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 |
Chubb
CB
|
+$42.8M |
| 2 |
Broadcom
AVGO
|
+$35.4M |
| 3 |
Chevron
CVX
|
+$26M |
| 4 |
Weyerhaeuser
WY
|
+$23.4M |
| 5 |
Dentsply Sirona
XRAY
|
+$20.2M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
CB
CHUBB CORPORATION
CB
|
+$93.8M |
| 2 |
PCP
PRECISION CASTPARTS CORP
PCP
|
+$83.3M |
| 3 |
BRCM
BROADCOM CORP CL-A
BRCM
|
+$79.2M |
| 4 |
Meta Platforms (Facebook)
META
|
+$34.9M |
| 5 |
Alphabet (Google) Class C
GOOG
|
+$34.3M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 15.47% |
| 2 | Technology | 14.84% |
| 3 | Healthcare | 13.78% |
| 4 | Industrials | 11.03% |
| 5 | Consumer Discretionary | 10.03% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1826
Boyd Gaming
BYD
$6.1B
| $2.26M | ﹤0.01% |
109,400
-3,600
| -3% | -$63.7K |
|
1827
Compass Diversified
CODI
$956M
| $2.25M | ﹤0.01% |
143,900
-16,000
| -10% | -$237K |
|
|
ENLK
1828
DELISTED
EnLink Midstream Partners, LP
ENLK
| $2.25M | ﹤0.01% |
186,300
-39,800
| -18% | -$437K |
|
1829
Four Corners Property Trust
FCPT
$2.77B
| $2.25M | ﹤0.01% |
125,087
-7,025
| -5% | -$118K |
|
1830
Clearway Energy Class C
CWEN
$7.03B
| $2.24M | ﹤0.01% |
157,500
-9,200
| -6% | -$121K |
|
|
KYNB
1831
Kyntra Bio
KYNB
$29M
| $2.24M | ﹤0.01% |
4,204
-256
| -6% | -$128K |
|
|
CORE
1832
DELISTED
Core Mark Holding Co., Inc.
CORE
| $2.23M | ﹤0.01% |
54,800
-3,200
| -6% | -$123K |
|
1833
Ethan Allen Interiors
ETD
$579M
| $2.23M | ﹤0.01% |
70,200
+3,500
| +5% | +$97.7K |
|
|
AMRI
1834
DELISTED
Albany Molecular Research Inc
AMRI
| $2.23M | ﹤0.01% |
146,100
-6,700
| -4% | -$105K |
|
|
FNGN
1835
DELISTED
Financial Engines, Inc.
FNGN
| $2.23M | ﹤0.01% |
70,900
+4,500
| +7% | +$125K |
|
|
ZLTQ
1836
DELISTED
ZELTIQ Aesthetics, Inc.
ZLTQ
| $2.22M | ﹤0.01% |
+81,900
| New | +$1.93M |
|
1837
Lindsay Corp
LNN
$1.17B
| $2.21M | ﹤0.01% |
30,900
-500
| -2% | -$35.9K |
|
|
BFS
1838
Saul Centers
BFS
$864M
| $2.21M | ﹤0.01% |
41,719
-2,500
| -6% | -$126K |
|
1839
The Greenbrier Companies
GBX
$1.41B
| $2.21M | ﹤0.01% |
79,800
-6,300
| -7% | -$162K |
|
1840
Andersons Inc
ANDE
$2.24B
| $2.2M | ﹤0.01% |
70,100
+9,800
| +16% | +$279K |
|
|
QTS
1841
DELISTED
QTS REALTY TRUST, INC.
QTS
| $2.2M | ﹤0.01% |
46,400
-7,400
| -14% | -$331K |
|
1842
Federal Signal
FSS
$7.71B
| $2.19M | ﹤0.01% |
165,500
-6,900
| -4% | -$94.9K |
|
1843
Agree Realty
ADC
$9.34B
| $2.19M | ﹤0.01% |
57,000
+13,100
| +30% | +$476K |
|
1844
CEVA Inc
CEVA
$907M
| $2.19M | ﹤0.01% |
97,400
-4,100
| -4% | -$85K |
|
|
RT
1845
DELISTED
Ruby Tuesday Georgia
RT
| $2.18M | ﹤0.01% |
405,600
+21,600
| +6% | +$113K |
|
|
LMNX
1846
DELISTED
Luminex Corp
LMNX
| $2.17M | ﹤0.01% |
112,100
+5,900
| +6% | +$112K |
|
|
AIG.WS
1847
DELISTED
American International Group, Inc.
AIG.WS
| $2.17M | ﹤0.01% |
116,000
-7,100
| -6% | -$129K |
|
1848
NGL Energy Partners
NGL
$2.23B
| $2.17M | ﹤0.01% |
288,200
+276,400
| +2,342% | +$2.5M |
|
|
MTSC
1849
DELISTED
MTS Systems Corp
MTSC
| $2.17M | ﹤0.01% |
35,600
+700
| +2% | +$38.5K |
|
1850
Tompkins Financial
TMP
$1.45B
| $2.16M | ﹤0.01% |
33,800
+1,300
| +4% | +$74.1K |
|
Similar funds
California Public Employees Retirement System's Q1 2016 Portfolio in Review
As of Q1 2016, California Public Employees Retirement System held 3,700 positions worth $62B, down 1.9% from $63.3B the previous quarter. Its ten largest holdings account for 14% of the portfolio.
California Public Employees Retirement System's Q1 2016 filing shows 73 new, 1,092 increased, 1,697 reduced and 112 closed positions. Its largest new stake was Axalta: 370,700 shares worth $10.8M. The largest sale was CHUBB CORPORATION, an estimated $93.8M.
By sector, the portfolio is most concentrated in Financials at 15% of assets, down from 17% a quarter earlier, followed by Technology and Healthcare.
- California Public Employees Retirement System's largest Q1 2016 buy was Axalta: 370,700 shares worth $10.8M.
- California Public Employees Retirement System added most to Chubb in Q1 2016, an estimated $42.8M increase.
- California Public Employees Retirement System's biggest Q1 2016 reduction was Meta Platforms (Facebook), cutting an estimated $34.9M.
- California Public Employees Retirement System fully exited CHUBB CORPORATION in Q1 2016, selling an estimated $93.8M.
- California Public Employees Retirement System's ten largest holdings make up 14% of its $62B portfolio in Q1 2016.
- California Public Employees Retirement System opened 73 new positions and closed 112 in Q1 2016.
- California Public Employees Retirement System's portfolio value fell 1.9% quarter-over-quarter to $62B.
Based on California Public Employees Retirement System's 13F filing for Q1 2016, filed 4 May 2016.