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 | |
|---|---|---|---|---|---|---|
751
Invesco
IVZ
$9.88B
| $16.2M | 0.01% |
929,253
+18,684
| +2% | +$326K |
|
|
HRC
752
DELISTED
HILL-ROM HOLDINGS, INC.
HRC
| $16.2M | 0.01% |
165,116
+12,076
| +8% | +$1.18M |
|
753
Lincoln Electric
LECO
$13.4B
| $16.2M | 0.01% |
138,976
+5,651
| +4% | +$657K |
|
754
Manhattan Associates
MANH
$12.8B
| $16.1M | 0.01% |
153,368
+7,960
| +5% | +$837K |
|
|
RDFN
755
DELISTED
Redfin
RDFN
| $16.1M | 0.01% |
234,272
+14,163
| +6% | +$972K |
|
756
Casey's General Stores
CASY
$20B
| $16.1M | 0.01% |
89,875
+5,101
| +6% | +$911K |
|
757
Federal Realty Investment Trust
FRT
$8.67B
| $16M | 0.01% |
188,420
+13,759
| +8% | +$1.17M |
|
758
Post Holdings
POST
$5.69B
| $16M | 0.01% |
242,353
+15,888
| +7% | +$1.05M |
|
759
Vornado Realty Trust
VNO
$7.77B
| $16M | 0.01% |
428,987
+4,176
| +1% | +$156K |
|
760
SEI Investments
SEIC
$10.7B
| $16M | 0.01% |
278,477
+13,600
| +5% | +$782K |
|
761
CubeSmart
CUBE
$9.29B
| $15.7M | 0.01% |
468,238
+27,255
| +6% | +$916K |
|
762
AGCO
AGCO
$8.02B
| $15.7M | 0.01% |
152,593
+9,504
| +7% | +$980K |
|
|
LHCG
763
DELISTED
LHC Group LLC
LHCG
| $15.7M | 0.01% |
73,745
+4,292
| +6% | +$916K |
|
764
Fate Therapeutics
FATE
$115M
| $15.7M | 0.01% |
172,887
+10,807
| +7% | +$983K |
|
765
Targa Resources
TRGP
$35.2B
| $15.6M | 0.01% |
593,022
+40,162
| +7% | +$1.06M |
|
766
Coterra Energy
CTRA
$18.6B
| $15.6M | 0.01% |
958,967
+59,786
| +7% | +$973K |
|
|
CDK
767
DELISTED
CDK Global, Inc.
CDK
| $15.6M | 0.01% |
300,793
-734,156
| -71% | -$38.1M |
|
768
Devon Energy
DVN
$22.5B
| $15.6M | 0.01% |
983,537
+75,431
| +8% | +$1.19M |
|
769
Iovance Biotherapeutics
IOVA
$861M
| $15.5M | 0.01% |
334,685
+19,823
| +6% | +$920K |
|
|
SRCL
770
DELISTED
Stericycle Inc
SRCL
| $15.5M | 0.01% |
223,801
+12,543
| +6% | +$870K |
|
771
Alaska Air
ALK
$7.22B
| $15.5M | 0.01% |
297,512
+7,963
| +3% | +$414K |
|
772
Kimco Realty
KIM
$15.1B
| $15.4M | 0.01% |
1,026,543
+28,138
| +3% | +$422K |
|
773
CyberArk
CYBR
$23.6B
| $15.4M | 0.01% |
95,306
+8,098
| +9% | +$1.31M |
|
774
American Financial Group
AFG
$11.4B
| $15.3M | 0.01% |
174,907
+6,793
| +4% | +$595K |
|
775
Prosperity Bancshares
PB
$6.4B
| $15.3M | 0.01% |
220,505
+15,726
| +8% | +$1.09M |
|