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 |
ATVI
Activision Blizzard Inc.
ATVI
|
+$217M |
| 2 |
T-Mobile US
TMUS
|
+$208M |
| 3 |
Electronic Arts
EA
|
+$208M |
| 4 |
Amazon
AMZN
|
+$205M |
| 5 |
Microsoft
MSFT
|
+$193M |
Top Sells
| 1 |
Realty Income
O
|
+$110M |
| 2 |
Healthpeak Properties
DOC
|
+$86.3M |
| 3 |
Hartford Financial Services
HIG
|
+$63.5M |
| 4 |
Annaly Capital Management
NLY
|
+$62.7M |
| 5 |
W.P. Carey
WPC
|
+$51.3M |
Sector Composition
| 1 | Technology | 21.87% |
| 2 | Healthcare | 14.17% |
| 3 | Financials | 12.05% |
| 4 | Consumer Discretionary | 11.93% |
| 5 | Communication Services | 8.99% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
1951
Atlanta Braves Holdings Series B
BATRK
$2.64B
| $1.59M | ﹤0.01% |
75,500
-4,666
| -6% | -$98K |
|
1952
Albertsons Companies
ACI
$10.5B
| $1.58M | ﹤0.01% |
+114,330
| New | +$1.58M |
|
1953
Archrock
AROC
$4.29B
| $1.58M | ﹤0.01% |
293,750
-2,041
| -0.7% | -$11K |
|
1954
Seaboard Corp
SEB
$3.78B
| $1.58M | ﹤0.01% |
557
-4
| -0.7% | -$11.3K |
|
1955
Antero Resources
AR
$10.2B
| $1.58M | ﹤0.01% |
574,113
+20,722
| +4% | +$57K |
|
1956
StealthGas
GASS
$271M
| $1.58M | ﹤0.01% |
531,715
| – | – |
|
1957
Delek US
DK
$1.68B
| $1.57M | ﹤0.01% |
141,324
-1,307
| -0.9% | -$14.5K |
|
1958
Enterprise Financial Services Corp
EFSC
$2.24B
| $1.57M | ﹤0.01% |
57,693
+4,436
| +8% | +$121K |
|
1959
Innoviva
INVA
$1.22B
| $1.57M | ﹤0.01% |
150,495
+5,860
| +4% | +$61.3K |
|
1960
Arcturus Therapeutics
ARCT
$470M
| $1.57M | ﹤0.01% |
36,648
+7,216
| +25% | +$310K |
|
1961
Stock Yards Bancorp
SYBT
$2.27B
| $1.57M | ﹤0.01% |
46,150
+1,000
| +2% | +$34K |
|
|
PETQ
1962
DELISTED
PetIQ, Inc. Class A Common Stock
PETQ
| $1.57M | ﹤0.01% |
47,586
+2,100
| +5% | +$69.2K |
|
1963
Arvinas
ARVN
$568M
| $1.57M | ﹤0.01% |
66,323
+529
| +0.8% | +$12.5K |
|
|
KDMN
1964
DELISTED
Kadmon Holdings, Inc.
KDMN
| $1.57M | ﹤0.01% |
399,228
+34,184
| +9% | +$134K |
|
|
ATNX
1965
DELISTED
Athenex, Inc. Common Stock
ATNX
| $1.56M | ﹤0.01% |
6,435
-1,015
| -14% | -$246K |
|
1966
Pathward Financial
CASH
$1.72B
| $1.55M | ﹤0.01% |
80,840
+3,589
| +5% | +$69K |
|
|
DCT
1967
DELISTED
Duck Creek Technologies, Inc. Common Stock
DCT
| $1.55M | ﹤0.01% |
+34,216
| New | +$1.55M |
|
1968
S&T Bancorp
STBA
$1.5B
| $1.55M | ﹤0.01% |
87,700
+994
| +1% | +$17.6K |
|
|
BRKL
1969
DELISTED
Brookline Bancorp
BRKL
| $1.55M | ﹤0.01% |
179,323
+3,900
| +2% | +$33.7K |
|
1970
Legend Biotech
LEGN
$6.11B
| $1.55M | ﹤0.01% |
+50,195
| New | +$1.55M |
|
1971
Jamf
JAMF
$1.41B
| $1.55M | ﹤0.01% |
+41,180
| New | +$1.55M |
|
1972
RadNet
RDNT
$5.69B
| $1.55M | ﹤0.01% |
100,750
+4,439
| +5% | +$68.2K |
|
|
EGIO
1973
DELISTED
Edgio, Inc. Common Stock
EGIO
| $1.55M | ﹤0.01% |
6,714
+141
| +2% | +$32.5K |
|
|
MOBL
1974
DELISTED
MobileIron, Inc.
MOBL
| $1.55M | ﹤0.01% |
220,654
+7,700
| +4% | +$54K |
|
|
HOLI
1975
DELISTED
Hollsys Automation Technologies INTERNATIONAL, LTD. COMMON (British Virgin Island)
HOLI
| $1.55M | ﹤0.01% |
139,807
+6,996
| +5% | +$77.3K |
|