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 | |
|---|---|---|---|---|---|---|
|
AMED
1426
DELISTED
Amedisys
AMED
| $3.91M | 0.01% |
62,300
+700
| +1% | +$40.8K |
|
1427
FTI Consulting
FCN
$4.18B
| $3.91M | 0.01% |
111,892
+2,300
| +2% | +$83.9K |
|
|
MTGE
1428
DELISTED
MTGE Investment Corp. Common Stock
MTGE
| $3.9M | 0.01% |
207,700
-20,600
| -9% | -$373K |
|
1429
Compass Minerals
CMP
$1.15B
| $3.9M | 0.01% |
59,700
+1,200
| +2% | +$79.9K |
|
1430
Dynagas LNG Partners
DLNG
$137M
| $3.9M | 0.01% |
254,900
+5,500
| +2% | +$86.7K |
|
1431
Ormat Technologies
ORA
$6.65B
| $3.9M | 0.01% |
66,400
-100
| -0.2% | -$5.87K |
|
|
BBT
1432
Beacon Financial Corp
BBT
$2.66B
| $3.89M | 0.01% |
110,700
-2,800
| -2% | -$101K |
|
1433
News Corp Class B
NWS
$17.5B
| $3.88M | 0.01% |
274,400
+4,800
| +2% | +$64.6K |
|
|
AAWW
1434
DELISTED
Atlas Air Worldwide Holdings, Inc.
AAWW
| $3.88M | 0.01% |
74,400
+300
| +0.4% | +$15.8K |
|
1435
Wabash National
WNC
$527M
| $3.88M | 0.01% |
176,400
-1,400
| -0.8% | -$29.6K |
|
|
WAGE
1436
DELISTED
WageWorks, Inc.
WAGE
| $3.88M | 0.01% |
57,700
-2,300
| -4% | -$163K |
|
1437
Axcelis
ACLS
$4.33B
| $3.88M | 0.01% |
184,975
+18,200
| +11% | +$385K |
|
1438
LCI Industries
LCII
$2.65B
| $3.87M | 0.01% |
37,800
-4,700
| -11% | -$451K |
|
1439
MillerKnoll
MLKN
$1.67B
| $3.87M | 0.01% |
127,300
+10,000
| +9% | +$319K |
|
|
SJI
1440
DELISTED
South Jersey Industries, Inc.
SJI
| $3.84M | 0.01% |
112,500
+1,600
| +1% | +$58.1K |
|
|
BLD
1441
DELISTED
TopBuild
BLD
| $3.84M | 0.01% |
72,400
+900
| +1% | +$46.1K |
|
|
SHLD
1442
DELISTED
Sears Holding Corporation
SHLD
| $3.82M | 0.01% |
430,948
-84,100
| -16% | -$786K |
|
|
PINC
1443
DELISTED
Premier
PINC
| $3.81M | 0.01% |
105,900
+2,900
| +3% | +$99.2K |
|
1444
Allegiant Air
ALGT
$2.57B
| $3.81M | 0.01% |
28,100
+700
| +3% | +$103K |
|
1445
Advanced Drainage Systems
WMS
$10.9B
| $3.8M | 0.01% |
188,900
+4,100
| +2% | +$88.1K |
|
|
AF
1446
DELISTED
Astoria Financial Corporation
AF
| $3.8M | 0.01% |
188,374
-13,400
| -7% | -$266K |
|
1447
Arcos Dorados Holdings
ARCO
$1.74B
| $3.79M | 0.01% |
523,368
-96,410
| -16% | -$780K |
|
1448
Synaptics
SYNA
$4.15B
| $3.79M | 0.01% |
73,300
+1,200
| +2% | +$65.5K |
|
1449
Knowles
KN
$3.34B
| $3.78M | 0.01% |
223,206
+4,700
| +2% | +$84.5K |
|
|
DENN
1450
DELISTED
Denny's
DENN
| $3.78M | 0.01% |
320,800
+6,300
| +2% | +$75.4K |
|
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.