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 | |
|---|---|---|---|---|---|---|
776
Performance Food Group
PFGC
$16.3B
| $15.3M | 0.01% |
321,222
+19,086
| +6% | +$909K |
|
777
Beyond Meat
BYND
$191M
| $15.3M | 0.01% |
122,216
+7,116
| +6% | +$890K |
|
778
Fastly
FSLY
$1.08B
| $15.2M | 0.01% |
174,516
-5,607
| -3% | -$490K |
|
779
Tetra Tech
TTEK
$9.37B
| $15.2M | 0.01% |
657,325
+40,680
| +7% | +$942K |
|
780
Novavax
NVAX
$1.29B
| $15.2M | 0.01% |
136,081
-4,543
| -3% | -$507K |
|
781
QuantumScape
QS
$4.73B
| $15.1M | 0.01% |
+179,285
| New | +$15.1M |
|
782
Exelixis
EXEL
$10.1B
| $15.1M | 0.01% |
754,189
+54,657
| +8% | +$1.1M |
|
783
KE Holdings
BEKE
$23.5B
| $15.1M | 0.01% |
245,776
-7,418
| -3% | -$457K |
|
784
CACI
CACI
$10.7B
| $15.1M | 0.01% |
60,618
+3,761
| +7% | +$938K |
|
|
XLRN
785
DELISTED
Acceleron Pharma Inc.
XLRN
| $15.1M | 0.01% |
118,053
+273
| +0.2% | +$34.9K |
|
786
Dolby
DLB
$6.8B
| $15.1M | 0.01% |
155,229
+8,311
| +6% | +$807K |
|
787
Chewy
CHWY
$14.6B
| $15.1M | 0.01% |
167,640
+18,356
| +12% | +$1.65M |
|
788
Lattice Semiconductor
LSCC
$9.06B
| $15M | 0.01% |
328,281
+14,073
| +4% | +$645K |
|
789
Perrigo
PRGO
$3.04B
| $15M | 0.01% |
336,281
+22,173
| +7% | +$992K |
|
790
TopBuild
BLD
$11.8B
| $15M | 0.01% |
81,642
+6,016
| +8% | +$1.11M |
|
791
Compañía de Minas Buenaventura
BVN
$5.09B
| $15M | 0.01% |
1,227,912
-90,547
| -7% | -$1.1M |
|
792
Brunswick
BC
$4.23B
| $14.9M | 0.01% |
195,860
+13,318
| +7% | +$1.02M |
|
793
Littelfuse
LFUS
$6.54B
| $14.9M | 0.01% |
58,453
+3,930
| +7% | +$1M |
|
794
Axalta
AXTA
$6.7B
| $14.9M | 0.01% |
520,328
+31,344
| +6% | +$895K |
|
795
Healthcare Realty
HR
$6.44B
| $14.8M | 0.01% |
538,239
+33,658
| +7% | +$927K |
|
796
Leggett & Platt
LEG
$1.35B
| $14.8M | 0.01% |
332,948
+26,869
| +9% | +$1.19M |
|
797
Sonoco
SON
$4.54B
| $14.7M | 0.01% |
247,417
+16,570
| +7% | +$982K |
|
798
Mattel
MAT
$5.78B
| $14.6M | 0.01% |
837,758
+53,442
| +7% | +$933K |
|
799
Harley-Davidson
HOG
$3.65B
| $14.6M | 0.01% |
397,650
+25,334
| +7% | +$930K |
|
800
Western Alliance Bancorporation
WAL
$9.8B
| $14.6M | 0.01% |
243,366
+16,874
| +7% | +$1.01M |
|