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 | |
|---|---|---|---|---|---|---|
1451
Extreme Networks
EXTR
$3.09B
| $4.11M | 0.01% |
346,012
+14,712
| +4% | +$151K |
|
1452
Modine Manufacturing
MOD
$10.1B
| $4.11M | 0.01% |
213,313
-14,287
| -6% | -$240K |
|
1453
Medifast
MED
$135M
| $4.11M | 0.01% |
69,135
+2,435
| +4% | +$121K |
|
|
HEES
1454
DELISTED
H&E Equipment Services
HEES
| $4.1M | 0.01% |
140,425
+5,525
| +4% | +$128K |
|
|
BUFF
1455
DELISTED
Blue Buffalo Pet Products, Inc
BUFF
| $4.1M | 0.01% |
144,500
+2,800
| +2% | +$68.5K |
|
1456
Cogent Communications
CCOI
$528M
| $4.1M | 0.01% |
83,762
+3,862
| +5% | +$171K |
|
1457
Federal Agricultural Mortgage
AGM
$2.54B
| $4.09M | 0.01% |
56,287
+2,187
| +4% | +$148K |
|
|
BGG
1458
DELISTED
Briggs & Stratton Corp.
BGG
| $4.09M | 0.01% |
173,906
+3,606
| +2% | +$81.9K |
|
|
AF
1459
DELISTED
Astoria Financial Corporation
AF
| $4.07M | 0.01% |
189,389
+1,015
| +0.5% | +$20.2K |
|
1460
Compass Minerals
CMP
$1.13B
| $4.07M | 0.01% |
62,686
+2,986
| +5% | +$200K |
|
|
NAVG
1461
DELISTED
Navigators Group Inc
NAVG
| $4.06M | 0.01% |
69,579
+863
| +1% | +$48.2K |
|
|
SFR
1462
DELISTED
Starwood Waypoint Homes
SFR
| $4.05M | 0.01% |
111,434
+13,474
| +14% | +$481K |
|
1463
Heartland Express
HTLD
$911M
| $4.05M | 0.01% |
161,433
+1,833
| +1% | +$39.9K |
|
1464
Wabash National
WNC
$510M
| $4.04M | 0.01% |
177,039
+639
| +0.4% | +$13.4K |
|
|
TWOU
1465
DELISTED
2U Inc
TWOU
| $4.04M | 0.01% |
2,403
+43
| +2% | +$64.7K |
|
|
TVPT
1466
DELISTED
Travelport Worldwide Limited
TVPT
| $4.02M | 0.01% |
255,913
+6,713
| +3% | +$98.2K |
|
1467
International Bancshares
IBOC
$4.53B
| $4.01M | 0.01% |
100,130
+5,550
| +6% | +$201K |
|
1468
Crocs
CROX
$6.63B
| $4M | 0.01% |
411,902
-17,798
| -4% | -$152K |
|
|
CONN
1469
DELISTED
Conn's Inc.
CONN
| $3.99M | 0.01% |
141,811
-25,989
| -15% | -$545K |
|
1470
Community Bank
CBU
$3.37B
| $3.98M | 0.01% |
72,001
-3,333
| -4% | -$178K |
|
1471
AdvanSix
ASIX
$438M
| $3.97M | 0.01% |
99,815
+9,699
| +11% | +$329K |
|
|
FSP
1472
Franklin Street Properties
FSP
$45.3M
| $3.97M | 0.01% |
373,560
+18,367
| +5% | +$189K |
|
|
DCP
1473
DELISTED
DCP Midstream, LP
DCP
| $3.96M | 0.01% |
114,300
-9,900
| -8% | -$326K |
|
1474
CONMED
CNMD
$1.48B
| $3.96M | 0.01% |
75,416
+5,416
| +8% | +$272K |
|
1475
Green Dot
GDOT
$752M
| $3.95M | 0.01% |
79,702
+12,002
| +18% | +$532K |
|
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.