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 | |
|---|---|---|---|---|---|---|
2076
Materion
MTRN
$5.9B
| $1.54M | ﹤0.01% |
50,200
+1,800
| +4% | +$50.6K |
|
2077
StoneX
SNEX
$8.02B
| $1.54M | ﹤0.01% |
200,981
-10,125
| -5% | -$67K |
|
2078
MediWound
MDWD
$173M
| $1.54M | ﹤0.01% |
28,557
| – | – |
|
|
SPNC
2079
DELISTED
Spectranetics Corp
SPNC
| $1.54M | ﹤0.01% |
61,200
-4,100
| -6% | -$95.6K |
|
2080
Arrow Financial
AROW
$730M
| $1.53M | ﹤0.01% |
57,340
-2,478
| -4% | -$62.7K |
|
|
NSH
2081
DELISTED
NuStar GP Holdings LLC
NSH
| $1.53M | ﹤0.01% |
59,800
-3,900
| -6% | -$95.4K |
|
2082
Universal Insurance Holdings
UVE
$1.19B
| $1.52M | ﹤0.01% |
60,500
-30,300
| -33% | -$680K |
|
|
PCBK
2083
DELISTED
Pacific Continental Corp
PCBK
| $1.52M | ﹤0.01% |
90,500
+3,800
| +4% | +$60.5K |
|
|
APLP
2084
DELISTED
Archrock Partners, L.P. Common Units representing Limited Partner Interests
APLP
| $1.51M | ﹤0.01% |
102,900
-6,400
| -6% | -$91.9K |
|
2085
Comscore
SCOR
$91.8M
| $1.51M | ﹤0.01% |
2,467
-155
| -6% | -$87.9K |
|
2086
Kadant
KAI
$3.93B
| $1.51M | ﹤0.01% |
29,000
-1,200
| -4% | -$64K |
|
2087
BlackRock TCP Capital
TCPC
$342M
| $1.51M | ﹤0.01% |
92,200
-5,900
| -6% | -$94.4K |
|
2088
TTEC Holdings
TTEC
$79.4M
| $1.51M | ﹤0.01% |
52,100
-6,700
| -11% | -$192K |
|
2089
American Vanguard Corp
AVD
$63.4M
| $1.51M | ﹤0.01% |
93,800
-3,000
| -3% | -$48.7K |
|
2090
Vishay Precision Group
VPG
$955M
| $1.5M | ﹤0.01% |
93,700
+700
| +0.8% | +$10.2K |
|
|
ENV
2091
DELISTED
ENVESTNET, INC.
ENV
| $1.5M | ﹤0.01% |
41,215
-2,500
| -6% | -$94.9K |
|
|
AMRN
2092
Amarin Corp
AMRN
$296M
| $1.5M | ﹤0.01% |
23,525
| – | – |
|
2093
Helios Technologies
HLIO
$2.7B
| $1.5M | ﹤0.01% |
46,500
-3,100
| -6% | -$93.7K |
|
2094
Carlyle Group
CG
$17.6B
| $1.5M | ﹤0.01% |
96,200
-17,500
| -15% | -$282K |
|
|
HMHC
2095
DELISTED
Houghton Mifflin Harcourt Company
HMHC
| $1.5M | ﹤0.01% |
111,700
+19,900
| +22% | +$310K |
|
2096
Nordic American Tanker
NAT
$1.43B
| $1.5M | ﹤0.01% |
149,285
-51,811
| -26% | -$602K |
|
|
MSFG
2097
DELISTED
MainSource Financial Group Inc
MSFG
| $1.5M | ﹤0.01% |
59,953
+5,399
| +10% | +$125K |
|
2098
Spok Holdings
SPOK
$230M
| $1.49M | ﹤0.01% |
83,800
+5,000
| +6% | +$90K |
|
|
HAYN
2099
DELISTED
Haynes International, Inc.
HAYN
| $1.49M | ﹤0.01% |
40,100
-3,000
| -7% | -$112K |
|
|
BNCL
2100
DELISTED
Beneficial Bancorp, Inc.
BNCL
| $1.48M | ﹤0.01% |
100,596
-32,900
| -25% | -$466K |
|
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.