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 | |
|---|---|---|---|---|---|---|
|
MDSO
1076
DELISTED
Medidata Solutions, Inc.
MDSO
| $7.98M | 0.01% |
180,233
+7,809
| +5% | +$346K |
|
1077
Belden
BDC
$5.28B
| $7.96M | 0.01% |
124,383
+739
| +0.6% | +$53.5K |
|
|
FSL
1078
DELISTED
FREESCALE SEMICONDUCTOR LTD
FSL
| $7.92M | 0.01% |
405,278
-7,482
| -2% | -$160K |
|
|
TECD
1079
DELISTED
Tech Data Corp
TECD
| $7.88M | 0.01% |
133,900
-5,300
| -4% | -$343K |
|
|
CHMT
1080
DELISTED
Chemtura Corporation
CHMT
| $7.86M | 0.01% |
336,875
+2,500
| +0.7% | +$62K |
|
1081
iShares MSCI All Country Asia ex Japan ETF
AAXJ
$3.74B
| $7.84M | 0.01% |
127,904
| – | – |
|
|
WNR
1082
DELISTED
Western Refining Inc
WNR
| $7.84M | 0.01% |
186,760
-53,909
| -22% | -$2.33M |
|
1083
Euronet Worldwide
EEFT
$2.65B
| $7.82M | 0.01% |
163,535
+700
| +0.4% | +$34.9K |
|
1084
Rollins
ROL
$17.9B
| $7.79M | 0.01% |
897,966
+1,012
| +0.1% | +$8.85K |
|
|
IBKC
1085
DELISTED
IBERIABANK Corp
IBKC
| $7.79M | 0.01% |
124,610
-13,150
| -10% | -$868K |
|
1086
Diamondrock Hospitality Co
DRH
$2.48B
| $7.79M | 0.01% |
614,078
+3,500
| +0.6% | +$45.4K |
|
|
TEN
1087
DELISTED
Tenneco Inc. Class A Voting Common Stock
TEN
| $7.77M | 0.01% |
148,600
-8,371
| -5% | -$531K |
|
1088
Virtus Investment Partners
VRTS
$1.11B
| $7.77M | 0.01% |
44,730
+1,800
| +4% | +$366K |
|
1089
Carpenter Technology
CRS
$27.8B
| $7.76M | 0.01% |
171,939
+7,400
| +4% | +$408K |
|
1090
Idacorp
IDA
$8.08B
| $7.72M | 0.01% |
144,028
-12,600
| -8% | -$694K |
|
1091
Progress Software
PRGS
$1.78B
| $7.7M | 0.01% |
321,829
+36,667
| +13% | +$861K |
|
1092
WaFd
WAFD
$2.76B
| $7.68M | 0.01% |
377,452
-159,500
| -30% | -$3.41M |
|
|
MW
1093
DELISTED
THE MENS WAREHOUSE INC
MW
| $7.68M | 0.01% |
162,700
-2,300
| -1% | -$123K |
|
|
WGL
1094
DELISTED
Wgl Holdings
WGL
| $7.68M | 0.01% |
182,300
+5,300
| +3% | +$222K |
|
1095
Photronics
PLAB
$1.89B
| $7.67M | 0.01% |
953,400
+7,000
| +0.7% | +$59.2K |
|
|
DATA
1096
DELISTED
Tableau Software, Inc.
DATA
| $7.66M | 0.01% |
105,475
+95,715
| +981% | +$6.27M |
|
|
LSI
1097
DELISTED
Life Storage, Inc.
LSI
| $7.66M | 0.01% |
154,517
+450
| +0.3% | +$23.1K |
|
|
OPLN
1098
Openlane
OPLN
$4.58B
| $7.66M | 0.01% |
706,735
-1,321
| -0.2% | -$15.1K |
|
1099
Ziff Davis
ZD
$2B
| $7.65M | 0.01% |
178,250
-14,950
| -8% | -$663K |
|
|
CAVM
1100
DELISTED
Cavium, Inc.
CAVM
| $7.63M | 0.01% |
153,420
+15,580
| +11% | +$789K |
|
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.