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 | |
|---|---|---|---|---|---|---|
1401
Trinity Industries
TRN
$2.28B
| $5.23M | ﹤0.01% |
198,187
-9,032
| -4% | -$238K |
|
1402
Installed Building Products
IBP
$7.27B
| $5.22M | ﹤0.01% |
51,211
-1,985
| -4% | -$202K |
|
|
UNIT
1403
Uniti Group
UNIT
$1.71B
| $5.22M | ﹤0.01% |
444,991
-14,241
| -3% | -$167K |
|
1404
LGI Homes
LGIH
$1.39B
| $5.21M | ﹤0.01% |
49,207
-1,661
| -3% | -$176K |
|
1405
Rocket Companies
RKT
$44.4B
| $5.21M | ﹤0.01% |
257,437
+28,933
| +13% | +$585K |
|
1406
Onto Innovation
ONTO
$5.44B
| $5.2M | ﹤0.01% |
109,450
+1,812
| +2% | +$86.2K |
|
1407
Xencor
XNCR
$613M
| $5.2M | ﹤0.01% |
119,177
-6,391
| -5% | -$279K |
|
1408
Kennedy-Wilson Holdings
KW
$1.24B
| $5.2M | ﹤0.01% |
290,359
+10,753
| +4% | +$192K |
|
|
PDM
1409
Piedmont Realty Trust, Inc.
PDM
$1.1B
| $5.18M | ﹤0.01% |
319,265
+13,629
| +4% | +$221K |
|
|
BBBY
1410
DELISTED
Bed Bath & Beyond Inc
BBBY
| $5.18M | ﹤0.01% |
291,543
-8,147
| -3% | -$145K |
|
|
DQ
1411
Daqo New Energy
DQ
$1.73B
| $5.16M | ﹤0.01% |
90,027
-2,973
| -3% | -$171K |
|
1412
Enbridge
ENB
$107B
| $5.16M | ﹤0.01% |
+161,307
| New | +$5.16M |
|
1413
Trustmark
TRMK
$2.43B
| $5.14M | ﹤0.01% |
188,155
+43,812
| +30% | +$1.2M |
|
1414
News Corp Class B
NWS
$18.2B
| $5.13M | ﹤0.01% |
288,385
+6,682
| +2% | +$119K |
|
|
NGHC
1415
DELISTED
National General Holdings Corp
NGHC
| $5.12M | ﹤0.01% |
149,761
-12,340
| -8% | -$422K |
|
1416
Tri Pointe Homes
TPH
$3.09B
| $5.12M | ﹤0.01% |
296,713
-13,614
| -4% | -$235K |
|
|
SJI
1417
DELISTED
South Jersey Industries, Inc.
SJI
| $5.12M | ﹤0.01% |
237,368
+9,085
| +4% | +$196K |
|
1418
Yelp
YELP
$1.95B
| $5.11M | ﹤0.01% |
156,351
-7,011
| -4% | -$229K |
|
1419
RLJ Lodging Trust
RLJ
$1.15B
| $5.1M | ﹤0.01% |
360,446
-34,772
| -9% | -$492K |
|
1420
Sleep Number
SNBR
$214M
| $5.1M | ﹤0.01% |
62,247
-1,744
| -3% | -$143K |
|
1421
Antero Midstream
AM
$8.91B
| $5.09M | ﹤0.01% |
660,126
-22,730
| -3% | -$175K |
|
1422
DigitalBridge
DBRG
$2.2B
| $5.06M | ﹤0.01% |
263,128
-11,021
| -4% | -$212K |
|
1423
Group 1 Automotive
GPI
$6.03B
| $5.06M | ﹤0.01% |
38,606
-1,249
| -3% | -$164K |
|
1424
Arvinas
ARVN
$568M
| $5.05M | ﹤0.01% |
59,500
-6,823
| -10% | -$579K |
|
|
SINA
1425
DELISTED
Sina Corp
SINA
| $5.05M | ﹤0.01% |
119,153
-14,981
| -11% | -$635K |
|