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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
RDC
3326
DELISTED
Rowan Companies Plc
RDC
-432,357
Closed -$4.67M
ARRS
3327
DELISTED
ARRIS International plc Ordinary Shares
ARRS
-358,751
Closed -$11.3M
NCOM
3328
DELISTED
National Commerce Corporation
NCOM
-13,702
Closed -$537K
IDTI
3329
DELISTED
Integrated Device Technology I
IDTI
-277,292
Closed -$13.6M
BLMT
3330
DELISTED
BSB Bancorp, Inc.
BLMT
-20,703
Closed -$680K
WMGIZ
3331
DELISTED
Wright Medical Group, Inc. Contingent Value Right
WMGIZ
-166,500
Closed -$1K
SN
3332
DELISTED
Sanchez Energy Corporation
SN
-294,800
Closed -$59K
GTYH
3333
DELISTED
GTY Technology Holdings, Inc. Common Stock
GTYH
-10,956
Closed -$96K
WIN
3334
DELISTED
Windstream Holdings Inc
WIN
-198,804
Closed -$60K
PHIIK
3335
DELISTED
PHI, Inc. Non-Voting Common Stock
PHIIK
-44,556
Closed -$19K
BAS
3336
DELISTED
Basis Energy Services, Inc.
BAS
-29,999
Closed -$114K
KEG
3337
DELISTED
Key Energy Services, Inc. Common Stock
KEG
-11,709
Closed -$48K
NAVG
3338
DELISTED
Navigators Group Inc
NAVG
-61,856
Closed -$4.32M
ATTU
3339
DELISTED
Attunity Ltd
ATTU
-46,738
Closed -$1.1M
HK
3340
DELISTED
Halcon Resources Corporation
HK
-36,999
Closed -$50K
SXE
3341
DELISTED
Southcross Energy Partners, L.P.
SXE
-18,400
Closed -$5K

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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.