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 | |
|---|---|---|---|---|---|---|
1651
AMERISAFE
AMSF
$522M
| $2.98M | ﹤0.01% |
51,173
+773
| +2% | +$43.4K |
|
|
WIN
1652
DELISTED
Windstream Holdings Inc
WIN
| $2.98M | ﹤0.01% |
336,545
+101,994
| +43% | +$1.35M |
|
1653
Criteo S.A. Ordinary Shares
CRTO
$902M
| $2.98M | ﹤0.01% |
71,725
+8,325
| +13% | +$397K |
|
|
ESND
1654
DELISTED
Essendant Inc.
ESND
| $2.98M | ﹤0.01% |
225,906
+37,206
| +20% | +$470K |
|
1655
J&J Snack Foods
JJSF
$1.68B
| $2.97M | ﹤0.01% |
22,625
+1,525
| +7% | +$197K |
|
|
AMWD
1656
DELISTED
American Woodmark
AMWD
| $2.96M | ﹤0.01% |
30,804
+2,704
| +10% | +$250K |
|
|
ARRY
1657
DELISTED
Array Biopharma Inc
ARRY
| $2.96M | ﹤0.01% |
240,500
| – | – |
|
|
PRFT
1658
DELISTED
Perficient Inc
PRFT
| $2.94M | ﹤0.01% |
149,582
+3,182
| +2% | +$58K |
|
1659
Veeco
VECO
$3.02B
| $2.94M | ﹤0.01% |
137,448
-3,392
| -2% | -$81.2K |
|
|
BSFT
1660
DELISTED
BroadSoft, Inc.
BSFT
| $2.92M | ﹤0.01% |
58,094
+2,494
| +4% | +$114K |
|
|
ABAX
1661
DELISTED
Abaxis Inc
ABAX
| $2.92M | ﹤0.01% |
65,355
+255
| +0.4% | +$12.1K |
|
|
DF
1662
DELISTED
Dean Foods Company
DF
| $2.92M | ﹤0.01% |
267,889
+18,844
| +8% | +$243K |
|
1663
AAR Corp
AIR
$5.74B
| $2.91M | ﹤0.01% |
77,016
-9,784
| -11% | -$354K |
|
|
SONC
1664
DELISTED
Sonic Corp
SONC
| $2.91M | ﹤0.01% |
114,222
+2,322
| +2% | +$56.5K |
|
|
FINL
1665
DELISTED
Finish Line
FINL
| $2.9M | ﹤0.01% |
241,306
+23,647
| +11% | +$282K |
|
|
MIK
1666
DELISTED
Michaels Stores, Inc
MIK
| $2.9M | ﹤0.01% |
135,090
+35,890
| +36% | +$731K |
|
1667
Sonic Automotive
SAH
$2.53B
| $2.9M | ﹤0.01% |
142,102
+4,249
| +3% | +$77.5K |
|
|
MSGN
1668
DELISTED
MSG Networks Inc.
MSGN
| $2.9M | ﹤0.01% |
136,638
+838
| +0.6% | +$17.8K |
|
1669
Westlake Chemical Partners
WLKP
$764M
| $2.89M | ﹤0.01% |
127,500
+98,000
| +332% | +$2.36M |
|
|
CEQP
1670
DELISTED
Crestwood Equity Partners LP
CEQP
| $2.88M | ﹤0.01% |
118,177
+3,425
| +3% | +$84.2K |
|
1671
Varex Imaging
VREX
$778M
| $2.88M | ﹤0.01% |
85,120
| – | – |
|
|
DYN
1672
DELISTED
Dynegy, Inc.
DYN
| $2.87M | ﹤0.01% |
293,557
+39,938
| +16% | +$357K |
|
|
LKSD
1673
DELISTED
LSC Communications, Inc.
LKSD
| $2.87M | ﹤0.01% |
174,044
+42,982
| +33% | +$772K |
|
|
JOBS
1674
DELISTED
51job Inc
JOBS
| $2.87M | ﹤0.01% |
47,378
-24,222
| -34% | -$1.32M |
|
1675
Synaptics
SYNA
$4.09B
| $2.87M | ﹤0.01% |
73,289
-11
| -0% | -$496 |
|
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.