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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
PFBI
2426
DELISTED
Premier Financial Bancorp
PFBI
$633K ﹤0.01%
42,230
MITK icon
2427
Mitek Systems
MITK
$837M
$632K ﹤0.01%
63,626
+600
+1% +$6.4K
RBNC
2428
DELISTED
Reliant Bancorp, Inc. Common Stock
RBNC
$631K ﹤0.01%
26,700
MANU icon
2429
Manchester United
MANU
$3.74B
$629K ﹤0.01%
34,783
-2,641
-7% -$49.7K
AMNB
2430
DELISTED
American National Bankshares Inc
AMNB
$629K ﹤0.01%
16,228
+300
+2% +$10.8K
LFVN icon
2431
LifeVantage
LFVN
$84.3M
$626K ﹤0.01%
48,242
LXRX icon
2432
Lexicon Pharmaceuticals
LXRX
$1.07B
$626K ﹤0.01%
99,456
-13,461
-12% -$80.6K
TRST
2433
Trustco Bank Corp NY
TRST
$931M
$626K ﹤0.01%
15,817
-7,287
-32% -$283K
UTL icon
2434
Unitil
UTL
$966M
$626K ﹤0.01%
10,456
+3,306
+46% +$188K
PKE icon
2435
Park Aerospace
PKE
$801M
$623K ﹤0.01%
37,338
-13,808
-27% -$222K
FTCH
2436
DELISTED
Farfetch Limited Class A Ordinary Shares
FTCH
$622K ﹤0.01%
29,900
+21,791
+269% +$504K
PETX
2437
DELISTED
Aratana Therapeutics, Inc.
PETX
$622K ﹤0.01%
120,635
+13,235
+12% +$59.5K
KURA icon
2438
Kura Oncology
KURA
$874M
$618K ﹤0.01%
31,400
-121,900
-80% -$2.02M
MNTV
2439
DELISTED
Momentive Global Inc. Common Stock
MNTV
$616K ﹤0.01%
+37,306
New +$637K
EMCI
2440
DELISTED
EMC INS Group Inc
EMCI
$615K ﹤0.01%
17,064
+200
+1% +$6.86K
PRGX
2441
DELISTED
PRGX Global, Inc.
PRGX
$614K ﹤0.01%
91,307
AKRX
2442
DELISTED
Akorn Inc
AKRX
$612K ﹤0.01%
118,884
-369,900
-76% -$1.42M
PNRG icon
2443
PrimeEnergy Resources
PNRG
$320M
$610K ﹤0.01%
4,580
TGLS icon
2444
Tecnoglass Holdings Inc.
TGLS
$1.84B
$610K ﹤0.01%
93,918
+3,814
+4% +$26.4K
TPC
2445
Tutor Perini Cor
TPC
$5.18B
$609K ﹤0.01%
43,908
-24,613
-36% -$411K
TBCH
2446
Turtle Beach Corp
TBCH
$251M
$608K ﹤0.01%
52,600
AXSM icon
2447
Axsome Therapeutics
AXSM
$11.4B
$604K ﹤0.01%
+23,442
New +$470K
KOPN icon
2448
Kopin
KOPN
$780M
$604K ﹤0.01%
554,200
GLP icon
2449
Global Partners
GLP
$1.7B
$603K ﹤0.01%
30,311
-89,400
-75% -$1.78M
CHCT
2450
Community Healthcare Trust
CHCT
$433M
$601K ﹤0.01%
15,260
+2,200
+17% +$81.9K

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.