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 |
Fortive
FTV
|
+$29.3M |
| 2 |
Johnson Controls International
JCI
|
+$24.1M |
| 3 |
Marriott International
MAR
|
+$21.6M |
| 4 |
Coty
COTY
|
+$21.3M |
| 5 |
Procter & Gamble
PG
|
+$21.1M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
EMC
EMC CORPORATION
EMC
|
+$132M |
| 2 |
Apple
AAPL
|
+$116M |
| 3 |
ExxonMobil
XOM
|
+$56.5M |
| 4 |
Comcast
CMCSA
|
+$50.3M |
| 5 |
JPMorgan Chase
JPM
|
+$50M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 15.85% |
| 2 | Technology | 15.08% |
| 3 | Healthcare | 13.56% |
| 4 | Industrials | 10.8% |
| 5 | Consumer Discretionary | 9.78% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
EPAY
2026
DELISTED
Bottomline Technologies Inc
EPAY
| $1.71M | ﹤0.01% |
73,200
-5,100
| -7% | -$112K |
|
|
AHRT
2027
AH Realty Trust
AHRT
$506M
| $1.7M | ﹤0.01% |
127,000
+11,600
| +10% | +$162K |
|
|
AUD
2028
DELISTED
Audacy, Inc.
AUD
| $1.7M | ﹤0.01% |
131,500
-9,000
| -6% | -$123K |
|
|
BGFV
2029
DELISTED
Big 5 Sporting Goods
BGFV
| $1.7M | ﹤0.01% |
124,900
-3,900
| -3% | -$47.8K |
|
2030
Matrix Service
MTRX
$335M
| $1.69M | ﹤0.01% |
90,100
+2,700
| +3% | +$47.3K |
|
|
VIVO
2031
DELISTED
Meridian Bioscience Inc
VIVO
| $1.69M | ﹤0.01% |
87,500
-5,600
| -6% | -$110K |
|
|
MTSC
2032
DELISTED
MTS Systems Corp
MTSC
| $1.69M | ﹤0.01% |
36,600
-2,400
| -6% | -$113K |
|
2033
Matthews International
MATW
$726M
| $1.68M | ﹤0.01% |
27,700
-1,600
| -5% | -$96.1K |
|
|
MANT
2034
DELISTED
Mantech International Corp
MANT
| $1.68M | ﹤0.01% |
44,600
+1,600
| +4% | +$63.5K |
|
|
HGT
2035
DELISTED
Hugoton Royalty Trust
HGT
| $1.68M | ﹤0.01% |
712,356
| – | – |
|
|
AFI
2036
DELISTED
Armstrong Flooring, Inc.
AFI
| $1.68M | ﹤0.01% |
88,850
-19,700
| -18% | -$376K |
|
|
SBY
2037
DELISTED
Silver Bay Realty Trust Corp.
SBY
| $1.68M | ﹤0.01% |
95,600
+1,200
| +1% | +$21.9K |
|
2038
Progress Software
PRGS
$1.81B
| $1.68M | ﹤0.01% |
61,562
+3,300
| +6% | +$94.4K |
|
|
AEPI
2039
DELISTED
AEP Industries Inc
AEPI
| $1.67M | ﹤0.01% |
15,300
| – | – |
|
|
MNTA
2040
DELISTED
Momenta Pharmaceuticals, Inc.
MNTA
| $1.67M | ﹤0.01% |
143,000
-9,900
| -6% | -$116K |
|
|
CMCM
2041
Cheetah Mobile
CMCM
$104M
| $1.67M | ﹤0.01% |
26,820
-1,860
| -6% | -$108K |
|
2042
Green Dot
GDOT
$771M
| $1.67M | ﹤0.01% |
72,400
+100
| +0.1% | +$2.34K |
|
|
CCF
2043
DELISTED
Chase Corporation
CCF
| $1.67M | ﹤0.01% |
24,100
-1,200
| -5% | -$74.8K |
|
|
NTP
2044
DELISTED
Nam Tai Property Inc.
NTP
| $1.66M | ﹤0.01% |
206,016
-129,000
| -39% | -$892K |
|
2045
Banc of California
BANC
$3.11B
| $1.66M | ﹤0.01% |
95,000
-3,500
| -4% | -$72.7K |
|
2046
Arbor Realty Trust
ABR
$950M
| $1.66M | ﹤0.01% |
223,400
-19,300
| -8% | -$143K |
|
2047
MYR Group
MYRG
$5.22B
| $1.66M | ﹤0.01% |
55,000
+3,100
| +6% | +$84.8K |
|
2048
Standex International
SXI
$4B
| $1.65M | ﹤0.01% |
17,800
-2,300
| -11% | -$201K |
|
2049
Independent Bank
INDB
$4.07B
| $1.64M | ﹤0.01% |
30,400
-700
| -2% | -$35.6K |
|
2050
Sonida Senior Living
SNDA
$1.92B
| $1.64M | ﹤0.01% |
6,520
-367
| -5% | -$97.1K |
|
Similar funds
California Public Employees Retirement System's Q3 2016 Portfolio in Review
As of Q3 2016, California Public Employees Retirement System held 3,593 positions worth $60.8B, down 1.5% from $61.8B the previous quarter. Its ten largest holdings account for 14% of the portfolio.
California Public Employees Retirement System withdrew a net $3.44B in Q3 2016, closing 113 positions and reducing 2,164 holdings. Its most notable exit was EMC CORPORATION, an estimated $132M position sold in full.
By sector, the portfolio is most concentrated in Financials at 16% of assets, up from 15% a quarter earlier, followed by Technology and Healthcare.
Against the trend, California Public Employees Retirement System opened a new position in Fortive worth $29.3M.
- California Public Employees Retirement System's largest Q3 2016 buy was Fortive: 912,923 shares worth $29.3M.
- California Public Employees Retirement System added most to Johnson Controls International in Q3 2016, an estimated $24.1M increase.
- California Public Employees Retirement System's biggest Q3 2016 reduction was Apple, cutting an estimated $116M.
- California Public Employees Retirement System fully exited EMC CORPORATION in Q3 2016, selling an estimated $132M.
- California Public Employees Retirement System's ten largest holdings make up 14% of its $60.8B portfolio in Q3 2016.
- California Public Employees Retirement System opened 28 new positions and closed 113 in Q3 2016.
- California Public Employees Retirement System's portfolio value fell 1.5% quarter-over-quarter to $60.8B.
Based on California Public Employees Retirement System's 13F filing for Q3 2016, filed 24 Oct 2016.