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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
GOLD
2801
Gold.com Inc
GOLD
$1.26B
$267K ﹤0.01%
40,902
XPRO icon
2802
Expro Ltd
XPRO
$1.94B
$267K ﹤0.01%
8,140
+2,991
+58% +$108K
CCS icon
2803
Century Communities
CCS
$1.96B
$266K ﹤0.01%
+10,026
New +$265K
HSII
2804
DELISTED
Heidrick & Struggles
HSII
$266K ﹤0.01%
8,871
-4,055
-31% -$142K
AMC icon
2805
AMC Entertainment Holdings
AMC
$2.16B
$265K ﹤0.01%
2,839
-2,012
-41% -$268K
CRT
2806
Cross Timbers Royalty Trust
CRT
$60.4M
$264K ﹤0.01%
20,900
GNSS icon
2807
Genasys
GNSS
$77.9M
$264K ﹤0.01%
80,300
STCN
2808
DELISTED
Steel Connect, Inc. Common Stock
STCN
$264K ﹤0.01%
15,536
KRNT icon
2809
Kornit Digital
KRNT
$778M
$263K ﹤0.01%
+8,300
New +$229K
PEBK icon
2810
Peoples Bancorp of North Carolina
PEBK
$226M
$263K ﹤0.01%
8,747
SCOR icon
2811
Comscore
SCOR
$110M
$263K ﹤0.01%
2,550
+120
+5% +$25.7K
VATE icon
2812
INNOVATE Corp
VATE
$103M
$263K ﹤0.01%
11,140
NTIC icon
2813
Northern Technologies International Corp
NTIC
$77.8M
$262K ﹤0.01%
21,400
SCYX icon
2814
SCYNEXIS
SCYX
$51.9M
$262K ﹤0.01%
2,500
RRD
2815
DELISTED
RR Donnelley & Sons Co.
RRD
$260K ﹤0.01%
131,818
-130,547
-50% -$431K
PBBI
2816
DELISTED
PB Bancorp, Inc. Common Stock
PBBI
$259K ﹤0.01%
21,894
VIRC icon
2817
Virco
VIRC
$94.5M
$258K ﹤0.01%
55,276
BW icon
2818
Babcock & Wilcox
BW
$1.35B
$256K ﹤0.01%
74,542
-17,763
-19% -$68.6K
LEVI icon
2819
Levi Strauss
LEVI
$9.27B
$256K ﹤0.01%
+12,260
New +$270K
IVC
2820
DELISTED
Invacare Corporation
IVC
$255K ﹤0.01%
49,200
-22,599
-31% -$147K
LARK icon
2821
Landmark Bancorp
LARK
$195M
$254K ﹤0.01%
14,896
FGH
2822
DELISTED
FG Group Holdings Inc.
FGH
$254K ﹤0.01%
78,538
AVNW icon
2823
Aviat Networks
AVNW
$273M
$253K ﹤0.01%
36,882
CPRX
2824
DELISTED
Catalyst Pharmaceutical
CPRX
$253K ﹤0.01%
65,895
+26,363
+67% +$114K
IEC
2825
DELISTED
IEC Electronics Corp.
IEC
$252K ﹤0.01%
40,200

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.