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 | |
|---|---|---|---|---|---|---|
1276
Repligen
RGEN
$9.25B
| $5M | 0.01% |
120,600
+2,600
| +2% | +$98.8K |
|
1277
La-Z-Boy
LZB
$1.69B
| $4.99M | 0.01% |
153,600
+8,400
| +6% | +$236K |
|
1278
New Jersey Resources
NJR
$5.58B
| $4.99M | 0.01% |
125,700
+2,800
| +2% | +$115K |
|
1279
Constellium
CSTM
$3.99B
| $4.99M | 0.01% |
722,400
+15,700
| +2% | +$102K |
|
|
SYKE
1280
DELISTED
SYKES Enterprises Inc
SYKE
| $4.98M | 0.01% |
148,565
+900
| +0.6% | +$28.5K |
|
|
DNR
1281
DELISTED
Denbury Resources, Inc.
DNR
| $4.97M | 0.01% |
3,251,598
-56,800
| -2% | -$106K |
|
1282
ePlus
PLUS
$2.34B
| $4.97M | 0.01% |
134,200
+5,000
| +4% | +$181K |
|
1283
Commault Systems
CVLT
$5.61B
| $4.96M | 0.01% |
87,900
+1,400
| +2% | +$76.6K |
|
1284
Semtech
SMTC
$13B
| $4.96M | 0.01% |
138,700
+7,600
| +6% | +$266K |
|
|
WPG
1285
DELISTED
Washington Prime Group Inc.
WPG
| $4.95M | 0.01% |
65,726
+5,455
| +9% | +$410K |
|
|
PCH
1286
DELISTED
PotlatchDeltic
PCH
| $4.94M | 0.01% |
108,100
+2,500
| +2% | +$115K |
|
|
RRD
1287
DELISTED
RR Donnelley & Sons Co.
RRD
| $4.94M | 0.01% |
393,700
+37,700
| +11% | +$464K |
|
|
SVU
1288
DELISTED
SUPERVALU Inc.
SVU
| $4.92M | 0.01% |
213,600
-12,043
| -5% | -$321K |
|
1289
Northwest Bancshares
NWBI
$2.28B
| $4.92M | 0.01% |
314,850
-44,600
| -12% | -$711K |
|
|
ELME
1290
Elme Communities
ELME
$144M
| $4.91M | 0.01% |
153,995
+800
| +0.5% | +$25.7K |
|
1291
Strategy Inc
MSTR
$38.4B
| $4.91M | 0.01% |
256,000
+19,000
| +8% | +$353K |
|
1292
PBF Energy
PBF
$7.31B
| $4.88M | 0.01% |
219,400
+7,300
| +3% | +$157K |
|
1293
Franklin Electric
FELE
$4.84B
| $4.88M | 0.01% |
117,900
+3,900
| +3% | +$157K |
|
|
SOHU
1294
Sohu.com
SOHU
$357M
| $4.88M | 0.01% |
108,200
+600
| +0.6% | +$25.7K |
|
|
TCS
1295
DELISTED
THE CONTAINER STORE GROUP, INC.
TCS
| $4.87M | 0.01% |
54,878
+45,192
| +467% | +$3.25M |
|
1296
RPC Inc
RES
$1.3B
| $4.87M | 0.01% |
241,000
-11,300
| -4% | -$215K |
|
1297
Molina Healthcare
MOH
$10.3B
| $4.86M | 0.01% |
70,300
+3,100
| +5% | +$190K |
|
1298
PRA Group
PRAA
$755M
| $4.86M | 0.01% |
128,300
-3,600
| -3% | -$125K |
|
1299
Herc Holdings
HRI
$5.61B
| $4.86M | 0.01% |
123,466
-21,300
| -15% | -$890K |
|
1300
Middlesex Water
MSEX
$1.1B
| $4.86M | 0.01% |
122,600
+2,600
| +2% | +$97.1K |
|
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.