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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
ASXC
2851
DELISTED
Asensus Surgical, Inc.
ASXC
$240K ﹤0.01%
13,574
+1,054
+8% +$23.1K
DVD
2852
DELISTED
Dover Motorsports
DVD
$239K ﹤0.01%
115,086
CWBC
2853
DELISTED
Community West BanCshares
CWBC
$238K ﹤0.01%
24,654
NEN icon
2854
New England Realty Associates
NEN
$236K ﹤0.01%
4,000
CSLT
2855
DELISTED
CASTLIGHT HEALTH, INC.
CSLT
$235K ﹤0.01%
72,643
+31,943
+78% +$110K
IMI
2856
DELISTED
Intermolecular, Inc.
IMI
$234K ﹤0.01%
200,000
CLBK icon
2857
Columbia Financial
CLBK
$1.13B
$232K ﹤0.01%
+15,336
New +$236K
FC icon
2858
Franklin Covey
FC
$244M
$232K ﹤0.01%
+6,821
New +$202K
SWI
2859
DELISTED
SolarWinds Corporation Common Stock
SWI
$232K ﹤0.01%
+12,010
New +$236K
FBM
2860
DELISTED
Foundation Building Materials, Inc. Common Stock
FBM
$232K ﹤0.01%
+13,032
New +$187K
SENS icon
2861
Senseonics Holdings Inc
SENS
$393M
$231K ﹤0.01%
5,660
-811
-13% -$34.2K
SOGO
2862
DELISTED
Sogou Inc. American Depositary Shares, each representing one Class A Ordinary Share
SOGO
$231K ﹤0.01%
56,290
+5,179
+10% +$25.7K
DJCO icon
2863
Daily Journal
DJCO
$785M
$229K ﹤0.01%
+962
New +$212K
SGRY icon
2864
Surgery Partners
SGRY
$2.04B
$229K ﹤0.01%
28,106
-6,281
-18% -$62.6K
SILK
2865
DELISTED
Silk Road Medical, Inc. Common Stock
SILK
$229K ﹤0.01%
+4,734
New +$201K
HRZN icon
2866
Horizon Technology Finance
HRZN
$315M
$228K ﹤0.01%
19,300
BALY icon
2867
Bally's
BALY
$655M
$227K ﹤0.01%
+7,626
New +$238K
TWST icon
2868
Twist Bioscience
TWST
$7.72B
$226K ﹤0.01%
+7,789
New +$206K
JMP
2869
DELISTED
JMP Group LLC
JMP
$226K ﹤0.01%
57,700
GOSS icon
2870
Gossamer Bio
GOSS
$84.2M
$225K ﹤0.01%
+10,158
New +$194K
KALV
2871
DELISTED
KalVista Pharmaceuticals
KALV
$225K ﹤0.01%
+10,153
New +$238K
ORRF icon
2872
Orrstown Financial Services
ORRF
$834M
$225K ﹤0.01%
10,245
SIFY
2873
Sify Technologies
SIFY
$1.14B
$225K ﹤0.01%
26,967
BBGI icon
2874
Beasley Broadcasting Group
BBGI
$40.9M
$224K ﹤0.01%
3,479
GLOP
2875
DELISTED
GASLOG PARTNERS LP
GLOP
$224K ﹤0.01%
10,549
-3,285
-24% -$69.7K

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.