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 | |
|---|---|---|---|---|---|---|
1126
ScottsMiracle-Gro
SMG
$3.63B
| $7.35M | 0.01% |
133,700
-16,100
| -11% | -$905K |
|
|
FEIC
1127
DELISTED
FEI COMPANY
FEIC
| $7.34M | 0.01% |
97,300
-2,508
| -3% | -$211K |
|
1128
Vail Resorts
MTN
$5.21B
| $7.34M | 0.01% |
84,570
+4,470
| +6% | +$355K |
|
1129
Radian Group
RDN
$4.87B
| $7.33M | 0.01% |
513,842
+168,500
| +49% | +$2.36M |
|
1130
RLI Corp
RLI
$5.83B
| $7.33M | 0.01% |
338,444
-6,800
| -2% | -$152K |
|
1131
Valmont Industries
VMI
$9.5B
| $7.31M | 0.01% |
54,200
| – | – |
|
1132
Gran Tierra Energy
GTE
$317M
| $7.31M | 0.01% |
131,975
+23,560
| +22% | +$1.57M |
|
1133
Highwoods Properties
HIW
$3.41B
| $7.29M | 0.01% |
187,396
+600
| +0.3% | +$25K |
|
|
PNY
1134
DELISTED
PIEDMONT NATURAL GAS CO INC(NC
PNY
| $7.29M | 0.01% |
217,393
+18,800
| +9% | +$675K |
|
1135
Curtiss-Wright
CW
$25.6B
| $7.28M | 0.01% |
110,440
-15,100
| -12% | -$1.02M |
|
|
ISIL
1136
DELISTED
Intersil Corp
ISIL
| $7.28M | 0.01% |
512,250
-64,400
| -11% | -$935K |
|
1137
Marriott Vacations Worldwide
VAC
$3.89B
| $7.26M | 0.01% |
114,530
-400
| -0.3% | -$23.7K |
|
1138
Hancock Whitney
HWC
$6.21B
| $7.26M | 0.01% |
226,517
+46,500
| +26% | +$1.55M |
|
|
MDP
1139
DELISTED
Meredith Corporation
MDP
| $7.26M | 0.01% |
169,610
+1,000
| +0.6% | +$46.6K |
|
1140
Bio-Rad Laboratories Class A
BIO
$9.48B
| $7.24M | 0.01% |
63,839
+1,000
| +2% | +$118K |
|
|
SPLK
1141
DELISTED
Splunk Inc
SPLK
| $7.2M | 0.01% |
130,035
+425
| +0.3% | +$21.2K |
|
1142
Fulton Financial
FULT
$4.6B
| $7.18M | 0.01% |
647,700
+6,600
| +1% | +$76.7K |
|
1143
Littelfuse
LFUS
$11.6B
| $7.18M | 0.01% |
84,240
+300
| +0.4% | +$27.4K |
|
|
PPS
1144
DELISTED
Post Properties
PPS
| $7.15M | 0.01% |
139,296
-4,600
| -3% | -$249K |
|
1145
Cedar Fair
FUN
$1.62B
| $7.12M | 0.01% |
150,700
+100
| +0.1% | +$4.98K |
|
|
PVTB
1146
DELISTED
PrivateBancorp Inc
PVTB
| $7.12M | 0.01% |
238,000
+24,800
| +12% | +$729K |
|
|
FCS
1147
DELISTED
FAIRCHILD SEMICONDUCTOR INTL INC COMMON
FCS
| $7.11M | 0.01% |
457,941
+395,820
| +637% | +$6.39M |
|
|
CYBX
1148
DELISTED
CYBERONICS INC
CYBX
| $7.11M | 0.01% |
138,928
+700
| +0.5% | +$40.4K |
|
|
KS
1149
DELISTED
KapStone Paper and Pack Corp.
KS
| $7.11M | 0.01% |
254,070
+200
| +0.1% | +$6.08K |
|
|
ACH
1150
Accendra Health
ACH
$107M
| $7.1M | 0.01% |
216,956
+7,200
| +3% | +$245K |
|
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.