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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
LXU icon
3101
LSB Industries
LXU
$693M
$99K ﹤0.01%
33,020
-24,226
-42% -$92.4K
MN
3102
DELISTED
MANNING & NAPIER, INC.
MN
$99K ﹤0.01%
56,500
FUSB icon
3103
First US Bancshares
FUSB
$90.8M
$98K ﹤0.01%
10,600
GALT icon
3104
Galectin Therapeutics
GALT
$348M
$97K ﹤0.01%
23,450
INWK
3105
DELISTED
InnerWorkings, Inc.
INWK
$96K ﹤0.01%
25,100
-5,922
-19% -$21.5K
GSAT icon
3106
Globalstar
GSAT
$10.8B
$95K ﹤0.01%
13,193
+6,623
+101% +$51.8K
SALM
3107
DELISTED
Salem Media Group, Inc. Class A Common Stock
SALM
$95K ﹤0.01%
39,300
BVH
3108
DELISTED
Bluegreen Vacations Holding Corporation
BVH
$95K ﹤0.01%
3,858
+1,680
+77% +$43K
NVTR
3109
DELISTED
Nuvectra Corporation Common Stock
NVTR
$95K ﹤0.01%
28,233
PRQR icon
3110
ProQR Therapeutics
PRQR
$265M
$94K ﹤0.01%
10,324
-21,173
-67% -$250K
VOLT
3111
DELISTED
Volt Information Sciences, Inc.
VOLT
$93K ﹤0.01%
20,700
SIGA icon
3112
SIGA Technologies
SIGA
$219M
$92K ﹤0.01%
16,240
-51,308
-76% -$284K
MR
3113
DELISTED
Montage Resources Corporation Common Stock
MR
$91K ﹤0.01%
14,966
+1,520
+11% +$15.2K
TUES
3114
DELISTED
Tuesday Morning Corp
TUES
$91K ﹤0.01%
53,800
-53,371
-50% -$97.1K
EVH icon
3115
Evolent Health
EVH
$447M
$90K ﹤0.01%
11,300
-4,741
-30% -$56.1K
HDSN
3116
Hudson Technologies
HDSN
$235M
$90K ﹤0.01%
104,500
LPCN icon
3117
Lipocine
LPCN
$17.6M
$90K ﹤0.01%
2,706
GSL icon
3118
Global Ship Lease
GSL
$1.53B
$89K ﹤0.01%
12,000
ASAP
3119
DELISTED
Waitr Holdings Inc. Common Stock
ASAP
$89K ﹤0.01%
+710
New +$121K
TSQ icon
3120
Townsquare Media
TSQ
$118M
$88K ﹤0.01%
16,400
INOD icon
3121
Innodata
INOD
$2.04B
$87K ﹤0.01%
96,992
CRR
3122
DELISTED
Carbo Ceramics Inc.
CRR
$87K ﹤0.01%
64,700
-30,532
-32% -$67.4K
ECT
3123
DELISTED
ECA Marcellus Trust 1 Interest
ECT
$86K ﹤0.01%
49,300
LFT
3124
Lument Finance Trust
LFT
$36.6M
$85K ﹤0.01%
25,029
PPSI
3125
Pioneer Power Solutions
PPSI
$34.3M
$84K ﹤0.01%
17,600

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.