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 | |
|---|---|---|---|---|---|---|
851
Toll Brothers
TOL
$14.5B
| $9.7M | 0.02% |
360,400
-11,000
| -3% | -$309K |
|
852
Oceaneering
OII
$4.77B
| $9.68M | 0.02% |
324,100
+5,200
| +2% | +$170K |
|
853
Warner Bros
WBD
$67.1B
| $9.67M | 0.02% |
383,112
-11,500
| -3% | -$314K |
|
|
DO
854
DELISTED
Diamond Offshore Drilling
DO
| $9.65M | 0.02% |
396,545
+14,000
| +4% | +$334K |
|
855
Liberty Broadband Class C
LBRDK
$5.15B
| $9.63M | 0.02% |
160,500
+4,100
| +3% | +$239K |
|
|
THS
856
DELISTED
Treehouse Foods
THS
| $9.61M | 0.02% |
93,600
+10,400
| +13% | +$959K |
|
|
UFS
857
DELISTED
DOMTAR CORPORATION (New)
UFS
| $9.59M | 0.02% |
273,816
-1,900
| -0.7% | -$73.1K |
|
858
Armstrong World Industries
AWI
$7.84B
| $9.56M | 0.02% |
244,100
-14,200
| -5% | -$582K |
|
859
Urban Outfitters
URBN
$6.59B
| $9.55M | 0.02% |
347,400
+15,900
| +5% | +$457K |
|
|
BDN
860
Brandywine Realty Trust
BDN
$554M
| $9.55M | 0.02% |
568,551
+26,600
| +5% | +$406K |
|
|
SGEN
861
DELISTED
Seagen Inc. Common Stock
SGEN
| $9.55M | 0.02% |
236,300
-7,400
| -3% | -$281K |
|
862
Prosperity Bancshares
PB
$8.89B
| $9.55M | 0.02% |
187,216
-2,200
| -1% | -$111K |
|
863
Brunswick
BC
$5.28B
| $9.54M | 0.02% |
210,600
-6,200
| -3% | -$294K |
|
864
Axalta
AXTA
$8.17B
| $9.54M | 0.02% |
359,500
-11,200
| -3% | -$317K |
|
|
AFSI
865
DELISTED
AmTrust Financial Services, Inc.
AFSI
| $9.52M | 0.02% |
388,560
-26,700
| -6% | -$680K |
|
866
Texas Roadhouse
TXRH
$13.7B
| $9.52M | 0.02% |
208,700
-3,200
| -2% | -$142K |
|
|
CLC
867
DELISTED
Clarcor
CLC
| $9.48M | 0.02% |
155,900
-4,600
| -3% | -$269K |
|
868
Prestige Consumer Healthcare
PBH
$2.6B
| $9.44M | 0.02% |
170,300
-3,500
| -2% | -$193K |
|
869
AMC Global Media
AMCX
$489M
| $9.43M | 0.02% |
156,100
-11,200
| -7% | -$712K |
|
|
MSCC
870
DELISTED
Microsemi Corp
MSCC
| $9.43M | 0.02% |
288,500
-26,300
| -8% | -$900K |
|
871
RLI Corp
RLI
$5.89B
| $9.4M | 0.02% |
273,400
-4,200
| -2% | -$137K |
|
872
Leidos
LDOS
$17.3B
| $9.38M | 0.02% |
196,025
-18,500
| -9% | -$915K |
|
|
PRXL
873
DELISTED
Parexel International Corp
PRXL
| $9.36M | 0.02% |
148,900
-5,000
| -3% | -$309K |
|
874
Fulton Financial
FULT
$4.64B
| $9.34M | 0.02% |
692,000
-1,300
| -0.2% | -$17.8K |
|
875
Acadia Healthcare
ACHC
$2.94B
| $9.25M | 0.02% |
166,900
-4,700
| -3% | -$275K |
|
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.