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 | |
|---|---|---|---|---|---|---|
|
ATML
1001
DELISTED
ATMEL CORP
ATML
| $7.52M | 0.01% |
926,600
-96,500
| -9% | -$779K |
|
1002
Kirby Corp
KEX
$7.07B
| $7.46M | 0.01% |
123,700
-5,300
| -4% | -$289K |
|
1003
Trex
TREX
$5.01B
| $7.46M | 0.01% |
622,400
-12,400
| -2% | -$121K |
|
1004
Dana Inc
DAN
$3.29B
| $7.43M | 0.01% |
527,409
+19,800
| +4% | +$247K |
|
|
ARGO
1005
DELISTED
Argo Group International Holdings, Ltd.
ARGO
| $7.42M | 0.01% |
163,589
-5,945
| -4% | -$263K |
|
|
MIC
1006
DELISTED
Macquarie Infrastructure Holdings, LLC
MIC
| $7.41M | 0.01% |
109,900
-21,700
| -16% | -$1.38M |
|
|
SINA
1007
DELISTED
Sina Corp
SINA
| $7.4M | 0.01% |
156,300
-8,700
| -5% | -$391K |
|
|
BWLD
1008
DELISTED
Buffalo Wild Wings, Inc.
BWLD
| $7.4M | 0.01% |
49,987
-2,400
| -5% | -$367K |
|
1009
Jack in the Box
JACK
$351M
| $7.4M | 0.01% |
115,900
+2,500
| +2% | +$176K |
|
|
NTLS
1010
DELISTED
NTELOS HLDGS CORP COM
NTLS
| $7.39M | 0.01% |
803,850
+28,000
| +4% | +$257K |
|
|
MNDT
1011
DELISTED
Mandiant, Inc. Common Stock
MNDT
| $7.39M | 0.01% |
410,900
+279,000
| +212% | +$4.55M |
|
1012
Emcor
EME
$36.2B
| $7.36M | 0.01% |
151,500
+2,000
| +1% | +$91.2K |
|
1013
Vipshop
VIPS
$7.33B
| $7.36M | 0.01% |
571,600
+401,400
| +236% | +$5.04M |
|
1014
Ciena
CIEN
$55.1B
| $7.35M | 0.01% |
386,670
-4,800
| -1% | -$88.7K |
|
1015
ACI Worldwide
ACIW
$5.34B
| $7.35M | 0.01% |
353,560
+41,260
| +13% | +$777K |
|
|
AKRX
1016
DELISTED
Akorn Inc
AKRX
| $7.33M | 0.01% |
311,400
-18,800
| -6% | -$494K |
|
1017
SM Energy
SM
$7.55B
| $7.31M | 0.01% |
390,300
+87,900
| +29% | +$1.21M |
|
|
GNC
1018
DELISTED
GNC Holdings, Inc.
GNC
| $7.28M | 0.01% |
229,400
+9,600
| +4% | +$275K |
|
1019
Genesco
GCO
$421M
| $7.27M | 0.01% |
100,657
+6,800
| +7% | +$439K |
|
|
NATI
1020
DELISTED
National Instruments Corp
NATI
| $7.27M | 0.01% |
241,500
-12,500
| -5% | -$359K |
|
|
NGHC
1021
DELISTED
National General Holdings Corp
NGHC
| $7.26M | 0.01% |
336,500
-18,300
| -5% | -$369K |
|
1022
John Wiley & Sons Class A
WLY
$2.61B
| $7.26M | 0.01% |
148,546
+10,300
| +7% | +$450K |
|
1023
Nu Skin
NUS
$238M
| $7.23M | 0.01% |
189,100
+30,700
| +19% | +$1.02M |
|
|
LHO
1024
DELISTED
LaSalle Hotel Properties
LHO
| $7.22M | 0.01% |
285,259
-5,100
| -2% | -$121K |
|
|
THS
1025
DELISTED
Treehouse Foods
THS
| $7.22M | 0.01% |
83,200
-3,700
| -4% | -$296K |
|
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.