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 | |
|---|---|---|---|---|---|---|
451
Halliburton
HAL
$18.5B
| $40M | 0.03% |
2,114,640
+110,817
| +6% | +$2.09M |
|
452
AES
AES
$9.06B
| $39.9M | 0.03% |
1,697,860
+88,411
| +5% | +$2.08M |
|
453
M&T Bank
MTB
$31.1B
| $39.8M | 0.03% |
312,813
+15,592
| +5% | +$1.98M |
|
454
Regions Financial
RF
$24.1B
| $39.6M | 0.03% |
2,455,438
+135,419
| +6% | +$2.18M |
|
455
Cardinal Health
CAH
$35.9B
| $39.5M | 0.03% |
737,471
+35,965
| +5% | +$1.93M |
|
456
Healthpeak Properties
DOC
$12.7B
| $39.4M | 0.03% |
1,304,942
+164,622
| +14% | +$4.98M |
|
457
HubSpot
HUBS
$26.3B
| $39.4M | 0.03% |
99,387
+12,643
| +15% | +$5.01M |
|
458
Tractor Supply
TSCO
$31.8B
| $39.3M | 0.03% |
1,398,450
+69,595
| +5% | +$1.96M |
|
459
Nucor
NUE
$32.4B
| $39.1M | 0.03% |
734,560
+37,216
| +5% | +$1.98M |
|
460
Hewlett Packard
HPE
$31.5B
| $39M | 0.03% |
3,295,003
+182,555
| +6% | +$2.16M |
|
461
SS&C Technologies
SSNC
$21.7B
| $39M | 0.03% |
535,768
+17,157
| +3% | +$1.25M |
|
462
Revvity
RVTY
$10B
| $38.8M | 0.03% |
270,620
+14,776
| +6% | +$2.12M |
|
463
Citizens Financial Group
CFG
$22.3B
| $38.8M | 0.03% |
1,085,912
+60,143
| +6% | +$2.15M |
|
464
Monolithic Power Systems
MPWR
$41.4B
| $38.5M | 0.03% |
105,151
+5,180
| +5% | +$1.9M |
|
465
NovoCure
NVCR
$1.42B
| $38.4M | 0.03% |
221,998
+13,335
| +6% | +$2.31M |
|
466
Steris
STE
$24.5B
| $38.3M | 0.03% |
202,018
+9,315
| +5% | +$1.77M |
|
467
Wayfair
W
$11.3B
| $38.1M | 0.03% |
168,874
+29,164
| +21% | +$6.59M |
|
468
NetApp
NTAP
$24.2B
| $37.6M | 0.03% |
567,414
+30,263
| +6% | +$2M |
|
469
Ingersoll Rand
IR
$31.9B
| $37.6M | 0.03% |
824,283
+98,999
| +14% | +$4.51M |
|
470
SolarEdge
SEDG
$1.78B
| $37.4M | 0.03% |
117,321
+5,391
| +5% | +$1.72M |
|
471
Ulta Beauty
ULTA
$23.3B
| $37.4M | 0.03% |
130,313
+6,236
| +5% | +$1.79M |
|
472
Oneok
OKE
$44.9B
| $37.3M | 0.03% |
972,494
+55,294
| +6% | +$2.12M |
|
473
Insulet
PODD
$24.6B
| $37.2M | 0.03% |
145,591
+7,704
| +6% | +$1.97M |
|
474
CarMax
KMX
$9.21B
| $37M | 0.03% |
391,317
+17,692
| +5% | +$1.67M |
|
475
Trip.com Group
TCOM
$47.3B
| $36.8M | 0.03% |
1,090,310
-32,347
| -3% | -$1.09M |
|