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 | |
|---|---|---|---|---|---|---|
|
PETQ
2126
DELISTED
PetIQ, Inc. Class A Common Stock
PETQ
| $1.65M | ﹤0.01% |
42,800
-4,786
| -10% | -$184K |
|
|
RPT
2127
DELISTED
RPT Realty Common Shares of Beneficial Interest (MD)
RPT
| $1.64M | ﹤0.01% |
189,794
-6,179
| -3% | -$53.5K |
|
2128
Establishment Labs
ESTA
$1.09B
| $1.64M | ﹤0.01% |
43,500
-900
| -2% | -$33.9K |
|
2129
SM Energy
SM
$3.07B
| $1.63M | ﹤0.01% |
266,869
-4,800
| -2% | -$29.4K |
|
2130
Mitek Systems
MITK
$467M
| $1.63M | ﹤0.01% |
91,544
+663
| +0.7% | +$11.8K |
|
|
SDC
2131
DELISTED
SmileDirectClub, Inc. Class A Common Stock
SDC
| $1.63M | ﹤0.01% |
136,254
+9,154
| +7% | +$109K |
|
|
QADA
2132
DELISTED
QAD Inc.
QADA
| $1.63M | ﹤0.01% |
25,727
-331
| -1% | -$20.9K |
|
2133
Amphastar Pharmaceuticals
AMPH
$1.3B
| $1.62M | ﹤0.01% |
80,736
-1,600
| -2% | -$32.2K |
|
2134
Federal Agricultural Mortgage
AGM
$2.15B
| $1.62M | ﹤0.01% |
21,849
-248
| -1% | -$18.4K |
|
|
PRSU
2135
Pursuit Attractions and Hospitality, Inc.
PRSU
$1.04B
| $1.62M | ﹤0.01% |
44,839
-900
| -2% | -$32.6K |
|
|
PTVE
2136
DELISTED
Pactiv Evergreen Inc. Common stock
PTVE
| $1.62M | ﹤0.01% |
+89,120
| New | +$1.62M |
|
|
BCOV
2137
DELISTED
Brightcove, Inc.
BCOV
| $1.62M | ﹤0.01% |
87,805
-1,107
| -1% | -$20.4K |
|
2138
Pulmonx
LUNG
$69.3M
| $1.61M | ﹤0.01% |
+23,291
| New | +$1.61M |
|
2139
PMV Pharmaceuticals
PMVP
$65.2M
| $1.61M | ﹤0.01% |
+26,094
| New | +$1.61M |
|
2140
Fulgent Genetics
FLGT
$670M
| $1.6M | ﹤0.01% |
30,646
+8,273
| +37% | +$431K |
|
|
EBSB
2141
DELISTED
Meridian Bancorp, Inc.
EBSB
| $1.6M | ﹤0.01% |
107,010
+133
| +0.1% | +$1.98K |
|
2142
SLR Investment Corp
SLRC
$877M
| $1.59M | ﹤0.01% |
91,024
-1,700
| -2% | -$29.8K |
|
|
MAGN
2143
Magnera Corporation
MAGN
$393M
| $1.59M | ﹤0.01% |
+7,485
| New | +$1.59M |
|
|
KDMN
2144
DELISTED
Kadmon Holdings, Inc.
KDMN
| $1.59M | ﹤0.01% |
383,440
-15,788
| -4% | -$65.5K |
|
2145
Shattuck Labs
STTK
$92M
| $1.59M | ﹤0.01% |
+30,295
| New | +$1.59M |
|
2146
Utz Brands
UTZ
$1.12B
| $1.59M | ﹤0.01% |
71,947
-28,892
| -29% | -$637K |
|
|
LGF.A
2147
DELISTED
Lions Gate Entertainment Corp. Class A Voting Shares
LGF.A
| $1.59M | ﹤0.01% |
139,469
-1,439
| -1% | -$16.4K |
|
2148
Horizon Bancorp
HBNC
$833M
| $1.58M | ﹤0.01% |
99,841
-1,132
| -1% | -$17.9K |
|
2149
Adtran
ADTN
$809M
| $1.58M | ﹤0.01% |
107,009
-2,000
| -2% | -$29.5K |
|
|
ARR
2150
Armour Residential REIT
ARR
$1.72B
| $1.58M | ﹤0.01% |
29,259
-540
| -2% | -$29.1K |
|