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 |
Chubb
CB
|
+$42.8M |
| 2 |
Broadcom
AVGO
|
+$35.4M |
| 3 |
Chevron
CVX
|
+$26M |
| 4 |
Weyerhaeuser
WY
|
+$23.4M |
| 5 |
Dentsply Sirona
XRAY
|
+$20.2M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
CB
CHUBB CORPORATION
CB
|
+$93.8M |
| 2 |
PCP
PRECISION CASTPARTS CORP
PCP
|
+$83.3M |
| 3 |
BRCM
BROADCOM CORP CL-A
BRCM
|
+$79.2M |
| 4 |
Meta Platforms (Facebook)
META
|
+$34.9M |
| 5 |
Alphabet (Google) Class C
GOOG
|
+$34.3M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 15.29% |
| 2 | Technology | 14.48% |
| 3 | Healthcare | 13.34% |
| 4 | Industrials | 10.9% |
| 5 | Consumer Discretionary | 9.91% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1226
Northwest Bancshares
NWBI
$2.29B
| $5.41M | 0.01% |
400,550
+2,400
| +0.6% | +$30.5K |
|
|
GNCMA
1227
DELISTED
GCI Liberty, Inc. Class A-1 Common Stock
GNCMA
| $5.4M | 0.01% |
294,973
+3,700
| +1% | +$67.7K |
|
1228
Universal Display
OLED
$4.32B
| $5.4M | 0.01% |
99,800
+500
| +0.5% | +$24.4K |
|
1229
Exponent
EXPO
$3.25B
| $5.39M | 0.01% |
211,200
-1,600
| -0.8% | -$38.6K |
|
1230
Home BancShares
HOMB
$6.22B
| $5.38M | 0.01% |
262,968
-5,800
| -2% | -$114K |
|
|
TIVO
1231
DELISTED
Tivo Inc
TIVO
| $5.35M | 0.01% |
260,835
+8,000
| +3% | +$159K |
|
1232
EastGroup Properties
EGP
$10.8B
| $5.34M | 0.01% |
88,424
-8,000
| -8% | -$435K |
|
|
USG
1233
DELISTED
Usg
USG
| $5.32M | 0.01% |
214,600
+11,400
| +6% | +$237K |
|
|
EFII
1234
DELISTED
Electronics for Imaging
EFII
| $5.32M | 0.01% |
125,560
-10,300
| -8% | -$420K |
|
|
DF
1235
DELISTED
Dean Foods Company
DF
| $5.32M | 0.01% |
306,845
+23,100
| +8% | +$437K |
|
|
BOBE
1236
DELISTED
Bob Evans Farms, Inc.
BOBE
| $5.28M | 0.01% |
113,058
+6,900
| +6% | +$291K |
|
|
N
1237
DELISTED
Netsuite Inc
N
| $5.27M | 0.01% |
77,000
-4,300
| -5% | -$282K |
|
|
CRC
1238
DELISTED
California Resources Corporation
CRC
| $5.27M | 0.01% |
512,030
+276,254
| +117% | +$3.26M |
|
1239
Brady Corp
BRC
$4.48B
| $5.27M | 0.01% |
196,400
-1,100
| -0.6% | -$26.5K |
|
|
INFN
1240
DELISTED
Infinera Corporation Common Stock
INFN
| $5.27M | 0.01% |
328,100
+100,500
| +44% | +$1.54M |
|
1241
Matsons
MATX
$6.11B
| $5.27M | 0.01% |
131,100
-3,900
| -3% | -$153K |
|
|
AAN.A
1242
DELISTED
The Aaron's Company Inc Class A
AAN.A
| $5.25M | 0.01% |
209,300
+10,000
| +5% | +$251K |
|
1243
Itron
ITRI
$4.52B
| $5.24M | 0.01% |
125,668
+1,700
| +1% | +$62.9K |
|
|
WNR
1244
DELISTED
Western Refining Inc
WNR
| $5.23M | 0.01% |
179,700
-3,300
| -2% | -$99.5K |
|
|
BMCH
1245
DELISTED
BMC Stock Holdings, Inc
BMCH
| $5.21M | 0.01% |
313,800
+14,000
| +5% | +$205K |
|
1246
Interactive Brokers
IBKR
$40.7B
| $5.2M | 0.01% |
529,200
-6,800
| -1% | -$60K |
|
1247
La-Z-Boy
LZB
$1.66B
| $5.17M | 0.01% |
193,300
-1,000
| -0.5% | -$23.4K |
|
|
AVNS
1248
DELISTED
Avanos Medical
AVNS
| $5.17M | 0.01% |
179,845
+17,100
| +11% | +$456K |
|
|
HI
1249
DELISTED
Hillenbrand
HI
| $5.16M | 0.01% |
172,400
+1,300
| +0.8% | +$35.9K |
|
1250
Iridium Communications
IRDM
$5.23B
| $5.16M | 0.01% |
655,400
+15,400
| +2% | +$111K |
|
Similar funds
California Public Employees Retirement System's Q1 2016 Portfolio in Review
As of Q1 2016, California Public Employees Retirement System held 3,700 positions worth $62B, down 1.9% from $63.3B the previous quarter. Its ten largest holdings account for 14% of the portfolio.
California Public Employees Retirement System's Q1 2016 filing shows 73 new, 1,092 increased, 1,697 reduced and 112 closed positions. Its largest new stake was Axalta: 370,700 shares worth $10.8M. The largest sale was CHUBB CORPORATION, an estimated $93.8M.
By sector, the portfolio is most concentrated in Financials at 15% of assets, down from 16% a quarter earlier, followed by Technology and Healthcare.
- California Public Employees Retirement System's largest Q1 2016 buy was Axalta: 370,700 shares worth $10.8M.
- California Public Employees Retirement System added most to Chubb in Q1 2016, an estimated $42.8M increase.
- California Public Employees Retirement System's biggest Q1 2016 reduction was Meta Platforms (Facebook), cutting an estimated $34.9M.
- California Public Employees Retirement System fully exited CHUBB CORPORATION in Q1 2016, selling an estimated $93.8M.
- California Public Employees Retirement System's ten largest holdings make up 14% of its $62B portfolio in Q1 2016.
- California Public Employees Retirement System opened 73 new positions and closed 112 in Q1 2016.
- California Public Employees Retirement System's portfolio value fell 1.9% quarter-over-quarter to $62B.
Based on California Public Employees Retirement System's 13F filing for Q1 2016, filed 4 May 2016.