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 | |
|---|---|---|---|---|---|---|
651
AptarGroup
ATR
$8.61B
| $15.1M | 0.02% |
190,980
+100
| +0.1% | +$7.74K |
|
652
Commerce Bancshares
CBSH
$8.5B
| $15.1M | 0.02% |
513,815
-20,199
| -4% | -$583K |
|
653
Raymond James Financial
RJF
$34B
| $15.1M | 0.02% |
459,483
-6,300
| -1% | -$215K |
|
654
CNX Resources
CNX
$5.2B
| $15.1M | 0.02% |
1,126,135
+17,280
| +2% | +$202K |
|
|
CY
655
DELISTED
Cypress Semiconductor
CY
| $15.1M | 0.02% |
1,429,400
-44,400
| -3% | -$423K |
|
656
New Oriental
EDU
$8.98B
| $15.1M | 0.02% |
359,500
-1,900
| -0.5% | -$75K |
|
|
QIHU
657
DELISTED
QIHOO 360 TECHNOLOGY CO LTD ADS RPSTG 3 CL A SHS
QIHU
| $14.9M | 0.02% |
204,600
-4,800
| -2% | -$355K |
|
658
Steel Dynamics
STLD
$37.6B
| $14.9M | 0.02% |
608,800
-37,000
| -6% | -$904K |
|
659
Toro Company
TTC
$9.49B
| $14.9M | 0.02% |
337,000
| – | – |
|
660
Royal Gold
RGLD
$19.5B
| $14.8M | 0.02% |
206,197
-4,900
| -2% | -$291K |
|
661
Sonoco
SON
$5.74B
| $14.8M | 0.02% |
297,950
-400
| -0.1% | -$19K |
|
|
BRCD
662
DELISTED
Brocade Communications Systems, Inc. NEW
BRCD
| $14.8M | 0.02% |
1,609,598
+75,050
| +5% | +$672K |
|
663
Cboe Global Markets
CBOE
$29.9B
| $14.6M | 0.02% |
219,700
-12,100
| -5% | -$775K |
|
|
ENH
664
DELISTED
Endurance Specialty Holdings Ltd
ENH
| $14.6M | 0.02% |
217,718
-5,100
| -2% | -$334K |
|
665
SITE Centers
SITC
$165M
| $14.6M | 0.02% |
623,952
+23,439
| +4% | +$529K |
|
666
Brown-Forman Class A
BF.A
$13.3B
| $14.5M | 0.02% |
334,798
-37,750
| -10% | -$1.57M |
|
667
Factset
FDS
$10.2B
| $14.5M | 0.02% |
89,600
-10,100
| -10% | -$1.56M |
|
668
United Therapeutics
UTHR
$23.1B
| $14.5M | 0.02% |
136,500
-14,302
| -9% | -$1.6M |
|
669
Diamondback Energy
FANG
$52.7B
| $14.5M | 0.02% |
158,500
+3,100
| +2% | +$268K |
|
|
SRC
670
DELISTED
SPIRIT REALTY CAPITAL, INC.
SRC
| $14.3M | 0.02% |
249,815
+23,326
| +10% | +$1.22M |
|
|
DNB
671
DELISTED
Dun & Bradstreet
DNB
| $14.3M | 0.02% |
117,273
-7,500
| -6% | -$878K |
|
672
JD.com
JD
$44.5B
| $14.2M | 0.02% |
669,400
-39,300
| -6% | -$949K |
|
|
TGNA
673
DELISTED
TEGNA Inc
TGNA
| $14.2M | 0.02% |
958,281
-5,625
| -0.6% | -$82.2K |
|
674
Brookfield Infrastructure Partners
BIP
$18B
| $14.2M | 0.02% |
790,776
-6,300
| -0.8% | -$107K |
|
|
WRI
675
DELISTED
Weingarten Realty Investors
WRI
| $14.1M | 0.02% |
346,473
+15,600
| +5% | +$593K |
|
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.