California Public Employees Retirement System Portfolio holdings
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.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
DuPont de Nemours
DD
|
+$168M |
| 2 |
Microsoft
MSFT
|
+$95.5M |
| 3 |
Apple
AAPL
|
+$66.8M |
| 4 |
Meta Platforms (Facebook)
META
|
+$60.2M |
| 5 |
Alphabet (Google) Class C
GOOG
|
+$57.8M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
DD
Du Pont De Nemours E I
DD
|
+$173M |
| 2 |
BHI
Baker Hughes
BHI
|
+$56.5M |
| 3 |
Synchrony
SYF
|
+$38.8M |
| 4 |
Alibaba
BABA
|
+$36.3M |
| 5 |
WFM
Whole Foods Market Inc
WFM
|
+$35M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 17.95% |
| 2 | Technology | 15.54% |
| 3 | Healthcare | 13.07% |
| 4 | Industrials | 10.95% |
| 5 | Consumer Discretionary | 9.8% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
951
Post Holdings
POST
$3.57B
| $8.73M | 0.01% |
151,179
+4,797
| +3% | +$263K |
|
952
Wendy's
WEN
$1.46B
| $8.72M | 0.01% |
561,588
+12,537
| +2% | +$192K |
|
|
GPT
953
DELISTED
Gramercy Property Trust
GPT
| $8.72M | 0.01% |
288,216
+12,420
| +5% | +$372K |
|
954
Bio-Techne
TECH
$11.3B
| $8.7M | 0.01% |
287,972
+7,972
| +3% | +$237K |
|
955
TripAdvisor
TRIP
$1.26B
| $8.7M | 0.01% |
214,521
+7,821
| +4% | +$318K |
|
956
Texas Roadhouse
TXRH
$13.7B
| $8.69M | 0.01% |
176,766
+4,566
| +3% | +$222K |
|
|
COR
957
DELISTED
Coresite Realty Corporation
COR
| $8.65M | 0.01% |
77,329
+7,429
| +11% | +$816K |
|
958
Louisiana-Pacific
LPX
$5.49B
| $8.65M | 0.01% |
319,466
+22,066
| +7% | +$562K |
|
959
Sally Beauty Holdings
SBH
$1.58B
| $8.65M | 0.01% |
441,721
+31,721
| +8% | +$624K |
|
|
TUP
960
DELISTED
Tupperware Brands Corporation
TUP
| $8.64M | 0.01% |
139,788
+9,199
| +7% | +$567K |
|
|
XIFR
961
XPLR Infrastructure LP
XIFR
$1.08B
| $8.6M | 0.01% |
213,422
+17,322
| +9% | +$689K |
|
|
RICE
962
DELISTED
Rice Energy Inc.
RICE
| $8.58M | 0.01% |
296,400
+5,000
| +2% | +$137K |
|
|
AL
963
DELISTED
Air Lease Corp
AL
| $8.54M | 0.01% |
200,500
+10,300
| +5% | +$411K |
|
964
Saic
SAIC
$5.35B
| $8.54M | 0.01% |
127,793
-4,907
| -4% | -$341K |
|
965
Sensient Technologies
SXT
$5.53B
| $8.54M | 0.01% |
111,069
+4,869
| +5% | +$369K |
|
966
Armstrong World Industries
AWI
$7.84B
| $8.53M | 0.01% |
166,443
-13,157
| -7% | -$619K |
|
967
Knight Transportation
KNX
$11.4B
| $8.53M | 0.01% |
+205,227
| New | +$7.78M |
|
|
MASI
968
DELISTED
Masimo
MASI
| $8.51M | 0.01% |
98,316
+6,816
| +7% | +$603K |
|
|
AHL
969
DELISTED
ASPEN Insurance Holding Limited
AHL
| $8.48M | 0.01% |
209,842
+2,742
| +1% | +$127K |
|
|
GRUB
970
DELISTED
Just Eat Takeaway.com N.V. American Depositary Shares
GRUB
| $8.46M | 0.01% |
80,300
+1,250
| +2% | +$128K |
|
|
CTLT
971
DELISTED
CATALENT, INC.
CTLT
| $8.45M | 0.01% |
211,612
+10,812
| +5% | +$400K |
|
972
Charles River Laboratories
CRL
$12.8B
| $8.44M | 0.01% |
78,155
+10,055
| +15% | +$1.03M |
|
973
Casey's General Stores
CASY
$30.9B
| $8.42M | 0.01% |
76,946
+2,946
| +4% | +$313K |
|
|
TCF
974
DELISTED
TCF Financial Corporation Common Stock
TCF
| $8.4M | 0.01% |
160,774
+8,474
| +6% | +$405K |
|
975
Ziff Davis
ZD
$1.98B
| $8.38M | 0.01% |
130,519
+3,674
| +3% | +$249K |
|
Similar funds
California Public Employees Retirement System's Q3 2017 Portfolio in Review
As of Q3 2017, California Public Employees Retirement System held 3,426 positions worth $67.3B, up 7.7% from $62.5B the previous quarter. Its ten largest holdings account for 15% of the portfolio.
California Public Employees Retirement System deployed $2.04B of net new capital in Q3 2017, opening 47 new positions and adding to 1,907 existing holdings. Its largest new stake was Baker Hughes: 919,818 shares worth $33.7M.
By sector, the portfolio is most concentrated in Financials at 18% of assets, up from 18% a quarter earlier, followed by Technology and Healthcare.
On the sell side, the largest reduction was Synchrony, an estimated $38.8M trimmed.
- California Public Employees Retirement System's largest Q3 2017 buy was Baker Hughes: 919,818 shares worth $33.7M.
- California Public Employees Retirement System added most to DuPont de Nemours in Q3 2017, an estimated $168M increase.
- California Public Employees Retirement System's biggest Q3 2017 reduction was Synchrony, cutting an estimated $38.8M.
- California Public Employees Retirement System fully exited Du Pont De Nemours E I in Q3 2017, selling an estimated $173M.
- California Public Employees Retirement System's ten largest holdings make up 15% of its $67.3B portfolio in Q3 2017.
- California Public Employees Retirement System opened 47 new positions and closed 81 in Q3 2017.
- California Public Employees Retirement System's portfolio value rose 7.7% quarter-over-quarter to $67.3B.
Based on California Public Employees Retirement System's 13F filing for Q3 2017, filed 15 Nov 2017.