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 | |
|---|---|---|---|---|---|---|
2301
Black Diamond Therapeutics
BDTX
$185M
| $1.29M | ﹤0.01% |
40,107
+2,607
| +7% | +$83.5K |
|
2302
Surmodics
SRDX
$457M
| $1.29M | ﹤0.01% |
29,522
-600
| -2% | -$26.1K |
|
2303
Ducommun
DCO
$1.39B
| $1.28M | ﹤0.01% |
23,917
-500
| -2% | -$26.8K |
|
2304
Gorman-Rupp
GRC
$1.13B
| $1.28M | ﹤0.01% |
39,460
-700
| -2% | -$22.7K |
|
2305
National Research Corp
NRC
$369M
| $1.28M | ﹤0.01% |
29,943
-600
| -2% | -$25.6K |
|
|
RUTH
2306
DELISTED
Ruth's Hospitality Group, Inc.
RUTH
| $1.28M | ﹤0.01% |
72,078
-1,400
| -2% | -$24.8K |
|
|
GPMT
2307
Granite Point Mortgage Trust
GPMT
$142M
| $1.28M | ﹤0.01% |
127,778
-1,295
| -1% | -$12.9K |
|
2308
HarborOne Bancorp
HONE
$563M
| $1.28M | ﹤0.01% |
117,596
-2,300
| -2% | -$25K |
|
|
GNOG
2309
DELISTED
Golden Nugget Online Gaming, Inc. Class A Common Stock
GNOG
| $1.28M | ﹤0.01% |
64,700
-1,400
| -2% | -$27.6K |
|
2310
Gates Industrial
GTES
$6.6B
| $1.27M | ﹤0.01% |
99,694
-6,113
| -6% | -$78K |
|
2311
V2X
VVX
$1.7B
| $1.27M | ﹤0.01% |
25,589
-500
| -2% | -$24.9K |
|
2312
Cass Information Systems
CASS
$565M
| $1.27M | ﹤0.01% |
32,675
-600
| -2% | -$23.3K |
|
2313
Praxis Precision Medicines
PRAX
$794M
| $1.27M | ﹤0.01% |
+1,540
| New | +$1.27M |
|
|
GMRE
2314
Global Medical REIT
GMRE
$512M
| $1.27M | ﹤0.01% |
96,872
-1,099
| -1% | -$14.4K |
|
|
TVRD
2315
Tvardi Therapeutics, Inc. Common Stock
TVRD
$318M
| $1.27M | ﹤0.01% |
2,322
-50
| -2% | -$27.2K |
|
|
TEN
2316
DELISTED
Tenneco Inc. Class A Voting Common Stock
TEN
| $1.26M | ﹤0.01% |
119,148
-1,211
| -1% | -$12.8K |
|
2317
BioLife Solutions
BLFS
$1.22B
| $1.26M | ﹤0.01% |
31,550
+3,050
| +11% | +$122K |
|
2318
HealthStream
HSTM
$855M
| $1.26M | ﹤0.01% |
57,618
-1,100
| -2% | -$24K |
|
|
NWLI
2319
DELISTED
National Western Life Group, Inc. Class A
NWLI
| $1.26M | ﹤0.01% |
6,079
-173
| -3% | -$35.7K |
|
2320
Green Brick Partners
GRBK
$3.21B
| $1.25M | ﹤0.01% |
54,449
+289
| +0.5% | +$6.64K |
|
2321
BioXcel Therapeutics
BTAI
$49.8M
| $1.25M | ﹤0.01% |
1,690
-17
| -1% | -$12.6K |
|
2322
Heidrick & Struggles
HSII
$1.03B
| $1.25M | ﹤0.01% |
42,485
-800
| -2% | -$23.5K |
|
|
TPC
2323
Tutor Perini Corporation
TPC
$3.37B
| $1.25M | ﹤0.01% |
96,298
-934
| -1% | -$12.1K |
|
|
GTHX
2324
DELISTED
G1 Therapeutics, Inc. Common Stock
GTHX
| $1.25M | ﹤0.01% |
69,300
-1,500
| -2% | -$27K |
|
2325
Par Pacific Holdings
PARR
$1.67B
| $1.24M | ﹤0.01% |
89,000
-1,700
| -2% | -$23.8K |
|