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
| Rank | Stock | Value |
|---|---|---|
| 1 |
EA
Electronic Arts
EA
|
+$217M |
| 2 |
ATVI
Activision Blizzard
ATVI
|
+$217M |
| 3 |
Amazon
AMZN
|
+$205M |
| 4 |
T-Mobile US
TMUS
|
+$202M |
| 5 |
Microsoft
MSFT
|
+$192M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Realty Income
O
|
+$111M |
| 2 |
Healthpeak Properties
DOC
|
+$87.1M |
| 3 |
Hartford Financial Services
HIG
|
+$68.7M |
| 4 |
Annaly Capital Management
NLY
|
+$63.7M |
| 5 |
W.P. Carey
WPC
|
+$54.2M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 22.03% |
| 2 | Healthcare | 14.41% |
| 3 | Financials | 12.11% |
| 4 | Consumer Discretionary | 12.02% |
| 5 | Communication Services | 9.08% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2076
Orthofix Medical
OFIX
$418M
| $1.33M | ﹤0.01% |
42,633
+1,200
| +3% | +$37.2K |
|
|
XRN
2077
Chiron Real Estate Inc
XRN
$496M
| $1.32M | ﹤0.01% |
19,594
+900
| +5% | +$56.4K |
|
2078
Unitil
UTL
$991M
| $1.32M | ﹤0.01% |
34,223
+800
| +2% | +$33.6K |
|
2079
Ingles Markets
IMKTA
$1.66B
| $1.32M | ﹤0.01% |
34,720
+1,290
| +4% | +$51.9K |
|
|
KRA
2080
DELISTED
Kraton Corporation
KRA
| $1.32M | ﹤0.01% |
74,150
+3,052
| +4% | +$49.2K |
|
2081
BlackRock TCP Capital
TCPC
$342M
| $1.32M | ﹤0.01% |
134,600
+6,400
| +5% | +$62K |
|
|
OSG
2082
Octave Specialty Group
OSG
$216M
| $1.32M | ﹤0.01% |
103,075
+2,700
| +3% | +$34.8K |
|
|
PFC
2083
DELISTED
Premier Financial Corp. Common Stock
PFC
| $1.31M | ﹤0.01% |
84,174
+2,400
| +3% | +$42K |
|
|
BPYU
2084
DELISTED
Brookfield Property REIT Inc. Class A Common Stock
BPYU
| $1.31M | ﹤0.01% |
107,121
-19,683
| -16% | -$226K |
|
2085
3D Systems Corp
DDD
$613M
| $1.31M | ﹤0.01% |
266,836
+10,700
| +4% | +$63.4K |
|
2086
Kearny Financial
KRNY
$602M
| $1.31M | ﹤0.01% |
181,609
+13,900
| +8% | +$107K |
|
2087
Kelly Services Class A
KELYA
$552M
| $1.31M | ﹤0.01% |
76,727
+2,500
| +3% | +$41.8K |
|
2088
PBF Energy
PBF
$8.59B
| $1.3M | ﹤0.01% |
229,312
+9,218
| +4% | +$76.5K |
|
|
NVEE
2089
DELISTED
NV5 Global
NVEE
| $1.3M | ﹤0.01% |
98,784
+4,400
| +5% | +$58.7K |
|
|
NTUS
2090
DELISTED
Natus Medical Inc
NTUS
| $1.3M | ﹤0.01% |
76,041
+1,700
| +2% | +$32.1K |
|
2091
Levi Strauss
LEVI
$8.63B
| $1.3M | ﹤0.01% |
97,127
+3,000
| +3% | +$38.1K |
|
|
CKH
2092
DELISTED
Seacor Holdings Inc.
CKH
| $1.3M | ﹤0.01% |
44,692
+1,060
| +2% | +$31.5K |
|
|
GOCO
2093
DELISTED
GoHealth
GOCO
| $1.3M | ﹤0.01% |
+6,634
| New | +$1.6M |
|
2094
GrowGeneration
GRWG
$104M
| $1.3M | ﹤0.01% |
81,131
+17,604
| +28% | +$209K |
|
|
PAE
2095
DELISTED
PAE Incorporated Class A Common Stock
PAE
| $1.29M | ﹤0.01% |
152,369
+3,900
| +3% | +$34.8K |
|
2096
Tanger
SKT
$4.42B
| $1.29M | ﹤0.01% |
214,415
+7,964
| +4% | +$50K |
|
|
EBIX
2097
DELISTED
Ebix Inc
EBIX
| $1.29M | ﹤0.01% |
62,699
+4,326
| +7% | +$96.3K |
|
|
GOOD
2098
Gladstone Commercial Corp
GOOD
$627M
| $1.29M | ﹤0.01% |
76,441
+2,000
| +3% | +$36.5K |
|
2099
MarineMax
HZO
$1.15B
| $1.29M | ﹤0.01% |
50,166
+3,155
| +7% | +$86.7K |
|
2100
Veeco
VECO
$3.16B
| $1.29M | ﹤0.01% |
110,227
+2,800
| +3% | +$35.7K |
|
Similar funds
California Public Employees Retirement System's Q3 2020 Portfolio in Review
As of Q3 2020, California Public Employees Retirement System held 3,611 positions worth $112B, up 11% from $101B the previous quarter. Its ten largest holdings account for 19% of the portfolio.
Trading was light in Q3 2020: portfolio turnover was 4.3%. California Public Employees Retirement System opened 104 new positions and exited 52, leaving the 3,611-position portfolio largely intact.
By sector, the portfolio is most concentrated in Technology at 22% of assets, up from 21% a quarter earlier, followed by Healthcare and Financials.
- California Public Employees Retirement System's largest Q3 2020 buy was KE Holdings: 253,194 shares worth $15.5M.
- California Public Employees Retirement System added most to Electronic Arts in Q3 2020, an estimated $217M increase.
- California Public Employees Retirement System's biggest Q3 2020 reduction was Realty Income, cutting an estimated $111M.
- California Public Employees Retirement System fully exited Seagen Inc. Common Stock in Q3 2020, selling an estimated $46.2M.
- California Public Employees Retirement System's ten largest holdings make up 19% of its $112B portfolio in Q3 2020.
- California Public Employees Retirement System opened 104 new positions and closed 52 in Q3 2020.
- California Public Employees Retirement System's portfolio value rose 11% quarter-over-quarter to $112B.
Based on California Public Employees Retirement System's 13F filing for Q3 2020, filed 5 Nov 2020.