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 |
AGN
Allergan plc
AGN
|
+$53.1M |
| 2 |
WFT
Weatherford International plc
WFT
|
+$46.4M |
| 3 |
Liberty Media Series C
FWONK
|
+$27.6M |
| 4 |
Meta Platforms (Facebook)
META
|
+$23.4M |
| 5 |
Alibaba
BABA
|
+$22.5M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P Emerging Markets Small Cap ETF
EWX
|
+$103M |
| 2 |
FRX
FOREST LABORATORIES INC
FRX
|
+$73.6M |
| 3 |
ExxonMobil
XOM
|
+$45.5M |
| 4 |
HSH
HILLSHIRE BRANDS CO
HSH
|
+$38.7M |
| 5 |
Apple
AAPL
|
+$32.4M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 16% |
| 2 | Technology | 14.25% |
| 3 | Healthcare | 13.08% |
| 4 | Industrials | 10.72% |
| 5 | Energy | 9.57% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
TWO
1226
Two Harbors Investment
TWO
$1.26B
| $6.27M | 0.01% |
81,050
-18,163
| -18% | -$1.51M |
|
|
SHLD
1227
DELISTED
Sears Holding Corporation
SHLD
| $6.25M | 0.01% |
265,990
+20,748
| +8% | +$678K |
|
|
ARII
1228
DELISTED
American Railcar Industries, Inc.
ARII
| $6.25M | 0.01% |
84,500
| – | – |
|
|
CAB
1229
DELISTED
Cabela's Inc
CAB
| $6.24M | 0.01% |
106,007
-80,214
| -43% | -$4.8M |
|
|
EVEP
1230
DELISTED
EV Energy Partners, L.P.
EVEP
| $6.22M | 0.01% |
175,396
-25,500
| -13% | -$980K |
|
1231
Western Alliance Bancorporation
WAL
$8.84B
| $6.21M | 0.01% |
260,000
+1,700
| +0.7% | +$40.2K |
|
|
ROSE
1232
DELISTED
ROSETTA RESOURCES INC
ROSE
| $6.21M | 0.01% |
139,252
+1,576
| +1% | +$78.5K |
|
1233
Heartland Express
HTLD
$900M
| $6.2M | 0.01% |
258,928
-19,400
| -7% | -$449K |
|
|
WX
1234
DELISTED
WUXI PHARMATECH, CAYMAN INC REPSTG 8 ORD SHS
WX
| $6.2M | 0.01% |
177,100
+700
| +0.4% | +$24K |
|
|
ARGO
1235
DELISTED
Argo Group International Holdings, Ltd.
ARGO
| $6.19M | 0.01% |
171,291
-1,809
| -1% | -$67.6K |
|
1236
Scholastic
SCHL
$785M
| $6.19M | 0.01% |
191,407
+3,200
| +2% | +$111K |
|
|
RFP
1237
DELISTED
Resolute Forest Products Inc.
RFP
| $6.18M | 0.01% |
394,900
-11,900
| -3% | -$201K |
|
|
GOV
1238
DELISTED
Government Properties Income Trust
GOV
| $6.17M | 0.01% |
281,819
+26,700
| +10% | +$634K |
|
|
ESGR
1239
DELISTED
Enstar Group
ESGR
| $6.16M | 0.01% |
45,200
+200
| +0.4% | +$28.5K |
|
1240
Enerpac Tool Group
EPAC
$1.91B
| $6.14M | 0.01% |
201,300
+600
| +0.3% | +$19.8K |
|
1241
Green Plains
GPRE
$1.09B
| $6.13M | 0.01% |
163,900
-13,300
| -8% | -$531K |
|
|
SUSQ
1242
DELISTED
SUSQUEHANNA BANCSHARES INC
SUSQ
| $6.12M | 0.01% |
612,339
+26,400
| +5% | +$272K |
|
1243
Viasat
VSAT
$11.5B
| $6.12M | 0.01% |
111,000
+1,200
| +1% | +$68.6K |
|
1244
Mueller Industries
MLI
$15.3B
| $6.1M | 0.01% |
855,480
+10,400
| +1% | +$75.4K |
|
1245
Monro
MNRO
$369M
| $6.1M | 0.01% |
125,735
-7,447
| -6% | -$383K |
|
1246
Texas Roadhouse
TXRH
$13.8B
| $6.1M | 0.01% |
219,100
+2,200
| +1% | +$57.3K |
|
|
TA
1247
DELISTED
TravelCenters of America LLC
TA
| $6.08M | 0.01% |
123,080
-5,980
| -5% | -$299K |
|
|
UMPQ
1248
DELISTED
Umpqua Holdings Corp
UMPQ
| $6.08M | 0.01% |
369,026
-7,000
| -2% | -$120K |
|
1249
ACI Worldwide
ACIW
$5.32B
| $6.06M | 0.01% |
322,900
+1,300
| +0.4% | +$24.4K |
|
1250
Kemper
KMPR
$1.54B
| $6.05M | 0.01% |
177,300
-3,900
| -2% | -$139K |
|
Similar funds
California Public Employees Retirement System's Q3 2014 Portfolio in Review
As of Q3 2014, California Public Employees Retirement System held 3,865 positions worth $72.4B, down 1.6% from $73.5B the previous quarter. Its ten largest holdings account for 14% of the portfolio.
Trading was light in Q3 2014: portfolio turnover was 4.3%. California Public Employees Retirement System opened 75 new positions and exited 91, leaving the 3,865-position portfolio largely intact.
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 Q3 2014 buy was Weatherford International plc: 2,064,346 shares worth $42.9M.
- California Public Employees Retirement System added most to Allergan plc in Q3 2014, an estimated $53.1M increase.
- California Public Employees Retirement System's biggest Q3 2014 reduction was State Street SPDR S&P Emerging Markets Small Cap ETF, cutting an estimated $103M.
- California Public Employees Retirement System fully exited FOREST LABORATORIES INC in Q3 2014, selling an estimated $73.6M.
- California Public Employees Retirement System's ten largest holdings make up 14% of its $72.4B portfolio in Q3 2014.
- California Public Employees Retirement System opened 75 new positions and closed 91 in Q3 2014.
- California Public Employees Retirement System's portfolio value fell 1.6% quarter-over-quarter to $72.4B.
Based on California Public Employees Retirement System's 13F filing for Q3 2014, filed 7 Nov 2014.