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 |
AT&T
T
|
+$186M |
| 2 |
Alphabet (Google) Class C
GOOG
|
+$142M |
| 3 |
PepsiCo
PEP
|
+$61.8M |
| 4 |
Coca-Cola
KO
|
+$61.8M |
| 5 |
Pfizer
PFE
|
+$54.1M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Alphabet (Google) Class A
GOOGL
|
+$269M |
| 2 |
TWX
Time Warner Inc
TWX
|
+$178M |
| 3 |
Apple
AAPL
|
+$161M |
| 4 |
Microsoft
MSFT
|
+$132M |
| 5 |
Amazon
AMZN
|
+$125M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 17.84% |
| 2 | Technology | 16.75% |
| 3 | Healthcare | 13.11% |
| 4 | Consumer Discretionary | 10.49% |
| 5 | Industrials | 10.16% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
WNS
1276
DELISTED
WNS Holdings
WNS
| $5.23M | 0.01% |
100,158
-26,058
| -21% | -$1.29M |
|
1277
PagSeguro Digital
PAGS
$2.5B
| $5.22M | 0.01% |
188,300
-11,700
| -6% | -$387K |
|
|
MIK
1278
DELISTED
Michaels Stores, Inc
MIK
| $5.22M | 0.01% |
272,248
+73,962
| +37% | +$1.41M |
|
|
PCH
1279
DELISTED
PotlatchDeltic
PCH
| $5.21M | 0.01% |
102,414
-2,175
| -2% | -$110K |
|
|
SGI
1280
Somnigroup International
SGI
$14B
| $5.2M | 0.01% |
432,964
-93,560
| -18% | -$1.1M |
|
1281
Belden
BDC
$5.36B
| $5.2M | 0.01% |
85,074
-4,180
| -5% | -$256K |
|
1282
CONMED
CNMD
$1.5B
| $5.18M | 0.01% |
70,765
+2,508
| +4% | +$171K |
|
1283
Kulicke & Soffa
KLIC
$4.74B
| $5.18M | 0.01% |
217,446
+2,199
| +1% | +$52.2K |
|
1284
Nexstar Media Group
NXST
$5.66B
| $5.17M | 0.01% |
70,497
-1,202
| -2% | -$81.3K |
|
1285
Nabors Industries
NBR
$1.31B
| $5.17M | 0.01% |
16,141
-7,842
| -33% | -$2.88M |
|
1286
WesBanco
WSBC
$4.01B
| $5.17M | 0.01% |
114,857
+43,584
| +61% | +$1.97M |
|
|
STAY
1287
DELISTED
Extended Stay America, Inc. Paired Share Unit
STAY
| $5.17M | 0.01% |
239,170
-2,634
| -1% | -$53.9K |
|
1288
DNOW Inc
DNOW
$3.02B
| $5.16M | 0.01% |
387,075
-108,945
| -22% | -$1.44M |
|
1289
La-Z-Boy
LZB
$1.67B
| $5.15M | 0.01% |
168,436
-2,012
| -1% | -$61.8K |
|
|
HZNP
1290
DELISTED
Horizon Therapeutics Public Limited Company Ordinary Shares
HZNP
| $5.15M | 0.01% |
310,722
-4,596
| -1% | -$70.1K |
|
|
WBT
1291
DELISTED
Welbilt, Inc.
WBT
| $5.14M | 0.01% |
230,375
-17,825
| -7% | -$356K |
|
1292
First Financial Bancorp
FFBC
$3.55B
| $5.13M | 0.01% |
167,428
+55,125
| +49% | +$1.72M |
|
1293
Simpson Manufacturing
SSD
$8.06B
| $5.13M | 0.01% |
82,516
+8,018
| +11% | +$487K |
|
1294
Park National Corp
PRK
$3.66B
| $5.13M | 0.01% |
46,020
+779
| +2% | +$87.1K |
|
1295
Blackstone Mortgage Trust
BXMT
$2.42B
| $5.12M | 0.01% |
162,926
-16,103
| -9% | -$507K |
|
1296
Performance Food Group
PFGC
$17.8B
| $5.11M | 0.01% |
139,092
+90,689
| +187% | +$3.07M |
|
|
CTB
1297
DELISTED
Cooper Tire & Rubber Co.
CTB
| $5.08M | 0.01% |
193,248
+163
| +0.1% | +$4.38K |
|
1298
Nelnet
NNI
$4.56B
| $5.08M | 0.01% |
86,936
-5,394
| -6% | -$312K |
|
1299
Choice Hotels
CHH
$4.57B
| $5.08M | 0.01% |
67,156
-13,042
| -16% | -$1.05M |
|
|
BLD
1300
DELISTED
TopBuild
BLD
| $5.07M | 0.01% |
64,677
-12,900
| -17% | -$1.04M |
|
Similar funds
California Public Employees Retirement System's Q2 2018 Portfolio in Review
As of Q2 2018, California Public Employees Retirement System held 3,424 positions worth $72.3B, up 3% from $70.2B the previous quarter. Its ten largest holdings account for 15% of the portfolio.
California Public Employees Retirement System's Q2 2018 filing shows 139 new, 1,115 increased, 1,545 reduced and 134 closed positions. Its largest new stake was Evergy: 605,075 shares worth $34M. The largest sale was Alphabet (Google) Class A, an estimated $269M.
By sector, the portfolio is most concentrated in Financials at 18% of assets, down from 18% a quarter earlier, followed by Technology and Healthcare.
- California Public Employees Retirement System's largest Q2 2018 buy was Evergy: 605,075 shares worth $34M.
- California Public Employees Retirement System added most to AT&T in Q2 2018, an estimated $186M increase.
- California Public Employees Retirement System's biggest Q2 2018 reduction was Alphabet (Google) Class A, cutting an estimated $269M.
- California Public Employees Retirement System fully exited Time Warner Inc in Q2 2018, selling an estimated $178M.
- California Public Employees Retirement System's ten largest holdings make up 15% of its $72.3B portfolio in Q2 2018.
- California Public Employees Retirement System opened 139 new positions and closed 134 in Q2 2018.
- California Public Employees Retirement System's portfolio value rose 3% quarter-over-quarter to $72.3B.
Based on California Public Employees Retirement System's 13F filing for Q2 2018, filed 15 Aug 2018.