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California Public Employees Retirement System

California Public Employees Retirement System Portfolio holdings

AUM $162B
1-Year Est. Return 25.78%
 

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.

This Fund
S&P 500
This Quarter Est. Return
+4.89%
1 Year Est. Return
+25.78%
3 Year Est. Return
+90.63%
5 Year Est. Return
+123.44%
10 Year Est. Return
+466%
AUM
$84.7B
AUM Growth
+$3.55B
Cap. Flow
+$311M
Cap. Flow %
0.37%
Top 10 Hldgs %
14.66%
Holding
3,341
New
131
Increased
874
Reduced
1,775
Closed
77

Top Buys

Rank Stock Value
1
PEP icon
PepsiCo
PEP
+$196M
2
KO icon
Coca-Cola
KO
+$195M
3
NEE icon
NextEra Energy
NEE
+$108M
4
MCD icon
McDonald's
MCD
+$99.5M
5
NEM icon
Newmont
NEM
+$97.8M

Sector Composition

Rank Sector Weight
1 Technology 16.05%
2 Financials 14.87%
3 Healthcare 13.45%
4 Consumer Discretionary 9.92%
5 Consumer Staples 9.4%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake
Capital Flow
URGN icon
2501
UroGen Pharma
URGN
$2.26B
$543K ﹤0.01%
15,100
+1,300
+9% +$47.9K
FIZZ icon
2502
National Beverage
FIZZ
$2.91B
$536K ﹤0.01%
24,000
+1,600
+7% +$41.2K
FBIZ icon
2503
First Business Financial Services
FBIZ
$589M
$533K ﹤0.01%
22,698
FFG
2504
DELISTED
FBL Financial Group
FFG
$533K ﹤0.01%
8,354
-1,484
-15% -$94.7K
ZAGG
2505
DELISTED
ZAGG Inc Common Stock (Delaware)
ZAGG
$533K ﹤0.01%
76,578
NOAH
2506
Noah Holdings
NOAH
$605M
$532K ﹤0.01%
12,498
-6,811
-35% -$314K
ORBC
2507
DELISTED
ORBCOMM, Inc.
ORBC
$532K ﹤0.01%
73,400
+4,400
+6% +$31.3K
TG icon
2508
Tredegar Corp
TG
$292M
$531K ﹤0.01%
31,946
-10,117
-24% -$171K
OCSI
2509
DELISTED
Oaktree Strategic Income Corporation
OCSI
$525K ﹤0.01%
61,800
CYRX icon
2510
CryoPort
CYRX
$747M
$522K ﹤0.01%
+28,500
New +$452K
ISSC icon
2511
Innovative Solutions & Support
ISSC
$353M
$521K ﹤0.01%
102,134
ALLO icon
2512
Allogene Therapeutics
ALLO
$725M
$518K ﹤0.01%
+19,300
New +$538K
BATRA icon
2513
Atlanta Braves Holdings Series A
BATRA
$3.42B
$518K ﹤0.01%
18,628
NWPX icon
2514
NWPX Infrastructure Inc
NWPX
$1.1B
$518K ﹤0.01%
20,100
MTL
2515
DELISTED
Mechel PAO American Depository Shares, each representing two ordinary shares (ADSs)
MTL
$514K ﹤0.01%
246,114
-14,361
-6% -$29.2K
SSTI icon
2516
SoundThinking
SSTI
$105M
$511K ﹤0.01%
11,559
-5,924
-34% -$277K
MPAA icon
2517
Motorcar Parts of America
MPAA
$235M
$510K ﹤0.01%
23,800
+700
+3% +$13.6K
HTT
2518
High Templar Tech Ltd
HTT
$394M
$510K ﹤0.01%
67,984
-2,346
-3% -$16.2K
SOHU
2519
Sohu.com
SOHU
$376M
$510K ﹤0.01%
36,397
+534
+1% +$8.44K
HTB
2520
HomeTrust Bancshares
HTB
$826M
$508K ﹤0.01%
20,220
-5,478
-21% -$138K
ASPS icon
2521
Altisource Portfolio Solutions
ASPS
$63.3M
$505K ﹤0.01%
3,213
-1,311
-29% -$233K
CPLG
2522
DELISTED
CorePoint Lodging Inc. Common Stock
CPLG
$504K ﹤0.01%
40,707
-8,231
-17% -$104K
NGS icon
2523
Natural Gas Services Group
NGS
$476M
$503K ﹤0.01%
30,464
-2,466
-7% -$40.4K
HMNF
2524
DELISTED
HMN Financial Inc
HMNF
$503K ﹤0.01%
23,940
EBSB
2525
DELISTED
Meridian Bancorp, Inc.
EBSB
$503K ﹤0.01%
28,109
+3,800
+16% +$65K

Similar funds

California Public Employees Retirement System's Q2 2019 Portfolio in Review

As of Q2 2019, California Public Employees Retirement System held 3,341 positions worth $84.7B, up 4.4% from $81.2B the previous quarter. Its ten largest holdings account for 15% of the portfolio.

California Public Employees Retirement System's Q2 2019 filing shows 131 new, 874 increased, 1,775 reduced and 77 closed positions. Its largest new stake was Dow Inc: 1,160,686 shares worth $57.2M. The largest sale was Apollo Global Management, an estimated $475M.

By sector, the portfolio is most concentrated in Technology at 16% of assets, down from 17% a quarter earlier, followed by Financials and Healthcare.

  • California Public Employees Retirement System's largest Q2 2019 buy was Dow Inc: 1,160,686 shares worth $57.2M.
  • California Public Employees Retirement System added most to PepsiCo in Q2 2019, an estimated $196M increase.
  • California Public Employees Retirement System's biggest Q2 2019 reduction was Apollo Global Management, cutting an estimated $475M.
  • California Public Employees Retirement System fully exited Ultimate Software Group Inc in Q2 2019, selling an estimated $21.4M.
  • California Public Employees Retirement System's ten largest holdings make up 15% of its $84.7B portfolio in Q2 2019.
  • California Public Employees Retirement System opened 131 new positions and closed 77 in Q2 2019.
  • California Public Employees Retirement System's portfolio value rose 4.4% quarter-over-quarter to $84.7B.

Based on California Public Employees Retirement System's 13F filing for Q2 2019, filed 15 Aug 2019.