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 | |
|---|---|---|---|---|---|---|
|
PGEM
1476
DELISTED
Ply Gem Holdings, Inc.
PGEM
| $3.68M | 0.01% |
204,800
+6,200
| +3% | +$111K |
|
|
FIT
1477
DELISTED
Fitbit, Inc. Class A common stock
FIT
| $3.67M | 0.01% |
692,000
+215,000
| +45% | +$1.19M |
|
|
RWT
1478
Redwood Trust
RWT
$594M
| $3.67M | 0.01% |
215,300
-9,400
| -4% | -$159K |
|
|
WNS
1479
DELISTED
WNS Holdings
WNS
| $3.66M | 0.01% |
106,600
+3,000
| +3% | +$95.5K |
|
|
DOC
1480
DELISTED
PHYSICIANS REALTY TRUST
DOC
| $3.65M | 0.01% |
181,400
+6,400
| +4% | +$130K |
|
1481
Anika Therapeutics
ANIK
$287M
| $3.65M | 0.01% |
74,000
+1,600
| +2% | +$73.7K |
|
1482
Oxford Industries
OXM
$552M
| $3.64M | 0.01% |
58,300
+1,900
| +3% | +$110K |
|
1483
Haemonetics
HAE
$4B
| $3.64M | 0.01% |
92,100
-5,400
| -6% | -$222K |
|
|
SAFE
1484
Safehold
SAFE
$1.15B
| $3.64M | 0.01% |
62,040
-3,184
| -5% | -$188K |
|
1485
Hecla Mining
HL
$11.3B
| $3.63M | 0.01% |
712,328
+17,900
| +3% | +$99.2K |
|
|
TRUE
1486
DELISTED
TrueCar
TRUE
| $3.63M | 0.01% |
182,000
+15,400
| +9% | +$265K |
|
|
BBG
1487
DELISTED
Bill Barrett Corp
BBG
| $3.62M | 0.01% |
1,178,800
-21,800
| -2% | -$81.1K |
|
|
VWR
1488
DELISTED
VWR Corporation
VWR
| $3.62M | 0.01% |
109,600
+3,700
| +3% | +$116K |
|
1489
LendingTree
TREE
$451M
| $3.62M | 0.01% |
21,000
+2,000
| +11% | +$301K |
|
|
STAY
1490
DELISTED
Extended Stay America, Inc. Paired Share Unit
STAY
| $3.61M | 0.01% |
186,600
+167,200
| +862% | +$3M |
|
1491
Gran Tierra Energy
GTE
$317M
| $3.6M | 0.01% |
160,580
+21,400
| +15% | +$520K |
|
1492
Titan International
TWI
$475M
| $3.59M | 0.01% |
298,800
-32,900
| -10% | -$355K |
|
|
PNK
1493
DELISTED
Pinnacle Entertainment Inc.
PNK
| $3.58M | 0.01% |
181,156
+57,500
| +46% | +$1.15M |
|
1494
MaxLinear
MXL
$6.8B
| $3.57M | 0.01% |
128,100
+3,600
| +3% | +$105K |
|
|
WLL
1495
DELISTED
Whiting Petroleum Corporation
WLL
| $3.57M | 0.01% |
2,159
-240
| -10% | -$548K |
|
|
RDC
1496
DELISTED
Rowan Companies Plc
RDC
| $3.57M | 0.01% |
348,300
-1,300
| -0.4% | -$17K |
|
1497
CONMED
CNMD
$1.47B
| $3.57M | 0.01% |
70,000
-1,300
| -2% | -$64.3K |
|
1498
Group 1 Automotive
GPI
$3.18B
| $3.56M | 0.01% |
56,300
+500
| +0.9% | +$32.1K |
|
|
MDC
1499
DELISTED
M.D.C. Holdings, Inc.
MDC
| $3.56M | 0.01% |
127,042
+2,268
| +2% | +$59.4K |
|
|
DCH
1500
Dauch Corp
DCH
$1.51B
| $3.56M | 0.01% |
228,200
-13,100
| -5% | -$213K |
|
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.