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 | |
|---|---|---|---|---|---|---|
626
Neurocrine Biosciences
NBIX
$14B
| $21.7M | 0.02% |
226,088
+14,882
| +7% | +$1.43M |
|
627
Bath & Body Works
BBWI
$5.81B
| $21.6M | 0.02% |
717,527
+38,428
| +6% | +$1.16M |
|
628
Liberty Global Class C
LBTYK
$3.99B
| $21.5M | 0.02% |
909,776
+7,162
| +0.8% | +$169K |
|
629
Aramark
ARMK
$10B
| $21.4M | 0.02% |
771,872
+44,131
| +6% | +$1.23M |
|
630
CF Industries
CF
$14.1B
| $21.4M | 0.02% |
552,742
+33,056
| +6% | +$1.28M |
|
631
Five Below
FIVE
$8.05B
| $21.4M | 0.02% |
122,146
+7,846
| +7% | +$1.37M |
|
632
Zai Lab
ZLAB
$3.16B
| $21.4M | 0.02% |
157,905
-383
| -0.2% | -$51.8K |
|
633
Floor & Decor
FND
$9.16B
| $21.2M | 0.02% |
228,828
+14,461
| +7% | +$1.34M |
|
|
ZNGA
634
DELISTED
ZYNGA INC. CL A COMMON
ZNGA
| $21.2M | 0.02% |
2,144,676
+107,624
| +5% | +$1.06M |
|
635
Pentair
PNR
$17.9B
| $21.2M | 0.02% |
398,628
+16,846
| +4% | +$894K |
|
|
PLAN
636
DELISTED
Anaplan, Inc.
PLAN
| $21.2M | 0.02% |
294,438
+20,584
| +8% | +$1.48M |
|
|
AZPN
637
DELISTED
ASPEN TECHNOLOGY INC
AZPN
| $21.1M | 0.02% |
162,191
+7,352
| +5% | +$958K |
|
|
CONE
638
DELISTED
CyrusOne Inc Common Stock
CONE
| $21.1M | 0.02% |
287,812
+20,538
| +8% | +$1.5M |
|
|
IAA
639
DELISTED
IAA, Inc. Common Stock
IAA
| $21.1M | 0.02% |
323,976
+16,379
| +5% | +$1.06M |
|
640
Ultragenyx Pharmaceutical
RARE
$3.02B
| $21M | 0.02% |
151,797
+31,856
| +27% | +$4.41M |
|
641
Mohawk Industries
MHK
$8.41B
| $21M | 0.02% |
148,953
+8,564
| +6% | +$1.21M |
|
642
Tapestry
TPR
$21.9B
| $20.9M | 0.02% |
673,054
+5,178
| +0.8% | +$161K |
|
643
Newell Brands
NWL
$2.54B
| $20.8M | 0.02% |
980,738
+67,289
| +7% | +$1.43M |
|
644
AptarGroup
ATR
$8.98B
| $20.8M | 0.02% |
151,950
+5,163
| +4% | +$707K |
|
645
Owens Corning
OC
$12.8B
| $20.8M | 0.02% |
274,228
+14,876
| +6% | +$1.13M |
|
646
Hubbell
HUBB
$23.5B
| $20.6M | 0.02% |
131,595
+6,889
| +6% | +$1.08M |
|
647
New York Times
NYT
$9.37B
| $20.6M | 0.02% |
398,232
+23,547
| +6% | +$1.22M |
|
648
HEICO Class A
HEI.A
$35B
| $20.5M | 0.02% |
175,310
+16,748
| +11% | +$1.96M |
|
649
MPLX
MPLX
$50.8B
| $20.4M | 0.02% |
943,720
+37,454
| +4% | +$811K |
|
650
The Mosaic Company
MOS
$10.6B
| $20.4M | 0.02% |
885,802
+51,067
| +6% | +$1.18M |
|