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 |
Chubb
CB
|
+$42.8M |
| 2 |
Broadcom
AVGO
|
+$35.4M |
| 3 |
Chevron
CVX
|
+$26M |
| 4 |
Weyerhaeuser
WY
|
+$23.4M |
| 5 |
Dentsply Sirona
XRAY
|
+$20.2M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
CB
CHUBB CORPORATION
CB
|
+$93.8M |
| 2 |
PCP
PRECISION CASTPARTS CORP
PCP
|
+$83.3M |
| 3 |
BRCM
BROADCOM CORP CL-A
BRCM
|
+$79.2M |
| 4 |
Meta Platforms (Facebook)
META
|
+$34.9M |
| 5 |
Alphabet (Google) Class C
GOOG
|
+$34.3M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 15.29% |
| 2 | Technology | 14.48% |
| 3 | Healthcare | 13.34% |
| 4 | Industrials | 10.9% |
| 5 | Consumer Discretionary | 9.91% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
HPY
776
DELISTED
HEARTLAND PAYMENT SYSTEMS, INC. COM STK
HPY
| $11.2M | 0.02% |
116,400
-3,000
| -3% | -$276K |
|
777
Chemed
CHE
$7.18B
| $11.2M | 0.02% |
82,900
-6,600
| -7% | -$892K |
|
|
NUAN
778
DELISTED
Nuance Communications, Inc.
NUAN
| $11.2M | 0.02% |
693,347
-62,139
| -8% | -$1M |
|
779
Gentex
GNTX
$5.02B
| $11.2M | 0.02% |
712,400
+41,100
| +6% | +$598K |
|
|
UFS
780
DELISTED
DOMTAR CORPORATION (New)
UFS
| $11.2M | 0.02% |
275,716
+14,900
| +6% | +$510K |
|
781
Rollins
ROL
$17.9B
| $11.2M | 0.02% |
926,249
-31,725
| -3% | -$376K |
|
782
Donaldson
DCI
$11.2B
| $11.2M | 0.02% |
349,700
+7,100
| +2% | +$208K |
|
783
Ares Capital
ARCC
$14.3B
| $11.2M | 0.02% |
751,900
-66,200
| -8% | -$912K |
|
784
Dorian LPG
LPG
$1.9B
| $11.2M | 0.02% |
1,186,900
-71,200
| -6% | -$735K |
|
785
Casey's General Stores
CASY
$31.6B
| $11.1M | 0.02% |
98,200
-11,840
| -11% | -$1.33M |
|
786
Live Nation Entertainment
LYV
$43B
| $11.1M | 0.02% |
498,740
-106,400
| -18% | -$2.33M |
|
787
MSC Industrial Direct
MSM
$6.87B
| $11.1M | 0.02% |
145,600
+2,000
| +1% | +$134K |
|
788
Southwest Gas
SWX
$6.56B
| $11.1M | 0.02% |
168,400
+5,700
| +4% | +$343K |
|
789
Rayonier
RYN
$6.52B
| $11.1M | 0.02% |
493,688
+22,375
| +5% | +$436K |
|
790
Dick's Sporting Goods
DKS
$19.2B
| $11M | 0.02% |
236,200
+3,400
| +1% | +$138K |
|
|
EEP
791
DELISTED
Enbridge Energy Partners
EEP
| $11M | 0.02% |
601,200
-65,139
| -10% | -$1.15M |
|
792
Patterson-UTI
PTEN
$4.19B
| $11M | 0.02% |
623,651
+22,500
| +4% | +$336K |
|
793
Urban Outfitters
URBN
$6.81B
| $11M | 0.02% |
331,500
-3,900
| -1% | -$103K |
|
794
Sprouts Farmers Market
SFM
$7.96B
| $11M | 0.02% |
377,500
-21,100
| -5% | -$544K |
|
795
Toll Brothers
TOL
$14B
| $11M | 0.02% |
371,400
-57,700
| -13% | -$1.61M |
|
796
Bankunited
BKU
$3.34B
| $10.9M | 0.02% |
317,600
-30,500
| -9% | -$1.02M |
|
797
Myriad Genetics
MYGN
$311M
| $10.9M | 0.02% |
290,800
-16,800
| -5% | -$633K |
|
|
LSI
798
DELISTED
Life Storage, Inc.
LSI
| $10.9M | 0.02% |
138,227
-10,650
| -7% | -$775K |
|
799
Lazard
LAZ
$4.16B
| $10.9M | 0.02% |
280,100
+3,500
| +1% | +$126K |
|
800
AMC Global Media
AMCX
$489M
| $10.9M | 0.02% |
167,300
-23,600
| -12% | -$1.62M |
|
Similar funds
California Public Employees Retirement System's Q1 2016 Portfolio in Review
As of Q1 2016, California Public Employees Retirement System held 3,700 positions worth $62B, down 1.9% from $63.3B the previous quarter. Its ten largest holdings account for 14% of the portfolio.
California Public Employees Retirement System's Q1 2016 filing shows 73 new, 1,092 increased, 1,697 reduced and 112 closed positions. Its largest new stake was Axalta: 370,700 shares worth $10.8M. The largest sale was CHUBB CORPORATION, an estimated $93.8M.
By sector, the portfolio is most concentrated in Financials at 15% of assets, down from 16% a quarter earlier, followed by Technology and Healthcare.
- California Public Employees Retirement System's largest Q1 2016 buy was Axalta: 370,700 shares worth $10.8M.
- California Public Employees Retirement System added most to Chubb in Q1 2016, an estimated $42.8M increase.
- California Public Employees Retirement System's biggest Q1 2016 reduction was Meta Platforms (Facebook), cutting an estimated $34.9M.
- California Public Employees Retirement System fully exited CHUBB CORPORATION in Q1 2016, selling an estimated $93.8M.
- California Public Employees Retirement System's ten largest holdings make up 14% of its $62B portfolio in Q1 2016.
- California Public Employees Retirement System opened 73 new positions and closed 112 in Q1 2016.
- California Public Employees Retirement System's portfolio value fell 1.9% quarter-over-quarter to $62B.
Based on California Public Employees Retirement System's 13F filing for Q1 2016, filed 4 May 2016.