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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
VOXX
2751
DELISTED
VOXX International Corporation Class A
VOXX
$297K ﹤0.01%
71,500
-15,602
-18% -$64.1K
GARS
2752
DELISTED
Garrison Capital Inc.
GARS
$297K ﹤0.01%
43,000
UG icon
2753
United-Guardian
UG
$33.5M
$296K ﹤0.01%
15,750
LJPC
2754
DELISTED
La Jolla Pharmaceutical Company
LJPC
$295K ﹤0.01%
31,900
LYTS icon
2755
LSI Industries
LYTS
$908M
$294K ﹤0.01%
80,500
AMR icon
2756
Alpha Metallurgical Resources
AMR
$1.92B
$293K ﹤0.01%
+5,645
New +$314K
HWCC
2757
DELISTED
Houston Wire & Cable Company
HWCC
$293K ﹤0.01%
55,900
CTSO icon
2758
Cytosorbents Corp
CTSO
$23.9M
$292K ﹤0.01%
44,100
-6,025
-12% -$41.4K
DMC
2759
Del Monte Corp
DMC
$1.41B
$292K ﹤0.01%
10,825
-12,703
-54% -$347K
ATHX
2760
DELISTED
Athersys, Inc. Common Stock
ATHX
$292K ﹤0.01%
6,960
-1,295
-16% -$53K
EGAN icon
2761
eGain
EGAN
$202M
$291K ﹤0.01%
35,800
HLIT icon
2762
Harmonic Inc
HLIT
$1.27B
$291K ﹤0.01%
52,402
-34,974
-40% -$194K
CORR
2763
DELISTED
CorEnergy Infrastructure Trust, Inc.
CORR
$290K ﹤0.01%
+7,322
New +$285K
FLY
2764
DELISTED
Fly Leasing Limited
FLY
$289K ﹤0.01%
16,582
+3,500
+27% +$54.7K
SPNE
2765
DELISTED
SeaSpine Holdings Corporation Common Stock
SPNE
$288K ﹤0.01%
21,736
+4,736
+28% +$66.4K
SLRC icon
2766
SLR Investment Corp
SLRC
$706M
$287K ﹤0.01%
+13,968
New +$294K
FARM
2767
DELISTED
Farmer Brothers
FARM
$286K ﹤0.01%
17,477
RELL icon
2768
Richardson Electronics
RELL
$294M
$286K ﹤0.01%
51,000
ALSK
2769
DELISTED
Alaska Communications Systems
ALSK
$286K ﹤0.01%
167,200
CO
2770
DELISTED
Global Cord Blood Corporation
CO
$286K ﹤0.01%
49,560
+5,018
+11% +$33.1K
GEN
2771
DELISTED
Genesis Healthcare, Inc.
GEN
$285K ﹤0.01%
230,000
-103,824
-31% -$132K
VIA
2772
DELISTED
Viacom Inc. Class A
VIA
$284K ﹤0.01%
8,322
+800
+11% +$27.7K
EVBN
2773
DELISTED
Evans Bancorp Inc
EVBN
$283K ﹤0.01%
7,500
ENBL
2774
DELISTED
ENABLE MIDSTREAM PARTNERS, LP
ENBL
$281K ﹤0.01%
20,482
-27,063
-57% -$366K
CIX icon
2775
Comp X International
CIX
$372M
$280K ﹤0.01%
16,595

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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.