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 | |
|---|---|---|---|---|---|---|
2426
Vaxcyte
PCVX
$4.18B
| $1.07M | ﹤0.01% |
40,286
-800
| -2% | -$21.2K |
|
2427
Tootsie Roll Industries
TR
$2.92B
| $1.07M | ﹤0.01% |
41,776
-811
| -2% | -$20.8K |
|
2428
Phathom Pharmaceuticals
PHAT
$840M
| $1.07M | ﹤0.01% |
32,124
-600
| -2% | -$19.9K |
|
2429
Flushing Financial
FFIC
$476M
| $1.07M | ﹤0.01% |
64,010
+13
| +0% | +$216 |
|
|
DM
2430
DELISTED
Desktop Metal, Inc.
DM
| $1.06M | ﹤0.01% |
6,180
-130
| -2% | -$22.4K |
|
2431
Daily Journal
DJCO
$562M
| $1.06M | ﹤0.01% |
2,626
| – | – |
|
2432
Manitowoc
MTW
$362M
| $1.06M | ﹤0.01% |
79,384
-616
| -0.8% | -$8.2K |
|
|
AFMD
2433
DELISTED
Affimed
AFMD
| $1.06M | ﹤0.01% |
18,144
-142
| -0.8% | -$8.27K |
|
|
DCOM
2434
DELISTED
Dime Community Bancshares
DCOM
| $1.06M | ﹤0.01% |
66,884
+2,221
| +3% | +$35K |
|
|
EGIO
2435
DELISTED
Edgio, Inc. Common Stock
EGIO
| $1.05M | ﹤0.01% |
6,589
-125
| -2% | -$20K |
|
2436
Ardelyx
ARDX
$1.59B
| $1.05M | ﹤0.01% |
162,394
-3,100
| -2% | -$20.1K |
|
2437
Dynavax Technologies
DVAX
$1.1B
| $1.05M | ﹤0.01% |
235,942
-4,500
| -2% | -$20K |
|
2438
Luxfer Holdings
LXFR
$356M
| $1.05M | ﹤0.01% |
63,824
-1,200
| -2% | -$19.7K |
|
|
ENBL
2439
DELISTED
ENABLE MIDSTREAM PARTNERS, LP
ENBL
| $1.05M | ﹤0.01% |
199,205
-3,800
| -2% | -$20K |
|
|
NPTN
2440
DELISTED
NEOPHOTONICS CORP
NPTN
| $1.05M | ﹤0.01% |
114,996
-898
| -0.8% | -$8.16K |
|
|
ZIXI
2441
DELISTED
Zix Corporation
ZIXI
| $1.05M | ﹤0.01% |
121,093
-2,300
| -2% | -$19.8K |
|
2442
Westlake Chemical Partners
WLKP
$763M
| $1.04M | ﹤0.01% |
43,531
-800
| -2% | -$19.1K |
|
2443
ATN International
ATNI
$238M
| $1.04M | ﹤0.01% |
24,842
-500
| -2% | -$20.9K |
|
2444
GeoPark
GPRK
$325M
| $1.03M | ﹤0.01% |
79,370
-4,390
| -5% | -$57K |
|
2445
American Public Education
APEI
$645M
| $1.03M | ﹤0.01% |
33,809
-291
| -0.9% | -$8.87K |
|
|
SY
2446
So-Young International
SY
$374M
| $1.03M | ﹤0.01% |
92,699
-3,113
| -3% | -$34.6K |
|
2447
Relmada Therapeutics
RLMD
$52.8M
| $1.03M | ﹤0.01% |
32,054
-600
| -2% | -$19.2K |
|
|
FLXN
2448
DELISTED
Flexion Therapeutics, Inc.
FLXN
| $1.03M | ﹤0.01% |
89,000
-1,900
| -2% | -$21.9K |
|
2449
Diamond Hill
DHIL
$387M
| $1.03M | ﹤0.01% |
6,865
-417
| -6% | -$62.3K |
|
2450
Barings BDC
BBDC
$978M
| $1.02M | ﹤0.01% |
111,331
+31,831
| +40% | +$293K |
|