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 | |
|---|---|---|---|---|---|---|
2351
Advantage Solutions
ADV
$619M
| $1.2M | ﹤0.01% |
90,702
+68,202
| +303% | +$899K |
|
2352
Donnelley Financial Solutions
DFIN
$1.5B
| $1.2M | ﹤0.01% |
70,391
-1,300
| -2% | -$22.1K |
|
|
FFG
2353
DELISTED
FBL Financial Group
FFG
| $1.19M | ﹤0.01% |
22,716
-204
| -0.9% | -$10.7K |
|
2354
Great Southern Bancorp
GSBC
$710M
| $1.19M | ﹤0.01% |
24,349
-500
| -2% | -$24.5K |
|
2355
Atea Pharmaceuticals
AVIR
$249M
| $1.19M | ﹤0.01% |
+28,472
| New | +$1.19M |
|
2356
Camden National
CAC
$684M
| $1.19M | ﹤0.01% |
33,236
-600
| -2% | -$21.5K |
|
2357
Outset Medical
OM
$243M
| $1.19M | ﹤0.01% |
+1,391
| New | +$1.19M |
|
|
PENG
2358
Penguin Solutions, Inc. Ordinary Shares
PENG
$1.36B
| $1.18M | ﹤0.01% |
62,814
-3,864
| -6% | -$72.7K |
|
2359
Digimarc
DMRC
$204M
| $1.18M | ﹤0.01% |
25,000
-500
| -2% | -$23.6K |
|
|
AWH
2360
DELISTED
Aspira Women's Health Inc. Common Stock
AWH
| $1.18M | ﹤0.01% |
11,732
-226
| -2% | -$22.8K |
|
2361
Gogo Inc
GOGO
$1.31B
| $1.18M | ﹤0.01% |
122,568
-7,741
| -6% | -$74.5K |
|
2362
United Fire Group
UFCS
$807M
| $1.18M | ﹤0.01% |
46,832
-900
| -2% | -$22.6K |
|
2363
Sutro Biopharma
STRO
$74.3M
| $1.17M | ﹤0.01% |
54,003
+203
| +0.4% | +$4.41K |
|
2364
Olema Pharmaceuticals
OLMA
$533M
| $1.17M | ﹤0.01% |
+24,321
| New | +$1.17M |
|
2365
Sterling Infrastructure
STRL
$9.54B
| $1.16M | ﹤0.01% |
62,280
-596
| -0.9% | -$11.1K |
|
2366
MRC Global
MRC
$1.23B
| $1.16M | ﹤0.01% |
174,558
-10,964
| -6% | -$72.7K |
|
2367
PC Connection
CNXN
$1.6B
| $1.16M | ﹤0.01% |
24,455
-1,057
| -4% | -$50K |
|
2368
Central Pacific Financial
CPF
$826M
| $1.16M | ﹤0.01% |
60,766
-1,200
| -2% | -$22.8K |
|
2369
First Financial Corporation Common Stock
THFF
$691M
| $1.16M | ﹤0.01% |
29,721
-600
| -2% | -$23.3K |
|
|
CHUY
2370
DELISTED
Chuy's Holdings, Inc. Common Stock
CHUY
| $1.15M | ﹤0.01% |
43,566
-800
| -2% | -$21.2K |
|
2371
Carriage Services
CSV
$670M
| $1.15M | ﹤0.01% |
36,788
-700
| -2% | -$21.9K |
|
2372
Citi Trends
CTRN
$281M
| $1.15M | ﹤0.01% |
23,192
+2,592
| +13% | +$129K |
|
|
RC
2373
Ready Capital
RC
$689M
| $1.15M | ﹤0.01% |
92,550
-2,663
| -3% | -$33.1K |
|
2374
Barrett Business Services
BBSI
$1.2B
| $1.15M | ﹤0.01% |
67,288
-1,200
| -2% | -$20.5K |
|
2375
First Mid Bancshares
FMBH
$945M
| $1.15M | ﹤0.01% |
34,070
+1,081
| +3% | +$36.4K |
|