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 | |
|---|---|---|---|---|---|---|
1301
Intellia Therapeutics
NTLA
$1.23B
| $6.21M | ﹤0.01% |
114,234
+852
| +0.8% | +$46.3K |
|
|
CHX
1302
DELISTED
ChampionX
CHX
| $6.2M | ﹤0.01% |
405,388
-16,379
| -4% | -$251K |
|
|
SAFM
1303
DELISTED
Sanderson Farms Inc
SAFM
| $6.2M | ﹤0.01% |
46,863
+1,218
| +3% | +$161K |
|
1304
Golub Capital BDC
GBDC
$3.93B
| $6.18M | ﹤0.01% |
436,885
+72,989
| +20% | +$1.03M |
|
1305
Insight Enterprises
NSIT
$3.9B
| $6.18M | ﹤0.01% |
81,174
+2,633
| +3% | +$200K |
|
1306
Energizer
ENR
$2.02B
| $6.16M | ﹤0.01% |
146,054
+4,288
| +3% | +$181K |
|
1307
Hyatt Hotels
H
$13.7B
| $6.13M | ﹤0.01% |
82,617
+1,364
| +2% | +$101K |
|
1308
TripAdvisor
TRIP
$2.06B
| $6.12M | ﹤0.01% |
212,545
-16,911
| -7% | -$487K |
|
|
AGR
1309
DELISTED
Avangrid, Inc.
AGR
| $6.11M | ﹤0.01% |
134,384
+4,072
| +3% | +$185K |
|
|
MIC
1310
DELISTED
Macquarie Infrastructure Holdings, LLC
MIC
| $6.1M | ﹤0.01% |
162,568
-7,658
| -4% | -$288K |
|
|
CBPO
1311
DELISTED
China Biologic Products Holdings, Inc.
CBPO
| $6.1M | ﹤0.01% |
51,664
-1,528
| -3% | -$180K |
|
|
ESGR
1312
DELISTED
Enstar Group
ESGR
| $6.07M | ﹤0.01% |
29,641
+2,396
| +9% | +$491K |
|
1313
Columbia Sportswear
COLM
$2.99B
| $6.05M | ﹤0.01% |
69,274
+2,461
| +4% | +$215K |
|
1314
ABM Industries
ABM
$2.8B
| $6.05M | ﹤0.01% |
159,815
+6,215
| +4% | +$235K |
|
1315
Columbia Banking Systems
COLB
$7.8B
| $6.04M | ﹤0.01% |
168,318
+4,348
| +3% | +$156K |
|
|
PDCO
1316
DELISTED
Patterson Companies, Inc.
PDCO
| $6.04M | ﹤0.01% |
203,894
+9,140
| +5% | +$271K |
|
|
TWOU
1317
DELISTED
2U, Inc.
TWOU
| $6.03M | ﹤0.01% |
5,020
-186
| -4% | -$223K |
|
1318
PagerDuty
PD
$1.53B
| $6.02M | ﹤0.01% |
144,468
+768
| +0.5% | +$32K |
|
1319
Stepan Co
SCL
$1.09B
| $6.02M | ﹤0.01% |
50,446
+1,647
| +3% | +$197K |
|
1320
First Merchants
FRME
$2.31B
| $6.01M | ﹤0.01% |
160,512
+37,050
| +30% | +$1.39M |
|
|
GBT
1321
DELISTED
Global Blood Therapeutics, Inc.
GBT
| $6M | ﹤0.01% |
138,517
+4,905
| +4% | +$212K |
|
1322
Simmons First National
SFNC
$2.96B
| $5.98M | ﹤0.01% |
277,038
+14,530
| +6% | +$314K |
|
1323
Cogent Communications
CCOI
$1.77B
| $5.97M | ﹤0.01% |
99,724
+2,797
| +3% | +$167K |
|
1324
Forward Air
FWRD
$904M
| $5.97M | ﹤0.01% |
77,644
+13,765
| +22% | +$1.06M |
|
1325
Agios Pharmaceuticals
AGIO
$2.14B
| $5.94M | ﹤0.01% |
137,033
+8,433
| +7% | +$365K |
|