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 |
Apollo Global Management
APO
|
+$733M |
| 2 |
Verizon
VZ
|
+$194M |
| 3 |
EOG Resources
EOG
|
+$189M |
| 4 |
Alphabet (Google) Class C
GOOG
|
+$55.3M |
| 5 |
Perrigo
PRGO
|
+$48.9M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P Emerging Markets Small Cap ETF
EWX
|
+$52.7M |
| 2 |
LIFE
LIFE TECHNOLOGIES CORP COM STK (DE)
LIFE
|
+$35.3M |
| 3 |
Vodafone
VOD
|
+$33.7M |
| 4 |
Voya Financial
VOYA
|
+$30.5M |
| 5 |
Walmart Inc
WMT
|
+$26.5M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 16.28% |
| 2 | Technology | 13.7% |
| 3 | Healthcare | 12.53% |
| 4 | Industrials | 11.17% |
| 5 | Energy | 9.75% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1176
Insulet
PODD
$9.91B
| $6.95M | 0.01% |
168,105
-1,295
| -0.8% | -$57.3K |
|
1177
Amkor Technology
AMKR
$13.1B
| $6.95M | 0.01% |
961,259
-126,800
| -12% | -$741K |
|
1178
Enerpac Tool Group
EPAC
$1.89B
| $6.95M | 0.01% |
203,500
+4,600
| +2% | +$159K |
|
|
CPWR
1179
DELISTED
COMPUWARE CORP
CPWR
| $6.94M | 0.01% |
713,192
-34,238
| -5% | -$346K |
|
1180
Highwoods Properties
HIW
$3.41B
| $6.92M | 0.01% |
180,796
+14,500
| +9% | +$538K |
|
1181
Synaptics
SYNA
$4.09B
| $6.91M | 0.01% |
116,213
+29,313
| +34% | +$1.74M |
|
1182
MGIC Investment
MTG
$6.21B
| $6.88M | 0.01% |
819,400
+298,800
| +57% | +$2.6M |
|
|
ACC
1183
DELISTED
American Campus Communities, Inc.
ACC
| $6.88M | 0.01% |
182,318
+11,400
| +7% | +$404K |
|
1184
Genesco
GCO
$419M
| $6.82M | 0.01% |
87,577
+358
| +0.4% | +$26K |
|
1185
Louisiana-Pacific
LPX
$5.2B
| $6.81M | 0.01% |
413,660
| – | – |
|
1186
Benchmark Electronics
BHE
$2.92B
| $6.8M | 0.01% |
291,242
-9,200
| -3% | -$215K |
|
1187
Clean Harbors
CLH
$16.4B
| $6.8M | 0.01% |
128,800
-16,307
| -11% | -$889K |
|
1188
Integer Holdings
ITGR
$4.25B
| $6.8M | 0.01% |
166,064
+1,755
| +1% | +$70.2K |
|
|
NRF
1189
DELISTED
NorthStar Realty Finance Corp.
NRF
| $6.79M | 0.01% |
229,878
+21,439
| +10% | +$631K |
|
1190
Petrobras
PBR
$118B
| $6.77M | 0.01% |
486,430
-393,391
| -45% | -$4.59M |
|
|
MIC
1191
DELISTED
Macquarie Infrastructure Holdings, LLC
MIC
| $6.76M | 0.01% |
121,435
+5,900
| +5% | +$323K |
|
|
EVHC
1192
DELISTED
Envision Healthcare Holdings Inc
EVHC
| $6.76M | 0.01% |
+69,105
| New | +$6.92M |
|
1193
Fortinet
FTNT
$120B
| $6.76M | 0.01% |
1,481,000
+139,000
| +10% | +$608K |
|
1194
Sanofi
SNY
$104B
| $6.76M | 0.01% |
128,708
-102,682
| -44% | -$5.2M |
|
1195
United Natural Foods
UNFI
$2.8B
| $6.75M | 0.01% |
99,870
+1,300
| +1% | +$92.7K |
|
1196
Power Integrations
POWI
$3.46B
| $6.75M | 0.01% |
211,630
-17,840
| -8% | -$541K |
|
|
PMT
1197
PennyMac Mortgage Investment
PMT
$818M
| $6.74M | 0.01% |
283,000
+7,500
| +3% | +$177K |
|
|
ENLK
1198
DELISTED
EnLink Midstream Partners, LP
ENLK
| $6.72M | 0.01% |
221,400
-105,900
| -32% | -$3.13M |
|
1199
Brookdale Senior Living
BKD
$3.27B
| $6.71M | 0.01% |
206,170
+88,940
| +76% | +$2.69M |
|
|
HSNI
1200
DELISTED
HSN, Inc.
HSNI
| $6.7M | 0.01% |
114,823
+9,500
| +9% | +$552K |
|
Similar funds
California Public Employees Retirement System's Q1 2014 Portfolio in Review
As of Q1 2014, California Public Employees Retirement System held 4,098 positions worth $70B, up 1.4% from $69B the previous quarter. Its ten largest holdings account for 13% of the portfolio.
California Public Employees Retirement System's Q1 2014 filing shows 121 new, 1,404 increased, 1,294 reduced and 336 closed positions. Its largest new stake was Perrigo: 310,076 shares worth $46M. The largest sale was State Street SPDR S&P Emerging Markets Small Cap ETF, an estimated $52.7M.
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 Q1 2014 buy was Perrigo: 310,076 shares worth $46M.
- California Public Employees Retirement System added most to Apollo Global Management in Q1 2014, an estimated $733M increase.
- California Public Employees Retirement System's biggest Q1 2014 reduction was State Street SPDR S&P Emerging Markets Small Cap ETF, cutting an estimated $52.7M.
- California Public Employees Retirement System fully exited LIFE TECHNOLOGIES CORP COM STK (DE) in Q1 2014, selling an estimated $35.3M.
- California Public Employees Retirement System's ten largest holdings make up 13% of its $70B portfolio in Q1 2014.
- California Public Employees Retirement System opened 121 new positions and closed 336 in Q1 2014.
- California Public Employees Retirement System's portfolio value rose 1.4% quarter-over-quarter to $70B.
Based on California Public Employees Retirement System's 13F filing for Q1 2014, filed 18 Apr 2014.