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 |
AGN
Allergan plc
AGN
|
+$53.1M |
| 2 |
WFT
Weatherford International plc
WFT
|
+$46.4M |
| 3 |
Liberty Media Series C
FWONK
|
+$27.6M |
| 4 |
Meta Platforms (Facebook)
META
|
+$23.4M |
| 5 |
Alibaba
BABA
|
+$22.5M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P Emerging Markets Small Cap ETF
EWX
|
+$103M |
| 2 |
FRX
FOREST LABORATORIES INC
FRX
|
+$73.6M |
| 3 |
ExxonMobil
XOM
|
+$45.5M |
| 4 |
HSH
HILLSHIRE BRANDS CO
HSH
|
+$38.7M |
| 5 |
Apple
AAPL
|
+$32.4M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 16% |
| 2 | Technology | 14.25% |
| 3 | Healthcare | 13.08% |
| 4 | Industrials | 10.72% |
| 5 | Energy | 9.57% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
PLCM
951
DELISTED
POLYCOM INC
PLCM
| $9.91M | 0.01% |
806,552
-80,200
| -9% | -$1.04M |
|
|
RFMD
952
DELISTED
RF MICRO DEVICES INC
RFMD
| $9.88M | 0.01% |
856,528
+72,628
| +9% | +$818K |
|
953
Timken Company
TKR
$8.77B
| $9.87M | 0.01% |
232,916
-173,773
| -43% | -$8M |
|
954
Televisa
TV
$1.52B
| $9.8M | 0.01% |
289,388
+78,367
| +37% | +$2.79M |
|
955
Landstar System
LSTR
$6.05B
| $9.8M | 0.01% |
135,700
-15,700
| -10% | -$1.06M |
|
|
BYI
956
DELISTED
BALLY TECHNOLOGIES, INC.
BYI
| $9.78M | 0.01% |
121,234
-11,100
| -8% | -$808K |
|
|
AFSI
957
DELISTED
AmTrust Financial Services, Inc.
AFSI
| $9.78M | 0.01% |
491,158
+18,800
| +4% | +$398K |
|
|
UFS
958
DELISTED
DOMTAR CORPORATION (New)
UFS
| $9.78M | 0.01% |
278,280
+200
| +0.1% | +$7.63K |
|
|
DHC
959
Diversified Healthcare Trust
DHC
$2.04B
| $9.77M | 0.01% |
471,310
-10,998
| -2% | -$249K |
|
|
CVA
960
DELISTED
Covanta Holding Corporation
CVA
| $9.77M | 0.01% |
460,400
+1,900
| +0.4% | +$39.6K |
|
961
Healthcare Services Group
HCSG
$1.5B
| $9.76M | 0.01% |
341,215
-1,000
| -0.3% | -$27.8K |
|
|
TMH
962
DELISTED
Team Health Holdings Inc
TMH
| $9.76M | 0.01% |
168,327
+3,087
| +2% | +$172K |
|
|
PAY
963
DELISTED
Verifone Systems Inc
PAY
| $9.75M | 0.01% |
283,541
| – | – |
|
964
Jack in the Box
JACK
$340M
| $9.73M | 0.01% |
142,759
-8,759
| -6% | -$527K |
|
|
ONIT
965
Onity Group
ONIT
$326M
| $9.72M | 0.01% |
24,743
-198
| -0.8% | -$89.5K |
|
966
Brookdale Senior Living
BKD
$3.27B
| $9.71M | 0.01% |
301,230
+85,060
| +39% | +$2.9M |
|
|
BMS
967
DELISTED
Bemis
BMS
| $9.7M | 0.01% |
255,087
-49,000
| -16% | -$1.95M |
|
|
TIBX
968
DELISTED
TIBCO SOFTWARE INC
TIBX
| $9.66M | 0.01% |
409,000
-76,500
| -16% | -$1.56M |
|
|
JNS
969
DELISTED
Janus Capital Group Inc
JNS
| $9.65M | 0.01% |
663,835
+78,785
| +13% | +$956K |
|
|
XLS
970
DELISTED
EXELIS INC COM STK
XLS
| $9.64M | 0.01% |
582,615
-40,830
| -7% | -$663K |
|
|
VVC
971
DELISTED
Vectren Corporation
VVC
| $9.56M | 0.01% |
239,728
-300
| -0.1% | -$12K |
|
972
Brunswick
BC
$5.21B
| $9.53M | 0.01% |
226,100
+3,700
| +2% | +$157K |
|
|
CST
973
DELISTED
CST Brands, Inc.
CST
| $9.5M | 0.01% |
264,131
+14,300
| +6% | +$495K |
|
|
HOLI
974
DELISTED
Hollsys Automation Technologies INTERNATIONAL, LTD. COMMON (British Virgin Island)
HOLI
| $9.47M | 0.01% |
421,287
-15,852
| -4% | -$356K |
|
975
Dolby
DLB
$5.82B
| $9.43M | 0.01% |
225,700
-300
| -0.1% | -$13.3K |
|
Similar funds
California Public Employees Retirement System's Q3 2014 Portfolio in Review
As of Q3 2014, California Public Employees Retirement System held 3,865 positions worth $72.4B, down 1.6% from $73.5B the previous quarter. Its ten largest holdings account for 14% of the portfolio.
Trading was light in Q3 2014: portfolio turnover was 4.3%. California Public Employees Retirement System opened 75 new positions and exited 91, leaving the 3,865-position portfolio largely intact.
By sector, the portfolio is most concentrated in Financials at 16% of assets, up from 16% a quarter earlier, followed by Technology and Healthcare.
- California Public Employees Retirement System's largest Q3 2014 buy was Weatherford International plc: 2,064,346 shares worth $42.9M.
- California Public Employees Retirement System added most to Allergan plc in Q3 2014, an estimated $53.1M increase.
- California Public Employees Retirement System's biggest Q3 2014 reduction was State Street SPDR S&P Emerging Markets Small Cap ETF, cutting an estimated $103M.
- California Public Employees Retirement System fully exited FOREST LABORATORIES INC in Q3 2014, selling an estimated $73.6M.
- California Public Employees Retirement System's ten largest holdings make up 14% of its $72.4B portfolio in Q3 2014.
- California Public Employees Retirement System opened 75 new positions and closed 91 in Q3 2014.
- California Public Employees Retirement System's portfolio value fell 1.6% quarter-over-quarter to $72.4B.
Based on California Public Employees Retirement System's 13F filing for Q3 2014, filed 7 Nov 2014.