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 | |
|---|---|---|---|---|---|---|
1476
Insulet
PODD
$9.91B
| $3.95M | 0.01% |
71,744
+6,044
| +9% | +$330K |
|
|
PEGI
1477
DELISTED
Pattern Energy Group Inc. Class A
PEGI
| $3.93M | 0.01% |
163,178
+6,878
| +4% | +$171K |
|
1478
Prothena Corp
PRTA
$468M
| $3.93M | 0.01% |
60,700
+1,100
| +2% | +$67.4K |
|
|
CBB
1479
DELISTED
Cincinnati Bell Inc.
CBB
| $3.93M | 0.01% |
198,047
+7,267
| +4% | +$143K |
|
1480
Unisys
UIS
$211M
| $3.92M | 0.01% |
460,597
+15,797
| +4% | +$153K |
|
|
TGE
1481
DELISTED
Tallgrass Energy, LP Class A Shares
TGE
| $3.91M | 0.01% |
138,400
+1,700
| +1% | +$44K |
|
1482
Ironwood Pharmaceuticals
IRWD
$669M
| $3.89M | 0.01% |
294,461
+19,602
| +7% | +$270K |
|
1483
Fossil Group
FOSL
$317M
| $3.87M | 0.01% |
415,119
+124,619
| +43% | +$1.17M |
|
1484
Helix Energy Solutions
HLX
$1.47B
| $3.86M | 0.01% |
522,873
-2,850
| -0.5% | -$18K |
|
1485
RadNet
RDNT
$6.08B
| $3.86M | 0.01% |
333,812
+1,112
| +0.3% | +$10.2K |
|
|
VWR
1486
DELISTED
VWR Corporation
VWR
| $3.85M | 0.01% |
116,392
+6,792
| +6% | +$224K |
|
1487
Korn Ferry
KFY
$4.25B
| $3.85M | 0.01% |
97,613
-3,887
| -4% | -$134K |
|
1488
Caesars Entertainment
CZR
$6.13B
| $3.84M | 0.01% |
149,721
+8,874
| +6% | +$197K |
|
1489
News Corp Class B
NWS
$17.6B
| $3.83M | 0.01% |
280,500
+6,100
| +2% | +$84.9K |
|
|
CZZ
1490
DELISTED
Cosan Limited
CZZ
| $3.83M | 0.01% |
470,782
-7,318
| -2% | -$54.9K |
|
1491
Advanced Drainage Systems
WMS
$10.7B
| $3.83M | 0.01% |
188,900
| – | – |
|
|
TARO
1492
DELISTED
Taro Pharmaceutical Industries Ltd.
TARO
| $3.81M | 0.01% |
33,851
+1,051
| +3% | +$114K |
|
|
HMSY
1493
DELISTED
HMS Holdings Corp.
HMSY
| $3.8M | 0.01% |
191,555
+15,555
| +9% | +$289K |
|
1494
ABM Industries
ABM
$2.81B
| $3.8M | 0.01% |
91,017
+6,817
| +8% | +$290K |
|
1495
Shenandoah Telecom
SHEN
$737M
| $3.8M | 0.01% |
102,037
+8,237
| +9% | +$279K |
|
|
DENN
1496
DELISTED
Denny's
DENN
| $3.79M | 0.01% |
304,824
-15,976
| -5% | -$189K |
|
1497
Allegiant Air
ALGT
$2.41B
| $3.79M | 0.01% |
28,801
+701
| +2% | +$90.3K |
|
1498
Acadia Realty Trust
AKR
$2.78B
| $3.79M | 0.01% |
132,315
+6,987
| +6% | +$202K |
|
|
ARR
1499
Armour Residential REIT
ARR
$2.34B
| $3.77M | 0.01% |
28,050
+655
| +2% | +$84.9K |
|
|
AJRD
1500
DELISTED
Aerojet Rocketdyne Holdings
AJRD
| $3.77M | 0.01% |
107,731
+13,431
| +14% | +$362K |
|
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.