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 |
ATH
Athene Holding Ltd. Class A Common Shares
ATH
|
+$71.8M |
| 2 |
Alphabet (Google) Class C
GOOG
|
+$60.7M |
| 3 |
DXC Technology
DXC
|
+$49.4M |
| 4 |
Berkshire Hathaway Class B
BRK.B
|
+$46.6M |
| 5 |
Amazon
AMZN
|
+$46.3M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
YHOO
Yahoo Inc
YHOO
|
+$170M |
| 2 |
Zoetis
ZTS
|
+$71.8M |
| 3 |
Yum! Brands
YUM
|
+$65.1M |
| 4 |
Wells Fargo
WFC
|
+$47.6M |
| 5 |
Zimmer Biomet
ZBH
|
+$42.3M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 17.91% |
| 2 | Technology | 15.08% |
| 3 | Healthcare | 13.24% |
| 4 | Industrials | 10.88% |
| 5 | Consumer Discretionary | 10.02% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1026
Deluxe
DLX
$1.15B
| $7.22M | 0.01% |
104,300
-1,000
| -0.9% | -$69.7K |
|
1027
Benchmark Electronics
BHE
$2.96B
| $7.2M | 0.01% |
222,972
-15,400
| -6% | -$496K |
|
1028
DNOW Inc
DNOW
$2.99B
| $7.18M | 0.01% |
446,620
-3,100
| -0.7% | -$52.8K |
|
1029
Louisiana-Pacific
LPX
$5.49B
| $7.17M | 0.01% |
297,400
+14,100
| +5% | +$343K |
|
|
SC
1030
DELISTED
SANTANDER CONSUMER USA HOLDINGS INC
SC
| $7.17M | 0.01% |
561,800
+300
| +0.1% | +$3.64K |
|
1031
Hope Bancorp
HOPE
$1.79B
| $7.16M | 0.01% |
384,130
+8,000
| +2% | +$149K |
|
1032
TAL Education Group
TAL
$6.87B
| $7.13M | 0.01% |
349,800
-27,000
| -7% | -$530K |
|
|
AL
1033
DELISTED
Air Lease Corp
AL
| $7.11M | 0.01% |
190,200
+10,400
| +6% | +$388K |
|
1034
Myriad Genetics
MYGN
$312M
| $7.11M | 0.01% |
275,000
+17,100
| +7% | +$363K |
|
|
SAVE
1035
DELISTED
Spirit Airlines, Inc.
SAVE
| $7.1M | 0.01% |
137,400
+2,900
| +2% | +$159K |
|
|
RAD
1036
DELISTED
Rite Aid Corporation
RAD
| $7.09M | 0.01% |
120,147
+8,590
| +8% | +$649K |
|
1037
ACI Worldwide
ACIW
$5.42B
| $7.05M | 0.01% |
315,100
+5,700
| +2% | +$128K |
|
|
CTLT
1038
DELISTED
CATALENT, INC.
CTLT
| $7.05M | 0.01% |
200,800
+4,400
| +2% | +$145K |
|
|
BRSL
1039
Brightstar Lottery PLC
BRSL
$2.03B
| $7.05M | 0.01% |
385,042
-53,282
| -12% | -$1.09M |
|
|
MDP
1040
DELISTED
Meredith Corporation
MDP
| $7.03M | 0.01% |
118,300
+1,500
| +1% | +$87.6K |
|
|
CADE
1041
DELISTED
Cadence Bank
CADE
| $7.02M | 0.01% |
230,311
-10,000
| -4% | -$300K |
|
1042
Lumentum
LITE
$69.3B
| $7.01M | 0.01% |
122,800
+3,500
| +3% | +$188K |
|
1043
Autohome
ATHM
$2.62B
| $7M | 0.01% |
154,400
+1,200
| +0.8% | +$46.5K |
|
1044
John Wiley & Sons Class A
WLY
$2.66B
| $7M | 0.01% |
132,646
+700
| +0.5% | +$36.6K |
|
1045
Sprouts Farmers Market
SFM
$8.01B
| $6.98M | 0.01% |
307,900
-3,300
| -1% | -$76.4K |
|
1046
Weibo
WB
$1.95B
| $6.98M | 0.01% |
105,000
+13,560
| +15% | +$880K |
|
|
EGN
1047
DELISTED
Energen
EGN
| $6.97M | 0.01% |
141,200
+3,100
| +2% | +$165K |
|
1048
AutoNation
AN
$6.92B
| $6.96M | 0.01% |
165,200
+4,000
| +2% | +$163K |
|
1049
Worthington Enterprises
WOR
$2.86B
| $6.92M | 0.01% |
223,674
+13,138
| +6% | +$352K |
|
|
TIME
1050
DELISTED
Time Inc.
TIME
| $6.92M | 0.01% |
482,470
-30,800
| -6% | -$460K |
|
Similar funds
California Public Employees Retirement System's Q2 2017 Portfolio in Review
As of Q2 2017, California Public Employees Retirement System held 3,462 positions worth $62.5B, up 1.9% from $61.3B the previous quarter. Its ten largest holdings account for 14% of the portfolio.
Trading was light in Q2 2017: portfolio turnover was 4%. California Public Employees Retirement System opened 57 new positions and exited 83, leaving the 3,462-position portfolio largely intact.
By sector, the portfolio is most concentrated in Financials at 18% of assets, up from 18% a quarter earlier, followed by Technology and Healthcare.
- California Public Employees Retirement System's largest Q2 2017 buy was DXC Technology: 744,634 shares worth $49.4M.
- California Public Employees Retirement System added most to Athene Holding Ltd. Class A Common Shares in Q2 2017, an estimated $71.8M increase.
- California Public Employees Retirement System's biggest Q2 2017 reduction was Zoetis, cutting an estimated $71.8M.
- California Public Employees Retirement System fully exited Yahoo Inc in Q2 2017, selling an estimated $170M.
- California Public Employees Retirement System's ten largest holdings make up 14% of its $62.5B portfolio in Q2 2017.
- California Public Employees Retirement System opened 57 new positions and closed 83 in Q2 2017.
- California Public Employees Retirement System's portfolio value rose 1.9% quarter-over-quarter to $62.5B.
Based on California Public Employees Retirement System's 13F filing for Q2 2017, filed 11 Aug 2017.