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 | |
|---|---|---|---|---|---|---|
1176
Nektar Therapeutics
NKTR
$873M
| $7.66M | 0.01% |
30,035
+5,842
| +24% | +$1.49M |
|
1177
Meritage Homes
MTH
$5.66B
| $7.65M | 0.01% |
184,772
+4,920
| +3% | +$204K |
|
1178
Old National Bancorp
ONB
$8.83B
| $7.65M | 0.01% |
461,992
+86,391
| +23% | +$1.43M |
|
|
VNET
1179
VNET Group
VNET
$2.57B
| $7.65M | 0.01% |
220,406
+34,420
| +19% | +$1.19M |
|
1180
EXL Service
EXLS
$7.04B
| $7.62M | 0.01% |
447,380
+55,300
| +14% | +$942K |
|
1181
Plains All American Pipeline
PAA
$12.3B
| $7.61M | 0.01% |
923,757
+30,161
| +3% | +$249K |
|
1182
Kratos Defense & Security Solutions
KTOS
$11.4B
| $7.61M | 0.01% |
277,472
+25,372
| +10% | +$696K |
|
1183
GATX Corp
GATX
$6.12B
| $7.61M | 0.01% |
91,493
+12,333
| +16% | +$1.03M |
|
1184
LXP Industrial Trust
LXP
$2.73B
| $7.59M | 0.01% |
714,559
+89,080
| +14% | +$946K |
|
|
HMSY
1185
DELISTED
HMS Holdings Corp.
HMSY
| $7.55M | 0.01% |
205,472
+5,511
| +3% | +$203K |
|
1186
AMN Healthcare
AMN
$701M
| $7.55M | 0.01% |
110,581
+2,269
| +2% | +$155K |
|
1187
AllianceBernstein
AB
$4.23B
| $7.54M | 0.01% |
223,173
-3,784
| -2% | -$128K |
|
1188
Beam Therapeutics
BEAM
$2.11B
| $7.51M | 0.01% |
91,982
+11,966
| +15% | +$977K |
|
1189
Upwork
UPWK
$2.22B
| $7.49M | 0.01% |
216,819
+24,119
| +13% | +$833K |
|
|
GTM
1190
ZoomInfo Technologies
GTM
$3.65B
| $7.47M | 0.01% |
154,966
+4,727
| +3% | +$228K |
|
|
EQC
1191
DELISTED
Equity Commonwealth
EQC
| $7.45M | 0.01% |
273,013
+6,382
| +2% | +$174K |
|
1192
Vishay Intertechnology
VSH
$2.06B
| $7.44M | 0.01% |
359,064
+53,780
| +18% | +$1.11M |
|
1193
8x8 Inc
EGHT
$292M
| $7.43M | 0.01% |
215,446
+746
| +0.3% | +$25.7K |
|
1194
Texas Capital Bancshares
TCBI
$3.96B
| $7.42M | 0.01% |
124,731
+2,819
| +2% | +$168K |
|
|
UNVR
1195
DELISTED
Univar Solutions Inc.
UNVR
| $7.42M | 0.01% |
390,041
+9,181
| +2% | +$175K |
|
1196
Ingevity
NGVT
$2.13B
| $7.41M | 0.01% |
97,797
+2,353
| +2% | +$178K |
|
1197
Cathay General Bancorp
CATY
$3.39B
| $7.34M | 0.01% |
227,978
+53,946
| +31% | +$1.74M |
|
1198
Under Armour Class C
UA
$2.06B
| $7.3M | 0.01% |
490,725
+79,525
| +19% | +$1.18M |
|
1199
First Hawaiian
FHB
$3.19B
| $7.28M | 0.01% |
308,900
+6,723
| +2% | +$159K |
|
1200
NewMarket
NEU
$7.94B
| $7.27M | 0.01% |
18,250
+2,550
| +16% | +$1.02M |
|