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 | |
|---|---|---|---|---|---|---|
851
XP
XP
$9.98B
| $13.2M | 0.01% |
332,293
+80,659
| +32% | +$3.2M |
|
852
Clarivate
CLVT
$2.94B
| $13.1M | 0.01% |
441,083
-5,101
| -1% | -$152K |
|
|
NVRO
853
DELISTED
NEVRO CORP.
NVRO
| $13.1M | 0.01% |
75,600
+5,700
| +8% | +$987K |
|
854
APA Corp
APA
$8.21B
| $13.1M | 0.01% |
920,368
+53,978
| +6% | +$766K |
|
855
EastGroup Properties
EGP
$8.88B
| $13.1M | 0.01% |
94,523
+6,593
| +7% | +$910K |
|
856
First Industrial Realty Trust
FR
$6.94B
| $13M | 0.01% |
309,722
+19,900
| +7% | +$838K |
|
857
Appian
APPN
$2.33B
| $13M | 0.01% |
80,412
+6,512
| +9% | +$1.06M |
|
|
ATH
858
DELISTED
Athene Holding Ltd. Class A Common Shares
ATH
| $13M | 0.01% |
301,523
+22,378
| +8% | +$965K |
|
859
Cleveland-Cliffs
CLF
$5.83B
| $13M | 0.01% |
891,289
-5,104
| -0.6% | -$74.3K |
|
860
Penumbra
PEN
$10.8B
| $13M | 0.01% |
74,112
+5,111
| +7% | +$894K |
|
861
Janus Henderson
JHG
$7.04B
| $13M | 0.01% |
398,406
+30,850
| +8% | +$1M |
|
862
Pegasystems
PEGA
$9.93B
| $12.9M | 0.01% |
194,304
+13,776
| +8% | +$918K |
|
863
Primerica
PRI
$8.87B
| $12.9M | 0.01% |
96,350
+6,257
| +7% | +$838K |
|
864
Denali Therapeutics
DNLI
$2.19B
| $12.9M | 0.01% |
153,898
+11,126
| +8% | +$932K |
|
865
Knight Transportation
KNX
$6.98B
| $12.9M | 0.01% |
307,501
+20,191
| +7% | +$844K |
|
866
Amcor
AMCR
$19.2B
| $12.8M | 0.01% |
1,090,843
-31,100
| -3% | -$366K |
|
867
Omnicell
OMCL
$1.52B
| $12.8M | 0.01% |
106,826
+9,114
| +9% | +$1.09M |
|
868
BridgeBio Pharma
BBIO
$10.1B
| $12.8M | 0.01% |
180,153
+14,816
| +9% | +$1.05M |
|
869
Tandem Diabetes Care
TNDM
$888M
| $12.8M | 0.01% |
133,719
+9,176
| +7% | +$878K |
|
870
Varonis Systems
VRNS
$6.38B
| $12.8M | 0.01% |
234,243
+20,019
| +9% | +$1.09M |
|
871
Tradeweb Markets
TW
$25.5B
| $12.7M | 0.01% |
203,778
+12,695
| +7% | +$793K |
|
872
Thor Industries
THO
$5.77B
| $12.7M | 0.01% |
136,811
+4,911
| +4% | +$457K |
|
873
Texas Roadhouse
TXRH
$11.1B
| $12.7M | 0.01% |
162,371
+11,029
| +7% | +$862K |
|
874
Pinnacle Financial Partners
PNFP
$7.55B
| $12.7M | 0.01% |
196,743
+17,484
| +10% | +$1.13M |
|
|
SYNH
875
DELISTED
Syneos Health, Inc. Class A Common Stock
SYNH
| $12.6M | 0.01% |
185,620
+39,821
| +27% | +$2.71M |
|