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 |
Comcast
CMCSA
|
+$70M |
| 2 |
Voya Financial
VOYA
|
+$37.6M |
| 3 |
TWTR
Twitter, Inc.
TWTR
|
+$35M |
| 4 |
American Airlines Group
AAL
|
+$34.7M |
| 5 |
Warner Bros
WBD
|
+$22.5M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
EOG Resources
EOG
|
+$211M |
| 2 |
CMCSK
COMCAST CORP SPL A (NEW)
CMCSK
|
+$65.9M |
| 3 |
State Street SPDR S&P Emerging Markets Small Cap ETF
EWX
|
+$65M |
| 4 |
Apple
AAPL
|
+$61.5M |
| 5 |
ExxonMobil
XOM
|
+$36.8M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 15.84% |
| 2 | Technology | 13.76% |
| 3 | Healthcare | 12.46% |
| 4 | Industrials | 11.02% |
| 5 | Energy | 10.24% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
GWR
826
DELISTED
Genesee & Wyoming Inc.
GWR
| $13.5M | 0.02% |
128,418
+200
| +0.2% | +$19.7K |
|
|
TE
827
DELISTED
TECO ENERGY INC
TE
| $13.5M | 0.02% |
729,407
+29,800
| +4% | +$524K |
|
|
ATML
828
DELISTED
ATMEL CORP
ATML
| $13.5M | 0.02% |
1,435,956
-70,300
| -5% | -$588K |
|
829
CoStar Group
CSGP
$12.3B
| $13.4M | 0.02% |
849,520
-79,350
| -9% | -$1.29M |
|
|
MWV
830
DELISTED
MEADWESTVACO CORP
MWV
| $13.4M | 0.02% |
303,584
-129,600
| -30% | -$5.26M |
|
831
SM Energy
SM
$6.87B
| $13.4M | 0.02% |
159,644
-7,434
| -4% | -$570K |
|
832
Alexandria Real Estate Equities
ARE
$8.56B
| $13.4M | 0.02% |
172,855
-3,000
| -2% | -$225K |
|
|
VRE
833
DELISTED
Veris Residential
VRE
| $13.4M | 0.02% |
622,499
+24,700
| +4% | +$522K |
|
|
RGC
834
DELISTED
Regal Entertainment Group
RGC
| $13.4M | 0.02% |
633,600
-22,000
| -3% | -$430K |
|
|
INVX
835
Innovex International
INVX
$1.97B
| $13.3M | 0.02% |
122,028
-1,400
| -1% | -$150K |
|
836
Toro Company
TTC
$9.49B
| $13.3M | 0.02% |
419,000
-3,800
| -0.9% | -$121K |
|
|
WCG
837
DELISTED
Wellcare Health Plans, Inc.
WCG
| $13.3M | 0.02% |
178,251
-3,216
| -2% | -$229K |
|
|
SCG
838
DELISTED
Scana
SCG
| $13.3M | 0.02% |
247,311
+11,000
| +5% | +$571K |
|
|
WES
839
DELISTED
Western Gas Partners Lp
WES
| $13.3M | 0.02% |
173,660
-2,200
| -1% | -$156K |
|
|
IHS
840
DELISTED
IHS INC CL-A COM STK
IHS
| $13.2M | 0.02% |
97,271
-29,700
| -23% | -$3.71M |
|
841
Banco Bradesco
BBD
$36.7B
| $13.2M | 0.02% |
2,312,808
+983,136
| +74% | +$5.75M |
|
|
GXP
842
DELISTED
Great Plains Energy Incorporated
GXP
| $13.2M | 0.02% |
489,752
+1,500
| +0.3% | +$39.2K |
|
843
AptarGroup
ATR
$8.61B
| $13.1M | 0.02% |
195,180
-2,800
| -1% | -$186K |
|
|
AHL
844
DELISTED
ASPEN Insurance Holding Limited
AHL
| $13.1M | 0.02% |
287,900
+3,400
| +1% | +$152K |
|
845
CoreCivic
CXW
$3.19B
| $13M | 0.02% |
397,100
+52,800
| +15% | +$1.72M |
|
|
AWH
846
DELISTED
Allied World Assurance Co Hld Lt
AWH
| $13M | 0.02% |
343,000
-40,619
| -11% | -$1.48M |
|
847
Starwood Property Trust
STWD
$6.09B
| $13M | 0.02% |
546,800
+30,400
| +6% | +$724K |
|
848
Dana Inc
DAN
$3.06B
| $12.9M | 0.02% |
530,277
-14,700
| -3% | -$329K |
|
849
Graham Holdings Company
GHC
$5.02B
| $12.9M | 0.02% |
29,840
+8,658
| +41% | +$3.6M |
|
850
Assured Guaranty
AGO
$3.34B
| $12.9M | 0.02% |
528,392
-6,800
| -1% | -$169K |
|
Similar funds
California Public Employees Retirement System's Q2 2014 Portfolio in Review
As of Q2 2014, California Public Employees Retirement System held 3,876 positions worth $73.5B, up 5.1% from $70B the previous quarter. Its ten largest holdings account for 14% of the portfolio.
California Public Employees Retirement System's Q2 2014 filing shows 119 new, 1,121 increased, 1,295 reduced and 86 closed positions. Its largest new stake was Voya Financial: 1,053,140 shares worth $38.3M. The largest sale was EOG Resources, an estimated $211M.
By sector, the portfolio is most concentrated in Financials at 16% of assets, down from 16% a quarter earlier, followed by Technology and Healthcare.
- California Public Employees Retirement System's largest Q2 2014 buy was Voya Financial: 1,053,140 shares worth $38.3M.
- California Public Employees Retirement System added most to Comcast in Q2 2014, an estimated $70M increase.
- California Public Employees Retirement System's biggest Q2 2014 reduction was EOG Resources, cutting an estimated $211M.
- California Public Employees Retirement System fully exited Weatherford International plc in Q2 2014, selling an estimated $36.7M.
- California Public Employees Retirement System's ten largest holdings make up 14% of its $73.5B portfolio in Q2 2014.
- California Public Employees Retirement System opened 119 new positions and closed 86 in Q2 2014.
- California Public Employees Retirement System's portfolio value rose 5.1% quarter-over-quarter to $73.5B.
Based on California Public Employees Retirement System's 13F filing for Q2 2014, filed 14 Aug 2014.