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 | |
|---|---|---|---|---|---|---|
|
NFBK
1851
DELISTED
Northfield Bancorp
NFBK
| $2.06M | ﹤0.01% |
120,400
+7,200
| +6% | +$126K |
|
1852
Stratasys
SSYS
$774M
| $2.06M | ﹤0.01% |
88,600
+3,300
| +4% | +$84.9K |
|
|
AMRI
1853
DELISTED
Albany Molecular Research Inc
AMRI
| $2.06M | ﹤0.01% |
94,900
+3,800
| +4% | +$69K |
|
|
CNSL
1854
DELISTED
Consolidated Communications Holdings, Inc.
CNSL
| $2.06M | ﹤0.01% |
95,789
+1,400
| +1% | +$30.5K |
|
1855
Kopin
KOPN
$791M
| $2.06M | ﹤0.01% |
554,200
| – | – |
|
1856
Onto Innovation
ONTO
$15.3B
| $2.06M | ﹤0.01% |
81,300
+1,500
| +2% | +$42.3K |
|
1857
Gray Television
GTN
$552M
| $2.05M | ﹤0.01% |
149,800
+5,400
| +4% | +$72.9K |
|
|
EPZM
1858
DELISTED
Epizyme, Inc
EPZM
| $2.05M | ﹤0.01% |
135,500
+2,900
| +2% | +$43.8K |
|
1859
Insteel Industries
IIIN
$625M
| $2.04M | ﹤0.01% |
62,000
+2,300
| +4% | +$76.7K |
|
|
EIGI
1860
DELISTED
Endurance International Group Holdings, Inc.
EIGI
| $2.04M | ﹤0.01% |
244,200
+8,900
| +4% | +$69K |
|
|
DHIL
1861
DELISTED
Diamond Hill
DHIL
| $2.03M | ﹤0.01% |
10,200
+900
| +10% | +$179K |
|
|
GHDX
1862
DELISTED
Genomic Health, Inc.
GHDX
| $2.03M | ﹤0.01% |
62,500
+2,300
| +4% | +$72.9K |
|
|
PFC
1863
DELISTED
Premier Financial Corp. Common Stock
PFC
| $2.03M | ﹤0.01% |
77,200
-8,000
| -9% | -$212K |
|
|
GLUU
1864
DELISTED
Glu Mobile Inc.
GLUU
| $2.03M | ﹤0.01% |
812,300
+17,600
| +2% | +$44K |
|
1865
eHealth
EHTH
$43.9M
| $2.03M | ﹤0.01% |
107,900
-2,000
| -2% | -$31.9K |
|
|
PKY
1866
DELISTED
Parkway, Inc.
PKY
| $2.03M | ﹤0.01% |
88,591
+1,800
| +2% | +$36.3K |
|
|
HNH
1867
DELISTED
Handy & Harman Holdings Ltd.
HNH
| $2.03M | ﹤0.01% |
64,600
+1,400
| +2% | +$39K |
|
|
IVC
1868
DELISTED
Invacare Corporation
IVC
| $2.02M | ﹤0.01% |
153,428
-28,900
| -16% | -$380K |
|
1869
DXP Enterprises
DXPE
$2.98B
| $2.02M | ﹤0.01% |
58,500
-17,700
| -23% | -$643K |
|
1870
Ethan Allen Interiors
ETD
$603M
| $2.02M | ﹤0.01% |
62,400
+4,500
| +8% | +$132K |
|
|
ARRY
1871
DELISTED
Array Biopharma Inc
ARRY
| $2.01M | ﹤0.01% |
240,500
-14,500
| -6% | -$119K |
|
|
NWHM
1872
DELISTED
THE NEW HOME COMPANY INC.
NWHM
| $2M | ﹤0.01% |
174,800
| – | – |
|
1873
TTEC Holdings
TTEC
$124M
| $2M | ﹤0.01% |
49,100
+1,300
| +3% | +$47.1K |
|
1874
Compass Diversified
CODI
$828M
| $2M | ﹤0.01% |
114,600
+9,500
| +9% | +$158K |
|
|
OMN
1875
DELISTED
OMNOVA Solutions Inc.
OMN
| $1.99M | ﹤0.01% |
204,500
-31,100
| -13% | -$281K |
|
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.