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 | |
|---|---|---|---|---|---|---|
|
JOBS
1576
DELISTED
51job Inc
JOBS
| $3.2M | 0.01% |
71,600
+12,400
| +21% | +$527K |
|
|
ADAM
1577
Adamas Trust
ADAM
$883M
| $3.19M | 0.01% |
128,425
-12,425
| -9% | -$313K |
|
1578
IMAX
IMAX
$2.66B
| $3.19M | 0.01% |
145,000
-1,000
| -0.7% | -$28K |
|
1579
Winnebago Industries
WGO
$909M
| $3.19M | 0.01% |
91,000
-1,600
| -2% | -$44.8K |
|
1580
Independence Realty Trust
IRT
$4.07B
| $3.18M | 0.01% |
322,537
+8,900
| +3% | +$84.5K |
|
|
JOYY
1581
JOYY Inc
JOYY
$3.75B
| $3.18M | 0.01% |
54,800
-54,800
| -50% | -$2.91M |
|
1582
TTM Technologies
TTMI
$14.5B
| $3.18M | 0.01% |
183,100
+5,200
| +3% | +$87.3K |
|
1583
Interface
TILE
$2.22B
| $3.16M | 0.01% |
160,900
+8,500
| +6% | +$167K |
|
|
AIFU
1584
AIFU Inc
AIFU
$221M
| $3.16M | 0.01% |
923
+20
| +2% | +$69.5K |
|
|
CRZO
1585
DELISTED
Carrizo Oil & Gas Inc
CRZO
| $3.15M | 0.01% |
181,100
+3,900
| +2% | +$90.6K |
|
|
PIR
1586
DELISTED
Pier 1 Imports, Inc.
PIR
| $3.15M | 0.01% |
30,340
-2,560
| -8% | -$309K |
|
|
SFLY
1587
DELISTED
Shutterfly, Inc.
SFLY
| $3.14M | 0.01% |
66,100
+7,600
| +13% | +$378K |
|
1588
Kelly Services Class A
KELYA
$528M
| $3.12M | 0.01% |
139,000
-14,800
| -10% | -$330K |
|
|
ALOG
1589
DELISTED
Analogic Corp
ALOG
| $3.12M | 0.01% |
42,900
+1,400
| +3% | +$100K |
|
1590
Forward Air
FWRD
$654M
| $3.11M | 0.01% |
58,400
+3,200
| +6% | +$164K |
|
1591
Criteo S.A. Ordinary Shares
CRTO
$923M
| $3.11M | 0.01% |
63,400
+1,400
| +2% | +$71.1K |
|
1592
Century Aluminum
CENX
$5.07B
| $3.1M | 0.01% |
199,300
-51,800
| -21% | -$723K |
|
1593
MidCap Financial Investment
MFIC
$804M
| $3.1M | 0.01% |
161,767
+14,967
| +10% | +$291K |
|
1594
Compañía de Minas Buenaventura
BVN
$8.67B
| $3.09M | ﹤0.01% |
268,306
+1,756
| +0.7% | +$21.2K |
|
1595
Pacira BioSciences
PCRX
$997M
| $3.09M | ﹤0.01% |
64,700
+1,400
| +2% | +$65K |
|
1596
W&T Offshore
WTI
$518M
| $3.09M | ﹤0.01% |
1,574,567
-258,400
| -14% | -$563K |
|
|
FINL
1597
DELISTED
Finish Line
FINL
| $3.08M | ﹤0.01% |
217,659
+7,600
| +4% | +$110K |
|
|
NP
1598
DELISTED
Neenah, Inc. Common Stock
NP
| $3.07M | ﹤0.01% |
38,300
+700
| +2% | +$54.3K |
|
|
MTOR
1599
DELISTED
MERITOR, Inc.
MTOR
| $3.07M | ﹤0.01% |
185,000
-20,400
| -10% | -$336K |
|
|
SASR
1600
DELISTED
Sandy Spring Bancorp Inc
SASR
| $3.07M | ﹤0.01% |
75,500
-7,800
| -9% | -$318K |
|
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.