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 |
Coty
COTY
|
+$47.4M |
| 2 |
Yum China
YUMC
|
+$23.3M |
| 3 |
Howmet Aerospace
HWM
|
+$20.1M |
| 4 |
Adient
ADNT
|
+$10.4M |
| 5 |
Lamb Weston
LW
|
+$9.39M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$97.4M |
| 2 |
Microsoft
MSFT
|
+$66.2M |
| 3 |
Synchrony
SYF
|
+$64.1M |
| 4 |
JPMorgan Chase
JPM
|
+$56.3M |
| 5 |
ExxonMobil
XOM
|
+$50.6M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 17.67% |
| 2 | Technology | 14.35% |
| 3 | Healthcare | 12.28% |
| 4 | Industrials | 11.1% |
| 5 | Consumer Discretionary | 9.21% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1201
Sabre
SABR
$835M
| $5.6M | 0.01% |
224,600
-11,500
| -5% | -$295K |
|
|
FMBI
1202
DELISTED
First Midwest Bancorp Inc/IL
FMBI
| $5.59M | 0.01% |
221,600
-7,900
| -3% | -$175K |
|
1203
Fossil Group
FOSL
$317M
| $5.58M | 0.01% |
215,800
+3,900
| +2% | +$117K |
|
|
CZZ
1204
DELISTED
Cosan Limited
CZZ
| $5.58M | 0.01% |
743,000
-83,700
| -10% | -$658K |
|
|
JNS
1205
DELISTED
Janus Capital Group Inc
JNS
| $5.58M | 0.01% |
420,500
-34,100
| -8% | -$469K |
|
1206
W&T Offshore
WTI
$577M
| $5.58M | 0.01% |
2,013,167
+30,500
| +2% | +$56.7K |
|
|
DATA
1207
DELISTED
Tableau Software, Inc.
DATA
| $5.58M | 0.01% |
132,300
-6,800
| -5% | -$317K |
|
1208
Maximus
MMS
$2.9B
| $5.56M | 0.01% |
99,600
-9,162
| -8% | -$498K |
|
|
NRF
1209
DELISTED
NorthStar Realty Finance Corp.
NRF
| $5.55M | 0.01% |
366,625
-4,500
| -1% | -$65.3K |
|
1210
Mueller Industries
MLI
$15.2B
| $5.55M | 0.01% |
555,200
-27,600
| -5% | -$244K |
|
|
DBD
1211
DELISTED
Diebold Nixdorf Incorporated
DBD
| $5.54M | 0.01% |
220,300
+500
| +0.2% | +$11.8K |
|
|
PE
1212
DELISTED
PARSLEY ENERGY INC
PE
| $5.54M | 0.01% |
157,100
-28,100
| -15% | -$995K |
|
|
HCR
1213
DELISTED
Hi-Crush Inc. Common Stock
HCR
| $5.53M | 0.01% |
279,500
+107,000
| +62% | +$1.86M |
|
|
AAN.A
1214
DELISTED
The Aaron's Company Inc Class A
AAN.A
| $5.53M | 0.01% |
172,800
-24,200
| -12% | -$774K |
|
1215
UMB Financial
UMBF
$11.1B
| $5.53M | 0.01% |
71,639
-7,600
| -10% | -$528K |
|
|
CTLT
1216
DELISTED
CATALENT, INC.
CTLT
| $5.52M | 0.01% |
204,900
| – | – |
|
1217
Huazhu Hotels Group
HTHT
$13.2B
| $5.52M | 0.01% |
426,000
-145,924
| -26% | -$1.72M |
|
1218
Iridium Communications
IRDM
$5.23B
| $5.51M | 0.01% |
573,700
-24,800
| -4% | -$221K |
|
1219
NorthWestern Energy
NWE
$4.38B
| $5.49M | 0.01% |
96,500
-11,400
| -11% | -$641K |
|
1220
Greif
GEF
$4.97B
| $5.47M | 0.01% |
106,691
+2,700
| +3% | +$137K |
|
|
WPG
1221
DELISTED
Washington Prime Group Inc.
WPG
| $5.45M | 0.01% |
58,126
+4,589
| +9% | +$438K |
|
|
MDSO
1222
DELISTED
Medidata Solutions, Inc.
MDSO
| $5.44M | 0.01% |
109,600
-9,100
| -8% | -$472K |
|
|
ISBC
1223
DELISTED
Investors Bancorp, Inc.
ISBC
| $5.44M | 0.01% |
389,965
-35,383
| -8% | -$462K |
|
1224
WD-40
WDFC
$3.15B
| $5.44M | 0.01% |
46,500
-7,100
| -13% | -$780K |
|
1225
Vipshop
VIPS
$7.4B
| $5.43M | 0.01% |
493,600
-25,200
| -5% | -$326K |
|
Similar funds
California Public Employees Retirement System's Q4 2016 Portfolio in Review
As of Q4 2016, California Public Employees Retirement System held 3,549 positions worth $59.6B, down 2% from $60.8B the previous quarter. Its ten largest holdings account for 14% of the portfolio.
California Public Employees Retirement System withdrew a net $3.56B in Q4 2016, closing 113 positions and reducing 2,056 holdings. Its most notable exit was LinkedIn Corporation, an estimated $47.6M position sold in full.
By sector, the portfolio is most concentrated in Financials at 18% of assets, up from 16% a quarter earlier, followed by Technology and Healthcare.
Against the trend, California Public Employees Retirement System opened a new position in Yum China worth $22.3M.
- California Public Employees Retirement System's largest Q4 2016 buy was Yum China: 854,662 shares worth $22.3M.
- California Public Employees Retirement System added most to Coty in Q4 2016, an estimated $47.4M increase.
- California Public Employees Retirement System's biggest Q4 2016 reduction was Apple, cutting an estimated $97.4M.
- California Public Employees Retirement System fully exited LinkedIn Corporation in Q4 2016, selling an estimated $47.6M.
- California Public Employees Retirement System's ten largest holdings make up 14% of its $59.6B portfolio in Q4 2016.
- California Public Employees Retirement System opened 69 new positions and closed 113 in Q4 2016.
- California Public Employees Retirement System's portfolio value fell 2% quarter-over-quarter to $59.6B.
Based on California Public Employees Retirement System's 13F filing for Q4 2016, filed 10 Feb 2017.