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 | |
|---|---|---|---|---|---|---|
1101
FirstCash
FCFS
$9.05B
| $6.42M | 0.01% |
139,500
-3,200
| -2% | -$129K |
|
1102
Guidewire Software
GWRE
$14.6B
| $6.42M | 0.01% |
117,900
-6,900
| -6% | -$361K |
|
1103
National Health Investors
NHI
$3.39B
| $6.42M | 0.01% |
96,500
-5,200
| -5% | -$321K |
|
|
HAWK
1104
DELISTED
Blackhawk Network Holdings, Inc. Common Stock
HAWK
| $6.42M | 0.01% |
187,100
+61,600
| +49% | +$2.24M |
|
|
CATM
1105
DELISTED
Cardtronics plc Class A Ordinary Shares (UK)
CATM
| $6.4M | 0.01% |
177,900
-9,400
| -5% | -$307K |
|
1106
Gaming and Leisure Properties
GLPI
$12.5B
| $6.4M | 0.01% |
207,000
-11,900
| -5% | -$323K |
|
1107
Clean Harbors
CLH
$16.5B
| $6.4M | 0.01% |
129,700
-9,000
| -6% | -$394K |
|
1108
American Homes 4 Rent
AMH
$12.3B
| $6.39M | 0.01% |
401,844
+16,644
| +4% | +$249K |
|
1109
WEX
WEX
$6.47B
| $6.38M | 0.01% |
76,600
-3,100
| -4% | -$224K |
|
1110
Oil States International
OIS
$531M
| $6.38M | 0.01% |
202,300
+31,300
| +18% | +$845K |
|
1111
Wintrust Financial
WTFC
$10.9B
| $6.37M | 0.01% |
143,700
+1,898
| +1% | +$81.3K |
|
1112
Louisiana-Pacific
LPX
$5.29B
| $6.35M | 0.01% |
371,000
-15,900
| -4% | -$251K |
|
|
APU
1113
DELISTED
AmeriGas Partners, L.P.
APU
| $6.34M | 0.01% |
145,800
-8,000
| -5% | -$317K |
|
|
WLL
1114
DELISTED
Whiting Petroleum Corporation
WLL
| $6.33M | 0.01% |
2,645
+703
| +36% | +$1.38M |
|
1115
Fabrinet
FN
$18.8B
| $6.31M | 0.01% |
195,100
+6,400
| +3% | +$172K |
|
|
COR
1116
DELISTED
Coresite Realty Corporation
COR
| $6.31M | 0.01% |
90,100
-7,900
| -8% | -$496K |
|
|
INFO
1117
DELISTED
IHS Markit Ltd. Common Shares
INFO
| $6.31M | 0.01% |
178,400
+144,200
| +422% | +$4.19M |
|
1118
Clearwater Paper
CLW
$368M
| $6.3M | 0.01% |
129,956
+5,800
| +5% | +$242K |
|
|
HZNP
1119
DELISTED
Horizon Therapeutics Public Limited Company Ordinary Shares
HZNP
| $6.3M | 0.01% |
380,400
-160,500
| -30% | -$2.81M |
|
1120
COPT Defense Properties
CDP
$4.14B
| $6.29M | 0.01% |
239,594
+5,300
| +2% | +$123K |
|
|
NUVA
1121
DELISTED
NuVasive, Inc.
NUVA
| $6.29M | 0.01% |
129,200
-2,800
| -2% | -$127K |
|
|
MDR
1122
DELISTED
McDermott International
MDR
| $6.28M | 0.01% |
511,967
+57,267
| +13% | +$544K |
|
|
PHH
1123
DELISTED
PHH Corporation
PHH
| $6.28M | 0.01% |
500,732
+119,500
| +31% | +$1.43M |
|
1124
Cracker Barrel
CBRL
$1.26B
| $6.28M | 0.01% |
41,100
-2,237
| -5% | -$309K |
|
|
AXE
1125
DELISTED
Anixter International Inc
AXE
| $6.27M | 0.01% |
120,300
+10,500
| +10% | +$493K |
|
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.