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 | |
|---|---|---|---|---|---|---|
1676
Hyliion Holdings
HYLN
$284M
| $3.33M | ﹤0.01% |
202,247
+163,007
| +415% | +$2.69M |
|
|
AAWW
1677
DELISTED
Atlas Air Worldwide Holdings, Inc.
AAWW
| $3.33M | ﹤0.01% |
60,984
-388
| -0.6% | -$21.2K |
|
1678
Sinclair Inc
SBGI
$972M
| $3.32M | ﹤0.01% |
104,174
-2,204
| -2% | -$70.2K |
|
1679
Zentalis Pharmaceuticals
ZNTL
$107M
| $3.31M | ﹤0.01% |
63,652
+37,449
| +143% | +$1.95M |
|
|
CSW
1680
CSW Industrials, Inc.
CSW
$4.2B
| $3.3M | ﹤0.01% |
29,511
-1,405
| -5% | -$157K |
|
|
LTC
1681
LTC Properties
LTC
$1.67B
| $3.3M | ﹤0.01% |
84,865
-4,365
| -5% | -$170K |
|
1682
Plains GP Holdings
PAGP
$3.7B
| $3.3M | ﹤0.01% |
389,989
-7,400
| -2% | -$62.5K |
|
1683
Revolution Medicines
RVMD
$8.7B
| $3.29M | ﹤0.01% |
83,142
+3,042
| +4% | +$120K |
|
1684
Prospect Capital
PSEC
$1.29B
| $3.26M | ﹤0.01% |
603,400
-36,000
| -6% | -$195K |
|
1685
James River Group
JRVR
$244M
| $3.26M | ﹤0.01% |
66,339
-1,300
| -2% | -$63.9K |
|
|
KRTX
1686
DELISTED
Karuna Therapeutics, Inc. Common Stock
KRTX
| $3.26M | ﹤0.01% |
32,100
-3,628
| -10% | -$369K |
|
1687
Mercury Insurance
MCY
$4.4B
| $3.24M | ﹤0.01% |
62,127
-496
| -0.8% | -$25.9K |
|
|
HTLF
1688
DELISTED
Heartland Financial USA, Inc.
HTLF
| $3.24M | ﹤0.01% |
80,268
-3,417
| -4% | -$138K |
|
1689
Empire State Realty Trust
ESRT
$1.34B
| $3.23M | ﹤0.01% |
346,668
-7,337
| -2% | -$68.4K |
|
1690
Carpenter Technology
CRS
$12B
| $3.23M | ﹤0.01% |
110,770
+3,345
| +3% | +$97.4K |
|
1691
Northwest Bancshares
NWBI
$1.83B
| $3.23M | ﹤0.01% |
253,252
-13,496
| -5% | -$172K |
|
1692
Westamerica Bancorp
WABC
$1.24B
| $3.23M | ﹤0.01% |
58,326
-1,042
| -2% | -$57.6K |
|
1693
Mersana Therapeutics
MRSN
$35.6M
| $3.22M | ﹤0.01% |
4,845
-92
| -2% | -$61.2K |
|
1694
GrowGeneration
GRWG
$103M
| $3.22M | ﹤0.01% |
79,937
-1,194
| -1% | -$48K |
|
1695
Cheniere Energy
CQP
$25.2B
| $3.2M | ﹤0.01% |
90,845
-3,564
| -4% | -$126K |
|
1696
Super Micro Computer
SMCI
$26.7B
| $3.2M | ﹤0.01% |
1,010,600
-19,000
| -2% | -$60.2K |
|
1697
Ligand Pharmaceuticals
LGND
$3.23B
| $3.2M | ﹤0.01% |
51,493
-962
| -2% | -$59.7K |
|
1698
Reynolds Consumer Products
REYN
$4.84B
| $3.19M | ﹤0.01% |
106,338
-5,460
| -5% | -$164K |
|
|
AAT
1699
American Assets Trust
AAT
$1.27B
| $3.19M | ﹤0.01% |
110,484
-5,557
| -5% | -$160K |
|
1700
Vir Biotechnology
VIR
$695M
| $3.18M | ﹤0.01% |
118,889
-2,300
| -2% | -$61.6K |
|