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 | |
|---|---|---|---|---|---|---|
|
NTUS
1551
DELISTED
Natus Medical Inc
NTUS
| $3.29M | 0.01% |
88,300
+4,100
| +5% | +$148K |
|
|
FFIC
1552
DELISTED
Flushing Financial
FFIC
| $3.29M | 0.01% |
116,745
-11,400
| -9% | -$320K |
|
|
TBI
1553
Trueblue
TBI
$311M
| $3.29M | 0.01% |
124,100
+15,200
| +14% | +$406K |
|
1554
Simpson Manufacturing
SSD
$8.16B
| $3.29M | 0.01% |
75,200
+4,700
| +7% | +$197K |
|
|
PPBI
1555
DELISTED
Pacific Premier Bancorp
PPBI
| $3.28M | 0.01% |
88,987
+42,927
| +93% | +$1.55M |
|
1556
Rogers Corp
ROG
$2.4B
| $3.28M | 0.01% |
30,200
-3,000
| -9% | -$304K |
|
1557
Four Corners Property Trust
FCPT
$2.75B
| $3.26M | 0.01% |
129,771
+2,600
| +2% | +$62.5K |
|
|
HMSY
1558
DELISTED
HMS Holdings Corp.
HMSY
| $3.26M | 0.01% |
176,000
-18,900
| -10% | -$364K |
|
|
GOV
1559
DELISTED
Government Properties Income Trust
GOV
| $3.25M | 0.01% |
177,679
| – | – |
|
1560
Badger Meter
BMI
$4.03B
| $3.24M | 0.01% |
81,400
+2,900
| +4% | +$112K |
|
1561
Empire State Realty Trust
ESRT
$836M
| $3.24M | 0.01% |
156,000
+3,600
| +2% | +$75.8K |
|
|
SCS
1562
DELISTED
Steelcase
SCS
| $3.24M | 0.01% |
231,400
-16,400
| -7% | -$270K |
|
|
RDUS
1563
DELISTED
Radius Health, Inc.
RDUS
| $3.24M | 0.01% |
71,600
+1,600
| +2% | +$61.1K |
|
|
AHT
1564
Ashford Hospitality Trust
AHT
$21M
| $3.24M | 0.01% |
539
-36
| -6% | -$225K |
|
1565
Silicon Motion
SIMO
$8.68B
| $3.24M | 0.01% |
67,100
-2,700
| -4% | -$134K |
|
|
BUFF
1566
DELISTED
Blue Buffalo Pet Products, Inc
BUFF
| $3.23M | 0.01% |
141,700
+3,100
| +2% | +$73.3K |
|
|
INXN
1567
DELISTED
Interxion Holding N.V.
INXN
| $3.23M | 0.01% |
70,500
+900
| +1% | +$38.9K |
|
1568
Methode Electronics
MEI
$592M
| $3.23M | 0.01% |
78,300
+800
| +1% | +$33.4K |
|
1569
Prothena Corp
PRTA
$450M
| $3.23M | 0.01% |
59,600
+1,300
| +2% | +$69.3K |
|
|
AEGN
1570
DELISTED
Aegion Corp
AEGN
| $3.21M | 0.01% |
146,600
-700
| -0.5% | -$14.8K |
|
1571
Capitol Federal Financial
CFFN
$1.1B
| $3.21M | 0.01% |
225,600
+3,000
| +1% | +$42.9K |
|
|
ATW
1572
DELISTED
Atwood Oceanics
ATW
| $3.21M | 0.01% |
393,400
-6,700
| -2% | -$57.7K |
|
|
CONN
1573
DELISTED
Conn's Inc.
CONN
| $3.21M | 0.01% |
167,800
-20,500
| -11% | -$332K |
|
1574
Cogent Communications
CCOI
$508M
| $3.2M | 0.01% |
79,900
-2,900
| -4% | -$120K |
|
|
EVRI
1575
DELISTED
Everi Holdings
EVRI
| $3.2M | 0.01% |
440,000
-107,800
| -20% | -$698K |
|
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.