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California Public Employees Retirement System

California Public Employees Retirement System Portfolio holdings

AUM $162B
1-Year Est. Return 25.78%
 

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.

This Fund
S&P 500
This Quarter Est. Return
+4.89%
1 Year Est. Return
+25.78%
3 Year Est. Return
+90.63%
5 Year Est. Return
+123.44%
10 Year Est. Return
+466%
AUM
$84.7B
AUM Growth
+$3.55B
Cap. Flow
+$311M
Cap. Flow %
0.37%
Top 10 Hldgs %
14.66%
Holding
3,341
New
131
Increased
874
Reduced
1,775
Closed
77

Top Buys

Rank Stock Value
1
PEP icon
PepsiCo
PEP
+$196M
2
KO icon
Coca-Cola
KO
+$195M
3
NEE icon
NextEra Energy
NEE
+$108M
4
MCD icon
McDonald's
MCD
+$99.5M
5
NEM icon
Newmont
NEM
+$97.8M

Sector Composition

Rank Sector Weight
1 Technology 16.05%
2 Financials 14.87%
3 Healthcare 13.45%
4 Consumer Discretionary 9.92%
5 Consumer Staples 9.4%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake
Capital Flow
WW
2151
DELISTED
WW International
WW
$1.01M ﹤0.01%
52,761
+17,405
+49% +$345K
HTBK
2152
DELISTED
Heritage Commerce
HTBK
$1M ﹤0.01%
81,917
-300
-0.4% -$3.69K
TERP
2153
DELISTED
TerraForm Power, Inc
TERP
$1M ﹤0.01%
70,166
+7,887
+13% +$108K
CWEN.A
2154
DELISTED
Clearway Energy Class A
CWEN.A
$999K ﹤0.01%
61,736
+100
+0.2% +$1.52K
JAX
2155
DELISTED
J. Alexander's Holdings, Inc.
JAX
$999K ﹤0.01%
88,973
ATCO
2156
DELISTED
Atlas Corp.
ATCO
$997K ﹤0.01%
101,647
-9,822
-9% -$94.6K
BKE icon
2157
Buckle
BKE
$2.37B
$995K ﹤0.01%
57,482
+1,805
+3% +$31.7K
CERS icon
2158
Cerus
CERS
$514M
$994K ﹤0.01%
176,828
-64,844
-27% -$358K
EIGI
2159
DELISTED
Endurance International Group Holdings, Inc.
EIGI
$993K ﹤0.01%
206,965
-20,004
-9% -$109K
MFSF
2160
DELISTED
MutualFirst Financial Inc
MFSF
$993K ﹤0.01%
29,171
WTTR icon
2161
Select Water Solutions
WTTR
$2.8B
$992K ﹤0.01%
85,470
+12,370
+17% +$144K
RFIL icon
2162
RF Industries
RFIL
$140M
$990K ﹤0.01%
117,300
BMTC
2163
DELISTED
Bryn Mawr Bank Corp
BMTC
$987K ﹤0.01%
26,438
-9,517
-26% -$356K
TBRG
2164
DELISTED
TruBridge
TBRG
$985K ﹤0.01%
35,455
-900
-2% -$25.2K
VSI
2165
DELISTED
Vitamin Shoppe Inc.
VSI
$985K ﹤0.01%
250,000
-93,005
-27% -$481K
AMBR
2166
DELISTED
Amber Road Inc
AMBR
$984K ﹤0.01%
75,340
+8,240
+12% +$92.5K
UBA
2167
DELISTED
Urstadt Biddle Properties Inc. Class A
UBA
$983K ﹤0.01%
46,819
+8,473
+22% +$184K
NWLI
2168
DELISTED
National Western Life Group, Inc. Class A
NWLI
$982K ﹤0.01%
3,820
-606
-14% -$161K
WSR
2169
DELISTED
Whitestone REIT
WSR
$981K ﹤0.01%
77,283
+3,670
+5% +$46K
FONR
2170
DELISTED
Fonar
FONR
$980K ﹤0.01%
45,575
MYOK
2171
DELISTED
MyoKardia, Inc. Common Stock
MYOK
$980K ﹤0.01%
19,548
+12,298
+170% +$599K
SAFT icon
2172
Safety Insurance
SAFT
$1.52B
$975K ﹤0.01%
10,247
+291
+3% +$27.1K
BRG
2173
DELISTED
Bluerock Residential Growth REIT, Inc.
BRG
$974K ﹤0.01%
82,890
+7,890
+11% +$89.4K
CYD icon
2174
China Yuchai International
CYD
$1.77B
$973K ﹤0.01%
64,936
-18,122
-22% -$280K
MMYT icon
2175
MakeMyTrip
MMYT
$5.77B
$972K ﹤0.01%
39,200

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California Public Employees Retirement System's Q2 2019 Portfolio in Review

As of Q2 2019, California Public Employees Retirement System held 3,341 positions worth $84.7B, up 4.4% from $81.2B the previous quarter. Its ten largest holdings account for 15% of the portfolio.

California Public Employees Retirement System's Q2 2019 filing shows 131 new, 874 increased, 1,775 reduced and 77 closed positions. Its largest new stake was Dow Inc: 1,160,686 shares worth $57.2M. The largest sale was Apollo Global Management, an estimated $475M.

By sector, the portfolio is most concentrated in Technology at 16% of assets, down from 17% a quarter earlier, followed by Financials and Healthcare.

  • California Public Employees Retirement System's largest Q2 2019 buy was Dow Inc: 1,160,686 shares worth $57.2M.
  • California Public Employees Retirement System added most to PepsiCo in Q2 2019, an estimated $196M increase.
  • California Public Employees Retirement System's biggest Q2 2019 reduction was Apollo Global Management, cutting an estimated $475M.
  • California Public Employees Retirement System fully exited Ultimate Software Group Inc in Q2 2019, selling an estimated $21.4M.
  • California Public Employees Retirement System's ten largest holdings make up 15% of its $84.7B portfolio in Q2 2019.
  • California Public Employees Retirement System opened 131 new positions and closed 77 in Q2 2019.
  • California Public Employees Retirement System's portfolio value rose 4.4% quarter-over-quarter to $84.7B.

Based on California Public Employees Retirement System's 13F filing for Q2 2019, filed 15 Aug 2019.