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 | |
|---|---|---|---|---|---|---|
1951
S&T Bancorp
STBA
$1.5B
| $2.14M | ﹤0.01% |
86,100
-1,600
| -2% | -$39.7K |
|
1952
National Bank Holdings
NBHC
$1.46B
| $2.14M | ﹤0.01% |
65,259
-1,300
| -2% | -$42.6K |
|
1953
OFG Bancorp
OFG
$1.95B
| $2.14M | ﹤0.01% |
115,256
-2,200
| -2% | -$40.8K |
|
1954
Douglas Dynamics
PLOW
$752M
| $2.14M | ﹤0.01% |
49,945
-1,000
| -2% | -$42.8K |
|
1955
AdaptHealth
AHCO
$1.26B
| $2.13M | ﹤0.01% |
56,760
-1,100
| -2% | -$41.3K |
|
|
HEES
1956
DELISTED
H&E Equipment Services
HEES
| $2.13M | ﹤0.01% |
71,487
-1,400
| -2% | -$41.7K |
|
|
HOLI
1957
DELISTED
Hollsys Automation Technologies INTERNATIONAL, LTD. COMMON (British Virgin Island)
HOLI
| $2.13M | ﹤0.01% |
144,686
+4,879
| +3% | +$71.7K |
|
|
HHR
1958
DELISTED
HeadHunter Group PLC American Depositary Shares
HHR
| $2.13M | ﹤0.01% |
70,255
-1,300
| -2% | -$39.3K |
|
|
LL
1959
DELISTED
LL Flooring Holdings, Inc.
LL
| $2.11M | ﹤0.01% |
68,733
+2,073
| +3% | +$63.7K |
|
1960
Tanger
SKT
$3.86B
| $2.11M | ﹤0.01% |
211,990
-2,425
| -1% | -$24.1K |
|
|
INVX
1961
Innovex International, Inc.
INVX
$1.14B
| $2.1M | ﹤0.01% |
71,000
-7,887
| -10% | -$234K |
|
1962
Matthews International
MATW
$763M
| $2.1M | ﹤0.01% |
71,477
-780
| -1% | -$22.9K |
|
|
GTY
1963
Getty Realty Corp
GTY
$1.6B
| $2.09M | ﹤0.01% |
75,905
-1,500
| -2% | -$41.3K |
|
|
INN
1964
Summit Hotel Properties
INN
$623M
| $2.08M | ﹤0.01% |
230,912
-14,448
| -6% | -$130K |
|
|
NXRT
1965
NexPoint Residential Trust
NXRT
$858M
| $2.08M | ﹤0.01% |
49,127
-900
| -2% | -$38.1K |
|
1966
Columbus McKinnon
CMCO
$415M
| $2.08M | ﹤0.01% |
54,047
+1,724
| +3% | +$66.3K |
|
1967
CorVel
CRVL
$4.39B
| $2.08M | ﹤0.01% |
58,773
-1,515
| -3% | -$53.5K |
|
|
BRKL
1968
DELISTED
Brookline Bancorp
BRKL
| $2.07M | ﹤0.01% |
172,014
-7,309
| -4% | -$88K |
|
1969
TriCo Bancshares
TCBK
$1.48B
| $2.07M | ﹤0.01% |
58,652
-1,100
| -2% | -$38.8K |
|
|
ATCO
1970
DELISTED
Atlas Corp.
ATCO
| $2.06M | ﹤0.01% |
190,019
-3,600
| -2% | -$39K |
|
|
EVA
1971
DELISTED
Enviva Inc.
EVA
| $2.05M | ﹤0.01% |
45,146
-800
| -2% | -$36.3K |
|
|
RWT
1972
Redwood Trust
RWT
$804M
| $2.05M | ﹤0.01% |
233,500
-26,089
| -10% | -$229K |
|
|
KRA
1973
DELISTED
Kraton Corporation
KRA
| $2.04M | ﹤0.01% |
73,406
-744
| -1% | -$20.7K |
|
1974
Camping World
CWH
$1.04B
| $2.04M | ﹤0.01% |
78,255
-844
| -1% | -$22K |
|
1975
Vroom, Inc. Common Stock
VRM
$137M
| $2.04M | ﹤0.01% |
622
-12
| -2% | -$39.3K |
|