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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
GTT
2226
DELISTED
GTT Communications, Inc.
GTT
$887K ﹤0.01%
50,400
-2,300
-4% -$71.1K
LEN.B icon
2227
Lennar Class B
LEN.B
$20.2B
$886K ﹤0.01%
24,215
-288
-1% -$11.3K
FTEK icon
2228
Fuel Tech
FTEK
$44.3M
$885K ﹤0.01%
631,820
APTS
2229
DELISTED
Preferred Apartment Communities, Inc.
APTS
$884K ﹤0.01%
59,140
+6,257
+12% +$97.4K
XOG
2230
DELISTED
Extraction Oil & Gas, Inc. Common Stock
XOG
$882K ﹤0.01%
203,689
-1,500
-0.7% -$6.42K
CDE icon
2231
Coeur Mining
CDE
$18.7B
$880K ﹤0.01%
202,769
+14,300
+8% +$50.3K
CSTE icon
2232
Caesarstone
CSTE
$87.5M
$879K ﹤0.01%
58,499
-9,957
-15% -$149K
LPG icon
2233
Dorian LPG
LPG
$1.86B
$879K ﹤0.01%
97,416
CBLK
2234
DELISTED
Carbon Black, Inc. Common Stock
CBLK
$879K ﹤0.01%
52,600
-48,400
-48% -$743K
DCOM icon
2235
Dime Commercial Bancshares
DCOM
$1.79B
$877K ﹤0.01%
29,764
-5,337
-15% -$158K
NTWK icon
2236
NetSol Technologies
NTWK
$50.5M
$875K ﹤0.01%
156,480
VCEL icon
2237
Vericel Corp
VCEL
$2.27B
$874K ﹤0.01%
46,277
-37,443
-45% -$639K
CNOB icon
2238
Center Bancorp
CNOB
$1.78B
$873K ﹤0.01%
38,548
-1,122
-3% -$24.2K
RGS icon
2239
Regis Corp
RGS
$71.5M
$873K ﹤0.01%
2,630
-2,615
-50% -$991K
UBFO
2240
DELISTED
United Security Bancshares
UBFO
$868K ﹤0.01%
76,198
CUTR
2241
DELISTED
Cutera, Inc.
CUTR
$867K ﹤0.01%
41,733
CYTK icon
2242
Cytokinetics
CYTK
$10.8B
$863K ﹤0.01%
76,730
+1,055
+1% +$10.2K
PFC
2243
DELISTED
Premier Financial Corp. Common Stock
PFC
$863K ﹤0.01%
30,190
-18,900
-39% -$541K
GLOG
2244
DELISTED
GASLOG LTD
GLOG
$863K ﹤0.01%
59,899
+1,300
+2% +$19.7K
BFIN
2245
DELISTED
BankFinancial
BFIN
$861K ﹤0.01%
61,521
CARO
2246
DELISTED
Carolina Financial Corp.
CARO
$861K ﹤0.01%
24,540
+1,374
+6% +$49K
BAND
2247
Bandwidth Inc
BAND
$1.71B
$859K ﹤0.01%
+11,455
New +$836K
FLXS icon
2248
Flexsteel Industries
FLXS
$307M
$858K ﹤0.01%
50,300
RPT
2249
Rithm Property Trust
RPT
$97.3M
$858K ﹤0.01%
10,577
WTBA icon
2250
West Bancorporation
WTBA
$494M
$857K ﹤0.01%
40,399
-15,521
-28% -$329K

Similar funds

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.