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 | |
|---|---|---|---|---|---|---|
1551
Capitol Federal Financial
CFFN
$839M
| $3.99M | ﹤0.01% |
319,040
+18,891
| +6% | +$236K |
|
|
TWNK
1552
DELISTED
Hostess Brands, Inc. Class A Common Stock
TWNK
| $3.99M | ﹤0.01% |
272,167
-12,594
| -4% | -$184K |
|
|
ATSG
1553
DELISTED
Air Transport Services Group, Inc.
ATSG
| $3.98M | ﹤0.01% |
127,134
-5,847
| -4% | -$183K |
|
1554
Celsius Holdings
CELH
$14.9B
| $3.97M | ﹤0.01% |
236,970
-3,405
| -1% | -$57.1K |
|
|
SWN
1555
DELISTED
Southwestern Energy Company
SWN
| $3.97M | ﹤0.01% |
1,331,827
-24,958
| -2% | -$74.4K |
|
|
PGRE
1556
Paramount Group
PGRE
$1.57B
| $3.97M | ﹤0.01% |
438,837
-19,586
| -4% | -$177K |
|
|
HTO
1557
H2O America Common Stock
HTO
$1.75B
| $3.96M | ﹤0.01% |
57,142
-2,783
| -5% | -$193K |
|
1558
Rush Enterprises Class A
RUSHA
$4.33B
| $3.96M | ﹤0.01% |
143,340
-1,675
| -1% | -$46.3K |
|
1559
Ironwood Pharmaceuticals
IRWD
$213M
| $3.95M | ﹤0.01% |
346,531
-15,574
| -4% | -$177K |
|
1560
PROS Holdings
PRO
$699M
| $3.94M | ﹤0.01% |
77,640
-4,060
| -5% | -$206K |
|
|
DEA
1561
Easterly Government Properties
DEA
$1.07B
| $3.93M | ﹤0.01% |
69,483
-3,862
| -5% | -$219K |
|
1562
FTAI Aviation
FTAI
$17.6B
| $3.93M | ﹤0.01% |
196,031
-12,015
| -6% | -$241K |
|
1563
Otter Tail
OTTR
$3.48B
| $3.92M | ﹤0.01% |
91,982
-1,682
| -2% | -$71.7K |
|
|
NKLA
1564
DELISTED
Nikola Corporation Common Stock
NKLA
| $3.92M | ﹤0.01% |
8,560
-158
| -2% | -$72.3K |
|
1565
eHealth
EHTH
$122M
| $3.92M | ﹤0.01% |
55,467
-3,167
| -5% | -$224K |
|
1566
Monro
MNRO
$519M
| $3.91M | ﹤0.01% |
73,371
-1,400
| -2% | -$74.6K |
|
1567
Urban Outfitters
URBN
$6.07B
| $3.9M | ﹤0.01% |
152,393
-6,351
| -4% | -$163K |
|
|
SWTX
1568
DELISTED
SpringWorks Therapeutics
SWTX
| $3.9M | ﹤0.01% |
53,746
+5,080
| +10% | +$368K |
|
|
RVNC
1569
DELISTED
Revance Therapeutics, Inc.
RVNC
| $3.89M | ﹤0.01% |
137,337
-6,798
| -5% | -$193K |
|
|
BIG
1570
DELISTED
Big Lots, Inc.
BIG
| $3.89M | ﹤0.01% |
90,660
-2,980
| -3% | -$128K |
|
|
CUB
1571
DELISTED
Cubic Corporation
CUB
| $3.89M | ﹤0.01% |
62,740
-2,860
| -4% | -$177K |
|
1572
PRA Group
PRAA
$657M
| $3.88M | ﹤0.01% |
97,846
-5,173
| -5% | -$205K |
|
1573
Verra Mobility
VRRM
$3.92B
| $3.88M | ﹤0.01% |
289,177
-13,951
| -5% | -$187K |
|
1574
Piper Sandler
PIPR
$6.12B
| $3.88M | ﹤0.01% |
38,452
-1,779
| -4% | -$180K |
|
|
WDR
1575
DELISTED
Waddell & Reed Financial, Inc.
WDR
| $3.88M | ﹤0.01% |
152,213
-1,512
| -1% | -$38.5K |
|