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 | |
|---|---|---|---|---|---|---|
1576
Employers Holdings
EIG
$881M
| $3.41M | 0.01% |
75,097
+5,897
| +9% | +$251K |
|
|
DOC
1577
DELISTED
PHYSICIANS REALTY TRUST
DOC
| $3.41M | 0.01% |
192,308
+10,908
| +6% | +$201K |
|
1578
Northwest Natural Holdings
NWN
$2.09B
| $3.41M | 0.01% |
52,920
+3,120
| +6% | +$200K |
|
1579
Forward Air
FWRD
$634M
| $3.41M | 0.01% |
59,518
+1,118
| +2% | +$59K |
|
1580
Four Corners Property Trust
FCPT
$2.69B
| $3.38M | 0.01% |
135,795
+6,024
| +5% | +$151K |
|
|
EXTN
1581
DELISTED
Exterran Corporation
EXTN
| $3.38M | 0.01% |
106,980
+12,780
| +14% | +$353K |
|
|
ADAM
1582
Adamas Trust
ADAM
$880M
| $3.38M | 0.01% |
137,314
+8,889
| +7% | +$222K |
|
1583
Credicorp
BAP
$30.4B
| $3.38M | 0.01% |
16,471
| – | – |
|
1584
Interface
TILE
$2.18B
| $3.37M | 0.01% |
154,000
-6,900
| -4% | -$134K |
|
|
TOWR
1585
DELISTED
Tower International, Inc.
TOWR
| $3.36M | 0.01% |
123,628
+6,728
| +6% | +$157K |
|
1586
AngioDynamics
ANGO
$651M
| $3.35M | 0.01% |
196,202
+12,302
| +7% | +$207K |
|
|
HF
1587
DELISTED
HFF Inc.
HF
| $3.35M | 0.01% |
84,741
-3,159
| -4% | -$116K |
|
1588
NBT Bancorp
NBTB
$2.73B
| $3.35M | 0.01% |
91,180
+989
| +1% | +$34.5K |
|
|
BEAT
1589
DELISTED
BioTelemetry, Inc.
BEAT
| $3.34M | 0.01% |
101,347
+2,547
| +3% | +$88.2K |
|
1590
Chesapeake Utilities
CPK
$3.19B
| $3.34M | 0.01% |
42,661
+4,411
| +12% | +$345K |
|
1591
Rexford Industrial Realty
REXR
$8.13B
| $3.34M | 0.01% |
116,617
+16,717
| +17% | +$479K |
|
|
CKH
1592
DELISTED
Seacor Holdings Inc.
CKH
| $3.32M | ﹤0.01% |
74,508
-3,681
| -5% | -$135K |
|
1593
Silicon Motion
SIMO
$7.82B
| $3.32M | ﹤0.01% |
69,103
+2,003
| +3% | +$88.8K |
|
|
CPLA
1594
DELISTED
Capella Education Company
CPLA
| $3.3M | ﹤0.01% |
47,065
-835
| -2% | -$60.5K |
|
|
SHLD
1595
DELISTED
Sears Holding Corporation
SHLD
| $3.3M | ﹤0.01% |
451,827
+20,879
| +5% | +$172K |
|
|
NP
1596
DELISTED
Neenah, Inc. Common Stock
NP
| $3.29M | ﹤0.01% |
38,491
+191
| +0.5% | +$15.1K |
|
1597
Applied Optoelectronics
AAOI
$11.2B
| $3.29M | ﹤0.01% |
50,807
+4,207
| +9% | +$297K |
|
|
SOHU
1598
Sohu.com
SOHU
$376M
| $3.29M | ﹤0.01% |
60,342
-47,858
| -44% | -$2.5M |
|
|
NTUS
1599
DELISTED
Natus Medical Inc
NTUS
| $3.28M | ﹤0.01% |
87,429
-871
| -1% | -$30.7K |
|
|
JUNO
1600
DELISTED
Juno Therapeutics, Inc.
JUNO
| $3.28M | ﹤0.01% |
73,100
+1,900
| +3% | +$64.8K |
|
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.