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 | |
|---|---|---|---|---|---|---|
826
First American
FAF
$6.91B
| $13.7M | 0.01% |
264,608
+11,853
| +5% | +$612K |
|
827
Freshpet
FRPT
$2.6B
| $13.6M | 0.01% |
96,082
+5,999
| +7% | +$852K |
|
828
Rexford Industrial Realty
REXR
$10.2B
| $13.6M | 0.01% |
277,529
-5,682
| -2% | -$279K |
|
829
Starwood Property Trust
STWD
$7.65B
| $13.6M | 0.01% |
705,771
+72,741
| +11% | +$1.4M |
|
|
MRO
830
DELISTED
Marathon Oil Corporation
MRO
| $13.6M | 0.01% |
2,036,782
+161,813
| +9% | +$1.08M |
|
831
Brookfield Renewable
BEPC
$6.07B
| $13.6M | 0.01% |
232,858
+667
| +0.3% | +$38.9K |
|
832
ManpowerGroup
MAN
$1.79B
| $13.6M | 0.01% |
150,328
+10,427
| +7% | +$940K |
|
833
Marriott Vacations Worldwide
VAC
$2.71B
| $13.5M | 0.01% |
98,665
+2,884
| +3% | +$396K |
|
834
Jefferies Financial Group
JEF
$13.8B
| $13.5M | 0.01% |
575,284
+10,898
| +2% | +$256K |
|
835
Southern Copper
SCCO
$84.3B
| $13.5M | 0.01% |
218,161
+16,404
| +8% | +$1.02M |
|
836
Silicon Laboratories
SLAB
$4.41B
| $13.5M | 0.01% |
106,145
+7,015
| +7% | +$893K |
|
837
Acadia Pharmaceuticals
ACAD
$4.12B
| $13.5M | 0.01% |
252,571
+727
| +0.3% | +$38.9K |
|
838
Wyndham Hotels & Resorts
WH
$6.56B
| $13.4M | 0.01% |
226,041
+16,945
| +8% | +$1.01M |
|
839
Mine Safety
MSA
$6.78B
| $13.4M | 0.01% |
89,777
+5,444
| +6% | +$813K |
|
840
Saic
SAIC
$4.78B
| $13.4M | 0.01% |
141,606
+3,551
| +3% | +$336K |
|
841
Royalty Pharma
RPRX
$15.7B
| $13.4M | 0.01% |
267,320
+80,344
| +43% | +$4.02M |
|
|
PPD
842
DELISTED
PPD, Inc. Common Stock
PPD
| $13.3M | 0.01% |
389,627
+103,172
| +36% | +$3.53M |
|
843
Autohome
ATHM
$3.42B
| $13.3M | 0.01% |
133,701
-3,909
| -3% | -$389K |
|
|
AIRC
844
DELISTED
Apartment Income REIT Corp.
AIRC
| $13.3M | 0.01% |
+345,800
| New | +$13.3M |
|
845
Yeti Holdings
YETI
$2.99B
| $13.3M | 0.01% |
193,865
+12,249
| +7% | +$839K |
|
846
Dropbox
DBX
$8.31B
| $13.2M | 0.01% |
596,859
+36,815
| +7% | +$817K |
|
847
Ingredion
INGR
$8.09B
| $13.2M | 0.01% |
168,101
-201,053
| -54% | -$15.8M |
|
848
Envista
NVST
$3.56B
| $13.2M | 0.01% |
391,954
+27,883
| +8% | +$941K |
|
849
Hanesbrands
HBI
$2.23B
| $13.2M | 0.01% |
906,254
+68,263
| +8% | +$995K |
|
850
MDU Resources
MDU
$3.33B
| $13.2M | 0.01% |
1,317,159
+93,403
| +8% | +$935K |
|