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 | |
|---|---|---|---|---|---|---|
|
TPTX
951
DELISTED
Turning Point Therapeutics, Inc. Common Stock
TPTX
| $11.2M | 0.01% |
91,930
+17,518
| +24% | +$2.13M |
|
952
Adaptive Biotechnologies
ADPT
$2.05B
| $11.2M | 0.01% |
189,335
+30,135
| +19% | +$1.78M |
|
953
Evercore
EVR
$13.3B
| $11.2M | 0.01% |
102,033
+9,203
| +10% | +$1.01M |
|
954
Acadia Healthcare
ACHC
$2.06B
| $11.2M | 0.01% |
222,457
+22,033
| +11% | +$1.11M |
|
955
Ollie's Bargain Outlet
OLLI
$8.07B
| $11.2M | 0.01% |
136,357
+21,511
| +19% | +$1.76M |
|
956
Maximus
MMS
$5.08B
| $11.1M | 0.01% |
152,194
+11,209
| +8% | +$820K |
|
|
FL
957
DELISTED
Foot Locker
FL
| $11.1M | 0.01% |
275,255
+25,358
| +10% | +$1.03M |
|
958
Glacier Bancorp
GBCI
$5.8B
| $11.1M | 0.01% |
240,931
+22,606
| +10% | +$1.04M |
|
959
Flowers Foods
FLO
$3.01B
| $11.1M | 0.01% |
489,065
+37,022
| +8% | +$838K |
|
960
Azenta
AZTA
$1.43B
| $11.1M | 0.01% |
162,997
+10,726
| +7% | +$728K |
|
|
CCMP
961
DELISTED
CMC Materials, Inc. Common Stock
CCMP
| $11.1M | 0.01% |
+73,086
| New | +$11.1M |
|
|
SRC
962
DELISTED
SPIRIT REALTY CAPITAL, INC.
SRC
| $11M | 0.01% |
274,960
+33,141
| +14% | +$1.33M |
|
963
Skechers
SKX
$9.49B
| $11M | 0.01% |
307,299
-3,082
| -1% | -$111K |
|
964
Verint Systems
VRNT
$1.23B
| $11M | 0.01% |
322,707
+26,090
| +9% | +$893K |
|
|
QVCGA
965
QVC Group, Inc. Series A Common Stock
QVCGA
$87.4M
| $11M | 0.01% |
20,091
+1,808
| +10% | +$992K |
|
966
ACI Worldwide
ACIW
$5.22B
| $11M | 0.01% |
286,645
+24,669
| +9% | +$948K |
|
967
Lazard
LAZ
$5.35B
| $11M | 0.01% |
260,335
+20,731
| +9% | +$877K |
|
968
Hanover Insurance
THG
$6.51B
| $11M | 0.01% |
94,184
+6,113
| +7% | +$715K |
|
969
Fox Factory Holding Corp
FOXF
$1.2B
| $10.9M | 0.01% |
103,572
+9,265
| +10% | +$979K |
|
970
Kodiak Sciences
KOD
$524M
| $10.9M | 0.01% |
74,428
+8,322
| +13% | +$1.22M |
|
971
Highwoods Properties
HIW
$3.49B
| $10.9M | 0.01% |
275,845
+36,649
| +15% | +$1.45M |
|
972
RBC Bearings
RBC
$12.2B
| $10.9M | 0.01% |
60,995
+5,054
| +9% | +$905K |
|
973
Grand Canyon Education
LOPE
$5.88B
| $10.8M | 0.01% |
116,447
+18,275
| +19% | +$1.7M |
|
974
Tenet Healthcare
THC
$17.1B
| $10.8M | 0.01% |
271,502
+24,487
| +10% | +$978K |
|
|
XIFR
975
XPLR Infrastructure, LP
XIFR
$949M
| $10.8M | 0.01% |
161,558
+13,866
| +9% | +$930K |
|