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 | |
|---|---|---|---|---|---|---|
|
FRG
2201
DELISTED
Franchise Group, Inc.
FRG
| $1.48M | ﹤0.01% |
48,498
-900
| -2% | -$27.4K |
|
|
ADAP
2202
Adaptimmune Therapeutics
ADAP
$14.8M
| $1.48M | ﹤0.01% |
273,893
-5,300
| -2% | -$28.6K |
|
2203
SpartanNash
SPTN
$897M
| $1.48M | ﹤0.01% |
84,719
-828
| -1% | -$14.4K |
|
|
HIMX
2204
Himax Technologies
HIMX
$1.44B
| $1.47M | ﹤0.01% |
199,416
-3,800
| -2% | -$28.1K |
|
|
SP
2205
DELISTED
SP Plus Corporation
SP
| $1.47M | ﹤0.01% |
51,016
-2,249
| -4% | -$64.8K |
|
|
EIGI
2206
DELISTED
Endurance International Group Holdings, Inc.
EIGI
| $1.47M | ﹤0.01% |
155,618
-1,706
| -1% | -$16.1K |
|
2207
Allegro MicroSystems
ALGM
$5.51B
| $1.47M | ﹤0.01% |
+55,096
| New | +$1.47M |
|
2208
Clearwater Paper
CLW
$344M
| $1.47M | ﹤0.01% |
38,915
-401
| -1% | -$15.1K |
|
|
NGM
2209
DELISTED
NGM Biopharmaceuticals, Inc. Common Stock
NGM
| $1.47M | ﹤0.01% |
48,500
-5,274
| -10% | -$160K |
|
2210
Skillsoft
SKIL
$108M
| $1.47M | ﹤0.01% |
7,080
-150
| -2% | -$31.1K |
|
2211
Modine Manufacturing
MOD
$7.86B
| $1.47M | ﹤0.01% |
116,659
-1,233
| -1% | -$15.5K |
|
|
AHH
2212
Armada Hoffler Properties
AHH
$596M
| $1.46M | ﹤0.01% |
130,275
-2,500
| -2% | -$28.1K |
|
2213
Broadstone Net Lease
BNL
$3.55B
| $1.46M | ﹤0.01% |
+74,626
| New | +$1.46M |
|
|
AMRS
2214
DELISTED
Amyris Inc.
AMRS
| $1.46M | ﹤0.01% |
236,629
-4,500
| -2% | -$27.8K |
|
2215
Goldman Sachs BDC
GSBD
$1.3B
| $1.46M | ﹤0.01% |
76,300
-1,500
| -2% | -$28.7K |
|
2216
Argan
AGX
$3.18B
| $1.46M | ﹤0.01% |
32,771
-600
| -2% | -$26.7K |
|
2217
Banc of California
BANC
$2.62B
| $1.46M | ﹤0.01% |
99,136
-1,900
| -2% | -$27.9K |
|
2218
BlackRock TCP Capital
TCPC
$605M
| $1.46M | ﹤0.01% |
129,700
-4,900
| -4% | -$55.1K |
|
2219
Cantaloupe
CTLP
$792M
| $1.46M | ﹤0.01% |
+139,000
| New | +$1.46M |
|
|
HEP
2220
DELISTED
Holly Energy Partners, L.P.
HEP
| $1.46M | ﹤0.01% |
102,625
-2,000
| -2% | -$28.4K |
|
2221
Surgery Partners
SGRY
$2.8B
| $1.46M | ﹤0.01% |
50,193
-1,000
| -2% | -$29K |
|
|
KLRS
2222
Kalaris Therapeutics, Inc. Common Stock
KLRS
$72.8M
| $1.46M | ﹤0.01% |
1,647
-31
| -2% | -$27.4K |
|
2223
Impinj
PI
$5.2B
| $1.45M | ﹤0.01% |
34,700
-3,781
| -10% | -$158K |
|
2224
Unitil
UTL
$827M
| $1.45M | ﹤0.01% |
32,817
-1,406
| -4% | -$62.3K |
|
|
TARO
2225
DELISTED
Taro Pharmaceutical Industries Ltd.
TARO
| $1.45M | ﹤0.01% |
19,774
-400
| -2% | -$29.4K |
|