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 |
YHOO
Yahoo Inc
YHOO
|
+$88.6M |
| 2 |
Zoetis
ZTS
|
+$66M |
| 3 |
Yum! Brands
YUM
|
+$54.5M |
| 4 |
ATH
Athene Holding Ltd. Class A Common Shares
ATH
|
+$45.5M |
| 5 |
Zimmer Biomet
ZBH
|
+$42.2M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apollo Global Management
APO
|
+$111M |
| 2 |
SE
Spectra Energy Corp Wi
SE
|
+$57.7M |
| 3 |
Apple
AAPL
|
+$56.7M |
| 4 |
STJ
St Jude Medical
STJ
|
+$53.3M |
| 5 |
Microsoft
MSFT
|
+$50.3M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 17.67% |
| 2 | Technology | 15.02% |
| 3 | Healthcare | 12.8% |
| 4 | Industrials | 10.81% |
| 5 | Consumer Discretionary | 9.53% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1851
Tucows
TCX
$144M
| $2.11M | ﹤0.01% |
41,400
+4,800
| +13% | +$220K |
|
|
MNR
1852
DELISTED
Monmouth Real Estate Investment Corp
MNR
| $2.11M | ﹤0.01% |
148,100
+500
| +0.3% | +$7.27K |
|
|
ISCA
1853
DELISTED
International Speedway Corp
ISCA
| $2.11M | ﹤0.01% |
57,100
+800
| +1% | +$29.5K |
|
|
PFC
1854
DELISTED
Premier Financial Corp. Common Stock
PFC
| $2.11M | ﹤0.01% |
85,200
-1,200
| -1% | -$29.5K |
|
|
CVGW
1855
DELISTED
Calavo Growers
CVGW
| $2.1M | ﹤0.01% |
34,700
-900
| -3% | -$51.9K |
|
|
AIMC
1856
DELISTED
Altra Industrial Motion Corp
AIMC
| $2.1M | ﹤0.01% |
54,000
-1,400
| -3% | -$53.8K |
|
1857
Barnes & Noble Education
BNED
$434M
| $2.09M | ﹤0.01% |
2,183
+99
| +5% | +$101K |
|
1858
Gray Television
GTN
$494M
| $2.09M | ﹤0.01% |
144,400
-6,300
| -4% | -$79.8K |
|
|
UBNK
1859
DELISTED
United Financial Bancorp, Inc.
UBNK
| $2.08M | ﹤0.01% |
122,200
-5,300
| -4% | -$93.2K |
|
|
ABCO
1860
DELISTED
Advisory Board Co
ABCO
| $2.08M | ﹤0.01% |
44,400
-2,000
| -4% | -$88.3K |
|
1861
RadNet
RDNT
$6.04B
| $2.07M | ﹤0.01% |
350,700
-16,100
| -4% | -$95.7K |
|
|
ITG
1862
DELISTED
Investment Technology Group Inc
ITG
| $2.07M | ﹤0.01% |
102,100
-4,400
| -4% | -$89K |
|
1863
CEVA Inc
CEVA
$872M
| $2.06M | ﹤0.01% |
58,100
+700
| +1% | +$24.2K |
|
|
EGOV
1864
DELISTED
NIC Inc
EGOV
| $2.06M | ﹤0.01% |
102,100
-11,200
| -10% | -$251K |
|
|
CSFL
1865
DELISTED
CenterState Bank Corporation Common Stock
CSFL
| $2.06M | ﹤0.01% |
79,600
+6,000
| +8% | +$151K |
|
|
RSO
1866
DELISTED
Resource Capital Corp.
RSO
| $2.06M | ﹤0.01% |
210,650
+31,200
| +17% | +$271K |
|
|
CHMI
1867
Cherry Hill Mortgage Investment Corp
CHMI
$105M
| $2.05M | ﹤0.01% |
120,000
| – | – |
|
1868
Boise Cascade
BCC
$2.98B
| $2.04M | ﹤0.01% |
76,500
-9,000
| -11% | -$234K |
|
|
ONCE
1869
DELISTED
Spark Therapeutics, Inc. Common Stock
ONCE
| $2.04M | ﹤0.01% |
38,300
-1,700
| -4% | -$101K |
|
1870
NN Inc
NNBR
$308M
| $2.04M | ﹤0.01% |
81,000
-3,500
| -4% | -$73.1K |
|
|
NFBK
1871
DELISTED
Northfield Bancorp
NFBK
| $2.04M | ﹤0.01% |
113,200
-1,400
| -1% | -$25.8K |
|
1872
MGP Ingredients
MGPI
$387M
| $2.04M | ﹤0.01% |
37,600
+1,500
| +4% | +$70.7K |
|
1873
StealthGas
GASS
$322M
| $2.03M | ﹤0.01% |
508,900
-19,500
| -4% | -$77.4K |
|
1874
TFS Financial
TFSL
$4.87B
| $2.03M | ﹤0.01% |
122,100
-4,900
| -4% | -$85.8K |
|
1875
ESCO Technologies
ESE
$7.77B
| $2.03M | ﹤0.01% |
34,900
-1,100
| -3% | -$61.8K |
|
Similar funds
California Public Employees Retirement System's Q1 2017 Portfolio in Review
As of Q1 2017, California Public Employees Retirement System held 3,495 positions worth $61.3B, up 2.8% from $59.6B the previous quarter. Its ten largest holdings account for 14% of the portfolio.
Trading was light in Q1 2017: portfolio turnover was 4.3%. California Public Employees Retirement System opened 60 new positions and exited 90, leaving the 3,495-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 Q1 2017 buy was Athene Holding Ltd. Class A Common Shares: 917,964 shares worth $45.7M.
- California Public Employees Retirement System added most to Yahoo Inc in Q1 2017, an estimated $88.6M increase.
- California Public Employees Retirement System's biggest Q1 2017 reduction was Apollo Global Management, cutting an estimated $111M.
- California Public Employees Retirement System fully exited Spectra Energy Corp Wi in Q1 2017, selling an estimated $57.7M.
- California Public Employees Retirement System's ten largest holdings make up 14% of its $61.3B portfolio in Q1 2017.
- California Public Employees Retirement System opened 60 new positions and closed 90 in Q1 2017.
- California Public Employees Retirement System's portfolio value rose 2.8% quarter-over-quarter to $61.3B.
Based on California Public Employees Retirement System's 13F filing for Q1 2017, filed 11 May 2017.