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 |
Comcast
CMCSA
|
+$70M |
| 2 |
Voya Financial
VOYA
|
+$37.6M |
| 3 |
TWTR
Twitter, Inc.
TWTR
|
+$35M |
| 4 |
American Airlines Group
AAL
|
+$34.7M |
| 5 |
Warner Bros
WBD
|
+$22.5M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
EOG Resources
EOG
|
+$211M |
| 2 |
CMCSK
COMCAST CORP SPL A (NEW)
CMCSK
|
+$65.9M |
| 3 |
State Street SPDR S&P Emerging Markets Small Cap ETF
EWX
|
+$65M |
| 4 |
Apple
AAPL
|
+$61.5M |
| 5 |
ExxonMobil
XOM
|
+$36.8M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 15.84% |
| 2 | Technology | 13.76% |
| 3 | Healthcare | 12.46% |
| 4 | Industrials | 11.01% |
| 5 | Energy | 10.24% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
VR
1051
DELISTED
Validus Hold Ltd
VR
| $8.96M | 0.01% |
234,297
-53,512
| -19% | -$1.99M |
|
1052
Sensient Technologies
SXT
$5.53B
| $8.95M | 0.01% |
160,622
-1,425
| -0.9% | -$77.4K |
|
|
ANN
1053
DELISTED
ANN INC
ANN
| $8.94M | 0.01% |
217,400
-8,753
| -4% | -$349K |
|
1054
RLJ Lodging Trust
RLJ
$1.66B
| $8.93M | 0.01% |
309,030
+8,700
| +3% | +$236K |
|
|
SGEN
1055
DELISTED
Seagen Inc. Common Stock
SGEN
| $8.93M | 0.01% |
233,400
-4,100
| -2% | -$155K |
|
|
SYA
1056
DELISTED
SYMETRA FINANCIAL CORPORATION COMMON STOCK
SYA
| $8.92M | 0.01% |
392,300
-11,100
| -3% | -$233K |
|
1057
Insight Enterprises
NSIT
$4.45B
| $8.87M | 0.01% |
288,620
-10,700
| -4% | -$296K |
|
|
SF
1058
Stifel
SF
$12.7B
| $8.87M | 0.01% |
421,567
| – | – |
|
|
CYN
1059
DELISTED
CITY NATIONAL CORPORATION
CYN
| $8.87M | 0.01% |
117,058
-5,300
| -4% | -$393K |
|
1060
Chemed
CHE
$7.2B
| $8.86M | 0.01% |
94,510
-600
| -0.6% | -$53.2K |
|
1061
Ionis Pharmaceuticals
IONS
$9.56B
| $8.85M | 0.01% |
256,800
+44,900
| +21% | +$1.41M |
|
1062
Carter's
CRI
$1.5B
| $8.84M | 0.01% |
128,300
-2,100
| -2% | -$153K |
|
|
GNC
1063
DELISTED
GNC Holdings, Inc.
GNC
| $8.84M | 0.01% |
259,100
+22,379
| +9% | +$892K |
|
1064
Telephone and Data Systems
TDS
$3.77B
| $8.82M | 0.01% |
337,847
-38,600
| -10% | -$1.02M |
|
1065
Gran Tierra Energy
GTE
$327M
| $8.8M | 0.01% |
108,415
+1,475
| +1% | +$109K |
|
1066
Leidos
LDOS
$17.6B
| $8.8M | 0.01% |
229,550
-8,575
| -4% | -$325K |
|
1067
Bio-Techne
TECH
$11.3B
| $8.79M | 0.01% |
379,880
-6,000
| -2% | -$133K |
|
1068
Yelp
YELP
$1.35B
| $8.78M | 0.01% |
114,435
-418
| -0.4% | -$27.2K |
|
|
CHMT
1069
DELISTED
Chemtura Corporation
CHMT
| $8.74M | 0.01% |
334,375
-2,065
| -0.6% | -$50.9K |
|
1070
Saic
SAIC
$5.35B
| $8.73M | 0.01% |
197,713
+13,700
| +7% | +$541K |
|
|
TXNM
1071
TXNM Energy Inc
TXNM
$5.91B
| $8.72M | 0.01% |
297,336
+300
| +0.1% | +$8.38K |
|
|
RVBD
1072
DELISTED
RIVERBED TECHNOLOGY, INC COM
RVBD
| $8.72M | 0.01% |
422,700
-1,800
| -0.4% | -$35.6K |
|
|
TIME
1073
DELISTED
Time Inc.
TIME
| $8.71M | 0.01% |
+359,660
| New | +$8.42M |
|
|
TECD
1074
DELISTED
Tech Data Corp
TECD
| $8.7M | 0.01% |
139,200
-2,700
| -2% | -$167K |
|
1075
Teleflex
TFX
$6B
| $8.7M | 0.01% |
82,400
+3,000
| +4% | +$315K |
|
Similar funds
California Public Employees Retirement System's Q2 2014 Portfolio in Review
As of Q2 2014, California Public Employees Retirement System held 3,876 positions worth $73.5B, up 5.1% from $70B the previous quarter. Its ten largest holdings account for 14% of the portfolio.
California Public Employees Retirement System's Q2 2014 filing shows 119 new, 1,121 increased, 1,295 reduced and 86 closed positions. Its largest new stake was Voya Financial: 1,053,140 shares worth $38.3M. The largest sale was EOG Resources, an estimated $211M.
By sector, the portfolio is most concentrated in Financials at 16% of assets, down from 16% a quarter earlier, followed by Technology and Healthcare.
- California Public Employees Retirement System's largest Q2 2014 buy was Voya Financial: 1,053,140 shares worth $38.3M.
- California Public Employees Retirement System added most to Comcast in Q2 2014, an estimated $70M increase.
- California Public Employees Retirement System's biggest Q2 2014 reduction was EOG Resources, cutting an estimated $211M.
- California Public Employees Retirement System fully exited Weatherford International plc in Q2 2014, selling an estimated $36.7M.
- California Public Employees Retirement System's ten largest holdings make up 14% of its $73.5B portfolio in Q2 2014.
- California Public Employees Retirement System opened 119 new positions and closed 86 in Q2 2014.
- California Public Employees Retirement System's portfolio value rose 5.1% quarter-over-quarter to $73.5B.
Based on California Public Employees Retirement System's 13F filing for Q2 2014, filed 14 Aug 2014.