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 | |
|---|---|---|---|---|---|---|
1051
Enovis
ENOV
$1.81B
| $9.64M | 0.01% |
146,406
+13,572
| +10% | +$893K |
|
1052
Melco Resorts & Entertainment
MLCO
$3.89B
| $9.62M | 0.01% |
518,790
+50,786
| +11% | +$942K |
|
1053
Murphy USA
MUSA
$7.59B
| $9.62M | 0.01% |
73,504
+7,770
| +12% | +$1.02M |
|
1054
Choice Hotels
CHH
$5.33B
| $9.61M | 0.01% |
90,065
+10,022
| +13% | +$1.07M |
|
1055
Sabra Healthcare REIT
SBRA
$4.59B
| $9.57M | 0.01% |
550,818
+53,733
| +11% | +$933K |
|
1056
Hawaiian Electric Industries
HE
$2.1B
| $9.57M | 0.01% |
270,285
+23,803
| +10% | +$842K |
|
1057
The Ensign Group
ENSG
$9.75B
| $9.55M | 0.01% |
130,947
+13,017
| +11% | +$949K |
|
|
XEC
1058
DELISTED
CIMAREX ENERGY CO
XEC
| $9.52M | 0.01% |
253,814
+24,484
| +11% | +$918K |
|
1059
Radian Group
RDN
$4.81B
| $9.52M | 0.01% |
469,938
+6,872
| +1% | +$139K |
|
|
BHVN
1060
DELISTED
Biohaven Pharmaceutical Holding Company Ltd.
BHVN
| $9.49M | 0.01% |
110,702
+1,810
| +2% | +$155K |
|
1061
Ovintiv
OVV
$10.9B
| $9.46M | 0.01% |
659,086
+39,384
| +6% | +$566K |
|
|
BCPC
1062
Balchem Corporation
BCPC
$5.17B
| $9.46M | 0.01% |
82,070
+8,369
| +11% | +$964K |
|
1063
Valmont Industries
VMI
$7.63B
| $9.45M | 0.01% |
54,041
+5,868
| +12% | +$1.03M |
|
1064
Kornit Digital
KRNT
$667M
| $9.45M | 0.01% |
105,967
+11,605
| +12% | +$1.03M |
|
1065
WillScot Mobile Mini Holdings
WSC
$4.29B
| $9.44M | 0.01% |
407,370
+43,703
| +12% | +$1.01M |
|
1066
Bank OZK
OZK
$5.91B
| $9.37M | 0.01% |
299,783
+9,149
| +3% | +$286K |
|
|
DOC
1067
DELISTED
PHYSICIANS REALTY TRUST
DOC
| $9.37M | 0.01% |
526,418
+50,854
| +11% | +$905K |
|
|
MBT
1068
DELISTED
Mobile TeleSystems Public Joint Stock Company American Depositary Shares (Each representing 2 Shares
MBT
| $9.37M | 0.01% |
1,046,608
-8,070
| -0.8% | -$72.2K |
|
1069
Avnet
AVT
$4.52B
| $9.37M | 0.01% |
266,754
+30,635
| +13% | +$1.08M |
|
|
GAP
1070
The Gap, Inc.
GAP
$8.99B
| $9.34M | 0.01% |
462,384
+46,452
| +11% | +$938K |
|
1071
WNS Holdings
WNS
$3.25B
| $9.33M | 0.01% |
129,526
+12,666
| +11% | +$913K |
|
1072
First Citizens BancShares
FCNCA
$25.4B
| $9.33M | 0.01% |
16,249
+1,573
| +11% | +$903K |
|
|
COHR
1073
DELISTED
Coherent Inc
COHR
| $9.33M | 0.01% |
62,179
+7,030
| +13% | +$1.05M |
|
1074
Avient
AVNT
$3.44B
| $9.32M | 0.01% |
231,295
+15,364
| +7% | +$619K |
|
1075
Advanced Energy
AEIS
$6.02B
| $9.31M | 0.01% |
96,043
+9,841
| +11% | +$954K |
|