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 | |
|---|---|---|---|---|---|---|
1026
COPT Defense Properties
CDP
$4.14B
| $7.42M | 0.01% |
261,794
-1,700
| -0.6% | -$49.1K |
|
|
POLY
1027
DELISTED
Plantronics, Inc.
POLY
| $7.42M | 0.01% |
142,800
-2,100
| -1% | -$103K |
|
1028
Sunstone Hotel Investors
SHO
$2.01B
| $7.41M | 0.01% |
579,439
-22,800
| -4% | -$299K |
|
1029
Century Aluminum
CENX
$5.14B
| $7.41M | 0.01% |
1,066,100
-18,700
| -2% | -$128K |
|
|
ORBK
1030
DELISTED
Orbotech Ltd
ORBK
| $7.37M | 0.01% |
248,800
+8,800
| +4% | +$250K |
|
|
MDRX
1031
DELISTED
Veradigm Inc. Common Stock
MDRX
| $7.36M | 0.01% |
558,700
-51,000
| -8% | -$682K |
|
|
WIN
1032
DELISTED
Windstream Holdings Inc
WIN
| $7.36M | 0.01% |
146,397
-13,780
| -9% | -$631K |
|
|
CBI
1033
DELISTED
Chicago Bridge & Iron Nv
CBI
| $7.35M | 0.01% |
262,300
+4,600
| +2% | +$149K |
|
|
STMP
1034
DELISTED
Stamps.com, Inc.
STMP
| $7.33M | 0.01% |
77,500
-4,700
| -6% | -$407K |
|
|
ESL
1035
DELISTED
Esterline Technologies
ESL
| $7.32M | 0.01% |
96,300
+100
| +0.1% | +$7.02K |
|
|
NE
1036
DELISTED
Noble Corporation
NE
| $7.32M | 0.01% |
1,154,919
+106,400
| +10% | +$715K |
|
1037
Ciena
CIEN
$54.9B
| $7.3M | 0.01% |
335,070
-30,800
| -8% | -$642K |
|
|
NUAN
1038
DELISTED
Nuance Communications, Inc.
NUAN
| $7.29M | 0.01% |
580,388
-37,075
| -6% | -$486K |
|
|
DFT
1039
DELISTED
DuPont Fabros Technology Inc.
DFT
| $7.25M | 0.01% |
175,881
-9,200
| -5% | -$415K |
|
1040
KBR
KBR
$4.83B
| $7.24M | 0.01% |
478,736
-59,700
| -11% | -$878K |
|
|
LNCE
1041
DELISTED
Snyders-Lance, Inc.
LNCE
| $7.24M | 0.01% |
215,495
-20,200
| -9% | -$700K |
|
|
TWO
1042
Two Harbors Investment
TWO
$1.26B
| $7.23M | 0.01% |
105,938
-8,825
| -8% | -$621K |
|
|
NAV
1043
DELISTED
Navistar International
NAV
| $7.23M | 0.01% |
315,700
+1,200
| +0.4% | +$18.3K |
|
1044
Cimpress
CMPR
$2.3B
| $7.22M | 0.01% |
71,400
-4,200
| -6% | -$410K |
|
|
P
1045
DELISTED
Pandora Media Inc
P
| $7.2M | 0.01% |
502,500
-34,300
| -6% | -$463K |
|
1046
Rithm Capital
RITM
$5.65B
| $7.19M | 0.01% |
520,550
-15,400
| -3% | -$215K |
|
|
HR
1047
DELISTED
Healthcare Realty Trust Incorporated
HR
| $7.18M | 0.01% |
210,675
-3,700
| -2% | -$130K |
|
|
WGL
1048
DELISTED
Wgl Holdings
WGL
| $7.16M | 0.01% |
114,200
-4,500
| -4% | -$299K |
|
|
CBL
1049
DELISTED
CBL& Associates Properties, Inc.
CBL
| $7.16M | 0.01% |
589,685
-6,800
| -1% | -$82.8K |
|
1050
Mueller Water Products
MWA
$4.07B
| $7.15M | 0.01% |
569,800
-13,800
| -2% | -$165K |
|
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.