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 | |
|---|---|---|---|---|---|---|
1226
Bank OZK
OZK
$5.63B
| $6.51M | 0.01% |
198,872
+16,472
| +9% | +$512K |
|
|
MENT
1227
DELISTED
Mentor Graphics Corp
MENT
| $6.51M | 0.01% |
309,314
+15,300
| +5% | +$332K |
|
1228
CACI
CACI
$14.3B
| $6.47M | 0.01% |
92,233
-5,329
| -5% | -$404K |
|
1229
Antero Resources
AR
$11.4B
| $6.44M | 0.01% |
99,900
+82,400
| +471% | +$4.88M |
|
1230
Targa Resources
TRGP
$57.1B
| $6.44M | 0.01% |
62,600
+6,900
| +12% | +$645K |
|
1231
ACI Worldwide
ACIW
$5.34B
| $6.43M | 0.01% |
335,700
+11,100
| +3% | +$225K |
|
|
BCPC
1232
Balchem Corp
BCPC
$5.65B
| $6.41M | 0.01% |
106,482
-9,900
| -9% | -$531K |
|
1233
Tenaris
TS
$27.4B
| $6.4M | 0.01% |
143,243
-69,917
| -33% | -$3.03M |
|
|
GTAT
1234
DELISTED
GT ADVANCED TECHNOLOGIES INC COM STK (DE)
GTAT
| $6.39M | 0.01% |
379,049
-173,251
| -31% | -$2.23M |
|
1235
Wintrust Financial
WTFC
$10.7B
| $6.39M | 0.01% |
134,860
| – | – |
|
1236
Brink's
BCO
$4.55B
| $6.39M | 0.01% |
217,057
-12,700
| -6% | -$399K |
|
|
SUSQ
1237
DELISTED
SUSQUEHANNA BANCSHARES INC
SUSQ
| $6.39M | 0.01% |
561,539
-70,500
| -11% | -$801K |
|
1238
Mercado Libre
MELI
$92.5B
| $6.38M | 0.01% |
74,729
-800
| -1% | -$78K |
|
1239
Fair Isaac
FICO
$22.7B
| $6.38M | 0.01% |
119,100
+1,800
| +2% | +$99.4K |
|
1240
First Citizens BancShares
FCNCA
$25.2B
| $6.38M | 0.01% |
26,314
-900
| -3% | -$202K |
|
1241
Mueller Industries
MLI
$15.2B
| $6.38M | 0.01% |
876,968
+10,720
| +1% | +$82.2K |
|
|
CLD
1242
DELISTED
Cloud Peak Energy Inc
CLD
| $6.36M | 0.01% |
289,700
-16,400
| -5% | -$308K |
|
1243
Children's Place
PLCE
$58.3M
| $6.35M | 0.01% |
127,200
-3,100
| -2% | -$166K |
|
1244
Comstock Resources
CRK
$4.22B
| $6.34M | 0.01% |
54,906
-3,100
| -5% | -$291K |
|
1245
The GEO Group
GEO
$4.04B
| $6.34M | 0.01% |
293,550
+11,850
| +4% | +$256K |
|
|
GOV
1246
DELISTED
Government Properties Income Trust
GOV
| $6.34M | 0.01% |
253,119
+11,400
| +5% | +$282K |
|
|
RFMD
1247
DELISTED
RF MICRO DEVICES INC
RFMD
| $6.33M | 0.01% |
783,700
+16,200
| +2% | +$99.7K |
|
1248
Scholastic
SCHL
$807M
| $6.32M | 0.01% |
192,300
+25,600
| +15% | +$874K |
|
1249
Western Alliance Bancorporation
WAL
$8.78B
| $6.32M | 0.01% |
261,300
+6,000
| +2% | +$139K |
|
|
SAFE
1250
Safehold
SAFE
$1.09B
| $6.31M | 0.01% |
89,538
-23,516
| -21% | -$1.73M |
|
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.