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 | |
|---|---|---|---|---|---|---|
|
LTC
1501
LTC Properties
LTC
$2.12B
| $3.77M | 0.01% |
80,264
+7,765
| +11% | +$382K |
|
|
WLL
1502
DELISTED
Whiting Petroleum Corporation
WLL
| $3.74M | 0.01% |
2,286
+127
| +6% | +$187K |
|
|
PPBI
1503
DELISTED
Pacific Premier Bancorp
PPBI
| $3.74M | 0.01% |
99,097
+10,110
| +11% | +$364K |
|
|
SCS
1504
DELISTED
Steelcase
SCS
| $3.74M | 0.01% |
242,792
+11,392
| +5% | +$156K |
|
|
IRBT
1505
DELISTED
iRobot
IRBT
| $3.73M | 0.01% |
48,447
+4,747
| +11% | +$435K |
|
|
BPFH
1506
DELISTED
Boston Private Financial Holdings, Inc.
BPFH
| $3.72M | 0.01% |
224,926
-874
| -0.4% | -$13.2K |
|
|
STL
1507
DELISTED
Sterling Bancorp
STL
| $3.72M | 0.01% |
150,901
-19,199
| -11% | -$438K |
|
1508
Adeia
ADEA
$3.07B
| $3.72M | 0.01% |
555,320
+15,158
| +3% | +$112K |
|
1509
PRA Group
PRAA
$723M
| $3.71M | 0.01% |
129,573
+1,273
| +1% | +$42.5K |
|
|
OAK
1510
DELISTED
OAKTREE CAPITAL GROUP, LLC
OAK
| $3.71M | 0.01% |
78,888
+5,188
| +7% | +$242K |
|
|
TCS
1511
DELISTED
THE CONTAINER STORE GROUP, INC.
TCS
| $3.7M | 0.01% |
58,615
+3,737
| +7% | +$265K |
|
1512
Kosmos Energy
KOS
$1.49B
| $3.7M | 0.01% |
464,950
+16,750
| +4% | +$116K |
|
1513
Liberty Media Series C
FWONK
$25.8B
| $3.69M | 0.01% |
100,055
+5,366
| +6% | +$188K |
|
|
WAGE
1514
DELISTED
WageWorks, Inc.
WAGE
| $3.68M | 0.01% |
60,690
+2,990
| +5% | +$182K |
|
|
PDLI
1515
DELISTED
PDL BioPharma, Inc.
PDLI
| $3.68M | 0.01% |
1,085,093
+117,993
| +12% | +$328K |
|
|
GOV
1516
DELISTED
Government Properties Income Trust
GOV
| $3.68M | 0.01% |
195,849
+18,170
| +10% | +$331K |
|
1517
LiveRamp
RAMP
$2.3B
| $3.67M | 0.01% |
148,900
-4,000
| -3% | -$98.2K |
|
|
P
1518
DELISTED
Pandora Media Inc
P
| $3.66M | 0.01% |
475,200
+6,700
| +1% | +$57.5K |
|
|
ANH
1519
DELISTED
Anworth Mortgage Asset Corporation
ANH
| $3.65M | 0.01% |
608,129
-18,471
| -3% | -$112K |
|
|
UCTT
1520
Ultra Clean Holdings
UCTT
$3.72B
| $3.65M | 0.01% |
119,331
+13,531
| +13% | +$320K |
|
|
ALOG
1521
DELISTED
Analogic Corp
ALOG
| $3.64M | 0.01% |
43,472
+572
| +1% | +$41.7K |
|
|
UCB
1522
United Community Banks
UCB
$4.27B
| $3.64M | 0.01% |
127,458
+19,658
| +18% | +$531K |
|
1523
Pricesmart
PSMT
$5.21B
| $3.64M | 0.01% |
40,741
-2,259
| -5% | -$189K |
|
1524
Banner Corp
BANR
$2.43B
| $3.63M | 0.01% |
59,211
+5,311
| +10% | +$301K |
|
|
AMED
1525
DELISTED
Amedisys
AMED
| $3.63M | 0.01% |
64,785
+2,485
| +4% | +$131K |
|
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.