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 | |
|---|---|---|---|---|---|---|
676
Molson Coors Class B
TAP
$9.7B
| $19.6M | 0.02% |
432,736
+27,230
| +7% | +$1.23M |
|
677
Brookfield Renewable
BEP
$7.14B
| $19.4M | 0.02% |
450,742
+26,344
| +6% | +$1.14M |
|
678
Autoliv
ALV
$9.63B
| $19.4M | 0.02% |
210,861
+10,996
| +6% | +$1.01M |
|
679
Diamondback Energy
FANG
$40.4B
| $19.4M | 0.02% |
400,948
+25,895
| +7% | +$1.25M |
|
680
Dynatrace
DT
$14.4B
| $19.3M | 0.01% |
447,073
+26,517
| +6% | +$1.15M |
|
|
PRAH
681
DELISTED
PRA Health Sciences, Inc.
PRAH
| $19.3M | 0.01% |
154,171
+9,572
| +7% | +$1.2M |
|
682
Deckers Outdoor
DECK
$16.9B
| $19.3M | 0.01% |
404,520
+19,092
| +5% | +$913K |
|
|
DISH
683
DELISTED
DISH Network Corp.
DISH
| $19.3M | 0.01% |
596,958
+26,685
| +5% | +$863K |
|
|
NLSN
684
DELISTED
Nielsen Holdings plc
NLSN
| $19.3M | 0.01% |
922,945
+58,430
| +7% | +$1.22M |
|
685
Liberty Media Series C
FWONK
$24.7B
| $19.2M | 0.01% |
466,507
+34,175
| +8% | +$1.41M |
|
686
IPG Photonics
IPGP
$3.44B
| $19.1M | 0.01% |
85,283
+4,410
| +5% | +$987K |
|
687
Regency Centers
REG
$13.1B
| $19M | 0.01% |
417,552
+26,260
| +7% | +$1.2M |
|
|
BERY
688
DELISTED
Berry Global Group, Inc.
BERY
| $19M | 0.01% |
368,451
+19,377
| +6% | +$1,000K |
|
689
Paylocity
PCTY
$9.34B
| $19M | 0.01% |
92,093
+12,690
| +16% | +$2.61M |
|
690
Steel Dynamics
STLD
$19.5B
| $18.9M | 0.01% |
513,496
+33,076
| +7% | +$1.22M |
|
691
Genpact
G
$7.49B
| $18.8M | 0.01% |
455,719
+20,237
| +5% | +$837K |
|
|
PFPT
692
DELISTED
Proofpoint, Inc.
PFPT
| $18.7M | 0.01% |
137,184
+7,775
| +6% | +$1.06M |
|
693
Aecom
ACM
$16.6B
| $18.7M | 0.01% |
374,997
+18,182
| +5% | +$905K |
|
|
IPHI
694
DELISTED
INPHI CORPORATION
IPHI
| $18.7M | 0.01% |
116,273
+6,430
| +6% | +$1.03M |
|
695
Arrow Electronics
ARW
$6.54B
| $18.6M | 0.01% |
191,113
+5,106
| +3% | +$497K |
|
|
RP
696
DELISTED
RealPage, Inc.
RP
| $18.5M | 0.01% |
212,546
+12,169
| +6% | +$1.06M |
|
697
Zillow
ZG
$20B
| $18.5M | 0.01% |
135,757
+2,445
| +2% | +$332K |
|
698
Lithia Motors
LAD
$8.64B
| $18.4M | 0.01% |
62,914
+9,264
| +17% | +$2.71M |
|
699
Axon Enterprise
AXON
$58.7B
| $18.4M | 0.01% |
150,120
+7,680
| +5% | +$941K |
|
|
EV
700
DELISTED
Eaton Vance Corp.
EV
| $18.4M | 0.01% |
270,164
+15,539
| +6% | +$1.06M |
|