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 | |
|---|---|---|---|---|---|---|
|
CHNG
1001
DELISTED
Change Healthcare Inc. Common Stock
CHNG
| $10.5M | 0.01% |
560,528
+52,528
| +10% | +$980K |
|
1002
Simpson Manufacturing
SSD
$8.07B
| $10.4M | 0.01% |
111,650
+10,005
| +10% | +$935K |
|
1003
Kinsale Capital Group
KNSL
$10.2B
| $10.4M | 0.01% |
52,125
+3,402
| +7% | +$681K |
|
1004
Nomad Foods
NOMD
$2.14B
| $10.4M | 0.01% |
410,362
+102,294
| +33% | +$2.6M |
|
1005
Neogen
NEOG
$1.25B
| $10.4M | 0.01% |
261,552
+41,952
| +19% | +$1.66M |
|
1006
Hexcel
HXL
$4.98B
| $10.3M | 0.01% |
213,361
+16,808
| +9% | +$815K |
|
1007
RLI Corp
RLI
$6.15B
| $10.3M | 0.01% |
198,650
+18,848
| +10% | +$982K |
|
1008
Spirit AeroSystems
SPR
$4.61B
| $10.3M | 0.01% |
264,589
+23,034
| +10% | +$900K |
|
1009
Concentrix
CNXC
$3.4B
| $10.3M | 0.01% |
+104,771
| New | +$10.3M |
|
1010
WESCO International
WCC
$10.7B
| $10.3M | 0.01% |
131,327
+12,479
| +10% | +$980K |
|
1011
Protolabs
PRLB
$1.2B
| $10.3M | 0.01% |
67,052
+5,993
| +10% | +$919K |
|
1012
United Bankshares
UBSI
$5.4B
| $10.3M | 0.01% |
316,461
+35,612
| +13% | +$1.15M |
|
1013
Vertiv
VRT
$51.8B
| $10.2M | 0.01% |
548,931
+47,338
| +9% | +$884K |
|
1014
Xerox
XRX
$466M
| $10.2M | 0.01% |
440,949
+10,845
| +3% | +$252K |
|
1015
HF Sinclair
DINO
$9.68B
| $10.2M | 0.01% |
393,871
+36,719
| +10% | +$949K |
|
|
HR
1016
DELISTED
Healthcare Realty Trust Incorporated
HR
| $10.1M | 0.01% |
342,755
+31,640
| +10% | +$937K |
|
1017
iQIYI
IQ
$2.52B
| $10.1M | 0.01% |
580,169
+39,301
| +7% | +$687K |
|
1018
FTI Consulting
FCN
$5.4B
| $10.1M | 0.01% |
90,737
+7,416
| +9% | +$829K |
|
1019
Travel + Leisure Co
TNL
$4.11B
| $10.1M | 0.01% |
225,590
+20,162
| +10% | +$904K |
|
1020
Park Hotels & Resorts
PK
$2.4B
| $10.1M | 0.01% |
589,692
+48,553
| +9% | +$833K |
|
1021
Louisiana-Pacific
LPX
$6.81B
| $10.1M | 0.01% |
271,957
+11,845
| +5% | +$440K |
|
1022
Emergent Biosolutions
EBS
$439M
| $10.1M | 0.01% |
112,803
+10,147
| +10% | +$909K |
|
1023
Novanta
NOVT
$4.24B
| $10M | 0.01% |
84,849
+7,198
| +9% | +$851K |
|
1024
Vontier
VNT
$6.34B
| $10M | 0.01% |
+300,085
| New | +$10M |
|
1025
ONE Gas
OGS
$4.56B
| $10M | 0.01% |
130,414
+11,320
| +10% | +$869K |
|