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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
INSY
3226
DELISTED
Insys Therapeutics, Inc.
INSY
$23K ﹤0.01%
75,500
EMES
3227
DELISTED
Emerge Energy Services LP
EMES
$23K ﹤0.01%
253,700
MVIS icon
3228
Microvision
MVIS
$78.9M
$22K ﹤0.01%
1,840
AVEO
3229
DELISTED
AVEO Pharmaceuticals, Inc.
AVEO
$22K ﹤0.01%
3,340
-2,156
-39% -$18.5K
EVOL
3230
DELISTED
Evolving Systems, Inc.
EVOL
$22K ﹤0.01%
27,237
SYNC
3231
DELISTED
Synacor, Inc.
SYNC
$21K ﹤0.01%
13,700
APVO icon
3232
Aptevo Therapeutics
APVO
$5.21M
0
BNBX
3233
DELISTED
BNB PLUS CORP
BNBX
0
RGLS
3234
DELISTED
Regulus Therapeutics
RGLS
$18K ﹤0.01%
1,480
AIRTW
3235
DELISTED
Air T Inc Warrants
AIRTW
$18K ﹤0.01%
+262,839
New +$27.9K
FLNA
3236
Filana Therapeutics
FLNA
$48.1M
$17K ﹤0.01%
14,285
OTIV
3237
DELISTED
OTI On Track Innovations Ltd
OTIV
$16K ﹤0.01%
37,200
CNVS icon
3238
Cineverse
CNVS
$65.6M
$15K ﹤0.01%
549
AFH
3239
DELISTED
Atlas Financial Holdings, Inc. Ordinary Shares
AFH
$15K ﹤0.01%
21,200
PZG icon
3240
Paramount Gold Nevada
PZG
$124M
$14K ﹤0.01%
18,374
VIRX
3241
DELISTED
Viracta Therapeutics, Inc. Common Stock
VIRX
$14K ﹤0.01%
555
LODE icon
3242
Comstock
LODE
$245M
$12K ﹤0.01%
1,266
NAVB
3243
DELISTED
Navidea Biopharmaceuticals Inc.
NAVB
$12K ﹤0.01%
18,385
CBK
3244
DELISTED
Christopher & Banks Corporation
CBK
$11K ﹤0.01%
100,600
ACET
3245
DELISTED
Aceto Corp
ACET
$11K ﹤0.01%
71,900
-94,983
-57% -$14.8K
CELGZ
3246
DELISTED
Celgene Corporation Contingent Value Rights
CELGZ
$11K ﹤0.01%
17,900
ATNM icon
3247
Actinium Pharmaceuticals
ATNM
$25M
$10K ﹤0.01%
1,333
ARCW
3248
DELISTED
ARC Group Worldwide, Inc
ARCW
$9K ﹤0.01%
19,200
AMPE
3249
DELISTED
Ampio Pharmaceuticals Inc.
AMPE
$8K ﹤0.01%
68
GNMX
3250
DELISTED
Aevi Genomic Medicine Inc
GNMX
$8K ﹤0.01%
51,000

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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.