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 | |
|---|---|---|---|---|---|---|
1676
SFL Corp
SFL
$1.58B
| $2.87M | ﹤0.01% |
197,883
+7,183
| +4% | +$97.9K |
|
1677
Patrick Industries
PATK
$2.75B
| $2.87M | ﹤0.01% |
76,732
+2,482
| +3% | +$81.9K |
|
|
BEL
1678
DELISTED
Belmond Ltd.
BEL
| $2.87M | ﹤0.01% |
209,946
+14,746
| +8% | +$189K |
|
|
ARII
1679
DELISTED
American Railcar Industries, Inc.
ARII
| $2.87M | ﹤0.01% |
74,243
+5,043
| +7% | +$184K |
|
|
NXTM
1680
DELISTED
NxStage Medical Inc.
NXTM
| $2.86M | ﹤0.01% |
103,761
+10,861
| +12% | +$290K |
|
|
ENLK
1681
DELISTED
EnLink Midstream Partners, LP
ENLK
| $2.86M | ﹤0.01% |
170,772
+13,372
| +8% | +$217K |
|
1682
Carlyle Group
CG
$17.2B
| $2.86M | ﹤0.01% |
121,142
+33,342
| +38% | +$711K |
|
|
PMC
1683
DELISTED
PharMerica Corporation
PMC
| $2.86M | ﹤0.01% |
97,587
+5,187
| +6% | +$145K |
|
1684
First Busey Corp
BUSE
$2.55B
| $2.85M | ﹤0.01% |
90,884
+12,189
| +15% | +$356K |
|
1685
Innoviva
INVA
$1.49B
| $2.85M | ﹤0.01% |
201,800
| – | – |
|
|
NWLI
1686
DELISTED
National Western Life Group, Inc. Class A
NWLI
| $2.85M | ﹤0.01% |
8,154
+1,154
| +16% | +$387K |
|
1687
8x8 Inc
EGHT
$324M
| $2.84M | ﹤0.01% |
210,252
+3,352
| +2% | +$45.6K |
|
1688
CareTrust REIT
CTRE
$9.55B
| $2.83M | ﹤0.01% |
148,786
+17,286
| +13% | +$324K |
|
1689
Civeo
CVEO
$330M
| $2.83M | ﹤0.01% |
82,726
-1,166
| -1% | -$29.9K |
|
|
MAGN
1690
Magnera Corp
MAGN
$466M
| $2.82M | ﹤0.01% |
11,166
+708
| +7% | +$169K |
|
|
SEMG
1691
DELISTED
SEMGROUP CORPORATION
SEMG
| $2.82M | ﹤0.01% |
98,200
+1,900
| +2% | +$49.4K |
|
1692
G-III Apparel Group
GIII
$1.48B
| $2.82M | ﹤0.01% |
97,244
+10,344
| +12% | +$273K |
|
|
RUTH
1693
DELISTED
Ruth's Hospitality Group, Inc.
RUTH
| $2.82M | ﹤0.01% |
134,700
| – | – |
|
1694
NGL Energy Partners
NGL
$2.14B
| $2.82M | ﹤0.01% |
243,800
| – | – |
|
1695
Mercury Systems
MRCY
$6.52B
| $2.81M | ﹤0.01% |
54,242
+7,342
| +16% | +$339K |
|
|
ATRI
1696
DELISTED
Atrion Corp
ATRI
| $2.81M | ﹤0.01% |
4,188
+88
| +2% | +$56.5K |
|
1697
Stepan Co
SCL
$1.47B
| $2.8M | ﹤0.01% |
33,521
+2,121
| +7% | +$174K |
|
|
VSTO
1698
DELISTED
Vista Outdoor Inc.
VSTO
| $2.8M | ﹤0.01% |
122,249
+9,849
| +9% | +$221K |
|
|
RDUS
1699
DELISTED
Radius Health, Inc.
RDUS
| $2.8M | ﹤0.01% |
72,700
+1,100
| +2% | +$43.2K |
|
1700
Southside Bancshares
SBSI
$953M
| $2.79M | ﹤0.01% |
76,694
+3,006
| +4% | +$102K |
|
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.