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 | |
|---|---|---|---|---|---|---|
|
MNDT
1201
DELISTED
Mandiant, Inc. Common Stock
MNDT
| $5.92M | 0.01% |
352,800
+5,200
| +1% | +$79.9K |
|
|
MDCO
1202
DELISTED
Medicines Co
MDCO
| $5.91M | 0.01% |
159,600
+2,000
| +1% | +$73.7K |
|
|
ILG
1203
DELISTED
ILG, Inc Common Stock
ILG
| $5.89M | 0.01% |
220,467
+9,872
| +5% | +$261K |
|
|
JCP
1204
DELISTED
J.C. Penney Company, Inc.
JCP
| $5.88M | 0.01% |
1,544,500
+306,267
| +25% | +$1.36M |
|
|
CYS
1205
DELISTED
CYS Investments Inc.
CYS
| $5.88M | 0.01% |
680,759
+14,859
| +2% | +$128K |
|
1206
Pebblebrook Hotel Trust
PEB
$1.99B
| $5.87M | 0.01% |
162,497
-4,903
| -3% | -$163K |
|
|
BGC
1207
DELISTED
General Cable Corporation
BGC
| $5.86M | 0.01% |
310,753
+3,853
| +1% | +$69K |
|
1208
Brady Corp
BRC
$4.57B
| $5.84M | 0.01% |
153,900
-3,400
| -2% | -$116K |
|
1209
Mueller Water Products
MWA
$4.1B
| $5.83M | 0.01% |
455,848
+13,748
| +3% | +$163K |
|
1210
BOK Financial
BOKF
$8.67B
| $5.83M | 0.01% |
65,393
-6,773
| -9% | -$565K |
|
1211
Kulicke & Soffa
KLIC
$4.61B
| $5.82M | 0.01% |
269,813
-8,057
| -3% | -$162K |
|
1212
Conduent
CNDT
$245M
| $5.81M | 0.01% |
370,820
+5,600
| +2% | +$91.5K |
|
|
TIVO
1213
DELISTED
Tivo Inc
TIVO
| $5.81M | 0.01% |
292,684
+3,400
| +1% | +$63.5K |
|
1214
Wolverine World Wide
WWW
$1.54B
| $5.81M | 0.01% |
201,270
+9,570
| +5% | +$260K |
|
|
NS
1215
DELISTED
NuStar Energy L.P.
NS
| $5.8M | 0.01% |
142,925
-3,675
| -3% | -$155K |
|
1216
Steven Madden
SHOO
$3.57B
| $5.79M | 0.01% |
200,483
+9,383
| +5% | +$258K |
|
1217
Enpro
NPO
$7.05B
| $5.79M | 0.01% |
71,840
+340
| +0.5% | +$24.8K |
|
1218
Essent Group
ESNT
$6.24B
| $5.78M | 0.01% |
142,669
+17,869
| +14% | +$691K |
|
1219
SM Energy
SM
$7.52B
| $5.78M | 0.01% |
325,626
+50,926
| +19% | +$796K |
|
1220
Acadia Pharmaceuticals
ACAD
$5.04B
| $5.77M | 0.01% |
153,200
+2,800
| +2% | +$91.1K |
|
|
LEXEA
1221
DELISTED
Liberty Expedia Holdings, Inc. Class A Common Stock
LEXEA
| $5.77M | 0.01% |
108,560
+1,600
| +1% | +$86.6K |
|
1222
Viavi Solutions
VIAV
$9.3B
| $5.76M | 0.01% |
608,992
-9,408
| -2% | -$98K |
|
|
NUVA
1223
DELISTED
NuVasive, Inc.
NUVA
| $5.75M | 0.01% |
103,715
-2,485
| -2% | -$164K |
|
1224
Northwest Bancshares
NWBI
$2.26B
| $5.73M | 0.01% |
331,705
+16,855
| +5% | +$268K |
|
1225
Liberty Broadband Class A
LBRDA
$5.2B
| $5.72M | 0.01% |
60,786
+5,186
| +9% | +$495K |
|
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.