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 | |
|---|---|---|---|---|---|---|
|
TGP
2226
DELISTED
Teekay LNG Partners L.P.
TGP
| $1.13M | ﹤0.01% |
64,300
-1,000
| -2% | -$17.6K |
|
2227
Ribbon Communications
RBBN
$367M
| $1.12M | ﹤0.01% |
169,900
+6,600
| +4% | +$41.8K |
|
|
XBKS
2228
DELISTED
Xenith Bankshares, Inc. Common Stock
XBKS
| $1.12M | ﹤0.01% |
44,130
| – | – |
|
|
OME
2229
DELISTED
Omega Protein
OME
| $1.12M | ﹤0.01% |
55,800
+1,100
| +2% | +$25.6K |
|
|
ENV
2230
DELISTED
ENVESTNET, INC.
ENV
| $1.12M | ﹤0.01% |
34,606
-1,400
| -4% | -$50.9K |
|
2231
Financial Institutions
FISI
$814M
| $1.12M | ﹤0.01% |
33,900
+3,300
| +11% | +$110K |
|
|
PRMW
2232
DELISTED
Primo Water Corporation
PRMW
| $1.12M | ﹤0.01% |
82,268
-1,500
| -2% | -$20.6K |
|
|
AVID
2233
DELISTED
Avid Technology Inc
AVID
| $1.12M | ﹤0.01% |
239,400
+26,600
| +13% | +$138K |
|
2234
Entravision Communication
EVC
$1.08B
| $1.11M | ﹤0.01% |
179,100
-600
| -0.3% | -$3.48K |
|
|
FARO
2235
DELISTED
Faro Technologies
FARO
| $1.11M | ﹤0.01% |
31,000
-1,400
| -4% | -$51K |
|
2236
First Interstate BancSystem
FIBK
$3.56B
| $1.11M | ﹤0.01% |
27,900
+4,800
| +21% | +$200K |
|
2237
Johnson Outdoors
JOUT
$501M
| $1.11M | ﹤0.01% |
30,300
-6,400
| -17% | -$224K |
|
2238
Artisan Partners
APAM
$3B
| $1.1M | ﹤0.01% |
40,000
+300
| +0.8% | +$8.61K |
|
|
WG
2239
DELISTED
Willbros Group
WG
| $1.1M | ﹤0.01% |
403,100
+49,200
| +14% | +$143K |
|
2240
ANI Pharmaceuticals
ANIP
$1.72B
| $1.1M | ﹤0.01% |
22,200
+3,700
| +20% | +$208K |
|
2241
Axogen
AXGN
$2.59B
| $1.1M | ﹤0.01% |
105,200
| – | – |
|
2242
Taylor Devices
TAYD
$166M
| $1.1M | ﹤0.01% |
79,856
| – | – |
|
|
SYNT
2243
DELISTED
Syntel Inc
SYNT
| $1.1M | ﹤0.01% |
65,100
-5,700
| -8% | -$111K |
|
2244
Bank of Marin Bancorp
BMRC
$455M
| $1.09M | ﹤0.01% |
34,000
-12,200
| -26% | -$415K |
|
2245
West Bancorporation
WTBA
$484M
| $1.09M | ﹤0.01% |
47,500
+2,000
| +4% | +$46.1K |
|
|
OKSB
2246
DELISTED
Southwest Bancorp Inc/OK
OKSB
| $1.09M | ﹤0.01% |
41,700
-12,900
| -24% | -$354K |
|
2247
Protalix BioTherapeutics
PLX
$200M
| $1.09M | ﹤0.01% |
80,090
| – | – |
|
|
ZVO
2248
DELISTED
Zovio Inc. Common Stock
ZVO
| $1.09M | ﹤0.01% |
102,071
+5,000
| +5% | +$51.2K |
|
|
CXDC
2249
DELISTED
China XD Plastics Company Limited
CXDC
| $1.09M | ﹤0.01% |
222,100
-9,600
| -4% | -$42.2K |
|
2250
MACOM Technology Solutions
MTSI
$22.7B
| $1.09M | ﹤0.01% |
+22,478
| New | +$1.05M |
|
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.