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 | |
|---|---|---|---|---|---|---|
|
Y
451
DELISTED
Alleghany Corp
Y
| $24.6M | 0.04% |
44,700
-200
| -0.4% | -$104K |
|
|
CTRA
452
DELISTED
Coterra Energy
CTRA
| $24.5M | 0.04% |
953,600
-28,900
| -3% | -$693K |
|
|
NFX
453
DELISTED
Newfield Exploration
NFX
| $24.5M | 0.04% |
553,732
+2,200
| +0.4% | +$84.4K |
|
454
Lennox International
LII
$15.2B
| $24.5M | 0.04% |
171,500
-4,500
| -3% | -$619K |
|
455
SL Green Realty
SLG
$3.99B
| $24.4M | 0.04% |
236,943
+5,268
| +2% | +$518K |
|
456
Bunge Global
BG
$20.8B
| $24.4M | 0.04% |
411,822
+15,100
| +4% | +$924K |
|
457
A.O. Smith
AOS
$8.7B
| $24.3M | 0.04% |
551,000
-9,800
| -2% | -$396K |
|
458
MSCI
MSCI
$40.9B
| $24.2M | 0.04% |
314,100
-9,100
| -3% | -$689K |
|
459
Arch Capital
ACGL
$33.6B
| $24.1M | 0.04% |
1,005,000
-31,800
| -3% | -$751K |
|
460
CarMax
KMX
$8.26B
| $24.1M | 0.04% |
491,800
-13,600
| -3% | -$699K |
|
461
Capri Holdings
CPRI
$1.74B
| $24.1M | 0.04% |
487,300
-11,400
| -2% | -$560K |
|
462
LKQ Corp
LKQ
$6.29B
| $24.1M | 0.04% |
760,406
+1,400
| +0.2% | +$45.5K |
|
463
Nasdaq
NDAQ
$52.9B
| $24M | 0.04% |
1,115,400
+12,300
| +1% | +$263K |
|
464
Textron
TXT
$15.4B
| $23.9M | 0.04% |
652,500
-35,800
| -5% | -$1.36M |
|
|
ANDV
465
DELISTED
Andeavor
ANDV
| $23.8M | 0.04% |
317,552
-6,000
| -2% | -$476K |
|
466
Seagate
STX
$184B
| $23.7M | 0.04% |
974,800
+76,200
| +8% | +$1.85M |
|
467
Kohl's
KSS
$2.19B
| $23.6M | 0.04% |
621,094
+17,900
| +3% | +$711K |
|
468
NetApp
NTAP
$37.2B
| $23.4M | 0.04% |
952,116
-24,600
| -3% | -$606K |
|
|
VAR
469
DELISTED
Varian Medical Systems, Inc.
VAR
| $23.4M | 0.04% |
324,666
-18,132
| -5% | -$1.31M |
|
|
VER
470
DELISTED
VEREIT, Inc.
VER
| $23.3M | 0.04% |
458,986
+12,400
| +3% | +$584K |
|
471
Amdocs
DOX
$6.22B
| $23.2M | 0.04% |
402,350
-11,000
| -3% | -$631K |
|
|
WRK
472
DELISTED
WestRock Company
WRK
| $23.1M | 0.04% |
594,254
-89,615
| -13% | -$3.36M |
|
473
Synopsys
SNPS
$79.7B
| $23.1M | 0.04% |
426,560
+6,700
| +2% | +$336K |
|
474
Avery Dennison
AVY
$13.4B
| $23M | 0.04% |
307,937
-100
| -0% | -$7.43K |
|
475
Fortune Brands Innovations
FBIN
$6.06B
| $23M | 0.04% |
463,437
-8,775
| -2% | -$428K |
|
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.