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 |
EA
Electronic Arts
EA
|
+$217M |
| 2 |
ATVI
Activision Blizzard
ATVI
|
+$217M |
| 3 |
Amazon
AMZN
|
+$205M |
| 4 |
T-Mobile US
TMUS
|
+$202M |
| 5 |
Microsoft
MSFT
|
+$192M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Realty Income
O
|
+$111M |
| 2 |
Healthpeak Properties
DOC
|
+$87.1M |
| 3 |
Hartford Financial Services
HIG
|
+$68.7M |
| 4 |
Annaly Capital Management
NLY
|
+$63.7M |
| 5 |
W.P. Carey
WPC
|
+$54.2M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 22.03% |
| 2 | Healthcare | 14.41% |
| 3 | Financials | 12.11% |
| 4 | Consumer Discretionary | 12.02% |
| 5 | Communication Services | 9.08% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2051
MYR Group
MYRG
$5.23B
| $1.38M | ﹤0.01% |
37,180
+1,200
| +3% | +$42.5K |
|
|
PRVB
2052
DELISTED
Provention Bio, Inc. Common Stock
PRVB
| $1.38M | ﹤0.01% |
107,689
+13,887
| +15% | +$175K |
|
|
MYOV
2053
DELISTED
Myovant Sciences Ltd.
MYOV
| $1.38M | ﹤0.01% |
98,197
+2,300
| +2% | +$42.8K |
|
|
VIE
2054
DELISTED
Viela Bio, Inc. Common Stock
VIE
| $1.38M | ﹤0.01% |
49,003
+4,724
| +11% | +$167K |
|
2055
EverQuote
EVER
$856M
| $1.38M | ﹤0.01% |
35,580
+1,000
| +3% | +$45.1K |
|
|
AGEN
2056
Agenus
AGEN
$327M
| $1.37M | ﹤0.01% |
17,495
+1,892
| +12% | +$147K |
|
2057
G-III Apparel Group
GIII
$1.43B
| $1.37M | ﹤0.01% |
104,789
+7,417
| +8% | +$89.2K |
|
2058
BioCryst Pharmaceuticals
BCRX
$2.46B
| $1.37M | ﹤0.01% |
399,809
+53,342
| +15% | +$229K |
|
2059
Oaktree Specialty Lending
OCSL
$1.15B
| $1.37M | ﹤0.01% |
94,253
+4,936
| +6% | +$70.5K |
|
|
AIFU
2060
AIFU Inc
AIFU
$221M
| $1.37M | ﹤0.01% |
204
+6
| +3% | +$48.8K |
|
2061
Option Care Health
OPCH
$3.61B
| $1.36M | ﹤0.01% |
101,983
+24,357
| +31% | +$296K |
|
2062
DHT Holdings
DHT
$3.16B
| $1.36M | ﹤0.01% |
264,225
+10,095
| +4% | +$55.8K |
|
2063
Andersons Inc
ANDE
$2.24B
| $1.35M | ﹤0.01% |
70,615
+1,600
| +2% | +$26.3K |
|
2064
PAR Technology
PAR
$778M
| $1.35M | ﹤0.01% |
33,400
+900
| +3% | +$32.2K |
|
2065
Stratasys
SSYS
$779M
| $1.35M | ﹤0.01% |
108,500
-7,338
| -6% | -$107K |
|
2066
E.W. Scripps
SSP
$319M
| $1.34M | ﹤0.01% |
117,400
+4,000
| +4% | +$43.7K |
|
2067
IMAX
IMAX
$2.93B
| $1.34M | ﹤0.01% |
112,226
+2,457
| +2% | +$31.8K |
|
2068
Cass Information Systems
CASS
$747M
| $1.34M | ﹤0.01% |
33,275
+276
| +0.8% | +$10.5K |
|
2069
Buckle
BKE
$2.27B
| $1.34M | ﹤0.01% |
65,641
-480
| -0.7% | -$8.68K |
|
|
LGF.A
2070
DELISTED
Lions Gate Entertainment Corp. Class A Voting Shares
LGF.A
| $1.34M | ﹤0.01% |
140,908
+21,298
| +18% | +$184K |
|
2071
Apogee Enterprises
APOG
$886M
| $1.33M | ﹤0.01% |
62,461
+4,533
| +8% | +$99.1K |
|
|
HA
2072
DELISTED
Hawaiian Holdings, Inc.
HA
| $1.33M | ﹤0.01% |
103,304
-314
| -0.3% | -$4.19K |
|
|
VAPO
2073
DELISTED
Vapotherm, Inc. Common Stock
VAPO
| $1.33M | ﹤0.01% |
5,743
+893
| +18% | +$257K |
|
2074
GoPro
GPRO
$112M
| $1.33M | ﹤0.01% |
293,330
+7,400
| +3% | +$34.8K |
|
|
HNGR
2075
DELISTED
Hanger Inc.
HNGR
| $1.33M | ﹤0.01% |
83,995
+2,400
| +3% | +$43.3K |
|
Similar funds
California Public Employees Retirement System's Q3 2020 Portfolio in Review
As of Q3 2020, California Public Employees Retirement System held 3,611 positions worth $112B, up 11% from $101B the previous quarter. Its ten largest holdings account for 19% of the portfolio.
Trading was light in Q3 2020: portfolio turnover was 4.3%. California Public Employees Retirement System opened 104 new positions and exited 52, leaving the 3,611-position portfolio largely intact.
By sector, the portfolio is most concentrated in Technology at 22% of assets, up from 21% a quarter earlier, followed by Healthcare and Financials.
- California Public Employees Retirement System's largest Q3 2020 buy was KE Holdings: 253,194 shares worth $15.5M.
- California Public Employees Retirement System added most to Electronic Arts in Q3 2020, an estimated $217M increase.
- California Public Employees Retirement System's biggest Q3 2020 reduction was Realty Income, cutting an estimated $111M.
- California Public Employees Retirement System fully exited Seagen Inc. Common Stock in Q3 2020, selling an estimated $46.2M.
- California Public Employees Retirement System's ten largest holdings make up 19% of its $112B portfolio in Q3 2020.
- California Public Employees Retirement System opened 104 new positions and closed 52 in Q3 2020.
- California Public Employees Retirement System's portfolio value rose 11% quarter-over-quarter to $112B.
Based on California Public Employees Retirement System's 13F filing for Q3 2020, filed 5 Nov 2020.