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 | |
|---|---|---|---|---|---|---|
601
GDS Holdings
GDS
$6.42B
| $23.8M | 0.02% |
254,176
+36,752
| +17% | +$3.44M |
|
|
MMP
602
DELISTED
Magellan Midstream Partners, L.P.
MMP
| $23.7M | 0.02% |
558,370
+36,182
| +7% | +$1.54M |
|
603
Universal Display
OLED
$6.52B
| $23.7M | 0.02% |
102,955
+4,826
| +5% | +$1.11M |
|
604
Live Nation Entertainment
LYV
$39.6B
| $23.5M | 0.02% |
319,750
+17,884
| +6% | +$1.31M |
|
605
Trex
TREX
$6.43B
| $23.5M | 0.02% |
280,295
+13,423
| +5% | +$1.12M |
|
606
Bright Horizons
BFAM
$6.36B
| $23.4M | 0.02% |
135,272
+7,558
| +6% | +$1.31M |
|
607
NRG Energy
NRG
$31.2B
| $23.3M | 0.02% |
621,171
+29,040
| +5% | +$1.09M |
|
608
BorgWarner
BWA
$9.34B
| $23.1M | 0.02% |
678,202
+132,027
| +24% | +$4.49M |
|
609
Elastic
ESTC
$9.56B
| $23M | 0.02% |
157,710
+21,410
| +16% | +$3.13M |
|
610
Lennox International
LII
$19.6B
| $22.8M | 0.02% |
83,392
+3,726
| +5% | +$1.02M |
|
611
Jazz Pharmaceuticals
JAZZ
$7.7B
| $22.8M | 0.02% |
138,294
+9,657
| +8% | +$1.59M |
|
612
Darling Ingredients
DAR
$4.95B
| $22.8M | 0.02% |
395,159
+22,715
| +6% | +$1.31M |
|
613
DaVita
DVA
$9.46B
| $22.8M | 0.02% |
193,939
-6,894
| -3% | -$809K |
|
|
MRTX
614
DELISTED
Mirati Therapeutics, Inc. Common Stock
MRTX
| $22.7M | 0.02% |
103,394
+18,270
| +21% | +$4.01M |
|
615
Gaming and Leisure Properties
GLPI
$13.6B
| $22.6M | 0.02% |
532,514
+54,027
| +11% | +$2.29M |
|
616
Snap-on
SNA
$16.9B
| $22.5M | 0.02% |
131,378
+6,010
| +5% | +$1.03M |
|
|
AMED
617
DELISTED
Amedisys
AMED
| $22.5M | 0.02% |
76,639
+4,115
| +6% | +$1.21M |
|
|
DISCK
618
DELISTED
Discovery, Inc. Series C Common Stock
DISCK
| $22.4M | 0.02% |
855,838
+67,497
| +9% | +$1.77M |
|
619
Amdocs
DOX
$9.23B
| $22.4M | 0.02% |
315,148
+5,794
| +2% | +$411K |
|
620
First Solar
FSLR
$21.9B
| $22.3M | 0.02% |
225,307
+46,927
| +26% | +$4.64M |
|
621
Fox Class A
FOXA
$25.5B
| $22.1M | 0.02% |
758,553
-15,564
| -2% | -$453K |
|
622
WEX
WEX
$5.81B
| $22M | 0.02% |
107,863
+5,965
| +6% | +$1.21M |
|
623
Flex
FLEX
$21.7B
| $21.9M | 0.02% |
1,615,881
+89,637
| +6% | +$1.21M |
|
624
PagSeguro Digital
PAGS
$2.7B
| $21.8M | 0.02% |
382,807
+16,507
| +5% | +$939K |
|
625
CRISPR Therapeutics
CRSP
$4.71B
| $21.7M | 0.02% |
141,569
+19,166
| +16% | +$2.93M |
|