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 | |
|---|---|---|---|---|---|---|
|
ANAT
1301
DELISTED
American National Group, Inc. Common Stock
ANAT
| $5.11M | 0.01% |
43,306
+245
| +0.6% | +$28.8K |
|
|
KND
1302
DELISTED
Kindred Healthcare
KND
| $5.11M | 0.01% |
751,962
+95,543
| +15% | +$813K |
|
|
KYNB
1303
Kyntra Bio
KYNB
$28.2M
| $5.11M | 0.01% |
3,796
+68
| +2% | +$71.7K |
|
1304
Designer Brands
DBI
$334M
| $5.1M | 0.01% |
237,617
+24,417
| +11% | +$449K |
|
|
GCP
1305
DELISTED
GCP Applied Technologies Inc.
GCP
| $5.09M | 0.01% |
165,715
+13,615
| +9% | +$407K |
|
1306
Fabrinet
FN
$18.9B
| $5.08M | 0.01% |
136,978
+678
| +0.5% | +$27.7K |
|
1307
Ubiquiti
UI
$34.5B
| $5.07M | 0.01% |
90,460
+4,560
| +5% | +$263K |
|
1308
Entegris
ENTG
$22B
| $5.07M | 0.01% |
175,646
+14,546
| +9% | +$370K |
|
|
HA
1309
DELISTED
Hawaiian Holdings, Inc.
HA
| $5.05M | 0.01% |
134,448
+11,048
| +9% | +$469K |
|
|
SNBR
1310
DELISTED
Sleep Number
SNBR
| $5.04M | 0.01% |
162,183
+1,283
| +0.8% | +$40.1K |
|
1311
Chord Energy
CHRD
$7.8B
| $5.03M | 0.01% |
551,500
+6,900
| +1% | +$54.1K |
|
1312
RH
RH
$3.47B
| $5.02M | 0.01% |
71,359
+4,159
| +6% | +$261K |
|
1313
LCI Industries
LCII
$2.55B
| $5.01M | 0.01% |
43,285
+5,485
| +15% | +$559K |
|
1314
Arcos Dorados Holdings
ARCO
$1.7B
| $5M | 0.01% |
510,957
-12,411
| -2% | -$107K |
|
1315
Liberty Latin America Class C
LILAK
$1.65B
| $4.99M | 0.01% |
250,304
+4,205
| +2% | +$90K |
|
1316
Yelp
YELP
$1.35B
| $4.99M | 0.01% |
115,200
+2,300
| +2% | +$88.7K |
|
|
ECOL
1317
DELISTED
US Ecology, Inc.
ECOL
| $4.99M | 0.01% |
92,690
+1,590
| +2% | +$80.8K |
|
|
TCP
1318
DELISTED
TC Pipelines LP
TCP
| $4.98M | 0.01% |
95,174
+7,274
| +8% | +$392K |
|
1319
Element Solutions
ESI
$9.08B
| $4.97M | 0.01% |
445,400
+6,500
| +1% | +$80.5K |
|
1320
Zillow
ZG
$7.66B
| $4.96M | 0.01% |
123,500
+1,500
| +1% | +$63.4K |
|
1321
MillerKnoll
MLKN
$1.64B
| $4.96M | 0.01% |
138,056
+10,756
| +8% | +$362K |
|
1322
Cracker Barrel
CBRL
$1.25B
| $4.95M | 0.01% |
32,662
+1,662
| +5% | +$254K |
|
|
FMBI
1323
DELISTED
First Midwest Bancorp Inc/IL
FMBI
| $4.95M | 0.01% |
211,151
+5,151
| +3% | +$114K |
|
1324
PENN Entertainment
PENN
$2.53B
| $4.94M | 0.01% |
211,180
+25,980
| +14% | +$557K |
|
1325
Blackstone Mortgage Trust
BXMT
$2.39B
| $4.92M | 0.01% |
158,721
+9,021
| +6% | +$280K |
|
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.