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 | |
|---|---|---|---|---|---|---|
1851
GameStop
GME
$11.2B
| $2.54M | ﹤0.01% |
539,652
-5,776
| -1% | -$27.2K |
|
1852
nLIGHT
LASR
$1.43B
| $2.53M | ﹤0.01% |
77,513
+5,113
| +7% | +$167K |
|
1853
Cerus
CERS
$236M
| $2.52M | ﹤0.01% |
364,642
-7,000
| -2% | -$48.4K |
|
|
EVRI
1854
DELISTED
Everi Holdings
EVRI
| $2.51M | ﹤0.01% |
182,007
-4,263
| -2% | -$58.9K |
|
1855
Progyny
PGNY
$1.94B
| $2.51M | ﹤0.01% |
59,287
-1,100
| -2% | -$46.6K |
|
1856
ArcBest
ARCB
$1.6B
| $2.51M | ﹤0.01% |
58,758
-691
| -1% | -$29.5K |
|
|
HSKA
1857
DELISTED
Heska Corp
HSKA
| $2.5M | ﹤0.01% |
17,176
-400
| -2% | -$58.3K |
|
|
MTSC
1858
DELISTED
MTS Systems Corp
MTSC
| $2.5M | ﹤0.01% |
43,000
-596
| -1% | -$34.7K |
|
1859
CNA Financial
CNA
$12.9B
| $2.5M | ﹤0.01% |
64,032
-1,200
| -2% | -$46.8K |
|
1860
CureVac
CVAC
$1.2B
| $2.49M | ﹤0.01% |
30,758
-600
| -2% | -$48.7K |
|
1861
Pitney Bowes
PBI
$1.96B
| $2.49M | ﹤0.01% |
404,572
-4,505
| -1% | -$27.7K |
|
1862
MP Materials
MP
$11.2B
| $2.49M | ﹤0.01% |
77,318
-1,500
| -2% | -$48.2K |
|
1863
American Well
AMWL
$107M
| $2.48M | ﹤0.01% |
+4,899
| New | +$2.48M |
|
1864
The RealReal
REAL
$1.09B
| $2.48M | ﹤0.01% |
126,800
-2,700
| -2% | -$52.8K |
|
|
IMGN
1865
DELISTED
Immunogen Inc
IMGN
| $2.48M | ﹤0.01% |
383,709
-5,012
| -1% | -$32.3K |
|
1866
Scholar Rock
SRRK
$3.04B
| $2.47M | ﹤0.01% |
50,906
-487
| -0.9% | -$23.6K |
|
1867
G-III Apparel Group
GIII
$1.12B
| $2.46M | ﹤0.01% |
103,623
-1,166
| -1% | -$27.7K |
|
|
EVOP
1868
DELISTED
EVO Payments, Inc. Class A Common Stock
EVOP
| $2.46M | ﹤0.01% |
91,095
-1,700
| -2% | -$45.9K |
|
1869
AMERISAFE
AMSF
$841M
| $2.45M | ﹤0.01% |
42,646
-800
| -2% | -$45.9K |
|
1870
Triumph Financial, Inc.
TFIN
$1.4B
| $2.44M | ﹤0.01% |
50,332
-1,000
| -2% | -$48.6K |
|
1871
Newmark Group
NMRK
$3.41B
| $2.44M | ﹤0.01% |
335,110
-3,146
| -0.9% | -$22.9K |
|
1872
CTS Corp
CTS
$1.23B
| $2.44M | ﹤0.01% |
71,012
-1,400
| -2% | -$48.1K |
|
1873
Upland Software
UPLD
$71.6M
| $2.43M | ﹤0.01% |
53,000
-1,100
| -2% | -$50.5K |
|
|
VRE
1874
Veris Residential
VRE
$1.49B
| $2.43M | ﹤0.01% |
195,162
-3,700
| -2% | -$46.1K |
|
1875
City Holding Co
CHCO
$1.83B
| $2.43M | ﹤0.01% |
34,939
-843
| -2% | -$58.6K |
|