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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
GRTS
2976
DELISTED
Gritstone bio, Inc. Common Stock
GRTS
$168K ﹤0.01%
+15,100
New +$173K
SLCT
2977
DELISTED
Select Bancorp, Inc.
SLCT
$168K ﹤0.01%
14,698
VSLR
2978
DELISTED
VIVINT SOLAR, INC.
VSLR
$168K ﹤0.01%
23,058
+5,600
+32% +$35.4K
CRNT icon
2979
Ceragon Networks
CRNT
$201M
$166K ﹤0.01%
56,653
-466,829
-89% -$1.53M
GNK icon
2980
Genco Shipping & Trading
GNK
$1.1B
$166K ﹤0.01%
19,638
-6,528
-25% -$54K
LAKE icon
2981
Lakeland Industries
LAKE
$119M
$165K ﹤0.01%
14,746
SGU icon
2982
Star Group
SGU
$423M
$165K ﹤0.01%
16,562
-4,222
-20% -$41K
PLYA
2983
DELISTED
Playa Hotels & Resorts
PLYA
$163K ﹤0.01%
+21,174
New +$170K
SOHO
2984
DELISTED
Sotherly Hotels
SOHO
$161K ﹤0.01%
23,200
UTZ icon
2985
Utz Brands
UTZ
$1.25B
$161K ﹤0.01%
16,054
+4,706
+41% +$47.1K
ALYA
2986
DELISTED
Alithya Group Inc Class A Subordinate Voting Shares
ALYA
$161K ﹤0.01%
61,431
HTZ.RT
2987
DELISTED
Hertz Global Holdings
HTZ.RT
$160K ﹤0.01%
+81,927
New +$181K
INFI
2988
DELISTED
Infinity Pharmaceuticals, Inc.
INFI
$159K ﹤0.01%
88,100
ASMB icon
2989
Assembly Biosciences
ASMB
$529M
$158K ﹤0.01%
+978
New +$186K
ESCA icon
2990
Escalade
ESCA
$311M
$158K ﹤0.01%
13,800
AATC
2991
DELISTED
Autoscope Technologies Corporation Common Stock
AATC
$158K ﹤0.01%
31,600
AXR icon
2992
AMREP Corp
AXR
$119M
$156K ﹤0.01%
22,809
FEIM icon
2993
Frequency Electronics
FEIM
$816M
$156K ﹤0.01%
13,737
PNNT
2994
Pennant Park Investment Corp
PNNT
$241M
$156K ﹤0.01%
24,700
+8,800
+55% +$59.2K
LINC icon
2995
Lincoln Educational Services
LINC
$1.3B
$155K ﹤0.01%
67,200
EMMS
2996
DELISTED
Emmis Communications Corp
EMMS
$155K ﹤0.01%
34,686
STRR
2997
Star Equity Holdings
STRR
$41.7M
$154K ﹤0.01%
12,379
-1
-0% -$15
QUMU
2998
DELISTED
Qumu Corp.
QUMU
$154K ﹤0.01%
37,200
CVIA
2999
DELISTED
Covia Holdings Corporation Common Stock
CVIA
$154K ﹤0.01%
78,419
BBDC icon
3000
Barings BDC
BBDC
$965M
$153K ﹤0.01%
+15,500
New +$154K

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.