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 | |
|---|---|---|---|---|---|---|
1151
Energizer
ENR
$1.51B
| $5.99M | 0.01% |
147,933
-700
| -0.5% | -$25.6K |
|
|
HR
1152
DELISTED
Healthcare Realty Trust Incorporated
HR
| $5.99M | 0.01% |
194,019
-300
| -0.2% | -$8.72K |
|
1153
Selective Insurance
SIGI
$5.64B
| $5.98M | 0.01% |
163,439
-24,000
| -13% | -$795K |
|
1154
Tetra Tech
TTEK
$9.11B
| $5.98M | 0.01% |
1,002,500
-116,000
| -10% | -$617K |
|
|
ESL
1155
DELISTED
Esterline Technologies
ESL
| $5.98M | 0.01% |
93,300
+8,100
| +10% | +$533K |
|
1156
Marriott Vacations Worldwide
VAC
$4.01B
| $5.97M | 0.01% |
88,500
+200
| +0.2% | +$11.3K |
|
1157
Applied Industrial Technologies
AIT
$13.2B
| $5.96M | 0.01% |
137,400
+400
| +0.3% | +$15.8K |
|
1158
Post Holdings
POST
$3.56B
| $5.96M | 0.01% |
132,325
-17,877
| -12% | -$754K |
|
|
PFPT
1159
DELISTED
Proofpoint, Inc.
PFPT
| $5.95M | 0.01% |
110,700
+81,300
| +277% | +$4.15M |
|
1160
Hyatt Hotels
H
$16.3B
| $5.95M | 0.01% |
120,191
-7,700
| -6% | -$334K |
|
1161
Brink's
BCO
$4.7B
| $5.95M | 0.01% |
177,057
-7,900
| -4% | -$232K |
|
1162
Spectrum Brands
SPB
$2.03B
| $5.95M | 0.01% |
54,400
| – | – |
|
1163
Enovis
ENOV
$1.43B
| $5.94M | 0.01% |
120,674
-7,959
| -6% | -$339K |
|
1164
Benchmark Electronics
BHE
$2.95B
| $5.93M | 0.01% |
257,372
+6,900
| +3% | +$146K |
|
|
S
1165
DELISTED
Sprint Corporation
S
| $5.91M | 0.01% |
1,699,400
-102,000
| -6% | -$326K |
|
|
HTS
1166
DELISTED
HATTERAS FINANCIAL CORP
HTS
| $5.9M | 0.01% |
412,500
+42,700
| +12% | +$562K |
|
|
CYS
1167
DELISTED
CYS Investments Inc.
CYS
| $5.88M | 0.01% |
722,300
+34,000
| +5% | +$251K |
|
|
MRC
1168
DELISTED
MRC Global
MRC
| $5.87M | 0.01% |
446,500
+29,200
| +7% | +$336K |
|
|
GES
1169
DELISTED
Guess Inc
GES
| $5.86M | 0.01% |
312,134
+37,900
| +14% | +$729K |
|
1170
Radian Group
RDN
$4.91B
| $5.86M | 0.01% |
472,500
+20,000
| +4% | +$227K |
|
1171
Strategy Inc
MSTR
$37.9B
| $5.84M | 0.01% |
325,000
-2,000
| -0.6% | -$32.4K |
|
1172
Integra LifeSciences
IART
$1.35B
| $5.84M | 0.01% |
173,400
-2,200
| -1% | -$68.5K |
|
1173
Coeur Mining
CDE
$18.8B
| $5.81M | 0.01% |
1,034,400
+193,800
| +23% | +$671K |
|
1174
Belden
BDC
$5.24B
| $5.81M | 0.01% |
94,600
-9,600
| -9% | -$474K |
|
1175
Zillow
Z
$7.69B
| $5.79M | 0.01% |
244,000
-14,700
| -6% | -$307K |
|
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.