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 | |
|---|---|---|---|---|---|---|
|
SIX
1026
DELISTED
Six Flags Entertainment Corp.
SIX
| $8.75M | 0.01% |
254,500
-48,800
| -16% | -$1.84M |
|
|
NUAN
1027
DELISTED
Nuance Communications, Inc.
NUAN
| $8.74M | 0.01% |
655,232
-53,148
| -8% | -$789K |
|
1028
GATX Corp
GATX
$6.23B
| $8.72M | 0.01% |
149,437
-11,200
| -7% | -$723K |
|
|
SGEN
1029
DELISTED
Seagen Inc. Common Stock
SGEN
| $8.68M | 0.01% |
233,400
| – | – |
|
|
GNC
1030
DELISTED
GNC Holdings, Inc.
GNC
| $8.65M | 0.01% |
223,400
-35,700
| -14% | -$1.3M |
|
|
LNCO
1031
DELISTED
LINNCO LLC COM SHS REPSTG LTD LIABILITY
LNCO
| $8.59M | 0.01% |
296,548
+6,300
| +2% | +$190K |
|
1032
Telephone and Data Systems
TDS
$3.84B
| $8.55M | 0.01% |
356,947
+19,100
| +6% | +$485K |
|
1033
Saic
SAIC
$5.3B
| $8.54M | 0.01% |
193,113
-4,600
| -2% | -$202K |
|
|
DNKN
1034
DELISTED
Dunkin' Brands Group, Inc.
DNKN
| $8.53M | 0.01% |
190,394
-39,600
| -17% | -$1.76M |
|
|
CBL
1035
DELISTED
CBL& Associates Properties, Inc.
CBL
| $8.47M | 0.01% |
473,385
-7,500
| -2% | -$142K |
|
|
AL
1036
DELISTED
Air Lease Corp
AL
| $8.44M | 0.01% |
259,800
-8,464
| -3% | -$309K |
|
1037
Sensient Technologies
SXT
$5.51B
| $8.42M | 0.01% |
160,822
+200
| +0.1% | +$10.9K |
|
|
EQC
1038
DELISTED
Equity Commonwealth
EQC
| $8.42M | 0.01% |
327,470
+5,500
| +2% | +$147K |
|
1039
Southwest Gas
SWX
$6.56B
| $8.41M | 0.01% |
173,100
-11,700
| -6% | -$597K |
|
1040
Douglas Emmett
DEI
$1.93B
| $8.39M | 0.01% |
327,045
-16,900
| -5% | -$475K |
|
|
ORB
1041
DELISTED
ORBITAL SCIENCES CORP
ORB
| $8.38M | 0.01% |
301,416
-7,900
| -3% | -$217K |
|
|
CATM
1042
DELISTED
Cardtronics plc Class A Ordinary Shares (UK)
CATM
| $8.36M | 0.01% |
237,610
+1,500
| +0.6% | +$53.4K |
|
|
SVU
1043
DELISTED
SUPERVALU Inc.
SVU
| $8.34M | 0.01% |
133,243
-13,800
| -9% | -$887K |
|
|
MPT
1044
Medical Properties Trust
MPT
$2.48B
| $8.33M | 0.01% |
679,695
-15,318
| -2% | -$204K |
|
|
HRC
1045
DELISTED
HILL-ROM HOLDINGS, INC.
HRC
| $8.32M | 0.01% |
200,850
-31,167
| -13% | -$1.31M |
|
|
FWLT
1046
DELISTED
FOSTER WHEELER AG (SWITZERLAND)
FWLT
| $8.29M | 0.01% |
262,100
-4,600
| -2% | -$150K |
|
|
PHH
1047
DELISTED
PHH Corporation
PHH
| $8.26M | 0.01% |
369,317
+1,500
| +0.4% | +$35.5K |
|
|
GRA
1048
DELISTED
W.R. Grace & Co.
GRA
| $8.26M | 0.01% |
90,800
-25,200
| -22% | -$2.41M |
|
|
TQNT
1049
DELISTED
TRIQUINT SEMICONDUCTOR INC
TQNT
| $8.23M | 0.01% |
431,366
+57,700
| +15% | +$1.07M |
|
1050
RH
RH
$3.47B
| $8.22M | 0.01% |
103,390
-2,410
| -2% | -$201K |
|
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.