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 | |
|---|---|---|---|---|---|---|
|
IDTI
1151
DELISTED
Integrated Device Technology I
IDTI
| $7.1M | 0.01% |
445,308
+19,353
| +5% | +$301K |
|
1152
Tanger
SKT
$4.46B
| $7.09M | 0.01% |
216,800
+32,917
| +18% | +$1.14M |
|
1153
Emcor
EME
$35.9B
| $7.09M | 0.01% |
177,473
+5,600
| +3% | +$241K |
|
1154
Teekay
TK
$961M
| $7.05M | 0.01% |
106,300
+96,100
| +942% | +$5.65M |
|
1155
Murphy USA
MUSA
$10.2B
| $7.02M | 0.01% |
132,249
+1,000
| +0.8% | +$51.7K |
|
1156
ReWalk Robotics
LFWD
$21.6M
| $7M | 0.01% |
+98
| New | +$6.51M |
|
1157
Sun Communities
SUI
$14.5B
| $7M | 0.01% |
138,590
+23,442
| +20% | +$1.23M |
|
1158
NorthWestern Energy
NWE
$4.35B
| $7M | 0.01% |
154,212
-1,300
| -0.8% | -$62.5K |
|
|
HI
1159
DELISTED
Hillenbrand
HI
| $6.98M | 0.01% |
225,825
-1,200
| -0.5% | -$38.3K |
|
1160
MasTec
MTZ
$22B
| $6.97M | 0.01% |
227,591
-28,017
| -11% | -$833K |
|
1161
Cheesecake Factory
CAKE
$5.58B
| $6.94M | 0.01% |
152,606
-55,500
| -27% | -$2.49M |
|
|
RVBD
1162
DELISTED
RIVERBED TECHNOLOGY, INC COM
RVBD
| $6.92M | 0.01% |
373,300
-49,400
| -12% | -$929K |
|
|
TIVO
1163
DELISTED
Tivo Inc
TIVO
| $6.89M | 0.01% |
348,995
+9,600
| +3% | +$217K |
|
|
BEE
1164
DELISTED
STRATEGIC HOTELS & RESORTS, INC
BEE
| $6.89M | 0.01% |
591,519
-19,050
| -3% | -$224K |
|
1165
Nu Skin
NUS
$236M
| $6.88M | 0.01% |
152,793
+3,685
| +2% | +$196K |
|
|
CWEI
1166
DELISTED
Clayton Williams Energy, Inc.
CWEI
| $6.88M | 0.01% |
71,300
-2,700
| -4% | -$312K |
|
|
CMLP
1167
DELISTED
CRESTWOOD MIDSTREAM PARTNERS LP NEW UTS REP LTD PRT INT (DE)
CMLP
| $6.87M | 0.01% |
302,820
| – | – |
|
1168
Zurn Elkay Water Solutions
ZWS
$8.58B
| $6.86M | 0.01% |
500,731
+260,330
| +108% | +$3.58M |
|
1169
Sabesp
SBS
$17.8B
| $6.86M | 0.01% |
4,361,712
+904,253
| +26% | +$1.64M |
|
|
APU
1170
DELISTED
AmeriGas Partners, L.P.
APU
| $6.85M | 0.01% |
150,200
-600
| -0.4% | -$27.3K |
|
1171
New Jersey Resources
NJR
$5.51B
| $6.84M | 0.01% |
270,882
-7,552
| -3% | -$199K |
|
1172
Century Aluminum
CENX
$5.22B
| $6.81M | 0.01% |
262,180
-39,820
| -13% | -$877K |
|
|
WPG
1173
DELISTED
Washington Prime Group Inc.
WPG
| $6.8M | 0.01% |
43,214
-3,864
| -8% | -$654K |
|
1174
IQVIA
IQV
$40B
| $6.78M | 0.01% |
121,534
+39,264
| +48% | +$2.19M |
|
|
SCTY
1175
DELISTED
SolarCity Corporation
SCTY
| $6.78M | 0.01% |
113,712
+260
| +0.2% | +$17.9K |
|
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.