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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
PER
2726
DELISTED
SANDRIDGE PERMIAN TRUST
PER
$315K ﹤0.01%
173,300
CBMG
2727
DELISTED
Cellular Biomedicine Group, Inc.
CBMG
$314K ﹤0.01%
19,000
-2,788
-13% -$45.5K
MSL
2728
DELISTED
Midsouth Bancorp, Inc.
MSL
$313K ﹤0.01%
26,392
OMCC
2729
DELISTED
Old Market Capital Corp
OMCC
$312K ﹤0.01%
33,200
AMID
2730
DELISTED
American Midstream Partners, LP
AMID
$312K ﹤0.01%
60,372
DZSI
2731
DELISTED
DZS Inc. Common Stock
DZSI
$311K ﹤0.01%
23,904
INSG icon
2732
Inseego
INSG
$87.7M
$309K ﹤0.01%
6,452
+232
+4% +$10.9K
ZUO
2733
DELISTED
Zuora, Inc.
ZUO
$309K ﹤0.01%
+20,200
New +$383K
CDLX icon
2734
Cardlytics
CDLX
$22.4M
$307K ﹤0.01%
1,180
+180
+18% +$36K
SNFCA icon
2735
Security National Financial
SNFCA
$243M
$307K ﹤0.01%
88,293
TENB icon
2736
Tenable Holdings
TENB
$4.04B
$307K ﹤0.01%
10,751
+791
+8% +$23.4K
IDN icon
2737
Intellicheck
IDN
$76.1M
$306K ﹤0.01%
52,824
TGH
2738
DELISTED
Textainer Group Holdings limited
TGH
$306K ﹤0.01%
30,381
+1,800
+6% +$17.7K
AE
2739
DELISTED
Adams Resources & Energy Inc
AE
$305K ﹤0.01%
8,900
VRTV
2740
DELISTED
VERITIV CORPORATION
VRTV
$305K ﹤0.01%
15,698
-18,135
-54% -$418K
EGY icon
2741
Vaalco Energy
EGY
$622M
$304K ﹤0.01%
182,200
SCM icon
2742
Stellus Capital Investment Corp
SCM
$245M
$304K ﹤0.01%
22,000
TCMD icon
2743
Tactile Systems Technology
TCMD
$657M
$303K ﹤0.01%
5,319
-11,628
-69% -$606K
CYCN icon
2744
Cyclerion Therapeutics
CYCN
$16.8M
$302K ﹤0.01%
+1,319
New +$373K
GOLF icon
2745
Acushnet Holdings
GOLF
$5.34B
$301K ﹤0.01%
+11,468
New +$285K
SNDA icon
2746
Sonida Senior Living
SNDA
$1.99B
$300K ﹤0.01%
3,973
-1,935
-33% -$122K
TRTX
2747
TPG RE Finance Trust
TRTX
$608M
$300K ﹤0.01%
+15,542
New +$305K
PBFX
2748
DELISTED
PBF LOGISTICS LP
PBFX
$299K ﹤0.01%
14,145
+2,800
+25% +$57.9K
RTW
2749
DELISTED
RTW Retailwinds, Inc.
RTW
$299K ﹤0.01%
176,000
CZFC
2750
DELISTED
Citizens First Corporation
CZFC
$298K ﹤0.01%
11,600

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.