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 | |
|---|---|---|---|---|---|---|
501
IAC Inc
IAC
$2.88B
| $34.3M | 0.03% |
331,703
+17,631
| +6% | +$1.82M |
|
502
Teledyne Technologies
TDY
$25.5B
| $34.2M | 0.03% |
87,367
+3,820
| +5% | +$1.5M |
|
503
Keurig Dr Pepper
KDP
$37.5B
| $34.1M | 0.03% |
1,064,578
+181,979
| +21% | +$5.82M |
|
|
504
Arch Capital
ACGL
$33.9B
| $34M | 0.03% |
942,861
-1,106,413
| -54% | -$39.9M |
|
505
Ally Financial
ALLY
$12.7B
| $33.8M | 0.03% |
947,253
+46,112
| +5% | +$1.64M |
|
506
DraftKings
DKNG
$22.8B
| $33.8M | 0.03% |
724,913
+133,681
| +23% | +$6.22M |
|
507
Cheniere Energy
LNG
$51.5B
| $33.7M | 0.03% |
561,973
+32,494
| +6% | +$1.95M |
|
508
Generac Holdings
GNRC
$10.8B
| $33.7M | 0.03% |
148,123
+8,040
| +6% | +$1.83M |
|
509
GoDaddy
GDDY
$20.6B
| $33.7M | 0.03% |
405,875
+23,304
| +6% | +$1.93M |
|
510
Gartner
IT
$18.7B
| $33.4M | 0.03% |
208,567
+9,646
| +5% | +$1.55M |
|
511
Seagate
STX
$40.7B
| $33.2M | 0.03% |
534,607
-49,259
| -8% | -$3.06M |
|
512
Avantor
AVTR
$8.75B
| $33.2M | 0.03% |
1,180,011
+160,529
| +16% | +$4.52M |
|
513
Baker Hughes
BKR
$45B
| $33M | 0.03% |
1,581,486
+83,693
| +6% | +$1.75M |
|
514
Jacobs Solutions
J
$17.3B
| $32.8M | 0.03% |
363,778
+16,351
| +5% | +$1.47M |
|
|
AVLR
515
DELISTED
Avalara, Inc.
AVLR
| $32.7M | 0.03% |
198,544
+10,272
| +5% | +$1.69M |
|
516
MGM Resorts International
MGM
$9.8B
| $32.7M | 0.03% |
1,037,674
-34,466
| -3% | -$1.09M |
|
517
VICI Properties
VICI
$35.3B
| $32.6M | 0.03% |
1,277,381
+59,678
| +5% | +$1.52M |
|
518
ON Semiconductor
ON
$19.9B
| $32.3M | 0.02% |
986,638
+44,617
| +5% | +$1.46M |
|
|
HES
519
DELISTED
Hess
HES
| $32.3M | 0.02% |
611,122
+37,322
| +7% | +$1.97M |
|
520
Cognex
CGNX
$7.49B
| $32.2M | 0.02% |
401,368
+23,922
| +6% | +$1.92M |
|
521
Carvana
CVNA
$51.8B
| $32M | 0.02% |
133,555
+8,218
| +7% | +$1.97M |
|
522
PENN Entertainment
PENN
$2.93B
| $31.9M | 0.02% |
369,821
+53,583
| +17% | +$4.63M |
|
523
Wabtec
WAB
$32.5B
| $31.9M | 0.02% |
436,290
+19,930
| +5% | +$1.46M |
|
524
Caesars Entertainment
CZR
$5.28B
| $31.7M | 0.02% |
427,136
+112,290
| +36% | +$8.34M |
|
525
Advance Auto Parts
AAP
$3.66B
| $31.5M | 0.02% |
199,933
+4,271
| +2% | +$673K |
|