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 |
AT&T
T
|
+$186M |
| 2 |
Alphabet (Google) Class C
GOOG
|
+$142M |
| 3 |
PepsiCo
PEP
|
+$61.8M |
| 4 |
Coca-Cola
KO
|
+$61.8M |
| 5 |
Pfizer
PFE
|
+$54.1M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Alphabet (Google) Class A
GOOGL
|
+$269M |
| 2 |
TWX
Time Warner Inc
TWX
|
+$178M |
| 3 |
Apple
AAPL
|
+$161M |
| 4 |
Microsoft
MSFT
|
+$132M |
| 5 |
Amazon
AMZN
|
+$125M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 17.84% |
| 2 | Technology | 16.75% |
| 3 | Healthcare | 13.11% |
| 4 | Consumer Discretionary | 10.49% |
| 5 | Industrials | 10.16% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
FNHC
2251
DELISTED
FedNat Holding Company Common Stock
FNHC
| $1.13M | ﹤0.01% |
48,841
-2,759
| -5% | -$54.7K |
|
|
CASI
2252
DELISTED
CASI Pharmaceuticals
CASI
| $1.12M | ﹤0.01% |
13,652
| – | – |
|
|
CLDT
2253
Chatham Lodging
CLDT
$580M
| $1.12M | ﹤0.01% |
52,900
+9,907
| +23% | +$197K |
|
2254
Limoneira
LMNR
$254M
| $1.12M | ﹤0.01% |
45,461
+2,461
| +6% | +$60K |
|
2255
QCR Holdings
QCRH
$1.71B
| $1.12M | ﹤0.01% |
23,537
+13,801
| +142% | +$651K |
|
2256
Valhi
VHI
$463M
| $1.12M | ﹤0.01% |
19,552
+610
| +3% | +$49.2K |
|
|
HMHC
2257
DELISTED
Houghton Mifflin Harcourt Company
HMHC
| $1.12M | ﹤0.01% |
145,967
-21,985
| -13% | -$156K |
|
|
ESIO
2258
DELISTED
Electro Scientific Industries
ESIO
| $1.12M | ﹤0.01% |
70,755
-23,144
| -25% | -$435K |
|
2259
Powell Industries
POWL
$7.59B
| $1.11M | ﹤0.01% |
95,850
-19,008
| -17% | -$209K |
|
|
ZVO
2260
DELISTED
Zovio Inc. Common Stock
ZVO
| $1.11M | ﹤0.01% |
170,415
-26,418
| -13% | -$170K |
|
|
UCFC
2261
DELISTED
United Community Financial Corp
UCFC
| $1.11M | ﹤0.01% |
101,024
+8,622
| +9% | +$90.6K |
|
|
LCI
2262
DELISTED
Lannett Company, Inc.
LCI
| $1.11M | ﹤0.01% |
20,388
-234
| -1% | -$14.7K |
|
|
PIR
2263
DELISTED
Pier 1 Imports, Inc.
PIR
| $1.11M | ﹤0.01% |
23,306
-7,981
| -26% | -$431K |
|
|
ECHO
2264
DELISTED
Echo Global Logistics, Inc.
ECHO
| $1.11M | ﹤0.01% |
37,881
+2,481
| +7% | +$70.9K |
|
|
GPMT
2265
Granite Point Mortgage Trust
GPMT
$60.2M
| $1.11M | ﹤0.01% |
60,263
+1,632
| +3% | +$28.8K |
|
|
FLIC
2266
DELISTED
First of Long Island Corp
FLIC
| $1.1M | ﹤0.01% |
44,345
+695
| +2% | +$18.1K |
|
2267
NeoGenomics
NEO
$2.12B
| $1.1M | ﹤0.01% |
83,969
-8,408
| -9% | -$92.5K |
|
2268
SEACOR Marine Holdings
SMHI
$264M
| $1.1M | ﹤0.01% |
47,700
-8,963
| -16% | -$203K |
|
|
MFSF
2269
DELISTED
MutualFirst Financial Inc
MFSF
| $1.1M | ﹤0.01% |
29,171
+1,597
| +6% | +$60K |
|
|
PERY
2270
DELISTED
Perry Ellis International Inc
PERY
| $1.1M | ﹤0.01% |
40,490
-11,799
| -23% | -$316K |
|
2271
Ambarella
AMBA
$3.64B
| $1.1M | ﹤0.01% |
28,397
+3,097
| +12% | +$147K |
|
|
CTRL
2272
DELISTED
Control4 Corporation
CTRL
| $1.1M | ﹤0.01% |
45,081
-12,956
| -22% | -$303K |
|
2273
Bassett Furniture
BSET
$170M
| $1.09M | ﹤0.01% |
39,613
-13,333
| -25% | -$379K |
|
|
NM
2274
DELISTED
Navios Maritime Holdings Inc.
NM
| $1.09M | ﹤0.01% |
127,775
-15,340
| -11% | -$125K |
|
|
BFIN
2275
DELISTED
BankFinancial
BFIN
| $1.09M | ﹤0.01% |
61,521
+3,521
| +6% | +$61.6K |
|
Similar funds
California Public Employees Retirement System's Q2 2018 Portfolio in Review
As of Q2 2018, California Public Employees Retirement System held 3,424 positions worth $72.3B, up 3% from $70.2B the previous quarter. Its ten largest holdings account for 15% of the portfolio.
California Public Employees Retirement System's Q2 2018 filing shows 139 new, 1,115 increased, 1,545 reduced and 134 closed positions. Its largest new stake was Evergy: 605,075 shares worth $34M. The largest sale was Alphabet (Google) Class A, an estimated $269M.
By sector, the portfolio is most concentrated in Financials at 18% of assets, down from 18% a quarter earlier, followed by Technology and Healthcare.
- California Public Employees Retirement System's largest Q2 2018 buy was Evergy: 605,075 shares worth $34M.
- California Public Employees Retirement System added most to AT&T in Q2 2018, an estimated $186M increase.
- California Public Employees Retirement System's biggest Q2 2018 reduction was Alphabet (Google) Class A, cutting an estimated $269M.
- California Public Employees Retirement System fully exited Time Warner Inc in Q2 2018, selling an estimated $178M.
- California Public Employees Retirement System's ten largest holdings make up 15% of its $72.3B portfolio in Q2 2018.
- California Public Employees Retirement System opened 139 new positions and closed 134 in Q2 2018.
- California Public Employees Retirement System's portfolio value rose 3% quarter-over-quarter to $72.3B.
Based on California Public Employees Retirement System's 13F filing for Q2 2018, filed 15 Aug 2018.