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 |
Comcast
CMCSA
|
+$70M |
| 2 |
Voya Financial
VOYA
|
+$37.6M |
| 3 |
TWTR
Twitter, Inc.
TWTR
|
+$35M |
| 4 |
American Airlines Group
AAL
|
+$34.7M |
| 5 |
Warner Bros
WBD
|
+$22.5M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
EOG Resources
EOG
|
+$211M |
| 2 |
CMCSK
COMCAST CORP SPL A (NEW)
CMCSK
|
+$65.9M |
| 3 |
State Street SPDR S&P Emerging Markets Small Cap ETF
EWX
|
+$65M |
| 4 |
Apple
AAPL
|
+$61.5M |
| 5 |
ExxonMobil
XOM
|
+$36.8M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 15.84% |
| 2 | Technology | 13.76% |
| 3 | Healthcare | 12.46% |
| 4 | Industrials | 11.01% |
| 5 | Energy | 10.24% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
HTS
1201
DELISTED
HATTERAS FINANCIAL CORP
HTS
| $6.9M | 0.01% |
348,200
+4,800
| +1% | +$95.1K |
|
1202
Watsco Inc
WSO
$13.4B
| $6.89M | 0.01% |
67,100
-700
| -1% | -$70.8K |
|
1203
Enovis
ENOV
$1.43B
| $6.88M | 0.01% |
53,626
-2,673
| -5% | -$334K |
|
|
ENLK
1204
DELISTED
EnLink Midstream Partners, LP
ENLK
| $6.88M | 0.01% |
218,800
-2,600
| -1% | -$79.6K |
|
|
OVTI
1205
DELISTED
OMNIVISION TECHNOLOGIES INC
OVTI
| $6.87M | 0.01% |
312,615
-3,100
| -1% | -$63.1K |
|
|
XCO
1206
DELISTED
Exco Resources
XCO
| $6.86M | 0.01% |
77,626
-120
| -0.2% | -$10.2K |
|
1207
Progress Software
PRGS
$1.78B
| $6.86M | 0.01% |
285,162
+4,700
| +2% | +$103K |
|
|
BDN
1208
Brandywine Realty Trust
BDN
$537M
| $6.85M | 0.01% |
439,351
+43,000
| +11% | +$647K |
|
|
APU
1209
DELISTED
AmeriGas Partners, L.P.
APU
| $6.84M | 0.01% |
150,800
+600
| +0.4% | +$27.4K |
|
|
CAVM
1210
DELISTED
Cavium, Inc.
CAVM
| $6.84M | 0.01% |
137,840
+11,640
| +9% | +$535K |
|
1211
Sanofi
SNY
$104B
| $6.84M | 0.01% |
128,708
| – | – |
|
|
RFP
1212
DELISTED
Resolute Forest Products Inc.
RFP
| $6.83M | 0.01% |
406,800
-31,200
| -7% | -$516K |
|
|
DWRE
1213
DELISTED
DEMANDWARE INC COM STK (DE)
DWRE
| $6.83M | 0.01% |
98,402
-2,594
| -3% | -$149K |
|
1214
CVR Energy
CVI
$3.28B
| $6.82M | 0.01% |
141,600
+44,600
| +46% | +$2.1M |
|
1215
Primerica
PRI
$9.7B
| $6.81M | 0.01% |
142,400
-1,900
| -1% | -$87.2K |
|
|
ESGR
1216
DELISTED
Enstar Group
ESGR
| $6.78M | 0.01% |
45,000
| – | – |
|
|
EVHC
1217
DELISTED
Envision Healthcare Holdings Inc
EVHC
| $6.76M | 0.01% |
62,926
-6,179
| -9% | -$636K |
|
1218
Bank OZK
OZK
$5.61B
| $6.75M | 0.01% |
201,792
+2,920
| +1% | +$90.6K |
|
1219
Marriott Vacations Worldwide
VAC
$3.93B
| $6.74M | 0.01% |
114,930
-800
| -0.7% | -$44.8K |
|
|
UMPQ
1220
DELISTED
Umpqua Holdings Corp
UMPQ
| $6.74M | 0.01% |
376,026
+97,326
| +35% | +$1.69M |
|
1221
AMC Global Media
AMCX
$489M
| $6.69M | 0.01% |
108,800
-14,400
| -12% | -$921K |
|
|
HEES
1222
DELISTED
H&E Equipment Services
HEES
| $6.69M | 0.01% |
184,060
+700
| +0.4% | +$25.7K |
|
|
CMLP
1223
DELISTED
CRESTWOOD MIDSTREAM PARTNERS LP NEW UTS REP LTD PRT INT (DE)
CMLP
| $6.68M | 0.01% |
302,820
| – | – |
|
1224
Kemper
KMPR
$1.54B
| $6.68M | 0.01% |
181,200
-20,500
| -10% | -$759K |
|
|
BID
1225
DELISTED
Sotheby's
BID
| $6.68M | 0.01% |
159,000
+13,300
| +9% | +$542K |
|
Similar funds
California Public Employees Retirement System's Q2 2014 Portfolio in Review
As of Q2 2014, California Public Employees Retirement System held 3,876 positions worth $73.5B, up 5.1% from $70B the previous quarter. Its ten largest holdings account for 14% of the portfolio.
California Public Employees Retirement System's Q2 2014 filing shows 119 new, 1,121 increased, 1,295 reduced and 86 closed positions. Its largest new stake was Voya Financial: 1,053,140 shares worth $38.3M. The largest sale was EOG Resources, an estimated $211M.
By sector, the portfolio is most concentrated in Financials at 16% of assets, down from 16% a quarter earlier, followed by Technology and Healthcare.
- California Public Employees Retirement System's largest Q2 2014 buy was Voya Financial: 1,053,140 shares worth $38.3M.
- California Public Employees Retirement System added most to Comcast in Q2 2014, an estimated $70M increase.
- California Public Employees Retirement System's biggest Q2 2014 reduction was EOG Resources, cutting an estimated $211M.
- California Public Employees Retirement System fully exited Weatherford International plc in Q2 2014, selling an estimated $36.7M.
- California Public Employees Retirement System's ten largest holdings make up 14% of its $73.5B portfolio in Q2 2014.
- California Public Employees Retirement System opened 119 new positions and closed 86 in Q2 2014.
- California Public Employees Retirement System's portfolio value rose 5.1% quarter-over-quarter to $73.5B.
Based on California Public Employees Retirement System's 13F filing for Q2 2014, filed 14 Aug 2014.