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 | |
|---|---|---|---|---|---|---|
|
CIM
1451
Chimera Investment
CIM
$1.15B
| $4.82M | ﹤0.01% |
156,822
+2,484
| +2% | +$76.4K |
|
1452
Pricesmart
PSMT
$3.52B
| $4.82M | ﹤0.01% |
52,920
+1,204
| +2% | +$110K |
|
|
FBC
1453
DELISTED
Flagstar Bancorp, Inc. New
FBC
| $4.81M | ﹤0.01% |
118,058
+16,379
| +16% | +$668K |
|
1454
FS KKR Capital
FSK
$4.91B
| $4.8M | ﹤0.01% |
289,735
+1,801
| +0.6% | +$29.8K |
|
1455
Progress Software
PRGS
$1.81B
| $4.8M | ﹤0.01% |
106,128
+2,785
| +3% | +$126K |
|
1456
Avanos Medical
AVNS
$567M
| $4.78M | ﹤0.01% |
104,170
+5,370
| +5% | +$246K |
|
1457
NETSCOUT
NTCT
$1.8B
| $4.78M | ﹤0.01% |
174,210
+16,911
| +11% | +$464K |
|
|
NAV
1458
DELISTED
Navistar International
NAV
| $4.78M | ﹤0.01% |
108,664
-4,378
| -4% | -$192K |
|
|
CTB
1459
DELISTED
Cooper Tire & Rubber Co.
CTB
| $4.78M | ﹤0.01% |
117,912
-2,415
| -2% | -$97.8K |
|
|
DNB
1460
DELISTED
Dun & Bradstreet
DNB
| $4.77M | ﹤0.01% |
191,419
+8,245
| +5% | +$205K |
|
1461
Graham Holdings Company
GHC
$5.12B
| $4.76M | ﹤0.01% |
8,921
-442
| -5% | -$236K |
|
1462
ATI
ATI
$10.5B
| $4.73M | ﹤0.01% |
282,297
-17,711
| -6% | -$297K |
|
1463
ServisFirst Bancshares
SFBS
$4.57B
| $4.73M | ﹤0.01% |
117,437
+5,612
| +5% | +$226K |
|
|
BBU
1464
Brookfield Business Partners
BBU
$2.4B
| $4.73M | ﹤0.01% |
196,224
-6,040
| -3% | -$146K |
|
1465
Federal Signal
FSS
$7.64B
| $4.72M | ﹤0.01% |
142,150
+6,651
| +5% | +$221K |
|
|
VNE
1466
DELISTED
Veoneer, Inc.
VNE
| $4.72M | ﹤0.01% |
221,376
+9,276
| +4% | +$198K |
|
1467
Kura Oncology
KURA
$711M
| $4.7M | ﹤0.01% |
143,760
+33,260
| +30% | +$1.09M |
|
1468
Telephone and Data Systems
TDS
$4.51B
| $4.69M | ﹤0.01% |
252,453
+13,401
| +6% | +$249K |
|
|
CADE
1469
DELISTED
Cadence Bancorporation
CADE
| $4.69M | ﹤0.01% |
285,424
-10,245
| -3% | -$168K |
|
|
ITCI
1470
DELISTED
Intra-Cellular Therapies Inc.
ITCI
| $4.68M | ﹤0.01% |
147,265
+19,335
| +15% | +$615K |
|
1471
MillerKnoll
MLKN
$1.4B
| $4.67M | ﹤0.01% |
138,089
+1,402
| +1% | +$47.4K |
|
1472
CareTrust REIT
CTRE
$7.62B
| $4.67M | ﹤0.01% |
210,348
-7,767
| -4% | -$172K |
|
|
PDCE
1473
DELISTED
PDC Energy, Inc.
PDCE
| $4.67M | ﹤0.01% |
227,234
-8,608
| -4% | -$177K |
|
1474
Hilltop Holdings
HTH
$2.18B
| $4.65M | ﹤0.01% |
168,981
-3,391
| -2% | -$93.3K |
|
1475
Trinseo
TSE
$87.7M
| $4.65M | ﹤0.01% |
90,757
-9
| -0% | -$461 |
|