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 | |
|---|---|---|---|---|---|---|
1226
Diodes
DIOD
$2.46B
| $7.02M | 0.01% |
99,612
+2,000
| +2% | +$141K |
|
1227
ESCO Technologies
ESE
$5.37B
| $7.01M | 0.01% |
67,880
+9,634
| +17% | +$994K |
|
1228
Federated Hermes
FHI
$4.19B
| $7.01M | 0.01% |
242,508
+16,315
| +7% | +$471K |
|
1229
Brown-Forman Class A
BF.A
$13.1B
| $6.99M | 0.01% |
95,175
-8,702
| -8% | -$639K |
|
1230
Adient
ADNT
$1.98B
| $6.98M | 0.01% |
200,605
-7,743
| -4% | -$269K |
|
1231
OneMain Financial
OMF
$7.27B
| $6.95M | 0.01% |
144,289
-10,429
| -7% | -$502K |
|
1232
Insperity
NSP
$2.01B
| $6.95M | 0.01% |
85,333
+2,431
| +3% | +$198K |
|
|
SWAV
1233
DELISTED
Shockwave Medical, Inc. Common Stock
SWAV
| $6.95M | 0.01% |
66,964
+7,413
| +12% | +$769K |
|
1234
AppFolio
APPF
$9.99B
| $6.94M | 0.01% |
38,518
+762
| +2% | +$137K |
|
1235
Ambarella
AMBA
$3.45B
| $6.93M | 0.01% |
75,511
+372
| +0.5% | +$34.2K |
|
1236
LivaNova
LIVN
$3.1B
| $6.93M | 0.01% |
104,632
+1,078
| +1% | +$71.4K |
|
|
ARNC
1237
DELISTED
Arconic Corporation
ARNC
| $6.91M | 0.01% |
231,712
+5,386
| +2% | +$161K |
|
1238
LendingTree
TREE
$978M
| $6.9M | 0.01% |
25,206
+8,706
| +53% | +$2.38M |
|
|
NSTG
1239
DELISTED
NanoString Technologies, Inc.
NSTG
| $6.9M | 0.01% |
103,151
+16,298
| +19% | +$1.09M |
|
1240
Steven Madden
SHOO
$2.26B
| $6.9M | 0.01% |
195,300
+3,410
| +2% | +$120K |
|
1241
Bandwidth Inc
BAND
$486M
| $6.9M | 0.01% |
44,883
+958
| +2% | +$147K |
|
1242
Asbury Automotive
ABG
$4.84B
| $6.89M | 0.01% |
47,268
+653
| +1% | +$95.2K |
|
1243
Nu Skin
NUS
$588M
| $6.89M | 0.01% |
126,042
+4,097
| +3% | +$224K |
|
1244
Clearway Energy Class C
CWEN
$3.38B
| $6.88M | 0.01% |
215,362
+27,733
| +15% | +$886K |
|
1245
Glaukos
GKOS
$4.77B
| $6.88M | 0.01% |
91,372
+2,672
| +3% | +$201K |
|
1246
Hillenbrand
HI
$1.77B
| $6.87M | 0.01% |
172,684
+4,789
| +3% | +$191K |
|
1247
Hancock Whitney
HWC
$5.37B
| $6.87M | 0.01% |
201,865
+6,276
| +3% | +$213K |
|
1248
COPT Defense Properties
CDP
$3.45B
| $6.87M | 0.01% |
263,217
+5,461
| +2% | +$142K |
|
1249
Casella Waste Systems
CWST
$5.79B
| $6.83M | 0.01% |
110,312
+3,107
| +3% | +$192K |
|
1250
Brady Corp
BRC
$3.74B
| $6.79M | 0.01% |
128,629
+22,010
| +21% | +$1.16M |
|