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 | |
|---|---|---|---|---|---|---|
1901
Canadian Solar
CSIQ
$1.08B
| $2.05M | ﹤0.01% |
121,579
-34,921
| -22% | -$572K |
|
|
NEX
1902
DELISTED
NexTier Oilfield Solutions Inc.
NEX
| $2.05M | ﹤0.01% |
122,700
| – | – |
|
|
PKY
1903
DELISTED
Parkway, Inc.
PKY
| $2.05M | ﹤0.01% |
88,897
+306
| +0.3% | +$7.02K |
|
|
PSTB
1904
DELISTED
Park Sterling Corp.
PSTB
| $2.05M | ﹤0.01% |
164,746
-1,824
| -1% | -$21.2K |
|
|
EIGI
1905
DELISTED
Endurance International Group Holdings, Inc.
EIGI
| $2.04M | ﹤0.01% |
249,096
+4,896
| +2% | +$39.5K |
|
1906
James River Group Holdings
JRVR
$194M
| $2.04M | ﹤0.01% |
49,195
+8,695
| +21% | +$347K |
|
1907
Cato Corp
CATO
$65.3M
| $2.04M | ﹤0.01% |
154,050
+30,650
| +25% | +$460K |
|
1908
Red Robin
RRGB
$145M
| $2.04M | ﹤0.01% |
30,409
+3,109
| +11% | +$189K |
|
1909
FRP Holdings
FRPH
$425M
| $2.04M | ﹤0.01% |
90,000
| – | – |
|
1910
Rayonier Advanced Materials
RYAM
$590M
| $2.03M | ﹤0.01% |
148,400
+6,000
| +4% | +$85.5K |
|
|
FIG
1911
DELISTED
Fortress Investment Group Llc
FIG
| $2.03M | ﹤0.01% |
255,029
+17,429
| +7% | +$139K |
|
|
CUTR
1912
DELISTED
Cutera, Inc.
CUTR
| $2.03M | ﹤0.01% |
49,133
| – | – |
|
|
CO
1913
DELISTED
Global Cord Blood Corporation
CO
| $2.03M | ﹤0.01% |
182,609
+44,909
| +33% | +$526K |
|
1914
Tompkins Financial
TMP
$1.43B
| $2.03M | ﹤0.01% |
23,530
-870
| -4% | -$67.6K |
|
|
ZGNX
1915
DELISTED
Zogenix, Inc.
ZGNX
| $2.02M | ﹤0.01% |
57,750
| – | – |
|
|
AXAS
1916
DELISTED
Abraxas Petroleum Corp
AXAS
| $2.01M | ﹤0.01% |
53,380
| – | – |
|
1917
Independent Bank Corp
IBCP
$844M
| $2M | ﹤0.01% |
88,532
+2,787
| +3% | +$58.3K |
|
1918
Liberty Latin America Class A
LILA
$1.68B
| $2M | ﹤0.01% |
131,784
| – | – |
|
1919
DXP Enterprises
DXPE
$3.03B
| $2M | ﹤0.01% |
63,368
+4,868
| +8% | +$145K |
|
1920
Golar LNG
GLNG
$5.17B
| $1.99M | ﹤0.01% |
88,000
+2,800
| +3% | +$61.5K |
|
1921
Johnson Outdoors
JOUT
$494M
| $1.99M | ﹤0.01% |
27,152
+2,452
| +10% | +$143K |
|
|
SHLM
1922
DELISTED
Schulman (A.) Inc
SHLM
| $1.99M | ﹤0.01% |
58,262
+762
| +1% | +$22.7K |
|
1923
UFP Industries
UFPI
$5.12B
| $1.99M | ﹤0.01% |
60,714
+4,014
| +7% | +$116K |
|
|
YELL
1924
DELISTED
Yellow Corporation Common Stock
YELL
| $1.99M | ﹤0.01% |
143,892
+9,692
| +7% | +$122K |
|
|
ZAGG
1925
DELISTED
ZAGG Inc Common Stock (Delaware)
ZAGG
| $1.98M | ﹤0.01% |
125,699
+1,699
| +1% | +$18.6K |
|
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.