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 |
Alphabet (Google) Class A
GOOGL
|
+$580M |
| 2 |
Alphabet (Google) Class C
GOOG
|
+$546M |
| 3 |
Synchrony
SYF
|
+$166M |
| 4 |
Hewlett Packard
HPE
|
+$71.4M |
| 5 |
Alibaba
BABA
|
+$54.5M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
GE Aerospace
GE
|
+$115M |
| 2 |
HP
HPQ
|
+$80M |
| 3 |
Apple
AAPL
|
+$51.3M |
| 4 |
SIAL
SIGMA - ALDRICH CORP
SIAL
|
+$44.7M |
| 5 |
CMCSK
COMCAST CORP SPL A (NEW)
CMCSK
|
+$39.1M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 16.31% |
| 2 | Healthcare | 14.37% |
| 3 | Technology | 14.02% |
| 4 | Industrials | 10.59% |
| 5 | Consumer Discretionary | 9.82% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
WBMD
1201
DELISTED
WebMD Health Corp.
WBMD
| $5.56M | 0.01% |
115,156
+2,700
| +2% | +$120K |
|
|
COR
1202
DELISTED
Coresite Realty Corporation
COR
| $5.56M | 0.01% |
98,000
+8,900
| +10% | +$504K |
|
|
PBY
1203
DELISTED
PEP BOYS MANNY MOE& JACK
PBY
| $5.55M | 0.01% |
301,600
-16,300
| -5% | -$243K |
|
|
HAWK
1204
DELISTED
Blackhawk Network Holdings, Inc. Common Stock
HAWK
| $5.55M | 0.01% |
125,500
-700
| -0.6% | -$31.3K |
|
1205
Applied Industrial Technologies
AIT
$13.3B
| $5.55M | 0.01% |
137,000
+700
| +0.5% | +$28.6K |
|
|
SALE
1206
DELISTED
RetailMeNot, Inc. Series 1
SALE
| $5.54M | 0.01% |
558,400
| – | – |
|
1207
Spectrum Brands
SPB
$2.01B
| $5.54M | 0.01% |
54,400
-9,300
| -15% | -$890K |
|
1208
Generac Holdings
GNRC
$12.7B
| $5.53M | 0.01% |
185,800
+8,900
| +5% | +$267K |
|
1209
Sinclair Inc
SBGI
$965M
| $5.53M | 0.01% |
169,900
+11,700
| +7% | +$372K |
|
|
EBIX
1210
DELISTED
Ebix Inc
EBIX
| $5.53M | 0.01% |
168,600
+1,100
| +0.7% | +$34.8K |
|
1211
Glacier Bancorp
GBCI
$6.35B
| $5.53M | 0.01% |
208,300
-600
| -0.3% | -$16.6K |
|
1212
InterDigital
IDCC
$8.87B
| $5.52M | 0.01% |
112,600
+700
| +0.6% | +$35.5K |
|
1213
Dillards
DDS
$9.99B
| $5.51M | 0.01% |
83,800
+6,600
| +9% | +$531K |
|
|
HR
1214
DELISTED
Healthcare Realty Trust Incorporated
HR
| $5.5M | 0.01% |
194,319
-200
| -0.1% | -$5.34K |
|
1215
The GEO Group
GEO
$4.19B
| $5.5M | 0.01% |
285,300
+1,650
| +0.6% | +$33K |
|
|
WLL
1216
DELISTED
Whiting Petroleum Corporation
WLL
| $5.5M | 0.01% |
1,942
+85
| +5% | +$404K |
|
1217
Cracker Barrel
CBRL
$1.26B
| $5.5M | 0.01% |
43,337
-5,900
| -12% | -$796K |
|
|
POWR
1218
DELISTED
POWERSECURE INTL INC COM STK (DE)
POWR
| $5.5M | 0.01% |
365,100
| – | – |
|
|
CRC
1219
DELISTED
California Resources Corporation
CRC
| $5.49M | 0.01% |
235,776
+42,210
| +22% | +$1.52M |
|
1220
Green Plains
GPRE
$1.1B
| $5.48M | 0.01% |
239,400
| – | – |
|
1221
EPAM Systems
EPAM
$5.13B
| $5.48M | 0.01% |
69,700
+4,900
| +8% | +$382K |
|
|
CVSA
1222
Covista Inc
CVSA
$4.43B
| $5.46M | 0.01% |
215,877
+20,900
| +11% | +$524K |
|
|
EE
1223
DELISTED
El Paso Electric Company
EE
| $5.46M | 0.01% |
141,750
-700
| -0.5% | -$26.7K |
|
|
VSTO
1224
DELISTED
Vista Outdoor Inc.
VSTO
| $5.45M | 0.01% |
122,400
| – | – |
|
1225
Home BancShares
HOMB
$6.22B
| $5.45M | 0.01% |
268,768
+75,200
| +39% | +$1.6M |
|
Similar funds
California Public Employees Retirement System's Q4 2015 Portfolio in Review
As of Q4 2015, California Public Employees Retirement System held 3,723 positions worth $63.3B, up 7.5% from $58.9B the previous quarter. Its ten largest holdings account for 14% of the portfolio.
Trading was light in Q4 2015: portfolio turnover was 4.6%. California Public Employees Retirement System opened 75 new positions and exited 97, leaving the 3,723-position portfolio largely intact.
By sector, the portfolio is most concentrated in Financials at 16% of assets, down from 16% a quarter earlier, followed by Healthcare and Technology.
- California Public Employees Retirement System's largest Q4 2015 buy was Alphabet (Google) Class A: 15,685,180 shares worth $610M.
- California Public Employees Retirement System added most to Synchrony in Q4 2015, an estimated $166M increase.
- California Public Employees Retirement System's biggest Q4 2015 reduction was GE Aerospace, cutting an estimated $115M.
- California Public Employees Retirement System fully exited SIGMA - ALDRICH CORP in Q4 2015, selling an estimated $44.7M.
- California Public Employees Retirement System's ten largest holdings make up 14% of its $63.3B portfolio in Q4 2015.
- California Public Employees Retirement System opened 75 new positions and closed 97 in Q4 2015.
- California Public Employees Retirement System's portfolio value rose 7.5% quarter-over-quarter to $63.3B.
Based on California Public Employees Retirement System's 13F filing for Q4 2015, filed 4 Feb 2016.