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 |
S&P Global
SPGI
|
+$81.9M |
| 2 |
Charter Communications
CHTR
|
+$68.4M |
| 3 |
SHPG
Shire pic
SHPG
|
+$36.9M |
| 4 |
Baxter International
BAX
|
+$25.6M |
| 5 |
Newell Brands
NWL
|
+$17.9M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
TWC
TIME WARNER CABLE INC NEW COM STK
TWC
|
+$167M |
| 2 |
MHFI
MCGRAW-HILL FINANCIAL INC COM
MHFI
|
+$74.8M |
| 3 |
BXLT
BAXALTA INC COM STK (DE)
BXLT
|
+$52.3M |
| 4 |
CAM
CAMERON INTERNATIONAL CORPORATION
CAM
|
+$44.9M |
| 5 |
SNDK
SANDISK CORP
SNDK
|
+$39.2M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 15.1% |
| 2 | Technology | 13.84% |
| 3 | Healthcare | 13.69% |
| 4 | Industrials | 10.61% |
| 5 | Consumer Discretionary | 9.48% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2751
VirnetX Holding Corp
VHC
$60.1M
| $471K | ﹤0.01% |
5,890
+3,480
| +144% | +$319K |
|
|
UBFO
2752
DELISTED
United Security Bancshares
UBFO
| $470K | ﹤0.01% |
76,200
| – | – |
|
|
ECYT
2753
DELISTED
Endocyte, Inc. Common Stock
ECYT
| $468K | ﹤0.01% |
145,800
-4,600
| -3% | -$16.9K |
|
2754
Ring Energy
REI
$354M
| $466K | ﹤0.01% |
52,800
-1,700
| -3% | -$12.7K |
|
|
CTT
2755
DELISTED
CATCHMARK TIMBER TRUST, INC.
CTT
| $466K | ﹤0.01% |
+38,100
| New | +$423K |
|
|
SPA
2756
DELISTED
Sparton
SPA
| $466K | ﹤0.01% |
21,399
| – | – |
|
|
ZGNX
2757
DELISTED
Zogenix, Inc.
ZGNX
| $465K | ﹤0.01% |
57,750
| – | – |
|
2758
Harte-Hanks
HHS
$18.5M
| $464K | ﹤0.01% |
29,160
+2,100
| +8% | +$37.1K |
|
2759
Tredegar Corp
TG
$292M
| $464K | ﹤0.01% |
28,800
+6,100
| +27% | +$98.2K |
|
|
AXDX
2760
DELISTED
Accelerate Diagnostics
AXDX
| $463K | ﹤0.01% |
3,220
-100
| -3% | -$13.4K |
|
2761
Broadwind
BWEN
$104M
| $463K | ﹤0.01% |
109,780
| – | – |
|
2762
Natural Resource Partners
NRP
$1.39B
| $463K | ﹤0.01% |
32,240
-1,100
| -3% | -$13.5K |
|
|
EMWP
2763
DELISTED
Eros Media World PLC
EMWP
| $462K | ﹤0.01% |
+1,420
| New | +$372K |
|
|
ITIC
2764
Investors Title Co
ITIC
$540M
| $457K | ﹤0.01% |
4,800
| – | – |
|
|
ONIT
2765
Onity Group
ONIT
$326M
| $456K | ﹤0.01% |
17,780
-933
| -5% | -$28.8K |
|
|
ADXS
2766
DELISTED
Advaxis Inc
ADXS
| $456K | ﹤0.01% |
3,753
-120
| -3% | -$15.4K |
|
|
NSM
2767
DELISTED
Nationstar Mortgage Holdings
NSM
| $454K | ﹤0.01% |
40,300
+17,100
| +74% | +$198K |
|
2768
Star Group
SGU
$416M
| $453K | ﹤0.01% |
51,000
-45,000
| -47% | -$387K |
|
|
BLMT
2769
DELISTED
BSB Bancorp, Inc.
BLMT
| $453K | ﹤0.01% |
20,000
| – | – |
|
|
VIA
2770
DELISTED
Viacom Inc. Class A
VIA
| $450K | ﹤0.01% |
9,700
-700
| -7% | -$31.5K |
|
2771
Alarm.com
ALRM
$2.79B
| $449K | ﹤0.01% |
17,500
-600
| -3% | -$13.5K |
|
2772
Argan
AGX
$8.15B
| $446K | ﹤0.01% |
10,700
-1,400
| -12% | -$50.3K |
|
2773
Twin Disc
TWIN
$342M
| $446K | ﹤0.01% |
41,500
| – | – |
|
2774
Applied Optoelectronics
AAOI
$11.2B
| $445K | ﹤0.01% |
39,900
| – | – |
|
2775
BK Technologies
BKTI
$281M
| $445K | ﹤0.01% |
17,501
| – | – |
|
Similar funds
California Public Employees Retirement System's Q2 2016 Portfolio in Review
As of Q2 2016, California Public Employees Retirement System held 3,657 positions worth $61.8B, down 0.39% from $62B the previous quarter. Its ten largest holdings account for 14% of the portfolio.
Trading was light in Q2 2016: portfolio turnover was 4.4%. California Public Employees Retirement System opened 69 new positions and exited 91, leaving the 3,657-position portfolio largely intact.
By sector, the portfolio is most concentrated in Financials at 15% of assets, down from 15% a quarter earlier, followed by Technology and Healthcare.
- California Public Employees Retirement System's largest Q2 2016 buy was S&P Global: 763,288 shares worth $81.9M.
- California Public Employees Retirement System added most to Charter Communications in Q2 2016, an estimated $68.4M increase.
- California Public Employees Retirement System's biggest Q2 2016 reduction was Procter & Gamble, cutting an estimated $33.6M.
- California Public Employees Retirement System fully exited TIME WARNER CABLE INC NEW COM STK in Q2 2016, selling an estimated $167M.
- California Public Employees Retirement System's ten largest holdings make up 14% of its $61.8B portfolio in Q2 2016.
- California Public Employees Retirement System opened 69 new positions and closed 91 in Q2 2016.
- California Public Employees Retirement System's portfolio value fell 0.39% quarter-over-quarter to $61.8B.
Based on California Public Employees Retirement System's 13F filing for Q2 2016, filed 3 Aug 2016.