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 | |
|---|---|---|---|---|---|---|
2951
VYNE Therapeutics
VYNE
$7.9M
| $467K | ﹤0.01% |
4,101
-87
| -2% | -$9.91K |
|
2952
AquaBounty Technologies
AQB
$4.5M
| $464K | ﹤0.01% |
+2,648
| New | +$464K |
|
|
PTVCB
2953
DELISTED
Protective Insurance Corporation Class B Common Stock
PTVCB
| $462K | ﹤0.01% |
33,700
+13,235
| +65% | +$181K |
|
2954
Horizon Technology Finance
HRZN
$292M
| $461K | ﹤0.01% |
34,800
-700
| -2% | -$9.27K |
|
2955
W&T Offshore
WTI
$263M
| $461K | ﹤0.01% |
212,619
-4,000
| -2% | -$8.67K |
|
2956
Hess Midstream
HESM
$5.18B
| $460K | ﹤0.01% |
23,483
-400
| -2% | -$7.84K |
|
2957
Regis Corp
RGS
$67.4M
| $460K | ﹤0.01% |
2,505
| – | – |
|
2958
Xeris Biopharma Holdings
XERS
$1.2B
| $460K | ﹤0.01% |
93,400
-2,000
| -2% | -$9.85K |
|
2959
Choiceone Financial
COFS
$455M
| $459K | ﹤0.01% |
14,900
-1,597
| -10% | -$49.2K |
|
2960
Taylor Devices
TAYD
$151M
| $459K | ﹤0.01% |
44,101
-39,814
| -47% | -$414K |
|
2961
Advent Technologies
ADN
$8.04M
| $458K | ﹤0.01% |
1,023
-20
| -2% | -$8.95K |
|
|
SUNS
2962
DELISTED
SLR Senior Investment Corp. Common Stock
SUNS
| $458K | ﹤0.01% |
31,700
-3,400
| -10% | -$49.1K |
|
2963
Lesaka Technologies
LSAK
$336M
| $457K | ﹤0.01% |
92,900
-11,520
| -11% | -$56.7K |
|
2964
MVB Financial
MVBF
$307M
| $456K | ﹤0.01% |
20,100
-1,955
| -9% | -$44.4K |
|
2965
Pure Cycle
PCYO
$269M
| $456K | ﹤0.01% |
40,600
-4,079
| -9% | -$45.8K |
|
|
CASA
2966
DELISTED
Casa Systems, Inc. Common Stock
CASA
| $455K | ﹤0.01% |
73,667
+3,735
| +5% | +$23.1K |
|
|
ZVO
2967
DELISTED
Zovio Inc. Common Stock
ZVO
| $455K | ﹤0.01% |
95,956
| – | – |
|
2968
International General Insurance
IGIC
$1.04B
| $454K | ﹤0.01% |
56,200
-1,100
| -2% | -$8.89K |
|
|
RPT
2969
Rithm Property Trust Inc.
RPT
$124M
| $453K | ﹤0.01% |
43,300
-6,208
| -13% | -$64.9K |
|
|
OPRA
2970
Opera Ltd
OPRA
$1.75B
| $451K | ﹤0.01% |
49,400
-5,538
| -10% | -$50.6K |
|
2971
Cassava Sciences
SAVA
$102M
| $451K | ﹤0.01% |
66,063
+51,778
| +362% | +$353K |
|
|
FRGI
2972
DELISTED
Fiesta Restaurant Group, Inc.
FRGI
| $451K | ﹤0.01% |
39,566
-1,606
| -4% | -$18.3K |
|
2973
INNOVATE Corp
VATE
$70M
| $447K | ﹤0.01% |
13,699
+4,839
| +55% | +$158K |
|
2974
LSI Industries
LYTS
$675M
| $446K | ﹤0.01% |
52,100
-1,100
| -2% | -$9.42K |
|
2975
Escalade
ESCA
$172M
| $445K | ﹤0.01% |
21,000
-400
| -2% | -$8.48K |
|