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 | |
|---|---|---|---|---|---|---|
2051
NVE Corp
NVEC
$609M
| $1.46M | ﹤0.01% |
18,900
+2,800
| +17% | +$223K |
|
2052
Sonida Senior Living
SNDA
$1.91B
| $1.45M | ﹤0.01% |
6,360
+867
| +16% | +$187K |
|
|
TBRG
2053
DELISTED
TruBridge
TBRG
| $1.45M | ﹤0.01% |
44,200
+2,200
| +5% | +$68.5K |
|
|
NSH
2054
DELISTED
NuStar GP Holdings LLC
NSH
| $1.45M | ﹤0.01% |
59,300
+4,400
| +8% | +$114K |
|
2055
Cooper-Standard Automotive
CPS
$558M
| $1.44M | ﹤0.01% |
14,300
+500
| +4% | +$53.5K |
|
|
WIRE
2056
DELISTED
Encore Wire Corp
WIRE
| $1.44M | ﹤0.01% |
33,700
| – | – |
|
2057
First Hawaiian
FHB
$3.35B
| $1.44M | ﹤0.01% |
46,900
+11,400
| +32% | +$333K |
|
|
MSFG
2058
DELISTED
MainSource Financial Group Inc
MSFG
| $1.44M | ﹤0.01% |
42,853
+1,700
| +4% | +$56.3K |
|
|
HOS
2059
DELISTED
Hornbeck Offshore Services, Inc.
HOS
| $1.42M | ﹤0.01% |
502,300
+146,900
| +41% | +$413K |
|
|
KERX
2060
DELISTED
Keryx Biopharmaceuticals Inc
KERX
| $1.42M | ﹤0.01% |
196,600
| – | – |
|
2061
Insmed
INSM
$28.6B
| $1.42M | ﹤0.01% |
82,600
| – | – |
|
2062
National Healthcare
NHC
$3.38B
| $1.42M | ﹤0.01% |
20,200
-800
| -4% | -$57.1K |
|
2063
Altisource Portfolio Solutions
ASPS
$65.8M
| $1.4M | ﹤0.01% |
8,038
+600
| +8% | +$119K |
|
2064
Commercial Vehicle Group
CVGI
$147M
| $1.39M | ﹤0.01% |
164,800
+11,500
| +8% | +$93.8K |
|
|
RFP
2065
DELISTED
Resolute Forest Products Inc.
RFP
| $1.39M | ﹤0.01% |
316,700
-43,100
| -12% | -$214K |
|
2066
Rush Enterprises Class A
RUSHA
$6.22B
| $1.39M | ﹤0.01% |
84,150
-30,825
| -27% | -$493K |
|
2067
Boston Beer
SAM
$1.92B
| $1.39M | ﹤0.01% |
10,500
| – | – |
|
|
DM
2068
DELISTED
Dominion Energy Midstream Ptr LP
DM
| $1.39M | ﹤0.01% |
48,000
| – | – |
|
2069
V2X
VVX
$2.65B
| $1.38M | ﹤0.01% |
42,800
+5,000
| +13% | +$139K |
|
|
ENV
2070
DELISTED
ENVESTNET, INC.
ENV
| $1.38M | ﹤0.01% |
34,906
+300
| +0.9% | +$10.8K |
|
2071
Park-Ohio Holdings
PKOH
$761M
| $1.38M | ﹤0.01% |
36,100
-1,400
| -4% | -$52.5K |
|
|
MCF
2072
DELISTED
Contango Oil & Gas Co.
MCF
| $1.38M | ﹤0.01% |
207,152
-16,400
| -7% | -$114K |
|
2073
Spok Holdings
SPOK
$241M
| $1.37M | ﹤0.01% |
77,500
-10,100
| -12% | -$181K |
|
|
SPTN
2074
DELISTED
SpartanNash
SPTN
| $1.37M | ﹤0.01% |
52,860
-500
| -0.9% | -$16.5K |
|
|
XBKS
2075
DELISTED
Xenith Bankshares, Inc. Common Stock
XBKS
| $1.37M | ﹤0.01% |
44,130
| – | – |
|
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.