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 |
Chubb
CB
|
+$42.8M |
| 2 |
Broadcom
AVGO
|
+$35.4M |
| 3 |
Chevron
CVX
|
+$26M |
| 4 |
Weyerhaeuser
WY
|
+$23.4M |
| 5 |
Dentsply Sirona
XRAY
|
+$20.2M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
CB
CHUBB CORPORATION
CB
|
+$93.8M |
| 2 |
PCP
PRECISION CASTPARTS CORP
PCP
|
+$83.3M |
| 3 |
BRCM
BROADCOM CORP CL-A
BRCM
|
+$79.2M |
| 4 |
Meta Platforms (Facebook)
META
|
+$34.9M |
| 5 |
Alphabet (Google) Class C
GOOG
|
+$34.3M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 15.29% |
| 2 | Technology | 14.48% |
| 3 | Healthcare | 13.34% |
| 4 | Industrials | 10.9% |
| 5 | Consumer Discretionary | 9.91% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
SVU
1076
DELISTED
SUPERVALU Inc.
SVU
| $6.56M | 0.01% |
162,757
+103,300
| +174% | +$3.68M |
|
|
MDP
1077
DELISTED
Meredith Corporation
MDP
| $6.55M | 0.01% |
138,000
+2,900
| +2% | +$123K |
|
|
CMD
1078
DELISTED
Cantel Medical Corporation
CMD
| $6.54M | 0.01% |
91,700
-1,500
| -2% | -$94.2K |
|
1079
New York Times
NYT
$10.2B
| $6.54M | 0.01% |
524,678
-3,500
| -0.7% | -$44.3K |
|
1080
InterDigital
IDCC
$8.94B
| $6.53M | 0.01% |
117,400
+4,800
| +4% | +$232K |
|
1081
Genesis Energy
GEL
$1.9B
| $6.53M | 0.01% |
205,400
-18,000
| -8% | -$500K |
|
|
GWR
1082
DELISTED
Genesee & Wyoming Inc.
GWR
| $6.53M | 0.01% |
104,100
-6,200
| -6% | -$340K |
|
1083
Black Hills Corp
BKH
$5.56B
| $6.52M | 0.01% |
108,500
-14,800
| -12% | -$790K |
|
1084
Maximus
MMS
$2.85B
| $6.52M | 0.01% |
123,862
-15,800
| -11% | -$806K |
|
|
WIN
1085
DELISTED
Windstream Holdings Inc
WIN
| $6.51M | 0.01% |
169,497
+44,720
| +36% | +$1.45M |
|
|
ESGR
1086
DELISTED
Enstar Group
ESGR
| $6.5M | 0.01% |
40,000
-1,200
| -3% | -$186K |
|
1087
Papa John's
PZZA
$782M
| $6.5M | 0.01% |
120,000
-9,600
| -7% | -$505K |
|
1088
Apple Hospitality REIT
APLE
$3.7B
| $6.5M | 0.01% |
328,100
-19,200
| -6% | -$368K |
|
|
TWO
1089
Two Harbors Investment
TWO
$1.26B
| $6.5M | 0.01% |
102,338
+3,375
| +3% | +$209K |
|
|
DFT
1090
DELISTED
DuPont Fabros Technology Inc.
DFT
| $6.5M | 0.01% |
160,381
-1,700
| -1% | -$59K |
|
1091
Valley National Bancorp
VLY
$8.13B
| $6.49M | 0.01% |
680,539
+5,300
| +0.8% | +$48.1K |
|
|
JNS
1092
DELISTED
Janus Capital Group Inc
JNS
| $6.49M | 0.01% |
443,600
+9,000
| +2% | +$117K |
|
|
BRSL
1093
Brightstar Lottery PLC
BRSL
$2.06B
| $6.49M | 0.01% |
355,524
-21,300
| -6% | -$324K |
|
|
GPT
1094
DELISTED
Gramercy Property Trust
GPT
| $6.47M | 0.01% |
255,331
-24,980
| -9% | -$561K |
|
|
DBD
1095
DELISTED
Diebold Nixdorf Incorporated
DBD
| $6.47M | 0.01% |
223,700
+10,200
| +5% | +$267K |
|
1096
ATI
ATI
$31.2B
| $6.46M | 0.01% |
396,574
+58,100
| +17% | +$708K |
|
|
CRAY
1097
DELISTED
Cray, Inc.
CRAY
| $6.46M | 0.01% |
154,200
-9,300
| -6% | -$355K |
|
|
MLNX
1098
DELISTED
Mellanox Technologies, Ltd.
MLNX
| $6.45M | 0.01% |
118,800
-7,100
| -6% | -$329K |
|
1099
The GEO Group
GEO
$4.15B
| $6.45M | 0.01% |
279,000
-6,300
| -2% | -$123K |
|
|
EE
1100
DELISTED
El Paso Electric Company
EE
| $6.45M | 0.01% |
140,550
-1,200
| -0.8% | -$49.3K |
|
Similar funds
California Public Employees Retirement System's Q1 2016 Portfolio in Review
As of Q1 2016, California Public Employees Retirement System held 3,700 positions worth $62B, down 1.9% from $63.3B the previous quarter. Its ten largest holdings account for 14% of the portfolio.
California Public Employees Retirement System's Q1 2016 filing shows 73 new, 1,092 increased, 1,697 reduced and 112 closed positions. Its largest new stake was Axalta: 370,700 shares worth $10.8M. The largest sale was CHUBB CORPORATION, an estimated $93.8M.
By sector, the portfolio is most concentrated in Financials at 15% of assets, down from 16% a quarter earlier, followed by Technology and Healthcare.
- California Public Employees Retirement System's largest Q1 2016 buy was Axalta: 370,700 shares worth $10.8M.
- California Public Employees Retirement System added most to Chubb in Q1 2016, an estimated $42.8M increase.
- California Public Employees Retirement System's biggest Q1 2016 reduction was Meta Platforms (Facebook), cutting an estimated $34.9M.
- California Public Employees Retirement System fully exited CHUBB CORPORATION in Q1 2016, selling an estimated $93.8M.
- California Public Employees Retirement System's ten largest holdings make up 14% of its $62B portfolio in Q1 2016.
- California Public Employees Retirement System opened 73 new positions and closed 112 in Q1 2016.
- California Public Employees Retirement System's portfolio value fell 1.9% quarter-over-quarter to $62B.
Based on California Public Employees Retirement System's 13F filing for Q1 2016, filed 4 May 2016.