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 | |
|---|---|---|---|---|---|---|
|
HCR
1651
DELISTED
Hi-Crush Inc. Common Stock
HCR
| $2.87M | ﹤0.01% |
264,200
-16,500
| -6% | -$226K |
|
|
AGR
1652
DELISTED
Avangrid, Inc.
AGR
| $2.87M | ﹤0.01% |
64,900
-1,200
| -2% | -$53.3K |
|
|
GTY
1653
Getty Realty Corp
GTY
$2.07B
| $2.86M | ﹤0.01% |
113,855
-1,700
| -1% | -$43.6K |
|
1654
Enterprise Financial Services Corp
EFSC
$2.39B
| $2.84M | ﹤0.01% |
69,500
+1,100
| +2% | +$45.8K |
|
1655
Lesaka Technologies
LSAK
$420M
| $2.83M | ﹤0.01% |
287,300
-25,600
| -8% | -$261K |
|
1656
Caesars Entertainment
CZR
$6.14B
| $2.82M | ﹤0.01% |
140,847
+65,847
| +88% | +$1.32M |
|
1657
AdvanSix
ASIX
$444M
| $2.81M | ﹤0.01% |
90,116
+6,100
| +7% | +$174K |
|
1658
Universal Electronics
UEIC
$61.3M
| $2.81M | ﹤0.01% |
42,100
+1,800
| +4% | +$120K |
|
|
GTLS
1659
DELISTED
Chart Industries
GTLS
| $2.81M | ﹤0.01% |
81,000
+3,500
| +5% | +$122K |
|
|
VSA
1660
VisionSys AI
VSA
$10.6M
| $2.81M | ﹤0.01% |
63
+6
| +11% | +$278K |
|
1661
Globus Medical
GMED
$11.2B
| $2.81M | ﹤0.01% |
84,700
+7,700
| +10% | +$242K |
|
|
LKSD
1662
DELISTED
LSC Communications, Inc.
LKSD
| $2.81M | ﹤0.01% |
131,062
+19,800
| +18% | +$452K |
|
|
CHSP
1663
DELISTED
Chesapeake Lodging Trust
CHSP
| $2.8M | ﹤0.01% |
114,600
-300
| -0.3% | -$7.17K |
|
|
CRAY
1664
DELISTED
Cray, Inc.
CRAY
| $2.8M | ﹤0.01% |
152,300
+14,400
| +10% | +$265K |
|
|
CLVS
1665
DELISTED
Clovis Oncology, Inc.
CLVS
| $2.8M | ﹤0.01% |
29,900
+2,300
| +8% | +$141K |
|
|
ESND
1666
DELISTED
Essendant Inc.
ESND
| $2.8M | ﹤0.01% |
188,700
+10,900
| +6% | +$172K |
|
1667
J&J Snack Foods
JJSF
$1.71B
| $2.79M | ﹤0.01% |
21,100
+400
| +2% | +$53.3K |
|
1668
Medifast
MED
$141M
| $2.77M | ﹤0.01% |
66,700
-3,100
| -4% | -$135K |
|
|
CAI
1669
DELISTED
CAI International, Inc.
CAI
| $2.75M | ﹤0.01% |
116,700
-29,200
| -20% | -$581K |
|
|
HEES
1670
DELISTED
H&E Equipment Services
HEES
| $2.75M | ﹤0.01% |
134,900
-12,000
| -8% | -$252K |
|
|
LL
1671
DELISTED
LL Flooring Holdings, Inc.
LL
| $2.75M | ﹤0.01% |
109,800
-33,000
| -23% | -$829K |
|
1672
OSI Systems
OSIS
$3.89B
| $2.75M | ﹤0.01% |
36,600
+3,700
| +11% | +$280K |
|
1673
First Financial Bancorp
FFBC
$3.53B
| $2.75M | ﹤0.01% |
99,200
-8,500
| -8% | -$228K |
|
1674
Rexford Industrial Realty
REXR
$8.19B
| $2.74M | ﹤0.01% |
99,900
+4,600
| +5% | +$120K |
|
1675
Piper Sandler
PIPR
$5.29B
| $2.74M | ﹤0.01% |
182,800
-2,000
| -1% | -$30.2K |
|
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.