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 |
YHOO
Yahoo Inc
YHOO
|
+$88.6M |
| 2 |
Zoetis
ZTS
|
+$66M |
| 3 |
Yum! Brands
YUM
|
+$54.5M |
| 4 |
ATH
Athene Holding Ltd. Class A Common Shares
ATH
|
+$45.5M |
| 5 |
Zimmer Biomet
ZBH
|
+$42.2M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apollo Global Management
APO
|
+$111M |
| 2 |
SE
Spectra Energy Corp Wi
SE
|
+$57.7M |
| 3 |
Apple
AAPL
|
+$56.7M |
| 4 |
STJ
St Jude Medical
STJ
|
+$53.3M |
| 5 |
Microsoft
MSFT
|
+$50.3M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 17.67% |
| 2 | Technology | 15.02% |
| 3 | Healthcare | 12.8% |
| 4 | Industrials | 10.81% |
| 5 | Consumer Discretionary | 9.53% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2201
1-800-Flowers.com
FLWS
$255M
| $1.17M | ﹤0.01% |
114,990
| – | – |
|
2202
Columbus McKinnon
CMCO
$557M
| $1.17M | ﹤0.01% |
47,200
-34,000
| -42% | -$895K |
|
2203
John B. Sanfilippo & Son
JBSS
$965M
| $1.17M | ﹤0.01% |
16,000
-200
| -1% | -$13.2K |
|
2204
Republic Bancorp
RBCAA
$1.91B
| $1.17M | ﹤0.01% |
34,000
| – | – |
|
|
SRLP
2205
DELISTED
SPRAGUE RESOURCES LP
SRLP
| $1.17M | ﹤0.01% |
43,000
| – | – |
|
|
XOXO
2206
DELISTED
Xo Group Inc
XOXO
| $1.16M | ﹤0.01% |
67,500
-1,500
| -2% | -$27.4K |
|
2207
Interparfums
IPAR
$3.83B
| $1.16M | ﹤0.01% |
31,700
-1,400
| -4% | -$48.5K |
|
2208
Sonida Senior Living
SNDA
$1.99B
| $1.16M | ﹤0.01% |
5,493
+500
| +10% | +$119K |
|
2209
Super Micro Computer
SMCI
$20.4B
| $1.16M | ﹤0.01% |
457,000
-42,000
| -8% | -$111K |
|
2210
Sierra Bancorp
BSRR
$516M
| $1.16M | ﹤0.01% |
42,138
-16,800
| -29% | -$458K |
|
|
SRG
2211
Seritage Growth Properties
SRG
$136M
| $1.16M | ﹤0.01% |
26,800
+1,900
| +8% | +$82.6K |
|
2212
Coca-Cola Consolidated
COKE
$12.4B
| $1.15M | ﹤0.01% |
56,000
+4,000
| +8% | +$71.3K |
|
2213
Winmark
WINA
$1.36B
| $1.15M | ﹤0.01% |
10,200
-500
| -5% | -$57.2K |
|
|
SHOE
2214
Shoe Station Group
SHOE
$437M
| $1.15M | ﹤0.01% |
93,600
+5,000
| +6% | +$63.9K |
|
|
CDR
2215
DELISTED
Cedar Realty Trust, Inc
CDR
| $1.15M | ﹤0.01% |
34,697
+1,455
| +4% | +$55.8K |
|
|
TUES
2216
DELISTED
Tuesday Morning Corp
TUES
| $1.15M | ﹤0.01% |
306,000
+73,100
| +31% | +$297K |
|
|
HSKA
2217
DELISTED
Heska Corp
HSKA
| $1.14M | ﹤0.01% |
10,880
+3,000
| +38% | +$257K |
|
2218
Village Super Market
VLGEA
$616M
| $1.14M | ﹤0.01% |
43,067
+3,400
| +9% | +$98.9K |
|
|
ACET
2219
DELISTED
Aceto Corp
ACET
| $1.14M | ﹤0.01% |
71,900
-3,100
| -4% | -$52.9K |
|
2220
Seacoast Banking Corp of Florida
SBCF
$3.37B
| $1.13M | ﹤0.01% |
47,200
+8,000
| +20% | +$183K |
|
|
SNCR
2221
DELISTED
Synchronoss Technologies
SNCR
| $1.13M | ﹤0.01% |
5,156
-533
| -9% | -$155K |
|
|
NUTR
2222
DELISTED
Nutraceutical International Co
NUTR
| $1.13M | ﹤0.01% |
36,300
| – | – |
|
|
CIVI
2223
DELISTED
Civitas Resources
CIVI
| $1.13M | ﹤0.01% |
8,720
-549
| -6% | -$110K |
|
|
NVEE
2224
DELISTED
NV5 Global
NVEE
| $1.13M | ﹤0.01% |
120,000
| – | – |
|
2225
Option Care Health
OPCH
$3.67B
| $1.13M | ﹤0.01% |
165,925
+45,250
| +37% | +$299K |
|
Similar funds
California Public Employees Retirement System's Q1 2017 Portfolio in Review
As of Q1 2017, California Public Employees Retirement System held 3,495 positions worth $61.3B, up 2.8% from $59.6B the previous quarter. Its ten largest holdings account for 14% of the portfolio.
Trading was light in Q1 2017: portfolio turnover was 4.3%. California Public Employees Retirement System opened 60 new positions and exited 90, leaving the 3,495-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 Q1 2017 buy was Athene Holding Ltd. Class A Common Shares: 917,964 shares worth $45.7M.
- California Public Employees Retirement System added most to Yahoo Inc in Q1 2017, an estimated $88.6M increase.
- California Public Employees Retirement System's biggest Q1 2017 reduction was Apollo Global Management, cutting an estimated $111M.
- California Public Employees Retirement System fully exited Spectra Energy Corp Wi in Q1 2017, selling an estimated $57.7M.
- California Public Employees Retirement System's ten largest holdings make up 14% of its $61.3B portfolio in Q1 2017.
- California Public Employees Retirement System opened 60 new positions and closed 90 in Q1 2017.
- California Public Employees Retirement System's portfolio value rose 2.8% quarter-over-quarter to $61.3B.
Based on California Public Employees Retirement System's 13F filing for Q1 2017, filed 11 May 2017.