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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
SDT
3201
DELISTED
SANDRIDGE MISSISSIPPIAN TRUST I
SDT
$38K ﹤0.01%
59,000
MBIO icon
3202
Mustang Bio
MBIO
$4.55M
$37K ﹤0.01%
13
ATTO
3203
DELISTED
Atento S.A.
ATTO
$37K ﹤0.01%
2,944
-5,642
-66% -$88.5K
ZN
3204
DELISTED
Zion Oil & Gas, Inc.
ZN
$34K ﹤0.01%
102,780
GIGM icon
3205
GigaMedia
GIGM
$16.4M
$33K ﹤0.01%
13,433
NTZ
3206
Natuzzi
NTZ
$14.5M
$33K ﹤0.01%
13,800
CLDX icon
3207
Celldex Therapeutics
CLDX
$3.28B
$32K ﹤0.01%
12,026
DSWL icon
3208
Deswell Industries
DSWL
$52.1M
$32K ﹤0.01%
11,408
INUV icon
3209
Inuvo
INUV
$17M
$32K ﹤0.01%
7,640
STON
3210
DELISTED
StoneMor Inc.
STON
$32K ﹤0.01%
14,700
PRTS icon
3211
CarParts.com
PRTS
$54.7M
$31K ﹤0.01%
2,450
NVLN
3212
DELISTED
Novelion Therapeutics Inc. Common Shares
NVLN
$31K ﹤0.01%
39,891
WYY icon
3213
WidePoint Corp
WYY
$114M
$30K ﹤0.01%
7,226
DXYN
3214
DELISTED
Dixie Group Inc
DXYN
$30K ﹤0.01%
52,157
FRAN
3215
DELISTED
Francesca's Holdings Corporation
FRAN
$30K ﹤0.01%
5,067
-7,281
-59% -$50K
EMAN
3216
DELISTED
eMagin Corporation
EMAN
$29K ﹤0.01%
62,890
NYMX
3217
DELISTED
Nymox Pharmaceutical Corp
NYMX
$29K ﹤0.01%
20,200
LUMO
3218
DELISTED
Lumos Pharma, Inc. Common Stock
LUMO
$27K ﹤0.01%
2,033
GTIM icon
3219
Good Times Restaurants
GTIM
$15.5M
$26K ﹤0.01%
15,000
HHS icon
3220
Harte-Hanks
HHS
$26K ﹤0.01%
12,030
FRTX
3221
DELISTED
Fresh Tracks Therapeutics, Inc. Common Stock
FRTX
$26K ﹤0.01%
98
UPL
3222
DELISTED
Ultra Petroleum Corp. Common Stock
UPL
$26K ﹤0.01%
143,900
-25,104
-15% -$10.8K
CTIC
3223
DELISTED
CTI BioPharma Corp. (DE) Common Stock
CTIC
$24K ﹤0.01%
28,400
EVOK
3224
DELISTED
Evoke Pharma
EVOK
$23K ﹤0.01%
255
SSI
3225
DELISTED
Stage Stores Inc
SSI
$23K ﹤0.01%
30,200

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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.