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 | |
|---|---|---|---|---|---|---|
1176
First Industrial Realty Trust
FR
$8.44B
| $5.74M | 0.01% |
200,444
+9,100
| +5% | +$260K |
|
1177
Etsy
ETSY
$7.85B
| $5.73M | 0.01% |
382,200
+8,300
| +2% | +$103K |
|
|
SNBR
1178
DELISTED
Sleep Number
SNBR
| $5.71M | 0.01% |
160,900
-9,500
| -6% | -$284K |
|
1179
Choice Hotels
CHH
$4.8B
| $5.71M | 0.01% |
88,800
-6,300
| -7% | -$404K |
|
1180
Dorman Products
DORM
$4.18B
| $5.7M | 0.01% |
68,900
+1,800
| +3% | +$147K |
|
1181
Unisys
UIS
$217M
| $5.69M | 0.01% |
444,800
-85,600
| -16% | -$1.04M |
|
|
NSR
1182
DELISTED
Neustar Inc
NSR
| $5.68M | 0.01% |
170,300
-9,000
| -5% | -$299K |
|
|
ECHO
1183
EchoStar
ECHO
$26.2B
| $5.67M | 0.01% |
115,256
+2,592
| +2% | +$124K |
|
1184
Dycom Industries
DY
$12.3B
| $5.65M | 0.01% |
63,100
-100
| -0.2% | -$9.7K |
|
|
CZR
1185
DELISTED
Caesars Entertainment Corporation
CZR
| $5.62M | 0.01% |
468,700
-107,400
| -19% | -$1.2M |
|
|
SAFM
1186
DELISTED
Sanderson Farms Inc
SAFM
| $5.62M | 0.01% |
48,600
+3,200
| +7% | +$372K |
|
|
TGI
1187
DELISTED
Triumph Group
TGI
| $5.62M | 0.01% |
177,800
-2,000
| -1% | -$55.7K |
|
|
KLXI
1188
DELISTED
KLX Inc.
KLXI
| $5.61M | 0.01% |
132,951
+2,847
| +2% | +$115K |
|
|
HI
1189
DELISTED
Hillenbrand
HI
| $5.6M | 0.01% |
155,200
-3,000
| -2% | -$109K |
|
|
CBL
1190
DELISTED
CBL& Associates Properties, Inc.
CBL
| $5.6M | 0.01% |
664,385
+15,000
| +2% | +$129K |
|
|
CYS
1191
DELISTED
CYS Investments Inc.
CYS
| $5.6M | 0.01% |
665,900
-21,600
| -3% | -$182K |
|
|
PHH
1192
DELISTED
PHH Corporation
PHH
| $5.59M | 0.01% |
405,932
-116,800
| -22% | -$1.56M |
|
|
ALR
1193
DELISTED
Alere Inc
ALR
| $5.59M | 0.01% |
111,300
+8,100
| +8% | +$390K |
|
1194
Energizer
ENR
$1.55B
| $5.58M | 0.01% |
116,200
+2,500
| +2% | +$136K |
|
1195
Aaon
AAON
$7.77B
| $5.57M | 0.01% |
226,650
+3,900
| +2% | +$94.4K |
|
1196
Element Solutions
ESI
$9.23B
| $5.57M | 0.01% |
438,900
+9,500
| +2% | +$124K |
|
|
RGC
1197
DELISTED
Regal Entertainment Group
RGC
| $5.57M | 0.01% |
272,000
-1,700
| -0.6% | -$36K |
|
1198
Power Integrations
POWI
$3.61B
| $5.56M | 0.01% |
152,600
+3,800
| +3% | +$126K |
|
1199
Viasat
VSAT
$11.1B
| $5.55M | 0.01% |
83,800
+1,500
| +2% | +$98.6K |
|
|
ESV
1200
DELISTED
Ensco Rowan plc
ESV
| $5.54M | 0.01% |
268,550
-23,150
| -8% | -$665K |
|
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.