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 | |
|---|---|---|---|---|---|---|
1526
First Interstate BancSystem
FIBK
$3.43B
| $4.16M | ﹤0.01% |
101,998
+5,792
| +6% | +$236K |
|
1527
Murphy Oil
MUR
$3.68B
| $4.14M | ﹤0.01% |
342,447
-3,749
| -1% | -$45.4K |
|
1528
Cinemark Holdings
CNK
$3.25B
| $4.14M | ﹤0.01% |
237,485
-14,955
| -6% | -$260K |
|
1529
Adtalem Global Education
ATGE
$4.94B
| $4.13M | ﹤0.01% |
121,652
+2,801
| +2% | +$95.1K |
|
1530
La-Z-Boy
LZB
$1.39B
| $4.13M | ﹤0.01% |
103,675
+133
| +0.1% | +$5.3K |
|
|
UFS
1531
DELISTED
DOMTAR CORPORATION (New)
UFS
| $4.13M | ﹤0.01% |
130,334
-1,370
| -1% | -$43.4K |
|
1532
O-I Glass
OI
$1.99B
| $4.12M | ﹤0.01% |
345,802
-24,144
| -7% | -$287K |
|
1533
Zymeworks
ZYME
$1.19B
| $4.11M | ﹤0.01% |
86,990
-13,768
| -14% | -$651K |
|
1534
Comfort Systems
FIX
$26.6B
| $4.1M | ﹤0.01% |
77,765
-3,508
| -4% | -$185K |
|
1535
Workhorse Group
WKHS
$17.7M
| $4.09M | ﹤0.01% |
828
+45
| +6% | +$223K |
|
|
SVC
1536
Service Properties Trust
SVC
$476M
| $4.08M | ﹤0.01% |
355,371
-31,406
| -8% | -$361K |
|
1537
Sonos
SONO
$1.83B
| $4.08M | ﹤0.01% |
174,489
-7,907
| -4% | -$185K |
|
1538
AeroVironment
AVAV
$12.1B
| $4.08M | ﹤0.01% |
46,921
-2,100
| -4% | -$182K |
|
|
PMT
1539
PennyMac Mortgage Investment
PMT
$1.07B
| $4.07M | ﹤0.01% |
231,580
+7,109
| +3% | +$125K |
|
1540
NMI Holdings
NMIH
$3.08B
| $4.07M | ﹤0.01% |
179,484
-6,691
| -4% | -$152K |
|
|
RIDE
1541
DELISTED
Lordstown Motors Corp. Class A Common Stock
RIDE
| $4.05M | ﹤0.01% |
13,470
+9,677
| +255% | +$2.91M |
|
1542
B&G Foods
BGS
$360M
| $4.04M | ﹤0.01% |
145,503
-334
| -0.2% | -$9.26K |
|
1543
Belden
BDC
$5.21B
| $4.02M | ﹤0.01% |
96,037
-3,890
| -4% | -$163K |
|
1544
JELD-WEN Holding
JELD
$537M
| $4.01M | ﹤0.01% |
158,290
+4,800
| +3% | +$122K |
|
1545
Heron Therapeutics
HRTX
$193M
| $4.01M | ﹤0.01% |
189,383
-9,159
| -5% | -$194K |
|
1546
Sangamo Therapeutics
SGMO
$152M
| $4.01M | ﹤0.01% |
256,826
+16,726
| +7% | +$261K |
|
1547
Vicor
VICR
$2.28B
| $4M | ﹤0.01% |
43,366
-800
| -2% | -$73.8K |
|
1548
PJT Partners
PJT
$4.47B
| $4M | ﹤0.01% |
53,133
-1,133
| -2% | -$85.3K |
|
1549
Cohen & Steers
CNS
$3.65B
| $4M | ﹤0.01% |
53,796
-3,332
| -6% | -$248K |
|
1550
Banner Corp
BANR
$2.29B
| $3.99M | ﹤0.01% |
85,613
+5,127
| +6% | +$239K |
|