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 | |
|---|---|---|---|---|---|---|
476
Celanese
CE
$5.09B
| $36.8M | 0.03% |
282,990
+9,786
| +4% | +$1.27M |
|
|
ZEN
477
DELISTED
ZENDESK INC
ZEN
| $36.3M | 0.03% |
253,596
+14,477
| +6% | +$2.07M |
|
478
Waters Corp
WAT
$18.4B
| $36.2M | 0.03% |
146,301
+6,700
| +5% | +$1.66M |
|
479
Datadog
DDOG
$49B
| $36M | 0.03% |
366,104
+17,820
| +5% | +$1.75M |
|
480
Boston Properties
BXP
$12B
| $35.9M | 0.03% |
380,283
+19,523
| +5% | +$1.85M |
|
481
Cencora
COR
$57.7B
| $35.9M | 0.03% |
367,161
+19,731
| +6% | +$1.93M |
|
482
U-Haul Holding Co
UHAL
$10.9B
| $35.8M | 0.03% |
788,780
+21,540
| +3% | +$978K |
|
483
FMC
FMC
$4.73B
| $35.8M | 0.03% |
311,397
+13,944
| +5% | +$1.6M |
|
484
IDEX
IEX
$12.4B
| $35.7M | 0.03% |
179,248
+6,780
| +4% | +$1.35M |
|
|
WORK
485
DELISTED
Slack Technologies, Inc.
WORK
| $35.5M | 0.03% |
839,868
+40,541
| +5% | +$1.71M |
|
486
Eastman Chemical
EMN
$7.91B
| $35M | 0.03% |
348,693
+20,060
| +6% | +$2.01M |
|
487
Occidental Petroleum
OXY
$44.4B
| $34.9M | 0.03% |
2,013,825
+101,357
| +5% | +$1.75M |
|
488
Brookfield Infrastructure Partners
BIP
$14.4B
| $34.8M | 0.03% |
1,058,063
+45,557
| +4% | +$1.5M |
|
|
ABMD
489
DELISTED
Abiomed Inc
ABMD
| $34.7M | 0.03% |
107,166
+13,664
| +15% | +$4.43M |
|
490
Pool Corp
POOL
$12.5B
| $34.7M | 0.03% |
93,194
+3,745
| +4% | +$1.4M |
|
|
HZNP
491
DELISTED
Horizon Therapeutics Public Limited Company Ordinary Shares
HZNP
| $34.7M | 0.03% |
474,082
+25,895
| +6% | +$1.89M |
|
492
Darden Restaurants
DRI
$24.6B
| $34.7M | 0.03% |
290,952
-10,188
| -3% | -$1.21M |
|
493
Zscaler
ZS
$43.8B
| $34.6M | 0.03% |
173,364
+25,952
| +18% | +$5.18M |
|
|
FTCH
494
DELISTED
Farfetch Limited Class A Ordinary Shares
FTCH
| $34.6M | 0.03% |
542,454
+67,410
| +14% | +$4.3M |
|
495
Masco
MAS
$15.9B
| $34.6M | 0.03% |
630,017
+23,578
| +4% | +$1.3M |
|
496
Albemarle
ALB
$8.54B
| $34.6M | 0.03% |
234,323
+12,112
| +5% | +$1.79M |
|
497
Fair Isaac
FICO
$36.9B
| $34.5M | 0.03% |
67,512
+2,734
| +4% | +$1.4M |
|
|
VAR
498
DELISTED
Varian Medical Systems, Inc.
VAR
| $34.4M | 0.03% |
196,685
+6,123
| +3% | +$1.07M |
|
499
Principal Financial Group
PFG
$17.8B
| $34.4M | 0.03% |
693,531
+37,290
| +6% | +$1.85M |
|
500
Energy Transfer Partners
ET
$58.9B
| $34.3M | 0.03% |
5,556,962
+267,068
| +5% | +$1.65M |
|