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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
NVGS icon
2876
Navigator Holdings
NVGS
$1.28B
$222K ﹤0.01%
23,700
+2,800
+13% +$29.2K
PCTI
2877
DELISTED
PCTEL, Inc. Common Stock
PCTI
$222K ﹤0.01%
50,050
AT
2878
DELISTED
Atlantic Power Corporation
AT
$222K ﹤0.01%
+91,909
New +$219K
QADB
2879
DELISTED
QAD Inc. Class B
QADB
$221K ﹤0.01%
7,500
TNAV
2880
DELISTED
Telenav Inc.
TNAV
$221K ﹤0.01%
+27,667
New +$193K
TNK icon
2881
Teekay Tankers
TNK
$2.68B
$220K ﹤0.01%
21,470
UXIN
2882
Uxin Ltd
UXIN
$264M
$220K ﹤0.01%
1,000
GNC
2883
DELISTED
GNC Holdings, Inc.
GNC
$220K ﹤0.01%
146,400
-218,218
-60% -$414K
MEET
2884
DELISTED
The Meet Group, Inc. Common Stock
MEET
$217K ﹤0.01%
+62,242
New +$276K
GSBD icon
2885
Goldman Sachs BDC
GSBD
$1.08B
$214K ﹤0.01%
+10,900
New +$220K
PD icon
2886
PagerDuty
PD
$909M
$214K ﹤0.01%
+4,543
New +$221K
ALLK
2887
DELISTED
Allakos
ALLK
$213K ﹤0.01%
+4,912
New +$202K
SREV
2888
DELISTED
ServiceSource International, Inc.
SREV
$213K ﹤0.01%
224,200
POPE
2889
DELISTED
Pope Resources Depositary Receipts of Limited Partnership Units
POPE
$213K ﹤0.01%
3,142
HY icon
2890
Hyster-Yale Materials Handling
HY
$657M
$212K ﹤0.01%
3,843
-1,737
-31% -$96.9K
ICAD
2891
DELISTED
iCAD Inc
ICAD
$211K ﹤0.01%
33,071
TFIN icon
2892
Triumph Financial Inc
TFIN
$1.8B
$211K ﹤0.01%
+7,279
New +$217K
VRT icon
2893
Vertiv
VRT
$105B
$211K ﹤0.01%
20,896
+8,500
+69% +$85.7K
ACU icon
2894
Acme United Corp
ACU
$220M
$210K ﹤0.01%
+9,300
New +$190K
AMSC icon
2895
American Superconductor
AMSC
$1.57B
$210K ﹤0.01%
22,580
NHTC icon
2896
Natural Health Trends
NHTC
$14.8M
$210K ﹤0.01%
26,100
-519
-2% -$5.42K
VERU icon
2897
Veru
VERU
$44.1M
$210K ﹤0.01%
9,840
BXC icon
2898
BlueLinx
BXC
$708M
$209K ﹤0.01%
10,540
-4,002
-28% -$91.3K
REFR icon
2899
Research Frontiers
REFR
$17.1M
$209K ﹤0.01%
62,841
ALCO icon
2900
Alico
ALCO
$285M
$208K ﹤0.01%
+6,867
New +$190K

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.