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 | |
|---|---|---|---|---|---|---|
|
SURF
2976
DELISTED
Surface Oncology, Inc. Common Stock
SURF
| $445K | ﹤0.01% |
48,200
-1,000
| -2% | -$9.23K |
|
|
GMDA
2977
DELISTED
Gamida Cell Ltd. Ordinary Shares
GMDA
| $443K | ﹤0.01% |
+52,834
| New | +$443K |
|
|
CHMA
2978
DELISTED
Chiasma, Inc. Common Stock
CHMA
| $443K | ﹤0.01% |
101,900
-2,100
| -2% | -$9.13K |
|
2979
Aldeyra Therapeutics
ALDX
$333M
| $442K | ﹤0.01% |
64,500
-1,300
| -2% | -$8.91K |
|
2980
AMES National
ATLO
$180M
| $442K | ﹤0.01% |
18,400
-2,039
| -10% | -$49K |
|
2981
Genasys
GNSS
$94.8M
| $441K | ﹤0.01% |
67,700
-1,400
| -2% | -$9.12K |
|
|
NAGE
2982
Niagen Bioscience, Inc. Common Stock
NAGE
$767M
| $441K | ﹤0.01% |
91,865
-1,700
| -2% | -$8.16K |
|
2983
Cadiz
CDZI
$295M
| $439K | ﹤0.01% |
41,200
-900
| -2% | -$9.59K |
|
2984
Greenlight Captial
GLRE
$424M
| $439K | ﹤0.01% |
60,100
-6,640
| -10% | -$48.5K |
|
2985
Stratus Properties
STRS
$154M
| $439K | ﹤0.01% |
17,197
| – | – |
|
2986
Metallus
MTUS
$695M
| $439K | ﹤0.01% |
94,100
-1,900
| -2% | -$8.86K |
|
|
KDNY
2987
DELISTED
Chinook Therapeutics, Inc. Common Stock
KDNY
| $439K | ﹤0.01% |
27,660
-3,098
| -10% | -$49.2K |
|
2988
ACNB Corp
ACNB
$470M
| $438K | ﹤0.01% |
17,500
-2,071
| -11% | -$51.8K |
|
|
MCF
2989
DELISTED
Contango Oil & Gas Co.
MCF
| $438K | ﹤0.01% |
191,200
-17,108
| -8% | -$39.2K |
|
2990
Investors Title Co
ITIC
$467M
| $437K | ﹤0.01% |
2,857
-100
| -3% | -$15.3K |
|
2991
Arbutus Biopharma
ABUS
$886M
| $436K | ﹤0.01% |
122,700
-2,600
| -2% | -$9.24K |
|
2992
Lakeland Industries
LAKE
$131M
| $436K | ﹤0.01% |
16,000
-300
| -2% | -$8.18K |
|
2993
Rafael Holdings
RFL
$46.7M
| $436K | ﹤0.01% |
18,962
-405
| -2% | -$9.31K |
|
|
HMNF
2994
DELISTED
HMN Financial Inc
HMNF
| $435K | ﹤0.01% |
25,267
| – | – |
|
|
LCI
2995
DELISTED
Lannett Company, Inc.
LCI
| $434K | ﹤0.01% |
16,650
-2,420
| -13% | -$63.1K |
|
2996
Harmony Biosciences
HRMY
$1.91B
| $433K | ﹤0.01% |
11,978
-200
| -2% | -$7.23K |
|
|
LBC
2997
DELISTED
Luther Burbank Corporation Common Stock
LBC
| $433K | ﹤0.01% |
44,159
+1,480
| +3% | +$14.5K |
|
|
RBNC
2998
DELISTED
Reliant Bancorp, Inc. Common Stock
RBNC
| $433K | ﹤0.01% |
23,255
-400
| -2% | -$7.45K |
|
|
ASPU
2999
DELISTED
ASPEN GROUP, INC.
ASPU
| $432K | ﹤0.01% |
38,800
-800
| -2% | -$8.91K |
|
|
SRLP
3000
DELISTED
SPRAGUE RESOURCES LP
SRLP
| $432K | ﹤0.01% |
22,781
-400
| -2% | -$7.59K |
|