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 | |
|---|---|---|---|---|---|---|
1351
Liberty Latin America Class C
LILAK
$1.64B
| $4.51M | 0.01% |
246,099
+5,374
| +2% | +$98.6K |
|
1352
Columbia Banking Systems
COLB
$8.84B
| $4.5M | 0.01% |
112,900
-900
| -0.8% | -$35.1K |
|
1353
Green Plains
GPRE
$1.03B
| $4.49M | 0.01% |
218,700
-12,700
| -5% | -$289K |
|
1354
Horace Mann Educators
HMN
$2.11B
| $4.49M | 0.01% |
118,900
-3,300
| -3% | -$127K |
|
|
EFII
1355
DELISTED
Electronics for Imaging
EFII
| $4.49M | 0.01% |
94,800
+2,200
| +2% | +$105K |
|
1356
FS KKR Capital
FSK
$3.44B
| $4.48M | 0.01% |
122,375
+6,275
| +5% | +$236K |
|
1357
Ubiquiti
UI
$34.3B
| $4.46M | 0.01% |
85,900
-700
| -0.8% | -$34.6K |
|
1358
Plexus
PLXS
$7.23B
| $4.46M | 0.01% |
84,852
-500
| -0.6% | -$26.5K |
|
1359
Carpenter Technology
CRS
$28.4B
| $4.46M | 0.01% |
119,100
-1,400
| -1% | -$51.9K |
|
1360
Groupon
GRPN
$1.02B
| $4.44M | 0.01% |
57,840
-725
| -1% | -$50.3K |
|
|
ENDP
1361
DELISTED
Endo International plc
ENDP
| $4.43M | 0.01% |
396,800
+8,600
| +2% | +$101K |
|
1362
Urban Edge Properties
UE
$2.73B
| $4.42M | 0.01% |
186,156
+4,700
| +3% | +$118K |
|
1363
Nexstar Media Group
NXST
$5.97B
| $4.41M | 0.01% |
73,811
-1,600
| -2% | -$100K |
|
|
VRNT
1364
DELISTED
Verint Systems
VRNT
| $4.4M | 0.01% |
212,004
-11,385
| -5% | -$235K |
|
|
CBM
1365
DELISTED
Cambrex Corporation
CBM
| $4.39M | 0.01% |
73,500
+3,100
| +4% | +$174K |
|
1366
Chord Energy
CHRD
$7.39B
| $4.38M | 0.01% |
544,600
+11,800
| +2% | +$129K |
|
1367
Park National Corp
PRK
$3.67B
| $4.38M | 0.01% |
42,246
-800
| -2% | -$83.7K |
|
|
MORE
1368
DELISTED
Monogram Residential Trust, Inc.
MORE
| $4.37M | 0.01% |
450,300
-10,300
| -2% | -$102K |
|
1369
City Holding Co
CHCO
$2.04B
| $4.35M | 0.01% |
66,104
-2,500
| -4% | -$165K |
|
1370
Ironwood Pharmaceuticals
IRWD
$714M
| $4.35M | 0.01% |
274,859
+5,731
| +2% | +$83.3K |
|
1371
Mine Safety
MSA
$7.49B
| $4.34M | 0.01% |
53,500
+3,900
| +8% | +$302K |
|
1372
RH
RH
$3.71B
| $4.34M | 0.01% |
67,200
+5,200
| +8% | +$275K |
|
1373
Strategic Education
STRA
$1.92B
| $4.33M | 0.01% |
46,412
-10,300
| -18% | -$904K |
|
|
BWP
1374
DELISTED
Boardwalk Pipeline Partners
BWP
| $4.32M | 0.01% |
240,100
+10,000
| +4% | +$180K |
|
1375
Westamerica Bancorp
WABC
$1.37B
| $4.32M | 0.01% |
77,144
-2,300
| -3% | -$125K |
|
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.