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 | |
|---|---|---|---|---|---|---|
1876
Ultragenyx Pharmaceutical
RARE
$2.66B
| $2.15M | ﹤0.01% |
40,300
+1,200
| +3% | +$71.1K |
|
|
REV
1877
DELISTED
Revlon, Inc.
REV
| $2.14M | ﹤0.01% |
87,333
+11,233
| +15% | +$217K |
|
|
UHT
1878
Universal Health Realty Income Trust
UHT
$566M
| $2.13M | ﹤0.01% |
28,237
+1,782
| +7% | +$137K |
|
|
TA
1879
DELISTED
TravelCenters of America LLC
TA
| $2.13M | ﹤0.01% |
100,330
-1,690
| -2% | -$32K |
|
1880
Evertec
EVTC
$1.76B
| $2.12M | ﹤0.01% |
134,029
-1,771
| -1% | -$31.7K |
|
1881
GoPro
GPRO
$107M
| $2.12M | ﹤0.01% |
192,400
| – | – |
|
1882
Emergent Biosolutions
EBS
$228M
| $2.12M | ﹤0.01% |
52,276
+2,776
| +6% | +$100K |
|
|
FPO
1883
DELISTED
First Potomac Realty Trust
FPO
| $2.11M | ﹤0.01% |
189,653
-4,573
| -2% | -$50.9K |
|
1884
Compass Diversified
CODI
$927M
| $2.11M | ﹤0.01% |
118,803
+4,203
| +4% | +$72.6K |
|
|
XCRA
1885
DELISTED
Xcerra Corporation
XCRA
| $2.11M | ﹤0.01% |
213,761
+25,861
| +14% | +$250K |
|
|
HNH
1886
DELISTED
Handy & Harman Holdings Ltd.
HNH
| $2.1M | ﹤0.01% |
64,600
| – | – |
|
1887
FreightCar America
RAIL
$252M
| $2.1M | ﹤0.01% |
107,218
-2,082
| -2% | -$36.7K |
|
|
FNGN
1888
DELISTED
Financial Engines, Inc.
FNGN
| $2.1M | ﹤0.01% |
60,337
+2,337
| +4% | +$81.3K |
|
1889
Onto Innovation
ONTO
$15.7B
| $2.09M | ﹤0.01% |
72,700
-8,600
| -11% | -$226K |
|
|
WMC
1890
DELISTED
Western Asset Mortgage Capital Corporation
WMC
| $2.09M | ﹤0.01% |
19,987
+1,917
| +11% | +$200K |
|
|
MITT
1891
TPG Mortgage Investment Trust
MITT
$214M
| $2.09M | ﹤0.01% |
36,142
-91
| -0.3% | -$5.17K |
|
1892
Bassett Furniture
BSET
$170M
| $2.08M | ﹤0.01% |
55,252
+3,552
| +7% | +$131K |
|
|
VSA
1893
VisionSys AI
VSA
$10.6M
| $2.08M | ﹤0.01% |
57
-6
| -10% | -$252K |
|
|
AIG.WS
1894
DELISTED
American International Group, Inc.
AIG.WS
| $2.07M | ﹤0.01% |
103,600
| – | – |
|
1895
TFS Financial
TFSL
$4.83B
| $2.07M | ﹤0.01% |
128,407
+4,807
| +4% | +$74.4K |
|
1896
Andersons Inc
ANDE
$2.18B
| $2.06M | ﹤0.01% |
60,255
+2,455
| +4% | +$81.3K |
|
|
GHDX
1897
DELISTED
Genomic Health, Inc.
GHDX
| $2.06M | ﹤0.01% |
64,226
+1,726
| +3% | +$54.4K |
|
1898
Huron Consulting
HURN
$2.43B
| $2.05M | ﹤0.01% |
59,870
+6,870
| +13% | +$243K |
|
1899
Independent Bank
INDB
$4.02B
| $2.05M | ﹤0.01% |
27,511
+611
| +2% | +$42.5K |
|
1900
Tennant Co
TNC
$1.13B
| $2.05M | ﹤0.01% |
31,014
+214
| +0.7% | +$14.3K |
|
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.