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 | |
|---|---|---|---|---|---|---|
1426
Strategic Education
STRA
$1.98B
| $5.04M | ﹤0.01% |
52,835
-1,786
| -3% | -$170K |
|
|
MOMO
1427
Hello Group
MOMO
$1.19B
| $5.02M | ﹤0.01% |
359,921
-12,942
| -3% | -$181K |
|
1428
Gentherm
THRM
$1.06B
| $5.02M | ﹤0.01% |
76,943
+762
| +1% | +$49.7K |
|
|
BECN
1429
DELISTED
Beacon Roofing Supply, Inc.
BECN
| $5.02M | ﹤0.01% |
124,851
-4,028
| -3% | -$162K |
|
1430
Schrodinger
SDGR
$1.37B
| $5.02M | ﹤0.01% |
63,343
-2,712
| -4% | -$215K |
|
|
BDN
1431
Brandywine Realty Trust
BDN
$789M
| $5.01M | ﹤0.01% |
420,254
+10,370
| +3% | +$124K |
|
1432
Albany International
AIN
$1.71B
| $4.99M | ﹤0.01% |
67,932
-2,901
| -4% | -$213K |
|
1433
National Storage Affiliates Trust
NSA
$2.45B
| $4.98M | ﹤0.01% |
138,254
-4,612
| -3% | -$166K |
|
1434
Shenandoah Telecom
SHEN
$744M
| $4.96M | ﹤0.01% |
114,622
+4,133
| +4% | +$179K |
|
1435
First Bancorp
FBP
$3.49B
| $4.95M | ﹤0.01% |
536,722
+15,851
| +3% | +$146K |
|
|
MDLA
1436
DELISTED
Medallia, Inc.
MDLA
| $4.93M | ﹤0.01% |
148,449
-6,151
| -4% | -$204K |
|
1437
Fulton Financial
FULT
$3.54B
| $4.92M | ﹤0.01% |
387,056
+14,980
| +4% | +$191K |
|
1438
Axsome Therapeutics
AXSM
$5.91B
| $4.92M | ﹤0.01% |
60,357
-3,602
| -6% | -$293K |
|
1439
Fluor
FLR
$6.63B
| $4.9M | ﹤0.01% |
307,097
-12,313
| -4% | -$197K |
|
1440
Essential Properties Realty Trust
EPRT
$5.91B
| $4.89M | ﹤0.01% |
230,523
+21,390
| +10% | +$453K |
|
1441
Medifast
MED
$154M
| $4.89M | ﹤0.01% |
24,880
-1,078
| -4% | -$212K |
|
|
WWE
1442
DELISTED
World Wrestling Entertainment
WWE
| $4.88M | ﹤0.01% |
101,650
-4,384
| -4% | -$211K |
|
1443
Adeia
ADEA
$1.71B
| $4.88M | ﹤0.01% |
881,821
-39,958
| -4% | -$221K |
|
1444
AtriCure
ATRC
$1.74B
| $4.88M | ﹤0.01% |
87,562
-12,409
| -12% | -$691K |
|
1445
Topgolf Callaway Brands
MODG
$1.76B
| $4.87M | ﹤0.01% |
202,652
-9,325
| -4% | -$224K |
|
|
SAVE
1446
DELISTED
Spirit Airlines, Inc.
SAVE
| $4.86M | ﹤0.01% |
198,747
-3,027
| -2% | -$74K |
|
1447
Cedar Fair
FUN
$2.38B
| $4.84M | ﹤0.01% |
122,981
-5,080
| -4% | -$200K |
|
1448
iRobot
IRBT
$107M
| $4.83M | ﹤0.01% |
60,125
-2,483
| -4% | -$199K |
|
|
JKS
1449
JinkoSolar
JKS
$1.3B
| $4.82M | ﹤0.01% |
77,974
-2,762
| -3% | -$171K |
|
1450
Shift4
FOUR
$6B
| $4.82M | ﹤0.01% |
63,963
+29,205
| +84% | +$2.2M |
|