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 | |
|---|---|---|---|---|---|---|
726
Lumentum
LITE
$11.5B
| $17.3M | 0.01% |
181,991
+10,648
| +6% | +$1.01M |
|
727
First Horizon
FHN
$11.5B
| $17.2M | 0.01% |
1,349,043
+33,767
| +3% | +$431K |
|
728
Arrowhead Research
ARWR
$3.99B
| $17.1M | 0.01% |
223,126
+10,836
| +5% | +$831K |
|
729
Donaldson
DCI
$9.34B
| $17.1M | 0.01% |
305,172
+13,981
| +5% | +$781K |
|
|
SMAR
730
DELISTED
Smartsheet Inc.
SMAR
| $17.1M | 0.01% |
246,102
-6,103
| -2% | -$423K |
|
731
Royal Gold
RGLD
$12.3B
| $17M | 0.01% |
160,295
+9,273
| +6% | +$986K |
|
732
American Airlines Group
AAL
$8.46B
| $17M | 0.01% |
1,080,484
+37,817
| +4% | +$596K |
|
733
Ionis Pharmaceuticals
IONS
$10.2B
| $17M | 0.01% |
300,806
+2,823
| +0.9% | +$160K |
|
734
Commerce Bancshares
CBSH
$8B
| $17M | 0.01% |
313,901
+18,960
| +6% | +$1.02M |
|
735
RH
RH
$4.29B
| $16.9M | 0.01% |
37,693
+2,077
| +6% | +$929K |
|
736
SiteOne Landscape Supply
SITE
$6.39B
| $16.9M | 0.01% |
106,254
+6,302
| +6% | +$1,000K |
|
737
Americold
COLD
$3.76B
| $16.8M | 0.01% |
448,812
+20,550
| +5% | +$767K |
|
|
TMX
738
DELISTED
Terminix Global Holdings, Inc.
TMX
| $16.7M | 0.01% |
+328,107
| New | +$16.7M |
|
739
PVH
PVH
$3.93B
| $16.7M | 0.01% |
178,226
+18,051
| +11% | +$1.69M |
|
740
DXC Technology
DXC
$2.55B
| $16.7M | 0.01% |
648,356
+44,489
| +7% | +$1.15M |
|
741
iRhythm Technologies
IRTC
$5.85B
| $16.6M | 0.01% |
70,053
+7,484
| +12% | +$1.78M |
|
742
Woodward
WWD
$14.3B
| $16.6M | 0.01% |
136,209
+6,917
| +5% | +$841K |
|
|
GRUB
743
DELISTED
Just Eat Takeaway.com N.V. American Depositary Shares
GRUB
| $16.4M | 0.01% |
110,726
+14,324
| +15% | +$2.13M |
|
744
Huntington Ingalls Industries
HII
$10.7B
| $16.4M | 0.01% |
96,254
+5,412
| +6% | +$923K |
|
745
Kohl's
KSS
$1.8B
| $16.3M | 0.01% |
401,564
+25,743
| +7% | +$1.05M |
|
746
ITT
ITT
$13.6B
| $16.3M | 0.01% |
212,116
+12,007
| +6% | +$925K |
|
747
BlackLine
BL
$3.32B
| $16.3M | 0.01% |
122,257
+7,900
| +7% | +$1.05M |
|
748
Kilroy Realty
KRC
$4.98B
| $16.3M | 0.01% |
284,067
+17,500
| +7% | +$1M |
|
749
QuidelOrtho
QDEL
$1.88B
| $16.3M | 0.01% |
90,569
+5,064
| +6% | +$910K |
|
750
Jabil
JBL
$23.2B
| $16.2M | 0.01% |
381,313
+23,529
| +7% | +$1M |
|