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 | |
|---|---|---|---|---|---|---|
|
PHX
1326
DELISTED
PHX Minerals
PHX
| $4.66M | 0.01% |
201,900
+5,800
| +3% | +$118K |
|
|
CHS
1327
DELISTED
Chicos FAS, Inc.
CHS
| $4.66M | 0.01% |
494,900
-35,500
| -7% | -$410K |
|
1328
Werner Enterprises
WERN
$2.25B
| $4.66M | 0.01% |
158,700
-9,100
| -5% | -$248K |
|
1329
Central Pacific Financial
CPF
$1B
| $4.65M | 0.01% |
147,900
-9,500
| -6% | -$294K |
|
|
GCP
1330
DELISTED
GCP Applied Technologies Inc.
GCP
| $4.64M | 0.01% |
152,100
+9,600
| +7% | +$302K |
|
1331
Essent Group
ESNT
$6.33B
| $4.63M | 0.01% |
124,800
+5,100
| +4% | +$187K |
|
1332
Asbury Automotive
ABG
$3.85B
| $4.63M | 0.01% |
81,800
+600
| +0.7% | +$34.5K |
|
1333
First Bancorp
FBP
$4.38B
| $4.62M | 0.01% |
798,400
-142,200
| -15% | -$797K |
|
1334
ICU Medical
ICUI
$4.61B
| $4.62M | 0.01% |
26,800
+2,000
| +8% | +$321K |
|
1335
Watts Water Technologies
WTS
$13.1B
| $4.61M | 0.01% |
73,000
+3,300
| +5% | +$206K |
|
|
ECOL
1336
DELISTED
US Ecology, Inc.
ECOL
| $4.6M | 0.01% |
91,100
+1,800
| +2% | +$89.1K |
|
|
CCP
1337
DELISTED
Care Capital Properties, Inc.
CCP
| $4.6M | 0.01% |
172,253
+3,800
| +2% | +$103K |
|
1338
HealthEquity
HQY
$8.75B
| $4.59M | 0.01% |
92,200
+2,000
| +2% | +$93.5K |
|
|
DGI
1339
DELISTED
DigitalGlobe Inc.
DGI
| $4.59M | 0.01% |
137,800
-16,500
| -11% | -$531K |
|
1340
Trustmark
TRMK
$2.75B
| $4.57M | 0.01% |
141,982
-9,000
| -6% | -$289K |
|
|
BECN
1341
DELISTED
Beacon Roofing Supply, Inc.
BECN
| $4.56M | 0.01% |
93,000
-2,100
| -2% | -$103K |
|
1342
Children's Place
PLCE
$59.8M
| $4.55M | 0.01% |
44,600
-2,300
| -5% | -$252K |
|
|
WIN
1343
DELISTED
Windstream Holdings Inc
WIN
| $4.55M | 0.01% |
234,551
+23,780
| +11% | +$575K |
|
1344
Enerpac Tool Group
EPAC
$1.93B
| $4.55M | 0.01% |
184,800
-1,300
| -0.7% | -$33.3K |
|
1345
SM Energy
SM
$6.87B
| $4.54M | 0.01% |
274,700
+5,000
| +2% | +$99.2K |
|
|
CATM
1346
DELISTED
Cardtronics plc Class A Ordinary Shares (UK)
CATM
| $4.54M | 0.01% |
138,100
+4,000
| +3% | +$150K |
|
|
NAV
1347
DELISTED
Navistar International
NAV
| $4.54M | 0.01% |
172,900
-54,800
| -24% | -$1.45M |
|
1348
HNI Corp
HNI
$3.59B
| $4.53M | 0.01% |
113,500
+1,600
| +1% | +$69.8K |
|
1349
Cars.com
CARS
$660M
| $4.51M | 0.01% |
+169,532
| New | +$4.57M |
|
|
DO
1350
DELISTED
Diamond Offshore Drilling
DO
| $4.51M | 0.01% |
416,745
-19,700
| -5% | -$262K |
|
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.