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 | |
|---|---|---|---|---|---|---|
|
B
1226
DELISTED
Barnes Group Inc.
B
| $5.36M | 0.01% |
91,500
+7,800
| +9% | +$431K |
|
|
MZTI
1227
The Marzetti Company
MZTI
$3.11B
| $5.35M | 0.01% |
43,600
-4,300
| -9% | -$539K |
|
1228
Brady Corp
BRC
$4.57B
| $5.33M | 0.01% |
157,300
-7,200
| -4% | -$268K |
|
|
NE
1229
DELISTED
Noble Corporation
NE
| $5.33M | 0.01% |
1,470,919
+11,000
| +0.8% | +$50.6K |
|
1230
Spectrum Brands
SPB
$2.07B
| $5.31M | 0.01% |
42,500
-9,900
| -19% | -$1.33M |
|
1231
Genesis Energy
GEL
$1.84B
| $5.3M | 0.01% |
167,200
+3,900
| +2% | +$122K |
|
|
CVA
1232
DELISTED
Covanta Holding Corporation
CVA
| $5.3M | 0.01% |
401,900
-8,100
| -2% | -$118K |
|
|
MOMO
1233
Hello Group
MOMO
$866M
| $5.29M | 0.01% |
+143,200
| New | +$5.49M |
|
|
MNDT
1234
DELISTED
Mandiant, Inc. Common Stock
MNDT
| $5.29M | 0.01% |
347,600
+7,500
| +2% | +$107K |
|
1235
Kulicke & Soffa
KLIC
$4.78B
| $5.29M | 0.01% |
277,870
-50,400
| -15% | -$1.06M |
|
|
SLCA
1236
DELISTED
U.S. SILICA HOLDINGS, INC.
SLCA
| $5.28M | 0.01% |
148,800
-7,000
| -4% | -$276K |
|
|
FNSR
1237
DELISTED
Finisar Corp
FNSR
| $5.27M | 0.01% |
202,800
+5,200
| +3% | +$130K |
|
|
MRC
1238
DELISTED
MRC Global
MRC
| $5.24M | 0.01% |
316,900
-18,300
| -5% | -$335K |
|
|
AFSI
1239
DELISTED
AmTrust Financial Services, Inc.
AFSI
| $5.23M | 0.01% |
345,660
+9,700
| +3% | +$143K |
|
|
BMCH
1240
DELISTED
BMC Stock Holdings, Inc
BMCH
| $5.23M | 0.01% |
239,200
-1,100
| -0.5% | -$24K |
|
1241
Minerals Technologies
MTX
$2.34B
| $5.23M | 0.01% |
71,400
+1,400
| +2% | +$104K |
|
1242
GoDaddy
GDDY
$11.5B
| $5.21M | 0.01% |
+122,800
| New | +$4.92M |
|
|
BOBE
1243
DELISTED
Bob Evans Farms, Inc.
BOBE
| $5.21M | 0.01% |
72,458
-2,000
| -3% | -$137K |
|
1244
Enviri
NVRI
$620M
| $5.2M | 0.01% |
322,953
-108,100
| -25% | -$1.56M |
|
1245
Kemper
KMPR
$1.68B
| $5.2M | 0.01% |
134,600
-15,100
| -10% | -$592K |
|
|
FTR
1246
DELISTED
Frontier Communications Corp.
FTR
| $5.19M | 0.01% |
298,405
+57,447
| +24% | +$1.32M |
|
1247
Cracker Barrel
CBRL
$1.29B
| $5.18M | 0.01% |
31,000
+200
| +0.6% | +$32.6K |
|
|
WMGI
1248
DELISTED
Wright Medical Group Inc
WMGI
| $5.17M | 0.01% |
188,140
+4,700
| +3% | +$133K |
|
|
LGF.B
1249
DELISTED
Lions Gate Entertainment Corp. Class B Non-Voting Shares
LGF.B
| $5.17M | 0.01% |
196,599
+4,300
| +2% | +$104K |
|
1250
FerroAtlántica
GSM
$839M
| $5.16M | 0.01% |
432,100
+9,400
| +2% | +$95.2K |
|
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.