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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
RMTI icon
2926
Rockwell Medical
RMTI
$27.1M
$199K ﹤0.01%
600
+133
+28% +$67.5K
HNGR
2927
DELISTED
Hanger Inc.
HNGR
$199K ﹤0.01%
+10,384
New +$201K
CNR
2928
DELISTED
Cornerstone Building Brands, Inc.
CNR
$199K ﹤0.01%
34,087
-11,222
-25% -$62.4K
JOE icon
2929
St. Joe Company
JOE
$3.73B
$198K ﹤0.01%
+11,442
New +$192K
RAVE icon
2930
RAVE Restaurant Group
RAVE
$44.6M
$198K ﹤0.01%
64,220
OESX icon
2931
Orion Energy Systems
OESX
$78.5M
$197K ﹤0.01%
6,630
LTRX icon
2932
Lantronix
LTRX
$260M
$195K ﹤0.01%
58,633
NAII icon
2933
Natural Alternatives International
NAII
$14.6M
$195K ﹤0.01%
16,700
TEUM
2934
DELISTED
Pareteum Corporation
TEUM
$195K ﹤0.01%
74,554
+33,433
+81% +$132K
YELL
2935
DELISTED
Yellow Corporation Common Stock
YELL
$195K ﹤0.01%
48,500
-54,760
-53% -$317K
GB
2936
DELISTED
Global Blue Group Holding
GB
$193K ﹤0.01%
18,986
+7,700
+68% +$77.4K
ANGI icon
2937
Angi Inc
ANGI
$184M
$192K ﹤0.01%
+1,473
New +$227K
ENZ
2938
DELISTED
Enzo Biochem, Inc.
ENZ
$192K ﹤0.01%
56,941
BRT
2939
BRT Apartments
BRT
$267M
$191K ﹤0.01%
13,549
ABEO icon
2940
Abeona Therapeutics
ABEO
$406M
$190K ﹤0.01%
1,592
-248
-13% -$41.6K
APYX icon
2941
Apyx Medical
APYX
$151M
$189K ﹤0.01%
28,177
NMM icon
2942
Navios Maritime Partners
NMM
$2.23B
$189K ﹤0.01%
14,033
FBIO icon
2943
Fortress Biotech
FBIO
$88.7M
$188K ﹤0.01%
8,333
COOP
2944
DELISTED
Mr. Cooper
COOP
$187K ﹤0.01%
23,355
+9,800
+72% +$82.5K
LKSD
2945
DELISTED
LSC Communications, Inc.
LKSD
$187K ﹤0.01%
50,937
-69,468
-58% -$409K
BRY
2946
DELISTED
Berry Corp
BRY
$186K ﹤0.01%
17,537
-6,997
-29% -$79.3K
CRD.B icon
2947
Crawford & Co Class B
CRD.B
$588M
$185K ﹤0.01%
19,900
DRRX
2948
DELISTED
DURECT Corp
DRRX
$184K ﹤0.01%
28,160
IMMR icon
2949
Immersion
IMMR
$255M
$184K ﹤0.01%
+24,216
New +$204K
DVAX
2950
DELISTED
Dynavax Technologies
DVAX
$182K ﹤0.01%
45,600
-3,700
-8% -$21.5K

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.