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 | |
|---|---|---|---|---|---|---|
1276
Horace Mann Educators
HMN
$2.13B
| $5.02M | 0.01% |
122,200
-2,800
| -2% | -$117K |
|
1277
Ingevity
NGVT
$2.65B
| $4.99M | 0.01% |
82,033
-5,566
| -6% | -$315K |
|
|
WBT
1278
DELISTED
Welbilt, Inc.
WBT
| $4.98M | 0.01% |
253,800
-8,900
| -3% | -$170K |
|
|
TCP
1279
DELISTED
TC Pipelines LP
TCP
| $4.97M | 0.01% |
83,300
-3,600
| -4% | -$217K |
|
1280
IMAX
IMAX
$2.81B
| $4.96M | 0.01% |
146,000
+137,800
| +1,680% | +$4.49M |
|
1281
Myriad Genetics
MYGN
$311M
| $4.95M | 0.01% |
257,900
+18,400
| +8% | +$326K |
|
1282
RBC Bearings
RBC
$17.6B
| $4.95M | 0.01% |
51,000
+100
| +0.2% | +$9.28K |
|
1283
Commercial Metals
CMC
$8.1B
| $4.95M | 0.01% |
258,500
-13,900
| -5% | -$285K |
|
1284
Upbound Group
UPBD
$1.12B
| $4.94M | 0.01% |
557,171
+79,100
| +17% | +$719K |
|
|
VRNT
1285
DELISTED
Verint Systems
VRNT
| $4.94M | 0.01% |
223,389
+2,944
| +1% | +$57.4K |
|
1286
Plexus
PLXS
$7.16B
| $4.93M | 0.01% |
85,352
-4,400
| -5% | -$245K |
|
1287
First Merchants
FRME
$2.66B
| $4.92M | 0.01% |
125,179
-16,500
| -12% | -$643K |
|
1288
Franklin Electric
FELE
$4.75B
| $4.91M | 0.01% |
114,000
-3,000
| -3% | -$123K |
|
1289
Cracker Barrel
CBRL
$1.25B
| $4.91M | 0.01% |
30,800
+900
| +3% | +$144K |
|
|
PRAH
1290
DELISTED
PRA Health Sciences, Inc.
PRAH
| $4.91M | 0.01% |
+75,200
| New | +$4.43M |
|
1291
Enerpac Tool Group
EPAC
$1.89B
| $4.9M | 0.01% |
186,100
-5,400
| -3% | -$145K |
|
|
KLXI
1292
DELISTED
KLX Inc.
KLXI
| $4.9M | 0.01% |
130,104
-9,844
| -7% | -$397K |
|
1293
Post Holdings
POST
$3.45B
| $4.9M | 0.01% |
85,568
-3,667
| -4% | -$202K |
|
1294
Power Integrations
POWI
$3.46B
| $4.89M | 0.01% |
148,800
-400
| -0.3% | -$13.3K |
|
1295
Adeia
ADEA
$3.07B
| $4.88M | 0.01% |
543,942
+11,718
| +2% | +$126K |
|
1296
United Bankshares
UBSI
$6.58B
| $4.88M | 0.01% |
115,600
+2,600
| +2% | +$115K |
|
1297
Asbury Automotive
ABG
$3.78B
| $4.88M | 0.01% |
81,200
-1,700
| -2% | -$109K |
|
|
HCR
1298
DELISTED
Hi-Crush Inc. Common Stock
HCR
| $4.87M | 0.01% |
280,700
+1,200
| +0.4% | +$22.2K |
|
1299
Autohome
ATHM
$2.71B
| $4.87M | 0.01% |
153,200
-3,000
| -2% | -$95.8K |
|
1300
New Jersey Resources
NJR
$5.45B
| $4.87M | 0.01% |
122,900
-18,200
| -13% | -$687K |
|
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.