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 |
Fortive
FTV
|
+$29.3M |
| 2 |
Johnson Controls International
JCI
|
+$24.1M |
| 3 |
Marriott International
MAR
|
+$21.6M |
| 4 |
Coty
COTY
|
+$21.3M |
| 5 |
Procter & Gamble
PG
|
+$21.1M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
EMC
EMC CORPORATION
EMC
|
+$132M |
| 2 |
Apple
AAPL
|
+$116M |
| 3 |
ExxonMobil
XOM
|
+$56.5M |
| 4 |
Comcast
CMCSA
|
+$50.3M |
| 5 |
JPMorgan Chase
JPM
|
+$50M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 15.66% |
| 2 | Technology | 14.7% |
| 3 | Healthcare | 13.18% |
| 4 | Industrials | 10.68% |
| 5 | Consumer Discretionary | 9.67% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1001
ITT
ITT
$18.9B
| $7.62M | 0.01% |
212,507
-27,300
| -11% | -$933K |
|
|
UMPQ
1002
DELISTED
Umpqua Holdings Corp
UMPQ
| $7.61M | 0.01% |
505,783
-5,300
| -1% | -$82.6K |
|
1003
Vipshop
VIPS
$7.4B
| $7.61M | 0.01% |
518,800
-35,500
| -6% | -$499K |
|
1004
AutoNation
AN
$6.88B
| $7.6M | 0.01% |
156,100
-3,500
| -2% | -$172K |
|
|
CATM
1005
DELISTED
Cardtronics plc Class A Ordinary Shares (UK)
CATM
| $7.6M | 0.01% |
170,500
-6,500
| -4% | -$286K |
|
1006
Energizer
ENR
$1.5B
| $7.6M | 0.01% |
152,033
-2,500
| -2% | -$123K |
|
1007
ATI
ATI
$31.1B
| $7.59M | 0.01% |
420,274
-6,000
| -1% | -$99.4K |
|
|
ISIL
1008
DELISTED
Intersil Corp
ISIL
| $7.58M | 0.01% |
345,800
-8,800
| -2% | -$152K |
|
|
N
1009
DELISTED
Netsuite Inc
N
| $7.58M | 0.01% |
68,500
-6,400
| -9% | -$645K |
|
|
CTB
1010
DELISTED
Cooper Tire & Rubber Co.
CTB
| $7.58M | 0.01% |
199,327
-2,100
| -1% | -$70.3K |
|
|
PFPT
1011
DELISTED
Proofpoint, Inc.
PFPT
| $7.58M | 0.01% |
101,200
-6,400
| -6% | -$472K |
|
1012
Littelfuse
LFUS
$11.6B
| $7.55M | 0.01% |
58,600
-7,400
| -11% | -$907K |
|
|
AXE
1013
DELISTED
Anixter International Inc
AXE
| $7.54M | 0.01% |
116,900
-5,200
| -4% | -$313K |
|
1014
Cedar Fair
FUN
$1.62B
| $7.54M | 0.01% |
131,600
-25,800
| -16% | -$1.53M |
|
1015
Avista
AVA
$3.2B
| $7.52M | 0.01% |
179,980
-11,500
| -6% | -$489K |
|
1016
Wintrust Financial
WTFC
$10.7B
| $7.5M | 0.01% |
135,000
-4,800
| -3% | -$258K |
|
1017
TD Synnex
SNX
$20.3B
| $7.49M | 0.01% |
131,200
-7,600
| -5% | -$392K |
|
1018
Texas Roadhouse
TXRH
$13.6B
| $7.48M | 0.01% |
191,700
-17,000
| -8% | -$760K |
|
|
ODP
1019
DELISTED
ODP
ODP
| $7.47M | 0.01% |
209,202
+23,220
| +12% | +$823K |
|
1020
Ryman Hospitality Properties
RHP
$7.57B
| $7.47M | 0.01% |
155,049
-5,900
| -4% | -$314K |
|
1021
National Health Investors
NHI
$3.59B
| $7.45M | 0.01% |
94,900
+400
| +0.4% | +$31.5K |
|
1022
Viasat
VSAT
$11.7B
| $7.44M | 0.01% |
99,700
-6,100
| -6% | -$452K |
|
|
LHO
1023
DELISTED
LaSalle Hotel Properties
LHO
| $7.43M | 0.01% |
311,459
+5,300
| +2% | +$140K |
|
1024
John Wiley & Sons Class A
WLY
$2.62B
| $7.43M | 0.01% |
143,946
-3,100
| -2% | -$170K |
|
1025
RLJ Lodging Trust
RLJ
$1.67B
| $7.43M | 0.01% |
353,100
-5,100
| -1% | -$116K |
|
Similar funds
California Public Employees Retirement System's Q3 2016 Portfolio in Review
As of Q3 2016, California Public Employees Retirement System held 3,593 positions worth $60.8B, down 1.5% from $61.8B the previous quarter. Its ten largest holdings account for 14% of the portfolio.
California Public Employees Retirement System withdrew a net $3.44B in Q3 2016, closing 113 positions and reducing 2,164 holdings. Its most notable exit was EMC CORPORATION, an estimated $132M position sold in full.
By sector, the portfolio is most concentrated in Financials at 16% of assets, up from 15% a quarter earlier, followed by Technology and Healthcare.
Against the trend, California Public Employees Retirement System opened a new position in Fortive worth $29.3M.
- California Public Employees Retirement System's largest Q3 2016 buy was Fortive: 912,923 shares worth $29.3M.
- California Public Employees Retirement System added most to Johnson Controls International in Q3 2016, an estimated $24.1M increase.
- California Public Employees Retirement System's biggest Q3 2016 reduction was Apple, cutting an estimated $116M.
- California Public Employees Retirement System fully exited EMC CORPORATION in Q3 2016, selling an estimated $132M.
- California Public Employees Retirement System's ten largest holdings make up 14% of its $60.8B portfolio in Q3 2016.
- California Public Employees Retirement System opened 28 new positions and closed 113 in Q3 2016.
- California Public Employees Retirement System's portfolio value fell 1.5% quarter-over-quarter to $60.8B.
Based on California Public Employees Retirement System's 13F filing for Q3 2016, filed 24 Oct 2016.