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 | |
|---|---|---|---|---|---|---|
1101
Ryder
R
$7.61B
| $8.83M | 0.01% |
142,965
+23,177
| +19% | +$1.43M |
|
1102
Warner Music
WMG
$17.6B
| $8.8M | 0.01% |
231,542
+29,212
| +14% | +$1.11M |
|
1103
Cardlytics
CDLX
$61.2M
| $8.73M | 0.01% |
61,170
+1,182
| +2% | +$169K |
|
1104
Dick's Sporting Goods
DKS
$20.7B
| $8.71M | 0.01% |
154,959
+6,635
| +4% | +$373K |
|
1105
FNB Corp
FNB
$5.88B
| $8.69M | 0.01% |
915,033
+137,953
| +18% | +$1.31M |
|
1106
Wintrust Financial
WTFC
$9.17B
| $8.67M | 0.01% |
141,909
+3,484
| +3% | +$213K |
|
1107
New Jersey Resources
NJR
$4.76B
| $8.67M | 0.01% |
243,750
+27,908
| +13% | +$992K |
|
1108
Watts Water Technologies
WTS
$9.29B
| $8.66M | 0.01% |
71,114
+8,174
| +13% | +$995K |
|
|
STL
1109
DELISTED
Sterling Bancorp
STL
| $8.64M | 0.01% |
480,659
+12,144
| +3% | +$218K |
|
1110
FormFactor
FORM
$2.27B
| $8.6M | 0.01% |
200,004
+23,543
| +13% | +$1.01M |
|
1111
Array Technologies
ARRY
$1.2B
| $8.6M | 0.01% |
+199,423
| New | +$8.6M |
|
1112
Community Bank
CBU
$3.13B
| $8.6M | 0.01% |
137,944
+15,902
| +13% | +$991K |
|
1113
Southwest Gas
SWX
$5.67B
| $8.59M | 0.01% |
141,340
+14,459
| +11% | +$878K |
|
1114
Carlyle Group
CG
$23.7B
| $8.56M | 0.01% |
272,241
+4,978
| +2% | +$157K |
|
1115
CNO Financial Group
CNO
$3.8B
| $8.55M | 0.01% |
384,757
+47,658
| +14% | +$1.06M |
|
1116
UFP Industries
UFPI
$5.84B
| $8.54M | 0.01% |
153,695
+15,586
| +11% | +$866K |
|
1117
Tenable Holdings
TENB
$3.63B
| $8.52M | 0.01% |
163,074
+18,374
| +13% | +$960K |
|
1118
Cerence
CRNC
$426M
| $8.51M | 0.01% |
84,722
+573
| +0.7% | +$57.6K |
|
|
ALLK
1119
DELISTED
Allakos
ALLK
| $8.47M | 0.01% |
60,516
+5,321
| +10% | +$745K |
|
|
BMCH
1120
DELISTED
BMC Stock Holdings, Inc
BMCH
| $8.47M | 0.01% |
157,689
+1,653
| +1% | +$88.7K |
|
1121
Ormat Technologies
ORA
$5.56B
| $8.44M | 0.01% |
93,493
+10,193
| +12% | +$920K |
|
1122
Select Medical
SEM
$1.54B
| $8.44M | 0.01% |
566,247
+77,208
| +16% | +$1.15M |
|
1123
Allete
ALE
$3.7B
| $8.44M | 0.01% |
136,212
+16,655
| +14% | +$1.03M |
|
1124
H&R Block
HRB
$6.73B
| $8.42M | 0.01% |
530,910
+81,168
| +18% | +$1.29M |
|
1125
TD Synnex
SNX
$12.5B
| $8.4M | 0.01% |
103,192
-99,118
| -49% | -$8.07M |
|