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 | |
|---|---|---|---|---|---|---|
|
NSA
2376
DELISTED
National Storage Affiliates Trust
NSA
| $910K | ﹤0.01% |
29,526
+3,597
| +14% | +$98.5K |
|
2377
The RMR Group
RMR
$338M
| $909K | ﹤0.01% |
11,590
-5,484
| -32% | -$422K |
|
2378
Comfort Systems
FIX
$59.7B
| $906K | ﹤0.01% |
19,775
+5,388
| +37% | +$240K |
|
2379
Omeros
OMER
$994M
| $905K | ﹤0.01% |
49,900
-4,500
| -8% | -$78K |
|
|
UXIN
2380
Uxin Ltd
UXIN
$262M
| $904K | ﹤0.01% |
+1,000
| New | +$949K |
|
2381
Goldgroup Mining Inc.
GORO
$185M
| $903K | ﹤0.01% |
136,969
-92,668
| -40% | -$521K |
|
|
SMTA
2382
DELISTED
Spirit MTA REIT Common Shares of Beneficial Interest
SMTA
| $901K | ﹤0.01% |
+87,461
| New | +$871K |
|
|
NWY
2383
DELISTED
New York & Co Inc
NWY
| $901K | ﹤0.01% |
176,000
| – | – |
|
|
BNFT
2384
DELISTED
Benefitfocus, Inc.
BNFT
| $897K | ﹤0.01% |
26,700
-2,500
| -9% | -$78.4K |
|
2385
Ascent Industries
ACNT
$140M
| $895K | ﹤0.01% |
44,857
| – | – |
|
2386
Sonida Senior Living
SNDA
$1.92B
| $895K | ﹤0.01% |
5,590
-1,792
| -24% | -$296K |
|
|
SCU
2387
DELISTED
Sculptor Capital Management, Inc. Class A Common Stock
SCU
| $893K | ﹤0.01% |
46,260
-14,340
| -24% | -$305K |
|
2388
Kearny Financial
KRNY
$602M
| $892K | ﹤0.01% |
66,320
+38,541
| +139% | +$536K |
|
2389
Plug Power
PLUG
$3.04B
| $891K | ﹤0.01% |
441,214
-30,186
| -6% | -$58.7K |
|
2390
Abeona Therapeutics
ABEO
$430M
| $888K | ﹤0.01% |
2,220
+1,212
| +120% | +$530K |
|
2391
Q2 Holdings
QTWO
$4.01B
| $887K | ﹤0.01% |
15,548
+9,335
| +150% | +$509K |
|
2392
National Bankshares
NKSH
$263M
| $886K | ﹤0.01% |
19,090
+1,313
| +7% | +$61.3K |
|
|
PRGX
2393
DELISTED
PRGX Global, Inc.
PRGX
| $886K | ﹤0.01% |
91,307
| – | – |
|
2394
V2X
VVX
$2.56B
| $879K | ﹤0.01% |
28,521
-3,908
| -12% | -$132K |
|
2395
KNOT Offshore Partners
KNOP
$373M
| $878K | ﹤0.01% |
39,640
+2,954
| +8% | +$61.3K |
|
2396
Clean Energy Fuels
CLNE
$390M
| $877K | ﹤0.01% |
237,688
-6,542
| -3% | -$15.4K |
|
|
COUP
2397
DELISTED
Coupa Software Incorporated
COUP
| $877K | ﹤0.01% |
14,097
+2,355
| +20% | +$125K |
|
|
GRVY
2398
GRAVITY
GRVY
$493M
| $876K | ﹤0.01% |
29,850
| – | – |
|
|
QTS
2399
DELISTED
QTS REALTY TRUST, INC.
QTS
| $876K | ﹤0.01% |
22,176
-1,971
| -8% | -$72.8K |
|
|
HOS
2400
DELISTED
Hornbeck Offshore Services, Inc.
HOS
| $875K | ﹤0.01% |
220,950
-256,808
| -54% | -$867K |
|
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.