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 | |
|---|---|---|---|---|---|---|
1876
Arcus Biosciences
RCUS
$1.23B
| $2.43M | ﹤0.01% |
93,575
-1,800
| -2% | -$46.7K |
|
1877
First Commonwealth Financial
FCF
$1.84B
| $2.42M | ﹤0.01% |
221,468
-4,200
| -2% | -$46K |
|
1878
Inseego
INSG
$200M
| $2.42M | ﹤0.01% |
15,636
-290
| -2% | -$44.9K |
|
1879
Karyopharm Therapeutics
KPTI
$55.9M
| $2.42M | ﹤0.01% |
10,415
-200
| -2% | -$46.4K |
|
1880
Leslie's
LESL
$62M
| $2.41M | ﹤0.01% |
+86,908
| New | +$2.41M |
|
1881
Oxford Industries
OXM
$701M
| $2.41M | ﹤0.01% |
36,812
-1,242
| -3% | -$81.4K |
|
1882
FB Financial Corp
FBK
$2.86B
| $2.4M | ﹤0.01% |
69,204
-1,300
| -2% | -$45.1K |
|
1883
nCino
NCNO
$3.48B
| $2.4M | ﹤0.01% |
33,103
+14,680
| +80% | +$1.06M |
|
1884
Archrock
AROC
$4.29B
| $2.39M | ﹤0.01% |
275,413
-18,337
| -6% | -$159K |
|
1885
Interparfums
IPAR
$3.43B
| $2.39M | ﹤0.01% |
39,434
-800
| -2% | -$48.4K |
|
1886
Black Stone Minerals
BSM
$2.65B
| $2.38M | ﹤0.01% |
356,571
-6,700
| -2% | -$44.8K |
|
1887
GoPro
GPRO
$327M
| $2.37M | ﹤0.01% |
286,305
-7,025
| -2% | -$58.2K |
|
|
DOYU
1888
DouYu International Holdings
DOYU
$231M
| $2.37M | ﹤0.01% |
21,418
-750
| -3% | -$83K |
|
1889
Pilgrim's Pride
PPC
$10.4B
| $2.36M | ﹤0.01% |
120,444
-486
| -0.4% | -$9.53K |
|
|
EBIX
1890
DELISTED
Ebix Inc
EBIX
| $2.36M | ﹤0.01% |
62,167
-532
| -0.8% | -$20.2K |
|
1891
AMC Networks
AMCX
$357M
| $2.36M | ﹤0.01% |
65,893
-26,780
| -29% | -$958K |
|
1892
Eventbrite
EB
$262M
| $2.36M | ﹤0.01% |
130,100
-2,700
| -2% | -$48.9K |
|
|
MTLS
1893
Materialise
MTLS
$302M
| $2.36M | ﹤0.01% |
43,448
-186
| -0.4% | -$10.1K |
|
|
TGH
1894
DELISTED
Textainer Group Holdings limited
TGH
| $2.35M | ﹤0.01% |
122,338
-2,200
| -2% | -$42.2K |
|
1895
BancFirst
BANF
$4.45B
| $2.34M | ﹤0.01% |
39,827
-2,620
| -6% | -$154K |
|
|
PING
1896
DELISTED
Ping Identity Holding Corp.
PING
| $2.33M | ﹤0.01% |
81,366
-1,600
| -2% | -$45.8K |
|
|
OCFT
1897
OneConnect Financial Technology
OCFT
$281M
| $2.32M | ﹤0.01% |
11,784
-303
| -3% | -$59.7K |
|
1898
Axcelis
ACLS
$2.69B
| $2.32M | ﹤0.01% |
79,610
+2,549
| +3% | +$74.2K |
|
1899
Lennar Class B
LEN.B
$34B
| $2.32M | ﹤0.01% |
39,820
-1,174
| -3% | -$68.3K |
|
|
CHCT
1900
Community Healthcare Trust
CHCT
$445M
| $2.31M | ﹤0.01% |
49,091
-688
| -1% | -$32.4K |
|