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 | |
|---|---|---|---|---|---|---|
|
ATRI
1876
DELISTED
Atrion Corp
ATRI
| $2.08M | ﹤0.01% |
5,259
+900
| +21% | +$340K |
|
1877
Veeco
VECO
$3.17B
| $2.08M | ﹤0.01% |
106,600
+4,200
| +4% | +$77.1K |
|
|
SPTN
1878
DELISTED
SpartanNash
SPTN
| $2.07M | ﹤0.01% |
68,360
+6,700
| +11% | +$158K |
|
1879
Halozyme
HALO
$11.2B
| $2.07M | ﹤0.01% |
218,700
-36,900
| -14% | -$347K |
|
|
TLRD
1880
DELISTED
Tailored Brands, Inc.
TLRD
| $2.06M | ﹤0.01% |
+115,200
| New | +$1.78M |
|
|
NTP
1881
DELISTED
Nam Tai Property Inc.
NTP
| $2.06M | ﹤0.01% |
335,016
-61,300
| -15% | -$339K |
|
|
BITA
1882
DELISTED
Bitauto Holdings Limited
BITA
| $2.05M | ﹤0.01% |
82,700
-7,100
| -8% | -$156K |
|
|
RJET
1883
DELISTED
REPUBLIC AWYS HLDGS INC
RJET
| $2.05M | ﹤0.01% |
1,049,200
+406,700
| +63% | +$878K |
|
1884
Evertec
EVTC
$1.89B
| $2.04M | ﹤0.01% |
146,300
-8,900
| -6% | -$120K |
|
1885
Enterprise Financial Services Corp
EFSC
$2.4B
| $2.04M | ﹤0.01% |
75,400
-17,700
| -19% | -$483K |
|
1886
Cavco Industries
CVCO
$4.66B
| $2.04M | ﹤0.01% |
21,800
-1,100
| -5% | -$90.6K |
|
|
EXAM
1887
DELISTED
EXAMWORKS GROUP INC COM STK (DE)
EXAM
| $2.04M | ﹤0.01% |
68,900
-3,600
| -5% | -$97.8K |
|
1888
Encore Capital Group
ECPG
$2.18B
| $2.03M | ﹤0.01% |
79,000
+5,000
| +7% | +$115K |
|
|
MWW
1889
DELISTED
Monster Worldwide Inc
MWW
| $2.03M | ﹤0.01% |
623,296
-20,700
| -3% | -$80.5K |
|
|
SIGM
1890
DELISTED
Sigma Designs Inc
SIGM
| $2.03M | ﹤0.01% |
298,300
| – | – |
|
1891
Comfort Systems
FIX
$62.6B
| $2.03M | ﹤0.01% |
63,800
-6,600
| -9% | -$187K |
|
|
EEQ
1892
DELISTED
Enbridge Energy Management Llc
EEQ
| $2.03M | ﹤0.01% |
146,691
-8,316
| -5% | -$110K |
|
1893
Haverty Furniture Companies
HVT
$444M
| $2.01M | ﹤0.01% |
95,200
+7,500
| +9% | +$147K |
|
1894
American Public Education
APEI
$816M
| $2.01M | ﹤0.01% |
97,500
+22,600
| +30% | +$397K |
|
|
BBOX
1895
DELISTED
Black Box Corp
BBOX
| $2.01M | ﹤0.01% |
149,300
+48,100
| +48% | +$516K |
|
1896
REX American Resources
REX
$1.46B
| $2.01M | ﹤0.01% |
217,200
+6,600
| +3% | +$57K |
|
1897
CorVel
CRVL
$3.31B
| $2M | ﹤0.01% |
152,100
+74,100
| +95% | +$1.04M |
|
1898
Mercer International
MERC
$31.6M
| $1.99M | ﹤0.01% |
210,900
+29,300
| +16% | +$237K |
|
1899
Piper Sandler
PIPR
$5.46B
| $1.99M | ﹤0.01% |
160,800
-6,800
| -4% | -$68.9K |
|
|
BNCL
1900
DELISTED
Beneficial Bancorp, Inc.
BNCL
| $1.99M | ﹤0.01% |
145,496
-3,200
| -2% | -$41.4K |
|
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.