.01% |
120,607
+11,804
| +11% | +$67.4K |
|
|
PNNT
2722
Pennant Park Investment Corp
PNNT
$464M
| $688K | ﹤0.01% |
149,300
-2,800
| -2% | -$12.9K |
|
2723
Old Second Bancorp
OSBC
$961M
| $687K | ﹤0.01% |
68,064
+2,000
| +3% | +$20.2K |
|
|
EIGR
2724
DELISTED
Eiger BioPharmaceuticals, Inc.
EIGR
| $687K | ﹤0.01% |
1,863
-40
| -2% | -$14.8K |
|
2725
Permian Resources
PR
$9.63B
| $684K | ﹤0.01% |
456,251
+8,143
| +2% | +$12.2K |
|