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 | |
|---|---|---|---|---|---|---|
901
Cullen/Frost Bankers
CFR
$8.23B
| $12.2M | 0.01% |
140,064
+11,329
| +9% | +$988K |
|
902
Ralph Lauren
RL
$19.2B
| $12.2M | 0.01% |
117,621
+8,819
| +8% | +$915K |
|
903
Landstar System
LSTR
$4.59B
| $12.2M | 0.01% |
90,561
+3,503
| +4% | +$472K |
|
904
Timken Company
TKR
$5.51B
| $12.2M | 0.01% |
157,360
+8,671
| +6% | +$671K |
|
905
Inspire Medical Systems
INSP
$2.45B
| $12.1M | 0.01% |
64,545
+4,588
| +8% | +$863K |
|
906
Flowserve
FLS
$7.41B
| $12.1M | 0.01% |
328,027
+26,007
| +9% | +$958K |
|
907
Digital Turbine
APPS
$494M
| $12.1M | 0.01% |
213,612
+20,955
| +11% | +$1.19M |
|
908
Builders FirstSource
BLDR
$16.2B
| $12.1M | 0.01% |
295,338
+26,652
| +10% | +$1.09M |
|
909
Douglas Emmett
DEI
$2.81B
| $12M | 0.01% |
412,872
+33,183
| +9% | +$968K |
|
910
Power Integrations
POWI
$2.56B
| $12M | 0.01% |
146,685
+12,076
| +9% | +$989K |
|
911
Idacorp
IDA
$6.79B
| $12M | 0.01% |
124,919
+9,969
| +9% | +$957K |
|
|
MNDT
912
DELISTED
Mandiant, Inc. Common Stock
MNDT
| $12M | 0.01% |
520,071
+13,219
| +3% | +$305K |
|
913
Globus Medical
GMED
$8.05B
| $12M | 0.01% |
183,705
+14,346
| +8% | +$936K |
|
914
Zurn Elkay Water Solutions
ZWS
$7.92B
| $12M | 0.01% |
629,321
+48,369
| +8% | +$920K |
|
915
Cirrus Logic
CRUS
$5.91B
| $12M | 0.01% |
145,626
+12,248
| +9% | +$1.01M |
|
916
Fox Class B
FOX
$25.9B
| $12M | 0.01% |
413,942
+48,573
| +13% | +$1.4M |
|
917
Mercury Systems
MRCY
$4.38B
| $11.9M | 0.01% |
135,677
+21,477
| +19% | +$1.89M |
|
|
FLG
918
Flagstar Financial, Inc.
FLG
$5.3B
| $11.9M | 0.01% |
376,222
+34,063
| +10% | +$1.08M |
|
919
Air Lease Corp
AL
$7.1B
| $11.9M | 0.01% |
267,392
+20,879
| +8% | +$927K |
|
920
First Financial Bankshares
FFIN
$5.13B
| $11.9M | 0.01% |
328,194
+34,494
| +12% | +$1.25M |
|
921
Saia
SAIA
$8.41B
| $11.9M | 0.01% |
65,553
+4,885
| +8% | +$883K |
|
922
HealthEquity
HQY
$7.96B
| $11.8M | 0.01% |
169,583
+13,083
| +8% | +$912K |
|
923
Iridium Communications
IRDM
$1.95B
| $11.8M | 0.01% |
299,802
+29,011
| +11% | +$1.14M |
|
|
EVBG
924
DELISTED
Everbridge, Inc. Common Stock
EVBG
| $11.8M | 0.01% |
78,989
-182
| -0.2% | -$27.1K |
|
925
Kemper
KMPR
$3.36B
| $11.8M | 0.01% |
153,182
+11,324
| +8% | +$870K |
|