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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
APT icon
3026
Alpha Pro Tech
APT
$53.1M
$139K ﹤0.01%
40,800
OFS icon
3027
OFS Capital
OFS
$51.9M
$139K ﹤0.01%
11,600
KTCC icon
3028
Key Tronic
KTCC
$44.7M
$136K ﹤0.01%
27,400
STNL
3029
DELISTED
Sentinel Energy Services Inc. Class A Common Stock
STNL
$136K ﹤0.01%
+13,398
New +$136K
BBQ
3030
DELISTED
BBQ Holdings, Inc. Common Stock
BBQ
$135K ﹤0.01%
30,589
-4,089
-12% -$19.5K
DERM
3031
DELISTED
Dermira, Inc.
DERM
$135K ﹤0.01%
+14,161
New +$152K
FPH icon
3032
Five Point Holdings
FPH
$375M
$134K ﹤0.01%
17,871
+7,500
+72% +$59.6K
NGNE icon
3033
Neurogene
NGNE
$712M
$134K ﹤0.01%
2,840
PRTY
3034
DELISTED
Party City Holdco Inc.
PRTY
$134K ﹤0.01%
18,233
-11,552
-39% -$88.3K
TBIO
3035
DELISTED
Translate Bio, Inc. Common Stock
TBIO
$134K ﹤0.01%
+10,643
New +$112K
SMTX
3036
DELISTED
SMTC Corporation
SMTX
$133K ﹤0.01%
34,480
BNED icon
3037
Barnes & Noble Education
BNED
$443M
$131K ﹤0.01%
391
-661
-63% -$254K
MIND icon
3038
MIND Technology
MIND
$46.2M
$131K ﹤0.01%
3,320
NVAX icon
3039
Novavax
NVAX
$1.31B
$131K ﹤0.01%
22,318
-3,030
-12% -$23.8K
HPK icon
3040
HighPeak Energy
HPK
$910M
$130K ﹤0.01%
+12,838
New +$130K
TRVN
3041
DELISTED
Trevena, Inc.
TRVN
$129K ﹤0.01%
200
BFX
3042
DELISTED
BowFlex Inc.
BFX
$129K ﹤0.01%
58,200
-13,839
-19% -$54.6K
PRCP
3043
DELISTED
Perceptron Inc
PRCP
$127K ﹤0.01%
28,600
AAME icon
3044
Atlantic American Corp
AAME
$31.2M
$126K ﹤0.01%
53,025
DAIO icon
3045
Data I/O
DAIO
$30.6M
$124K ﹤0.01%
27,600
ATAXZ
3046
DELISTED
AMERICA FIRST TAX EXEMT INV LP
ATAXZ
$124K ﹤0.01%
+17,437
New +$124K
ADAP
3047
DELISTED
Adaptimmune Therapeutics
ADAP
$123K ﹤0.01%
30,500
-5,068
-14% -$20.7K
TBHC
3048
DELISTED
The Brand House Collective
TBHC
$123K ﹤0.01%
54,400
-28,812
-35% -$136K
BCRH
3049
DELISTED
BLUE CAPITAL REINSURANCE HOLDINGS LTD.
BCRH
$123K ﹤0.01%
18,700
DWSN icon
3050
Dawson Geophysical
DWSN
$135M
$121K ﹤0.01%
48,222

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.