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 |
YHOO
Yahoo Inc
YHOO
|
+$88.6M |
| 2 |
Zoetis
ZTS
|
+$66M |
| 3 |
Yum! Brands
YUM
|
+$54.5M |
| 4 |
ATH
Athene Holding Ltd. Class A Common Shares
ATH
|
+$45.5M |
| 5 |
Zimmer Biomet
ZBH
|
+$42.2M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apollo Global Management
APO
|
+$111M |
| 2 |
SE
Spectra Energy Corp Wi
SE
|
+$57.7M |
| 3 |
Apple
AAPL
|
+$56.7M |
| 4 |
STJ
St Jude Medical
STJ
|
+$53.3M |
| 5 |
Microsoft
MSFT
|
+$50.3M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 17.67% |
| 2 | Technology | 15.02% |
| 3 | Healthcare | 12.8% |
| 4 | Industrials | 10.81% |
| 5 | Consumer Discretionary | 9.53% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
FDC
1126
DELISTED
First Data Corporation
FDC
| $6.17M | 0.01% |
398,300
-7,000
| -2% | -$110K |
|
|
MZTI
1127
The Marzetti Company
MZTI
$3.11B
| $6.17M | 0.01% |
47,900
-1,600
| -3% | -$215K |
|
|
WDR
1128
DELISTED
Waddell & Reed Financial, Inc.
WDR
| $6.17M | 0.01% |
362,934
+30,600
| +9% | +$560K |
|
1129
Generac Holdings
GNRC
$12.4B
| $6.16M | 0.01% |
165,200
+3,500
| +2% | +$138K |
|
|
CKH
1130
DELISTED
Seacor Holdings Inc.
CKH
| $6.16M | 0.01% |
92,045
-10,546
| -10% | -$721K |
|
|
MRC
1131
DELISTED
MRC Global
MRC
| $6.14M | 0.01% |
335,200
-62,400
| -16% | -$1.24M |
|
1132
EastGroup Properties
EGP
$10.9B
| $6.13M | 0.01% |
83,424
-3,200
| -4% | -$233K |
|
|
MDRX
1133
DELISTED
Veradigm Inc. Common Stock
MDRX
| $6.13M | 0.01% |
483,200
+300
| +0.1% | +$3.56K |
|
1134
Dillards
DDS
$9.9B
| $6.12M | 0.01% |
117,200
+9,900
| +9% | +$542K |
|
1135
Opko Health
OPK
$1.03B
| $6.1M | 0.01% |
762,456
-32,800
| -4% | -$276K |
|
|
SVU
1136
DELISTED
SUPERVALU Inc.
SVU
| $6.1M | 0.01% |
225,643
+53,843
| +31% | +$1.47M |
|
|
UNIT
1137
Uniti Group
UNIT
$2.29B
| $6.09M | 0.01% |
235,680
-13,700
| -5% | -$365K |
|
|
JNS
1138
DELISTED
Janus Capital Group Inc
JNS
| $6.08M | 0.01% |
460,900
+40,400
| +10% | +$516K |
|
|
BWLD
1139
DELISTED
Buffalo Wild Wings, Inc.
BWLD
| $6.06M | 0.01% |
39,700
-200
| -0.5% | -$30.5K |
|
|
EE
1140
DELISTED
El Paso Electric Company
EE
| $6.06M | 0.01% |
119,950
-7,100
| -6% | -$336K |
|
1141
Northwest Bancshares
NWBI
$2.26B
| $6.05M | 0.01% |
359,450
-21,400
| -6% | -$375K |
|
1142
Maximus
MMS
$2.96B
| $6.05M | 0.01% |
97,300
-2,300
| -2% | -$135K |
|
1143
Fabrinet
FN
$19.2B
| $6.05M | 0.01% |
143,900
-4,900
| -3% | -$204K |
|
1144
Spire
SR
$4.82B
| $6.05M | 0.01% |
89,600
-9,100
| -9% | -$592K |
|
1145
Avista
AVA
$3.2B
| $6.04M | 0.01% |
154,780
-8,800
| -5% | -$345K |
|
1146
Glacier Bancorp
GBCI
$6.32B
| $6.04M | 0.01% |
177,900
-5,600
| -3% | -$198K |
|
|
HAWK
1147
DELISTED
Blackhawk Network Holdings, Inc. Common Stock
HAWK
| $6.03M | 0.01% |
148,500
-700
| -0.5% | -$26K |
|
1148
Neogen
NEOG
$2.49B
| $6.03M | 0.01% |
245,200
-14,933
| -6% | -$366K |
|
|
EBIX
1149
DELISTED
Ebix Inc
EBIX
| $6.03M | 0.01% |
98,400
-18,700
| -16% | -$1.11M |
|
1150
Sinclair Inc
SBGI
$997M
| $6.02M | 0.01% |
148,700
+3,600
| +2% | +$133K |
|
Similar funds
California Public Employees Retirement System's Q1 2017 Portfolio in Review
As of Q1 2017, California Public Employees Retirement System held 3,495 positions worth $61.3B, up 2.8% from $59.6B the previous quarter. Its ten largest holdings account for 14% of the portfolio.
Trading was light in Q1 2017: portfolio turnover was 4.3%. California Public Employees Retirement System opened 60 new positions and exited 90, leaving the 3,495-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 Q1 2017 buy was Athene Holding Ltd. Class A Common Shares: 917,964 shares worth $45.7M.
- California Public Employees Retirement System added most to Yahoo Inc in Q1 2017, an estimated $88.6M increase.
- California Public Employees Retirement System's biggest Q1 2017 reduction was Apollo Global Management, cutting an estimated $111M.
- California Public Employees Retirement System fully exited Spectra Energy Corp Wi in Q1 2017, selling an estimated $57.7M.
- California Public Employees Retirement System's ten largest holdings make up 14% of its $61.3B portfolio in Q1 2017.
- California Public Employees Retirement System opened 60 new positions and closed 90 in Q1 2017.
- California Public Employees Retirement System's portfolio value rose 2.8% quarter-over-quarter to $61.3B.
Based on California Public Employees Retirement System's 13F filing for Q1 2017, filed 11 May 2017.